Barclays 2008 Annual Report Download - page 263

3
Financial statements
45 Share-based payments (continued)
For the purposes of determining the expected life and number of options to vest,historical exercise patterns have been used,together with an
assumption that a certain percentage of options will lapse due to leavers.
The assumed dividend yield for Barclays PLC is the average annual dividend yield on the date of grant of 5%. Dividend yield for AGLSIT of 3.5% was based
on the average 12-month trailing yield over the year to grant date.
Analysis of the movement in the number and weighted average exercise price of options is set out below:
Sharesave aSharepurchase a, c
Number Weighted average Number Weighted average
(000s) ex. price (£) (000s) ex. price (£)
2008 2007 2008 2007 2008 2007 2008 2007
Outstanding at beginning of year 74,027 78,929 4.48 4.22 3,824 2,472 ––
Granted in the year 56,024 18,748 2.51 4.81 3,834 1,852 ––
Adjustment in grants for open offer 1,354 –4.33 –––––
Exercised/released in the year (3,357) (18,018) 3.71 3.70 (64) (256) ––
Less: forfeited in the year (33,917) (5,632) 4.35 4.53 (633) (244) ––
Less: expired in the year ––––––––
Outstanding at end of year 94,131 74,027 1.83 4.48 6,961 3,824 ––
Of which exercisable: 4,025 2,324 3.71 3.69 737 –––
ESAS a, c PSP a, c
Number Weighted average Number Weighted average
(000s) ex. price (£) (000s) ex. price (£)
2008 2007 2008 2007 2008 2007 2008 2007
Outstanding at beginning of year 182,200 142,359 ––63,163 42,832 ––
Granted in the year 141,269 76,064 ––8,528 20,331 ––
Adjustment in grants for open offer 6,884 –––1,370 –––
Exercised/released in the year (56,231) (31,036) ––(1,467) –––
Less: forfeited in the year (6,185) (5,187) ––(20,865) –––
Less: expired in the year ––––––––
Outstanding at end of year 267,937 182,200 ––50,729 63,163 ––
Of which exercisable: 15,131 16,587 ––––––
ISP a,cAbsa BEE b
Number Weighted average Number Weighted average
(000s) ex. price (£) (000s) ex. price (£)
2008 2007 2008 2007 2008 2007 2008 2007
Outstanding at beginning of
year/acquisition date – –––73,152 73,152 3.40-3.89 3.50-5.03
Granted in the year 6,923 –––––––
Adjustment in grants for open offer 177 –––––––
Exercised/released in the year ––––––––
Less: forfeited in the year ––––––––
Less: expired in the year ––––––––
Outstanding at end of year 7,100 –––73,152 73,152 3.16-4.55 3.40-3.89
Of which exercisable: – –––73,152 73,152 3.16-4.55 3.40-3.89
AGLSIT bAGLSOT b
Number Weighted average Number Weighted average
(000s) ex. price (£) (000s) ex. price (£)
2008 2007 2008 2007 2008 2007 2008 2007
Outstanding at beginning of
year/acquisition date 13,618 18,778 4.81 3.87 946 4,847 3.40-3.89 3.50-5.03
Granted in the year –260 –7.62 ––––
Exercised/released in the year (3,252) (4,668) 3.37 3.60 (368) (3,592) ––
Less: forfeited in the year (399) (752) 4.96 5.22 (19) (309) 3.16-4.55 3.40-3.89
Less: expired in the year ––––––––
Outstanding at end of year 9,967 13,618 4.91 4.81 559 946 3.16-4.55 3.40-3.89
Of which exercisable: 5,944 5,603 3.86 3.25 559 946 3.16-4.55 3.40-3.89
Barclays PLC Annual Report 2008 261
Notes
aOptions/award granted over Barclays PLC shares.
bOptions/award granted over Absa Group Limited shares.
cNil cost award.