Financial Statements - Geberit

Management stock ownership plan 2000
Option plan 2000 type A
Option plan 2000 type B
Total
Each of the shares purchased in connection with the Management stock
ownership plan 2000 provided the participants with one option to purchase
an additional share. The options can be exercised after a blocking period of
two years at the price at which the underlying shares were allocated. They
lapse if not exercised after five years from grant date.
In connection with an additional option plan (“Option plan 2000”), the topmanagement
of the Group was entitled to additional options. The exercise of
these options is subject to knock-in clauses that must be fulfilled at the end
of the blocking period. The options will lapse if the conditions of the knockin
clauses are not fulfilled.
The following is a summary of the options allocated and outstanding in 2000:
End of
blocking
period
2002
2002
2004
Maturity
2005
2005
2005
The following table summarises all option plans in place as of
31 December 2000:
End of
blocking
period
Maturity
67
Number of
participants
69
49
49
Number of
options
outstanding
2001 2004 31 905
2002 2004–2005 41 709
2003 2004 31 905
2004 2005 6 445
Total
111 964
•Considering knock-in clauses
Number of
options
outstanding
3 359
6 445
6 445
16 249
Average
exercise
price
chf
330.0
398.0
363.0
595.0
380.0
Exercise
price
chf
555
568
595
Number of
options
in the
money•
31 905
31 905
31 905
95 715
Knock-In: 595
Knock-In: 649
Average
exercise
price
chf
330.0
346.5
363.0
346.5