Mercedes 2009 Annual Report Download - page 218

Download and view the complete annual report

Please find page 218 of the 2009 Mercedes annual report below. You can navigate through the pages in the report by either clicking on the pages listed below, or by using the keyword search tool below to find specific information within the annual report.

Page out of 264

  • 1
  • 2
  • 3
  • 4
  • 5
  • 6
  • 7
  • 8
  • 9
  • 10
  • 11
  • 12
  • 13
  • 14
  • 15
  • 16
  • 17
  • 18
  • 19
  • 20
  • 21
  • 22
  • 23
  • 24
  • 25
  • 26
  • 27
  • 28
  • 29
  • 30
  • 31
  • 32
  • 33
  • 34
  • 35
  • 36
  • 37
  • 38
  • 39
  • 40
  • 41
  • 42
  • 43
  • 44
  • 45
  • 46
  • 47
  • 48
  • 49
  • 50
  • 51
  • 52
  • 53
  • 54
  • 55
  • 56
  • 57
  • 58
  • 59
  • 60
  • 61
  • 62
  • 63
  • 64
  • 65
  • 66
  • 67
  • 68
  • 69
  • 70
  • 71
  • 72
  • 73
  • 74
  • 75
  • 76
  • 77
  • 78
  • 79
  • 80
  • 81
  • 82
  • 83
  • 84
  • 85
  • 86
  • 87
  • 88
  • 89
  • 90
  • 91
  • 92
  • 93
  • 94
  • 95
  • 96
  • 97
  • 98
  • 99
  • 100
  • 101
  • 102
  • 103
  • 104
  • 105
  • 106
  • 107
  • 108
  • 109
  • 110
  • 111
  • 112
  • 113
  • 114
  • 115
  • 116
  • 117
  • 118
  • 119
  • 120
  • 121
  • 122
  • 123
  • 124
  • 125
  • 126
  • 127
  • 128
  • 129
  • 130
  • 131
  • 132
  • 133
  • 134
  • 135
  • 136
  • 137
  • 138
  • 139
  • 140
  • 141
  • 142
  • 143
  • 144
  • 145
  • 146
  • 147
  • 148
  • 149
  • 150
  • 151
  • 152
  • 153
  • 154
  • 155
  • 156
  • 157
  • 158
  • 159
  • 160
  • 161
  • 162
  • 163
  • 164
  • 165
  • 166
  • 167
  • 168
  • 169
  • 170
  • 171
  • 172
  • 173
  • 174
  • 175
  • 176
  • 177
  • 178
  • 179
  • 180
  • 181
  • 182
  • 183
  • 184
  • 185
  • 186
  • 187
  • 188
  • 189
  • 190
  • 191
  • 192
  • 193
  • 194
  • 195
  • 196
  • 197
  • 198
  • 199
  • 200
  • 201
  • 202
  • 203
  • 204
  • 205
  • 206
  • 207
  • 208
  • 209
  • 210
  • 211
  • 212
  • 213
  • 214
  • 215
  • 216
  • 217
  • 218
  • 219
  • 220
  • 221
  • 222
  • 223
  • 224
  • 225
  • 226
  • 227
  • 228
  • 229
  • 230
  • 231
  • 232
  • 233
  • 234
  • 235
  • 236
  • 237
  • 238
  • 239
  • 240
  • 241
  • 242
  • 243
  • 244
  • 245
  • 246
  • 247
  • 248
  • 249
  • 250
  • 251
  • 252
  • 253
  • 254
  • 255
  • 256
  • 257
  • 258
  • 259
  • 260
  • 261
  • 262
  • 263
  • 264

214
Options granted to the Board of Management in 2004 for which –
according to the recommendations of the German Corporate
Governance Code – the Presidential Committee can impose a
limit, or reserve the right to impose a limit in the event of excep-
tional and unpredictable developments, are measured at their
intrinsic values as of December 31.
Analysis of the stock options issued is as follows:
The weighted average share price of Daimler ordinary shares
during the exercise period was €35.07 (2008: €45.86; 2007:
€65.69).
Analysis of the stock options issued to the current members of
the Board of Management is as follows:
2007
Average
exercise price
€ per share
Number of
stock options
in millions
2008
Average
exercise price
€ per share
2009
Average
exercise price
€ per share
Number of
stock options
in millions
Number of
stock options
in millions
57.66
–
39.11
66.75
56.61
56.61
29.1
–
(0.6)
(4.2)
24.3
24.3
56.61
–
34.40
60.15
56.57
56.57
24.3
–
(0.2)
(1.7)
22.4
22.4
56.00
–
53.89
67.97
57.66
57.66
67.1
–
(35.7)
(2.3)
29.1
29.1
Balance at beginning of the year
Options granted
Exercised
Disposals/Forfeited
Outstanding at year-end
Exercisable at year-end
52.99
–
–
–
52.99
52.99
3.0 years
2008
Average
exercise price
€ per share
Dr. Dieter Zetsche
2009
Average
exercise price
€ per share
Number of
stock options
in millions
Number of
stock options
in millions
1.0
–
–
–
1.0
1.0
52.99
–
–
–
52.99
52.99
2.0 years
1.0
–
–
–
1.0
1.0
2007
Average
exercise price
€ per share
Number of
stock options
in millions
52.99
–
–
–
52.99
52.99
4.0 years
1.0
–
–
–
1.0
1.0
Balance at beginning of year
Options granted
Exercised
Disposals/Forfeited
Outstanding at year-end
Exercisable at year-end
Weighted maturity
2008
Average
exercise price
€ per share
Wilfried Porth
2009
Average
exercise price
€ per share
Number of
stock options
in millions
Number of
stock options
in millions
–
–
–
–
–
–
–
–
–
–
–
–
–
65.40
–
–
–
65.40
65.40
1.0 years
.
–
–
–
.
.
2007
Average
exercise price
€ per share
Number of
stock options
in millions
–
–
–
–
–
–
–
–
–
–
–
–
–
Balance at beginning of year1
Options granted
Exercised
Disposals/Forfeited
Outstanding at year-end1
Exercisable at year-end1
Weighted maturity
1 For number of stock options no disclosure in 2009 due to rounding.