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57
DIRECTORS’ REMUNERATION REPORT
Tesco PLC Annual Report and Financial Statements 2009
To find out more go to
www.tesco.com/annualreport09
Table 4 Share options held by Directors and not exercised at 28 February 2009 continued
Executive share option schemes (1994) and (1996) and discretionary share option plan (2004)
Options as at Options Options Options as at Exercise Date from
23 February granted exercised 28 February price which Expiry
Date of grant 2008 in year1 in year3 2009 (pence) exercisable date
Philip Clarke 22.04.2005 379,856 – – 379,856 312.75 22.04.2008 22.04.2015
08.05.2006 404,896 – – 404,896 318.60 08.05.2009 08.05.2016
08.05.2007 298,844 – – 298,844 473.75 08.05.2010 08.05.2017
12.05.2008 – 353,114 – 353,114 427.00 12.05.2011 12.05.2018
Total 1,083,596 353,114 – 1,436,710
Andrew Higginson 30.04.2004 434,353 – – 434,353 253.25 30.04.2007 30.04.2014
22.04.2005 379,856 – – 379,856 312.75 22.04.2008 22.04.2015
08.05.2006 404,896 – – 404,896 318.60 08.05.2009 08.05.2016
08.05.2007 298,844 – – 298,844 473.75 08.05.2010 08.05.2017
12.05.2008 – 353,114 – 353,114 427.00 12.05.2011 12.05.2018
Total 1,517,949 353,114 – 1,871,063
Sir Terry Leahy 30.09.1998 126,832 – 126,832 – 164.00 30.09.2001 30.09.2008
30.11.1999 228,901 – – 228,901 173.00 30.11.2002 30.11.2009
20.04.2000 17,673 – – 17,673 209.50 20.04.2003 20.04.2010
26.06.2000 780,487 – – 780,487 205.00 26.06.2003 26.06.2010
26.04.2001 647,773 – – 647,773 247.00 26.04.2004 26.04.2011
15.04.2002 642,471 – – 642,471 259.00 15.04.2005 15.04.2012
14.04.2003 939,747 – – 939,747 197.50 14.04.2006 14.04.2013
30.04.2004 766,041 – – 766,041 253.25 30.04.2007 30.04.2014
22.04.2005 658,673 – – 658,673 312.75 22.04.2008 22.04.2015
08.05.2006 709,353 – – 709,353 318.60 08.05.2009 08.05.2016
08.05.2007 523,556 – – 523,556 473.75 08.07.2010 08.05.2017
12.05.2008 – 618,548 – 618,548 427.00 12.05.2011 12.05.2018
Total 6,041,507 618,548 126,832 6,533,223
Tim Mason 15.04.2002 358,301 – – 358,301 259.00 15.04.2005 15.04.2012
30.04.2004 434,353 – – 434,353 253.25 30.04.2007 30.04.2014
22.04.2005 379,856 – – 379,856 312.75 22.04.2008 22.04.2015
08.05.2006 404,896 – – 404,896 318.60 08.05.2009 08.05.2016
10.08.2007 333,319 – – 333,319 424.75 10.08.2010 10.08.2017
12.05.2008 – 353,114 – 353,114 427.00 12.05.2011 12.05.2018
Total 1,910,725 353,114 – 2,263,839
Laurie McIlwee 2 22.04.2005 105,500 – – 105,500 312.75 22.04.2008 22.04.2015
08.05.2006 108,286 – – 108,286 318.60 08.05.2009 08.05.2016
08.05.2007 77,192 – – 77,192 473.75 08.07.2010 08.05.2017
12.05.2008 91,335 – – 91,335 427.00 12.05.2011 12.05.2018
Total 382,313 – – 382,313
Lucy Neville-Rolfe 22.04.2005 108,050 – – 108,050 312.75 22.04.2008 22.04.2015
08.05.2006 116,133 – – 116,133 318.60 08.05.2009 08.05.2016
08.05.2007 189,973 – – 189,973 473.75 08.05.2010 08.05.2017
12.05.2008 – 231,850 – 231,850 427.00 12.05.2011 12.05.2018
Total 414,156 231,850 – 646,006
David Potts 22.04.2005 379,856 – – 379,856 312.75 22.04.2008 22.04.2015
08.05.2006 404,896 – – 404,896 318.60 08.05.2009 08.05.2016
08.05.2007 298,844 – – 298,844 473.75 08.05.2010 08.05.2017
12.05.2008 – 353,114 – 353,114 427.00 12.05.2011 12.05.2018
Total 1,083,596 353,114 – 1,436,710
Total 14,069,789 2,615,968 126,832 16,558,925
1 Executive share options are subject to performance conditions measured over three years as set out on page 53. EPS growth for the period 2005/6 to 2007/8 exceeded RPI growth by 42%,
therefore share options awarded on 22 April 2005 vested in full on 22 April 2008. Executives have until the tenth anniversary of the date of grant to exercise their options.
2 Laurie McIlwee was appointed on 27 January 2009. Figures shown in this table are from his date of appointment.
3 The market price at exercise is shown in table 3. The share price at 28 February 2009 was 333.20 pence. The share price during the 53 weeks to 28 February 2009 ranged from
285.90 pence to 437.00 pence.