RBS 2004 Annual Report Download - page 133

section
02
131
Annual Report and Accounts 2004
Directors’ remuneration report
Governance
Share options
Options to subscribe for ordinary shares of 25p each in the company granted to, and exercised by, directors during the year to
31 December 2004 are included in the table below:
Options exercised in 2004
Options held at Options Market price at
1 January granted in date of exercise Option price Options held at 31 December 2004
2004 2004 Number £ £ Number Exercise period
Sir George Mathewson 69,257 9.33 69,257 11.05.01 – 10.05.08
147,247 7.81 147,247 29.03.03 – 28.03.10
150 12.40 150 09.08.03 – 08.08.06*
20,100 17.18 20,100 14.08.04 – 13.08.11
1,347 13.64 1,347 01.10.08 – 31.03.09*
19,500 18.18 19,500 14.03.05 – 13.03.12
36,400 12.37 36,400 13.03.06 – 12.03.13
36,044 17.34 36,044 11.03.07 – 10.03.14
294,001 36,044 330,045
Sir Fred Goodwin 164,571 8.75 164,571 07.12.01 – 06.12.08
2,963 11.18 2,963 04.03.02 – 03.03.09
27,306 11.97 27,306 03.06.02 – 02.06.09
153,648 7.81 153,648 29.03.03 – 28.03.10
150 150 16.20 12.40 —
43,700 17.18 43,700 14.08.04 – 13.08.11
1,713 9.85 1,713 01.10.05 – 31.03.06*
41,300 18.18 41,300 14.03.05 – 13.03.12
72,800 12.37 72,800 13.03.06 – 12.03.13
144,175 17.34 144,175 11.03.07 – 10.03.14
508,151 144,175 150 652,176
Mr Fish 107,877 9.33 107,877 11.05.01 – 10.05.08
150 12.40 150 09.08.03 – 08.08.06*
108,027 108,027
Mr McLuskie** 16,613 9.33 16,613 11.05.01 – 10.05.08
8,860 11.18 8,860 04.03.02 – 03.03.09
11,356 11.97 11,356 03.06.02 – 02.06.09
33,291 7.81 33,291 29.03.03 – 28.03.10
150 12.40 150 09.08.03 – 08.08.06*
23,300 17.18 23,300 14.08.04 – 13.08.11
335 13.64 335 01.10.04 – 31.03.05*
22,100 18.18 22,100 14.03.05 – 13.03.12
335 12.35 335 01.10.05 – 31.03.06*
39,700 12.37 39,700 13.03.06 – 12.03.13
156,040 156,040
Mr Pell 51,216 7.81 51,216 29.03.03 – 28.03.10
29,100 17.18 29,100 14.08.04 – 13.08.11
27,600 18.18 27,600 14.03.05 – 13.03.12
49,800 12.37 49,800 13.03.06 – 12.03.13
47,217 17.34 47,217 11.03.07 – 10.03.14
157,716 47,217 204,933
Mr Robertson 56,635 9.33 56,635 11.05.01 – 10.05.08
82,654 11.18 82,654 04.03.02 – 03.03.09
128,040 7.81 128,040 29.03.03 – 28.03.10
393 393 16.77 9.85 —
36,400 17.18 36,400 14.08.04 – 13.08.11
304,122 393 303,729
Mr Watt 70,148 12.83 70,148 04.09.03 – 03.09.10
23,300 17.18 23,300 14.08.04 – 13.08.11
710 710 16.21 13.64 —
22,100 18.18 22,100 14.03.05 – 13.03.12
42,500 12.37 42,500 13.03.06 – 12.03.13
43,253 17.34 43,253 11.03.07 – 10.03.14
158,758 43,253 710 201,301
* Options held under the sharesave and option 2000 schemes, which are not subject to performance conditions.
** Mr McLuskie retired from the Group Board on 23 August 2004. The figures quoted above are as at cessation. Subsequently,
Mr McLuskie exercised his Sharesave 2001 grant of 335 options, and has since been granted a Sharesave award in 2004 of 439 options.