Lenovo 2011 Annual Report Download - page 57

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2010/11 Annual Report Lenovo Group Limited
60
DIRECTORS’ REPORT
Directors’ Rights to Acquire Shares or Debentures (continued)
Share Option Schemes (continued)
3. Outstanding options
Particulars of the outstanding options are as follows:
Options
held at
April 1,
2010
Options
exercised
during
the year
Options
held at
March 31,
2011
Option
lapsed
during
the year
Exercise
price Grant date Exercise period
HK$ (MM.DD.YYYY) (MM.DD.YYYY)
Old Option Scheme
Directors
Mr. Yang Yuanqing 2,188,000 2,188,000 – – 4.072 04.16.2001 04.16.2001 to 04.15.2011
Ms. Ma Xuezheng 1,920,000 1,920,000 – – 4.072 04.16.2001 04.16.2001 to 04.15.2011
1,444,000 1,444,000 – – 2.876 08.31.2001 08.31.2001 to 08.30.2011
Continuous contract
employees
47,887,000 20,213,000 –27,674,000 4.312 01.15.2001 01.15.2001 to 01.14.2011
14,416,000 13,036,000 1,380,000 –4.072 04.16.2001 04.16.2001 to 04.15.2011
30,528,000 3,238,000 27,290,000 –2.876 08.31.2001 08.31.2001 to 08.30.2011
New Option Scheme
Directors
Mr. Yang Yuanqing 3,000,000 3,000,000 – – 2.245 04.26.2003 04.26.2003 to 04.25.2013
Ms. Ma Xuezheng 1,282,000 876,000 406,000 –2.245 04.26.2003 04.26.2003 to 04.25.2013
Continuous contract
employees
7,672,500 180,500 7,492,000 –2.435 10.10.2002 10.10.2002 to 10.09.2012
27,430,000 6,851,000 20,579,000 –2.245 04.26.2003 04.26.2003 to 04.25.2013
69,917,051 2,380,000 67,537,051 –2.545 04.27.2004 04.27.2004 to 04.26.2014
Other participants 10,702,000 1,164,000 9,538,000 –2.435 10.10.2002 10.10.2002 to 10.09.2012
1,540,000 –1,540,000 –2.245 04.26.2003 04.26.2003 to 04.25.2013
Notes:
1. Weighted average closing price of the listed ordinary shares of the Company immediately before the dates on which the options were
exercised by continuous contract employees under the Old Option Scheme was HK$5.259.
2. Weighted average closing price of the listed ordinary shares of the Company immediately before the dates on which the options were
exercised by continuous contract employees under the New Option Scheme was HK$5.097.
3. Weighted average closing price of the listed ordinary shares of the Company immediately before the dates on which the options were
exercised by other participants under the New Option Scheme was HK$5.731.
4. No options are granted and cancelled during the year.
5. The accounting policy adopted for the above share option schemes are set out in note 2(v)(iv) to the financial statements. Other details
are set out in note 30(b).