BT 1998 Annual Report Download - page 39

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R E P O R T O N D I R E C T O R S ’ R E M U N E R AT I O
Details of share options held at 1 April 1997, granted and exercised under the share option schemes during the year, and the
balance held at 31 March 1998 are as follows:
Number of shares under option Option Market
exercise price at Usual date
1 April 31 March price per date of from which Usual
1997 Granted Exercised 1998 share exercise exercisable expiry date
))))0111!!!0111!!!0111!!!0111!!!0111!!!0111!!!0111!!!0111
Sir Iain Vallance 55,189 – 55,189(b) –264p 502p 07/09/92 07/09/99
100,207 – 100,207(b) –289p 502p 07/12/93 07/12/00
57,957 – – 57,957 333p 09/03/95 09/03/02
20,770 – – 20,770 430p 04/03/96 04/03/03
3,760 – – 3,760 375p 08/12/97 08/12/04
000511!!!0111!!!0111!!!0111!!!0111!!!0111!!!0111!!!0111!!!0111
237,883 – 155,396 82,487
000511!!!0111!!!0111!!!0111!!!0111!!!0111!!!0111!!!0111!!!0111
Sir Peter Bonfield 6,460 – – 6,460 267p 14/08/01 14/02/02
000511!!!0111!!!0111!!!0111!!!0111!!!0111!!!0111!!!0111!!!0111
R P Brace 136,890 – – 136,890 263p 06/09/92 06/09/99
18,680 – – 18,680 289p 07/12/93 07/12/00
18,020 – – 18,020 333p 09/03/95 09/03/02
24,890 – – 24,890 430p 04/03/96 04/03/03
30,180 – – 30,180 460p 15/11/96 15/11/03
23,470 – – 23,470 375p 08/12/97 08/12/04
2,265 – – 2,265 320p 14/06/98 14/12/98
3,876 – – 3,876 267p 14/08/01 14/02/02
000511!!!0111!!!0111!!!0111!!!0111!!!0111!!!0111!!!0111!!!0111
258,271 – – 258,271
000511!!!0111!!!0111!!!0111!!!0111!!!0111!!!0111!!!0111!!!0111
A W Rudge (c) 60,000 – 60,000(d) –264p 517p 07/09/92 07/09/99
65,622 – 65,622(d) –289p 517p 07/12/93 07/12/00
34,534 – 34,534(d) –333p 517p 09/03/95 09/03/02
10,940 – – 10,940 430p 04/03/96 04/03/03
2,745 – 2,745(e) –265p 458p 14/06/97 14/12/97
2,460 – – 2,460 375p 08/12/97 08/12/04
2,254 – – 2,254 306p 14/06/00 14/12/00
000511!!!0111!!!0111!!!0111!!!0111!!!0111!!!0111!!!0111!!!0111
178,555 – 162,901 15,654
000511!!!0111!!!0111!!!0111!!!0111!!!0111!!!0111!!!0111!!!0111
(a) All of the above options were granted for nil consideration.
(b) Options exercised under the BT Share Option Scheme on 9 January 1998.
(c) Dr Rudge retired as a director of the company on 31 October 1997.
(d) Options exercised under the BT Share Option Scheme on 14 January 1998.
(e) Options exercised under the BT Employee Sharesave Scheme, in which all employees of the company are eligible to
participate, on 16 June 1997.