HSBC 2001 Annual Report Download - page 137

135
HSBC Holdings Executive Share Option Scheme
HSBC Holdings ordinary shares of US$0.50 each
Date of award
Exercise
price (£)
Exercisable
from
Exercisable
until
Options at
1 January
2001
Options
exercised
during year1
Options
lapsed
during year
Options at
31 December
2001
12 Oct 1993 2.4062 12 Oct 1996 12 Oct 2003 101,409 24,216 45,408 31,785
8 Mar 1994 2.8376 8 Mar 1997 8 Mar 2004 453,678 127,137 75,681 250,860
7 Mar 1995 2.1727 7 Mar 1998 7 Mar 2005 957,000 348,000 24,750 584,250
1 Apr 1996 3.3334 1 Apr 1999 1 Apr 2006 2,212,812 495,102 73,500 1,644,210
13 Aug 1996 3.8270 13 Aug 1999 13 Aug 2006 16,500 16,500  
24 Mar 1997 5.0160 24 Mar 2000 24 Mar 2007 2,413,960 411,769 114,200 1,887,991
12 Aug 1997 7.7984 12 Aug 2000 12 Aug 2007 35,250 5,625 15,000 14,625
16 Mar 1998 6.2767 16 Mar 2001 16 Mar 2008 4,182,900 842,026 185,850 3,155,024
29 Mar 1999 6.3754 29 Mar 2002 29 Mar 2009 67,624,872 841,557 2,136,159 64,647,156
10 Aug 1999 7.4210 10 Aug 2002 10 Aug 2009 280,500  15,750 264,750
31 Aug 1999 7.8710 31 Aug 2002 31 Aug 2009 4,000   4,000
3 Apr 2000 7.4600 3 Apr 2004 3 Apr 2010 31,696,502 275,648 913,090 30,507,764
1The weighted average closing price of the securities immediately before the dates on which options were exercised was £8.60.
The HSBC Holdings Executive Share Option Scheme was replaced by the HSBC Holdings Group Share Option Plan on 26 May 2000. No
options have been granted under the Scheme since that date.
HSBC Holdings Group Share Option Plan
HSBC Holdings ordinary shares of US$0.50 each
Date of
award
Exercise
price (£)
Exercisable
from
Exercisable
until
Options at 1
January
2001
Options
awarded
during year
Options
exercised
during year
Options
lapsed during
year
Options at
31 December
2001
4 Oct 2000 9.6420 4 Oct 2003 4 Oct 2010 455,299   11,777 443,522
23 Apr 2001 8.7120 23 Apr 2004 23 Apr 2011  50,973,4621 967,095 50,006,367
30 Aug 2001 8.2280 30 Aug 2004 30 Aug 2011  383,5052 8,100 375,405
1The closing price per share on 20 April 2001 was £8.765.
2The closing price per share on 29 August 2001 was £8.25.
Crédit Commercial de France S.A. and subsidiary
company plans
The following are outstanding options, granted at nil
consideration (unless otherwise indicated), to acquire
shares in CCF and its subsidiaries. CCF was acquired
on 28 July 2000. During 2001, 441,000 options over
CCF shares were exercised and the resultant shares
exchanged for cash. On exercise of all remaining
options held by CCF employees, the CCF shares will
be exchanged for HSBC Holdings ordinary shares of
US$0.50 each. Further details are given in Note 35 of
the 'Notes on the Financial Statements'. With the
exception of Banque Eurofin and Banque du Louvre
(as set out below), no subsidiary company granted
options over its own shares during the year.