BPCE_REGISTRATION_DOCUMENT_2017
5 FINANCIAL REPORT
IFRS Consolidated Financial Statements of BPCE SA group as at December 31, 2017
Share-based payment plans Payments under these plans are subject to presence and performance criteria.
Fair value of bonus share at valuation date (in euros)
Number of shares granted at inception Vesting date
Number of units vested by beneficiaries
Bonus share price at grant date (in euros)
Year of plan 2013 plan 2014 plan
Grant date
07/31/2014 02/18/2015
31,955
July 2018
4.83 6.18
4.02 3.45
95,144 February 2019
March 2018 March 2019
2015 plan 2016 plan
07/28/2016 3,081,642
3.43 3.43
2.80 1.62
07/28/2016
151,283
July 2020
March 2019 March 2020
2016 plan 2017 plan
04/10/2017 3,012,307
4.28 6.44
4.43 3.32
05/23/2017
79,369 May 2021
March 2020 March 2021
2017 plan
02/23/2018 2,765,576
7.06
5.34
Expense for the period for loyalty and performance plans
Fiscal year 2017
Plans settled in cash indexed to Natixis shares
Plans settled in shares
Total
Fiscal year 2016
in millions of euros
Previousloyalty plans
(9)
(22)
(31)
(15)
Loyaltyplans from thefiscal year
(6)
(6)
(7)
TOTAL
(9)
(28)
(37)
(22)
Valuation inputs used to assess the expense relative to these plans
12/31/2017
12/31/2016
Share price
6.60
5.36
Risk-freeinterestrate Dividend pay-outratio
(0.67%) 6.57% 3.90%
0.00% 6.09% 4.25%
Loss ofrights rate
432
Registration document 2017
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