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59 Unilever Annual Report on Form 20-F 1999 Report of the Directors
Remuneration report
All share options are exercisable at a range of dates between 2000 and 2009 (see note 20 on page 81). No options
lapsed unexercised during the year. The market price of the ordinary shares at the end of the year was for NV Fl. 120.78
and US $ 54.44 and for PLC 456p and US $ 7.56, and the range during the year was between Fl. 107.98 and
Fl. 163.07 and US $ 49.50 and US $ 88.25, and between 401p and 695p and US $ 6.45 and US $ 11.67 respectively.
Options outstanding above and below the market prices at 31 December 1999 are set out in the table on page 58.
Notes:
1 1 1 1 1 0 0 1 1 1 1 1 1 0 1 1 1 0 0 1 1 1 1 1 1 0
Number Market price
of Exercise at date of
Note shares price exercise
0111 111011 11100 11100
(1) On election as a director
(2) all Fl. 139.95
(3) all Fl. 140.27
(4) all 555p
(5) all 514p
(6) 6 252 Fl. 48.00 Fl. 138.37
(7) 1 876 Fl. 48.00 Fl. 138.35
9 648 Fl. 48.70 Fl. 138.35
(8) 1 876 Fl. 48.00 Fl. 138.35
4 312 Fl. 48.70 Fl. 138.35
4 772 Fl. 50.30 Fl. 140.49
(9) On date of retirement
1 1 1 1 1 0 0 1 1 1 1 1 1 0 1 1 1 0 0 1 1 1 1 1 1 0
The exercise of all options under the NV Executive Share Option Scheme and North American Executive Stock Option
Plan have always been satisfied by the transfer of shares purchased in the market at the time of the grant and held until
exercise. The same practice has been adopted in respect of the PLC 1985 Sharesave and Executive Share Option
Schemes for grants made from 1990 onwards and in respect of the NV Employee Share Option Scheme and the North
American Employee Stock Purchase Plan from their inceptions during 1995. The Board has continued the same practice
with the Unilever PLC International 1997 Executive Share Option Scheme. During 1999, 2 803 641 NV shares and 17
732 079 PLC shares were purchased in the market in respect of options granted under these schemes, and 782 480 NV
shares and 6 558 181 PLC shares to bring the number of shares back to the level before the share consolidation.