Singapore Airlines 2014 Annual Report Download - page 91

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089
ANNUAL REPORT FY2013/14
3฀฀ Directors’฀Interests฀in฀Shares,฀Share฀Options฀and฀Debentures฀(continued)
Notes:
1. 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.
2. 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.
3. The Deferred Share Award of fully-paid ordinary shares will vest at the end of the three years from the date of the
grant of the award. At the end of the vesting period, an additional final award will be vested equal to the Base Award
multiplied by the accumulated dividend yield (based on the sum of SIA share dividend yields declared with ex-dividend
dates occurring during the vesting period).
Except as disclosed in this report, no other Director who held office at the end of the financial year had interests in shares,
share options or debentures of the Company, or of related corporations, either at the beginning of the financial year or at
the end of the financial year.
Between the end of the financial year and 21 April 2014, Mr Goh Choon Phong’s direct interest in the Company increased
to 332,637 shares due to the release of 26,479 shares to him on 1 April 2014, following the second vesting of 25% of
105,917 time-based restricted shares awarded in May 2010.
Except as disclosed above, there were no changes in any of the above-mentioned interests between the end of the financial
year and 21 April 2014.
4 Directors’ Contractual Benefits
Except as disclosed in the financial statements, since the end of the previous financial year, no Director of the Company has
received or become entitled to receive a benefit by reason of a contract made by the Company or a related corporation with
the Director, or with a firm of which the Director is a member, or with a company in which the Director has a substantial
financial interest.
5 Equity Compensation Plans of the Company
The Company has in place, the SIA Employee Share Option Plan (“ESOP”), SIA Restricted Share Plan (“RSP”) and SIA
Performance Share Plan (“PSP”).
At the date of this report, the Board Compensation & Industrial Relations Committee which administers the ESOP, RSP and
PSP comprises the following Directors:
Stephen Lee Ching Yen – Chairman
Gautam Banerjee
Hsieh Tsun-yan
Helmut Gunter Wilhelm Panke
Jackson Peter Tai