Tesco 2010 Annual Report Download - page 61
Download and view the complete annual report
Please find page 61 of the 2010 Tesco annual report below. You can navigate through the pages in the report by either clicking on the pages listed below, or by using the keyword search tool below to find specific information within the annual report.Remumeration report
Table 3 Gains made on executive share options2, 3
Value realisable1
Market
Number of Option price at
Date Date Date of options price exercise 2009/10 2008/9
of grant exercisable exercise exercised (pence) (pence) £000 £000
Richard Brasher 26.06.00 26.06.03 24.11.09 106,613 205.00 427.36 237 –
26.04.01 26.04.04 24.11.09 101,215 247.00 427.36 183 –
15.04.02 15.04.05 24.11.09 100,386 259.00 427.36 169 –
14.04.03 14.04.06 24.11.09 151,900 197.50 427.87 350 –
30.04.04 30.04.07 24.11.09 296,150 253.25 427.87 517 –
22.04.05 22.04.08 24.11.09 255,795 312.75 427.87 294 –
08.05.06 08.05.09 24.11.09 345,261 318.60 427.87 377 –
Philip Clarke – – – – – – – –
Andrew Higginson 30.04.04 30.04.07 28.07.09 434,353 253.25 369.13 503 –
Sir Terry Leahy 30.11.99 30.11.02 27.11.09 228,901 173.00 426.86 581 260
20.04.00 20.04.03 23.02.10 17,673 209.50 423.88 38 –
26.06.00 26.06.03 23.02.10 780,487 205.00 423.88 1,708 –
Tim Mason 15.04.02 15.04.05 12.01.10 358,301 259.00 426.40 600 –
30.04.04 30.04.07 12.01.10 434,353 253.25 426.40 752 –
22.04.05 22.04.08 12.01.10 379,856 312.75 426.40 432 –
08.05.06 08.05.09 12.01.10 404,896 318.60 426.40 436 –
Laurie McIlwee 22.04.05 22.04.08 23.02.10 105,500 312.75 423.88 117 –
08.05.06 08.05.09 23.02.10 108,286 318.60 423.88 114 –
Lucy Neville-Rolfe 22.04.05 22.04.09 17.11.09 108,050 312.75 430.64 127 –
08.05.06 08.05.09 17.11.09 116,133 318.60 430.64 130 –
David Potts – – – – – – – –
Total 4,834,109 7,665 260
1 The value realisable from shares acquired on exercise is the difference between the market value at exercise and the exercise price of the option, although the shares may have been retained.
2 Gains made on Save As You Earn share options are not included above. These are detailed in table 5.
3 Gains made on nil cost options awarded under the Performance Share Plan and the Executive Incentive Plan are not included above. These are detailed in table 6 and table 9.
Table 4 Share options held by Directors and not exercised at 27 February 2010
Executive Share Option Schemes (1994) and (1996) and Discretionary Share Option Plan (2004)
Options as at Options Options Options as at Exercise Date from
28 February granted exercised 27 February price which Expiry
Date of grant 2009 in year1 in year2 2010 (pence) exercisable date
Richard Brasher 26.06.2000 106,613 – 106,613 – 205.00 26.06.2003 26.06.2010
26.04.2001 101,215 – 101,215 – 247.00 26.04.2004 26.04.2011
15.04.2002 100,386 – 100,386 – 259.00 15.04.2005 15.04.2012
14.04.2003 151,900 – 151,900 – 197.50 14.04.2006 14.04.2013
30.04.2004 296,150 – 296,150 – 253.25 30.04.2007 30.04.2014
22.04.2005 255,795 – 255,795 – 312.75 22.04.2008 22.04.2015
08.05.2006 345,261 – 345,261 – 318.60 08.05.2009 08.05.2016
08.05.2007 278,627 – – 278,627 473.75 08.05.2010 08.05.2017
12.05.2008 353,114 – – 353,114 427.00 12.05.2011 12.05.2018
06.05.2009 – 467,848 – 467,848 338.40 06.05.2012 06.05.2019
Total 1,989,061 467,848 1,357,320 1,099,589
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
06.05.2009 – 467,848 – 467,848 338.40 06.05.2012 06.05.2019
Total 1,436,710 467,848 – 1,904,558
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
06.05.2009 – 467,848 – 467,848 338.40 06.05.2012 06.05.2019
Total 1,871,063 467,848 434,353 1,904,558
Tesco PLC Annual Report and Financial Statements 2010 59