Tesco 2005 Annual Report Download - page 32

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30 Tesco PLC
Directors’ remuneration report continued
Table 7 Directors’ interests in the long-term incentive plan continued
No of shares Shares Shares No of shares Value MMP on
Year of Award at 28 Feb awarded released at 26 Feb released Date of release
Name release date 2004 during year during year 2005 £000 release (pence)
Mr T J R Mason 2005 11.05.98 49,892 7,632 57,524 180 10.02.05 312.45
2005 08.05.00 105,698 16,169 121,867 381 10.02.05 312.45
2005 11.04.01 80,470 2,173 82,643 – 11.04.05
2005 09.04.03 291,891 7,882 – 299,773 – 09.04.05 –
2006 16.04.99 59,234 9,062 68,296 – 16.04.06
2006 11.04.01 63,356 9,702 73,058 – 11.04.06
2006 10.04.02 128,646 3,474 – 132,120 – 10.04.06 –
2006 04.05.04 – 250,714 – 250,714 – 04.05.06 –
2007 08.05.00 53,345 8,160 61,505 – 08.05.07
2007 10.04.02 194,450 29,749 – 224,199 – 10.04.07 –
2007 09.04.03 183,784 4,963 – 188,747 – 09.04.07 –
2008 04.05.04 – 167,143 – 167,143 – 04.05.08 –
Mr D T Potts 2005 11.05.98 32,713 5,004 37,717 118 10.02.05 312.45
2005 08.05.00 81,516 12,469 93,985 294 10.02.05 312.45
2005 11.04.01 69,241 1,869 71,110 – 11.04.05
2005 09.04.03 279,469 7,547 – 287,016 – 09.04.05 –
2006 16.04.99 29,577 4,524 34,101 – 16.04.06
2006 11.04.01 54,520 8,339 62,859 – 11.04.06
2006 10.04.02 117,834 3,181 – 121,015 – 10.04.06 –
2006 04.05.04 – 250,714 – 250,714 – 04.05.06 –
2007 08.05.00 41,139 6,293 47,432 – 08.05.07
2007 10.04.02 178,107 27,247 – 205,354 – 10.04.07 –
2007 09.04.03 175,962 4,752 – 180,714 – 09.04.07 –
2008 04.05.04 – 167,143 – 167,143 – 04.05.08 –
Long-Term awards from 2001 are classed as four year cycles and Short-Term awards from 2003 are classed as two year cycles
as no election for enhancement is possible yet.
Long-Term awards can be enhanced from the 4th year, extending the cycle to seven years. Short-Term awards can be enhanced
from the 2nd year, extending the cycle to five years.
(a) Mr R S Ager and Mr J Gildersleeve shares were all released on retirement.