BT 2005 Annual Report Download - page 68

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Deferred Bonus Plan awards held during the year ended 31 March 2005
The following deferred bonuses have been awarded to the directors under the DBP. These shares will normally be
transferred to participants at the end of the three-year deferred period if those participants are still employed by
BT Group.
1April 2004
(or at date of
appointment) Awarded
a
Vested
b
Dividends
re-invested Lapsed
Total
number
of award
shares
31 March
2005
Expected
vesting date
Price at
grant
Market Price
at vesting
Monetary
value of
vested
award
£000
BVerwaayen 80,183 – – 3,826 – 84,009 01/08/05 202.0p – –
443,238 – – 21,152 – 464,390 01/08/06 199.5p – –
–222,030 – 10,595 – 232,625 01/08/07 193.42p – –
AGreen 46,723 – 46,723 – – ––267.912p 187.7897p 88
52,751 – – 2,517 – 55,268 01/08/05 202.0p – –
79,983 – – 3,816 – 83,799 01/08/06 199.5p – –
–86,939 – 4,148 – 91,087 01/08/07 193.42p – –
HLalani
c
12,750 – – 235 – 12,985 01/08/05 202.0p – –
25,917 – – 479 – 26,396 01/08/06 199.5p – –
26,843 – – 496 – 27,339 01/08/07 193.42p – –
ILivingston 88,088 – – 4,203 – 92,291 01/08/06 199.5p – –
–83,961 – 4,006 – 87,967 01/08/07 193.42p – –
Dr P Reynolds 33,934 – 33,934 – – ––267.912p 187.7897p 64
47,476 – – 2,264 – 49,740 01/08/05 202.0p – –
75,277 – – 3,591 – 78,868 01/08/06 199.5p – –
–76,342 – 3,643 – 79,985 01/08/07 193.42p – –
Former directors
PDanon
d
23,054 – 23,054 – – ––267.912p 187.7897p 43
79,129 – – 3,776 82,905 –01/08/05 202.0p – –
88,088 – – 4,203 92,291 –01/08/06 199.5p – –
–66,970 – 3,195 70,165 –01/08/07 193.42p – –
Sir Peter Bonfield
e
157,718 – 157,718 – – –01/08/04 267.912p 187.7897p 296
The size of the awards granted during the financial year 2004/05 was calculated using the average middle market price of a BT share for the three days
prior to the grant.
a
Awards granted on 24 June 2004.
b
Awards granted on 22 June 2001 vested on 2 August 2004.
c
Date of appointment – 7 February 2005.
d
All outstanding awards made under the DBP to P Danon lapsed on 28 February 2005 when he resigned as a director.
e
Under the terms of his service agreement, awards granted to Sir Peter Bonfield were preserved on his leaving until the normal vesting date.
Report on directors’ remuneration BT Group plc Annual Report and Form 20-F 2005 67