HSBC 2001 Annual Report Download - page 156

HSBC HOLDINGS PLC
Report of the Directors (continued)
154
Restricted Share Plan
HSBC Holdings ordinary shares of US$0.50 Monetary Monetary
Awards Awards value o
f
Awards value o
f
Awards Year in
held a
t
made awards made veste
d
awards veste
d
held at 31 which
1 January durin
g
during year durin
g
during year 1December
D
ate o
f
awards
2001 year (£000) year1(£000) 20012awar
d
may ves
t
Sir John Bond .... 25,921   12,961 107  14 Mar 1997

27,397     28,501 2 Mar 1998 2002 or 2003
53,210     55,353 4 Mar 1999 2004
78,624     81,791 10 Mar 2000 2005
–
73,683 700   76,651 12 Mar 2001 2006
W R P Dalton..... 16,211   8,106 67  14 Mar 1997

18,267     19,003 2 Mar 1998 2002 or 2003
31,039     32,290 4 Mar 1999 2004
35,739     37,178 10 Mar 2000 2005
–
42,105 400   43,801 12 Mar 2001 2006
D G Eldon.......... 19,453   9,727 80  14 Mar 1997

21,917     22,799 2 Mar 1998 2002 or 2003
31,039     32,290 4 Mar 1999 2004
6,805     7,07933 Apr 2000 2003
35,739     37,178 10 Mar 2000 2005
42,105 400   43,801 12 Mar 2001 2006
6,353 59   6,454430 Apr 2001 2004
D J Flint ............ 16,211   8,106 67  14 Mar 1997 
18,267     19,003 2 Mar 1998 2002 or 2003
31,039     32,290 4 Mar 1999 2004
32,164     33,460 10 Mar 2000 2005
52,631 500   54,751 12 Mar 2001 2006
S K Green.......... 19,453   9,727 80  14 Mar 1997 
21,917     22,799 2 Mar 1998 2002 or 2003
31,039     32,290 4 Mar 1999 2004
35,739     37,178 10 Mar 2000 2005
–73,683 700   76,651 12 Mar 2001 2006
A W Jebson....... 10,808   5,404 44  14 Mar 1997 
9,134     9,502 2 Mar 1998 2002 or 2003
26,605     27,677 4 Mar 1999 2004
28,590     29,742 10 Mar 2000 2005
63,157 600   65,701 12 Mar 2001 2006
K R Whitson ..... 19,453   9,727 80  14 Mar 1997 
21,917     22,799 2 Mar 1998 2002 or 2003
44,342     46,128 4 Mar 1999 2004
50,034     52,049 10 Mar 2000 2005
57,894 550   60,226 12 Mar 2001 2006
Unless otherwise indicated, vesting of these shares is subject to the performance tests described in the ‘Report of the Directors’ in the
1998, 1999 and 2000 Annual Report and Accounts being satisfied.
1 Based on performance over the four-year period to 31 December 2000, 50 per cent of share awards vested and 50 per cent were
forfeited. At the date of vesting, 14 March 2001, the market value per share was £8.22. The market value per share (adjusted for the
share capital reorganisation implemented on 2 July 1999) on 14 March 1997, the date of award, was £5.28.
2 Includes additional shares arising from scrip dividends.
3 50 per cent of D G Eldon’s 1999 discretionary bonus was awarded in Restricted Shares with a three-year restricted period.
4 50 per cent of D G Eldon's 2000 discretionary bonus was awarded in Restricted Shares with a three-year restricted period.