LISI GROUP - 2017 Financial report

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INFORMATION REGARDING THE COMPANY AND CORPORATE GOVERNANCE
7
As far as the corporate officers are concerned, the Board of Directors
decided that:
– – the corporate officers shall retain 20%of any free shares whichmay
have been allocated to them, i.e. 920 shares, registered in their own
name, and until the termination of their employment.
c) Information on the award of performance shares as at December 31,
2017
The following table details the award of performance shares
outstanding as at December 31, 2017:
Number
Options outstanding at year start 473,210
Options allocated during the period 154,660
Options cancelled during the period (34,424)
Options exercised during the year (139,146)
Options that reached maturity during the period 0
Options outstanding at year end 454,300
Options granted to date were taken from treasury shares without giving rise to the issue of new shares.
The following table presents the breakdown by date of allocation of stock options outstanding as at December 31, 2017:
ALLOTMENT DATE OF OPTIONS
Exercise price
(in euros)
Number of options outstanding
at December 31, 2017 Residual contractual term
12/17/2015 None 124,170 February 2018
12/17/2015 None 5,030 February 2018
12/20/2016 None 170,440 February 2019
12/13/2017 None 154,660 February 2020
TOTAL 454,300
d) Plans in place as at December 31, 2017:
Date of
Shareholders’General MeetingBoard of Directors
Meeting
Category Plan
number
Number of shares
assigned
Of which corporate
officers
Of which membersof the Management
Committee
Of which 10 top
employees
Residual numberof beneficiariesExercise periodSubscription orpurchase price
Options exercised
at 1/1/2017
Options exercised
in 2017
Options cancelledOptions remaining
at 12/31/2017
Authorization of 12.17.2015
12.17.2015 G
Plan No. 12 137,770 5,030 25,600 31,775 146 * None 0 0 13,600 124,170
12.17.2015
G
Plan
No. 12 B
5,030 5,030 0 0 1 * None 0 0 0 5,030
Authorization of 12.20.2016
12.20.2016 G
Plan No. 13
185,260 10,000 25,600 20,350 233 ** None 0 0 14,820 170,440
Authorization of 12.13.2017
12.13.2017
G
Plan No. 14 154,660 9,200 24,950 23,350 230 *** None 0 0 0 154,660
G = free.
* Beginning on the date of the Board of Directors meeting that approves the 2017 results (February 2018).
** Beginning on the date of the Board of Directors meeting that approves the 2018 results (February 2019).
*** Beginning on the date of the Board of Directors meeting that approves the 2019 results (February 2020).
LISI 2017 FINANCIAL REPORT