Atari 2010 Annual Report Download - page 37

Download and view the complete annual report

Please find page 37 of the 2010 Atari 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 188

  • 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

ANNUAL FINANCIAL REPORT – REGISTRATION DOCUMENT
37
BOARD OF DIRECTORS’ SPECIAL REPORT ON STOCK OPTIONS TO THE ANNUAL AND SPECIAL
SHAREHOLDERS’ MEETING CALLED TO APPROVE THE FINANCIAL STATEMENTS FOR THE YEAR
ENDED MARCH 31, 2009
(Prepared in accordance with Article L. 225-184 of the French Commercial Code (Code de commerce)
To our Shareholders,
In connection with our Shareholders’ Meeting and in accordance with Article L. 225-184 of the French Commercial Code
(Code de commerce), this report informs you of the transactions covered by Articles L. 225-177 to L. 225-186 of the
French Commercial Code concerning stock options.
We hereby inform you that, during the year ended March 31, 2010, the Company granted a total of 1,659,696 options,
after adjustments, exercisable for 1,659,696 of its shares, as follows:
Number of
options
Number of shares for which
the options may be exercised
Exercise price per
share (in euros)
Expiration date of
the options
Plan of May 25, 2009 (*) 1 304 696 1 304 696 4,75 May 25, 2017
Plan of February 12, 2010 355 000 355 000 4,28 February 12, 2018
(*) Subject to performance criteria, numbers provided are after adjustments
As prescribed by Article L. 225-184 of the French Commercial Code, this special report also provides information on the
grants and exercises of options by individual corporate officers and other persons who received the largest grants.
1. Stock options granted by the Company to individual corporate officers
During fiscal year 2009/2010 ended March 31, 2010, the Company and its affiliates, within the meaning of article L.225-
180 of the Commercial Code, granted 978,522 stock options to Mr. Jeff Lapin, Chief Operating Officer at the grant date
(May 25, 2009). The options granted to Mr. Lapin are valued at €3.3 million, as of March 31, 2010.
No option was granted by the Company to other corporate officers in fiscal year 2009/2010.
2. Stock options granted by the Company’s subsidiaries to its corporate officers
No stock options were granted to corporate officers or directors by any of its subsidiaries in fiscal year 2009/2010.
3. Shares acquired by corporate officers through the exercise of stock options granted by the
Company or its subsidiaries
No stock options were exercised by corporate officers in fiscal year 2009/2010.
4. Stock options granted by the Company and its subsidiaries to employees
The Company granted 621,174 stock options to employees other than corporate officers in fiscal year 2009-2010 (please
refer to Table 9 of the AMF in the Annual Report, page 36.
5. Shares acquired by Company employees through the exercise of stock options granted by the
Company or its subsidiaries to the ten Company employees, other than corporate officers, who
subscribed the largest number of options
No shares were acquired by Company employees in fiscal year 2009/2010 through the exercise of stock options granted
by the Company or its subsidiaries.
Paris, July 22, 2010
The Board of Directors