RBS 2008 Annual Report Download - page 166

165RBS Group Annual Report and Accounts 2008
Share options
Options to subscribe for ordinary shares of 25p each in the company granted to, and exercised by, directors during the year ended 31 December
2008 are shown in the table below. Options held at 1 January 2008 and all subsequent figures have been restated to reflect the rights issue in June
2008 and the capitalisation issue in September 2008.
Options exercised in 2008
Market
price
Options held at Options at date of Options
1 January granted in exercise lapsed in Option price Options held at 31 December 2008
2008 2008 Number £ 2008 £ Number Exercise period
Mr Pell 104,252 4.80 104,252 14.08.04 – 13.08.11
98,879 5.07 98,879 14.03.05 – 13.03.12
178,412 3.45 178,412 13.03.06 – 12.03.13
169,158 4.84 169,158 11.03.07 – 10.03.14
181,304 4.83 181,304 10.03.08 – 09.03.15
223,428 5.17 223,428 09.03.09 – 08.03.16
310,364 4.70 310,364 16.08.10 – 15.08.17
640,871 2.97 640,871 06.03.11 – 05.03.18
1,265,797 1,906,668
Mr Whittaker 203,113 5.17 203,113 09.03.09 – 08.03.16
335,269 4.70 335,269 16.08.10 – 15.08.17
4,423 4,423 3.86 —
582,803 2.97 582,803 06.03.11 – 05.03.18
9,218 1.89 9,218 01.10.15 – 31.03.16(1)
542,805 1,130,403
Sir Fred Goodwin(2) 10,614 3.12 10,614 01.02.09 – 03.03.09
97,826 3.34 97,826 01.02.09 – 02.06.09
550,458 2.18 550,458 01.02.09 – 31.01.10
4,538 3.64 4,538 01.02.09 – 31.07.09(1)
156,559 4.80 156,559 01.02.09 – 31.01.10
147,960 5.07 147,960 01.02.09 – 31.01.10
260,812 3.45 260,812 01.02.09 – 31.01.10
516,521 4.84 516,521 01.02.09 – 31.01.10
569,814 4.83 569,814 01.02.09 – 31.01.10
580,333 5.17 — waived 09.03.09 – 08.03.16
830,192 4.70 — waived 16.08.10 – 15.08.17
1,508,727 2.97 — waived 06.03.11 – 05.03.18
3,725,627 2,315,102
Mr Cameron(3) 68,764 3.12 — lapsed —
137,610 2.18 — lapsed —
93,863 4.80 — lapsed —
113,925 5.07 — lapsed —
188,444 3.45 — lapsed —
180,781 4.84 — lapsed —
290,089 4.83 — lapsed —
304,674 5.17 — lapsed —
447,026 4.70 — lapsed —
847,713 2.97 — lapsed —
4,966 1.89 — lapsed —(1)
1,825,176 —
Mr Fish 386,479 386,479 2.80 2.60 —
134,715 4.83 134,715 10.03.08 – 09.03.15
398,130 5.17 398,130 09.03.09 – 08.03.16
625,329 4.70 625,329 16.08.10 – 15.08.17
1,544,653 1,158,174
Mr Fisher(4) 51,162 2.58 51,162 01.04.02 – 31.03.09
518 3.64 518 01.10.08 – 31.03.09(1)
119,267 2.18 119,267 29.03.03 – 28.03.10
78,099 4.80 78,099 14.08.04 – 13.08.11
81,324 5.07 81,324 14.03.05 – 13.03.12
145,094 3.45 145,094 13.03.06 – 12.03.13
142,041 4.84 142,041 11.03.07 – 10.03.14
217,565 4.83 217,565 10.03.08 – 09.03.15
220,042 5.17 220,042 09.03.09 – 08.03.16
312,919 4.70 312,919 16.08.10 – 15.08.17
1,922 1,922 3.93 —
593,399 2.97 593,399 06.03.11 – 05.03.18
4,966 1.89 4,966 01.10.11 – 31.03.12(1)
1,369,953 1,966,396
Notes:
(1) Options held under the sharesave schemes, which are not subject to performance conditions.
(2) Options held at 21 November 2008 when he ceased to be a director. Unvested awards were waived on cessation and lapsed on 31 January 2009. In respect of his vested options under The
Royal Bank of Scotland Group plc 1999 Executive Share Option Scheme, any options exercisable at 31 January 2009 remain exercisable subject to and in accordance with the rules of that plan
for 12 months from that date, but not after the 10th anniversary of their grant.
(3) Options held at 13 October 2008 when he ceased to be a director. All outstanding awards will lapse when his employment with the company ends on 28 February 2009, which is reflected in the
table above.
(4) Options held at 21 November 2008 when he ceased to be a director. All outstanding awards will lapse when his employment with the company ends on 6 March 2009.