Chrysler 2009 Annual Report Download - page 367

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On February 16th, the preliminary estimate of the annual non-cash cost of the proposed amendments to the 2009-2010
Plan was e15.6 million for the approximately 2 years of the Plan remaining. Those costs will be recalculated on the date
that the proposals, if approved, become effective, on the basis of the price of Fiat ordinary shares and the stated vesting
conditions. For the portion of the Plan relating to the Chief Executive Officer, that date shall be the date approval is given
by Shareholders. For the granting of the maximum 8 million rights on Fiat ordinary shares to other executives, that date
shall be the effective grant date. For accounting purposes, the cost calculated on the grant date is recognised on a pro
rata basis over the vesting period as the vesting conditions are met.
In addition to the amendments to the 2009-2010 Plan that are being submitted for your approval, the Company has other
incentive plans in place for directors and executives, established in 2002 and subsequent years, with a total of 27,752,780
options outstanding at 16 February 2010, of which 845,000 are exercisable. A total of 6.5 million options will be serviced
through the issue of new shares and the remainder through shares purchased on the market. A total of approximately 21.2
million shares will be required to service the 2009-2011 Plan and other plans currently in place - excluding the portion of
the 2006 Plan to be serviced through the issue of new shares. This amount is fully covered by the 38.6 million own shares
currently held. Detailed information on those plans is provided in disclosure documents issued in 2007, 2008 and 2009
available in the Corporate Governance section of the Group website (www.fiatgroup.com) under Fees and Interests Held,
as well as in the Report on Operations and Notes to the statutory and consolidated financial statements at 31 December
2009, pursuant to regulatory requirements and the International Financial Reporting Standards, respectively.
16 February 2010
On behalf of the Board of Directors
/s/ Luca Cordero di Montezemolo
Luca Cordero di Montezemolo
CHAIRMAN
AGENDA
AND RELATED
REPORTS
AND MOTIONS