Directors' Report: Governance - British American Tobacco

www.bat.com/annualreport2009
Table 6: Executive Directors’ (1) Long-Term Incentive Plan awards; (2) Deferred Share Bonus Scheme share interests; and (3) share
options – ordinary shares of 25p in British American Tobacco p.l.c. – audited continued
Ben Stevens
Shares – Long-Term Incentive Plan
At At Illustrative
1 Jan Awarded Vested Lapsed 31 Dec Value value
2009 in 2009 in 2009 in 2009 2009 vested vesting
Performance Award Number Number Number Number Number in 20092 Vesting 20103 LTIP plan period date of shares of shares of shares of shares of shares £ datea £
1998 2006/2008 15 Mar 06 33,124 – 33,124 – – 564,433 15 Mar 09 –
2007 2007/2009 15 May 07 38,240 – – – 38,240 – 15 May 10 841,280
2007 2008/2010 15 May 08 53,098 – – – 53,098 – 15 May 11 –
2007 2009/2011 27 Mar 09 – 88,663 – – 88,663 – 27 Mar 12 –
Total 124,462 88,663 33,124 – 180,001 564,433 841,280
Note:
a The LTIP award that vested on 15 March 2009 was exercised by Ben Stevens on 26 March 2009.
Shares – Deferred Share Bonus Scheme
At 1 Jan Awarded Released At 31 Dec
2009 in 2009 in 2009 2 2009
Award Number Number Number Number
date of shares of shares of shares of shares
15 Mar 06 9,539 – 9,539 –
13 Mar 07 12,293 – – 12,293
13 Mar 08 6,655 – – 6,655
27 Mar 09 – 26,114 – 26,114
Total 28,487 26,114 9,539 45,062
Options – Sharesave Scheme
At 1 Jan Granted Exercised At 31 Dec Dates
2009 in 2009 in 20091,2 2009 from Latest
Number Grant Grant Number Number Number which expiry
of shares date price of shares of shares of shares exercisable date
2,492 25 Nov 04 663.0p – – 2,492 Jan 2010 Jun 2010
– 25 Nov 09 1,555.0p 1,000 – 1,000 Jan 2015 Jun 2015
Total 2,492 1,000 – 3,492
Directors’ report: Governance
British American Tobacco Annual Report 2009
95
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