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Luxottica Group, S.p.A. (LUX)
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LUX » Topics » Majority Shareholder Stock Incentive Plan

This excerpt taken from the LUX 20-F filed Jun 29, 2005.

Majority Shareholder Stock Incentive Plan

 

On September 14, 2004, we announced that our majority shareholder, Mr. Leonardo Del Vecchio, has allocated shares held through the holding company of the Del Vecchio family, La Leonardo Finanziaria S.r.l., representing 2.11 percent of our current authorized and issued share capital, to a stock option plan for top management of the Company. The stock options to be issued under the plan vest upon meeting certain economic objectives.

 

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