Unilever 2009 Annual Report Download - page 75

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72 Unilever Annual Report and Accounts 2009
Report of the Directors Governance
Directors’ Remuneration Report (continued)
The following restricted stock awards under the Global Share Incentive Plan vested during 2009 and were outstanding at 1 January 2009
and 31 December 2009:
Balance of Balance of
shares at shares at
1 January 31 December
2009 Vesting in 2009 2009
Share type No. of shares No. of shares Price at vesting No. of shares
Jim Lawrence(a) NV 23,710 11,855 €19.20 11,855
PLC 23,710 11,855 £16.67 11,855
Paul Polman(b) NV 67,653 22,551 €20.50 45,102
PLC 67,653 22,551 £17.95 45,102
(a) Vesting on 1 September 2009 of 1/3 of original award.
(b) Vesting on 6 November 2009 of 1/3 of original award.
Share Save plan (audited)
Awards under the PLC Share Save Plan are subject to five-year vesting periods and vesting is contingent on continued employment
with Unilever.
Balance of Balance of
options at options at First Final
Share 1 January Granted 31 December exercisable expiry
type 2009 in 2009(a) 2009 date date
Paul Polman PLC – 1,042 1,042 01/10/2014 01/04/2015
(a) Option price at grant was £14.92.
Executive Directors’ interests in shares (audited)
Shares held at Shares held at
Share type(a) 1 January 2009(b) 31 December 2009(b)
Jim Lawrence(c) NV 309,193 330,117
PLC 323,435 344,359
Paul Polman NV – 25,964
PLC – 25,964
(a) NV shares are ordinary €0.16 shares and PLC shares are ordinary 31⁄9p shares.
(b) Numbers are excluding unvested matching shares.
(c) Under PLC, balances include 309,750 PLC ADRs.
The table shows the interest in NV and PLC ordinary shares of Executive Directors and their connected persons as at 31 December 2009.
There has been no change in these interests between 31 December 2009 and 1 March 2010.
The voting rights of the Directors who hold interests in the share capitals of NV and PLC are the same as for other holders of the class of
shares indicated. None of the Directors’ (Executive and Non-Executive) or other executive officers’ shareholdings amounts to more than
1% of the issued shares in that class of share. Except as stated above, all shareholdings are beneficial.