Telstra 2009 Annual Report Download - page 92

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77
Telstra Corporation Limited and controlled entities
Remuneration Report
9.5 Accounting Value of all LTI Instruments
(1) The value of each instrument is calculated by applying option valuation methodologies as described in note 27 to the financial statements and is then amortised over the relevant vesting
period. The values included in the table relate to the current year amortised value of all LTI instruments detailed as other equity in the remuneration table. Please refer to note 27 for details
on our employee share plans.
(2) Where a vesting scale is used, the table reflects the maximum achievable allocation.
(3) Total Remuneration is the sum of short term employee benefits, post employment benefits, termination benefits, other long term benefits and equity settled share- based payments as
detailed in table 9.1 of this Report.
(4) As required under accounting standards, accounting expense that was previously recognised as remuneration has been reversed in fiscal 2009. This has occurred for certain LTI plans that
either failed to satisfy a non-market (ie: non-TSR) performance target, resulting in equity instruments lapsing or where a KMP left Telstra, resulting in equity instruments being forfeited. For
market based hurdles, (ie: TSR) an accounting value is recorded above, however the relevant KMP received no value from those equity instruments that lapsed.
Name Year Accounting Value of LTI Equity Allocations
(1) (2)
Total Accounting Value as
a % of Total
Remuneration (3)
Options (4)
($)
Performance rights (4)
($)
Restricted shares
($) ($) (%)
David Thodey 2009 890,854 36,218 197,645 1,124,717 32.1%
2008 1,133,519 130,566 - 1,264,085 32.0%
Bruce Akhurst 2009 959,956 39,359 212,899 1,212,214 33.9%
2008 1,221,464 142,696 - 1,364,161 28.4%
Nerida Caesar 2009 17,716 - 7,573 25,289 8.5%
2008 ----
-
Kate McKenzie 2009 254,923 (1,436) 56,230 309,717 23.5%
2008 372,684 31,048 - 403,732 23.8%
Justin Milne 2009 323,554 26,359 65,037 414,950 28.0%
2008 ----
-
David Moffatt 2009 983,746 41,466 224,096 1,249,308 34.1%
2008 1,243,059 154,981 - 1,398,040 31.5%
Michael Rocca 2009 317,363 29,801 80,524 427,688 18.2%
2008 ----
-
Deena Shiff 2009 704,226 8,802 166,328 879,356 33.1%
2008 886,393 99,779 - 986,172 31.0%
John Stanhope 2009 685,618 30,621 156,754 872,993 28.5%
2008 865,460 109,621 - 975,081 26.9%
Solomon Trujillo 2009 155,172 (326,552) - (171,380) (1.9%)
2008 3,941,540 891,382 - 4,832,922 36.1%