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4 Equity Compensation Plans of the Company (continued)
4. 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 – 67,636 169,092 346,228 61,482
5. PSP 2014 Base Awards R2
Name of participant
Balance
as at
1 April 2015
Base Awards
granted
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 – 82,500 82,500 82,500 –
6. Time-based RSP
Details of the time-based RSP are disclosed in Note 5 to the financial statements. The one-o grant of time-based RSP awards granted
on 7 May 2010 was made under the authority of the Board Compensation & Industrial Relations Committee.
The details of the shares awarded under time-based RSP to a Director of the Company are as follows:
Name of participant
Balance
as at
1 April 2015
Awards
granted
during the
financial year
Awards
vested
during the
financial year
Balance
as at
31 March 2016
Aggregate
Awards
granted since
commencement
of RSP to end of
financial year
under review
Aggregate
ordinary shares
released to
participant since
commencement
of RSP to end of
financial year
under review
Goh Choon Phong 27,135 – 27,135 – 106,573 106,573
7. Deferred RSP/RSP 2014
Details of the deferred RSP/RSP 2014 awards of restricted shares are disclosed in Note 5 to the financial statements. The grant of deferred
RSP/RSP 2014 awards granted on 4 September 2013, 28 August 2014 and 10 September 2015, were made under the authority of the Board
Compensation & Industrial Relations Committee.
The details of the shares awarded under deferred RSP/RSP 2014 to a Director of the Company are as follows:
(a) Deferred RSP Awards
Name of participant
Balance
as at
1 April 2015
Base Awards
granted
during the
financial year
Awards
vested
during the
financial year
Balance
as at
31 March 2016
Aggregate
Base Awards
granted since
commencement
of DSA to end of
financial year
under review
Aggregate
ordinary shares
released to
participant since
commencement
of DSA to end of
financial year
under review
Goh Choon Phong 42,037 – – 42,037 42,037 –
Directors’ Statement
Singapore Airlines90
FINANCIAL