Registration document 2011 - tota - Total.com

5 Corporate
134
governance
Compensation for the administration and management bodies
5.11.2. Follow-up of the global free share plan
2010 Plan 2010 Plan Total
(2+2) (b) (4+0) (c)
Date of the Shareholders’ Meeting 05/16/2008 05/16/2008
Grant date (a) 06/30/2010 06/30/2010
Final grant date 07/01/2012 07/01/2014
Transfer possible from 07/01/2014 07/01/2014
Number of shares
Outstanding as of January 1, 2010
Awarded 1,508,850 1,070,650 2,579,500
Canceled (125) (75) (200)
Finally granted (d) (75) (75)
Outstanding as of January 1, 2011 1,508,650 1,070,575 2,579,225
Awarded - - -
Canceled (29,175) (54,625) (83,800)
Finally granted (d) (475) (425) (900)
Outstanding as of December 31, 2011 1,479,000 1,015,525 2,494,525
(a) The June 30, 2010 grant was decided by the Board of Directors on May 21, 2010.
(b) Vesting period of two years followed by a holding period of 2 years.
(c) Vesting period of four years without a holding period.
(d) Final grant following the death or disability of the beneficiary of the shares.
In case of a final grant of the outstanding shares as of December 31, 2011, the corresponding shares would represent 0.10% (1) of the
Company’s potential share capital as of such date.
5.11.3. Performance share grants to the ten employees
(other than corporate executive officers)
receiving the largest number of performance shares
Number of
performance
shares
granted/finally
awarded
Performance share grants approved by the Board meeting on
September 14, 2011 to the ten TOTAL S.A. employees (other than corporate
executive officers) receiving the largest number of performance shares (a) 91,400 09/14/2011 09/15/2013 09/15/2015
Performance shares finally awarded in 2011 following the performance share plan
approved by the Board meeting on September 15, 2009, to the ten employees
(other than corporate executive officers) at the time of such approval
receiving the largest number of performance shares (b) 20,000 09/15/2009 09/16/2011 09/16/2013
(a) Grant approved by the Board on September 14, 2011. Grants of these performance shares will become final, subject to a performance condition, after a 2-year vesting period
(i.e., on September 15, 2013) (see paragraph 5.6.1 of this Chapter). Moreover, the transfer of the performance shares will not be permitted until the end of a 2-year mandatory holding
period (i.e., on September 15, 2015).
(b) This final grant is subject to a performance condition (see paragraph 5.6.1 of this Chapter). The acquisition rate of the shares awarded, linked to the performance condition, was 100%.
Moreover, the transfer of the performance shares finally awarded will only be permitted after the end of a 2-year mandatory holding period (i.e., from September 16, 2013).
(1) Out of a total potential share capital of 2,408,400,225 shares (see paragraph 1.4 of Chapter 8).
TOTAL. Registration Document 2011
Grant
date
Date of
final grant
(end of
vesting
period)
End of
mandatory
holding
period