Atos - Registration Document 2016
E Financial E.4
Consolidated financial statements
Free shares plans In July 2016, the Group implemented a new free shares plan detailed as follows:
Vesting Date
26 July 2019
Number of shares granted Share price at grant date (€)
947,884
86.05
Expected life Lock-up period
3 years
-
Risk free interest rate (%) Borrowing-lending spread (%) Expected dividend yield (%) Expected employee turnover Fair value of the instrument (€)
-0,047
4.0 1.2
5% per year
83.00
Expense recognized in 2016 (in € million)
6.2
following: The total expense within the heading “other operating income and expense” relating to free share plans during the year was the
December 31, 2015 12months ended
December 31, 2016 12months ended
(In € million)
Plans 2016 Plans 2015 Plans 2014 Plans 2013 Plan 2012 Plan 2011
6.2
-
11.0 14.9
4.6 9.0
4.3
10.9
-
0.1 1.5
0.3
TOTAL
36.7
26.1
The change in outstanding share options for Atos SE during the period was the following:
2016 12months endedDecember 31,
12months ended December 31, 2015
Weighted
price (in €) average strike Weighted
shares Number of
price (in €) average strike
shares Number of
Outstanding at the beginning of the year
1,294,524
40.0 2,806,747 35.1 -1,399,483
39.5 40.7 50.0
Exercised during the year Expired during the year
-496,607 -149,288 648,629
60.0
-112,740
Outstanding at the end of the year below year-end stock price* Exercisable at the end of the year,
34.1 1,294,524
40
648,629
34.1 1,294,524
40
Year-end stock price: € 100.25 at December 31, 2016 and € 77.40 at December 31, 2015. *
Such options are fully vested. Atos SE options outstanding at the end of the year have a weighted average remaining contractual life of 2.3 years (2015: 2.8 years). Employee share purchase plans Employee Share Purchase Plan “SPRINT” 2016 (Atos) 20% discount application). 294,965 shares at a reference share price of € 95.00 (before the As a consequence of the SPRINT 2016 plan, the Group issued The cost related to SPRINT 2016 takes into account the effect of
share option plan called Sprint detailed as follows: In December 2016, the Group implemented a new employee attribution of free shares for the first 3 subscribed shares. 20% discount with a five-year lock-up period restriction and the new plan offered eligible employees the purchase of shares at a SPRINT 2016 was open to employees throughout the Group. This
following parameters: the five-year lock-up period restriction calculated based on the
risk free interest rate: 0.11%; • borrowing-lending spread: 5.0%. •
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