by clicking the arrows at the side of the page, or by using the toolbar.
by clicking anywhere on the page.
by dragging the page around when zoomed in.
by clicking anywhere on the page when zoomed in.
web sites or send emails by clicking on hyperlinks.
Email this page to a friend
Search this issue
Index - jump to page or section
Archive - view past issues
Whitehaven Coal Limited : Annual Report 2009
34 7. REMUNERATION REPORT AUDITED (CONTINUED) 7.3.5 Analysis of movements in options -- audited The movement during the reporting period, by value, of options over ordinary shares in the Company held by director related entities and each key management person is detailed below. Granted in year $ (A) Value of options exercised in year $ (B) Lapsed in year $ (C) Executives Austen Perrin 137,233 -- -- Leigh Whitton -- 69,999 -- Tony Galligan -- 69,999 -- Director related entities Tony Haggarty -- 15,983,211 -- Andy Plummer -- 15,983,211 -- (A) The value of options granted in the year is the fair value of the options calculated at grant date using the Black Scholes model. The total value of the options granted is included in the table above. This amount is allocated to remuneration over the vesting period (i.e. in years 1 July 2008 to 1 July 2013). (B) The value of options exercised during the year is calculated as the market price of shares of the Company as at close of trading on the date the options were exercised after deducting the price paid to exercise the option. (C) The value of options exercised that lapsed during the year represents the benefit forgone and is calculated at the date the option lapsed using the Black Scholes model. No options lapsed in the year. DIRECTORS' REPORT
Annual Report 2008
Annual Report 2010