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Luxottica Group, S.p.A. (LUX)
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LUX » Topics » (b) Stock Performance Plan issued in July 2006 for a total of 3,500,000 options granted

This excerpt taken from the LUX 6-K filed Jun 4, 2008.

(b) Stock Performance Plan issued in July 2006 for a total of 3,500,000 options granted

 

As of December 31, 2007 there was Euro 27.1 million of total unrecognized compensation cost related to non-vested share-based compensation arrangements; that cost is expected to be recognized over a period of 0.7 years.

 

Cash received from option exercises under all share-based arrangements and actual tax benefits realized for the tax deductions from option exercises are disclosed in the consolidated statements of shareholders’ Equity.

 

This excerpt taken from the LUX 6-K filed May 25, 2007.

(c)           Stock Performance Plan issued in July 2006 for a total of 3,500,000 options granted.

For Stock Option Plans, the Company has estimated a forfeiture rate of approximately 6% for each year presented. For Stock Performance Plans, the Company has estimated a 0% (zero) forfeiture rate for each year presented.

EXCERPTS ON THIS PAGE:

6-K
Jun 4, 2008
6-K
May 25, 2007

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