HSBC 2005 Annual Report Download - page 199

197
HSBC Finance
1984 Long-Term Executive Incentive Compensation Plan
HSBC Holdings ordinary shares of US$0.50
Date of
award
Exercise
price (US$)
Exercisable
from
Exercisable
until
Options at
1 January
2005
Options
exercised
during year1
Options
lapsed
during year
Options at
31 December
2005
7 Feb 1995 5.09 7 Feb 1996 7 Feb 2005 148,142 148,142 – –
13 Nov 1995 7.43 13 Nov 1996 13 Nov 2005 283,131 283,131 – –
1 The weighted average closing price of the shares immediately before the dates on which options were exercised was £8.91.
HSBC Finance
1996 Long-Term Executive Incentive Compensation Plan
HSBC Holdings ordinary shares of US$0.50
Date of
award
Exercise
price (US$)
Exercisable
from
Exercisable
until
Options at
1 January
2005
Options
exercised
during year1
Options
lapsed
during year
Options at
31 December
2005
11 Nov 1996 11.43 11 Nov 1997 11 Nov 2006 1,006,469 399,244 – 607,225
14 May 1997 11.29 14 May 1998 14 May 2007 200,630 20,063 – 180,567
10 Nov 1997 14.60 10 Nov 1998 10 Nov 2007 4,016,020 627,350 – 3,388,670
15 Jun 1998 17.08 15 Jun 1999 15 Jun 2008 802,500 – – 802,500
1 Jul 1998 19.21 1 Jul 1999 1 Jul 2008 80,250 – – 80,250
9 Nov 1998 13.71 9 Nov 1999 9 Nov 2008 4,695,629 152,475 – 4,543,154
17 May 1999 16.99 17 May 2000 17 May 2009 334,375 – – 334,375
3 Jun 1999 16.32 3 Jun 2000 3 Jun 2009 200,625 – – 200,625
31 Aug 1999 13.96 31 Aug 2000 31 Aug 2009 345,077 – – 345,077
8 Nov 1999 16.96 8 Nov 2000 8 Nov 2009 4,869,841 – – 4,869,841
30 Jun 2000 15.70 30 Jun 2001 30 Jun 2010 26,846 – – 26,846
8 Feb 2000 13.26 8 Feb 2001 8 Feb 2010 66,875 – – 66,875
13 Nov 2000 18.40 13 Nov 2001 13 Nov 2010 6,379,208 – – 6,379,208
12 Nov 2001 21.37 12 Nov 2002 12 Nov 2011 7,571,322 – – 7,571,322
20 Nov 2002 10.66 20 Nov 2003220 Nov 2012 7,111,494 753,689 – 6,357,805
1The weighted average closing price of the shares immediately before the dates on which options were exercised was £8.81.
225 per cent of the original award is exercisable on each of the first, second, third and fourth anniversaries of the date of award. May be
advanced to an earlier date in certain circumstances, e.g. retirement.
HSBC Finance
1996 Long-Term Executive Incentive Compensation Plan1
HSBC Holdings ordinary shares of US$0.50
Date of
award
Vesting
from2
Vesting
until2
Rights at
1 January
2005
Rights
vested
during year3
Rights
lapsed
during year
Rights at
31 December
2005
15 Nov 2002 15 Nov 2005 15 Nov 2007 7,222 2,405 – 4,817
20 Nov 2002 20 Nov 2005 20 Nov 2007 1,789,084 598,947 57,531 1,132,606
2 Dec 2002 2 Dec 2005 2 Dec 2007 10,701 3,564 – 7,137
16 Dec 2002 16 Dec 2005 16 Dec 2007 35,846 11,944 – 23,902
20 Dec 2002 20 Dec 2005 20 Dec 2007 164,514 59,286 13,375 91,853
2 Jan 2003 2 Jan 2006 2 Jan 2008 1,338 – – 1,338
15 Jan 2003 15 Jan 2006 15 Jan 2008 31,432 – – 31,432
3 Feb 2003 3 Feb 2006 3 Feb 2008 9,635 134 – 9,501
14 Feb 2003 14 Feb 2006 14 Feb 2008 187,518 40,125 – 147,393
3 Mar 2003 3 Mar 2006 3 Mar 2008 1,338 – – 1,338
1Awards of Restricted Stock Rights which represent a right to receive shares for nil consideration if the employee remains in the
employment of HSBC Finance at the date of vesting.
2Restricted Stock Rights vest one-third on each of the third, fourth and fifth anniversaries of the date of award. May be advanced to an
earlier date in certain circumstances, e.g. retirement.
3The weighted average closing price of the shares immediately before the dates on which rights vested was £9.41.