APC 2012 Annual Report Download - page 267

Download and view the complete annual report

Please find page 267 of the 2012 APC annual report below. You can navigate through the pages in the report by either clicking on the pages listed below, or by using the keyword search tool below to find specific information within the annual report.

Page out of 320

  • 1
  • 2
  • 3
  • 4
  • 5
  • 6
  • 7
  • 8
  • 9
  • 10
  • 11
  • 12
  • 13
  • 14
  • 15
  • 16
  • 17
  • 18
  • 19
  • 20
  • 21
  • 22
  • 23
  • 24
  • 25
  • 26
  • 27
  • 28
  • 29
  • 30
  • 31
  • 32
  • 33
  • 34
  • 35
  • 36
  • 37
  • 38
  • 39
  • 40
  • 41
  • 42
  • 43
  • 44
  • 45
  • 46
  • 47
  • 48
  • 49
  • 50
  • 51
  • 52
  • 53
  • 54
  • 55
  • 56
  • 57
  • 58
  • 59
  • 60
  • 61
  • 62
  • 63
  • 64
  • 65
  • 66
  • 67
  • 68
  • 69
  • 70
  • 71
  • 72
  • 73
  • 74
  • 75
  • 76
  • 77
  • 78
  • 79
  • 80
  • 81
  • 82
  • 83
  • 84
  • 85
  • 86
  • 87
  • 88
  • 89
  • 90
  • 91
  • 92
  • 93
  • 94
  • 95
  • 96
  • 97
  • 98
  • 99
  • 100
  • 101
  • 102
  • 103
  • 104
  • 105
  • 106
  • 107
  • 108
  • 109
  • 110
  • 111
  • 112
  • 113
  • 114
  • 115
  • 116
  • 117
  • 118
  • 119
  • 120
  • 121
  • 122
  • 123
  • 124
  • 125
  • 126
  • 127
  • 128
  • 129
  • 130
  • 131
  • 132
  • 133
  • 134
  • 135
  • 136
  • 137
  • 138
  • 139
  • 140
  • 141
  • 142
  • 143
  • 144
  • 145
  • 146
  • 147
  • 148
  • 149
  • 150
  • 151
  • 152
  • 153
  • 154
  • 155
  • 156
  • 157
  • 158
  • 159
  • 160
  • 161
  • 162
  • 163
  • 164
  • 165
  • 166
  • 167
  • 168
  • 169
  • 170
  • 171
  • 172
  • 173
  • 174
  • 175
  • 176
  • 177
  • 178
  • 179
  • 180
  • 181
  • 182
  • 183
  • 184
  • 185
  • 186
  • 187
  • 188
  • 189
  • 190
  • 191
  • 192
  • 193
  • 194
  • 195
  • 196
  • 197
  • 198
  • 199
  • 200
  • 201
  • 202
  • 203
  • 204
  • 205
  • 206
  • 207
  • 208
  • 209
  • 210
  • 211
  • 212
  • 213
  • 214
  • 215
  • 216
  • 217
  • 218
  • 219
  • 220
  • 221
  • 222
  • 223
  • 224
  • 225
  • 226
  • 227
  • 228
  • 229
  • 230
  • 231
  • 232
  • 233
  • 234
  • 235
  • 236
  • 237
  • 238
  • 239
  • 240
  • 241
  • 242
  • 243
  • 244
  • 245
  • 246
  • 247
  • 248
  • 249
  • 250
  • 251
  • 252
  • 253
  • 254
  • 255
  • 256
  • 257
  • 258
  • 259
  • 260
  • 261
  • 262
  • 263
  • 264
  • 265
  • 266
  • 267
  • 268
  • 269
  • 270
  • 271
  • 272
  • 273
  • 274
  • 275
  • 276
  • 277
  • 278
  • 279
  • 280
  • 281
  • 282
  • 283
  • 284
  • 285
  • 286
  • 287
  • 288
  • 289
  • 290
  • 291
  • 292
  • 293
  • 294
  • 295
  • 296
  • 297
  • 298
  • 299
  • 300
  • 301
  • 302
  • 303
  • 304
  • 305
  • 306
  • 307
  • 308
  • 309
  • 310
  • 311
  • 312
  • 313
  • 314
  • 315
  • 316
  • 317
  • 318
  • 319
  • 320

2012 REGISTRATION DOCUMENT SCHNEIDER ELECTRIC 265
GENERAL PRESENTATION OF SCHNEIDER ELECTRICSA
7
PERFORMANCE SHARES AND STOCK OPTION PLANS
Past share plans (at December31, 2012)
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)
Cor-
porate
offi cers (2)
Total
rights
cancelled
since the
grant
Rights
outstan-
ding at
Decem-
ber31,
2012
6 01/05/2009 721 424,702 4 years - 50% of shares/100% for
the Management Board -
2011 operating margin(3)
and share of revenue
generated in the new
economies 2011
100 - 0 61,906 362,796
9 12/21/2009 1,184 780,190 4 years - 50% of shares/100% for
the Management Board
– 2010&2011 operating
margin (3) and share of
revenue generated in2011
in the new economies
100 - 0 66,300 713,890
10 12/17/2010 658 665,524 2 years
and 3
months
2 years 50% of shares/100% for
the Management Board –
2011&2012 (3) operating
margin and 2011 and
2012 average revenue
growth compared to
changes in world GDP
over the same period
-(5 )70,000 7,572 657,952
10 bis 07/26/2011 1 3,000 2 years 2 years As plan 10 - (5 )- - 3,000
11 12/17/2010 1,702 1,161,696 4 years - As plan 10 - (5 )- 54,870 1,106,826
11 bis 06/26/2011 1 5,882 4 years - As plan 10 - (5 )- - 5,882
12 06/26/2011 1 19,850 4 years - with no performance
conditions
- - - - 19,850
13 and
13 bis
12/16/2011 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 (3) operating margin
and change in the Planet
& Society barometer at
the end of2013
- - 72,000 1,200 646,743
13 ter 07/27/2012 1 625 2 years 2 years - - - - 625
14 and
14 bis
12/16/2011 2,029 1,386 ,800
4 years - As plan 13 - - - 33,314 1,354,986
14 ter 7/27/2012 1 1,500
5 ,097 ,7 12 - 142,000 225,162 4,872,550
(1) Rights cancelled for non-achievement of targets.
(2) Rights after cancellations for non-achievement of targets.
(3) Excluding restructuring costs.
(4) Including rights created upon death and invalidity.
(5 ) In2013, 28,788 were cancelled under plans 10, 10 bis, 11 and 11 bis due to performance conditions.