Proctor and Gamble 2012 Annual Report Download - page 79
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Please find page 79 of the 2012 Proctor and Gamble 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.The Procter & Gamble Company 77
Plan Category
(a)
Number of securities to
be issued upon exercise
of outstanding options,
warrants and rights
(b)
Weighted-
average exercise
price of outstanding
options, warrants and
rights
(c)
Number of securities
remaining available for
future issuance under
equity compensation plans
(excluding securities
reflected in column (a))
Equity compensation plans approved by
security holders (1)
Options 326,369,977 $54.0810 (2)
Restricted Stock Units (RSUs) / Performance
Stock Units (PSUs) 8,449,554 N/A (2)
Equity compensation plans not approved by
security holders (3)
Options 26,722,810 50.7101 (4)
Restricted Stock Units (RSUs) 95,361 N/A (4)
GRAND TOTAL 361,637,702 $53.8259 (5) 86,671,516
(1) Includes The Procter & Gamble 1992 Stock Plan; The Procter & Gamble 1993 Non-Employee Directors Stock Plan; The Procter &
Gamble 2001 Stock and Incentive Compensation Plan; The Procter & Gamble 2003 Non-Employee Directors Stock Plan; and The
Procter & Gamble 2009 Stock and Incentive Compensation Plan.
(2) Of the plans listed in (1), only The Procter & Gamble 2009 Stock and Incentive Compensation Plan and The 2003 Non- Employee
Directors Stock Plan allow for future grants of securities. The maximum number of shares that may be granted under these plans is
180 million shares. Stock options and stock appreciation rights are counted on a one for one basis while full value awards (such as
RSUs and PSUs) will be counted as 2.88 shares for each share awarded. Total shares available for future issuance under these plans
is 87 million.
(3) Includes The Procter & Gamble 1992 Stock Plan (Belgian version); The Procter & Gamble Future Shares Plan; The Gillette
Company 1971 Stock Option Plan; and The Gillette Company 2004 Long-Term Incentive Plan.
(4) None of the plans listed in (3) allow for future grants of securities.
(5) Weighted average exercise price of outstanding options only.
The Procter & Gamble 1992 Stock Plan (Belgian Version)
No further grants can be made under the plan,
although unexercised stock options previously granted under
this plan remain outstanding. This plan was approved by the
Company's Board of Directors on February 14, 1997.
Although the plan has not been submitted to shareholders for
approval, it is nearly identical to The Procter & Gamble
1992 Stock Plan, approved by the Company's shareholders
on October 13, 1992, except for a few minor changes
designed to comply with the Belgian tax laws.
The plan was designed to attract, retain and
motivate key Belgian employees. Under the plan, eligible
participants were: (i) granted or offered the right to purchase
stock options, (ii) granted stock appreciation rights and/or
(iii) granted shares of the Company's common stock. Except
in the case of death of the recipient, all stock options and
stock appreciation rights must vest in no less than one year
from the date of grant and must expire no later than fifteen
years from the date of grant. The exercise price for all stock
options granted under the plan is the average price of the
Company's stock on the date of grant. If a recipient of a
grant leaves the Company while holding an unexercised
option or right, any unexercisable portions immediately
become void, except in the case of death, and any
exercisable portions become void within one month of
departure, except in the case of death or retirement. Any
common stock awarded under the plan may be subject to
restrictions on sale or transfer while the recipient is
employed, as the committee administering the plan may
determine.
The Procter & Gamble Future Shares Plan
On October 14, 1997, the Company's Board of
Directors approved The Procter & Gamble Future Shares
Plan pursuant to which options to purchase shares of the
Company's common stock may be granted to employees
worldwide. The purpose of this plan is to advance the
interests of the Company by giving substantially all
employees a stake in the Company's future growth and
success and to strengthen the alignment of interests between
employees and the Company's shareholders through
increased ownership of shares of the Company's stock. The
plan has not been submitted to shareholders for approval.
Subject to adjustment for changes in the Company's
capitalization, the number of shares to be granted under the
plan is not to exceed 17 million shares. Under the plan's
regulations, recipients are granted options to acquire 100
shares of the Company's common stock at an exercise price
equal to the average price of the Company's common stock
on the date of the grant. These options vest five years after
the date of grant and expire ten years following the date of
grant. If a recipient leaves the employ of the Company prior