Vodafone 2013 Annual Report Download - page 143

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Movements in outstanding ordinary share and ADS options
ADS options Ordinary share options
2013 20122011 201320122011
Millions Millions Millions Millions Millions Millions
1 April 1 1 1 84 171266
Granted during the year – – – 7 5 4
Forfeited during the year – – – (1) (1) (1)
Exercised during the year (1)– – (41) (55) (72)
Expired during the year – – – (9) (36) (26)
31 March – 1 1 40 84 171
Weighted average exercise price:
1 April US$15.20 US$14.82 US$15.07 £1.18 £1.32£1.41
Granted during the year – – – £1.45 £1.31£1.14
Forfeited during the year – – – £1.64 £1.07£1.10
Exercised during the year US$13.88 – – £1.05 £1.37 £1.33
Expired during the year –– – £0.98 £1.56£2.25
31 March US$22.16 US$15.20 US$14.82 £1.41 £1.18£1.32
Summary of options outstanding and exercisable at 31 March 2013
Outstanding Exercisable
Weighted Weighted
average average
Weighted remaining Weighted remaining
Outstanding average contractual Exercisable average contractual
shares exerciselife shares exercise life
Millions price Months Millions priceMonths
Vodafone Group savings related and Sharesave Plan:
£0.01 – £1.00 3£0.94 23 – – –
£1.01 – £2.00 14 £1.33 33 – – –
17 £1.27 31 – – –
Vodafone Group 1999 Long-Term Stock Incentive Plan:
£1.01 – £2.00 23 £1.51 40 23 £1.51 40
Vodafone Group 1999 Long-Term Stock Incentive Plan:
US$10.01 – US$30.00 – US$22.16 10 – US$22.16 10
Share awards
Movements in non-vested shares are as follows:
2013 2012 2011
Weighted Weighted Weighted
average fair average fair average fair
value at value at value at
Millions grant date Millions grant date Millions grant date
1 April 352£1.08387£1.00 374 £1.06
Granted 91 £1.49 120 £1.29 126 £1.07
Vested (118) £0.91 (116) £1.12 (81) £1.38
Forfeited (31) £1.19 (39) £0.81 (32) £0.97
31 March 294 £1.27 352 £1.08 387 £1.00
Other information
The total fair value of shares vested during the year ended 31 March 2013 was £107 million (2012: £130 million; 2011: £113 million).
The compensation cost included in the consolidated income statement in respect of share options and share plans was £134 million
(2012:£143 million; 2011: £156 million) which is comprised entirely of equity-settled transactions.
The average share price for the year ended 31 March 2013 was 173.0 pence (2012: 169.9 pence; 2011: 159.5 pence).
141 Vodafone Group Plc
Annual Report 2013
Overview Business
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