APC 2011 Annual Report Download - page 255

2532011 REGISTRATION DOCUMENT SCHNEIDER ELECTRIC
GENERAL PRESENTATION OF SCHNEIDERELECTRICSA
7
PERFORMANCE SHARE GRANTS ANDSTOCK OPTION PLANS
Past share plans (at December31, 2011)
The data below are adjusted for the two-for-one share split , effective September2, 2011.
Plan Plan date
Number
of benefi -
ciaries at
inception
Number of
shares at
inception Vesting period Holding period Performance criteria
% of
targets
reached
Rights
cancel-
led(1)(3)
Corpo-
rate offi -
cers(2)
Total
rights
cancelled
since the
grant
Rights
outstanding
at
December31,
2011
4 Dec.19,
2007
274 114,500 4 years 0 50% of shares - 2008
and 2009 operating
margin and revenue
- 55,394 0 10,052 0
(5)
5 Jan.5,
2009
342 287,430 3 years 2 years 50% of shares/100% for
the Management Board -
2011 operating margin(4)
and share of revenue
generated in the new
economies 2011
100 - 22,500 14,600 272,830
6 Jan.5,
2009
721 424,702 4 years 0 As plan5 100
- 0 30,954 393,748
7 Aug.21,
2009
1 2,500 3 years 2 years without - - 2,500 0 2,500
8 Dec.21,
2009
395 319,506 2years 2 years 50% of shares/100% for
the Management Board -
2010 and 2011 operating
margin(4) and share of
revenues generated in the
new economies in 2011
100
- 32,500 1,544 317,962
9 Dec.21,
2009
1,184 780,190 4 years 0 As plan9 100 - 0 29,780 750,410
10 Dec.17,
2010
658 665,524 2years
and
3months
2 years 50% of shares/100% for
the Management Board -
2011 and 2012 operating
margin(4) and 2011 and
2012 average revenue
growth compared to
changes in world GDP
over the same period
- - 70,000 3,544 661,980
10
bis
June26,
2011
1 3,000 2 years 2 years As plan10 - - 0 0 3,000
11 Dec.17,
2010
1,702 1,161,696 4 years 0 As plan10 - - 0 0 1,136,076
11
bis
July26,
2011
1 5,882 4 years 0 As plan10 - - 0 0 5,882
12 July26,
2011
1 19,850 4 years 0 with no performance
conditions
- - 0 0 19,850
13
and
13
bis
(6 )
Dec.16,
2011
608 647,943 2years
and
3months
2 years 50% of the shares/100%
for the Management
Board and Executive
Committee - 2012 and
2013 (4) operating margin
and change in the Planet
&Society barometer to
the end of 2013
- - 72,000 0 647,943
14
and
14
bis
(6 )
Dec.16,
2011
2,029 1,386,800 4 years 0 As plan13 - - 0 0 1,386,800
5,819,523 55,394 199,500 90,474 5,598,981
(1) Rights cancelled for non-achievement of targets.
(2) Rights after cancellations for non-achievement of targets.
(3) Application of the performance conditions led to the cancellation of 55,394shares in 2010 (plan4).
(4) Excluding restructuring costs.
(5) 53,064 shares were delivered on December19, 2011 .
(6 ) Plans 13 bis and 14 bis each include a benefi ciary. The vesting conditions are identical to those of plans 13 and 14.