BT 2003 Annual Report Download - page 71

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Vesting of outstanding share awards and options
Details of options granted under the GSOP and awards of shares under the ESP and ISP which would vest based
on BT Group’s TSR compared with the other companies in the FTSE 100 for the relevant performance period
up to 31 March 2003 are as follows:
31 March 2003 31 March 2002
No. of shares/options
under award
Expected
vesting date TSR position
Percentage of
shares vesting TSR position
Percentage of
shares vesting
Sir Christopher Bland
ISP 2001 318,308 01/08/04 73 – 86 –
Ben Verwaayen
GSOP 2002 1,121,121 11/02/05 61 – ––
GSOP 2002 935,830 29/07/05 61 – ––
P Danon
ISP 2000 99,850 01/08/03 85 – 90 –
ISP 2001 179,047 01/08/04 73 – 86 –
GSOP 2002
a
601,610 29/07/05 61 – ––
Ian Livingston
GSOP 2002
a
601,610 29/07/05 61 – ––
A Green
ESP 1998 38,095 01/08/03 83 – 86 –
ESP 1999 38,710 01/08/04 87 – 92 –
ISP 2000 85,292 01/08/03 85 – 90 –
ISP 2001 179,047 01/08/04 73 – 86 –
GSOP 2002
a
568,190 29/07/05 61 – ––
Dr P Reynolds
ESP 1998 11,626 01/08/03 83 – 86 –
ESP 1999 11,605 01/08/04 87 – 92 –
ISP 2000 48,111 01/08/03 85 – 90 –
ISP 2001 148,012 01/08/04 73 – 86 –
GSOP 2002
a
534,760 29/07/05 61 – ––
Former directors
Sir Peter Bonfield
ESP 1998 112,579 01/08/03 83 – 86 –
ESP 1999 100,239 01/08/04 87 – 92 –
ISP 2000 272,947 01/08/03 85 – 90 –
ISP 2001 522,025 01/08/04 73 – 86 –
R Brace
ESP 1998 57,149 01/08/03 83 – 86 –
B Cockburn
ESP 1998 77,935 01/08/03 83 – 86 –
ESP 1999 68,432 01/08/04 87 – 92 –
a
Options granted under the GSOP during the 2003 financial year, whose exercise is subject to a 35% compound annual growth in earnings per share being
achieved over three years (equivalent to 22p per share at the end of the 2005 financial year), are not included in the above table. Earnings per share
for the 2003 financial year are 14.2p per share.
70 BT Annual Report and Form 20-F 2003
Report on directors’ remuneration