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Details of compensation elements

3.5 Stock options and share awards held by and granted to Governing Bodies

3.5.1 Stock options

Stock options outstanding, as granted since the merger of Adia and Ecco in 1996, exercised by, lapsed from, and held by the members of Governing Bodies in office as of December 31, 2010 and as of December 31, 2009, are presented in the following tables (no stock options were granted since 2004):

As of December 31, 2010

Year of grant

Last year of expiry detail

 

 

 

 

 

 

Federico Vione

Christian Vasino

Strike price (CHF)

Granted

Exercised

Lapsed

Held by
Federico Vione

Held by
Christian Vasino

 

 

 

Stock options held

 

 

2003

2012

2012

78.50

6,500

3,200

1,500

800

1,000

As of December 31, 2009

 

 

Last year of expiry detail

 

 

 

 

 

 

 

 

Year of grant

Mark
Du Ree

Enrique
Sanchez

Federico
Vione

Christian
Vasino

Strike price
(CHF)

Granted

Exercised

Lapsed

Held by
Mark
Du Ree

Held by
Enrique
Sanchez

Held by
Federico
Vione

Held by
Christian
Vasino

 

Stock options held

2001

2010

2010

2010

 

85.27

38,000

2,600

27,800

1,600

5,000

1,000

 

2002

2010

 

 

 

60.00

100,000

80,000

 

20,000

 

 

 

2003

 

 

2012

2012

78.50

6,500

3,200

1,000

 

 

800

1,500

One option entitles the holder to purchase one Adecco S.A. share under the conditions as outlined in the respective plan.

Options shown as “held” in the tables above are included as part of the total options outstanding presented in the table appearing in the Corporate Governance Report, section 2.7 “Convertible notes and options” and Note 9 “Stock-based compensation” to the consolidated financial statements.

For additional information on stock options, refer to the Corporate Governance Report, section 2.7 “Convertible notes and options”.

3.5.2 Share awards

Share awards as of December 31, 2010 granted on March 16, 2010 under the LTIP:

 

RSU awards

TSR awards [1]

Total

 

Patrick De Maeseneire

25,106

20,277

45,383

Total Executive Committee

90,135

72,801

162,936

[1]Split into relative TSR, absolute TSR, and additional TSR awards (one third each).

Share awards as of December 31, 2010 and as of December 31, 2009 granted on March 16, 2009, and April 1, 2009 under the LTIP:

 

EPS awards [1]

TSR awards

Total

 

Patrick De Maeseneire [2]

22,500

22,500

45,000

Total Executive Committee

80,912

128,945

209,857

[1]For EPS awards refer to the description of the long-term incentive plan for the awards granted in 2009 as described on pages 189 and 190 of the Annual Report 2009.

[2]Special conditions: grant date April 1, 2009, vesting of 58% of the awards granted is guaranteed, subject to continued employment.