Experian 2010 Annual Report Download - page 135

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133
Introduction
2 – 11
Business review
12 – 51
Governance
52 – 84
Financial statements
85 – 160
29. Share-based payment arrangements (continued)
(iv) Movement in number of options
Number of
options
Weighted
average
exercise
price
Number of
options
Weighted
average
exercise price
2010
m
2010
£
2009
m
2009
£
Options outstanding at 1 April 33.8 4.37 30.1 4.85
New grants 12.3 4.59 10.1 3.10
Forfeitures1(2.8) 4.67 (4.7) 3.65
Exercised options2(7.2) 4.40 (1.4) 4.96
Expired options (0.8) 4.38 (0.3) 4.42
Options outstanding at 31 March 35.3 4.42 33.8 4.37
Options exercisable at 31 March 8.0 4.95 6.4 4.27
1. For arrangements which are ‘Save as you earn’ in nature, this includes non-leavers who have not completed the savings requirement.
2. The weighted average share price of options exercised during the year was £5.69 (2009: £4.00).
(v) Details of options outstanding
At 31 March 2010
Range of
exercise
prices
£
Number
of
options
m
Weighted
average
exercise
price
£
Weighted average remaining lives
Expected years Contractual years
2-3 2.4 2.91 2.1 2.5
3-4 8.0 3.25 2.1 7.8
4-5 15.9 4.64 2.4 7.4
5-6 8.0 5.39 1.0 5.2
6-7 1.0 6.12 1.4 7.2
35.3 4.42
At 31 March 2009
Range of
exercise
prices
£
Number
of
options
m
Weighted
average
exercise
price
£
Weighted average remaining lives
Expected years Contractual years
2-3 2.8 2.91 3.1 3.5
3-4 10.4 3.33 2.4 7.7
4-5 8.6 4.63 0.6 4.2
5-6 10.9 5.35 1.7 5.9
6-7 1.1 6.12 2.4 8.2
33.8 4.37