Schemes and grant |
Option exercise price pence |
Charge for 2008 £m |
Closing reserve 31 December 2008 £m |
Charge for 2007 pence |
Closing reserve 31 December 2007 £m |
Fully reserved schemes and grant |
110.82–152.85 | – | 1.1 | – | 1.1 |
2004 PSP grant |
0.00 | 0.4 | 0.6 | – | 0.2 |
2005 executive grant |
161.77 | 0.1 | 0.5 | 0.1 | 0.4 |
2005 Sharesave 3 yrs grant |
146.49 | – | 0.2 | 0.1 | 0.2 |
2005 Sharesave 5 yrs grant |
146.49 | – | – | – | – |
2005 PSP grant |
0.00 | 0.1 | 0.4 | 0.1 | 0.3 |
2006 executive grant |
293.00 | 0.2 | 0.6 | 0.2 | 0.4 |
2006 PSP grant |
0.00 | 0.1 | 0.4 | 0.2 | 0.3 |
2007 Sharesave 3 yrs grant |
266.00 | – | 0.1 | 0.1 | 0.1 |
2007 LTIP grant |
0.00 | 0.2 | 0.4 | 0.2 | 0.2 |
2007 PSP grant |
0.00 | 0.1 | 0.3 | 0.2 | 0.2 |
2007 SIP grant |
0.00 | 0.3 | 0.6 | 0.3 | 0.3 |
2008 LTIP grant |
0.00 | 0.2 | 0.2 | – | – |
2008 PSP grant |
0.00 | 0.1 | 0.1 | – | – |
2008 SIP grant |
0.00 | 0.3 | 0.3 | – | – |
| 2.1 | 5.8 | 1.5 | 3.7 |
At 31 December 2008 |
||||||||
Schemes and grant |
Option exercise price |
At 1 January |
Granted |
Exercised |
Lapsed |
Adjustments |
At 31 December |
Exercisable |
2003 executive grant |
110.82p | 435,062 | – | (274,107) | (4,900) | – | 156,055 | Apr 2006 |
2004 executive grant |
152.85p | 1,057,018 | – | (552,732) | (12,561) | – | 491,725 | Mar 2007 |
2004 Sharesave 3 yrs grant |
134.11p | 5,622 | – | (5,622) | – | – | – | July 2007 |
2004 Sharesave 5 yrs grant |
134.11p | 134,827 | – | (4,040) | (22,780) | – | 108,007 | July 2009 |
2004 PSP grant |
0.0p* | 494,146 | – | – | (2,569) | – | 491,577 | Mar 2009 |
2005 executive grant |
161.77p | 2,207,065 | – | (1,155,789) | (93,148) | – | 958,128 | Mar 2008 |
2005 Sharesave 3 yrs grant |
146.49p | 450,389 | – | (392,928) | (12,022) | – | 45,439 | Dec 2008 |
2005 Sharesave 5 yrs grant |
146.49p | 191,002 | – | – | (24,178) | – | 166,824 | Dec 2010 |
2005 PSP grant |
0.0p* | 505,189 | – | – | (5,193) | – | 499,996 | Mar 2010 |
2006 executive grant |
293.00p | 2,020,164 | – | (16,959) | (149,191) | – | 1,854,014 | Mar 2009 |
2006 PSP grant |
0.0p* | 326,417 | – | – | – | – | 326,417 | Mar 2011 |
2007 Sharesave 3 yrs grant |
266.00p | 303,381 | – | (228) | (17,033) | – | 286,120 | July 2010 |
2007 Sharesave 5 yrs grant |
266.00p | 214,993 | – | (324) | (19,374) | – | 195,295 | July 2012 |
2007 PSP grant |
0.0p* | 359,581 | – | – | – | – | 359,581 | Mar 2012 |
2007 LTIP grant |
0.0p* | 581,386 | – | – | (38,443) | – | 542,943 | Mar 2010 |
2008 LTIP grant |
0.0p* | – | 1,026,289 | – | (18,480) | – | 1,007,809 | Mar 2011 |
2008 Amlin special Tranche |
1 0.0p* | – | 23,595 | – | – | – | 23,595 | Mar 2011 |
2008 Amlin special Tranche |
2 0.0p* | – | 13,694 | – | – | – | 13,694 | Feb 2012 |
2008 PSP grant |
0.0p* | – | 498,261 | – | (21,156) | – | 477,105 | Mar 2013 |
2008 Sharesave 3 yrs grant |
246.00p | – | 315,201 | – | (1,248) | – | 313,953 | Dec 2011 |
2008 Sharesave 5 yrs grant |
246.00p | – | 210,755 | – | – | – | 210,755 | Dec 2013 |
2008 French LTIP |
0.0p* | – | 54,608 | – | – | – | 54,608 | Nov 2011 |
| 9,286,242 | 2,142,403 | (2,402,729) | (442,276) | – | 8,583,640 | |||
*£1 in total per complete exercise.
At 31 December 2007 |
||||||||
Schemes and grant |
Option exercise price |
At 1 January |
Granted |
Exercised |
Lapsed |
Adjustments |
At 31 December |
Exercisable |
2003 executive grant |
110.82p | 1,025,441 | – | (590,379) | – | – | 435,062 | Apr 2006 |
2004 executive grant |
152.85p | 2,683,054 | – | (1,626,036) | – | – | 1,057,018 | Mar 2007 |
2004 Sharesave 3 yrs grant |
134.11p | 324,490 | – | (316,436) | (2,432) | – | 5,622 | July 2007 |
2004 Sharesave 5 yrs grant |
134.11p | 142,628 | – | (1,772) | (6,029) | – | 134,827 | July 2009 |
2004 PSP grant |
0.0p* | 510,993 | – | (10,108) | (6,739) | – | 494,146 | Mar 2009 |
2005 executive grant |
161.77p | 2,367,018 | – | (118,813) | (41,140) | – | 2,207,065 | Mar 2008 |
2005 Sharesave 3 yrs grant |
146.49p | 497,353 | – | (2,638) | (43,307) | (1,019) | 450,389 | Dec 2008 |
2005 Sharesave 5 yrs grant |
146.49p | 205,508 | – | – | (14,506) | – | 191,002 | Dec 2010 |
2005 PSP grant |
0.0p* | 535,073 | – | (11,952) | (17,932) | – | 505,189 | Mar 2010 |
2006 executive grant |
293.00p | 2,173,915 | – | (70,964) | (82,787) | – | 2,020,164 | Mar 2009 |
2006 PSP grant |
0.0p* | 343,516 | – | (3,419) | (13,680) | – | 326,417 | Mar 2011 |
2007 Sharesave 3 yrs grant |
266.0p | – | 319,220 | – | (15,839) | – | 303,381 | July 2010 |
2007 Sharesave 5 yrs grant |
266.0p | – | 224,842 | – | (7,387) | (2,462) | 214,993 | July 2012 |
2007 PSP grant |
0.0p* | – | 359,581 | – | – | – | 359,581 | Mar 2012 |
2007 LTIP grant |
0.0p* | – | 590,630 | – | (9,244) | – | 581,386 | Mar 2010 |
| 10,808,989 | 1,494,273 | (2,752,517) | (261,022) | (3,481) | 9,286,242 | |||
*£1 in total per complete exercise.