BT 2010 Annual Report Download - page 79

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77BT GROUP PLC ANNUAL REPORT & FORM 20-F
ADDITIONAL INFORMATION FINANCIAL STATEMENTS REPORT OF THE DIRECTORS REVIEW OF THE YEAR OVERVIEW
Deferred Bonus Plan (DBP) awards at 31 March 2010, or date of appointment, if later
The following DBP awards have been granted 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.
Total
number of Monetary
award value of
shares Market vested
1 April Dividends 31 March Price price award
2009 Awardedare-invested Vested Lapsed 2010 Vesting date at grant at vesting £000
I Livingston 167,149 ––167,149 – –1/8/2009 231.58p 124.43p 208
138,708 –3,604 ––142,312 1/8/2010 321.67p ––
221,199 – 5,747 ––226,946 1/8/2011 203p ––
–267,410 6,948 – – 274,358 1/8/2012 128.41p ––
T Chanmugam 51,230 ––51,230 – –1/8/2009 231.58p 124.43p 64
37,450 –972 – – 38,422 1/8/2010 321.67p ––
52,007 – 1,350 – – 53,357 1/8/2011 203p ––
–59,972 1,557 – – 61,529 1/8/2012 128.41p ––
G Patterson 84,071 ––84,071 – –1/8/2009 231.58p 124.43p 105
57,440 –1,491 ––58,931 1/8/2010 321.67p ––
90,267 – 2,344 – – 92,611 1/8/2011 203p ––
–94,380 2,452 – – 96,832 1/8/2012 128.41p ––
Former director
H Lalanib127,351 ––127,351 ––1/8/2009 231.58p 124.43p 158
121,533 –3,158 – – 124,691 1/8/2010 321.67p ––
154,050 –4,003 –52,679 105,374 1/8/2011 203p ––
aAwards granted on 3 August 2009 in respect of the financial year 2008/09. The number of shares subject to awards was calculated using the average middle market price of a BT share for the three days
prior to the grant.
bHanif Lalani left the company on 31 March 2010. His 2008 award was pro-rated and will vest on 1 August 2011.
Details of DBP awards in respect of the 2009/10 financial year are given in the table on page 73. The number of shares subject to the
awards will be calculated using the average middle market price of a BT share for the three days prior to the grant. It is expected that
awards will be granted in June 2010.
REPORT OF THE DIRECTORS REPORT ON DIRECTORS’ REMUNERATION
Share awards under the Employee Share Investment Plan (ESIP) at
31 March 2010, or at date of appointment, if later
Total number of
shares
31 March 2010
I Livingston 363
T Chanmugam 679
G Patterson 247
Former director
H Lalania679
aHanif Lalani left the company on 31 March 2010.
During the year no awards of shares were granted under the ESIP.
By order of the Board
Rt Hon Patricia Hewitt
Chair of Remuneration Committee
12 May 2010