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This section has been audited as part of the Financial Notes to the Consolidated Statements of Geberit Group.
Geberit is committed to a vigilant management of equity dilution. As of 31 December 2015, the Board of Directors, the Group Executive Board and the employees owned a combined total of 357,850 (previous year 340,295) shares, i.e. 0.9% (previous year 0.9%) of the share capital of Geberit AG.
The following table summarises all option plans in place as of 31 December 2015:
End of vesting period | Maturity | Number of options outstanding |
Ø exercise price CHF |
Number of options in the money |
Ø exercise price CHF |
|
---|---|---|---|---|---|---|
Vested | 2016–2021 | 49,223 | 232.22 | 49,223 | 232.22 | |
2016 | 2017–2022 | 109,962 | 254.97 | 96,743 | 242.10 | |
2017 | 2020–2022 | 91,060 | 288.83 | 62,884 | 261.81 | |
2018 | 2021–2022 | 68,663 | 311.27 | 40,486 | 281.95 | |
2019 | 2022 | 28,176 | 349.15 | 0 | 0 | |
Total | 347,084 | 279.07 | 249,336 | 251.59 |
The following movements took place in 2015 and 2014:
MSOP | MSPP | Total 2015 | Total 2014 | ||||||||
---|---|---|---|---|---|---|---|---|---|---|---|
Number of options |
Ø exercise price |
Number of options |
Ø exercise price |
Number of options |
Ø exercise price |
Number of options |
Ø exercise price |
||||
CHF | CHF | CHF | CHF | ||||||||
Outstanding 1 January | 274,454 | 248.26 | 28,460 | 245.33 | 302,914 | 247.98 | 263,893 | 213.39 | |||
Granted options | 85,131 | 349.15 | 12,616 | 349.15 | 97,747 | 349.15 | 140,395 | 281.95 | |||
Forfeited options | 1,111 | 247.29 | 15 | 221.23 | 1,126 | 246.95 | 16,784 | 249.89 | |||
Expired options | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |||
Exercised options | 46,263 | 232.60 | 6,188 | 217.77 | 52,451 | 230.85 | 84,590 | 196.08 | |||
Outstanding 31 December | 312,211 | 278.09 | 34,873 | 287.80 | 347,084 | 279.07 | 302,914 | 247.98 | |||
Exercisable at 31 December | 41,440 | 232.93 | 7,783 | 228.46 | 49,223 | 232.22 | 30,847 | 208.06 |
The options outstanding at 31 December 2015 had an exercise price between CHF 192.85 and CHF 349.15 and an average remaining contractual life of 4.6 years.