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Notes to the Financial Statements
31 March 2016
40 Related Party Transactions (in $ million) (continued)
RSP Final Awards (Pending Release)R1
Name of Participant
Balance
as at
1 April 2015
Final Awards
granted during the
financial year#
Final Awards
released during the
financial year
Balance
as at
31 March 2016
Aggregate ordinary
shares released to
participant since
commencement of RSP
to end of financial year
under review*
Goh Choon Phong 18,950 40,590 30,422 29,118 120,494
Mak Swee Wah 9,475 20,300 15,214 14,561 93,697
Ng Chin Hwee 9,475 20,300 15,214 14,561 74,766
Time-based RSP Awards
Name of Participant
Balance
as at
1 April 2015
Awards
released
during the
financial year
Balance
as at
31 March 2016
Aggregate ordinary shares
released to participant since
commencement of time-based
RSP to end of financial year
under review
Goh Choon Phong 27,135 27,135 – 106,573
Mak Swee Wah 27,135 27,135 – 106,573
Ng Chin Hwee 27,135 27,135 – 106,573
Deferred RSP/PSP 2014 Awards
Name of Participant
Balance
as at
1 April 2015
Awards
granted
during the
financial year
Balance
as at
31 March 2016
Aggregate ordinary shares
released to participant since
commencement of DSA to end of
financial year under review
Goh Choon Phong 61,607 13,170 74,777 –
Mak Swee Wah 24,388 8,890 33,278 –
Ng Chin Hwee 28,148 7,580 35,728 –
PSP Base Awards R2
Name of Participant
Balance
as at
1 April 2015
Base Awards
granted during the
financial year
Base Awards
vested during the
financial year
Balance
as at
31 March 2016
Aggregate
Base Awards
granted since
commencement
of PSP to end of
financial year
under review
Aggregate ordinary
shares released to
participant since
commencement
of PSP to end of
financial year
under review*
Goh Choon Phong 236,728 82,500 67,636 251,592 428,728 61,482
Mak Swee Wah 94,690 33,000 27,054 100,636 216,178 71,883
Ng Chin Hwee 94,690 33,000 27,054 100,636 201,472 55,670
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.
* During the financial year, 60,850 and 81,405 treasury shares were issued to Director and key executives of the Company pursuant to the RSP and time-based RSP
respectively. No PSP Final Awards were issued to Director and key executives of the Company pursuant to the PSP.
Singapore Airlines210
FINANCIAL