Last update: August 6, 2010

Stock grants and stock options assigned to directors, general managers and other key managers

Source: 2009 Annual Report


The options on Snam Rete Gas shares that can be exercised three years after the grant date are shown below (as at 31/12/2009).


Chairman
Alberto Meomartini (a)		 CEO
Carlo Malacarne (b)

 Oper.General Manager
Francesco Iovane (c)

 Other key managers(d)

Options held at the beginning of year
- No. of options 281,900 1,644,000 705,500 1,537,000
- Average exercise price (€) 3,830 4,014 4,015 4,032
- Average expiry  (days) 500 1,649 1,654 1,667
Options assigned during the year
- No. of options 61,825 280,950 122,375 266,775
- Average exercise price (€) 3,141 3,373 3,351 3,365
- Average expiry (days) 1,073 1,381 1,357 1,373
Options exercised during the year
- No. of options 216,825     141,325
- Average exercise price (€) 2,905     3,040
- Average expiry (days) 3,459     3,349
Opzioni expired during the year
- No. of options   148,750 75,075 338,725
- Average exercise price (€)   2,905 2,905 3,238
- Average expiry (€)   3,198 3,198 3,155
Options held at the end of the year
- No. options 126,900 1,776,200 725,800 1,323,725
- Average exercise price (€) 3,545 3,418 3,408 3,458
- Average expiry (days) 365 1,228 1,215 1,230
(a) Appointed Chairman of the Board of Directors on 23 December 2005 and confirmed by the Shareholders' Meeting on 26 April 2007.
(b) Appointed Director of Snam Rete Gas by the Shareholders' Meeting on 27 April 2006 and Chief Executive Officer by the Board of Directors on 8 May 2006.Confirmed as Director by the Shareholders' Meeting on 26 April 2007 and Chief Executive Officer By the Board of Directors on 8 May 2007.
(c) Appointed General Manager Operations by the Board of Directors on 8 May 2006
(d) Managers who, during the year, were on the company’s management board, excluding the directors and the Operations General Manager (five managers).
(e) Includes the rights that lapsed due to the termination of the employment contract and, starting from the 2006-2008 plan, the rights that lapsed due to the TSR situation at the end of the vesting period.