Qantas 2009 Annual Report Download - page 68

66 Qantas Annual Report 2009
Directors’ Report
for the year ended 30 June 2009
In addition to the interests shown, indirect interests in Qantas shares held on behalf of General Cosgrove, Mr Joyce and Mr Storrie under the Qantas
Deferred Share Plan (DSP) are as follows:
2009 2008
Peter Cosgrove Number Number
Deferred shares held in trust under:
Non-Executive Director Share Plan1 7,692 2,475
1. General Cosgrove acquired these shares as part of salar y sacrificing part of his Directors fees.
Alan Joyce
Deferred shares held in trust under:
2004 Performance Share Plan 30,000 30,000
Alan Joyce Award (2005) 25,000 25,000
2005 Performance Share Plan 35,000 35,000
2006 Performance Share Plan 34,000 34,000
2006 Retention Plan 350,000 350,000
2007 Performance Share Plan 23,500 23,500
2007 Retention Plan 400,000 400,000
2008 Performance Share Plan 100,000 100,000
2009 Performance Share Plan 173,3631 –
1,170,863 997,50 0
Rights granted under:
2004/05 Performance Rights Plan –2 7,000
2005 Performance Rights Plan 13,7503 13,750
2006 Performance Rights Plan 55,0004 55,000
2007 Performance Rights Plan 65,000 65,000
2008 Performance Rights Plan 250,0005 –
383,750 140,750
1. The Board approved this award on 18 August 2009 and it was awarded on 19 August 2009.
2. These Rights were forfeited on 5 August 2009.
3. Mr Joyce can call for 6,350 of these Rights to be converted to Qantas shares. To the extent performance hurdles are achieved upon testing over the next year, the remaining balance may be called for.
4. Mr Joyce can call for 45,485 of these Right s to be converted to Qantas shares. To the extent performance hurdles are achieved upon testing over the next two years, the remaining balance may be called for.
5. Shareholders approved this award on 28 November 2008 and the Rights were awarded on 4 May 2009.
Colin Storrie
Deferred shares held in trust under:
2006 Performance Share Plan 14,268 n/a
2006 Retention Plan 200,000 n/a
2007 Performance Share Plan 18,500 n/a
2007 Retention Plan 350,000 n/a
2008 Performance Share Plan 52,000 n/a
2009 Performance Share Plan 54,2701 n/a
689,038 n/a
Rights granted under:
2005 Performance Rights Plan 17,0002 n/a
2006 Performance Rights Plan 35,0003 n/a
2007 Performance Rights Plan 44,000 n/a
2008 Performance Rights Plan 90,0004 n/a
186,000 n/a
1. The Board approved this award on 18 August 2009 and it was awarded on 19 August 2009.
2. Mr Storrie can call for 14,4 84 of these Rights to be converted to Qantas shares. To the ex tent performance hurdles are achieved upon testing over the next year, the remaining balance may be called for.
3. Mr Storrie can call for 28,945 of these Rights to be converted to Qantas shares. To the extent performance hurdles are achieved upon testing over the next two years, the remaining balance may be
called for.
4. Shareholders approved this award on 28 November 2008 and the Rights were awarded on 4 May 2009.