Bradken Limited Annual Report 2015 - page 53

BRADKEN LIMITED ANNUAL REPORT 2015 l 18
DIRECTORS’ REPORT
Bradken Limited
Directors' report (continued)
30 June 2015
C. Remuneration report (continued)
(f)
Additional information (continued)
Share based compensation: Rights
Further details relating to rights are set out below.
B
Value at
grant
date
$
C
Value at
exercise
date
$
D
Value at
lapse
date
$
129,390
-
96,658
140,087
-
189,606
94,120
-
41,306
346,302
-
395,462
100,623
-
55,911
131,858
-
31,511
238,510
-
178,175
154,007
-
79,518
A=
B=
C=
D=
Shares under Performance Rights
Unissued shares of Bradken Limited under Performance Right at the date of this report are as follows:
Expiry date
Exercise price
Number of shares under
right
Ten years from Test Date
Ten years from Test Date
Ten years from Test Date
Ten years from Test Date
Ten years from Test Date
Ten years from Test Date
Final Test Date
Final Test Date
Final Test Date
Final Test Date
Final Test Date
Final Test Date
Final Test Date
Nil
Kevin McDermed
22 October 2013
14,968
29,936
881,326
142,151
Nil
Nil
Nil
Nil
847,930
Nil
Nil
Date Rights granted
18 November 2005
Nil
Andrew Allen
Enda Sheridan
Nil
1,063,701
10,344
All Rights expire on the earlier of their expiry date, their exercise, their failure to meet exercise conditions or termination of the
employee’s employment. In addition, the ability to exercise the Rights is conditional on the Group achieving certain performance
hurdles related to relative total shareholder return to the ASX Small Cap Industrial index.
23 October 2012
The value at exercise date of Rights that were granted as part of remuneration and were exercised during the year.
Nil
Brian Hodges
Name
3,353
30 October 2006
Nil
The value at grant date calculated in accordance with AASB 2
Share-based payment
of Rights granted during the year as
part of remuneration.
17 October 2008
14,993
116
17.5%
26.7%
21.9%
22.4%
Steven Perry
Further details are included in the Remuneration Report above.
10,269
31 October 2007
30 October 2006
The value at lapse date of Rights that were granted as part of remuneration and that lapsed during the year.
7,340
The percentage of the value of remuneration consisting of Rights, based on the value at grant date set out in column B.
Remuneration percentage refers to the AASB 2 Share-based payment values reported in the table in section (b) above and
does not correlate to the remuneration received by the executive in the period.
19 September 2013
19 September 2013
19 September 2013
17 October 2008
26.5%
Stephen Cantwell
26.2%
25.0%
Nil
174,900
A
Remuneration
consisting of
Rights
21 August 2014
Nil
Brad Ward
21 October 2014
Craig Lee
20.1%
1...,43,44,45,46,47,48,49,50,51,52 54,55,56,57,58,59,60,61,62,63,...131
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