LensCrafters 2010 Annual Report Download - page 183

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NOTES TO THE
CONSOLIDATED
FINANCIAL
STATEMENTS
Options exercisable on December 31, 2010 are summarized in the following table:
Number of options
exercisable as of
December 31, 2010
2002 Ordinary Plan 101,900
2003 Ordinary Plan 496,200
2004 Ordinary Plan 839,723
2004 Performance Plan 140,000
2005 Ordinary Plan 895,500
2006 Ordinary Plan 140,000
2007 Ordinary Plan 85,000
Total 2,698,323
The remaining contractual life of plans in effect on December 31, 2010 is highlighted in the following table:
Remaining contractual
life in years
2002 Ordinary Plan 0.08
2003 Ordinary Plan 1.08
2004 Ordinary Plan 2.09
2004 Performance Plan 1.08
2005 Ordinary Plan 3.09
2006 Ordinary Plan 4.09
2006 Performance Plan B 4.57
2007 Ordinary Plan 5.18
2008 Ordinary Plan 6.21
2009 Ordinary plan for citizens not resident in the U.S.A. 7.35
2009 Ordinary plan for citizens resident in the U.S.A. 7.35
2009 Plan – reassignment of 2006/2007 plans for citizens resident in the U.S.A. 6.25
2009 Plan – reassignment of 2006/2007 plans for citizens not resident in the U.S.A. 7.35
2009 Plan – reassignment of 2006 plans for citizens not resident in the U.S.A. 7.35
2009 Plan – reassignment of 2006 plans for citizens resident in the U.S.A. 7.45
2010 Ordinary Plan – for citizens non resident in the U.S.A. 8.33
2010 Ordinary Plan – for citizens resident in the U.S.A. 8.33
With regards to the options exercised during the course of 2010, the weighted average share price of the shares in 2010
was equal to Euro 19.97.
The Group has recorded an expense for the ordinary stock option plans of Euro 8.6 million and Euro 8.5 million in 2010 and
2009, respectively. For the performance plans, including the 2006 performance plans and the 2009 and 2010 PSP plans, the
Group recorded an expense of Euro 24.3 million and Euro 16.5 million in 2010 and 2009 respectively. No expense on the
2008 PSP was recorded in 2010, 2009 and 2008, since the consolidated EPS targets were not met.