CAPGEMINI_REGISTRATION_DOCUMENT_2017
4
FINANCIAL INFORMATION
4.2 Consolidated Financial Statements
{
2014 International Plan
2015 International Plan
Maximum number of shares that may be granted
1,590,639{shares
1,721,759{shares
% of share capital at the date of the Board of Directors’ decision
1%
1%
Total number of shares granted
1,290,500{ (1)
1,068,550{ (1)
Date of Board of Directors’ decision
July{30, 2014
July{29, 2015
Performance assessment dates
Three years for the internal performance condition and two years for the external condition 2{years as from the grant date (France) or four years as from the grant date (other countries)
Three years for the two conditions
Vesting period
2{years and 7{months as from the grant date (France) or 4{years as from the grant date (other countries)
Mandatory lock-in period effective as from the vesting date (France only)
4{years
3{years
Main market conditions at the grant date Volatility ■
26.33%
24.54%
Risk-free interest rate
0.34% -0.81%
0.10% -0.55%
■
Expected dividend rate
2.31%
1.60%
■
Other conditions
Performance conditions
Yes (see below)
■
Employee presence within the Group at the vesting date ■
Yes
Pricing model used to calculate the fair value of shares
Monte Carlo for performance shares with external (market) conditions
Range of fair values (in euros) Free shares (per share and in euros) ■
n/a
n/a
Performance shares (per share and in euros) ■
26.46 – 48.26
61.73 – 82.18
Of which corporate officers
29.32
56.66
Number of shares at December{31, 2016
that may vest under the plan in respect of shares previously granted, subject to conditions (performance and presence) 776,250 1,042,950 o/w to corporate officers - 40,000{ (1)
Change during the period
Number of shares subject to performance and/or presence conditions granted during the year -
-
o/w to corporate officers -
-
Number of shares forfeited or canceled during the year 78,750
87,352
Number of shares vested during the year -
-
Number of shares at December{31, 2017
that may vest under the plan in respect of shares previously granted, subject to conditions (presence only) 697,500{ (2) 955,598{ (4)
Weighted average number of shares
736,875
999,274
Share price at the grant date (in euros)
53.35
87.60
202
REGISTRATION DOCUMENT 2017 — CAPGEMINI
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