Marks and Spencer 2007 Annual Report Download - page 51

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2 Directors’ interests in long-term incentive schemes
Directors’ Share Schemes Maximum Maximum Market
shares Shares shares Value
receivable at awarded receivable at on date
Date of 1 April during 31 March of award Earliest date
award 2006 the year 2007 (p) of vesting
Chief Executive
Stuart Rose
Performance Share Plan125/07/2005 473,868 – 473,868 358.75 25/07/2008
19/07/2006 – 663,755 663,755 572.5 19/07/2009
Deferred Share Bonus Plan205/06/2006 – 35,125 35,125 550.0 05/06/2009
Total 473,868 698,880 1,172,748
Executive directors
Ian Dyson
Performance Share Plan125/07/2005 234,146 – 234,146 358.75 25/07/2008
19/07/2006 – 331,878 331,878 572.5 19/07/2009
Deferred Share Bonus Plan205/06/2006 – 48,579 48,579 550.0 05/06/2009
Total 234,146 380,457 614,603
Steven Sharp
Performance Share Plan125/07/2005 234,146 – 234,146 358.75 25/07/2008
19/07/2006 – 331,878 331,878 572.5 19/07/2009
Deferred Share Bonus Plan205/06/2006 – 64,772 64,772 550.0 05/06/2009
Restricted Share Plan324/06/2005 90,000 – 90,000 352.0 24/07/2007
Total 324,146 396,650 720,796
1The number of performance shares is the maximum (100%) of the award that could be receivable by the executive if the EPS performance conditions are fully met
as outlined on page 46.
2Full details of the Deferred Share Bonus Plan are set out on page 45.
3Steven Sharp was awarded these shares before he was appointed an executive director. (Full details of the Restricted Share Plan are set out in Note 12 to the financial
statements on page 74 of the Annual Report.)
There has been no vesting or lapses for any of the above plans during this financial year.
Directors' Share Option Schemes Maximum Maximum
options Options options
receivable at granted receivable at Option
Date of 1 April during 31 March price Option
grant 2006 the year 2007 (p) period
Chief Executive
Stuart Rose
Executive Share Option Scheme120/07/2004 979,825 – 979,825 347.0 20/07/07–19/07/14
SAYE 25/11/2005 4,613 – 4,613 349.0 01/01/11–30/06/11
Total 984,438 – 984,438
Executive directors
Ian Dyson
SAYE 25/11/2005 4,613 – 4,613 349.0 01/01/11 – 30/06/11
Total 4,613 – 4,613
Steven Sharp
Executive Share Option Scheme120/07/2004 302,593 – 302,593 347.0 20/07/07–19/07/14
24/11/2004 104,010 – 104,010 336.5 24/11/07–23/11/14
SAYE 25/11/2005 2,679 – 2,679 349.0 01/01/09–30/06/09
Total 409,282 – 409,282
1The Executive Share Options have not been held for three years and therefore cannot be exercised under the scheme rules; Option price is below the market value
on 31 March 2007 for all options; The performance criteria attached to the Executive Share Option Scheme is described on page 46.
There have been no exercises or lapses for any of the above schemes during this financial year.
The market price of the shares at the end of the financial year was 676.5p; the highest and lowest share price during the financial year were 736.5p and
538.5p respectively.
For both the tables above, the explanation of the performance criteria attached to the Performance Share Plan and the Executive Share Option Scheme
in Long-Term Incentive Schemes on pages 45 and 46 have been audited.
www.marksandspencer.com/annualreport2007 MARKS AND SPENCER GROUP PLC 49
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