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149
32 Share-based compensation (continued)
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33 Operating leases
Our strategy
Our performance
Governan
Financials
Investors
Ahold Annual Report 2013
The following table summarizes the status of the share option plans during 2013 for the individual Management Board members and for all other employees in the aggregate.
Outstanding
Outstanding at
at the beginning
the end of
Description of grant
of 2013
Exercised
Forfeited
Expired 2013
Exercise price
Expiration date
Dick Boer
Ten-year 2004 grant21,000 21,000- - - 5.83 12/28/2013
Subtotal Management Board members
21,000
21,000
Weighted average exercise price
5.83
Other employees
Eight-year
928,552
540,860
- 387,692
6.36
Ten-year
541,132
429,232
- 75,900
36,000
6.36
Subtotal other employees
1,469,684
970,092
- 463,592
36,000
Total options
1,490,684
991,092
- 463,592
36,000
Weighted average exercise price
6.18
6.13
6.27
6.36
Weighted average share price at date of exercise
11.59
The following table summarizes information about the total number of outstanding share options as of December 29, 2013:
Number outstanding
and exercisable at
Remaining contractual
December 29, 2013
Exercise price
Expiration date
years
36,000 6.36 04/03/2015 1.26
Ahold as lessee
Ahold leases a significant number of its stores, as well as distribution centers, offices and other assets, under operating lease arrangements. The aggregate amounts of Ahold's minimum lease
commitments payable to third parties under non-cancelable operating lease contracts are as follows:
December 29,
December 30,
million
2013
2012
Within one year
687
692
Between one and five years
2,155
2,217
After five years
2,409
2,767
Total
5,251
5,676
Certain store leases provide for contingent additional rentals based on a percentage of sales and consumer price indices. Substantially all of the store leases have renewal options for additional
terms. None of Ahold's leases impose restrictions on Ahold's ability to pay dividends, incur additional debt or enter into additional leasing arrangements.
