Singapore Airlines 2011 Annual Report Download - page 84

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SINGAPORE AIRLINES
082
REPORT BY THE BOARD OF DIRECTORS
5 Equity Compensation Plans of the Company (continued)
(ii) Restricted Share Plan (“RSP”) and Performance Share Plan (“PSP”) (continued)
3. PSP Base Awards R2
Aggregate
Aggregate ordinary shares
Base Base Base Awards released to
Awards Awards granted since participant since
granted vested commencement commencement
during the during the Balance as of PSP to end of of PSP to end of
Name of financial financial at 31 March financial year financial year
participant year year^ 2011 under review under review
Goh Choon Phong 15,000 6,901 34,712 49,829 16,522
(iii) Time-based Restricted Share Plan (“RSP”)
Details of the time-based RSP are disclosed in Note 5 to the financial statements. The time-based RSP
awards were made under the authority of the Board Compensation & Industrial Relations Committee.
The details of the shares awarded under time-based RSP to directors of the Company are as follows:
Aggregate
Aggregate ordinary shares
Awards granted released to
since participant since
Awards Awards commencement commencement
granted vested of time-based of time-based
during the during the Balance as RSP to end of RSP to end of
Name of financial financial at 31 March financial year financial year
participant year year 2011 under review under review
Goh Choon Phong 100,000 - 100,000 100,000 -
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.
# 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.
^ 10,360 PSP Final Awards of SIA ordinary shares were released to Mr Goh Choon Phong pursuant to the vesting of 6,901
PSP Base Awards during the financial year.