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Annual Report 2011 (5.07 MB, PDF-File) - Oerlikon

Annual Report 2011 (5.07 MB, PDF-File) - Oerlikon

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82<br />

Share options<br />

Letter Information for Investors Operational Review Sustainability Compliance Corporate Governance<br />

Stock Options<br />

In previous years, employees could receive a portion of their compensation as options<br />

for OC <strong>Oerlikon</strong> Corporation AG, Pfäffikon with a blocking period of one, two, three or<br />

four years. Holders are entitled to purchase one share for each option held. The value<br />

per year end is based on a Black-Scholes valuation including a weighted average<br />

share price of CHF 75. No options have been granted since 2008.<br />

Year of Outstanding Granted Forfeited Exercised Outstanding Exercise price<br />

Expenses for<br />

the period in<br />

allocation on 1.1 in <strong>2011</strong> in <strong>2011</strong> in <strong>2011</strong> on 31.12 in CHF CHF million Exercise period<br />

2007 9 282 – – – 9 282 80 – 01.01.08 – 31.12.13<br />

9 282 – – – 9 282 80 – 01.01.09 – 31.12.13<br />

9 282 – – – 9 282 80 – 01.01.10 – 31.12.13<br />

9 282 – – – 9 282 80 – 01.01.11 – 31.12.13<br />

Total 37 128 – – – 37 128 –

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