CGG | CIK:0001037962 | 3

  • Filed: 3/29/2018
  • Entity registrant name: CGG (CIK: 0001037962)
  • Generator: Donnelley Financial Solutions
  • SEC filing page: http://www.sec.gov/Archives/edgar/data/1037962/000119312518101439/0001193125-18-101439-index.htm
  • XBRL Instance: http://www.sec.gov/Archives/edgar/data/1037962/000119312518101439/cgg-20171231.xml
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  • ifrs-full:DisclosureOfRangeOfExercisePricesOfOutstandingShareOptionsExplanatory

    Information related to options outstanding at December 31, 2017 is summarized below:

     

    Date of Board of
    Directors’ Resolution

      Options
    granted
        Options granted
    after capital
    operations(a)
        Options
    outstanding at
    Dec. 31,
    2017(b) (c) (d)
        Exercise price
    per share
    (€)(b) (c) (d)
        Expiration date     Remaining
    duration
     

    January 06, 2010

        220,000       8,668       8,668       373.44       January 06, 2018       0.2 months  

    March 22, 2010

        1,548,150       60,980       51,394       493.44       March 22, 2018       2.7 months  

    October 21, 2010

        120,000       4,727       1,564       428.80       October 21, 2018       9.7 months  

    March 24, 2011

        1,164,363       45,863       38,345       646.72       March 24, 2019       14.7 months  

    June 26, 2012

        1,410,625       55,563       19,720       476.48       June 26, 2020       29.9 months  

    June 24, 2013

        1,642,574       61,443       30,817       493.44       June 24, 2021       41.8 months  

    June 26, 2014

        1,655,843       61,939       41,353       274.88       June 26, 2022       53.9 months  

    June 25, 2015

        1,769,890       66,205       47,790       160.64       June 25, 2023       65.8 months  

    June 23, 2016

        6,658,848       208,089       184,732       21.76       June 23, 2024       77.8 months  
     

     

     

       

     

     

       

     

     

           

    Total

        16,190,293       573,477       424,383        
     

     

     

       

     

     

       

     

     

           

     

    (a) 

    Options granted adjusted following 2012 and 2016 capital increases and 2016 reverse split

    (b) 

    Following the capital increase in October 2012, the stock options were adjusted as follows:

     

    Date of stock options

       Adjustment of
    number of
    options as of
    October 23,
    2012
         Exercise price
    before
    adjustment
    per share (€)
         Adjusted
    exercise price
    per share (€)
     

    January 06, 2010

         231,538        14.71        13.98  

    March 22, 2010

         1,430,622        19.44        18.47  

    October 21, 2010

         126,291        16.88        16.05  

    March 24, 2011

         1,150,636        25.48        24.21  

    June 26, 2012

         1,483,424        18.77        17.84  

     

    (c) 

    Following the capital increase in February 2016, the stock options were adjusted as follows:

     

    Date of stock options

       Adjustment of
    number of
    options as of
    February 29,
    2016
         Exercise price
    before
    adjustment
    per share (€)
         Adjusted
    exercise price
    per share (€)
     

    January 06, 2010

         277,370        13.98        11.67  

    March 22, 2010

         1,675,700        18.47        15.42  

    October 21, 2010

         100,072        16.05        13.40  

    March 24, 2011

         1,287,848        24.21        20.21  

    June 26, 2012

         1,061,569        17.84        14.89  

    June 24, 2013

         1,495,770        18.47        15.42  

    June 26, 2014

         1,782,127        10.29        8.59  

    June 25, 2015

         1,998,861        6.01        5.02  

     

    (d) 

    Following the reverse split in July 2016, the stock options were adjusted as follows:

     

    Date of stock options

       Adjustment of
    number of
    options as of
    July 20,
    2016
         Exercise price
    before
    adjustment
    per share (€)
         Adjusted
    exercise price
    per share (€)
     

    January 06, 2010

         8,668        11.67        373.44  

    March 22, 2010

         52,183        15.42        493.44  

    October 21, 2010

         3,128        13.40        428.80  

    March 24, 2011

         40,167        20.21        646.72  

    June 26, 2012

         20,766        14.89        476.48  

    June 24, 2013

         43,238        15.42        493.44  

    June 26, 2014

         49,660        8.59        274.88  

    June 25, 2015

         63,013        5.02        160.64  

    June 23, 2016

         208,089        0.68        21.76