NATIXIS -2020 Universal Registration Document
5 FINANCIAL DATA
Consolidated financial statements and notes
Short-term cash-settled payment plans indexed to the Natixis share price
Expected number of indexed cash units at the acquisition date
Fair value of the indexed cash unit at the valuation date (in euros)
Rights acquisition date 01/03/2021
Valuation of the indexed cash unit (in euros)
Initial number of indexed cash units granted
Year of plan
Grant date
3.17
3,504,747
3,504,747
3.17
2020 plan
20/01/2021
The expense corresponding to the short-term plan is recorded in full in the financial statements for fiscal year 2020 for an amount of -€11 million compared to -€28 million at December 31, 2019.
Payment plans settled in shares
Fair value of the bonus share at the valuation date (in euros)
Number of units acquired by beneficiaries
Bonus share price at grant date (in euros)
Initial number of shares granted Acquisition date
Year of plan
Grant date
01/02/2019
6.18
3.45
2014 plan
18/02/2015
95,144
Mar-2018 Mar-2019
2015 plan 2016 plan
28/07/2016 28/07/2016
3,081,642
3.43 3.43
2.80 1.62
151,283
01/07/2020
Mar-2019 Mar-2020
2016 plan 2017 plan
10/04/2017 23/05/2017
3,012,307
5.70 6.44
4.28 3.32
79,369
01/05/2021
Mar-2020 Mar-2021 Mar-2021 Mar-2022 Mar-2022 Mar-2023 Mar-2023 Mar-2024
2017 plan
13/04/2018
2,943,516
6.65
5.04
2018 plan
12/04/2019
2,600,406
4.99
3.41
2019 plan
10/04/2020
3,598,832
2.24
1.35
2020 plan
20/01/2021
1,562,732
2.79
2.40
Payments under these plans are subject to a continued servicreequirement and performance criteria.
Expense for the period for retention and performance plans
Expense for 2020
Plans settled in cash indexed to the share price of Natixis or its subsidiaries
Plans settled in shares
Expense for 2019 (in millions of euros)
Total
Expenses (in millions of euros) Previous retention plans
(7.1)
1.0
(6.0) (4.5)
(24.4)
(4.5) (3.4)
(2.9)
Retention plans awarded over the period
TOTAL
(7.1)
(10.5)
(27.3)
Valuation inputs used to calculate the expense of these plans
31/12/2019
31/12/2020
Share price
2.79
3.96
(0.56)%
(0.66)% 12.83%
Risk-free interest rate Dividend payment rate
7.17% 4.55%
Rights loss rate
4.72%
372
NATIXIS UNIVERSAL REGISTRATION DOCUMENT 2020
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