Global performance share plans as of December 31, 2017:
|
|
|
Performance shares |
|
Confirmed payout |
|
Performance |
|
Restriction |
|
Settlement |
|
Plan |
|
outstanding at target |
|
(% of target) |
|
period |
|
period(1) |
|
year |
|
2014 |
|
– |
|
126 |
|
2014-2015 |
|
2016 |
|
2017 |
|
2015 |
|
10 167 021 |
|
124 |
|
2015-2016 |
|
2017 |
|
2018 |
|
2016 |
|
20 717 300 |
|
46 |
|
2016-2017 |
|
2018 |
|
2019 |
|
2017 |
|
29 631 922 |
|
|
|
2017-2018 |
|
2019 |
|
2020 |
|
(1) |
The restriction period will be no less than one year from the end of the performance period. |
Performance criteria for the 2017 Plan for the year ended December 31:
|
|
|
Threshold performance |
|
Maximum performance |
|
Weight |
|
Performance criteria(1) |
|
EUR |
|
EUR |
|
% |
|
Average annual net sales 2017-2018 |
|
22 842 |
million |
26 280 |
million |
50 |
|
Average annual diluted EPS 2017-2018 |
|
0.26 |
|
0.38 |
|
50 |
|
(1) |
Excludes costs related to the acquisition of Alcatel Lucent and related integration, goodwill impairment charges, intangible asset amortization and other purchase price fair value adjustments, restructuring and associated charges and certain other items. |