Blizzard 2009 Annual Report Download - page 91
Download and view the complete annual report
Please find page 91 of the 2009 Blizzard 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.79
Thefollowinginstrumentsaredenominatedineuros:
StockOptionPlans
Restricted
Share
UnitsPlan
Grantdate................................................................................................................................
April23
April13
April23
Grantyear................................................................................................................................
2007
2006
2007
Dataatgrantdate:
Optionsstrikeprice................................................................................................
€30.79
€28.54
n/a
Maturity(inyears)...............................................................................................................
10
10
2
Expectedterm(inyears)................................................................................................
6.5
6
2
Numberofoptionsinitiallygranted.....................................................................................
181,260
205,600
15,121
Sharepriceatgrantdate................................................................................................
€31.75
€28.14
€31.75
Expectedvolatility...............................................................................................................
20%
26%
n/a
Riskfreeinterestrate................................................................................................
4.17%
3.99%
n/a
Expecteddividendyield................................................................................................
3.94%
3.80%
3.94%
Performanceconditionsachievementrate................................................................................
n/a
n/a
100%
Fairvalueofthegrantedoptions..............................................................................................
€5.64
€5.38
€29.30
Fairvalueoftheplan(inmillionsofeuros)................................................................
€1.0
€1.1
€0.4
(inU.S.dollarsexceptwherenoted)
Optionsstrikeprice..................................................................................................................
$44.28
$41.05
n/a
Sharepriceatgrantdate................................................................................................
$45.66
$40.47
$45.66
Fairvalueofthegrantedoptions..............................................................................................
$8.11
$7.74
$42.14
Fairvalueoftheplan(inmillionsofU.S.dollars)...............................................................
$1.5
$1.6
$0.6
ThefollowinginstrumentsaredenominatedinU.S.dollars:
RSUs
SARs
Grantdate................................................................
April23
December12
September22
April13
April23
September23
April13
Grantyear................................................................
2007
2006
2006
2006
2007
2006
2006
Strikeprice................................................................
n/a
n/a
n/a
n/a
$41.34
$34.58
$34.58
Maturityattheorigin(inyears)................................
2
0
2
2
10
10
10
Numberofinstrumentsinitiallygranted............................
38,248
33,105
2,000
34,224
458,740
24,000
410,400
Dataatthevaluationdate(December31,
2009):
Expectedtermatclosingdate(inyears).......................
0.0
0.0
0.0
0.0
3.8
3.3
3.1
Sharemarketprice........................................................
$30.09
$30.09
$30.09
$30.09
$30.09
$30.09
$30.09
Expectedvolatility........................................................
n/a
n/a
n/a
n/a
27%
27%
27%
Riskfreeinterestrate....................................................
n/a
n/a
n/a
n/a
1.94%
1.75%
1.64%
Expecteddividendyield................................
6.70%
6.70%
6.70%
6.70%
6.70%
6.70%
6.70%
Performanceconditionachievementrate......................
100%
n/a
100%
100%
n/a
n/a
n/a
Fairvalueofthegrantedinstruments............................
$30.09
$30.09
$30.09
$30.09
$1.41
$2.23
$2.16
FairvalueoftheplanasofDecember31,
2009(inmillionsofU.S.dollars)................................
$1.2
$1.0
$0.1
$1.0
$0.7
$0.1
$0.9
Equitysettledinstruments
EquitysettledawardsaredenominatedineurosandtheU.S.dollaramountsincludedinthetable
belowareonlyindicativeoftheoriginaleuroamountsconvertedasofDecember31,2009,usingthe
balancesheetexchangerate.Assuch,amountssetforthinU.S.dollarswillfluctuatewithfuturechangesin
exchangerates.Expenseamountsdisclosedareconvertedataverageexchangeratesduringtheyears
presented,asappropriate.