Stock options

04/04/2019 - 00:30 PM

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The following table shows the stock options assigned to all the individuals who held the position of members of the Board of Directors, Director or Key Manager with Strategic Responsibilities during the 2018 financial year, or any part thereof.

Values expressed in thousands of euros

 

 

In the company drawing up

the financial statements

 In subsidiaries and associates

TOTAL

 

Name and surname

 

 

 

 

Position

 

 Chief Executive Officer
Key Managers with Strategic Responsibilities Key Managers with Strategic Responsibilities

Plan and respective resolution

 

 

Stock Option Plan

2014-2016

04/16/14

Stock Option Plan

2016

11/08/2016

 

Options held at the

beginning of the financial year

Number of options

 

1,704,571

632,184

2,336,755

Strike price

 

€ 0.94

€ 1.01

€ 1.15

R$ 8.0977 (2)

 

Possible exercise period (from/to)

 

2017 - 2020

2017-2022

 

Options allocated during

the financial year

Number of options

       

Strike price

       

Possible exercise period (from/to)

       

Fair value on allocation date

       

Allocation date

       

Market price of underlying options on allocation of options

       

Options exercised during

the financial year

Number of options

 

 

 

 

Strike price

 

 

 

 

Market price of underlying options on exercise date

 

 

 

 

Options expired during

the financial year

Number of options

 

627,445 (1)

632,184 3

1,259,629

Options held at the end of the financial year

(15)=(2)+(5)

-(11)-(14)

 

1,077,126

 

1,077,126

Options for the year

Fair value

 

 

 

 

 

 

(1) Balance between those options held at the time of sale, and those held at the time of entering/exiting the category of Key Managers with Strategic Responsibilities.

(2) The price exercised may be corrected based on conditions established in the plan.

(3) Options are acknowledged in cash based on the spread between the Exercise price and the average value of shares ON TIMP3, weighted for the volume negotiated, in the negotiation sessions of the 30 days prior to the transfer date.

 

 

In this page the columns of the Consob tables are  not present when no data is contained.

(*)Executives:

Stefano De Angelis

Chief Executive Officer TIM Brasil

Stefano Azzi

Head of Consumer & Small Enterprise (4)

Stefano Ciurli

Head of Wholesale  (4)   

Giovanni Ferigo

Head of  Technology (4)

Lorenzo Forina

Head of  Business & Top Clients (4)

Cristoforo Morandini

Head of Regulatory Affairs and Equivalence (4)

Mario Di Mauro

Head of Strategy, Innovation & Quality (5)

Michel Sibony

Head of  Procurement Unit & Real Estate (5)

Agostino Nuzzolo Head of Legal, Regulatory and Tax (6)
Head of Human Resources & Organizational Development (7)
Riccardo Meloni Head of Human Resources & Organizational Development (8)

Piergiorgio Peluso

Head of Administration, Finance and Control

Stefano Siragusa

Chief TIM Infrastructures Office (9)

(1 ) from 01 June 2017;

(2) until 31 May 2017;

(3) from 28 September 2017;

(4)  Amounts until 5 March 2018;

(5)  from 6 March 2018;

(6)  from 6 March 2018; until 5 March 2018 Head of Legal Affairs;

(7)  until 15 March 2018 the responsibility of Human Resources & Organizational Development department was assigned temporary to Mr. Nuzzolo;

(8)  from 16 March 2018;

(9)  from 12 March 2018;