Singapore Airlines 2010 Annual Report Download - page 77

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ANNUAL REPORT 2009/10
75
5 Equity Compensation Plans of the Company (continued)
(ii) Restricted Share Plan (“RSP”) and Performance Share Plan (“PSP”) (continued)
The details of the shares awarded under RSP and PSP to directors of the Company are as follows:
1. RSP Base Awards
Aggregate
Base Awards
granted since
Base Awards Base Awards Adjustment commencement
Balance as granted vested arising from Balance as at of RSP to end of
Name of at 1 April during the during the dividend 31 March financial year
participant 2009 financial year financial year in specie* 2010 under review
Chew Choon Seng 100,215 36,000 46,215 10,800 100,800 177,825
2. RSP Final Awards (Pending Release) R1
Aggregate
ordinary shares
released to
participant since
Final Awards Final Awards Adjustment commencement
Balance as granted released arising from Balance as at of RSP to end of
Name of at 1 April during the during the dividend 31 March financial year
participant 2009 financial year# financial year in specie* 2010 under review
Chew Choon Seng 18,472 50,840 34,620 4,162 38,854 53,120
3. PSP Base Awards R2
Aggregate
Aggregate ordinary shares
Base Base Base Awards released to
Awards Awards granted since participant since
granted vested Adjustment commencement commencement
Balance as during the during the arising from Balance as of PSP to end of of PSP to end of
Name of at 1 April financial financial dividend at 31 March financial year financial year
participant 2009 year year^ in specie* 2010 under review under review
Chew Choon Seng 134,625 48,000 27,729 18,587 173,483 201,212 20,796
R1 The actual number of RSP Final Awards of fully paid ordinary shares will range from 0% to 150% of the Base Awards and is contingent
on the Achievements against Targets over the two-year performance periods relating to the relevant awards.
R2 The actual number of PSP Final Awards of fully paid ordinary shares will range from 0% to 200% of the Base Awards and is contingent
on the Achievements against Targets over the three-year performance periods relating to the relevant awards.
* Arising from the dividend in specie of shares in SATS on 1 September 2009.
# Final Awards granted during the financial year is determined by applying the achievement factor to the Base Awards that have vested
during the financial year.
^ 20,796 PSP Final Awards of SIA ordinary shares were released to Mr Chew pursuant to the vesting of 27,729 PSP Base Awards during
the financial year.