2006 - Interparfums
2006 - Interparfums
2006 - Interparfums
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5.<br />
special report of the board of directors<br />
on stock options<br />
In compliance with article L. 225-184 of the French Commercial Code, this report is produced by the Board of Directors to<br />
inform the combined shareholders' meeting of April 20, 2007 of transactions carried out in fiscal <strong>2006</strong> by virtue of the provisions<br />
under articles L.225-177 to L. 225-186 of said code.<br />
1.<br />
Options granted and exercised by each corporate officer of the company in <strong>2006</strong><br />
IPSA options granted during the period to officers (plan of June 1, <strong>2006</strong>)<br />
Number of shares Subscription price Expiration date<br />
granted/exercised (1)<br />
Philippe Benacin<br />
Chief Executive Officer - Director 11,000 €31.80 06/01/2012<br />
Jean Madar<br />
Director 11,000 €31.80 06/01/2012<br />
Frédéric Garcia-Pelayo (2)<br />
Executive Vice President 11,000 €31.80 06/01/2012<br />
Philippe Santi (3)<br />
Executive Vice President - Director 6,600 €31.80 06/01/2012<br />
Catherine Bénard-Lotz (4)<br />
Director 2,200 €31.80 06/01/2012<br />
IP Inc options granted during the period to officers (plan of December 15, <strong>2006</strong>)<br />
Philippe Benacin 40,000 $19.66 12/14/2012<br />
Jean Madar 40,000 $19.66 12/14/2012<br />
Frédéric Garcia-Pelayo (2) 5,000 $19.66 12/14/2012<br />
Philippe Santi (3) 5,000 $19.66 12/14/2012<br />
IPSA options exercised in the period by officers<br />
Philippe Benacin<br />
Plan of August 26, 2002 12,290 €11.10 08/26/2009<br />
Jean Madar<br />
Plan of March 24, 2000 17,577 €13.80 03/24/2007<br />
Plan of April 27, 2001 19,110 €19.30 04/26/2008<br />
Plan of August 26, 2002 17,303 €11.10 08/26/2009<br />
Frédéric Garcia-Pelayo<br />
Plan of March 24, 2000 763 €13.80 03/24/2007<br />
Plan of 27 April 2001 5,000 €19.30 04/26/2008<br />
Philippe Santi<br />
Plan of April 27, 2001 9,226 €19.30 04/26/2008<br />
Catherine Bénard-Lotz<br />
Plan of March 24, 2000 2,636 €13.80 03/24/2007<br />
Plan of August 26, 2002 2,396 €11.10 08/26/2009<br />
Options IP Inc exercised in the period by officers<br />
Philippe Benacin 50,000 $8.03 12/19/2007<br />
Jean Madar 50,000 $8.03 12/19/2007<br />
(1) number adjusted for the grant of bonus shares (1 for 10) of June 15, <strong>2006</strong>.<br />
(2) options granted in connection with his position as Chief International Officer.<br />
(3) options granted in connection with his position as Director of Finance and Corporate affairs.<br />
(4) options granted in connection with her position as Chief Legal Officer.<br />
<strong>2006</strong> annual report inter parfums<br />
corporate governance