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THE QANTAS GROUP 88
for the year ended 30 June 2010
Notes to the Financial Statements continued
(ii) Retention Plan (RP)
Key Management Personnel
Opening
Balance
Number
Granted
Number
Forfeited
Number
Vested and
Transferred
Closing
Balance
Not Available
to Call
Available to
Call
Alan Joyce 2010 Total 750,000 – – – 750,000 – 750,000
2009 Total 750,000 – – – 750,000 480,000 270,000
Simon Hickey 2010 Total 400,000 – – – 400,000 – 400,000
2009 Total 400,000 – – – 400,000 265,000 135,000
Colin Storrie12010 Total 550,000 – (38,333) (511,667) –––
2009 Total 550,000 – – – 550,000 315,000 235,000
Geoff Dixon22009 Total 1,000,000 – – (1,000,000) –––
Peter Gregg22009 Total 800,000 – – (800,000) –––
John Borghetti22009 Total 800,000 – – (800,000) –––
Kevin Brown22009 Total 700,000 – – (700,000) –––
David Cox22009 Total 700,000 – – – 700,000 465,000 235,000
Grant Fenn22009 Total 700,000 – – – 700,000 465,000 235,000
1. Ceased to be KMP during 2009/2010.
2. Ceased to be KMP during 2008/2009.
No amount has been paid, or is payable, by the Executive in relation to these deferred shares.
(iii) Long Term Incentive Plan (LTIP)
Key Management Personnel
Opening
Balance
Number
Granted
Number
Forfeited
Number Vested
and Transferred
Closing
Balance
Alan Joyce 2010 Total 390,750 250,000 (7,000) – 633,750
2009 Total 177,000 250,000 – (36,250) 390,750
Bruce Buchanan 2010 Total 92,100 119,000 (1,600) – 209,500
2009 Total 21,600 70,500 – – 92,100
Gareth Evans 2010 Total 101,075 55,000 (2,500) – 153,575
2009 Total n/a n/a n/a n/a n/a
Rob Gurney 2010 Total 101,075 104,000 (2,500) (18,191) 184,384
2009 Total 60,500 50,000 – (9,425) 101,075
Simon Hickey 2010 Total 146,225 112,000 (1,600) – 256,625
2009 Total 86,600 70,500 – (10,875) 146,225
Lyell Strambi 2010 Total 75,000 126,000 – – 201,000
2009 Total – 75,000 – – 75,000
Colin Storrie12010 Total 189,000 90,000 (124,640) (45,249) 109,111
2009 Total 99,000 90,000 – – 189,000
Geoff Dixon22009 Total 690,000 – (150,000) – 540,000
Peter Gregg22009 Total 308,000 – (231,320) (76,680) –
John Borghetti22009 Total 287,000 – (223,100) (63,900) –
Kevin Brown22009 Total 166,000 – (123,400) (42,600) –
David Cox22009 Total 138,000 – – (34,080) 103,920
Grant Fenn22009 Total 167,000 85,500 – (42,600) 209,900
1. Ceased to be KMP during 2009/2010.
2. Ceased to be KMP during 2008/2009.
The Rights were granted with a nil exercise price on 9 September 2009 (2009: 4 May 2009). The fair value of Rights granted is calculated at the date
of grant using a Monte Carlo model to value the Rights with the TSR performance condition and a Black Scholes model to value the Rights with the
EPS performance condition. The weighted average fair value of Rights granted was $2.05 (2009: $1.64). No amount has been paid, or is payable,
by the Executive in relation to these Rights.
31. Related Parties continued