HSBC 2002 Annual Report Download - page 158

HSBC HOLDINGS PLC
Report of the Directors (continued)
156
HSBC Holdings Savings-Related Share Option Plan
HSBC Holdings ordinary shares of US$0.50 each
Date of award
Exercise
price (£)
Exercisable
from1
Exercisable
until
2
Options at
1 January
2002
O
p
tions
awarded
during year3
Options
exercised
during year
4
Options
lapsed
during year
Options at
31 December
2002
3 Apr 1996 3.0590 1 Aug 2001 31 Jan 2002 72,519 – 58,115 14,404 –
9 Apr 1997 4.5206 1 Aug 2002 31 Jan 2003 8,721,489 – 8,377,754 116,326 227,409
6 Apr 1998 5.2212 1 Aug 2003 31 Jan 2004 9,609,696 – 408,223 464,903 8,736,570
1 Apr 1999 5.3980 1 Aug 2004 31 Jan 2005 12,681,199 – 339,272 806,740 11,535,187
10 Apr 2000 6.0299 1 Aug 2005 31 Jan 2006 15,875,709 – 264,453 1,466,152 14,145,104
11 Apr 2001 6.7536 1 Aug 2004 31 Jan 2005 4,251,916 – 67,617 712,433 3,471,866
11 Apr 2001 6.7536 1 Aug 2006 31 Jan 2007 9,221,110 – 52,699 858,267 8,310,144
2 May 2002 6.3224 1 Aug 2005 31 Jan 2006 – 3,366,992 617 182,789 3,183,586
2 May 2002 6.3224 1 Aug 2007 31 Jan 2008 – 7,572,479 387 191,825 7,380,267
1 May be advanced to an earlier date in certain circumstances, e.g. retirement.
2May be extended to a later date in certain circumstances, e.g. on death of a participant, the executors may exercise the option up to
six months beyond the normal exercise period.
3The closing price per share on 1 May 2002 was £8.08.
4The weighted average closing price of the securities immediately before the dates on which options were exercised was £7.43.
HSBC Holdings Savings-Related Share Option Plan: Overseas Section
HSBC Holdings ordinary shares of US$0.50 each
Date of award
Exercise
price (£)
Exercisable
from1
Exercisable
until
2
Options at
1 January
2002
Options
awarded
during year3
Options
exercised
during year
4
Options
lapsed
during year
Options at
31 December
2002
3 Apr 1996 3.0590 1 Aug 2001 31 Jan 2002 45,483 – 39,750 5,733 –
9 Apr 1997 4.5206 1 Aug 2002 31 Jan 2003 5,696,106 – 5,469,602 142,087 84,417
6 Apr 1998 5.2212 1 Aug 2003 31 Jan 2004 3,393,848 – 70,385 136,068 3,187,395
1 Apr 1999 5.3980 1 Aug 2004 31 Jan 2005 12,870,183 – 180,251 853,351 11,836,581
10 Apr 2000 6.0299 1 Aug 2005 31 Jan 2006 27,773,999 – 216,594 2,974,540 24,582,865
11 Apr 2001 6.7536 1 Aug 2004 31 Jan 2005 10,805,468 – 44,924 1,333,738 9,426,806
11 Apr 2001 6.7536 1 Aug 2006 31 Jan 2007 3,317,457 – 10,081 372,842 2,934,534
2 May 2002 6.3224 1 Aug 2005 31 Jan 2006 – 6,427,955 3,139 228,877 6,195,939
2 May 2002 6.3224 1 Aug 2007 31 Jan 2008 – 2,460,611 809 54,915 2,404,887
1 May be advanced to an earlier date in certain circumstances, e.g. retirement.
2May be extended to a later date in certain circumstances, e.g. on death of a participant, the executors may exercise the option up to
six months beyond the normal exercise period.
3The closing price per share on 1 May 2002 was £8.08.
4The weighted average closing price of the securities immediately before the dates on which options were exercised was £7.39.