HSBC 2010 Annual Report Download - page 211

209
Overview Operating & Financial Review Governance Financial Statements Shareholder Information
HSBC Holdings Executive Share Option Scheme1
HSBC Holdings ordinary shares of US$0.50
Exercisable
Date of award
Exercise
price
(£) from to
At
1 Jan
2010
Exercised
during
year2
Lapsed
during
year
At
31 Dec
2010
3 Apr 2000 6.5009 3 Apr 2003 3 Apr 2010 6,706,848 4,228,503 2,478,345 –
1 The HSBC Holdings Executive Share Option Scheme expired on 26 May 2000. No options have been granted under the Scheme since
that date.
2 The weighted average closing price of the shares immediately before the dates on which options were exercised was £6.85.
HSBC Holdings Group Share Option Plan1
HSBC Holdings ordinary shares of US$0.50
Dates of award
Exercise price
(£) Exercisable
At
1 Jan
Exercised
during
Lapsed
during
At
31 Dec
from to from to from to 2010 year2 year 2010
4 Oct
2000
20 Apr
2005 6.0216 8.4024
4 Oct
2003
20 Apr
2015 157,719,485 1,015,349 3,946,021 152,758,115
1 The HSBC Holdings Group Share Option Plan expired on 26 May 2005. No options have been granted under the Plan since that date.
2 The weighted average closing price of the shares immediately before the dates on which options were exercised was £6.80.
HSBC Share Plan
HSBC Holdings ordinary shares of US$0.50
Exercisable
Date of award
Exercise
price
(£) from to
At
1 Jan
2010
Exercised
during
year
Lapsed
during
year
At
31 Dec
2010
30 Sep 2005 7.9911 30 Sep 2008 30 Sep 2015 86,046 – – 86,046
Subsidiary company share plans
HSBC France and subsidiary company
When it was acquired in 2000, HSBC France and
one of its subsidiary companies, HSBC Private Bank
France, operated employee share option plans under
which options could be granted over their respective
shares. No further options will be granted under
either of these companies’ plans. The following are
details of outstanding options to acquire shares in
HSBC France and HSBC Private Bank France.
HSBC France
Shares of €5
Exercisable
Date of award
Exercise
price
(€) from to
At
1 Jan
2010
Exercised
during
year
Lapsed
during
year
At
31 Dec
2010
12 Apr 2000 142.50 1 Jan 2002 12 Apr 2010 604,250 – 604,250 –
HSBC Private Bank France
Shares of €2
Dates of award
Exercise price
(€) Exercisable
At
1 Jan
Exercised
during
Lapsed
during
At
31 Dec
from to from to from to 2010 year1 year 20101
10 Mar
2000
1 Oct
2002 12.44 22.22
27 Jun
2004
1 Oct
2012 291,520 4,420 – 287,100
1 Following exercise of the options, the HSBC Private Bank France shares will be exchanged for HSBC Holdings ordinary shares in the
ratio of 2.099984 HSBC Holdings ordinary shares for each HSBC Private Bank France share. At 31 December 2010, The CCF
Employee Benefit Trust 2001 held 989,502 HSBC Holdings ordinary shares which may be exchanged for HSBC Private Bank France
shares arising from the exercise of these options.