APC 2007 Annual Report Download - page 129

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5
Consolidated financial statements at December 31, 2007
Plan Number Options Options Adjustment Number
no. of options exercised cancelled for capital of options
outstanding and/or created in 2007 (1) increase (2) outstanding
at in 2007 at
Dec. 31, 2006 Dec. 31, 2007
16 167,550 (136,637) (31,140) 227 -
17 200,143 (167,859) (32,760) 476 -
18 358,628 (179,445) (4,624) 2,955 177,514
19 1,048,458 (410,287) (76,127) 9,196 571,240
20 602,346 (263,883) - 7,306 345,769
21 1,439,900 (892,407) (23,523) 12,587 536,557
22 59,050 (34,853) - 434 24,631
23 52,600 (10,652) - 506 42,454
24 1,999,900 (194,376) (106,735) 18,720 1,717,509
25 60,050 (13,764) - 570 46,856
26 1,989,200 - (15,138) 19,702 1,993,764
27 1,613,700 - (16,010) 15,954 1,613,644
28 1,257,120 - (9,408) 12,514 1,260,226
29 - 83,150 - - 83,150
30 - 944,926 - - 944,926
Total 10,848,645 (1,276,087) (315,465) 101,147 9,358,240
(1) Including potential cancellations due to targets not being met or options being allowed to lapse without being exercised.
(2) The number of options was adjusted following the March 16, 2007 capital increase.
Outstanding options and grants as of December 31, 2007
Change in the number of options:
On April 23, 2007, the Management Board set up stock option plan no. 29, granting 83,150 options to subscribe new
shares or purchase existing shares of Company stock at a price of 97.05 in principle exercisable between April 23, 2011
and April 22, 2017. For US employees, the plan awards 108,000 Stock Appreciation Rights (SARs) at a price of 97.05,
with the same vesting period and expiration date as the options in plan 29.
Plan Date Vesting End Number Grants cancelled
no. of Board date of lock-up of shares because
Meeting period initially granted targets not met
1 Dec 21, 06 Dec 21, 09 Dec 21, 11 52,006 -
2 Apr 23, 07 Apr 23, 10 Apr 23, 12 2,214 -
3 Dec 19, 07 Dec 19, 10 Dec 19, 12 66,394 -
4 Dec 19, 07 Dec 19, 11 Dec 19, 11 57,250 -
Total 177,864 -
Stock grants
Rules governing the stock grant plans are as follows:
To receive the stock, the grantee must be an employee or corporate officer of the Group. Vesting is also conditional on
the achievement of performance criteria.
The vesting period is three to four years.
The lock-up period is zero to two years.
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