Qantas 2010 Annual Report Download - page 33

Download and view the complete annual report

Please find page 33 of the 2010 Qantas annual report below. You can navigate through the pages in the report by either clicking on the pages listed below, or by using the keyword search tool below to find specific information within the annual report.

Page out of 120

  • 1
  • 2
  • 3
  • 4
  • 5
  • 6
  • 7
  • 8
  • 9
  • 10
  • 11
  • 12
  • 13
  • 14
  • 15
  • 16
  • 17
  • 18
  • 19
  • 20
  • 21
  • 22
  • 23
  • 24
  • 25
  • 26
  • 27
  • 28
  • 29
  • 30
  • 31
  • 32
  • 33
  • 34
  • 35
  • 36
  • 37
  • 38
  • 39
  • 40
  • 41
  • 42
  • 43
  • 44
  • 45
  • 46
  • 47
  • 48
  • 49
  • 50
  • 51
  • 52
  • 53
  • 54
  • 55
  • 56
  • 57
  • 58
  • 59
  • 60
  • 61
  • 62
  • 63
  • 64
  • 65
  • 66
  • 67
  • 68
  • 69
  • 70
  • 71
  • 72
  • 73
  • 74
  • 75
  • 76
  • 77
  • 78
  • 79
  • 80
  • 81
  • 82
  • 83
  • 84
  • 85
  • 86
  • 87
  • 88
  • 89
  • 90
  • 91
  • 92
  • 93
  • 94
  • 95
  • 96
  • 97
  • 98
  • 99
  • 100
  • 101
  • 102
  • 103
  • 104
  • 105
  • 106
  • 107
  • 108
  • 109
  • 110
  • 111
  • 112
  • 113
  • 114
  • 115
  • 116
  • 117
  • 118
  • 119
  • 120

31 ANNUAL REPORT 2010
for the year ended 30 June 2010
Directors’ Report continued
DIRECTORS’ INTERESTS AND BENEFITS
Particulars of Directors’ interests in the issued capital of Qantas at the date of this Report are as follows:
Shares
Directors
2010
Number
2009
Number
Leigh Clifford 51,622 51,622
Alan Joyce 138,255 138,255
Peter Cosgrove12,314 2,314
Patricia Cross 10,474 5,474
Richard Goodmanson 20,000 20,000
Garry Hounsell 43,449 43,449
Paul Rayner 21,622 21,622
John Schubert 41,375 41,375
James Strong 30,670 30,670
Barbara Ward 17,597 17,597
1. Refer below for details of shares held by General Cosgrove under the Non-Executive Director Share Plan.
In addition to the interests shown, indirect interests in Qantas shares held in trust on behalf of General Cosgrove and Mr Joyce are as follows:
Peter Cosgrove
2010
Number
2009
Number
Deferred shares held in trust under:
Non-Executive Director Share Plan114,799 7,692
1. General Cosgrove acquired these shares by salary sacri cing part of his Director’s fee.
Alan Joyce
2010
Number
2009
Number
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 173,363 173,363
2010 Short Term Incentive Plan 1,166,000 –
2,336,863 1,170,863
Rights granted under:
2005 Performance Rights Plan 6,350113,750
2006 Performance Rights Plan 55,000255,000
2007 Performance Rights Plan 65,000365,000
2008 Performance Rights Plan 250,0004250,000
2010-2012 Long Term Incentive Plan 250,0004–
626,350 383,750
1. Mr Joyce can call for these Rights to be converted to Qantas shares. 7,400 Rights expired following the  nal test on 30 June 2010.
2. Mr Joyce can call for 49,720 of these Rights to be converted to Qantas shares. The remaining balance may be called for over the next year only to the extent performance hurdles are achieved.
3. Mr Joyce can call for nil of these Rights to be converted to Qantas shares. The remaining balance may be called for over the next two years only to the extent performance hurdles are achieved.
4. Shareholders approved an award on 28 November 2008 for a pool of 750,000 Rights to be awarded. Rights have been awarded on 4 May 2009 and 9 September 2009.