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LISI 2016 FINANCIAL REPORT
137
The remuneration presented correspond to all those that have been
paid by LISI, no remuneration was paid by its subsidiaries or the control
company CID.
LISI S.A. has not committed itself to these corporate officers to pay
compensation, indemnities, or benefits, due or likely to be due as a
result of such corporate officers taking on, resigning from, or changing
functions.
2.5.4
I
Benefits in kind granted to the managers
In 2016, Gilles Kohler, Emmanuel Viellard et Jean-Philippe Kohler
benefited from a company car.
2.5.5
I
Stock subscription or purchase options allocated
during the period to each corporate officer manager
No stock subscription or purchase options were allocated during
financial year 2016.
2.5.6
I
Stock subscription or purchase options exercised
during the period by each corporate officer manager
In 2016, the corporate officers did not exercise any options.
2.5.7
I
Performance shares allocated to each corporate officer manager
The allocated plans outstanding at December 31, 2016 are listed in the following table:
Performance shares granted by
the Shareholders’ General Meeting during
the financial year, to each corporate
officer, by the issuer and for all Group
companies
Plan number
and date
Number
of shares
awarded
during the
financial
year *
Valuation
of shares in
accordance
with the
method
used for the
consolidated
financial
statements
(in euros)
Acquisition
date
Date of
availability
Minimum
performance
conditions required
to achieve 50%
allocation
Gilles KOHLER
Function:
Chairman of the Board of Directors
No. 11
Date:
10/23/2014
6,000
115,020
Feb 2017
Feb 2019
Plan No. 11 NAV (Net Asset Value) of at least €1,100 million
Plan No. 12 NAV (Net Asset Value) of at least €1,328 million
Plan No. 13 NAV (Net Asset Value) of at least €1,416 million
No. 12
Date:
12/17/2015
5,030
123,889
Feb 2018
Feb 2018
No. 13
Date:
12/20/2016
None
None
TOTAL
11,030
238,909
Emmanuel VIELLARD
Function:
CEO
No. 11
Date:
10/23/2014
5,850
112,145
Feb 2017
Feb 2019
No. 12
Date:
12/17/2015
5,030
96,633
Feb 2018
Feb 2018
No. 13
Date:
12/20/2016
5,000
146,225
Feb 2019
Feb 2019
TOTAL
15,880
355,003
Jean-Philippe KOHLER
Function:
Deputy CEO
No. 11
Date:
10/23/2014
5,850
99,684
Feb 2017
Feb 2019
No. 12
Date:
12/17/2015
5,030
123,889
Feb 2018
Feb 2018
No. 13
Date:
12/20/2016
5,000
146,225
Feb 2019
Feb 2019
TOTAL
15,880
369,798
* takes account of the 1:5 stock split
At its meeting of December 17, 2015, the Board decided to unconditionally award 5,030 shares to Gilles Kohler, pursuant to the termination of
his office as CEO.
Information regarding the company and corporate governance
7