Ubisoft 2014 Annual Report Download - page 177

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Financial statements
2014
172
Bonus share grants settled in shares
Bonus share grants, which are subject to performance conditions, are locked in for a two- or four-year
period following the grant date. As the shares granted are ordinary shares in the same category as the
old shares that comprise the Company’s share capital, employee shareholders receive dividends and
voting rights on all their shares at the end of the vesting period.
03/31/10
03/31/11
03/31/12
Grant date
04/09/09
11/17/09
12/15/09
06/30/10
11/15/10
06/24/11
06/24/11
Maturity - Vesting period (in years)
4 years
4 years
4 years
4 years
4 years
2 years
4 years
Number of instruments as at April 1,
2013
(1)
40,958
15,168
283,148
146,631
197,197
13,354
133,252
Number of instruments granted
during the period
-
-
-
-
-
-
-
Number of cancelled instruments
during the period
-
-
3,304
(7,079)
-
-
4,045
Number of instruments exercised
during the period
40,958
15,168
280,114
-
-
13,254
-
Number of instruments as at March
31, 2014
-
-
-
153,710
197,197
-
129,207
(1)
Number adjusted following issuance of share warrants on April 10, 2012
03/31/13
03/31/14
Grant date
10/19/12
10/19/12
02/08/13
05/14/13
06/17/13
10/09/13
10/29/13
Maturity - Vesting period (in years)
2 years
4 years
4 years
4 years
4 years
4 years
4 years
Number of instruments as at April 1,
2013
301,150
432,170
316,500
- -
-
-
Number of instruments granted during
the period
-
-
-
160,900
223,163
40,000
694,900
Number of cancelled instruments during
the period
13,450
7,440
6,000
5,300
-
-
11,540
Number of instruments exercised during
the period
-
-
-
-
-
-
-
Number of instruments as at March 31,
2014
287,700
424,730
310,500
155,600
223,163
40,000
683,360
03/31/14
TOTAL
Grant date
02/11/14
03/17/14
Maturity - Vesting period (in years)
4 years
4 years
Number of instruments as at April 1,
2013
-
-
1,879,528
Number of instruments granted during
the period
10,000
268,200
1,397,163
Number of cancelled instruments during
the period
-
-
56,135
Number of instruments exercised during
the period
-
-
349,594
Number of instruments as at March 31,
2014
10,000
268,200
2,883,367