Tesco 2007 Annual Report Download - page 83

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Note 22 Share-based payments continued
The following tables reconcile the number of share options outstanding and the weighted average exercise price (WAEP):
For the year ended 24 February 2007
Savings-related Irish savings-related Approved Unapproved International executive Nil cost
share option scheme share option scheme share option scheme share option scheme share option scheme share options
Options WAEP Options WAEP Options WAEP Options WAEP Options WAEP Options WAEP
Outstanding at
25 February
2006 181,166,780 211.42 4,705,023 217.96 17,947,537 248.11 95,519,321 242.28 28,097,456 251.69 3,459,458 0.00
Granted 38,895,396 307.00 1,532,291 307.00 5,166,957 316.87 18,751,718 320.22 11,538,336 318.60 2,350,549 0.00
Forfeited (10,898,678) 219.50 (508,283) 215.69 (931,795) 293.25 (3,090,496) 278.00 (1,352,164) 249.71 – –
Exercised (36,060,390) 193.52 (801,622) 190.99 (5,327,666) 220.10 (28,653,628) 216.21 (5,155,523) 221.25 – –
Outstanding at
24 February
2007 173,103,108 236.12 4,927,409 250.27 16,855,033 276.19 82,526,915 267.70 33,128,105 280.68 5,810,007 0.00
Exercisable as at
24 February
2007 5,320,960 196.51 215,648 195.70 5,674,314 226.02 27,295,331 218.90 8,386,290 214.42 – –
Exercise price 195.00 to 195.00 to 197.50 to 164.00 to 176.70 to
range (pence) 198.00 198.00 259.00 259.00 259.00 Nil
Weighted average
remaining
contractual
life (years) 0.20 0.20 4.42 4.73 4.39 –
For the year ended 25 February 2006
Savings-related Irish savings-related Approved Unapproved International executive Nil cost
share option scheme share option scheme share option scheme share option scheme share option scheme share options
Options WAEP Options WAEP Options WAEP Options WAEP Options WAEP Options WAEP
Outstanding at
26 February
2005 186,022,500 194.78 4,895,103 190.80 21,290,693 222.10 97,695,342 227.08 23,025,502 227.10 1,126,257 0.00
Granted 44,347,668 248.00 1,673,357 248.00 4,401,080 312.75 17,483,188 312.75 8,989,071 309.54 2,333,201 0.00
Forfeited (11,451,171) 200.07 (416,444) 192.11 (1,316,210) 233.62 (4,543,756) 239.06 (1,086,847) 240.94 – –
Exercised (37,752,217) 175.82 (1,446,993) 168.25 (6,428,026) 209.19 (15,115,453) 226.56 (2,830,270) 239.54 – –
Outstanding at
25 February
2006 181,166,780 211.42 4,705,023 217.96 17,947,537 248.11 95,519,321 242.28 28,097,456 251.69 3,459,458 0.00
Exercisable as at
25 February
2006 5,904,791 196.90 227,107 169.95 7,721,660 231.70 28,646,347 232.85 7,958,413 224.75 – –
Exercise price 159.00 to 159.00 to 205.00 to 164.00 to 176.70 to
range (pence) 198.00 198.00 259.00 259.00 259.00 Nil
Weighted average
remaining
contractual
life (years) 0.19 0.19 5.02 4.97 4.73 –
81
NOTES TO THE GROUP
FINANCIAL STATEMENTS