BT 2010 Annual Report Download - page 136

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FINANCIAL STATEMENTS NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
134 BT GROUP PLC ANNUAL REPORT & FORM 20-F
30. Share-based payments continued
Share option plans
Activity relating to share options during 2010, 2009 and 2008 is shown below.
Employee Sharesave GSOP and GLOP
2010 2009 2008 2010 2009 2008
Movement in the number of share options: millions millions millions millions millions millions
Outstanding at the beginning of the year 136 281 272 42 46 103
Granted 49033954–––
Forfeited (44) (390) (15) (4) (3) (10)
Exercised (1) (80) (28) – (1) (14)
Expired (47) (14) (2) – – (33)
Outstanding at the end of the year 534 136 281 38 42 46
Exercisable at the end of the year 1 1 2 38 42 46
Weighted average exercise price:
Outstanding at the beginning of the year 160p 180p 165p 256p 257p 227p
Granted 63p 135p 269p – – –
Forfeited 107p 153p 208p 263p 199p 251p
Exercised 125p 155p 188p – 196p 198p
Expired 150p 178p 179p – – 199p
Outstanding at the end of the year 76p 160p 180p 255p 256p 257p
Exercisable at the end of the year 163p 195p 158p 255p 256p 257p
The weighted average share price for options exercised during the year was 136p (2009: 180p, 2008: 293p). The following table
summarises information relating to options outstanding and exercisable under all share option plans at 31 March 2010, together with their
exercise prices and dates:
Number of Number of
Exercise outstanding exercisable
price options options
Normal dates of vesting and exercise (based on calendar years) per share millions millions
BT Group Employee Sharesave Plans
2010 171p–294p 16 1
2011 137p–208p 12 –
2012 68p–262p 143 –
2013 185p 8 –
2014 61p–111p 355 –
Total 534 1
BT Group Legacy Option Plan
2001-2011 318p–648p 8 8
Total 88
BT Group Global Share Option Plan
2004-2014 176p–199.5p 24 24
2005-2015 179p–263p 6 6
Total 30 30
Total options 572 39