ORCO PROPERTY GROUP | Stock Option Plan
Stock Option Plan
On January 21, 2008, a stock option plan was set up by the board of directors of Orco Property Group at a total number of 540,000 options exercisable at EUR 82.49.- per share for the period between 1 April 2008 to 1 April 2010. All powers were granted by the board to Mr Jean-François Ott to grant the stock option plan to employees of Orco Property Group. As at May 21, 2008, the stock option plan has not been granted to any employees yet.
On June 30 2007, a stock option plan was granted to employees at a total number of 500,000 options exercisable at €142 per share for the period between 1 July 2007 to 30 June 2009. As at May 21, 2008, the stock option plan has not been granted to any employees yet.
On 3 March 2006, a stock option plan was granted to employees at a total number of 350,000 options exercisable at €75.6 per share for the period between 3 March 2007 to 3 March 2012.
On 2 May 2005, a stock option was granted to employees at a total number of 150,000 options exercisable at €35.0 per share for the period between 2 May 2006 to 30 April 2010.
As of 31 December 2006, 99,500 options have been exercised and 367,500 options remain outstanding.