Annual Report 2011

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, 2011 and as of December 31, 2010, are presented in the following tables (no stock options were granted since 2004):

As of December 31, 2011

Year of grant

Last year of expiry detail

 

 

 

 

 

 

 

Martín
Alonso

Federico
Vione

Christian
Vasino

Strike price
(CHF)

Granted

Exercised

Lapsed

Held by
Martín
Alonso

Held by
Federico
Vione

Held by
Christian
Vasino

 

Stock options held

2003

2012

2012

2012

78.50

36,500

3,200

26,000

6,000

800

500

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

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

Awards granted 2011
Share awards held as of December 31, 2011 granted on March 16, 2011 under the LTIP:

December 31, 2011

RSU awards

TSR awards [1]

Total

 

Patrick De Maeseneire

21,983

17,757

39,740

Total Executive Committee

72,536

56,967

129,503

Awards granted 2010
Share awards held as of December 31, 2011 and December 31, 2010 granted on March 16, 2010 under the LTIP:

December 31, 2011

RSU awards

TSR awards [1]

Total

 

Patrick De Maeseneire

16,737

20,277

37,014

Total Executive Committee

56,528

66,390

122,918

December 31, 2010

RSU awards

TSR awards [1]

Total

 

Patrick De Maeseneire

25,106

20,277

45,383

Total Executive Committee

90,135

72,801

162,936

Awards granted 2009
Share awards held as of December 31, 2011 and as of December 31, 2010 granted on March 16, 2009, and April 1, 2009 under the LTIP:

December 31, 2011

EPS awards [2]

TSR awards

Total

 

Patrick De Maeseneire [3]

22,500

22,500

45,000

Total Executive Committee

70,042

109,137

179,179

December 31, 2010

EPS awards [2]

TSR awards

Total

 

Patrick De Maeseneire [3]

22,500

22,500

45,000

Total Executive Committee

80,912

128,945

209,857

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

[2]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.

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