Mercedes 2013 Annual Report Download - page 224

228
Table  F.54 includes an analysis of the stock options issued
to the members of the Board of Management who were active
as of December 31, 2013.
The members of the Board of Management Dr. Wolfgang
Bernhard, Dr. Christine Hohmann-Dennhardt, Wilfried Porth,
Hubertus Troska and Bodo Uebber had no exercisable or
outstanding option rights, neither in 2013 nor in the prior year.
With regard to the figures shown in table  F.54, 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 conducts an exercise. As variable
remuneration, 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.
Analysis of the stock options issued to the current members of the Board of Management
Dr. Dieter Zetsche
Number of
stock options
in millions
2013
Average
exercise price
euros per share
Number of
stock options
in millions
2012
Average
exercise price
euros per share
Balance at beginning of year 0.1 43.57 0.4 37.84
Exercised -0.1 43.57 -0.3 34.40
Disposals/Forfeited – – – –
Outstanding at year-end – – 0.1 43.57
Exercisable at year-end – – 0.1 43.57
Weighted maturity –1.3 years
F.54
Andreas Renschler
Number of
stock options
in millions1
2013
Average
exercise price
euros per share
Number of
stock options
in millions1
2012
Average
exercise price
euros per share
Balance at beginning of year . 43.57 0.1 39.43
Exercised . 43.57 . 34.40
Disposals/Forfeited – – – –
Outstanding at year-end – – . 43.57
Exercisable at year-end – – . 43.57
Weighted maturity –1.3 years
1 For number of stock options partially no disclosure due to rounding.
Prof. Dr. Thomas Weber
Number of
stock options
in millions
2013
Average
exercise price
euros per share
Number of
stock options
in millions
2012
Average
exercise price
euros per share
Balance at beginning of year 0.1 43.57 0.2 37.54
Exercised -0.1 43.57 -0.1 34.40
Disposals/Forfeited – – – –
Outstanding at year-end – – 0.1 43.57
Exercisable at year-end – – 0.1 43.57
Weighted maturity –1.3 years