Issuance of Employee Stock Options
As of 02/28/2015
| ESOP Granted | First Grant |
Second Grant |
Third Grant |
|---|---|---|---|
Approval Date by The Securities & Futures Bureau |
06/25/2002 |
06/25/2002 |
06/25/2002 |
Issue (Grant) Date |
08/22/2002 |
11/08/2002 |
03/07/2003 |
Number of Options Granted |
18,909,700 |
1,085,000 |
6,489,514 |
Percentage of Shares Exercisable to Outstanding Common Shares |
0.10154% |
0.00583% |
0.03485% |
Option Duration |
10 years |
10 years |
10 years |
Source of Option Shares |
New Common Share |
New Common Share |
New Common Share |
Vesting Schedule |
2nd Year: up to 50% |
2nd Year: up to 50% |
2nd Year: up to 50% |
3rd Year: up to 75% |
3rd Year: up to 75% |
3rd Year: up to 75% |
|
4th Year: up to 100% |
4th Year: up to 100% |
4th Year: up to 100% |
|
Shares Exercised |
20,585,621 |
1,416,203 |
7,584,554 |
Value of Shares Exercised (NT$) |
696,435,850 |
45,875,186 |
174,820,504 |
Shares Unexercised |
- |
- |
- |
Original Grant Price Per Share (NT$) |
NT$53.0 |
NT$51.0 |
NT$41.6 |
Adjusted Exercise Price Per Share (NT$) |
NT$25.6 |
NT$24.6 |
NT$20.2 |
Percentage of Shares Unexercised to Outstanding Common Shares |
0.00000% |
0.00000% |
0.00000% |
Impact to Shareholders’ Equity |
Dilution to Shareholders’ Equity is limited |
Dilution to Shareholders’ Equity is limited |
Dilution to Shareholders’ Equity is limited |
| ESOP Granted | Fourth Grant |
Fifth Grant |
Sixth Grant |
|---|---|---|---|
Approval Date by The Securities & Futures Bureau |
06/25/2002 |
10/29/2003 |
10/29/2003 |
Issue (Grant) Date |
06/06/2003 |
12/03/2003 |
02/19/2004 |
Number of Options Granted |
23,090,550 |
842,900 |
15,720 |
Percentage of Shares Exercisable to Outstanding Common Shares |
0.12399% |
0.00416% |
0.00008% |
Option Duration |
10 years |
10 years |
10 years |
Source of Option Shares |
New Common Share |
New Common Share |
New Common Share |
Vesting Schedule |
2nd Year: up to 50% |
2nd Year: up to 50% |
2nd Year: up to 50% |
3rd Year: up to 75% |
3rd Year: up to 75% |
3rd Year: up to 75% |
|
4th Year: up to 100% |
4th Year: up to 100% |
4th Year: up to 100% |
|
Shares Exercised |
24,838,979 |
583,111 |
15,416 |
Value of Shares Exercised (NT$) |
849,375,434 |
29,807,359 |
744,182 |
Shares Unexercised |
- |
- |
- |
Original Grant Price Per Share (NT$) |
NT$58.5 |
NT$66.5 |
NT$63.5 |
Adjusted Exercise Price Per Share (NT$) |
NT$28.3 |
NT$50.1 |
NT$47.8 |
Percentage of Shares Unexercised to Outstanding Common Shares |
0.00000% |
0.00000% |
0.00000% |
Impact to Shareholders’ Equity |
Dilution to Shareholders’ Equity is limited |
Dilution to Shareholders’ Equity is limited |
Dilution to Shareholders’ Equity is limited |
| ESOP Granted | Seventh Grant |
Eighth Grant |
Ninth Grant |
|---|---|---|---|
Approval Date by The Securities & Futures Bureau |
10/29/2003 |
10/29/2003 |
01/06/2005 |
Issue (Grant) Date |
05/11/2004 |
08/11/2004 |
05/17/2005 |
Number of Options Granted |
11,167,817 |
135,300 |
10,742,350 |
Percentage of Shares Exercisable to Outstanding Common Shares |
0.05510% |
0.00058% |
0.04620% |
Option Duration |
10 years |
10 years |
10 years |
Source of Option Shares |
New Common Share |
New Common Share |
New Common Share |
Vesting Schedule |
2nd Year: up to 50% |
2nd Year: up to 50% |
2nd Year: up to 50% |
3rd Year: up to 75% |
3rd Year: up to 75% |
3rd Year: up to 75% |
|
4th Year: up to 100% |
4th Year: up to 100% |
4th Year: up to 100% |
|
Shares Exercised |
10,344,528 |
128,014 |
8,599,903 |
Value of Shares Exercised (NT$) |
457,708,004 |
4,982,968 |
409,120,157 |
Shares Unexercised |
- |
- |
337,179 |
Original Grant Price Per Share (NT$) |
NT$57.5 |
NT$43.8 |
NT$54.3 |
Adjusted Exercise Price Per Share (NT$) |
NT$43.2 |
NT$38.0 |
NT$47.2 |
Percentage of Shares Unexercised to Outstanding Common Shares |
0.00000% |
0.00000% |
0.00130% |
Impact to Shareholders’ Equity |
Dilution to Shareholders’ Equity is limited |
Dilution to Shareholders’ Equity is limited |
Dilution to Shareholders’ Equity is limited |
Employee Stock Options Granted to Management Team and to Top 10 Employees (Note 1)
As of 02/28/2015
| Note 1: | Officers were not granted TSMC employee stock options which expire after 2014. |
| Note 2: | Number of options granted includes the additional shares due to stock dividends distributed in 2004, 2005, 2006, 2007, 2008 and 2009. |