EasyJet 2011 Annual Report Download - page 62

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Report on Directors’ remuneration
Continued
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 tables:
Carolyn McCall OBE
Scheme
No. of
shares/
options at
30 September
20101
Share/
options
granted
in year
Shares/
options
lapsed
in year
Shares/
options
exercised
in year
No. of
shares/
options at
30 September
20111
Date of
grant
Exercise
price
(£)
Market price
on exercise
date
(£)
Date from
which
exercisable Expiry date
A 335,096 – – – 335,096 5 July
2010
– – 5 July
2013
5 July
2020
A – 344,405 – – 344,405 31 March
2011
– – 31 March
2014
31 March
2021
B – 880 – – 880 1 May
2011
– – 1 May
2014
n/a
C – 349 – – 349 See note 2
Chris Kennedy
Scheme
No. of
shares/
options at
30 September
20101
Share/
options
granted
in year
Shares/
options
lapsed
in year
Shares/
options
exercised
in year
No. of
shares/
options at
30 September
20111
Date of
grant
Exercise
price
(£)
Market price
on exercise
date
(£)
Date from
which
exercisable Expiry date
A 201,562 – – – 201,562 5 July
2010
– – 5 July
2013
5 July
2020
A – 207,161 – – 207,161 31 March
2011
– – 31 March
2014
31 March
2021
B – 880 – – 880 1 May
2011
– – 1 May
2014
n/a
C – 376 – – 376 See note 2
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 2011 was £3.44 and the range during
the year ended 30 September 2011 was £3.01 to £4.79.
Notes
A Long Term Incentive Plan – Performance Shares
B Share Incentive Plan – Free Shares
C Share Incentive Plan – Matching Shares
Note 1: 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. 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.
Note 2: 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.
60
easyJet plc
Annual report
and accounts 2011