Telstra 2015 Annual Report Download - page 66

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Remuneration Report
64 Telstra Corporation Limited and controlled entities
5.6 Value of LTI and other equity instruments granted, exercised and expired/forfeited in FY15 (*)
(1) The fair value of the RTSR and FCF ROI Performance Rights granted in FY15 at the grant date of 15 October 2014 is $3.07 and $4.59 respectively. The fair value reflects the
valuation approach required by AASB 2 using an option pricing model, as explained in note 27 to the financial statements.
(2) The FY15 Restricted Share grant to Stuart Lee was made in lieu of participation in the FY14 LTI plan, see 2.3 d) for more information. The fair value of the Restricted Shares
granted during FY15 at the grant date of 15 August 2014 was $5.64 and was based on the market value of Telstra shares.
(3) The value of the equity instruments vested/exercised reflects the market value at the date the instruments vested and were released from restriction.
(*) STI Restricted Shares are excluded from this table, refer to tables 5.2 and 5.8 for further information.
Granted during period ($) (1) (2) Vested/exercised ($) (3)
Name Performance Rights Restricted Shares Performance Rights Performance Shares
Andrew Penn 1,629,788 - - 275,025
Gordon Ballantyne 1,466,806 - - -
Warwick Bray 325,956 - 811,214 -
Stuart Lee - 661,442 1,761,324 -
Kate McKenzie 1,303,832 - 1,712,399 -
Robert Nason 1,173,443 - 1,663,474 -
Brendon Riley 1,466,806 - - -
David Thodey 3,599,112 - 7,674,575 -