SEC Form 20-F - Deutsche Bank Annual Report 2012

Deutsche Bank Additional Notes F-138
Annual Report 2010 on Form 20-F 32 – Share-Based Compensation Plans
Deutsche Bank also had a total conditional capital of € 636,400,000 as of December 31, 2010. Conditional
capital is available for various instruments that may potentially be converted into common shares.
The Annual General Meeting on May 27, 2010 authorized the Management Board to issue, once or more than
once, bearer or registered participatory notes with bearer warrants and/or convertible participatory notes, bonds
with warrants, and/or convertible bonds on or before April 30, 2015. For this purpose, share capital was increased
conditionally by up to € 230,400,000.
Dividends
The following table presents the amount of dividends proposed or declared for the years ended December 31,
2010, 2009 and 2008, respectively.
2010
(proposed) 2009 2008
Cash dividends declared 1 (in € m.) 697 466 309
Cash dividends declared per common share (in €) 0.75 0.75 0.50
1 Cash dividend for 2010 is based on the number of shares issued as of December 31, 2010.
No dividends have been declared since the balance sheet date.
32 –
Share-Based Compensation Plans
Share-Based Compensation Plans used for Granting New Awards in 2010
In 2010, the Group made grants of share-based compensation under the DB Equity Plan. All awards represent
a contingent right to receive Deutsche Bank common shares after a specified period of time. The award recipient
is not entitled to receive dividends before the settlement of the award. The basic terms of the DB Equity Plan
are presented in the table below.
An award, or portions of it, granted under the terms and conditions of the DB Equity Plan may be forfeited fully
or partly if the recipient voluntarily terminates employment before the end of the relevant vesting period. Vesting
usually continues after termination of employment in cases such as redundancy or retirement. Vesting is
accelerated if the recipient’s termination of employment is due to death or disability.
Based on new regulatory requirements the award for selected senior employees comprise an additional
forfeiture rule if employees are in breach of internal policies or law.
In countries where legal or other restrictions hinder the delivery of shares, a cash plan variant of the DB Equity
Plan was used for making awards (as in previous years from 2007 onwards).