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Table 6 – Long-Term Performance Share Plan1
Date of
award/
grant
Share
price on
award
date
(pence)
As at
27 February
2010
Shares
awarded
options
granted
in year1
Shares
exercised/
released
in year
Shares
lapsed3
As at
26 February
2011
Date of
exercise/
release
Share
price on
exercise/
release
Value
realisable
£000
Date of
release/date
from which
exercisable Expiry date
Richard Brasher 20.07.2006 346.25 189,889 4,465 194,354 – –20.07.10 394.03 766 20.07.2010 –
14.11.2007 471.10 257,341 8,490 – 45,567 220,264 – – – 14.07.2010 14.11.2017
08.07.2008 353.76 352,616 12,331 – – 364,947 – – – 08.07.2011 08.07.2018
15.10.2009 374.00 329,382 11,519 – – 340,901 – – – 15.07.2012 15.10.2019
14.10.2010 433.90 – 290,844 – – 290,844 – – – 14.07.2013 14.10.2020
Total 1,129,228 327,649 194,354 45,567 1,216,956
Philip Clarke 20.07.2006 346.25 120,164 2,825 122,989 – –20.07.10 394.03 485 20.07.2010 –
14.11.2007 471.10 257,341 6,051 217,825 45,567 –16.08.10 398.88 869 14.07.2010 –
08.07.2008 353.76 352,616 12,331 – – 364,947 – – – 08.07.2011 08.07.2018
15.10.2009 374.00 329,382 11,519 – – 340,901 – – – 15.07.2012 15.10.2019
14.10.2010 433.90 – 290,844 – – 290,844 – – – 14.07.2013 14.10.2020
Total 1,059,503 323,570 340,814 45,567 996,692
Andrew Higginson 20.07.2006 346.25 120,164 2,825 122,989 – –20.07.10 394.03 485 20.07.2010 –
14.11.2007 471.10 257,341 6,051 217,825 45,567 –05.10.10 434.88 947 14.07.2010 –
08.07.2008 353.76 352,616 12,331 – – 364,947 – – – 08.07.2011 08.07.2018
15.10.2009 374.00 329,382 11,519 – – 340,901 – – – 15.07.2012 15.10.2019
14.10.2010 433.90 – 290,844 – – 290,844 – – – 14.07.2013 14.10.2020
Total 1,059,503 323,570 340,814 45,567 996,692
Sir Terry Leahy 20.07.2006 346.25 356,813 8,390 365,203 – –20.07.10 394.03 1,439 20.07.2010 –
14.11.2007 471.10 450,784 14,872 – 79,819 385,837 – – – 14.07.2010 14.11.2017
08.07.2008 353.76 612,494 21,422 – – 633,916 – – – 08.07.2011 08.07.2018
15.10.2009 374.00 571,958 20,004 – – 591,962 – – – 15.07.2012 15.10.2019
14.10.2010 433.90 – 504,784 – – 504,784 – – – 14.07.2013 14.10.2020
Total 1,992,049 569,472 365,203 79,819 2,116,499
Tim Mason225.08.2006 346.25 203,667 4,789 208,456 – –20.07.10 394.03 821 20.07.2010 –
14.11.2007 471.10 171,561 4,034 175,595 – –20.07.10 394.03 692 14.07.2010 –
08.07.2008 353.76 235,078 8,221 – – 243,299 – – – 08.07.2011 –
15.10.2009 374.00 219,588 7,680 – – 227,268 – – – 15.07.2012 –
14.10.2010 433.90 – 193,896 – – 193,896 – – – 14.07.2013 –
Total 829,894 218,620 384,051 – 664,463
Laurie McIlwee210.10.2007 465.50 43,244 992 44,236 – –20.07.10 394.03 174 10.07.2010 –
08.07.2008 353.76 64,233 2,010 – – 66,243 – – – 08.07.2011 –
15.10.2009 374.00 247,036 8,640 – – 255,676 – – – 15.07.2012 15.10.2019
14.10.2010 433.90 – 290,844 – – 290,844 – – – 14.07.2013 14.10.2020
Total 354,513 302,486 44,236 – 612,763
Lucy Neville-Rolfe 14.11.2007 471.10 168,965 5,573 – 29,919 144,619 – – – 14.07.2010 14.11.2017
08.07.2008 353.76 246,832 8,632 – – 255,464 – – – 08.07.2011 08.07.2018
15.10.2009 374.00 247,036 8,640 – – 255,676 – – – 15.07.2012 15.10.2019
14.10.2010 433.90 – 218,133 – – 218,133 – – – 14.07.2013 14.10.2020
Total 662,833 240,978 – 29,919 873,892
David Potts 20.07.2006 346.25 120,164 2,825 122,989 – –20.07.10 394.03 485 20.07.2010 –
14.11.2007 471.10 257,341 8,490 – 45,567 220,264 – – – 14.07.2010 14.11.2017
08.07.2008 353.76 352,616 12,331 – – 364,947 – – – 08.07.2011 08.07.2018
15.10.2009 374.00 329,382 11,519 – – 340,901 – – – 15.07.2012 15.10.2019
14.10.2010 433.90 – 290,844 – – 290,844 – – – 14.07.2013 14.10.2020
Total 1,059,503 326,009 122,989 45,567 1,216,956
Total 8,147,026 2,632,354 1,792,461 292,006 8,694,913
1 All awards except those described in note 2 have been made in the form of nil cost options. All awards are increased to reflect dividend equivalents as each dividend is paid.
2 Tim Mason’s awards since 2006 have been made in the form of unfunded promises to deliver shares. Laurie McIlwee was appointed to the Board on 27 January 2009. His 2007 and
2008 awards were made in the form of conditional shares under the senior management Performance Share Plan.
3 The awards are subject to performance conditions based on Return on Capital Employed targets. The Group ROCE for 2009/10 on a like-for-like basis was 14.2%, therefore Group
targets for PSP awards granted on 14 November 2007 were met and these awards vested in full. The International ROCE for 2009/10 on a like-for-like basis was 6.9%, therefore
International targets were partially met and 48.1% of these awards vested. The balance of the awards lapsed.
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TESCO PLC Annual Report and Financial Statements 2011
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