Total Share-Based Payment Costs
The amounts recognized in operating profit for all share-based payment transactions have been summarized by taking into account both the provisional awards for the current year and the additional awards related to prior years. Total share-based compensation has slightly increased in comparison to 2022.
2023 (in thousands of US$) | Performance shares and RSU/Value Creation Stake | Matching | Total |
|---|---|---|---|
Instruments granted | 14,424 | 5,087 | 19,511 |
Total expenses 2023 | 14,424 | 5,087 | 19,511 |
2022 (in thousands of US$) | Performance shares and RSU/Value Creation Stake | Matching | Total |
|---|---|---|---|
Instruments granted | 13,327 | 5,840 | 19,167 |
Total expenses 2022 | 13,327 | 5,840 | 19,167 |
Rules of conduct with regard to inside information are in place to ensure compliance with the Act on Financial Supervision. For example, these rules forbid the exercise of options or other financial instruments during certain periods, more specifically when an employee is in possession of price-sensitive information.
The movement in the outstanding number of shares which could potentially vest at a point in time under the Company share-based payment plans is illustrated in the following table.
in number of shares | 2023 | 2022 |
|---|---|---|
Outstanding at 1 January | 3,064,079 | 2,910,725 |
Granted | 1,686,474 | 1,629,422 |
Vested | (1,064,211) | (1,125,632) |
True-up at vesting | - | - |
Cancelled or forfeited | (350,106) | (350,436) |
Total movements | 272,157 | 153,354 |
Outstanding at 31 December | 3,336,236 | 3,064,079 |