APC 2012 Annual Report Download - page 265

2012 REGISTRATION DOCUMENT SCHNEIDER ELECTRIC 263
GENERAL PRESENTATION OF SCHNEIDER ELECTRICSA
7
PERFORMANCE SHARES AND STOCK OPTION PLANS
Past stock option plans
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
options at
inception
of which
corporate
offi cers
Exercise
price
(in euros) Performance criteria
% of
targets
reached
Options
cancelled by
performance
criteria (1)
Options
outstanding
at Dec.31,
2012 (2 )
23 05/06/2004 107 214,000 - 27.77 Without - plan reserved to
winners of the trophy
NA NA - (2)
24 05/06/2004 402 4,121,400 300,000 27.77 50% of options - operating
margin on revenue - 1/3 per
year on 2004, 2005 and 2006
88.9 188,600 - (2)
25 05/12/2005 157 277,000 - 28.23 Without - plan reserved to
winners of the trophy
NA NA 27,610
26 06/28/2005 458 4,007,600 400,000 30.09 50% of options - 2005
and2006 operating margin
andrevenue
100 - 431,591
27 12/01/2005 419 3,229,800 300,000 35.70 50% of options - 2006
and2007 operating margin
andrevenue
100 - 1,106,285
28 12/21/2006 489 2,514,240 224,000 40.67 50% of options - 2007
and2008 operating margin
andrevenue
100 - 1,347,548
29 04/23/2007 43 166,300 - 48.52 50% of options - 2007
and2008 operating margin
andrevenue
100 - 110,900
30 12/19/2007 542 1,889,852 176,400 46.00 50% of options - 2008
and2009 operating margin
andrevenue
- 887,952 711,240
31 01/05/2009 328 1,358,000 137,000 26.06 50% of options/100%
for theManagement
Board - 2011 operating
margin(4) and2009 to2011
EPS compared to a
benchmarkselection (3)
80 133,760 1,075,770
32 08/21/2009 1 10,000 10,000 31.30 without - - 10,000
33 12/21/2009 391 1,652,686 130,000 37.92 50% of options/100% for
the Management Board -
2010 and2011 operating
margin (4) and2011 share
of revenue generated in the
neweconomies
100 - 1,565,526
19,440,878 1,677,400 - 1,210,312 6,386,470
(1) Number of options remaining to be exercised after deduction of all cancellations and exercises since plan implementation.
(2) 10,300 options from plan 23 and 50,288 from plan 24 have been cancelled due to option term on May5, 2012.
(3) On the basis of a pre-defi ned and fi xed list of 11 competitor companies.
(4) Excluding restructuring costs.