2007 Annual Report - Sappi

Notes to the group annual financial statements continued
for the year ended September 2007
30. Share-based payment continued
The following table sets out the number of share options outstanding at the end of September, excluding the trust shares:
Vesting
Exercise
2007 2006 conditions Vesting date Expiry date price
24 February 1997 – 34,200 Time Refer Note 30 24 February 2007 34.90
19 January 1998 30,100 82,700 Time Refer Note 30 19 January 2008 19.90
26 August 1998 – 100 Time Refer Note 30 26 August 2008 20.65
14 December 1998 79,700 195,500 Time Refer Note 30 14 December 2008 22.10
03 February 1999 1,000 1,000 Time Refer Note 30 03 February 2009 22.35
21 December 1999 284,800 580,000 Time Refer Note 30 21 December 2007 53.85
15 January 2001 243,200 438,650 Time Refer Note 30 15 January 2009 49.00
19 July 2001 – 3,000 Time Refer Note 30 19 July 2009 74.90
15 August 2001 5,000 5,000 Time Refer Note 30 15 August 2009 75.90
20 August 2001 – 10,000 Time Refer Note 30 20 August 2009 77.50
04 February 2002 7,000 10,000 Time Refer Note 30 04 February 2010 131.40
28 March 2002 662,000 753,900 Time Refer Note 30 28 March 2010 147.20
30 January 2003 250,000 250,000 Time Refer Note 30 30 January 2011 115.00
13 February 2003 813,300 1,040,900 Time Refer Note 30 13 February 2011 112.83
05 August 2003 – 8,000 Time Refer Note 30 05 August 2011 94.30
18 August 2003 – 4,000 Time Refer Note 30 18 August 2011 94.51
30 December 2003 155,500 219,300 Time Refer Note 30 30 December 2011 79.25
14 January 2004 801,800 1,113,000 Time Refer Note 30 14 January 2012 79.25
25 March 2004 1,000 1,000 Time Refer Note 30 25 March 2012 86.60
26 March 2004 3,000 3,000 Time Refer Note 30 26 March 2012 87.50
22 September 2004 – 40,000 Time Refer Note 30 22 September 2012 90.25
13 December 2004 1,200,100 1,640,700 Time Refer Note 30 13 December 2012 78.00
01 October 2004 – 12,500 Time 01 October 2006 N/A –
13 December 2004 148,000 185,000 Performance 13 December 2008 N/A –
13 December 2005 1,462,900 1,657,400 Performance 13 December 2009 N/A –
08 August 2006 50,000 50,000 Performance 08 August 2010 N/A –
15 January 2007 5,000 – Performance 31 December 2007 N/A –
15 January 2007 5,000 – Performance 31 December 2008 N/A –
15 January 2007 5,000 – Performance 31 December 2009 N/A –
29 January 2007 50,000 – Performance 29 January 2011 N/A –
31 May 2007 1,456,500 – Performance 31 May 2011 N/A –
01 June 2007 10,000 – Performance 01 June 2011 N/A –
02 July 2007 100,000 – Performance 02 July 2011 N/A –
10 September 2007 10,000 – Time 10 September 2008 N/A –
10 September 2007 25,000 – Performance 10 September 2011 N/A –
7,864,900 8,338,850
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sappi limited | 07 | annual report