SAPPI LTD (SAP) 6-K

14.2.2. Changes in executive directors' share options, allocation shares and performance shares after year-end
In December 2007, subsequent to the year ended September 2007, R Boëttger and M Thompson were offered and accepted 50,000 and 40,000 performance
shares respectively, which expire in December 2011. There have been no changes other than R Boëttger and M Thompson in the direct and indirect beneficial
interest of the directors’ (and their associates’) holdings in the share capital of Sappi Limited.
Dealings in Sappi Limited Share Incentive Trust and Performance Share Incentive Plan for the year ended September 2007
Director Date paid for Number of shares paid for Allocation price
(In ZAR)
Market value at date of
payment
(In ZAR)
Gains on shares paid for
US$ (1)
Executive Directors
W Pfarl (2) Option 15 November 2006 50,000 53.85 111.19 397,962
Deferred Sale 15 November 2006 25,000 49.00 111.19 215,811
M R Thompson Deferred Sale 14 December 2006 15,000 53.85 115.79 133,004
Total 90,000 746,777
(1)Converted from South African Rand to US Dollars at the exchange rates on the date of sale.
(2)Retired June 2007.
Dealings in Sappi Limited Share Incentive Trust and Performance Share Incentive Plan for the year ended September 2006
Director Date paid for Number of shares paid
for
Allocation price
(In ZAR)
Market value at date of
payment
(In ZAR)
Gains on shares paid for
US$ (1)
Executive Directors
J L Job (2) Deferred Sale 08 August 2006 44,000 39.00 89.33 324,995
Deferred Sale 08 August 2006 30,000 53.85 89.33 156,208
Deferred Sale 08 August 2006 25,000 49.00 89.33 147,967
D G Wilson (3) Option 13 December 2005 8,000 21.30 74.01 66,670
Deferred Sale 13 December 2005 8,000 21.30 74.01 66,670
Option 24 August 2006 16,000 21.30 90.11 153,658
Deferred Sale 24 August 2006 16,000 21.30 90.11 153,658
Deferred Sale 01 September 2006 25,000 49.00 93.32 153,825
Option 12 September 2006 25,000 53.85 94.00 136,286
Deferred Sale 12 September 2006 25,000 53.85 94.00 136,286
Option 14 September 2006 12,000 79.25 95.00 25,820
Option 14 September 2006 4,772 78.00 95.00 11,083
MIS Bonus (4) 14 September 2006 2,992 - 95.00 38,831
Option 18 September 2006 2,728 78.00 94.50 6,094
Total 244,492 1,578,051
(1) Converted from South African Rand to US Dollars at the exchange rates on the date of sale.
(2) Retired as executive director in December 2005 and resigned as non-executive director in September 2006.
(3) Resigned as executive director in July 2006.
(4) Management Incentive Scheme (MIS).
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