Barclays 2012 Annual Report Download - page 102

Statutory remuneration disclosures continued
Executive Directors - outstanding share plan and long term incentive plan awards (audited)
Number of shares
under award/option
at 1 January 2012
(maximum)
Number of shares
awarded in year
(maximum)
Market price
on award date
Weighted average
exercise price
Number of shares
released/exercised
Antony Jenkins
Executive Share Award Scheme 10,905 – – – 3,853
Barclays LTIP 2012-2014 – 1,052,347 £1.81 – –
Barclays LTIP 2012-2014 – 1,266,715 £1.86 – –
Share Value Plan 2010 824,282 – £3.55 – 412,141
Share Value Plan 2011 428,055 – £2.88 – 142,685
Share Value Plan 2012 – 1,796,137 £2.53 – –
Share Value Plan 2012 – 1,995,237 £1.86 – –
Incentive Share Plan 2009 166,463 – £2.34 – 166,463
Chris Lucas
PSP 2009-2011 1,598,046 – £2.34 – 1,118,632
PSP 2010-2012 927,318 – £3.55 – –
Sharesave 2007 3,735 – – £4.70 –
Sharesave 2012 – 6,250 – £1.44 –
Executive Share Award Scheme 646,762 – – – –
Share Value Plan 2011 195,439 – £2.76 – 65,146
Share Value Plan 2012 – 736,877 £2.53 – –
Barclays LTIP 2011-2013 1,447,701 – £2.76 – –
Barclays LTIP 2012-2014 – 2,158,661 £1.81 – –
Bob Diamond
PSP 2010-2012 5,563,902 – £3.55 – –
Incentive Share Option Plan 472,328 – – £3.96 –
Executive Share Award Scheme 246,141 – – – 48,679
Share Value Plan 2011 850,524 – £2.76 – 283,508
Share Value Plan 2012 – 1,105,316 £2.53 – –
Barclays LTIP 2011-2013 2,442,996 – £2.76 – –
Barclays LTIP 2012-2014 – 3,642,741 £1.81 – –
Executive Directors - outstanding Contingent Capital Plan (CCP) awards and Cash Value Plan awards (audited)
Value under
award at
1 January
2012
(maximum)
(£000)
Value
awarded
in year
(maximum)
(£000)
Value
paid
in year
(£000)
Value
lapsed
in year
(£000)
Value under
award at
31 December
2012
(maximum)
(£000)
First scheduled
release date
Last scheduled
release date
Antony Jenkins
Contingent Capital Plan 2011 1,350 – 450 – 900 15/03/2012 15/03/2014
Cash Value Plan 2012 – 2,250 – – 2,250 18/03/2013 16/03/2015
Chris Lucas
Contingent Capital Plan 2011 540 – 180 – 360 23/05/2012 23/05/2014
Bob Diamond
Contingent Capital Plan 2011 2,350 – 783 1,567 – – –
Deferred cash bonuses granted under CCP in 2011 and CVP in 2012 are dependent on future service and vest subject to malus conditions. The
vesting of CCP awards is subject to the condition that the Core Tier 1 ratio is equal to or exceeds 7%. On the vesting of CCP awards, a ‘coupon’
may be added which for the awards shown is 7% on the award amount (on an annualised and non-compounded basis). In addition to the values
paid in year shown in the table above, a coupon of 7% was paid on the CCP amounts paid in 2012. Executive Directors do not pay for CCP awards.
On the vesting of CVP awards, a ‘service credit’ may be added on the third and final vesting amount which for the award shown is 10% on the
award amount. Antony Jenkins received the CVP award as part of his 2011 bonus, which was awarded in respect of performance in his role as CEO
of Retail and Business Banking. He did not pay for the award.
The interests shown in the table above are the maximum number of Barclays shares that may be received under each plan. Executive Directors do
not pay for any share plan or long term incentive plan awards. Numbers shown for Executive Share Award Scheme (ESAS) represent provisional
allocations that have been awarded and may also include shares under option as at 31 December 2012. Nil cost options are normally granted
under mandatory ESAS awards at the third anniversary of grant and are exercisable (over initial allocation and two thirds of bonus shares) typically
for two years. The aggregate exercise price of a nil cost option is £1. At the fifth anniversary of the provisional allocation the nil cost options
normally lapse and the shares (including bonus shares) are released at the discretion of the ESAS trustee. Chris Lucas held nil cost options over
43,077 shares under ESAS as at 31 December 2012. These were granted in 2011. The first and last exercise dates are 1 March 2011 and 19 March
2013 respectively. Antony Jenkins received 634 dividend shares from ESAS awards released in 2012, 22,949 dividend shares from SVP awards
released in 2012 and 9,114 dividend shares from the Incentive Share Plan award released in 2012 (market price on release date was £2.36).
Chris Lucas received 61,242 dividend shares from the PSP award released in 2012 (market price on release date was £2.36) and 1,544 dividend
shares from the SVP award released in 2012 (market price on release date was £2.03). Bob Diamond received 8,012 dividend shares from ESAS
barclays.com/annualreport100 I Barclays PLC Annual Report 2012