BIC_REGISTRATION_DOCUMENT_2017
CORPORATE GOVERNANCE Corporate Officers’ compensation
Allocation of stock options 3.2.2.6. As part of a policy recommended by the Compensation Committee, from 2011, the Board decided to no longer award stock options and to replace them with free share grants. To the best of the Company’s knowledge, no hedging instrument has been put in place by the four Corporate Officers previously holding stock options (Mario Guevara, Gonzalve Bich, James DiPietro and Marie-Aimée Bich-Dufour).
The dilutive impact of the previous stock option grants is reported in Note 8 to the consolidated financial statements. A table that summarizes all stock option plans is included in Note 23 to the consolidated financial statements. All the Corporate Officers complied with the blackout periods preceding the publication of annual and interim financial statements.
TABLE D – STOCK OPTIONS AWARDED DURING FISCAL YEAR 2017 TO EACH EXECUTIVE CORPORATE OFFICER (Table 4 following the format of French Financial Markets Authority Position-Recommendation No. 2009-16)
Valuation of the options according to the method used for the consolidated financial statements (in euros)
Number of options awarded during the fiscal year
Number and date of the plan
Nature of the options (purchase or subscription)
Options awarded to each Executive Corporate Officer by the issuer and by any company of the Group (nominative list)
Exercise price (in euros)
Exercise period
N/A
-
-
-
-
-
-
STOCK OPTIONS AWARDED DURING FISCAL YEAR 2016 TO EACH EXECUTIVE CORPORATE OFFICER
Valuation of the options according to the method used for the consolidated financial statements (in euros)
Number of options awarded during the fiscal year
Number and date of the plan
Nature of the options (purchase or subscription)
Options awarded to each Executive Corporate Officer by the issuer and by any company of the Group (nominative list)
Exercise price (in euros)
Exercise period
N/A
-
-
-
-
-
-
TABLE E – STOCK OPTIONS EXERCISED DURING FISCAL YEAR 2017 BY EACH EXECUTIVE CORPORATE OFFICER (Table 5 following the format of French Financial Markets Authority Position-Recommendation No. 2009-16)
Number of options exercised during the fiscal year
Options exercised by Executive Corporate Officers (nominative list)
Number and date of the plan
Exercise price (in euros)
Award year
N/A
-
-
-
-
STOCK OPTIONS EXERCISED DURING FISCAL YEAR 2016 BY EACH EXECUTIVE CORPORATE OFFICER
Number of options exercised during the fiscal year
Options exercised by Executive Corporate Officers (nominative list)
Number and date of the plan
Exercise price (in euros)
Award year
N/A
-
-
-
-
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BIC GROUP - 2017 REGISTRATION DOCUMENT
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