Shareholdings of the Corporate Executive Committee and the Board of Directors
Equity overhang and dilution as of 31 December 2021
The equity overhang, defined as the total number of PSU outstanding (53,693 unvested PSU) divided by the total number of outstanding shares (49, 638,497 shares) is 0.11%. The burn rate, defined as the total number of equities (shares and performance share units) granted in 2021 (120,782 shares and 21,807 PSU) divided by the total number of outstanding shares, is 0.29 %.
Shareholdings and rights to performance share units of members of the Corporate Executive Committee 2021
|
Number of shares held as at 31.12.2021 1) |
Number of performance share units (LTI) held as at 31.12.2021 (at target) 2) |
Marc Werner |
1,390 |
7,634 |
Felix Burkhard |
14,674 |
7,307 |
Andreas Koch |
2,719 |
2,872 |
Daniele Madonna |
8,325 |
4,042 |
Virginie Pache |
1,072 |
1,300 |
Thomas Szuran |
2,315 |
4,784 |
1) Shares held by related parties of members of the Corporate Executive Committee are also included in the totals disclosed above
2) Each PSU transforms into a number (between 0 and 2) of shares at vesting and based on GEP and relative TSR target achievement
Shareholdings and rights to performance share units of members of the Corporate Executive Committee 2020
|
Number of shares held as at 31.12.2020 1) |
Number of performance share units (LTI) held as at 31.12.2020 (at target) 2) |
Marc Werner |
80 |
3,442 |
Felix Burkhard |
16,287 |
7,943 |
Andreas Koch |
1,690 |
2,121 |
Daniele Madonna |
6,328 |
4,271 |
Thomas Szuran |
1,375 |
3,285 |
1) Shares held by related parties of members of the Corporate Executive Committee are also included in the totals disclosed above
2) Each PSU transforms into a number (between 0 and 2) of shares at vesting and based on GEP achievement