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2012 Registration document and annual financial report - BNP Paribas

2012 Registration document and annual financial report - BNP Paribas

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CONSOLIDATED FINANCIAL STATEMENTS - YEAR ENDED 31 DECEMBER <strong>2012</strong>Notes to the <strong>financial</strong> statements4History of plans granted under the Global Share-Based Incentive PlanThe tables below give details of the characteristics <strong>and</strong> terms of all unexpired plans at 31 December <strong>2012</strong>:➤ STOCK SUBSCRIPTION OPTION PLANSCharacteristics of the planOriginatingcompanyDate of grantNumber ofgranteesNumberof optionsgrantedStart dateof exerciseperiodOption expirydateAdjustedexerciseprice(in euros) (1)Number ofoptions (1)Options outst<strong>and</strong>ingat end of periodRemainingperiod untilexpiry ofoptions(years)BNL (3) 20/10/2000 161 504,926 20/10/2003 20/10/2013 100.997 435,166 0.8BNL (3) 26/10/2001 223 573,250 26/10/2004 26/10/2014 61.888 4,856 1.8<strong>BNP</strong> <strong>Paribas</strong> SA (2) 21/03/2003 1,302 6,693,000 21/03/2007 20/03/2013 35.87 2,077,347 0.2<strong>BNP</strong> <strong>Paribas</strong> SA (2) 24/03/2004 1,458 1,779,850 24/03/2008 21/03/2014 48.15 1,252,760 1.2<strong>BNP</strong> <strong>Paribas</strong> SA (2) 25/03/2005 2,380 4,332,550 25/03/2009 22/03/2013 53.28 3,932,248 0.2<strong>BNP</strong> <strong>Paribas</strong> SA (2) 05/04/2006 2,583 3,894,770 06/04/2010 04/04/2014 73.40 3,483,945 1.3<strong>BNP</strong> <strong>Paribas</strong> SA (2) 08/03/2007 2,023 3,630,165 08/03/2011 06/03/2015 80.66 3,315,460 2.2<strong>BNP</strong> <strong>Paribas</strong> SA (2) 06/04/2007 219 405,680 06/04/2011 03/04/2015 76.57 371,008 2.3<strong>BNP</strong> <strong>Paribas</strong> SA (2) 18/04/2008 2,402 3,985,590 18/04/<strong>2012</strong> 15/04/2016 64.47 3,732,876 3.3<strong>BNP</strong> <strong>Paribas</strong> SA (2) 06/04/2009 1,397 2,376,600 08/04/2013 05/04/2017 35.11 2,282,515 4.3<strong>BNP</strong> <strong>Paribas</strong> SA (2) 05/03/2010 1,820 2,423,700 05/03/2014 02/03/2018 51.20 2,323,340 5.2<strong>BNP</strong> <strong>Paribas</strong> SA (2) 04/03/2011 1,915 2,296,820 04/03/2015 04/03/2019 56.45 2,246,700 6.2TOTAL OPTIONS OUTSANDING AT END OF PERIOD 25,458,221(1) The number of options <strong>and</strong> the exercise price have been adjusted, where appropriate, for the two-for-one <strong>BNP</strong> <strong>Paribas</strong> share split that took placeon 20 February 2002, <strong>and</strong> the detachment of the pre-emptive subscription rights on 7 March 2006 <strong>and</strong> 30 September 2009, in accordance with theregulations in force.(2) The plan is subject to vesting conditions under which a proportion of the options granted to employees is conditional upon the performance ofthe <strong>BNP</strong> <strong>Paribas</strong> share relative to the Dow Jones Euro Stoxx Bank index during the applicable holding period.Based on this relative performance condition, the adjusted exercise price for these options has been set at:- EUR 37.67 for 274, 161 options under the 21 March 2003 plan, outst<strong>and</strong>ing at the year-end- EUR 50.55 for 3, 080 options under the 24 March 2004 plan, outst<strong>and</strong>ing at the year-end- EUR 55.99 for 169, 863 options under the 25 March 2005 plan, outst<strong>and</strong>ing at the year-end- EUR 77.06 for 155, 263 options under the 5 April 2006 plan, outst<strong>and</strong>ing at the year-end(3) Following the merger between BNL <strong>and</strong> <strong>BNP</strong> <strong>Paribas</strong> on 1 October 2007, stock option plans granted by BNL between 1999 <strong>and</strong> 2001 entitle beneficiariesto subscribe to <strong>BNP</strong> <strong>Paribas</strong> shares as of the date of the merger. Beneficiaries may subscribe to the shares based on a ratio of 1 <strong>BNP</strong> <strong>Paribas</strong> share for27 BNL shares. The exercise price has been adjusted in line with this ratio .4<strong>2012</strong> <strong>Registration</strong> <strong>document</strong> <strong>and</strong> <strong>annual</strong> <strong>financial</strong> <strong>report</strong> - <strong>BNP</strong> PARIBAS 175

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