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Pursuant to the terms of the reassignment program, Luxottica Group accepted for cancellation options to purchase 3,725,000 ordinary shares, representing approximately 99.6% of the shares underlying all eligible options held by employees domiciled in the U.S. Of this amount, 825,000 shares were subject to options issued under the 2006 and 2007 stock option grants, while 2,900,000 shares were subject to options issued under the 2006 3-year extraordinary performance stock option grant.
Pursuant to the terms and conditions of the reassignment program, on June 12, 2009, Luxottica Group issued to employees domiciled in the U.S. who properly tendered eligible options new options to purchase an aggregate of 2,275,000 ordinary shares, consisting of new options issued under the Luxottica 2001 Stock Option Plan to purchase an aggregate of 825,000 ordinary shares and new performance options issued under the Luxottica 2006 Stock Option Plan to purchase an aggregate of 1,450,000 ordinary shares.
The new options issued under the Luxottica 2001 Stock Option Plan have an exercise price of euro 15.03 per share. The new performance options issued under the Luxottica 2006 Stock Option Plan have an exercise price of euro 15.11 per share.
The full terms and conditions of the reassignment program are set forth in a Tender Offer Statement on Schedule TO, as amended, that Luxottica has filed with the SEC.
In accordance with Italian law, further information is provided in the attached Table 1 of scheme 7 of Annex 3A to Regulations CONSOB n.11971/99.
SHARE-BASED PAYMENT SCHEMES - STOCK OPTION GRANT 2009
ORDINARY GRANT 2009
Table 1 of scheme 7 of Annex 3A to Regulations
for Issuers dated 11971/99
BOX 2
Options (option grant)
Section 2
New options granted by the board on the
basis of resolutions previously adopted
by the GM
Position
(to be
specified No. of
only for instruments
individuals Date approved underlying
listed by shareholders Description options
Name or Category by name) in AGM of instrument awarded
BOXER MICHAEL Director in a September 20, Stock option 40,000
subsidiary 2001
company
BRADLEY KERRY M. Director in a September 20, Stock option 70,000
subsidiary 2001
company
COLEMAN THOMAS L. Director in a September 20, Stock option 40,000
subsidiary 2001
company
DENNIS JACK Director in a September 20, Stock option 40,000
subsidiary 2001
company
FAY PIERRE Director in a September 20, Stock option 60,000
subsidiary 2001
company
GIANNOLA VITO Director in a September 20, Stock option 10,000
subsidiary 2001
company
LOVEJOY WALLACE W. Director in a September 20, Stock option 10,000
subsidiary 2001
company
MICHEL BRIAN Director in a September 20, Stock option 5,000
subsidiary 2001
company
Other managers September 20, Stock option 550,000
and employees 2001
domiciled in
the United
States (42)
SHARE-BASED PAYMENT SCHEMES - STOCK OPTION GRANT 2009
ORDINARY GRANT 2009
Table 1 of scheme 7 of Annex 3A to Regulations
for Issuers dated 11971/99
BOX 2
Options (option grant)
Section 2
New options granted by the board on the
basis of resolutions previously adopted
by the GM
Position Date of Market Expiration
(to be award by price for date
specified competent instruments
only for governing Strike as at the
Name or individuals body price award date
Category listed
BOXER Director June 12, euro 15.03 euro 14.79 March 31,
MICHAEL in a 2009 2017
subsidiary
company
BRADLEY Director June 12, euro 15.03 euro 14.79 March 31,
KERRY M. in a 2009 2017
subsidiary
company
COLEMAN Director June 12, euro 15.03 euro 14.79 March 31,
THOMAS L. in a 2009 2017
subsidiary
company
DENNIS Director June 12, euro 15.03 euro 14.79 March 31,
JACK in a 2009 2017
subsidiary
company
FAY Director June 12, euro 15.03 euro 14.79 March 31,
PIERRE in a 2009 2017
subsidiary
company
GIANNOLA Director June 12, euro 15.03 euro 14.79 March 31,
VITO in a 2009 2017
subsidiary
company
LOVEJOY Director June 12, euro 15.03 euro 14.79 March 31,
WALLACE W. in a 2009 2017
subsidiary
company
MICHEL Director June 12, euro 15.03 euro 14.79 March 31,
BRIAN in a 2009 2017
subsidiary
company
Other June 12, euro 15.03 euro 14.79 March 31,
managers 2009 2017
and
employees
domiciled
in the
United
States
(42)
SHARE-BASED PAYMENT SCHEMES - STOCK OPTION GRANT 2009
EXTRAORDINARY GRANT 2009 (PERFORMANCE OPTIONS)
Table 1 of scheme 7 of Annex 3A to Regulations
for Issuers dated 11971/99
BOX 2
Options (option grant)
Section 2
New options granted by the board on
the basis of resolutions previously
adopted by the GM
Position
(to be
specified Date No. of
only for approved instruments
individuals by Description underlying
Name or listed by shareholders of options
Category name) in AGM instrument awarded
BOXER MICHAEL Director in a June 14, Stock option 50,000
subsidiary 2006
company
BRADLEY KERRY M. Director in a June 14, Stock option 550,000
subsidiary 2006
company
COLEMAN THOMAS L. Director in a June 14, Stock option 50,000
subsidiary 2006
company
Other managers and June 14, Stock option 600,000
employees 2006
domiciled in the
United States (9)
SHARE-BASED PAYMENT SCHEMES - STOCK OPTION GRANT 2009
EXTRAORDINARY GRANT 2009 (PERFORMANCE OPTIONS)
Table 1 of scheme 7 of Annex 3A to Regulations
for Issuers dated 11971/99
BOX 2
Options (option grant)
Section 2
New options granted by the board on
the basis of resolutions previously
adopted by the GM
Position Date of Market
(to be award by price for
specified competent instruments
only for governing Strike as at the Expiration
Name or individuals body price award date date
Category listed (BOD)
BOXER Director in a June 12, euro 15.11 euro 14.79 June 12,
MICHAEL subsidiary 2009 2018
company
BRADLEY Director in a June 12, euro 15.11 euro 14.79 June 12,
KERRY M. subsidiary 2009 2018
company
COLEMAN Director in a June 12, euro 15.11 euro 14.79 June 12,
THOMAS L. subsidiary 2009 2018
company
Other
managers June 12, euro 15.11 euro 14.79 June 12,
and employees 2009 2018
domiciled in the
United States
(9)
SOURCE Luxottica Group S.p.A.
http://www.luxottica.com
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