HSBC 2006 Annual Report Download - page 275

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HSBC Finance: 1996 Long-Term Executive Incentive Compensation Plan
HSBC Holdings ordinary shares of US$0.50
Date of
award
Exercise
price (US$)
Exercisable
from
Exercisable
until
Options at
1 January
2006
Options
exercised
during year1
Options
lapsed
during year
Options at
31 December
2006
11 Nov 1996 11.43 11 Nov 1997 11 Nov 2006 607,225 607,225 – –
14 May 1997 11.29 14 May 1998 14 May 2007 180,567 60,189 20,063 100,315
10 Nov 1997 14.60 10 Nov 1998 10 Nov 2007 3,388,670 2,781,413 33,573 573,684
15 Jun 1998 17.08 15 Jun 1999 15 Jun 2008 802,500 – – 802,500
1 Jul 1998 19.21 1 Jul 1999 1 Jul 2008 80,250 – – 80,250
9 Nov 1998 13.71 9 Nov 1999 9 Nov 2008 4,543,154 2,501,013 26,750 2,015,391
17 May 1999 16.99 17 May 2000 17 May 2009 334,375 – – 334,375
3 Jun 1999 16.32 3 Jun 2000 3 Jun 2009 200,625 200,625 – –
31 Aug 1999 13.96 31 Aug 2000 31 Aug 2009 345,077 8,026 5,350 331,701
8 Nov 1999 16.96 8 Nov 2000 8 Nov 2009 4,869,841 86,939 53,500 4,729,402
30 Jun 2000 15.70 30 Jun 2001 30 Jun 2010 26,846 – – 26,846
8 Feb 2000 13.26 8 Feb 2001 8 Feb 2010 66,875 – – 66,875
13 Nov 2000 18.40 13 Nov 2001 13 Nov 2010 6,379,208 30,094 53,500 6,295,614
12 Nov 2001 21.37 12 Nov 2002 12 Nov 2011 7,571,322 – 56,978 7,514,344
20 Nov 2002 10.66 20 Nov 20032 20 Nov 2012 6,357,805 3,219,228 13,375 3,125,202
1 The weighted average closing price of the shares immediately before the dates on which options were exercised was £9.77.
2 25 per cent of the original award is exercisable on each of the first, second, third and fourth anniversaries of the date of award. May be
advanced to an earlier date in certain circumstances, e.g. retirement.
HSBC Finance: 1996 Long-Term Executive Incentive Compensation Plan1
HSBC Holdings ordinary shares of US$0.50
Date of
award
Vesting
from2
Vesting
until2
Rights at
1 January
2006
Rights
vested
during year3
Rights
lapsed
during year
Rights at
31 December
2006
15 Nov 2002 15 Nov 2005 15 Nov 2007 4,817 2,408 – 2,409
20 Nov 2002 20 Nov 2005 20 Nov 2007 1,132,606 562,572 31,007 539,027
2 Dec 2002 2 Dec 2005 2 Dec 2007 7,137 3,121 893 3,123
16 Dec 2002 16 Dec 2005 16 Dec 2007 23,902 11,771 357 11,774
20 Dec 2002 20 Dec 2005 20 Dec 2007 91,853 – 3,567 88,286
2 Jan 2003 2 Jan 2006 2 Jan 2008 1,338 445 – 893
15 Jan 2003 15 Jan 2006 15 Jan 2008 31,432 10,473 – 20,959
3 Feb 2003 3 Feb 2006 3 Feb 2008 9,501 3,157 – 6,344
14 Feb 2003 14 Feb 2006 14 Feb 2008 147,393 49,128 – 98,265
3 Mar 2003 3 Mar 2006 3 Mar 2008 1,338 445 – 893
1 Awards of Restricted Stock Rights which represent a right to receive shares for nil consideration if the employee remains in the
employment of HSBC Finance at the date of vesting.
2 Restricted Stock Rights vest one third on each of the third, fourth and fifth anniversaries of the date of award. May be advanced to an
earlier date in certain circumstances, e.g. retirement.
3 The weighted average closing price of the shares immediately before the dates on which rights vested was £9.83.
Beneficial Corporation: 1990 Non-Qualified Stock Option Plan
HSBC Holdings ordinary shares of US$0.50
Date of
award
Exercise
price (US$)
Exercisable
from
Exercisable
until
Options at
1 January
2006
Options
exercised
during year1
Options
lapsed
during year
Options at
31 December
2006
20 Nov 1996 7.86 20 Nov 1997 20 Nov 2006 244,175 244,175 – –
14 Nov 1997 9.20 14 Nov 1998 14 Nov 2007 131,248 – – 131,248
19 Nov 1997 9.39 19 Nov 1998 19 Nov 2007 383,946 74,721 – 309,225
1 Dec 1997 9.68 1 Dec 1998 1 Dec 2007 49,218 – – 49,218
1 The weighted average closing price of the shares immediately before the dates on which options were exercised was £9.77.