Annual Report 2010 - Enel.com

The following table reports developments in the 2008 restricted share units plan.
Number of RSU 2008 plan
RSU outstanding at December 31, 2008
(equal to 100% of the base number of RSU) 1,766,675
RSU lapsed in 2009 11,350
RSU outstanding at December 31, 2009 1,755,325
of which vested at December 31, 2009 887,662
RSU lapsed in 2010 9,648
RSU exercised in 2010 472,588
New RSU granted and vested under the “recovery clause”
(applicable to first 50% of base number of RSU) 77,950
New RSU granted and vested in respect of the remaining 50%
of the base number of RSU 176,667
RSU outstanding at December 31, 2010 1,527,706
of which vested at December 31, 2010 1,527,706
Fair value at the grant date (euro) 3.16
Fair value at December 31, 2010 (euro) 4.47
Expiry of the restricted share units December 2014
44. Compensation of Directors, members of the
Board of Auditors, the General Manager and
managers with strategic responsibilities
The compensation paid to directors, members of the
Board of Auditors, the General Manager and managers
with strategic responsibilities of Enel SpA is summarized
in the following table.
The table has been prepared with regard to the period for
which the position was held on an accruals basis. The information
regarding managers with strategic responsibilities
is provided in aggregate form, pursuant to the provisions
of Article 78 and annex 3C of CONSOB Resolution
no. 11971/1999 (the “Issuers Regulation”).
The directors of Enel SpA have waived all forms of compensation
for positions held in subsidiaries.
A description of the overall compensation of the members
of the Board of Directors, the members of the Board committees,
the Chairman and the Chief Executive Officer/
General Manager is provided in the second section of the
corporate governance report (under “Board of Directors –
Pay”).
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