Unilever 2000 Annual Report Download - page 46

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Unilever Annual Report & Accounts and Form 20-F 2000 Report of the Directors
44
Remuneration report
All share options are exercisable at a range of dates
between 2001 and 2010 (see note 21 on page 65). No
options lapsed unexercised during the year. The market price
of the ordinary shares at the end of the year was for NV
€67.40 and US$62.94 and for PLC 573p and US$34.56,
and the range during the year was between €40.99 and
€70.90 and US$39.88 and US$64.19, and betw een 335p
and 584p and US$21.75 and US$34.81 respectively. Options
outstanding above and below the market prices at 31
December 2000 are set out in the table on page 43.
Notes:
Number M arket price
of Exercise at date of
Note shares price exercise
(1) all On election as a director
(2) all €42.83
(3) all €53.05
(4) all 347p
(5) all 425p
(6) 7 500 €42.83
(7) 10 143 €65.40
(8) 50 000 347p
(9) 74 626 536p
(10) all €22.82 €52.53
(11) all €50.87 €65.70
(12) all 268p 441p
(13) all €25.69 €53.98
(14) all €26.55 €46.75
(15) all On date of retirement
Advisory Directors
The Advisory Directors are not formally members of the
Boards of NV and PLC and are therefore excluded w hen
reference is made to directors in this report.
The remuneration of the Advisory Directors is decided by
the Boards. Advisory Directors receive an annual fee and
are reimbursed expenses incurred in attending meetings.
They do not receive any performance related bonuses,
pension provisions, share options or other forms of benefit.
The annual fee paid in 2000 to each of B Collomb,
O Fanjul, F H Fentener van Vlissingen, H Kopper
and H O C R Ruding w as €36 302 and to each of
Lady Chalker of Wallasey, C X Gonzalez and Senator
G J M itchell was £27 500. The Rt Hon The Lord Brittan
of Spennithorne QC and Lord Simon of Highbury CBE
were appointed during the year and each received fees
of £18 333. Sir Derek Birkin retired during the year and
received fees of £9 393.
As at 28 February 2001, the aggregate interests of the
Advisory Directors in the share capital of NV and PLC
were 14 188 (31 December 1999: 8 479) Ordinary
Fl. 1.12 shares of NV and 6 384 (31 December
1999: 1 785) Ordinary 1.4p shares of PLC. The voting
rights of the Advisory Directors are the same as for other
holders of the class of share indicated.