BT 2014 Annual Report Download - page 101

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98 Governance
Deferred Bonus Plan awards at 31 March 2014 (audited)
The following DBP awards have been granted to the directors. These shares will normally be transferred to participants at the end of the three-year
deferred period if those participants are still employed by BT Group.
01/04/2013 AwardedaDividends
re-invested Vested Lapsed
Total number
of award
shares
31/03/2014 Vesting date
Price
at grant
Market
price
at vesting
Monetary
value of
vested award
£000
G Patterson
DBP 2010 307,888 – – 307,888 – – 1/8/2013 134.26p 336.5p 1,036
DBP 2011 263,531 – 7,446 – – 270,977 1/8/2014 198.83p – –
DBP 2012 235,793 – 6,662 – – 242,455 1/8/2015 202.26p – –
DBP 2013 – 130,057 3,674 – – 133,731 1/8/2016 315.00p – –
T Chanmugam   
DBP 2010 292,493 – – 292,493 – – 1/8/2013 134.26p 336.5p 984
DBP 2011 246,635 – 6,969 – – 253,604 1/8/2014 198.83p – –
DBP 2012 232,633 – 6,574 – – 239,207 1/8/2015 202.26p – –
DBP 2013 – 129,805 3,667 – – 133,472 1/8/2016 315.00p ––
Former director
I Livingstonb
DBP 2010 1,016,608 – – 1,016,608 – – 1/8/2013 134.26p 336.5p 3,421
DBP 2011 770,089 – 14,800 784,889 – – 6/11/2013 198.83p 374.9p 2,943
DBP 2012 689,420 – 13,250 702,670 – – 6/11/2013 202.26p 374.9p 2,634
DBP 2013 –379,639 7,296 386,935 – – 6/11/2013 315.00p 374.9p 1,451
a Awards granted on 20 June 2013. The number of shares subject to awards was calculated using
the average middle market price of a BT share for the three days prior to the grant, being £3.15.
Awards of deferred shares in respect of 2014 will be calculated using the average middle market
price of a BT share for the three days prior to grant.
b Ian /ivingston retired from the Board on 10 September 2013. The awards vested as set out on
page 96.