2007 Reference document (PDF) - Valeo

Exercise date and conditions Nbre d’options
Start of exercise period Expiry date
Options
outstanding
at 12/31/2006
Options
exercised
in 2007
Options
exercised at
12/31/2007
(aggregate)
Information on the Company and its capital
General information about the Company’s capital
Options
cancelled
in 2007
Options
cancelled at
12/31/2007
(aggregate)
Options
outstanding
at 12/31/2007
Number of
shares to be
subscribed
or purchased
2007 Reference document - VALEO
Residual
grantees
50%-2years; 100%-3 years 10/16/2006 0 0 0 0
10/16/2006 0 0 0 0
10/16/2008 415,500
4,173
0 0 26,000
260
287,625
4,374
389,500
3,913
393,413 116
100% immediately 03/20/2009 80,000 0 0 0 0 80,000 80,800 2
50% immediately; 50%
conditional
12/06/2009 300,000
3,000
50%-2 years; 100%-3 years 12/09/2009 298,800
3,008
50%-2 years; 100%-3 years 06/30/2010 238,800
2,388
50%-2 years; 100%-3 years 11/24/2010 349,750
3,498
50%-2 years; 100%-3 years 03/30/2011 501,750
5,067
50%-2 years; 100%-3 years 11/05/2011 573,953
6,320
50%-2 years; 100%-3 years 11/07/2012 947,760
9,483
3,706,313
37,737
50%-2 years; 100%-3 years 11/05/2011 367,697
3,760
50%-2 years; 100%-3 years 11/07/2012 237,890
2,480
800 800
221,040
2,211
246,790
2,492
91,508
924
63,400
635
622,738
6,262
57,694
590
14,075
188
0 0 0 300,000 300,000
3,000
0 0 27,750
281
0 0 28,000
280
274,790
2,596
309,915
2,987
91,508
924
67,200
673
743,413
7,180
57,694
590
14,075
188
13,000
130
19,540
200
46,107
519
82,600
827
242,997
2,497
29,543
303
21,675
232
171,825
728
209,200
616
209,500
815
154,665
660
252,154
1,384
254,240
1,988
1,8 39,209
10,565
161,846
806
64,585
539
271,050
2,727
210,800
2,108
115,710
1,157
235,420
2,375
436,338
4,877
801,760
8,021
2,840,578
28,978
280,460
2,867
202,140
2,060
303,000 5
273,777 119
212,908 419
116,867 48
237,795 243
441,215 520
809,781 788
2,869,556
283,327 520
204,200 788
50%-2 years; 100%-3 years 11/16/2013 596,380 465 465 78,220 131,840 517,695 517,695 903
50%-2 years; 100%-3 years 03/02/2014 187,000 0 0 0 0 187,000 187,000 2
50%-2 years; 100%-3 years 11/19/2014 1,309,250 0 0 181,500 181,500 1,127,750 1,127,750 1,174
50%-2 years; 100%-3 years 03/06/2015 0 0 0 0 0 250,000 250,000 2
100% – 3 years 11/14/2015 0 0 0 0 0 1,677,000 1,677,000 1,330
2,698,217 72,234 72,234 310,938 539,771 4,242,045 4,246,972
6,240 778 778 535 1,345
4,927
6,404,530 694,972 815,647 553,935 2,3 78,980 7,082,623 7,116,528
Vesting period: 2 years 3 mths
50% cond. (1/2 based on 2006
perf.; 1/2 based on 2007 perf * )
- 541,870 0 0 309,735 367,865 232,135 232,135 903
Vesting period: 2 years 3 mths
50% cond. (1/2 based on 2006
perf.; 1/2 based on 2007 perf. * )
- 63,000 0 0 36,500 36,500 26,500 26,500 2
Vesting period: 3 years - 100,000 0 0 11,000 11,000 89,000 89,000 105
Vesting period: 3 years - 0 0 0 3,750 3,750 96,250 96,250 151
704,870 0 0 360,985 419,115 443,885 443,885
7,109,400 694,972 815,647 914,920 2,7 98,095 7,526,508 7,560,413
* 2006 performance: the Group’s consolidated operating margin before non-recurring expenses as a % of total operating revenues > 4.5%.
2006 performance: the Group’s consolidated operating margin before non-recurring expenses as a % of total operating revenues > 5%.
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