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Report of the Directors
Unilever Annual Report and Accounts 2005 63Unilever Annual Report and Accounts 2005 63
Report of the Remuneration Committee
(continued)
Executive Directors’ Share Matching Plan
The following conditional shares were outstanding, awarded or vested during 2005 under the share matching plan:
Balance of Shares vested during 2005 Balance of
conditional Conditional shares conditional
shares awarded in 2005(1) Shares vested on 21 March 2005(2) Shares vested on 21 March 2005(3) shares at
at 1 January 31 December
2005 Market Original Market Original 2005
Share No. of No. of Price at No. of price price No. of price price No. of
Name type shares shares award shares at vesting at award shares at vesting at award shares
Current Executive Directors
Patrick Cescau NV 4 255 271 €50.70 (421) €50.70 €49.90 (1 461) €50.70 €66.90 2 644
PLC 29 042 1 896 505p (3 327) 505p 392.80p (10 342) 505p 583p 17 269
Kees van der Graaf NV 1 715 238 €50.70 (97)(6) €50.70 €53.70 (425) €50.70 €66.90 1 431
PLC 11 940 1 664 505p (726)(6) 505p 432.75p (3 008) 505p 583p 9 870
Ralph Kugler(4) NV 1 453 1 453
PLC 9 567 9 567
Rudy Markham NV 3 657 328 €50.70 (436) €50.70 €49.90 (1 324) €50.70 €66.90 2 225
PLC 25 095 2 282 505p (3 445) 505p 392.80p (9 370) 505p 583p 14 562
Position changed in 2005
Antony Burgmans NV 5 259 337 €50.70 (525) €50.70 €49.90 (1 768) €50.70 €66.90 3 303(5)
PLC 35 877 2 342 505p (4 147) 505p 392.80p (12 516) 505p 583p 21 556(5)
Former Executive Directors (2005)
Clive Butler NV 3 357 94 €50.70 (481) €50.70 €49.90 (1 151) €50.70 €66.90 1 819(5)
PLC 23 120 657 505p (3 802) 505p 392.80p (8 148) 505p 583p 11 827(5)
Keki Dadiseth NV 3 462 121 €50.70 (1 318) €50.70 €66.90 2 265(5)
PLC 23 220 841 505p (9 327) 505p 583p 14 734(5)
André van Heemstra NV 3 044 90 €50.70 (588) €50.70 €49.90 (953) €50.70 €66.90 1 593(5)
PLC 20 910 627 505p (4 417) 505p 392.80p (6 745) 505p 583p 10 375(5)
(1) Each award of matching shares is conditional and vests three years after the date of the award subject to certain conditions. The 2005
award was made on 21 March 2005 and will vest on 21 March 2008.
(2) The conditional shares awarded on 21 March 2000 (relating to the 1999 performance period) vested on 21 March 2005.
(3) The conditional shares awarded on 21 March 2002 (relating to the 2001 performance period) vested on 21 March 2005.
(4) Balance of conditional shares as from the date of appointment as Executive Director.
(5) Balance is at May 2005 when they stepped down as Executive Director.
(6) Conditional shares awarded 15 May 2000.
The closing market prices of ordinary shares at 31 December 2005 were €57.85 (NV shares) and 576.5p (PLC shares). During 2005 the
highest market prices were €60.80 and 602.5p respectively, and the lowest market prices were €48.39 and 487.5p respectively.