sain t-gobain annu al report 2008 annual report

8. Historical information about stock option plans
Date of General Meeting
Date of Board meeting
1999 2000 2001 2002 2003 2004 2005 2006 2007 2008
June 24,
1999
Nov. 18,
1999
June 24,
1999
Mar. 30,
2000
Nov. 16,
2000
June 28,
2001
Nov. 22,
2001
June 28,
2001
Nov. 21,
2002
June 5,
2003
Nov. 20,
2003
June 5,
2003
Nov. 18,
2004
June 9,
2005
Nov. 17,
2005
June 9,
2005
Feb.27,
2006
Nov. 16,
2006
June 7,
2007
Nov. 22,
2007
June 7,
2007
Nov. 20,
2008
Total shares under option 1,750,900 2,716,500 3,774,800 3,785,500 3,717,700 3,881,800 3,922,250 4,025,800 3,673,000 3,551,900
Of which: options granted
to corporate officers
300,000 250,000
M. Jean-Louis BEFFA 100,000 75,000
Starting date
of exercise period
M. Pierre-André
de CHALENDAR
Nov. 18,
2002 or
Nov. 18,
2004
Expiry date of exercise period Nov. 17,
2009
Nov. 16,
2003 or
Nov. 16,
2005
Nov. 15,
2010
Nov. 22,
2004 or
Nov. 22,
2005
Nov. 21,
2011
Nov. 22,
2005 or
Nov. 22,
2006
Nov. 21,
2012
Nov. 21,
2006 or
Nov. 21,
2007
Nov. 20,
2013
Nov. 19,
2007 or
Nov. 19,
2008
Nov. 18,
2014
Nov. 18,
2008 or
Nov. 18,
2009
Nov. 17,
2015
Nov.17,
2009 or
Nov. 17,
2010
Nov. 16,
2016
200,000 175,000
Nov. 23,
2011
Nov. 22,
2017
Nov. 21,
2012
Nov. 20,
2018
Exercise price (1) €40.63 €37.72 €40.22 €23.53 €35.67 €43.56 €45.71 €58.10 €71.56 €28.62
Exercise terms See pages 88 to 89
Number of shares acquired 1,346,776 1,771,940 1,985,996 2,521,675 983,709 170,947 5,000 1,200 0 0
Cumulative number of
cancelled or forfeited options
80,000 78,800 80,000 80,000 58,500 80,000 160,000 50,000 50,000 0
Options outstanding
at Dec. 31, 2008 (1) 324,124 865,760 1,708,804 1,183,825 2,675,491 3,630,853 3,757,250 3,974,600 3,623,000 3,551,900
9a. Options granted to the ten employees who received the greatest number of options
Number of options granted
Unit Price
In 2008 415,000 €28.62
In 2007 485,000 €71.56
9b. Options granted to the ten employees who exercised the greatest number of options
Total number
of options
exercised
Weighted
average
exercise price
O/w options
granted on
Nov. 18,
1999
O/w options
granted on
Nov. 16,
2000
O/w options
granted on
Nov. 22,
2001
O/w options
granted on
Nov. 21,
2002
O/w options
granted on
Nov. 20,
2003
O/w options
granted on
Nov. 18,
2004
In 2008 46,400 €33.09 3,600 19,000 11,800 12,000
In 2007 291,073 €32.00 60,000 50,600 7,500 123,873 49,100 0
MANAGEMENT REPORT
105
10.
Employment contract
(suspended for duration
of term)
Supplementary
pension plan
Termination
benefits
Non-compete
indemnity
Yes No Yes No Yes No Yes Non
Jean-Louis BEFFA
Chairman of the Board
Pierre-André de CHALENDAR
Chief Executive Officer
X X X X
X X X X
(1)
Before adjustment for the rights issue announced on February 19, 2009
Saint-Gobain - 2008 Annual Report