Company: GLPG
Filing Date: 2025-03-27
Form Type: 20-F
Source: 0001558370-25-003806
Chunk: 396

Company: GALAPAGOS NV
Filing Date: 2025-03-27
Form: 20-F
Item: Item 16I
Chunk 396
---
4 09/30/2032 25.88 - 37,500
───────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────
Total 11,472,520 ( 547,911) 11,911,109 5,182,941

F-60

Table of Contents

Weighted
average
exercise
Subscription rights price (Euro)
Outstanding on December 31, 2021 8,579,837 € 92.69
Exercisable on December 31, 2021 1,751,013 56.64
Granted and accepted during the period 3,127,239 54.71
Forfeited during the year ( 607,430) 100.00
Exercised during the period ( 282,790) 23.68
Expired during the year - - 
Outstanding on December 31, 2022 10,816,856 € 83.12
Exercisable on December 31, 2022 2,574,218 70.26
Granted and accepted during the period 1,538,400 35.53
Forfeited during the year ( 544,676) 80.31
Exercised during the period ( 61,560) 28.75
Expired during the year ( 276,500) 49.00
Outstanding on December 31, 2023 11,472,520 € 77.93
Exercisable on December 31, 2023 5,836,538 101.93
Granted and accepted during the period 1,381,000 26.87
Forfeited during the year ( 547,911) 72.66
Exercised during the period - - 
Expired during the year ( 394,500) 46.10
Outstanding on December 31, 2024 11,911,109 € 73.19
Exercisable on December 31, 2024 5,182,941 107.03

F-61

Table of Contents

The table below sets forth the inputs into the valuation of the subscription rights.
2024BE/ROW 2024BE 2024RMV/ROW
October 1 May 16 May 16
────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────