XML 59 R52.htm IDEA: XBRL DOCUMENT v3.10.0.1
Share-Based Compensation (Tables)
 6 Months Ended
Jun. 30, 2018
Text block1 [abstract]  
Summary of Performance-Based RSU

The following table lists the inputs to the model used for the PSUs granted in May 2018:

 

Fair value at grant date (in Euros)

      15.31  

Share price at grant date (in Euros)

      10.27  

Dividend yield

      —    

Expected volatility

      75 % 

Risk-free interest rate (U.S. government bond yield)

      2.60 % 

Model used

      Monte Carlo  
Summary of Movements in Shares

The following table illustrates the number and movements in shares during the period:

 

     Performance-
Based RSU		      Restricted Stock Units      Equity Award Plans      Total  
     Potential Shares      Potential Shares      Potential Shares      Potential Shares  

At January 1, 2018

      3,257,840        944,500        95,340        4,297,680  
  

 

 

     

 

 

     

 

 

     

 

 

  

Granted(A)

      701,109        587,786        30,709        1,319,604  

Over-performance(B)

      295,517        —        —        295,517  

Vested

      (34,580 )       (80,000 )       (68,136 )       (182,716 ) 

Forfeited(C)

      (134,163 )       (27,059 )       —        (161,222 ) 
  

 

 

     

 

 

     

 

 

     

 

 

  

At June 30, 2018

      4,085,723        1,425,227        57,913        5,568,863  
  

 

 

     

 

 

     

 

 

     

 

 

  

 

(A) For PSUs, the number of potential shares granted is presented using a vesting multiplier of 1.
(B) When the achievement of TSR performance exceeds the vesting multiplier of 1, the additional potential shares are presented as over-performance shares.
(C) For potential shares related to PSUs, 106,163 were forfeited following the departure of certain beneficiaries and 28,000 were forfeited in relation to the non-fulfilment of performance conditions.