Telstra 2016 Annual Report Download - page 69

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Telstra Corporation Limited and controlled entities | 67
5.3 Summary of LTI plans as at 30 June 2016
1. Mr Lee, Mr Ballantyne and Dr Wildberger have been excluded from the table above as they ceased to be Senior Executives before 30 June 2016.
2. Restriction period end date refers to the end of the Restriction Period for Performance Rights.
3. Vest has the meaning here as de ned in the Australian Accounting Standards. A Performance Right vests when it has been performance tested and the resultant
Restricted Share has been released from restriction and provided to the executive.
4. The values included in the table above have been calculated by applying valuation methodologies or are based on the market value of Telstra shares at the grant date,
as described in note 5.2 to the  nancial statements.
5. Mr Russell did not participate in any LTI plans during FY16.
Name1
Plan Performance period Restriction
Period end date2
Future  nancial
years in which
grants may Vest3
Accounting value
yet to vest4
Min ($) Max ($)
Andrew Penn FY13 1/07/12 – 30/06/15 17/08/2016 FY17 nil –
FY14 1/07/13 – 30/06/16 30/06/2017 FY17 nil 288,718
FY15 1/07/14 – 30/06/17 30/06/2018 FY18 nil 814,894
FY16 1/07/15 – 30/06/18 30/06/2019 FY19 nil 1,977,006
Warwick Bray FY14 1/07/13 – 30/06/16 30/06/2017 FY17 nil 51,090
FY15 1/07/14 – 30/06/17 30/06/2018 FY18 nil 162,978
FY16 1/07/15 – 30/06/18 30/06/2019 FY19 nil 748,287
Will Irving FY13 1/07/12 – 30/06/15 17/08/2016 FY17 nil –
FY14 1/07/13 – 30/06/16 30/06/2017 FY17 nil 189,187
FY15 1/07/14 – 30/06/17 30/06/2018 FY18 nil 193,566
FY16 1/07/15 – 30/06/18 30/06/2019 FY19 nil 242,376
Kate McKenzie FY13 1/07/12 – 30/06/15 17/08/2016 FY17 nil –
FY14 1/07/13 – 30/06/16 30/06/2017 FY17 nil 207,081
FY15 1/07/14 – 30/06/17 30/06/2018 FY18 nil 651,916
FY16 1/07/15 – 30/06/18 30/06/2019 FY19 nil 816,309
Brendon Riley FY13 1/07/12 – 30/06/15 17/08/2016 FY17 nil –
FY14 1/07/13 – 30/06/16 30/06/2017 FY17 nil 268,806
FY15 1/07/14 – 30/06/17 30/06/2018 FY18 nil 733,403
FY16 1/07/15 – 30/06/18 30/06/2019 FY19 nil 918,351
Kevin Russell5 – – – – – –
Total nil 8,263,968
Remuneration Report | Telstra Annual Report 2016