Singapore Airlines 2012 Annual Report Download - page 190
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188 SINGAPORE AIRLINES
Notes to the Financial Statements
31 March 2012
40 Related Party Transactions (in $ million) (continued)
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 at of PSP to end of of PSP to end of
Balance as at financial financial 31 March financial year financial year
Name of participant 1 April 2011 year year Modifications^ 2012 underreview underreview*
Goh Choon Phong 34,712 55,000 10,752 4,671 83,631 109,500 32,652
Mak Swee Wah 48,600 22,000 16,800 3,182 56,982 88,488 41,413
Ng Chin Hwee 48,600 22,000 16,800 3,182 56,982 73,782 25,200
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.
^ Following approval by the Company’s shareholders of the special dividend of $0.80 on 29 July 2011, the Board Compensation and
Industrial Relations Committee approved an increase in all restricted and performance shares outstanding on 18 August 2011.
* During the financial year, 41,130 and 66,530 treasury shares were issued to director and key executives of the Company pursuant to the
RSP and PSP respectively.