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Tesco PLC 27
Table 5 Save as you earn share options continued
Savings-related share option scheme (1981)
Value Value
As at Options Options Options As at Exercise realisable realisable
28 Feb granted exercised lapsed 26 Feb price 2005 2004
Date of grant 2004 in year in year (c) in year 2005 (pence) £’000 £’000
Mr P A Clarke 28.10.1999 2,235 2,235 151.0 4
26.10.2000 1,704–––1,704 198.0
08.11.2001 1,671–––1,671 198.0
08.11.2002 2,066–––2,066 159.0
06.11.2003 1,625–––1,625 195.0
04.11.2004 – 1,424 – 1,424 232.0
Total 9,301 1,424 2,235 – 8,490 4 2
Mr J Gildersleeve (a) 28.10.1999 2,235 – 1,944 291 – 151.0 2
26.10.2000 1,704 – 1,117 587 – 198.0 1
08.11.2002 1,188 – 511 677 – 159.0 – –
Total 5,127 – 3,572 1,555 – 3 –
Mr A T Higginson 28.10.1999 2,235 2,235 151.0 4
26.10.2000 1,704–––1,704 198.0
08.11.2001 1,671–––1,671 198.0
08.11.2002 2,066–––2,066 159.0
06.11.2003 1,625–––1,625 195.0
04.11.2004 – 1,424 – 1,424 232.0
Total 9,301 1,424 2,235 – 8,490 4
Mr T J R Mason (b) 28.10.1999 2,235 – 2,235 – 151.0 4
26.10.2000 1,704–––1,704 198.0
08.11.2001 2,674(a) – 1,671 1,003 198.0
08.11.2002 4,132(a) – 2,066 2,066 159.0
06.11.2003 1,625–––1,625 195.0
04.11.2004 – 1,424 – 1,424 232.0
Total 12,370 1,424 2,235 3,737 7,822 4
Mr D T Potts 26.10.2000 1,704–––1,704 198.0
08.11.2001 1,671–––1,671 198.0
08.11.2002 2,066–––2,066 159.0
06.11.2003 1,625–––1,625 195.0
04.11.2004 – 1,424 – 1,424 232.0
Total 7,066 1,424 – – 8,490 – –
Mr D E Reid (a) 28.10.1999 2,235 – 1,869 366 – 151.0 2
08.11.2001 959 – 698 261 – 198.0 – –
08.11.2002 2,066 – 447 1,619 – 159.0 – –
Total 5,260 – 3,014 2,246 – 2 –
Save as you earn options are not subject to performance conditions since this scheme is an all employee share scheme.
(a) The market price at which Mr R S Ager and Mr J Gildersleeve exercised options was 261.25p. The market price at which
Mr D E Reid exercised options was 260.5p.
(b) Includes family interests.
(c) Options were exercised on 2 February 2005 at a market price of 309.0p, except for Mr R S Ager, Mr J Gildersleeve and Mr D E Reid.