HSBC 2004 Annual Report Download - page 197

195
HSBC Holdings Executive Share Option Scheme
HSBC Holdings ordinary shares of US$0.50
Date of
award
Exercise
price (£)
Exercisable
from1
Exercisable
until2
Options at
1 January
2004
Options
exercised
during year3
Options
lapsed
during year
Options at
31 December
2004
8 Mar 1994 2.8376 8 Mar 1997 8 Mar 2004 82,479 82,479 – –
7 Mar 1995 2.1727 7 Mar 1998 7 Mar 2005 234,000 133,500 – 100,500
1 Apr 1996 3.3334 1 Apr 1999 1 Apr 2006 602,019 236,349 15,000 350,670
24 Mar 1997 5.0160 24 Mar 2000 24 Mar 2007 1,046,174 255,263 9,000 781,911
12 Aug 1997 7.7984 12 Aug 2000 12 Aug 2007 14,625 – – 14,625
16 Mar 1998 6.2767 16 Mar 2001 16 Mar 2008 1,954,924 499,281 37,500 1,418,143
29 Mar 1999 6.3754 3 Apr 2002 29 Mar 2009 32,420,672 8,802,829 299,478 23,318,365
10 Aug 1999 7.4210 10 Aug 2002 10 Aug 2009 193,800 43,642 7,500 142,658
31 Aug 1999 7.8710 31 Aug 2002 31 Aug 2009 4,000 – – 4,000
3 Apr 2000 7.4600 3 Apr 2003 3 Apr 2010 23,142,646 4,852,349 444,358 17,845,939
1May be advanced to an earlier date in certain circumstances, e.g. retirement.
2May be extended to a later date in certain circumstances, e.g. on the death of a participant, the executors may exercise the option up to
twelve months beyond the normal exercise period.
3The weighted average closing price of the shares immediately before the dates on which options were exercised was £8.61.
The HSBC Holdings Executive Share Option Scheme was replaced by the HSBC Holdings Group Share Option Plan
on 26 May 2000. No options have been granted under the Scheme since that date.
HSBC Holdings Group Share Option Plan
HSBC Holdings ordinary shares of US$0.50
Date of
award
Exercise
price (£)
Exercisable
from1
Exercisable
until2
Options at
1 January
2004
Options
awarded
during
year
Options
exercised
during
year3
Options
lapsed
during
year
Options at
31 December
2004
4 Oct 2000 9.6420 4 Oct 2003 4 Oct 2010 396,235 – – 6,883 389,352
23 Apr 2001 8.7120 23 Apr 2004 23 Apr 2011 47,272,814 – 1,284,499 1,182,858 44,805,457
30 Aug 2001 8.2280 30 Aug 2004 30 Aug 2011 356,980 – 25,650 14,100 317,230
7 May 2002 8.4050 7 May 2005 7 May 2012 54,343,874 – 71,850 1,658,549 52,613,475
30 Aug 2002 7.4550 30 Aug 2005 30 Aug 2012 452,350 – – 7,725 444,625
2 May 2003 6.9100 2 May 2006 2 May 2013 56,527,650 – 78,400 1,647,400 54,801,850
29 Aug 2003 8.1300 29 Aug 2006 29 Aug 2013 577,270 – – 8,200 569,070
3 Nov 2003 9.1350 3 Nov 2006 3 Nov 2013 4,069,800 – – – 4,069,800
30 Apr 2004 8.2830 30 Apr 2007 30 Apr 2014 – 63,341,8794– 1,022,692 62,319,187
27 Aug 2004 8.6500 27 Aug 2007 27 Aug 2014 – 340,1605– 300 339,860
1May be advanced to an earlier date in certain circumstances, e.g. retirement.
2May be extended to a later date in certain circumstances, e.g. on the death of a participant, the executors may exercise the option up to
twelve months beyond the normal exercise period.
3The weighted average closing price of the shares immediately before the dates on which options were exercised was £9.05.
4The closing price per share on 29 April 2004, the day before the options were awarded, was £8.18.
5The closing price per share on 26 August 2004, the day before the options were awarded, was £8.61.
CCF and subsidiary company plans
When it was acquired in 2000, CCF and certain of its
subsidiary companies operated employee share
option plans under which options could be granted
over their respective shares. No further options will
be granted under any of these subsidiary company
plans. The following are outstanding options to
acquire shares in CCF and its subsidiaries.