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FINANCIAL STATEMENTS OUR BUSINESSOUR PERFORMANCEGOVERNANCE
65
ANNUAL REPORT AND FINANCIAL STATEMENTS 2016
EXECUTIVE DIRECTORS’ REMUNERATION CONTINUED
FIGURE 23: EXECUTIVE DIRECTORS’ INTERESTS IN THE COMPANY’S SHARE SCHEMES (audited)
Date
of grant
Maximum
receivable at
29 March 2015
(or date of
appointment)
Awarded
during
the year
Exercised
during
the year
Lapsed
during
the year
Maximum
receivable at
2 April 2016
(or date of
retirement)
Option
price
(p)
Share
price
on date
of grant
(p)
Share
price on
date of
exercise
(p)
Exercise period/
vesting date
Marc Bolland
Performance Share Plan118/06/12 749,769 – 35,239 714,530 – 0.0 325.1 543.5 –
24/06/13 557,780 – – – 557,780 0.0 437.0 – 24/06/16 – 23/06/23
23/06/14 557,780 – – – 557,780 0.0 437.0 – 23/06/17 – 22/06/24
24/07/15 – 456,974 – – 456,974 0.0 533.4 – 24/07/18 – 23/07/25
Deferred Share Bonus Plan 18/06/12 101,968 – 101,968 – – 0.0 325.1 543.5 –
24/06/13 94,822 – – – 94,822 0.0 437.0 – 24/06/16 – 23/06/23
19/06/15 – 54,331 – – 54,331 0.0 548.3 – 19/06/18 – 18/06/25
SAYE 21/11/13 2,222 – – – 2,222 405.0 505.6 – 01/01/17 – 30/06/17
Total 2,064,341 511,305 137,207 714,530 1,723,909
Patrick Bousquet-Chavanne2
Performance Share Plan105/12/12 230,735 – 10,844 219,891 – 389.4 503.0 –
24/06/13 216,421 – – – 216,421 437.0 – 24/06/16
23/06/14 300,343 – – – 300,343 – 437.0 – 24/06/17
24/07/15 – 255,905 – 255,905 533.4 – 24/07/18
Deferred Share Bonus Plan 24/06/13 26,195 – – – 26,195 437.0 – 24/06/16
19/06/15 – 20,253 – 20,253 548.3 19/06/18
Restricted Share Plan 13/09/12 174,258 – 174,258 – – 368.0 505.0 –
SAYE 21/11/13 2,222 – – – 2,222 405.0 505.6 – 01/01/17 – 30/06/17
Total 950,174 276,158 185,102 219,891 821,339
John Dixon3
Performance Share Plan118/06/12 432,174 – 20,312 411,862 – 0.0 325.1 536.0 –
24/06/13 343,249 – – 343,249 – 0.0 437.0 – –
23/06/14 343,249 – – 343,249 – 0.0 437.0 – –
Deferred Share Bonus Plan 18/06/12 62,233 – 62,233 – – 0.0 325.1 543.5 –
24/06/13 62,471 – – 62,471 – 0.0 437.0 – –
19/06/15 – 19,806 – 19,806 – 0.0 548.3 – –
SAYE 21/11/13 2,222 – – 2,222 – 405.0 505.6 – –
Total 1,245,598 19,806 82,545 1,182,859 –
1. The number of options/conditional shares shown under the Performance Share Plan is the maximum (100%) number that could be receivable by the executive director if the
performance conditions are fully met. The 2012 award vested in June 2015 at 4.7% (December 2015 for Patrick Bousquet-Chavanne). 4.8% ofthe 2013 award will vest in June 2016,
as set out on page 62.
2. Patrick Bousquet-Chavanne’s awards are structured as conditional shares. His RSP award was made prior to his appointment to executive director.
3. John Dixon resigned from the Board on 16 July 2015 and left the Company on 16 January 2016. Details of his leaving arrangements are set out on page 68. All awards made in 2013,
2014 and 2015 and his SAYE award lapsed on leaving the Company. For transparency, these are shown in the ‘lapsed during the year’ column.