Chrysler 2005 Annual Report Download - page 257

256 Fiat S.p.A. Financial Statements at December 31, 2005 - N otes to the Financial Statements
03 Fiat S.p.A.
Stock O ptions granted to Directors and General Managers (Article 78 of Consob Regulation N o. 11971/99)
O ptions
O ptions held at the O ptions granted O ptions exercised expired in O ptions held
Grantee beginning of the year during the year during the year the year at the end of the year
O ffice held N umber Average Exercise N umber Average Exercise N umber Average Average N umber N umber Average Exercise
First and at the date of of exercise period of exercise period of exercise market price at of of exercise period
last name the grant options price (mm/yy) options price (mm/yy) options price exercise date options options price (mm/yy)
Paolo Chairman
Fresco 2,250,000 20.614 07/01-01/10 2,250,000 20.614 07/01-01/10
Sergio Chief Executive
Marchionne O fficer 10,670,000 6.583 06/08-01/11* 10,670,000 6.583 06/08-01/11
* The options are exercisable for one-third of the shares only upon satisfaction of the profitability targets, whose amount and reference period are defined in advance.
Turin, February 28, 2006
The Board of D irectors
By:
Luca Cordero di Montezemolo
Chairman