Airbus 2015 Annual Report Download - page 177

AIRBUS GROUP REGISTRATION DOCUMENT 2015 l 145 l
Corporate Governance
Registration Document 2015
4.
4.3 Employee Profit Sharing andIncentivePlans
Sixteenth tranche
Date of Board of Directors meeting (grant date) 13November 2014
Performance and Restricted Unit plan
Performance Units Restricted Units
Number of units granted(1) 1,109,650 290,840
Number of units outstanding 1,109,650 290,840
Units granted to:
 Mr.Thomas Enders* 29,500 -
 the 10employees having being granted the
highest number of units during the year2014
(sixteenth tranche) 176,460 -
Total number of eligible beneficiaries 1,621
Vesting dates
The Performance and Restricted Units will vest if the participant is still employed
by a Group company at the respective vesting dates and, in the case
of Performance Units, upon achievement of mid-term business performance.
Vesting schedule is made up of 2 payments over 2years:
 50% expected in June2018;
 50% expected in June2019.
Number of vested units - -
(1) Based on 100% target performance achievement. A minimum of 50% of Performance Units will vest; 100% in case of on-target performance achievement; up to a maximum
of 150% in case of overachievement of performance criteria. In case of absolute negative results (cumulative EBIT* of AirbusGroup) during the performance period, the Board
of Directors can decide to review the vesting of the Performance Units including the 50% portion which is not subject to performance conditions (additional vesting condition).
* For more information in respect of units granted to the Chief Executive Officer, please refer to the “Notes to the IFRS Consolidated Financial Statements — Note31: Remuneration”.
The information in respect of stock options and performance and restricted shares cancelled and exercised during the year are
set out in “Notes to the IFRS Consolidated Financial Statements — Note30: Share-based payment”.
Seventeenth tranche
Date of Board of Directors meeting (grant date) 29October 2015
Performance and Restricted Unit plan
Performance Units Restricted Units
Number of units granted(1) 926,416 239,604
Number of units outstanding 926,416 239,604
Units granted to:
 Mr.Thomas Enders* 24,862 -
 the 10employees having being granted the
highest number of units during the year2015
(seventeenth tranche) 156,446 -
Total number of eligible beneficiaries 1,564
Vesting dates
The Performance and Restricted Units will vest if the participant is still employed
by a Group company at the respective vesting dates and, in the case
of Performance Units, upon achievement of mid-term business performance.
Vesting schedule is made up of 2 payments over 2years:
 50% expected in June2019;
 50% expected in June2020.
Number of vested units - -
(1) Based on 100% target performance achievement. A minimum of 50% of Performance Units will vest; 100% in case of on-target performance achievement; up to a maximum
of 150% in case of overachievement of performance criteria. In case of absolute negative results (cumulative EBIT* of AirbusGroup) during the performance period, the Board
of Directors can decide to review the vesting of the Performance Units including the 50% portion which is not subject to performance conditions (additional vesting condition).
* For more information in respect of units granted to the Chief Executive Officer, please refer to the “Notes to the IFRS Consolidated Financial Statements — Note31: Remuneration”.
SHAREHOLDING IN THE COMPANY OF THE MEMBERS OF THE BOARD OF DIRECTORS
Member of the Board of Directors Shareholding
 Mr.Thomas Enders 64,521 ordinary shares
 Mr.Denis Ranque 2,000 ordinary shares
 Mr.Manfred Bischoff 1,292 ordinary shares
 Mr.Ralph D. Crosby, Jr. 40,000 stock options
No other Member of the Board of Directors holds shares or other securities in the Company.
Financial Statements 2015
11 22 33 44 55
QRegistration Document 2015
Annual Report 2015 Financial Statements 2015
Q