Singapore Airlines 2015 Annual Report Download - page 86

Report by the Board of Directors
3 Directors’ Interests in Shares, Share Options and Debentures (continued)
Direct interest Deemed interest
Name of Director 1.4.2014 31.3.2015 1.4.2014 31.3.2015
Conditional award of deferred restricted shares (Note 3)
Goh Choon Phong – Base Awards 41,020 61,607 – –
Interest in Singapore Telecommunications Limited
Ordinary shares
Stephen Lee Ching Yen 190 190 190 190
Goh Choon Phong 1,610 1,610 – –
Hsieh Tsun-yan 31,000 – 55,000 55,000
Lucien Wong Yuen Kuai 1,680 1,680 1,540 –
Interest in Neptune Orient Lines Limited
Ordinary shares
Stephen Lee Ching Yen 30,000 30,000 – –
$400 million 4.25% Notes due 2017
Hsieh Tsun-yan $250,000 $250,000 – –
Interest in Mapletree Industrial Trust
Units
Lucien Wong Yuen Kuai 315,962 339,419 – –
Interest in Singapore Technologies Engineering Limited
Ordinary shares
Goh Choon Phong 6,000 6,000 – –
Lucien Wong Yuen Kuai 298,000 298,000 – –
Notes:
1. The actual number of 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 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 Awards of fully-paid ordinary shares will vest at the end of 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 oice 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 2015, Mr Goh Choon Phong’s direct interest in the Company increased to
586,802 shares due to the release of 27,135 shares to him on 1 April 2015, following the final vesting of 25% of 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 2015.
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