Peachtree 2013 Annual Report Download - page 88

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Performance Share Plan (audited information)
The outstanding awards granted to each director of the Company under the Performance Share Plan are as follows:
Director
Awarded
1 October
2012
number
Awarded
during
the year
number
Vested
during
the year
number
Lapsed
during
the year
number
Awarded
30 September
2013
number Vesting date
G S Berruyer 507,280 – – (507,280) –4 March 2013
737,795 –––737,795 10 March 2014
476,062 – – – 476,062 12 March 2015
–527,286 – – 527,286 14 March 2016
1,721,137 527,286 –(507,280) 1,741,143
P S Harrison 325,278 – – (325,278) –4 March 2013
314,349 – – (314,349) –10 March 2014
293,103 – – (293,103) –12 March 2015
–324,736 –(324,736) –14 March 2016
932,730 324,736 –(1,257,466) –
Total 2,653,867 852,022 –(1,764,746) 1,741,143
Notes:
– No variations were made in the terms of the awards in the year.
– The market price of a share on 14 March 2013, the date of the awards made in the year ended 30 September 2013, was 342p.
– The performance condition for awards made in March 2009, 2010 and 2011 is set out above.
– P S Harrison ceased to be a director on 16 August 2013.
Deferred shares (audited information)
The outstanding awards granted to each director of the Company under The Sage Group Deferred Bonus Plan are as follows:
Director
Shares at
1 October
2012
number
Shares awarded
during
the year
number
Shares vested
during
the year
number
Shares lapsed
during
the year
number
Shares at
30 September
2013
number Vesting date
G S Berruyer 12,404 –––12,404 10 January 2014
12,404 –––12,404
P S Harrison 9,709 – – (9,709) –10 January 2014
2,602 – – (2,602) –12 December 2014
12,311 – – (12,311) –
Total 24,715 – – (12,311) 12,404
Notes:
– Awards of shares will vest on the third anniversary of the date of grant. In the event that a director ceases to be an employee of the Group for reasons other than death,
retirement, redundancy, injury, ill-health or disability before the third anniversary of the date of grant then the rights to the award will lapse, unless the Remuneration Committee
recommend otherwise.
– Awards are not subject to further performance conditions once granted.
– No variations were made in the terms of the awards in the year.
– P S Harrison ceased to be a director on 16 August 2013.
Directors’ remuneration report continued
Directors’ annual remuneration report continued
86 The Sage Group plc | Annual Report & Accounts 2013