Mercedes 2012 Annual Report Download - page 221

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230
Table 7.49 includes an analysis of the stock options
issued to the current members of the Board of Management.
The members of the Board of Management Dr. Wolfgang
Bernhard, Dr. Christine Hohmann-Dennhardt and Hubertus
Troska had no exercisable or outstanding option rights,
neither in 2012 nor in the prior year.
With regard to the figures shown in the table 7.49, it has
to be considered that benefits from the stock option plans only
arise if the Daimler share price exceeds the hurdle which
has been individually defined for each stock option plan and
if the owner of the stock options realizes an exercise. As
variable compensation, only the difference between the reference
and exercise price of the respective stock option plan is paid
out. The following average exercise price is only a statistical
factor, which results from the weighted average of the exercise
prices shown in the table for the basic terms of the SOP.
The sum of rights shown here is calculated from the addition
of the different amounts of options that were granted in the
years 2000 to 2004.
Wilfried Porth
Number of
stock options
in millions
2012
Average
exercise price
euros per share
Number of
stock options
in millions1
2011
Average
exercise price
euros per share
Balance at beginning of year – – . 66.96
Exercised – – – –
Disposals/Forfeited – – . 66.96
Outstanding at year-end – – – –
Exercisable at year-end – – – –
Weighted maturity
1 For number of stock options partially no disclosure due to rounding.
Analysis of the stock options issued to the current members of the Board of Management
Dr. Dieter Zetsche
Number of
stock options
in millions
2012
Average
exercise price
euros per share
Number of
stock options
in millions
2011
Average
exercise price
euros per share
Balance at beginning of year 0.4 37.84 0.6 49.04
Exercised -0.3 34.40 – –
Disposals/Forfeited -0.2 66.96
Outstanding at year-end 0.1 43.57 0.4 37.84
Exercisable at year-end 0.1 43.57 0.4 37.84
Weighted maturity 1.3 years 1.4 years
7. 4 9