Telstra 2009 Annual Report Download - page 234

Download and view the complete annual report

Please find page 234 of the 2009 Telstra annual report below. You can navigate through the pages in the report by either clicking on the pages listed below, or by using the keyword search tool below to find specific information within the annual report.

Page out of 245

  • 1
  • 2
  • 3
  • 4
  • 5
  • 6
  • 7
  • 8
  • 9
  • 10
  • 11
  • 12
  • 13
  • 14
  • 15
  • 16
  • 17
  • 18
  • 19
  • 20
  • 21
  • 22
  • 23
  • 24
  • 25
  • 26
  • 27
  • 28
  • 29
  • 30
  • 31
  • 32
  • 33
  • 34
  • 35
  • 36
  • 37
  • 38
  • 39
  • 40
  • 41
  • 42
  • 43
  • 44
  • 45
  • 46
  • 47
  • 48
  • 49
  • 50
  • 51
  • 52
  • 53
  • 54
  • 55
  • 56
  • 57
  • 58
  • 59
  • 60
  • 61
  • 62
  • 63
  • 64
  • 65
  • 66
  • 67
  • 68
  • 69
  • 70
  • 71
  • 72
  • 73
  • 74
  • 75
  • 76
  • 77
  • 78
  • 79
  • 80
  • 81
  • 82
  • 83
  • 84
  • 85
  • 86
  • 87
  • 88
  • 89
  • 90
  • 91
  • 92
  • 93
  • 94
  • 95
  • 96
  • 97
  • 98
  • 99
  • 100
  • 101
  • 102
  • 103
  • 104
  • 105
  • 106
  • 107
  • 108
  • 109
  • 110
  • 111
  • 112
  • 113
  • 114
  • 115
  • 116
  • 117
  • 118
  • 119
  • 120
  • 121
  • 122
  • 123
  • 124
  • 125
  • 126
  • 127
  • 128
  • 129
  • 130
  • 131
  • 132
  • 133
  • 134
  • 135
  • 136
  • 137
  • 138
  • 139
  • 140
  • 141
  • 142
  • 143
  • 144
  • 145
  • 146
  • 147
  • 148
  • 149
  • 150
  • 151
  • 152
  • 153
  • 154
  • 155
  • 156
  • 157
  • 158
  • 159
  • 160
  • 161
  • 162
  • 163
  • 164
  • 165
  • 166
  • 167
  • 168
  • 169
  • 170
  • 171
  • 172
  • 173
  • 174
  • 175
  • 176
  • 177
  • 178
  • 179
  • 180
  • 181
  • 182
  • 183
  • 184
  • 185
  • 186
  • 187
  • 188
  • 189
  • 190
  • 191
  • 192
  • 193
  • 194
  • 195
  • 196
  • 197
  • 198
  • 199
  • 200
  • 201
  • 202
  • 203
  • 204
  • 205
  • 206
  • 207
  • 208
  • 209
  • 210
  • 211
  • 212
  • 213
  • 214
  • 215
  • 216
  • 217
  • 218
  • 219
  • 220
  • 221
  • 222
  • 223
  • 224
  • 225
  • 226
  • 227
  • 228
  • 229
  • 230
  • 231
  • 232
  • 233
  • 234
  • 235
  • 236
  • 237
  • 238
  • 239
  • 240
  • 241
  • 242
  • 243
  • 244
  • 245

Telstra Corporation Limited and controlled entities
219
Notes to the Financial Statements (continued)
KMP interests in options and rights of Telstra Entity (continued)
The following details the balances and changes in instruments issued
for our KMP during fiscal 2008.
(a) During fiscal 2008, other changes for our performance rights are a
result of instruments expiring due to the specified performance
hurdles not being achieved.
(b) Excludes incentives shares that vest immediately and are
beneficially owned by the KMP. “Granted” for incentive shares rights
relate to additional incentive shares provided to our senior executives.
Any dividends paid by the Company prior to the exercise of their
incentives shares will increase the number of Telstra shares allocated
to the senior executives when the vested incentive shares are
exercised. Refer to note 27 for further details.
28. Key management personnel compensation (continued)
Instrument type
Total held
at 30 June
2007
Granted
during the
year
Exercised
during the
year
Other
changes (a)
Total held
at 30 June
2008
Vested and
exercisable
at 30 June
2008
Vested
during the
year
director/senior executive Number Number Number Number Number Number Number
Performance rights
Solomon D Trujillo . . . . . . . . . . . . . . . . 836,821 - - - 836,821 - -
Bruce Akhurst . . . . . . . . . . . . . . . . . . . 426,540 - - (174,900) 251,640 - -
Kate McKenzie . . . . . . . . . . . . . . . . . . . 91,576 - - (27,000) 64,576 - -
David Moffatt . . . . . . . . . . . . . . . . . . . 448,550 - - (186,100) 262,450 - -
Deena Shiff . . . . . . . . . . . . . . . . . . . . . 192,720 - - (57,300) 135,420 - -
John Stanhope. . . . . . . . . . . . . . . . . . . 323,466 - - (114,250) 209,216 - -
David Thodey. . . . . . . . . . . . . . . . . . . . 390,668 - - (158,750) 231,918 - -
Options
Solomon D Trujillo . . . . . . . . . . . . . . . . - 15,517,242 - - 15,517,242 - -
Bruce Akhurst . . . . . . . . . . . . . . . . . . . 6,813,121 1,811,594 - - 8,624,715 617,000 -
Kate McKenzie . . . . . . . . . . . . . . . . . . . 1,858,837 608,696 - - 2,467,533 - -
David Moffatt . . . . . . . . . . . . . . . . . . . 7,010,475 1,905,780 - - 8,916,255 740,000 -
Deena Shiff . . . . . . . . . . . . . . . . . . . . . 4,639,207 1,376,812 - - 6,016,019 178,000 -
John Stanhope. . . . . . . . . . . . . . . . . . . 4,603,070 1,333,320 - - 5,936,390 241,000 -
David Thodey. . . . . . . . . . . . . . . . . . . . 6,284,000 1,681,160 - - 7,965,160 534,000 -
Incentive shares rights (b)
Bruce Akhurst . . . . . . . . . . . . . . . . . . . 88,233 5,683 - - 93,916 47,836 43,291
Kate McKenzie . . . . . . . . . . . . . . . . . . . 20,298 1,306 (13,963) - 7,641 440 6,766
David Moffatt . . . . . . . . . . . . . . . . . . . 41,060 2,642 - - 43,702 21,851 20,530
Deena Shiff . . . . . . . . . . . . . . . . . . . . . 73,211 1,572 (48,807) - 25,976 - 24,404
John Stanhope. . . . . . . . . . . . . . . . . . . 39,712 1,279 (19,856) - 21,135 - 19,856
David Thodey. . . . . . . . . . . . . . . . . . . . 34,099 1,097 (17,049) - 18,147 - 17,049
Deferred shares
Deena Shiff . . . . . . . . . . . . . . . . . . . . . 22,500 - (22,500) - - - -
TESOP97
Bruce Akhurst . . . . . . . . . . . . . . . . . . . 2,500 - - - 2,500 2,500 -
John Stanhope. . . . . . . . . . . . . . . . . . . 2,500 - - - 2,500 2,500 -
TESOP99
Bruce Akhurst . . . . . . . . . . . . . . . . . . . 400 - - - 400 400 -
Deena Shiff . . . . . . . . . . . . . . . . . . . . . 400 - - - 400 400 -
John Stanhope. . . . . . . . . . . . . . . . . . . 400 - - - 400 400 -