Chrysler 2007 Annual Report Download - page 288

The contractual terms of these plans are as follows:
Strike price Number of Vesting
Plan Recipient Grant date Expiry date (euros) options granted Vesting date portion
Stock Option 1999 Executives March 30, 1999 March 31, 2007 26.120 1,248,000 April 1, 2001 50%
(expired) April 1, 2002 50%
Stock Option 2000 Executives February 18, 2000 February 18, 2008 28.122 5,158,000 February 18, 2001 25%
February 18, 2002 25%
February 18, 2003 25%
February 18, 2004 25%
Stock Option Chairman July 25, 2000 July 25, 2008 25.459 250,000 July 25, 2001 50%
July 2000 B.o.D. May 14, 2002 50%
Stock Option Executives February 27, 2001 February 27, 2009 24.853 785,000 February 27, 2002 25%
February 2001 February 27, 2003 25%
February 27, 2004 25%
February 27, 2005 25%
Stock Option Chairman March 29, 2001 October 30, 2008 23.708 1,000,000 July 1, 2002 100%
March 2001 B.o.D.
Stock Option Executives October 31, 2001 October 31, 2009 16.526 5,417,500 October 31, 2002 25%
October 2001 October 31, 2003 25%
October 31, 2004 25%
October 31, 2005 25%
Stock Option Chairman May 14, 2002 January 1, 2010 12.699 1,000,000 January 1, 2005 100%
May 2002 B.o.D.
Stock Option Executives September 12, 2002 September 12, 2010 10.397 6,100,000 September 12, 2003 25%
September 2002 September 12, 2004 25%
September 12, 2005 25%
September 12, 2006 25%
On July 26, 2004, the Board of Directors granted to Sergio Marchionne as a part of his compensation as Chief Executive Officer
options for the purchase of 10,670,000 Fiat S.p.A. ordinary shares at the price of 6.583 euros, exercisable from June 1, 2008 to
January 1, 2011. In each of the first three years following the grant date, the Officer accrues the right to purchase, starting from
June 1, 2008, an annual maximum of 2,370,000 shares. From June 1, 2008, he will have the right to exercise, effective at that date,
the residual portion of the options on 3,560,000 shares. This right is subject to achieving certain pre-determined profitability targets
(Non-Market Conditions or “NMC”).
The contractual terms of the plan are as follows:
Strike price Number of Vesting
Plan Grant date Expiry date (euro) options granted Vesting date portion
Stock Option July 2004 July 26, 2004 January 1, 2011 6.583 10,670,000 June 1, 2005 22.2%
June 1, 2006 22.2%
June 1, 2007 22.2%
June 1, 2008 33.4%*NMC
Fiat S.p.A. Financial Statements at December 31, 2007 - Notes to the Financial Statements 287