Singapore Airlines 2004 Annual Report Download - page 86

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84 SIA Annual Report 03/04
Notes to the Financial Statements
31 March 2004
13 Share Capital (in $ million) (continued)
Share option plans (continued)
Terms of share options outstanding as at 31 March 2004:
SIA ESOP
Exercisable period Exercise price Number outstanding Number exercisable
––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––
28.3.2001 – 27.3.2010 $15.34 1,288,707 1,288,707
28.3.2002 – 27.3.2010 $15.34 9,037,528 9,037,528
28.3.2003 – 27.3.2010 $15.34 1,261,237 1,261,237
28.3.2004 – 27.3.2010 $15.34 1,254,738 1,254,738
3.7.2001 – 2.7.2010 $16.65 1,461,510 1,461,510
3.7.2002 – 2.7.2010 $16.65 7,320,260 7,320,260
3.7.2003 – 2.7.2010 $16.65 1,432,043 1,432,043
3.7.2004 – 2.7.2010 $16.65 1,426,657 –
2.7.2002 – 1.7.2011 $11.96 1,769,257 1,769,257
2.7.2003 – 1.7.2011 $11.96 7,707,439 7,707,439
2.7.2004 – 1.7.2011 $11.96 1,706,837 –
2.7.2005 – 1.7.2011 $11.96 1,707,052 –
1.7.2003 – 30.6.2012 $12.82 1,840,980 1,840,980
1.7.2004 – 30.6.2012 $12.82 7,971,051 –
1.7.2005 – 30.6.2012 $12.82 1,772,126 –
1.7.2006 – 30.6.2012 $12.82 1,772,370 –
1.7.2004 – 30.6.2013 $10.34 1,703,363 9,880
1.7.2005 – 30.6.2013 $10.34 7,696,066 –
1.7.2006 – 30.6.2013 $10.34 1,671,139 –
1.7.2007 – 30.6.2013 $10.34 1,671,467 –
––––––––––––––––––––––––––––––––––––––––––––––
Total number of options outstanding 63,471,827 @ 34,383,579
––––––––––––––––––––––––––––––––––––––––––––––
@ The total number of options outstanding includes:
(a) 7,514,545 share options not exercised by employees who have retired or ceased to be employed by the Company or
any of the subsidiary companies by reason of (i) ill health, injury or disability or death; (ii) redundancy; or (iii) any
other reason approved in writing by the Board Compensation and Organization Committee. The said options are
exercisable up to the expiration of the applicable exercise period or the period of 5 years from the date of retirement
or cessation of employment, whichever is earlier; and
(b) 85,920 share options not exercised by employees who have completed their fixed term contracts during the
financial year. The said options, if unvested, shall immediately vest and be exercisable from the date of cessation of
employment to the date falling 1 year from the date of cessation of employment.