HSBC 2008 Annual Report Download - page 310

HSBC HOLDINGS PLC
Report of the Directors: Governance (continued)
Employees > Share plans / Subsidiary share plans
308
HSBC Holdings Executive Share Option Scheme1
HSBC Holdings ordinary shares of US$0.50
Date of
award
Exercise
price (£)
Exercisable
from
Exercisable
until
Options at
1 January
2008
Options
exercised
during
year2
Options
lapsed
during
year
Options at
31 December
2008
16 Mar 1998 6.2767 16 Mar 2001 16 Mar 2008 427,641 414,141 13,500 –
29 Mar 1999 6.3754 3 Apr 2002 29 Mar 2009 9,794,913 2,872,548 64,352 6,858,013
10 Aug 1999 7.4210 10 Aug 2002 10 Aug 2009 91,058 19,958 – 71,100
31 Aug 1999 7.8710 31 Aug 2002 31 Aug 2009 4,000 – – 4,000
3 Apr 2000 7.4600 3 Apr 2003 3 Apr 2010 7,920,930 743,938 146,099 7,030,893
1 The HSBC Holdings Executive Share Option Scheme expired on 26 May 2000. No options have been granted under the Scheme since
that date.
2 The weighted average closing price of the shares immediately before the dates on which options were exercised was £8.47.
HSBC Holdings Group Share Option Plan1
HSBC Holdings ordinary shares of US$0.50
Date of
award
Exercise
price (£)
Exercisable
from
Exercisable
until
Options at
1 January
2008
Options
exercised
during
year2
Options
lapsed
during
year
Options at
31 December
2008
4 Oct 2000 9.6420 4 Oct 2003 4 Oct 2010 306,641 – 7,625 299,016
23 Apr 2001 8.7120 23 Apr 2004 23 Apr 2011 27,166,097 245,744 772,167 26,148,186
30 Aug 2001 8.2280 30 Aug 2004 30 Aug 2011 153,518 5,750 – 147,768
7 May 2002 8.4050 7 May 2005 7 May 2012 29,562,689 512,200 680,556 28,369,933
30 Aug 2002 7.4550 30 Aug 2005 30 Aug 2012 354,600 3,450 210,500 140,650
2 May 2003 6.9100 2 May 2006 2 May 2013 28,957,295 2,548,099 548,952 25,860,244
29 Aug 2003 8.1300 29 Aug 2006 29 Aug 2013 394,784 13,010 14,130 367,644
3 Nov 2003 9.1350 3 Nov 2006 3 Nov 2013 4,069,800 – 458,000 3,611,800
30 Apr 2004 8.2830 30 Apr 2007 30 Apr 2014 53,842,886 375,872 2,779,812 50,687,202
27 Aug 2004 8.6500 27 Aug 2007 27 Aug 2014 312,000 – 12,800 299,200
20 Apr 2005 8.3620 30 Apr 2008 20 Apr 2015 7,095,295 30,000 404,525 6,660,770
1 The HSBC Holdings Group Share Option Plan expired on 26 May 2005. No options have been granted under the Plan since that date.
2 The weighted average closing price of the shares immediately before the dates on which options were exercised was £8.59.
HSBC Share Plan
HSBC Holdings ordinary shares of US$0.50
Date of
award
Exercise
price (£)
Exercisable
from
Exercisable
until
Options at
1 January
2008
Options
exercised
during
year
Options
lapsed
during
year
Options at
31 December
2008
21 Jun 2005 8.794 21 Jun 2008 21 Jun 2009 449,455 – 224,728 224,727
30 Sep 2005 9.170 30 Sep 2008 30 Sep 2015 74,985 – – 74,985
Subsidiary company share plans
HSBC France and subsidiary company
When it was acquired in 2000, HSBC France and
one of its subsidiary companies, HSBC Private Bank
France, operated employee share option plans under
which options could be granted over their respective
shares. No further options will be granted under
either of these companies’ plans. The following are
details of outstanding options to acquire shares in
HSBC France and HSBC Private Bank France.