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 2010
Whitehaven Coal Limited -- Annual Report 2010 33 7.3 Equity instruments -- audited All options refer to options over ordinary shares of Whitehaven Coal Limited. 7.3.1 Options over equity instruments granted as compensation -- audited Details on options over ordinary shares in the Company that were granted to each key management person during the reporting period are as follows: Number of options granted during 2010 Grant date Fair value per option at grant date Exercise price per option Vesting date Expiry date Executive Director Allan Davies 1,666,666 17 Nov 2009 $2.72 $1.70 31 Oct 2009 31 Oct 2013 1,666,667 17 Nov 2009 $2.39 $1.70 31 Oct 2010 31 Oct 2013 1,666,667 17 Nov 2009 $2.12 $1.70 31 Oct 2011 31 Oct 2013 The fair value of these options attributable to the period ended 30 June 2010 of $9,508,000 has been recognised in the profit and loss. The options will vest if Mr Davies remains with the Company for a period up to the vesting date. Other than the SARs disclosed in section 7.1 of the remuneration report, no options have been granted since the end of the financial year. The options were provided at no cost to the recipients. 7.3.2 Modification of terms of equity-settled share-based payment transactions -- audited No terms of equity-settled share-based payment transactions have been altered or modified by the issuing entity during the reporting period. 7.3.3 Exercise of options over equity instruments granted as compensation -- audited During the reporting period the following shares were issued on the exercise of options previously granted: Number of shares Amount paid $/share Director related entities Tony Haggarty 7,326,266 1.00 Andy Plummer 7,326,266 1.00 Executives Tony Galligan 33,334 1.00 There are no unpaid amounts on the shares issued as a result of the exercise of the options in the 2010 financial year.
Annual Report 2009
Annual Report 2011