Creative 2014 Annual Report Download - page 50

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50
CREATIVE TECHNOLOGY LTD AND ITS SUBSIDIARIES
1999 Scheme do not entitle the holders of the options, by virtue of such holdings, to any right to participate in any share
issue of any other company.
The 1999 Scheme expired on 29 December 2008. The existing options granted will continue to vest according to the terms
and conditions of the 1999 Scheme and the respective grants.
Movements in the number of unissued ordinary shares under option and their exercise prices were as follows:
2014 2013
Weighted Weighted
  average
Number of remaining Number of remaining
shares contractual shares contractual
Range of outstanding term outstanding term
Exercise Prices (‘000) (in years) (‘000) (in years)
US$3.00 to US$4.99 1,657 3.51 1,888 4.51
US$5.00 to US$10.99 863 1.31 1,300 2.29
2,520 2.76 3,188 3.61
NOTES TO THE FINANCIAL STATEMENTS
For the nancial year ended 30 June 2014
23. SHARE CAPITAL AND TREASURY SHARES (cont’d)
(b) Share options (cont’d)
 
 
(’000) (US$)
Outstanding at 30 June 2012 3,747 5.66
Exercised – –
Cancelled/Forfeited/Expired (559) 4.82
Outstanding at 30 June 2013 3,188 5.81
Exercised – –
Cancelled/Forfeited/Expired (668) 6.51
Outstanding at 30 June 2014 2,520 5.62
Exercisable at 30 June 2014 2,520 5.62
There were no options exercised during the nancial years ended 30 June 2014 and 2013.
The options outstanding as at 30 June 2014 and 30 June 2013 were in the following exercise price ranges:
(c) Performance shares
The Creative Performance Share Plan (the “Plan”) was approved by shareholders at an Extraordinary General Meeting on 29
October 2009 under which awards (the “Award”) of fully-paid shares, their equivalent cash value or combinations thereof,
will be issued free of charge, to eligible employees and non-executive directors of the Company and its subsidiaries, provided
that certain prescribed performance targets are met and/or upon expiry of the prescribed vesting periods.