APC 2012 Annual Report Download - page 199

2012 REGISTRATION DOCUMENT SCHNEIDER ELECTRIC 197
CONSOLIDATED FINANCIAL STATEMENTS AT DECEMBER31, 2012
5
NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
Stock grants
Plan no. Date of Board meeting Vesting Date Expiration Date Number of shares granted originally Grants cancelled because targets not met
1 12/21/2006 12/21/2009 12/21/2011 104,012 -
2 04/23/2007 04/23/2010 04/23/2012 4,428 -
3 12/19/2007 12/19/2010 12/19/2012 132,788 69,434
4 12/19/2007 12/19/2011 12/19/2011 114,500 58,176
5 01/05/2009 01/05/2012 01/05/2014 287,430 -
6 01/05/2009 01/05/2013 01/05/2013 424,702 -
7 08/21/2009 08/21/2012 08/21/2014 2,500 -
8 12/21/2009 12/21/2011 12/21/2013 319,506 -
9 12/21/2009 12/21/2013 12/21/2013 780,790 -
10 12/17/2010 03/17/2013 03/17/2015 665,524 -
11 12/17/2010 12/17/2014 12/17/2014 1,161,696 -
10 bis 07/26/2011 07/26/2013 07/26/2015 3,000 -
11 bis 07/26/2011 07/26/2015 07/26/2015 5,882 -
12 07/26/2011 07/26/2015 07/26/2015 19,850 -
13 12/16/2011 12/16/2013 12/16/2015 645,443 -
14 12/16/2011 12/16/2015 12/16/2015 1,387,800 -
13 ter 07/27/2012 07/27/2014 07/27/2016 625 -
14 ter 07/27/2012 07/27/2016 07/27/2016 1,500 -
TOTAL 6,061,976 127,610
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, 2011
Number of options
exercised and/or
createdin2012 Number of options cancelled in2012(1)
Number of options
outstanding Dec.31, 2012
23 22,292 (11,992) (10,300)
24 571,390 (432,438) (138,952)
25 44,068 (16,448) (10) 27,610
26 1,647,570 (1,187,295) (28,684) 431,591
27 1,899,410 (760,201) (32,924) 1,106,285
28 1,800,722 (408,292) (44,882) 1,347,548
29 144,300 (14,400) (19,000) 110,900
30 841,960 (112,700) (18,020) 711,240
31 1,253,300 (177,530) 1,075,770
32 10,000 10,000
33 1,624,636 (59,110) 1,565,526
TOTAL 9,859,648 (2,943,766) (529,412) 6,386,470
(1) Including potential cancellations due to targets not being met or options being granted to employees without being exercised.