HSBC 2007 Annual Report Download - page 317

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HSBC Finance: 1996 Long-Term Executive Incentive Compensation Plan
HSBC Holdings ordinary shares of US$0.50
Date of
award
Exercise
price (US$)
Exercisable
from
Exercisable
until
Options at
1 January
2007
Options
exercised
during year1
Options
lapsed
during year
Options at
31 December
2007
14 May 1997 11.29 14 May 1998 14 May 2007 100,315 – 100,315 –
10 Nov 1997 14.60 10 Nov 1998 10 Nov 2007 573,684 490,088 83,596 –
15 Jun 1998 17.08 15 Jun 1999 15 Jun 2008 802,500 802,500 – –
1 Jul 1998 19.21 1 Jul 1999 1 Jul 2008 80,250 – – 80,250
9 Nov 1998 13.71 9 Nov 1999 9 Nov 2008 2,020,741 1,179,175 – 841,566
17 May 1999 16.99 17 May 2000 17 May 2009 334,375 – – 334,375
31 Aug 1999 13.96 31 Aug 2000 31 Aug 2009 337,051 36,113 – 300,938
8 Nov 1999 16.96 8 Nov 2000 8 Nov 2009 4,782,902 532,325 – 4,250,577
30 Jun 2000 15.70 30 Jun 2001 30 Jun 2010 26,846 – – 26,846
8 Feb 2000 13.26 8 Feb 2001 8 Feb 2010 66,875 – – 66,875
13 Nov 2000 18.40 13 Nov 2001 13 Nov 2010 6,349,114 620,600 – 5,728,514
12 Nov 2001 21.37 12 Nov 2002 12 Nov 2011 7,571,322 – – 7,571,322
20 Nov 2002 10.66 20 Nov 20032 20 Nov 2012 3,125,202 670,904 – 2,454,298
1 The weighted average closing price of the shares immediately before the dates on which options were exercised was £9.37.
2 25 per cent of the original award was exercisable on each of the first, second, third and fourth anniversaries of the date of award. The
exercise period may be advanced to an earlier date in certain circumstances, e.g. retirement.
HSBC Finance: 1996 Long-Term Executive Incentive Compensation Plan1
HSBC Holdings ordinary shares of US$0.50
Date of
award
Vesting
from2
Vesting
until2
Rights at
1 January
2007
Rights
vested
during year3
Rights
lapsed
during year
Rights at
31 December
2007
15 Nov 2002 15 Nov 2005 15 Nov 2007 2,409 1,517 892 –
20 Nov 2002 20 Nov 2005 20 Nov 2007 539,027 518,417 20,610 –
2 Dec 2002 2 Dec 2005 2 Dec 2007 3,123 1,339 – 1,784
16 Dec 2002 16 Dec 2005 16 Dec 2007 11,774 11,774 – –
20 Dec 2002 20 Dec 2005 20 Dec 2007 88,286 88,286 – –
2 Jan 2003 2 Jan 2006 2 Jan 2008 893 446 – 447
15 Jan 2003 15 Jan 2006 15 Jan 2008 20,959 10,479 – 10,480
3 Feb 2003 3 Feb 2006 3 Feb 2008 6,344 3,170 268 2,906
14 Feb 2003 14 Feb 2006 14 Feb 2008 98,265 49,131 – 49,134
3 Mar 2003 3 Mar 2006 3 Mar 2008 893 446 – 447
1 Awards of Restricted Stock Rights which represent a right to receive shares for nil consideration if the employee remains in the
employment of HSBC Finance at the date of vesting.
2 Restricted Stock Rights vest one third on each of the third, fourth and fifth anniversaries of the date of award. The exercise period may
be advanced to an earlier date in certain circumstances, e.g. retirement.
3 The weighted average closing price of the shares immediately before the dates on which rights vested was £8.47.
Beneficial Corporation: 1990 Non-Qualified Stock Option Plan
HSBC Holdings ordinary shares of US$0.50
Date of
award
Exercise
price (US$)
Exercisable
from
Exercisable
until
Options at
1 January
2007
Options
exercised
during year1
Options
lapsed
during year
Options at
31 December
2007
14 Nov 1997 9.20 14 Nov 1998 14 Nov 2007 131,248 – 131,248 –
19 Nov 1997 9.39 19 Nov 1998 19 Nov 2007 309,225 309,225 – –
1 Dec 1997 9.68 1 Dec 1998 1 Dec 2007 49,218 – 49,218 –
1 The weighted average closing price of the shares immediately before the dates on which options were exercised was £9.22.