Marks and Spencer 2009 Annual Report Download - page 75

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71
Share Option Schemes
Options Options Options Maximum options
Maximum options granted exercised lapsed receivable at
receivable at during during during 28 March 2009 Option price
Date of grant 30 March 2008 the year the year the year or date of leaving (p) Option period
Chairman
Sir Stuart Rose
Executive Share
Option Scheme120/07/04 979,825 – – – 979,825 347.0 20/07/07–19/07/14
SAYE225/11/05 4,613 – – 4,613 –349.0 –
21/11/08 – 4,729 – – 4,729 203.0 01/01/12–30/06/12
Total 984,438 4,729 – 4,613 984,554
Executive directors
Kate Bostock
Executive Share
Option Scheme124/11/04 249,627 – – – 249,627 336.5 24/11/07–23/11/14
SAYE 25/11/05 2,679 – – – 2,679 349.0 01/01/09–30/06/09
21/11/08 – 4,729 – – 4,729 203.0 01/01/12–30/06/12
Total 252,306 4,729 – – 257,035
Ian Dyson
SAYE225/11/05 4,613 – – 4,613 –349.0 –
21/11/08 – 4,729 – – 4,729 203.0 01/01/12–30/06/12
Total 4,613 4,729 – 4,613 4,729
Steven Sharp
Executive Share
Option Scheme120/07/04 302,593 – – – 302,593 347.0 20/07/07–19/07/14
24/11/04 104,010 – – – 104,010 336.5 24/11/07–23/11/14
SAYE 25/11/05 2,679 – – – 2,679 349.0 01/01/09–30/06/09
21/11/08 – 4,729 – – 4,729 203.0 01/01/12–30/06/12
Total 409,282 4,729 – – 414,011
Directors retiring from the Board during the year
Steven Esom
SAYE 23/11/07 1,856 – – 1,856 – 517.0 –
Total 1,856 – – 1,856 –
1 The Executive Share Options have all been held for three years and have met their performance targets and can therefore be exercised under the scheme rules;
All option prices were below the market value on 28 March 2009;
The performance criteria attached to the Executive Share options Scheme is described on page 66.
2 On 10 November 2008, in accordance with the November 2005 Sharesave scheme terms and conditions, Stuart Rose and Ian Dyson surrendered their awards granted in
November 2005.
The market price of the shares at the end of the financial year was 265.25p; the highest and lowest share price during the financial year were 417.0p and 200.0p respectively.
For the tables on pages 70 and 71, the explanation of the performance criteria attached to the the Performance Share Plan and the Executive Share Option Scheme can be
found on page 66 and have been audited.
Approved by the Board
Louise Patten Chairman of the Remuneration Committee
London
18 May 2009