technicolor - 2019 Universal registration document
FINANCIAL STATEMENTS EMPLOYEES BENEFITS
The details of these options and shares are disclosed hereafter.
Number of instruments initially granted
Number of instruments outstanding
Initial number of beneficiaries
Contractual instrument life Exercise price (1)
Estimated fair values granted (1)
Type of plan
Grant date
Vesting date
May 2015 (50%) May 2016 (25%) May 2017 (25%) May 2015 (50%) May 2016 (25%) May 2017 (25%) May 2015 (50%) May 2016 (25%) May 2017 (25%) June 2016 (50%) June 2017 (25%) June 2018 (25%) October 2017 (25%) October 2018 (25%) October 2016 (50%) October 2017 (25%) October 2018 (25%) October 2016 (50%)
Subscription options
May 23, 2013 and June 7, 2013
MIP 2015 Options*
16,398,000
5,998,141
94
8 years
€3.19
€1.06
Subscription options
October 24, 2013
MIP 2015 Options*
200,000
103,794
1
8 years
€3.93
€1.40
Subscription
MIP 2015 Options*
options March 26, 2014
215,000
67,466
2
8 years
€4.53
€1.73
Subscription options
MIP 2016 Options*
June 20, 2014
2,830,000
1,642,545
40
8 years
€5.79
€1.82
Subscription options
October 21, 2014
MIP 2016 Options*
1,915,000
1,128,764
24
8 years
€4.92
€1.45
Subscription options
MIP 2016 Options*
April 9, 2015
400,000
415,176
1
8 years
€5.83
€1.88
June 2017 (50%) June 2018 (25%) June 2019 (25%)
Subscription options
MIP June 2017 Options*
June 26, 2015
250,000
77,845
2
8 years
€5.88
€1.91
October 2017 (50%) October 2018 (25%) October 2019 (25%)
MIP October 2017 Options*
Subscription options Performance shares Performance shares Performance shares Performance Performance shares Performance shares Performance shares Performance shares Performance shares Performance shares Performance shares Performance shares
December 3, 2015
1,710,000
420,000
22
8 years
€7.11
€2.27
2016 LTIP**
April 29, 2016
2,760,500
-
187
April 2019
-
-
€5.69
2016 LTIP**
July 27, 2016 October 20, 2016
66,000
-
12
April 2019
-
-
€5.47
2016 LTIP**
214,000
-
18
April 2019
-
-
€5.14
2017 LTIP**
shares January 6, 2017
162,000
125,643
10
April 2020
-
-
€3.78
2017 LTIP**
March 9, 2017
4,003,000
2,850,841
218
April 2020
-
-
€3.78
2017 LTIP**
April 26, 2017
200,000
200,000
1
April 2020
-
-
€4.33
2017 LTIP**
July 26, 2017
142,500
85,236
15
April 2020
-
-
€3.38
2018 LTIP**
April 25, 2018
307,000
300,000
2
April 2021
-
-
€1.27
2018 LTIP**
June 25, 2018
330,000
300,000
12
April 2021
-
-
€1.27
6
2019 LTIP**
June 14, 2019
200,000
200,000
1
June 2022
-
-
€0.77
2019 LTIP**
July 24, 2019 November 5, 2019
2,383,000
2,335,306
175
June 2022
-
-
€0.77
2019 LTIP**
74,000
74,000
4
June 2022
-
-
€0.77
Management Incentive Plans (MIP) (see description above). * Long-Term Incentive Plan (LTIP) (see description above). ** Exercise prices and number of options outstanding were modified following the 2015 capital increases. (1)
The exercise prices of the various plans were set without the application of a discount. In accordance with Article L. 225-184 of the French Commercial Code: In 2019 and 2018, no options were exercised. •
TECHNICOLOR UNIVERSAL REGISTRATION DOCUMENT 2019 283
Made with FlippingBook Learn more on our blog