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REGISTRATION DOCUMENT AND FINANCIAL REPORT - Iliad

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17. EMPLOYEES<br />

17.2 STOCK OPTIONS <strong>AND</strong> FOUNDERS’ WARRANTS GRANTED BY THE COMPANY, EXERCISED OR HELD DURING THE FISCAL YEAR<br />

ENDED DECEMBER 31, 2007<br />

17.2.3 Stock options held<br />

The following table sets out the main characteristics of the stock options granted to the ten employees of the<br />

Group (other than senior managers) who hold the largest number of options.<br />

January 20, 2004 plan<br />

The ten Group employees granted<br />

the highest number of options<br />

December 20, 2005 plan<br />

The ten Group employees granted<br />

the highest number of options<br />

December 20, 2005 plan<br />

The ten Group employees granted<br />

the highest number of options<br />

August 30, 2007 plan<br />

The ten Group employees granted<br />

the highest number of options<br />

August 30, 2007 plan<br />

The ten Group employees granted<br />

the highest number of options<br />

Number of options<br />

17.3 FOUNDERS’ WARRANTS ISSUED BY FREE<br />

Exercise<br />

period 28<br />

270,643 From Jan. 20, 2008<br />

to Jan. 19, 2014<br />

20,164 From Dec. 20, 2009<br />

to Dec. 19, 2015<br />

20,164 From Dec. 20, 2010<br />

to Dec. 19, 2015<br />

162,455 From Aug. 30, 2012<br />

to Aug. 30, 2017<br />

176,288 From Aug. 30, 2012<br />

to August 30, 2017<br />

There are no outstanding founders’ warrants issued by the Company.<br />

17.4 EMPLOYEE PROFIT-SHARING<br />

Not applicable.<br />

28 Except if the beneficiary leaves the Company.<br />

102 - <strong>Iliad</strong> – Registration Document 2007<br />

New shares to be<br />

issued on exercise<br />

of options<br />

Exercise price<br />

(in €)<br />

270,643 16.30<br />

20,164 48.44<br />

20,164 48.44<br />

162,455 68.17<br />

176,288 68.17

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