Creative 2015 Annual Report Download - page 50

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50
CREATIVE TECHNOLOGY LTD AND ITS SUBSIDIARIES
2015 2014
Weighted Weighted
average 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 1,462 2.52 1,657 3.51
US$5.00 to US$10.99 663 0.31 863 1.31
2,125 1.83 2,520 2.76
NOTES TO THE FINANCIAL STATEMENTS
For the nancial year ended 30 June 2015
24. SHARE CAPITAL AND TREASURY SHARES (cont’d)
(b) Share options (cont’d)
Number of Weighted average
opons exercise price
(’000) (US$)
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
Exercised – –
Cancelled/Forfeited/Expired (395) 6.06
Outstanding at 30 June 2015 2,125 5.54
Exercisable at 30 June 2015 2,125 5.54
There were no options exercised during the nancial years ended 30 June 2015 and 2014.
The options outstanding as at 30 June 2015 and 30 June 2014 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.
Movements in the number of unissued ordinary shares under option and their exercise prices were as follows: