Gsk employee stock options
GlaxoSmithKline Employee Stock Option Plan Debt Guarantee (Quarterly) (GSK)
The Group operates share option schemes, whereby options are granted to employees to acquire shares or ADSs in GlaxoSmithKline plc at the grant price, savings-related share option schemes and share award schemes, whereby awards are granted to employees to acquire shares or ADSs in GlaxoSmithKline plc at no cost, subject to the achievement by the Group of specified performance targets. In , the Group introduced a new share award scheme, the Share Value Plan, whereby awards are granted to employees to acquire shares or ADSs in GlaxoSmithKline plc at no cost after a three year vesting period.
The granting of restricted share awards has replaced the granting of options to certain employees as the cost of the scheme more readily equates to the potential gain to be made by the employee. Grants under share option schemes are normally exercisable between three and ten years from the date of grant.
Options under the share option schemes are granted at the market price ruling at the date of grant. Share options awarded to the Directors and, with effect from the grant, the CET are subject to performance criteria.
This excerpt taken from the GSK F filed Mar 2, Share options awarded to the Directors and, with effect from the grant, the CET are subject to performance criteria as laid out in the Remuneration Report.
The stock-based compensation charge has been recorded in the income statement as follows: From the makers of. BALANCE INCOME CASH FLOW. This excerpt taken from the GSK F filed Feb 29, EXCERPTS ON THIS PAGE: RELATED TOPICS for GSK: Commitments Foreign Exchange Sensitivity VIEW MORE.
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GSK wants staff to plan their future - Employee Benefits
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How To Invest Personal Finance Options Definitions. GSK Annual Report Notes to the financial statements. Feb 29, F. Mar 2, RELATED TOPICS for GSK: