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1852011 REGISTRATION DOCUMENT SCHNEIDER ELECTRIC
CONSOLIDATED FINANCIAL STATEMENTS
5
NOTES TO THE CONSOLIDATED FINANCIAL
Stock grants
Plan no.
Date of Board
meeting Vesting Date Expiration Date Number of shares
grantedoriginally Grantscancelled because
targets not met
1 Dec.21, 2006 Dec.21, 2009 Dec.21, 2011 104,012 -
2 April23, 2007 April23, 2010 April23, 2012 4,428 -
3 Dec.19, 2007 Dec.19, 2010 Dec.19, 2012 132,788 69,434
4 Dec.19, 2007 Dec.19, 2011 Dec.19, 2011 114,500 58,176
5 Jan.5, 2009 Jan.5, 2012 Jan.5, 2014 287,430 -
6 Jan.5, 2009 Jan.5, 2013 Jan.5, 2013 424,702 -
7 Aug.21, 2009 Aug.21, 2012 Aug.21, 2014 2,500 -
8 Dec.21, 2009 Dec.21, 2011 Dec.21, 2013 319,506 -
9 Dec.21, 2009 Dec.21, 2013 Dec.21, 2013 780,190 -
10 Dec.17, 2010 Mar.17, 2013 Mar.17, 2015 665,524 -
11 Dec.17, 2010 Dec.17, 2014 Dec.17, 2014 1,161,696 -
10 bis July26, 2011 July26, 2013 July26, 2015 3,000 -
11 bis July26, 2011 July26, 2015 July26, 2015 5,882 -
12 July26, 2011 July26, 2015 July26, 2015 19,850 -
13 Dec.16, 2011 Dec.16, 2013 Dec.16, 2015 645,443 -
14 Dec.16, 2011 Dec.16, 2015 Dec.16, 2015 1,387,800 -
TOTAL 6,059,851 127,610
Rules governing the stock grant plans are as follows:
•to receive the stock, the grantee must be an employee or
corporate offi cer of the Group. Vesting is also conditional on the
achievement of performance criteria;
•the vesting period is two to four years;
•the lock-up period is zero to two years.
Outstanding options and grants
Change in the number of options
Plan no.
Number of options
outstanding
Dec.31, 2010
Number of options
exercised and/ or
createdin2011 Number of options
cancelled in 2011(1)
Number of options
outstanding
Dec.31, 2011
21 88,452 (29,674) (58,778) -
22 12,940 (820) (12,120) -
23 30,332 (8,040) - 22,292
24 845,644 (274,254) - 571,390
25 58,940 (14,872) - 44,068
26 1,890,198 (234,952) (7,676) 1,647,570
27 2,168,392 (265,750) (3,232) 1,899,410
28 2,105,646 (291,794) (13,130) 1,800,722
29 152,300 - (8,000) 144,300
30 882,440 - (40,480) 841,960
31 1,286,900 - (33,600) 1,253,300
32 10,000 - - 10,000
33 1,646,086 - (21,450) 1,624,636
TOTAL 11,178,270 (1,120,156) (198,466) 9,859,648
(1) Including potential cancellations due to targets not being met or options being granted to employes without being exercised.