EasyJet 2008 Annual Report Download - page 42

Download and view the complete annual report

Please find page 42 of the 2008 EasyJet annual report below. You can navigate through the pages in the report by either clicking on the pages listed below, or by using the keyword search tool below to find specific information within the annual report.

Page out of 84

  • 1
  • 2
  • 3
  • 4
  • 5
  • 6
  • 7
  • 8
  • 9
  • 10
  • 11
  • 12
  • 13
  • 14
  • 15
  • 16
  • 17
  • 18
  • 19
  • 20
  • 21
  • 22
  • 23
  • 24
  • 25
  • 26
  • 27
  • 28
  • 29
  • 30
  • 31
  • 32
  • 33
  • 34
  • 35
  • 36
  • 37
  • 38
  • 39
  • 40
  • 41
  • 42
  • 43
  • 44
  • 45
  • 46
  • 47
  • 48
  • 49
  • 50
  • 51
  • 52
  • 53
  • 54
  • 55
  • 56
  • 57
  • 58
  • 59
  • 60
  • 61
  • 62
  • 63
  • 64
  • 65
  • 66
  • 67
  • 68
  • 69
  • 70
  • 71
  • 72
  • 73
  • 74
  • 75
  • 76
  • 77
  • 78
  • 79
  • 80
  • 81
  • 82
  • 83
  • 84

Directors’ share awards (audited)
Details of share options and share awards under the schemes described above granted to the Directors of the Company and any movements during
the year are shown in the following table:
Number of Number of
shares/options at shares/options at Date from
30 September Shares/options 30 September Exercise which
Scheme 2007* granted in year 2008* Date of grant price exercisable Expiry date
Andrew Harrison A 736,153 – 736,153 1 Dec 2005 3.30 1 Dec 2008 1 Dec 2015
B 9,095 – 9,095 1 Dec 2005 3.30 1 Dec 2008 1 Dec 2015
C 90,756 – 90,756 1 Dec 2006 – 1 Dec 2009 1 Jun 2010
C – 104,796 104,796 3 Dec 2007 – 3 Dec 2010 3 Jun 2011
C – 102,135 102,135 29 Feb 2008 – 28 Feb 2011 28 Aug 2011
D 75,630 – 75,630 1 Dec 2006 – 1 Dec 2009 1 Jun 2010
D – 88,529 88,529 3 Dec 2007 – 3 Dec 2010 3 Jun 2011
E 267,109 – 267,109 8 Feb 2006 – 8 Feb 2009 8 Aug 2009
F 3,589 – 3,589 2 Jun 2006 2.61 1 Aug 2009 1 Feb 2010
G 612 – 612 1 Dec 2006 – 1 Dec 2009 n/a
G – 487 487 1 Dec 2007 – 1 Dec 2010 n/a
H 449 389 838 **See note below
Number of Number of
shares/options at shares/options at Date from
30 September Shares/options 30 September Exercise which
Scheme 2007* granted in year 2008* Date of grant price exercisable Expiry date
Jeff Carr A 108,079 – 108,079 2 Jun 2005 2.32 2 Jun 2008 2 Jun 2015
B 12,928 – 12,928 2 Jun 2005 2.32 2 Jun 2008 2 Jun 2015
C 75,793 – 75,793 1 Dec 2005 – 1 Dec 2008 1 Jun 2009
C 50,420 – 50,420 1 Dec 2006 – 1 Dec 2009 1 Jun 2010
C – 63,943 63,943 3 Dec 2007 – 3 Dec 2010 3 Jun 2011
C – 62,320 62,320 29 Feb 2008 – 28 Feb 2011 28 Aug 2011
D – 8,881 8,881 3 Dec 2007 – 3 Dec 2010 3 Jun 2011
G – 487 487 1 Dec 2007 – 1 Dec 2010 n/a
No Non Executive Director has been granted any share options or awards.
The closing share price of the Company’s ordinary shares at 30 September 2008 was £3.15 and the range during the year to 30 September 2008
was £2.45 to £6.63.
Notes
A Unapproved Discretionary Share Option Scheme
B Approved Discretionary Share Option Scheme
C Long Term Incentive Plan – Performance Shares
D Long Term Incentive Plan – Matching Shares
E Chief Executive Officer Recruitment Award
F Sharesave (SAYE) scheme
G Share Incentive Plan – Free shares
H Share Incentive Plan – Matching Shares
*The number of shares are calculated according to the scheme rules of individual plans based on the middle-market closing share price of the day prior to grant (except for the June 2005 ESOS award which was
based on the previous practice of the average middle-market price of the five days prior to grant). As is usual market practice, the option price for SAYE awards is determined by the Committee in advance of
the award, by reference to the share price following announcements of results.
**Participants purchase shares monthly under the plan and the Company provides one matching share for each share purchased. These are first available for vesting three years after purchase.
easyJet plc
Annual report and accounts 2008
Report on Directors’
remuneration
continued
40