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 increased in comparison to 2019.

2020

Performance shares and RSU/Value Creation Stake

Matching
shares

Total

Instruments granted

15,288

4,780

20,068

Total expenses 2020

15,288

4,780

20,068

2019

Performance shares and RSU/Value Creation Stake

Matching
shares

Total

Instruments granted

13,211

2,050

15,262

Performance conditions

1,795

0

1,795

Total expenses 2019

15,007

2,050

17,057

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

2020

2019

Outstanding at 1 January

1,991,476

2,406,331

Granted

1,631,655

1,581,616

Vested

(955,922)

(1,935,761)

True-up at vesting

(11,755)

Cancelled or forfeited

(136,873)

(48,955)

Total movements

538,860

(414,855)

Outstanding at 31 December

2,530,336

1,991,476