Singapore Airlines 2009 Annual Report Download - page 79
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77
5 Options on Shares in the Company (continued)
(ii) Restricted Share Plan (“RSP”) and Performance Share Plan (“PSP”) (continued)
The particulars of RSP and PSP in subsidiary companies are as follows:
(a) Singapore Airport Terminal Services Limited (“SATS”)
The SATS RSP and SATS PSP were approved by the shareholders of SATS on 19 July 2005.
The basis upon which a share may be awarded is similar to that of the RSP and PSP implemented
by the Company.
The details of the shares awarded under SATS RSP and SATS PSP are as follows:
Number of Restricted shares
Balance at
1.4.2008 / date Balance at
Date of grant of grant Vested Cancelled 31.3.2009
SATS RSP
2.10.2006 176,926 (87,910) (4,972) 84,044
27.7.2007 345,750 - (23,400) 322,350
1.11.2007 41,000 - - 41,000
28.7.2008 532,700 - (21,100) 511,600
17.11.2008 50,000 - - 50,000
1,146,376 (87,910) (49,472) 1,008,994
Number of Performance shares
Balance at
1.4.2008 / date Balance at
Date of grant of grant Cancelled 31.3.2009
SATS PSP
2.10.2006 85,651 - 85,651
27.7.2007 98,200 - 98,200
1.11.2007 55,000 - 55,000
28.7.2008 92,000 - 92,000
330,851 - 330,851