HSBC 2002 Annual Report Download - page 162

Download and view the complete annual report

Please find page 162 of the 2002 HSBC 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 329

  • 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
  • 265
  • 266
  • 267
  • 268
  • 269
  • 270
  • 271
  • 272
  • 273
  • 274
  • 275
  • 276
  • 277
  • 278
  • 279
  • 280
  • 281
  • 282
  • 283
  • 284
  • 285
  • 286
  • 287
  • 288
  • 289
  • 290
  • 291
  • 292
  • 293
  • 294
  • 295
  • 296
  • 297
  • 298
  • 299
  • 300
  • 301
  • 302
  • 303
  • 304
  • 305
  • 306
  • 307
  • 308
  • 309
  • 310
  • 311
  • 312
  • 313
  • 314
  • 315
  • 316
  • 317
  • 318
  • 319
  • 320
  • 321
  • 322
  • 323
  • 324
  • 325
  • 326
  • 327
  • 328
  • 329

HSBC HOLDINGS PLC
Report of the Directors (continued)
160
Banque du Louvre
shares of no par value
Date of award
Exercise
price(€)
Exercisable
from
Exercisable
until
Options at
1 January
2002
Options
exercised
during year
Options
lapsed
during year
Options at
31 December
2002
31 Mar 1999 68.65 1 Jul 2000 31 Mar 2009 17,600 17,600 ––
7 Sep 2001 154.75 7 Sep 2005 7 Oct 2007 78,600 –4,400 74,200
Banque Dupuy de Parseval
shares of €20 each
Date of award
Exercise
price(€)
Exercisable
from
Exercisable
until
Options at
1 January
2002
Options
exercised
during year
Options
lapsed
during year
Options at
31 December
2002
3 Mar 1997 32.01 3 Mar 2002 3 Jun 2002 5,000 5,000 ––
1 Jul 1998 33.31 1 Jul 2003 1 Oct 2003 5,000 ––5,000
1 Jul 1999 34.76 1 Jul 2004 1 Oct 2004 5,000 ––5,000
3 Apr 2000 36.36 3 Apr 2005 3 Jul 2005 5,000 ––5,000
8 Jun 2000 39.48 8 Jun 2005 8 Sep 2005 5,000 ––5,000
Banque Eurofin
shares of €16 each
Date of award
Exercise
price(€)
Exercisable
from
Exercisable
until
Options at 1
January
2002
Options
awarded
during year
Options
exercised
during year
Options
lapsed
during year
Options at
31 December
2002
30 Nov 1998125.92 30 Nov 2001 29 Nov 2003 7,200 –4,200 –3,000
21 Dec 1999 48.78 21 Dec 2000 21 Dec 2009 66,000 ––5,500 60,500
15 May 2001 93.60 15 May 2002 15 May 2011 60,000 ––2,300 57,700
1 Oct 2002 100.00 2 Oct 2005 1 Oct 2012 –51,100 ––51,100
1Consideration of €1.52 per share paid on grant of options.
CCF Banque Privée Internationale
shares of no par value
Date of award
Exercise
price(€)
Exercisable
from
Exercisable
until
Options at
1 January
2002
Options
exercised
during year
Options
lapsed
during year
Options at
31 December
2002
9 Mar 2000 116.93 9 Mar 2005 31 Dec 2010 18,000 –500 17,500
Crédit Commercial du Sud Ouest
shares of €15.25 each
Date of award
Exercise
price(€)
Exercisable
from
Exercisable
until
Options at
1 January
2002
Options
exercised
during year
Options
lapsed
during year
Options at
31 December
2002
1 Oct 1996 80.49 1 Oct 2001 1 Apr 2002 6,375 6,375 ––
7 Nov 1997 85.68 7 Nov 2002 7 Nov 2003 5,625 ––5,625
8 Jul 1998 90.25 8 Jul 2003 8 Jan 2004 7,500 ––7,500
9 Sep 1999 95.89 9 Sep 2004 9 Mar 2005 7,500 ––7,500
7 Jun 2000 102.29 7 Jun 2005 7 Dec 2005 7,500 ––7,500