Half-Year Financial Report - For the Six Months Ended June 30, 2020

Chapter 2. Consolidated interim financial statements half-year ended june 30, 2020

Note 19 Publicis Groupe SA stock option and free share plans

A free share plan was created in the first half of 2020, with the following features:

  • ▶ Long Term Incentive “Sapient 2020 Plan” (May 2020)
    • The plan put in place for the exclusive benefit of directors and employees is made up of two tranches:
      • the first tranche is conditional only upon continued employment and gives rise to the delivery of one-fourth of the shares awarded on the dates of the first four anniversaries of the plan (i.e. in May 2021, 2022, 2023 and 2024),
      • in addition to the condition of continued employment, the second tranche is conditional upon performance criteria, and the total number of shares delivered shall depend on the level of targets achieved for 2020, 2021 and 2022. Delivery will take place at the end of a three-year period, in May 2023;
    •  In addition, the performance of the following plans was assessed in March 2020: 
      • LTIP 2019: the performance targets set for 2019 were 50% achieved,
      • Sapient 2017, 2018 and 2019 plans: the performance targets set for 2019 were 50% achieved,
      • Epsilon 2019-2021 replacement plans: the performance targets set for 2019 were achieved at an average of 66.5%.
Publicis Groupe share subscription or purchase option plans
/ Characteristics of Publicis Groupe stock option plans outstanding as of June 30, 2020
PlansTypeDate of grantOption exercise price

(in euros)

Options outstanding at January 1, 2020Options canceled, lapsed or transferred in first‑half 2020Options exercised in first‑half 2020Options outstanding at June 30, 2020Of which exercisable at June 30, 2020Exercise expiry dateRemaining contract life

(in years)

Lionlead3 2013-2016 France and outside France options

Lionlead3 2013-2016 France and outside France options

Type

A

Lionlead3 2013-2016 France and outside France options

Date of grant

04/30/2013

Lionlead3 2013-2016 France and outside France options

Option exercise price

(in euros)

52.76

Lionlead3 2013-2016 France and outside France options

Options outstanding at

January 1, 2020

1,091,937

Lionlead3 2013-2016 France and outside France options

Options canceled, lapsed or transferred in first‑half 2020

-

Lionlead3 2013-2016 France and outside France options

Options exercised in first‑half 2020

-

Lionlead3 2013-2016 France and outside France options

Options outstanding at

June 30, 2020

1,091,937

Lionlead3 2013-2016 France and outside France options

Of which exercisable at

June 30, 2020

1,091,937

Lionlead3 2013-2016 France and outside France options

Exercise expiry date

04/30/2023

Lionlead3 2013-2016 France and outside France options

Remaining contract life

(in years)

2.83

(1) A = stock options; S = share subscription options.

Movements in Publicis Groupe stock option plans in first‑half 2020

First-half 2020

Number of optionsAverage exercise price

(in euros)

Options at January 1, 2020

Options at January 1, 2020

First-half 2020

1,091,937

52.76
Options exercised in first half(1)

Options exercised in first half

(1)

First-half 2020

-

-
Cancelled or lapsed options in first half

Cancelled or lapsed options in first half

First-half 2020

-

-
Options outstanding at June 30, 2020

Options outstanding at

June 30, 2020

First-half 2020

1,091,937

52.76
Of which exercisable

Of which exercisable

First-half 2020

1,091,937

52.76
(1) Average share price on exercise (in euros).
n/a