2013 Registration document and annual financial report - page 300

Registration Document 2013
298
FINANCIAL STATEMENTS
Parent Company Financial Statements and Notes
5
NOTE
14 STOCK OPTION AND PERFORMANCE SHARE PLANS
Stock option plans
Plan 9
Plan 11
Plan 12
Plan 13
Plan 14
Plan 15
Plan 17
Grant date
01/7/2004 01/12/2005 01/9/2006 03/24/2006 03/22/2007 05/14/2007 03/28/2008
Expiration date
01/7/2012 01/12/2012 01/9/2013 03/24/2013 03/22/2014 05/14/2014 03/28/2015
Post-demerger exercise price
(in euros)
23.66
21.50
30.60
32.56
45.52
47.56
30.81
Value used for calculating
the contribution sociale surtax
(in euros)
(1)
N/A
N/A
N/A
N/A
N/A
N/A
11.55
Vesting conditions
3 years of
seniority
4 years of
seniority
4 years of
seniority
4 years of
seniority
4 years of
seniority
4 years of
seniority +
performance
conditions
(2)
4 years of
seniority
Number of options granted
at the plan launch
1,990,485 1,750,528 1,840,601 963,293 2,183,901
129,694 2,080,442
Number of options outstanding
at Dec. 31, 2011
829,373
811,284 1,784,420
847,469 1,992,480
85,079 1,919,628
Number of options granted in 2012
-
-
-
-
-
-
-
Number of options exercised in 2012
-
1,358
-
-
-
-
-
Number of options cancelled in 2012 829,373 809,926
3,016
26,847
48,577
-
20,058
NUMBER OF OPTIONS
OUTSTANDINGAT DEC. 31, 2012
-
-
1,781,404
820,622 1,943,903
85,079 1,899,570
Number of options granted in 2013
-
-
-
-
-
-
-
Number of options exercised in 2013
-
-
-
-
-
-
122,545
Number of options cancelled in 2013
-
-
1,781,404 820,622
18,368
-
-
NUMBER OF OPTIONS
OUTSTANDINGAT DEC. 31, 2013
-
-
-
-
1,925,535
85,079 1,777,025
Number of options exercised
since the plan launch
1,070,655
847,971
9,501
3,110
-
-
122,545
Number of options cancelled
since the plan launch
919,830 902,557 1,831,100
960,183 258,366
44,615
180,872
(1) Surtax of 10% for options granted until 2011 and 14% for options granted after 2012.
(2) Performance conditions based on return on capital employed (ROCE) and recurring operating profit after tax.
(3) Performance condition based on Accor’s relative share performance compared with the overall performance of the CAC 40 index for 2010, 2011, 2012 and 2013.
(4) Performance condition based on Accor’sTSR versus theTSR of eight other international hotel groups.
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