Marks and Spencer 2001 Annual Report Download - page 15

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www.marksandspencer.com 15
6 Long-term benefits (continued)
At 1 April At 31 March
2000 Granted Exercised/ 2001 Option Exercise
or date of during lapsed during or date of price price
appointment the year the year retirement (pence) (pence) Option period
Retired directors
Clara Freeman2
Exercisable 107,292 – – 106,051 377.01May 1995 – May 2005
Not exercisable 232,000 – – 226,203 491.01May 1998 – May 2005
Lapsed – – 7,038
SAYE 4,728 – – 4,728 374.01Sept 2000 – Mar 2001
Guy McCracken2
Exercisable 46,386 – – 44,603 353.01May 1995 – May 2004
Not exercisable 518,959 – – 507,839 476.01May 1997 – May 2005
Lapsed – – 12,903
SAYE 6,815 – – 6,815 336.01Sept 2000 – Mar 2001
Peter Salsbury2
Exercisable 351,895 – – 349,620 360.01May 1994 – May 2005
Not exercisable 727,539 – – 716,911 420.01May 1998 – May 2005
Lapsed – – 12,903
SAYE 5,550 – – 5,550 351.01Sept 2000 – Mar 2001
Roger Aldridge2
Exercisable 168,478 – – 165,369 304.01May 1994 – May 2004
Not exercisable 366,099 – – 349,267 486.01May 1997 – May 2005
Lapsed – – 19,941
SAYE 6,915 – – 5,262 371.01July 2000 – Jan 2001
SAYE lapsed – – 1,653
Barry Morris3
Exercisable 49,736 – – 77,976 367.01May 1995 – May 2004
Not exercisable 303,885 – – 261,569 427.01May 1997 – June 2009
Lapsed – – 14,076
SAYE 4,601 – – 4,601 375.01Jan 2001 – June 2003
Joe Rowe2
Exercisable 111,524 – – 107,637 349.01May 1995 – May 2004
Not exercisable 363,826 – – 334,869 473.01May 1997 – May 2005
Lapsed – – 32,844
SAYE 4,776 – – 3,705 372.01July 2000 – Jan 2001
SAYE lapsed – – 1,071
1Weighted average price.
2Options are carried into retirement under the terms of the various schemes (see page 14). All SAYE options lapsed six months after date of retirement.
3Options are to 19 July 2000 when Barry Morris ceased to be a director.