Daimler Annual Report 2011 - Alle jaarverslagen

7 | Consolidated Financial Statements | Notes to the Consolidated Financial Statements
Table 7.47 includes an analysis of the stock options issued
to the current members of the Board of Management.
The members of the Board of Management Dr. Wolfgang
Bernhard and Dr. Christine Hohmann-Dennhardt had no exercisable
or outstanding option rights, neither in 2011 nor in
the prior year.
With regard to the figures shown in table 7.47, it has to
be considered that benefits from the stock option plans only
arise if the Daimler share price exceeds the hurdle which has
been individually defined for each stock option plan and if the
owner of the stock options realizes an exercise. As variable
compensation, only the difference between the reference and
exercise price of the respective stock option plan is paid out.
The following average exercise price is only a statistical factor,
which results from the weighted average of the exercise
prices shown in the table for the basic terms of the SOP. The
sum of rights shown here is calculated from the addition
of the different amounts of options that were granted in the
years 2000 to 2004.
7.47
Analysis of the stock options issued to the current members of the Board of Management
Dr. Dieter Zetsche
Number of
stock options
in millions
2011
Average
exercise price
euros per share
Number of
stock options
in millions
2010
Average
exercise price
euros per share
Balance at beginning of year 0.6 49.04 1.0 52.99
Exercised – - -0.3 51.52
Disposals/Forfeited -0.2 66.96 -0.1 74.76
Outstanding at year-end 0.4 37.84 0.6 49.04
Exercisable at year-end 0.4 37.84 0.6 49.04
Weighted maturity 1.4 years 1.5 years
Wilfried Porth
2011
Number of Average
stock options exercise price
in millions 1 euros per share
2010
Number of Average
stock options exercise price
in millions 1 euros per share
Balance at beginning of year . 66.96 . 65.40
Exercised – – . 51.52
Disposals/Forfeited . 66.96 . 74.76
Outstanding at year-end – – . 66.96
Exercisable at year-end – – . 66.96
Weighted maturity – 0.3 years
1 For number of stock options partially no disclosure due to rounding.
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