French Commercial code
In forceA special report informs the Ordinary General Meeting each year of the transactions carried out under the provisions of articles L. 225-177 to L. 225-186.
This report also gives an account of:
the number, expiry dates and prices of stock subscription or purchase options which, during the year and by virtue of the offices and positions held in the company, have been granted to each of these officers by the company and by those affiliated to it under the conditions set out in Article L. 225-180;
the number, expiry dates and prices of stock options granted during the year to each of these officers in respect of the offices and positions they hold in the company by controlled companies within the meaning of Article L. 233-16;
-of the number and price of shares subscribed or purchased during the financial year by the company's corporate officers by exercising one or more of the options held on the companies referred to in the previous two paragraphs.
This report also indicates:
the number, price and expiry dates of share subscription or purchase options granted during the year by the company and by companies or groupings affiliated to it under the conditions set out in Article L. 225-180, to each of the ten non-corporate officer employees of the company whose number of options thus granted is the highest;
the number and price of shares which, during the year, were subscribed for or purchased, by exercising one or more options held on the companies referred to in the previous paragraph, by each of the ten non-corporate officer employees of the company whose number of shares thus purchased or subscribed for is the highest.
This report also indicates the number, price and expiry dates of stock subscription or purchase options granted during the year by the companies referred to in the previous paragraph to all employee beneficiaries, as well as the number of such beneficiaries and the breakdown of options granted between the categories of such beneficiaries.
