2019 Annual financial report

Chapter 7. 2019 Annual financial statements

Movements in Publicis Groupe stock option plans over the last two financial years

2019

2018

 

Number of options

Average exercise price (in euros)

Number of options

Average exercise price (in euros)

Options at January 1

Options at January 1

2019

1,206,242

Options at January 1

2018

52.76

1,387,537

52.76

Options exercised(1)

Options exercised(1)

2019

-

Options exercised(1)

2018

 

(99,689)

52.76

Cancelled or lapsed options

Cancelled or lapsed options

2019

(114,305)

Cancelled or lapsed options

2018

52.76

(81,606)

52.76

Options outstanding at December 31

Options outstanding at December 31

2019

1,091,937

Options outstanding at December 31

2018

52.76

1,206,242

52.76

Of which exercisable

Of which exercisable

2019

1,091,937

Of which exercisable

2018

52.76

1,206,242

52.76

(1) Average share price on exercise (in euros) 

Publicis Groupe free share plans
Characteristics of Publicis Groupe free share plans outstanding at December 31, 2019

Plans

Date of grant Initial

Shares yet to vest as of January 1, 2019 or shares granted in 2019

Shares cancelled/(1), lapsed or transferred(2) in 2019

Shares vested in 2019((3)

Shares yet to vest at December 31, 2019

Delivery date

Remaining contract life (en années)

LTIP 2015 Plan – Outside France

LTIP 2015 Plan – Outside France

Date of grant Initial

17/04/2015

LTIP 2015 Plan – Outside France

Shares yet to vest as of January 1, 2019 or shares granted in 2019

184,947

LTIP 2015 Plan – Outside France

Shares cancelled/(1), lapsed or transferred(2) in 2019

(7,270)

LTIP 2015 Plan – Outside France

Shares vested in 2019((3)

(175,177)

LTIP 2015 Plan – Outside France

Shares yet to vest at December 31, 2019

2,500

LTIP 2015 Plan – Outside France

Delivery date

17/04/2019(4)

LTIP 2015 Plan – Outside France

Remaining contract life (en années)

-

Sapient 2015 Plan (4 years)

Sapient 2015 Plan (4 years)

Date of grant Initial

17/04/2015

Sapient 2015 Plan (4 years)

Shares yet to vest as of January 1, 2019 or shares granted in 2019

53,791

Sapient 2015 Plan (4 years)

Shares cancelled/(1), lapsed or transferred(2) in 2019

13,666

Sapient 2015 Plan (4 years)

Shares vested in 2019((3)

(67,457)

Sapient 2015 Plan (4 years)

Shares yet to vest at December 31, 2019

-

Sapient 2015 Plan (4 years)

Delivery date

17/04/2019

Sapient 2015 Plan (4 years)

Remaining contract life (en années)

-

LTIP 2016 Plan

LTIP 2016 Plan

Date of grant Initial

23/06/2016

LTIP 2016 Plan

Shares yet to vest as of January 1, 2019 or shares granted in 2019

299,900

LTIP 2016 Plan

Shares cancelled/(1), lapsed or transferred(2) in 2019

(12,800)

LTIP 2016 Plan

Shares vested in 2019((3)

(287,100)

LTIP 2016 Plan

Shares yet to vest at December 31, 2019

-

LTIP 2016 Plan

Delivery date

23/06/2019

LTIP 2016 Plan

Remaining contract life (en années)

-

LTIP 2016-2018 Plan Directoire & “Directoire +”

LTIP 2016-2018 Plan Directoire & “Directoire +”

Date of grant Initial

23/06/2016

LTIP 2016-2018 Plan Directoire & “Directoire +”

Shares yet to vest as of January 1, 2019 or shares granted in 2019

120,000

LTIP 2016-2018 Plan Directoire & “Directoire +”

Shares cancelled/(1), lapsed or transferred(2) in 2019

(60,000)

LTIP 2016-2018 Plan Directoire & “Directoire +”

Shares vested in 2019((3)

(60,000)

LTIP 2016-2018 Plan Directoire & “Directoire +”

Shares yet to vest at December 31, 2019

-

LTIP 2016-2018 Plan Directoire & “Directoire +”

Delivery date

23/06/2019

LTIP 2016-2018 Plan Directoire & “Directoire +”

Remaining contract life (en années)

-

LionLead3 2016-2018 Plan – France

LionLead3 2016-2018 Plan – France

Date of grant Initial

16/06/2016

LionLead3 2016-2018 Plan – France

Shares yet to vest as of January 1, 2019 or shares granted in 2019

520,319

LionLead3 2016-2018 Plan – France

Shares cancelled/(1), lapsed or transferred(2) in 2019

(382,154)

LionLead3 2016-2018 Plan – France

Shares vested in 2019((3)

(115,770)

LionLead3 2016-2018 Plan – France

Shares yet to vest at December 31, 2019

22,395

LionLead3 2016-2018 Plan – France

Delivery date

16/06/2019(4)

LionLead3 2016-2018 Plan – France

Remaining contract life (en années)

-

LionLead3 2016-2018 Plan – Outside France

LionLead3 2016-2018 Plan – Outside France

Date of grant Initial

16/06/2016

LionLead3 2016-2018 Plan – Outside France

Shares yet to vest as of January 1, 2019 or shares granted in 2019

2,429,775

LionLead3 2016-2018 Plan – Outside France

Shares cancelled/(1), lapsed or transferred(2) in 2019

(1,861,111)

LionLead3 2016-2018 Plan – Outside France

Shares vested in 2019((3)

-

LionLead3 2016-2018 Plan – Outside France

Shares yet to vest at December 31, 2019

568,664

LionLead3 2016-2018 Plan – Outside France

Delivery date

16/06/2020

LionLead3 2016-2018 Plan – Outside France

Remaining contract life (en années)

0.46

LionLead3 2016-2018 Plan – Directoire & “Directoire +”

LionLead3 2016-2018 Plan – Directoire & “Directoire +”

Date of grant Initial

16/06/2016

LionLead3 2016-2018 Plan – Directoire & “Directoire +”

Shares yet to vest as of January 1, 2019 or shares granted in 2019

660,231

LionLead3 2016-2018 Plan – Directoire & “Directoire +”

Shares cancelled/(1), lapsed or transferred(2) in 2019

(521,037)

LionLead3 2016-2018 Plan – Directoire & “Directoire +”

Shares vested in 2019((3)

(139,194)

LionLead3 2016-2018 Plan – Directoire & “Directoire +”

Shares yet to vest at December 31, 2019

-

LionLead3 2016-2018 Plan – Directoire & “Directoire +”

Delivery date

23/06/2019

LionLead3 2016-2018 Plan – Directoire & “Directoire +”

Remaining contract life (en années)

-

Sapient 2016 Plan (4 years)

Sapient 2016 Plan (4 years)

Date of grant Initial

15/04/2016

Sapient 2016 Plan (4 years)

Shares yet to vest as of January 1, 2019 or shares granted in 2019

135,801

Sapient 2016 Plan (4 years)

Shares cancelled/(1), lapsed or transferred(2) in 2019

(6,918)

Sapient 2016 Plan (4 years)

Shares vested in 2019((3)

(69 073)

Sapient 2016 Plan (4 years)

Shares yet to vest at December 31, 2019

59,810

Sapient 2016 Plan (4 years)

Delivery date

15/04/2020

Sapient 2016 Plan (4 years)

Remaining contract life (en années)

0.29

Sapient 2016 Plan (3 years)

Sapient 2016 Plan (3 years)

Date of grant Initial

15/04/2016

Sapient 2016 Plan (3 years)

Shares yet to vest as of January 1, 2019 or shares granted in 2019

7,980

Sapient 2016 Plan (3 years)

Shares cancelled/(1), lapsed or transferred(2) in 2019

3,990

Sapient 2016 Plan (3 years)

Shares vested in 2019((3)

(11,970)

Sapient 2016 Plan (3 years)

Shares yet to vest at December 31, 2019

-

Sapient 2016 Plan (3 years)

Delivery date

15/04/2019

Sapient 2016 Plan (3 years)

Remaining contract life (en années)

-

LTIP 2017 Plan

LTIP 2017 Plan

Date of grant Initial

18/05/2017

LTIP 2017 Plan

Shares yet to vest as of January 1, 2019 or shares granted in 2019

306,100

LTIP 2017 Plan

Shares cancelled/(1), lapsed or transferred(2) in 2019

(26,825)

LTIP 2017 Plan

Shares vested in 2019((3)

-

LTIP 2017 Plan

Shares yet to vest at December 31, 2019

279,275

LTIP 2017 Plan

Delivery date

18/05/2020

LTIP 2017 Plan

Remaining contract life (en années)

0.38

Sapient 2017 Plan (4 years)

Sapient 2017 Plan (4 years)

Date of grant Initial

15/06/2017

Sapient 2017 Plan (4 years)

Shares yet to vest as of January 1, 2019 or shares granted in 2019

156,607

Sapient 2017 Plan (4 years)

Shares cancelled/(1), lapsed or transferred(2) in 2019

(22,073)

Sapient 2017 Plan (4 years)

Shares vested in 2019((3)

(53,049)

Sapient 2017 Plan (4 years)

Shares yet to vest at December 31, 2019

81,485

Sapient 2017 Plan (4 years)

Delivery date

15/06/2021

Sapient 2017 Plan (4 years)

Remaining contract life (en années)

1.46

Sapient 2017 Plan (3 years)

Sapient 2017 Plan (3 years)

Date of grant Initial

15/06/2017

Sapient 2017 Plan (3 years)

Shares yet to vest as of January 1, 2019 or shares granted in 2019

241,233

Sapient 2017 Plan (3 years)

Shares cancelled/(1), lapsed or transferred(2) in 2019

(43,561)

Sapient 2017 Plan (3 years)

Shares vested in 2019((3)

(6,296)

Sapient 2017 Plan (3 years)

Shares yet to vest at December 31, 2019

191,376

Sapient 2017 Plan (3 years)

Delivery date

15/06/2020

Sapient 2017 Plan (3 years)

Remaining contract life (en années)

0.46

LTIP 2018 Plan

LTIP 2018 Plan

Date of grant Initial

17/04/2018

LTIP 2018 Plan

Shares yet to vest as of January 1, 2019 or shares granted in 2019

715,500

LTIP 2018 Plan

Shares cancelled/(1), lapsed or transferred(2) in 2019

(388,600)

LTIP 2018 Plan

Shares vested in 2019((3)

-

LTIP 2018 Plan

Shares yet to vest at December 31, 2019

326,900

LTIP 2018 Plan

Delivery date

17/04/2021

LTIP 2018 Plan

Remaining contract life (en années)

1.30

Sapient 2018 Plan (4 years)

Sapient 2018 Plan (4 years)

Date of grant Initial

17/04/2018

Sapient 2018 Plan (4 years)

Shares yet to vest as of January 1, 2019 or shares granted in 2019

217,527

Sapient 2018 Plan (4 years)

Shares cancelled/(1), lapsed or transferred(2) in 2019

(22,747)

Sapient 2018 Plan (4 years)

Shares vested in 2019((3)

(60,701)

Sapient 2018 Plan (4 years)

Shares yet to vest at December 31, 2019

134,079

Sapient 2018 Plan (4 years)

Delivery date

17/04/2022

Sapient 2018 Plan (4 years)

Remaining contract life (en années)

2.30

Sapient 2018 Plan (3 years)

Sapient 2018 Plan (3 years)

Date of grant Initial

17/04/2018

Sapient 2018 Plan (3 years)

Shares yet to vest as of January 1, 2019 or shares granted in 2019

269,704

Sapient 2018 Plan (3 years)

Shares cancelled/(1), lapsed or transferred(2) in 2019

(68,085)

Sapient 2018 Plan (3 years)

Shares vested in 2019((3)

-

Sapient 2018 Plan (3 years)

Shares yet to vest at December 31, 2019

201,619

Sapient 2018 Plan (3 years)

Delivery date

17/04/2021

Sapient 2018 Plan (3 years)

Remaining contract life (en années)

1.30

Sprint to the Future 2018-2020 – Excluding Directoire (5)

Sprint to the Future 2018-2020 – Excluding Directoire (5)

Date of grant Initial

18/05/2018

Sprint to the Future 2018-2020 – Excluding Directoire (5)

Shares yet to vest as of January 1, 2019 or shares granted in 2019

773,440

Sprint to the Future 2018-2020 – Excluding Directoire (5)

Shares cancelled/(1), lapsed or transferred(2) in 2019

(725,100)

Sprint to the Future 2018-2020 – Excluding Directoire (5)

Shares vested in 2019((3)

-

Sprint to the Future 2018-2020 – Excluding Directoire (5)

Shares yet to vest at December 31, 2019

48,340

Sprint to the Future 2018-2020 – Excluding Directoire (5)

Delivery date

01/06/2021

Sprint to the Future 2018-2020 – Excluding Directoire (5)

Remaining contract life (en années)

1.42

Sprint to the Future 2018- 2020 – Directoire(5)

Sprint to the Future 2018- 2020 – Directoire(5)

Date of grant Initial

01/06/2018

Sprint to the Future 2018- 2020 – Directoire(5)

Shares yet to vest as of January 1, 2019 or shares granted in 2019

306,156

Sprint to the Future 2018- 2020 – Directoire(5)

Shares cancelled/(1), lapsed or transferred(2) in 2019

(306,156)

Sprint to the Future 2018- 2020 – Directoire(5)

Shares vested in 2019((3)

-

Sprint to the Future 2018- 2020 – Directoire(5)

Shares yet to vest at December 31, 2019

-

Sprint to the Future 2018- 2020 – Directoire(5)

Delivery date

01/06/2021

Sprint to the Future 2018- 2020 – Directoire(5)

Remaining contract life (en années)

1.42

LTIP 2019 Plan

LTIP 2019 Plan

Date of grant Initial

28/05/2019

LTIP 2019 Plan

Shares yet to vest as of January 1, 2019 or shares granted in 2019

335,950

LTIP 2019 Plan

Shares cancelled/(1), lapsed or transferred(2) in 2019

(8,500)

LTIP 2019 Plan

Shares vested in 2019((3)

-

LTIP 2019 Plan

Shares yet to vest at December 31, 2019

327,450

LTIP 2019 Plan

Delivery date

28/05/2022

LTIP 2019 Plan

Remaining contract life (en années)

2.41

Sapient 2019 Plan (4 years)

Sapient 2019 Plan (4 years)

Date of grant Initial

28/05/2019

Sapient 2019 Plan (4 years)

Shares yet to vest as of January 1, 2019 or shares granted in 2019

240,210

Sapient 2019 Plan (4 years)

Shares cancelled/(1), lapsed or transferred(2) in 2019

(6,850)

Sapient 2019 Plan (4 years)

Shares vested in 2019((3)

-

Sapient 2019 Plan (4 years)

Shares yet to vest at December 31, 2019

233,360

Sapient 2019 Plan (4 years)

Delivery date

28/05/2023

Sapient 2019 Plan (4 years)

Remaining contract life (en années)

3.41

Sapient 2019 Plan (3 years)

Sapient 2019 Plan (3 years)

Date of grant Initial

28/05/2019

Sapient 2019 Plan (3 years)

Shares yet to vest as of January 1, 2019 or shares granted in 2019

345,289

Sapient 2019 Plan (3 years)

Shares cancelled/(1), lapsed or transferred(2) in 2019

(10,275)

Sapient 2019 Plan (3 years)

Shares vested in 2019((3)

-

Sapient 2019 Plan (3 years)

Shares yet to vest at December 31, 2019

335,014

Sapient 2019 Plan (3 years)

Delivery date

28/05/2022

Sapient 2019 Plan (3 years)

Remaining contract life (en années)

2.41

LTIP 2019-2021 Directoire Plan

LTIP 2019-2021 Directoire Plan

Date of grant Initial

14/06/2019

LTIP 2019-2021 Directoire Plan

Shares yet to vest as of January 1, 2019 or shares granted in 2019

170,000

LTIP 2019-2021 Directoire Plan

Shares cancelled/(1), lapsed or transferred(2) in 2019

-

LTIP 2019-2021 Directoire Plan

Shares vested in 2019((3)

-

LTIP 2019-2021 Directoire Plan

Shares yet to vest at December 31, 2019

170,000

LTIP 2019-2021 Directoire Plan

Delivery date

28/05/2022

LTIP 2019-2021 Directoire Plan

Remaining contract life (en années)

2.45

Star Growth Performers Plan/2019 special plan

Star Growth Performers Plan/2019 special plan

Date of grant Initial

28/05/2019

Star Growth Performers Plan/2019 special plan

Shares yet to vest as of January 1, 2019 or shares granted in 2019

262,700

Star Growth Performers Plan/2019 special plan

Shares cancelled/(1), lapsed or transferred(2) in 2019

(11,500)

Star Growth Performers Plan/2019 special plan

Shares vested in 2019((3)

-

Star Growth Performers Plan/2019 special plan

Shares yet to vest at December 31, 2019

251,200

Star Growth Performers Plan/2019 special plan

Delivery date

28/05/2022

Star Growth Performers Plan/2019 special plan

Remaining contract life (en années)

2.41

2019 Epsilon replacement plan

2019 Epsilon replacement plan

Date of grant Initial

15/07/2019

2019 Epsilon replacement plan

Shares yet to vest as of January 1, 2019 or shares granted in 2019

628,681

2019 Epsilon replacement plan

Shares cancelled/(1), lapsed or transferred(2) in 2019

(31,546)

2019 Epsilon replacement plan

Shares vested in 2019((3)

-

2019 Epsilon replacement plan

Shares yet to vest at December 31, 2019

597,135

2019 Epsilon replacement plan

Delivery date

3/3/2022

2019 Epsilon replacement plan

Remaining contract life (en années)

2.17

2019 special retention plan

2019 special retention plan

Date of grant Initial

15/11/2019

2019 special retention plan

Shares yet to vest as of January 1, 2019 or shares granted in 2019

765,110

2019 special retention plan

Shares cancelled/(1), lapsed or transferred(2) in 2019

-

2019 special retention plan

Shares vested in 2019((3)

-

2019 special retention plan

Shares yet to vest at December 31, 2019

765,110

2019 special retention plan

Delivery date

31/3/2023

2019 special retention plan

Remaining contract life (en années)

3.25

Total free share plans

Total free share plans

Date of grant Initial

 

Total free share plans

Shares yet to vest as of January 1, 2019 or shares granted in 2019

10,146,951

Total free share plans

Shares cancelled/(1), lapsed or transferred(2) in 2019

(4,505,452)

Total free share plans

Shares vested in 2019((3)

(1,045,787)

Total free share plans

Shares yet to vest at December 31, 2019

4,595,712

Total free share plans

Delivery date

 

Total free share plans

Remaining contract life (en années)

 

(1) Corrections pertaining to prior cancellations were made in 2019 for the Sapient plans, potentially leading to a positive net cancellation balance.
(2) These relate to any transfers between French and foreign plans due to the geographic mobility of beneficiaries.
(3) In exceptional cases, as described in the plan regulations, shares may be delivered prior to the end of the vesting period.
(4) The delivery of shares not yet delivered at December 31, 2019 will begin in early 2020.
(5) Although the performance measurement period is not yet ended, the performances recorded for 2018 and 2019 mean that the plan objectives will not even be partly achieved. The shares initially granted are thus considered cancelled, except for one participant for whom these shares will be delivered at the planned maturity date, subject solely to continued employment.