Ubisoft 2008 Annual Report Download - page 98

96
UBISOFTANNUAL REPORT 2009
1.3.2.2.5 Securities granting entitlement to the capital (convertible or exchangeable securities
or securities comprising share warrants)
Potential capital
As of March 31, 2009, the number of subscription options open but not yet exercised was 9,509,468 and the number of bonus
shares granted 466,680.
If (i) all of these options were exercised and (ii) the performance and attendance conditions attached to bonus shares were met,
resulting in their permanent vesting in the beneciaries, Ubisoft Entertainment SA’s share capital would increase as follows:
Potential capital (dilution of 9.61%)
Number of shares as of March 31, 2008 93,856,346 Share capital as of March 31, 2008 €7,273,866.82
Subscription options as of March 31, 2008 9,509,468 Potential increase €736,983.77
Bonus shares granted 466,680 Potential increase €36,167.70
Potential shares as of March 31, 2008 103,832,494 Potential share capital as of March 31, 2008 €8,047,018.29
1.3.2.2.6 Share subscription options (plans open as of March 31, 2009)
DATE OF
SHAREHOLD-
ERS' MEETING
Plan
no.
Date of
Board
meeting
Total number
of options
granted (1) (2)
Number
of options
granted to
corporate
officers
Exercisable
as from Date of expiry Terms and condi- tions of exercise Strike price
(1) (2)
Number of options (1) (2)
exercised
during the
year
cancelled
during the
year
circulating as
of March 31,
2009
10.19.01 7 08.16.02 1,556,260
(1) (2) - 01.19.05 08.15.12
50% at 01.19.05
75% at 08.16.05
100% at 08.16.06
€3.21 (1) (2) 145,560
(1) (2) 0 45,350 (1) (2)
07.23.04 11 10.14.04 1,552,600
(1) (2) - 10.14.05 10.13.14 24% after one year
then 2% per month €3.88 (1) (2) 152,944 (1) (2) 15,432 (1) (2) 384,568 (1) (2)
07.23.04 12 11.17.04 1,984,200
(1) (2) -
(France/
Italy)
11.17.05
(USA)
07.01.05
(France/
Italy)
11.16.14
(USA) (3)
06.15.09
(France/Italy) 24%
after one year
then 2% per month
(USA) 26% then by
tranche of 12% to
13% every
six months
€3.68 (1) (2)
(France)
€3.87 (1) (2)
(Italy)
€3.39 (1) (2)
(USA)
529,874 (1) (2) 2,634 (1) (2) 914,904 (1) (2)
09.21.05 13 02.23.06 2,711,784 (1) (2) - 02.23.07 02.22.11 25% per year from
02.23.07 €7.91 (1) (2) 214,288 (1) (2) 47,500 (1) (2) 2,074,088 (1) (2)
09.25.06 14 04.26.07 3,154,800 (2) 150,000 04.26.08 04.25.12 25% per year from
04.26.08 €17.65 (2) 143,246 (2) 86,706 (2) 2,837,148 (2)
09.25.06 15 06.22.07 24,072 (2) -06.22.08 06.21.12 25% per year from
06.22.08 €18.77 (2) 2,122 (2) 800 (2) 20,650 (2)
07.04.07 16 06.13.08 1,804,100 (2) -06.13.09 06.12.13 25% per year from
06.13.09 €27.75 (2) - 26,200 (2) 1,777,900 (2)
07.04.07 17 06.27.08 1,362,500 (2) 138,000 06.27.09 06.26.13 25% per year from
06.27.09 €27.66 (2) - 7,800 (2) 1,354,700 (2)
07.04.07 18 09.15.08 100,160 (2) - 09.15.09 09.14.13 25% per year from
09.15.09
€29.30 (2)
(France)
€28.13 (2)
(World)
- - 100,160 (2)
(1) Two-for-one stock split taking effect December 11, 2006.
(2) Two-for- one stock split taking effect November 14, 2008.
(3) Limitation of the exercise period approved by the Board of Directors on November 2, 2005 to ensure compliance with the maximum period allowed by US law.