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086
SINGAPORE AIRLINES
REPORT BY THE BOARD OF DIRECTORS
5 Equity Compensation Plans of the Company (continued)
(ii) Restricted Share Plan (“RSP”) and Performance Share Plan (“PSP”) (continued)
3. PSP Base Awards R2
Aggregate
Aggregate ordinary shares
Base Base Base Awards released to
Awards Awards granted since participant since
granted vested commencement commencement
during the during the Balance as of PSP to end of of PSP to end of
financial financial at 31 March financial year financial year
Name of participant year year* 2013 under review under review
Goh Choon Phong 66,000 9,490 140,141 175,500 44,522
R1 The actual number of RSP Final Awards of fully paid ordinary shares will range from 0% to 150% of the Base Awards and is
contingent on the Achievements against Targets over the two-year performance periods relating to the relevant awards.
R2 The actual number of PSP Final Awards of fully paid ordinary shares will range from 0% to 200% of the Base Awards and is contingent
on the Achievements against Targets over the three-year performance periods relating to the relevant awards.
# Final Awards granted during the financial year is determined by applying the achievement factor to the Base Awards that have vested
during the financial year.
* 11,870 PSP Final Awards of SIA ordinary shares were released to Mr Goh Choon Phong pursuant to the vesting of 9,490 PSP Base
Awards during the financial year.
(iii) Time-based Restricted Share Plan (“RSP”)
Details of the time-based RSP are disclosed in Note 5 to the financial statements. The time-based RSP awards were
made under the authority of the Board Compensation & Industrial Relations Committee.
The details of the shares awarded under time-based RSP to directors of the Company are as follows:
Aggregate
Aggregate ordinary shares
Awards released to
granted since participant since
Awards commencement commencement
granted Awards of time-based of time-based
during the vested during Balance as RSP to end of RSP to end of
financial the financial at 31 March financial year financial year
Name of participant year year 2013 under review under review
Goh Choon Phong - - 105,917 105,917 -
6 Equity Compensation Plans of SIA Engineering Company Limited (Subsidiary Company)
(i) SIA Engineering Company Limited (“SIAEC”) Employee Share Option Plan
At the end of the financial year, options to take up 33,389,446 unissued shares in SIAEC were outstanding. Details and
terms of the options have been disclosed in the Directors’ Report of SIAEC.
(ii) SIAEC RSP and SIAEC PSP
Details and terms of the SIAEC RSP and SIAEC PSP have been disclosed in the Directors’ Report of SIAEC.