32 Share-based compensation (continued)
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
Ahold Annual Report 2012 132
Ahold at a glance
Our strategy
Our performance
Governance
Financials
Investors
Notes to the consolidated
financial statements
The following table summarizes the status of the GRO program during 2012 for the individual Corporate Executive Board members and for all other employees in the aggregate.
Outstanding at
the beginning
of 2012
Granted1
Vested2
Outstanding at
the end
Forfeited of 2012
Minimum
number of
shares3
Maximum
number of
shares4
Fair value per
share at the
grant date
Dick Boer
Five-year 2007 grant
39,779
3,977
43,756
8.03
Five-year 2008 grant
52,674
52,674
79,011
8.04
Three-year 2009 grant
54,706
54,706
8.04
Five-year 2009 grant
54,706
54,706
82,059
7.02
Three-year 201 0 grant
33,671
33,671
33,671
33,671
9.50
Five-year 2010 grant
33,671
33,671
50,506
7.29
Three-year 2011 grant
65,965
65,965
65,965
65,965
8.59
Five-year 2011 grant
65,965
65,965
98,947
6.00
Three-year 2012 grant
73,026
73,026
73,026
73,026
9.23
Five-year 2012 grant
73,026
- 73,026
109,539
7.81
Jeff Carr
Three-year 2011 grant
49,889
499
50,388
50,388
50,388
8.31
Five-year 2011 grant
49,889
499
50,388
75,582
5.80
Three-year 2012 grant
45,405
- 45,405
45,405
45,405
9.23
Five-year 2012 grant
45,405
- 45,405
68,107
7.81
Lodewijk Hijmans van den Bergh
Three-year 201 0 grant
30,472
- 30,472
30,472
30,472
9.50
Five-year 2010 grant
30,472
- 30,472
45,708
7.29
Three-year 2011 grant
34,902
- 34,902
34,902
34,902
8.59
Five-year 2011 grant
34,902
- 34,902
52,353
6.00
Three-year 2012 grant
40,108
40,108
40,108
40,108
9.23
Five-year 2012 grant
40,108
40,108
60,162
7.81
James McCann
Three-year 2011 grant
49,889
499
50,388
50,388
50,388
8.31
Five-year 2011 grant
49,889
499
- 50,388
75,582
5.80
Three-year 2012 grant
45,405
- 45,405
45,405
45,405
9.23
Five-year 2012 grant
45,405
- 45,405
68,107
7.81
Subtotal CEB members
731,441
413,861
98,462
- 1,046,840
469,730
1,335,393
1 Represents the number of shares originally granted for the 2012 grant. For the five-year 2007 grant, the number of shares granted in 2012 represents the additional number of shares granted based on the final TSR ranking. For the 2011 grant,
the additional shares granted to Jeff Carr and James McCann relate to the final annual cash incentive plan multiplier for the year 2011 as determined in the year 2012.
2 The vesting date of the five-year 2007 grant and the three year 2009 grant was on April 18, 2012. The Euronext closing share price was €10.41 as of April 18, 2012.
3 For the three-year grants, the minimum number of shares equals the number of outstanding shares. For the five-year grants, the minimum number of shares would be nil if Ahold's ranking was eight or lower (as explained in the section
characteristics above).
4 For the three-year grants, the maximum number cf shares equals the number of outstanding shares. For the five-year grants, the maximum number of shares equals 150% cf outstanding shares if Ahold's ranking is one (as explained in the section Main
characteristics above).
