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Dixons Carphone plc Annual Report and Accounts 2015/16
Corporate Governance
79
Directors’ share options
As part of the Merger, participants of the Dixons Retail Sharesave Plan were offered the opportunity to roll over their Sharesave
awards into options over Dixons Carphone plc. Those awards rolled over by the directors, in addition to other options owned by
the directors over the Company, are shown in the table below:
Date of grant
Exercise
price (p)
At
3 May
2015
Awarded
in the
period(3)
Lapsed or
forfeited
in the
period
Exercised(2)
in period
At
30 April
2016
Date from which
first exercisable
Expiry of the
exercise period
Sebastian James
Sharesave 23 Jul 2013(1) 209.35 601 — — — 601 1 Oct 2016 31 Mar 2017
26 Feb 2015 344.00 4,866 — — — 4,866 1 Apr 2018 30 Sep 2018
5,467
— — — 5,467
A
ndrew Harrison
Sharesave 10 Jan 2014 224.00 4,017 — — — 4,017 1 Mar 2017 31 Aug 2017
4,017
— — — 4,017
Humphrey Singer
Sharesave 23 Jul 2012(1) 91.48 1,377 — — (1,377) — 1 Oct 2015 31 Mar 2016
23 Jul 2013(1) 209.35 601 — — — 601 1 Oct 2016 31 Mar 2017
26 Feb 2015 344.00 4,500 — — — 4,500 1 Apr 2018 30 Sep 2018
25 Feb 2016 377.00 — 334 — — 334 1 Apr 2019 30 Sep 2019
6,478
334 — (1,377) 5,435
Katie Bickerstaffe
Sharesave 23 Jul 2012(1) 91.48 1,377 — — (1,377) — 1 Oct 2015 31 Mar 2016
23 Jul 2013(1) 209.35 601 — — — 601 1 Oct 2016 31 Mar 2017
26 Feb 2015 344.00 4,500 — — — 4,500 1 Apr 2018 30 Sep 2018
25 Feb 2016 377.00 —
334 — — 334 1 Apr 2019 30 Sep 2019
6,478
334 — (1,377) 5,435
(1) Share options that were granted under the Dixons Retail Sharesave Plan and rolled over into options over Dixons Carphone plc shares.
The exercise price shown is the roll over price over Dixons Carphone plc shares.
(2) The options exercised by Katie Bickerstaffe and Humphrey Singer on 1 October 2015 had a market price of £4.25 on the date of exercise.
(3) The face value of awards granted on 25 February 2016 for the executive directors was £1,460 for Humphrey Singer and Katie Bickerstaffe.
The exercise price was set at a 20% discount to the mid-market closing share price at 27 January 2016 of £4.71.
00_DC 2016 Annual Report.pdf 79 11/07/2016 18:34