2008 Annual report - Sappi

sappi //
29. Share-based payments (continued)
The following table sets out the number of share options outstanding at the end of September, excluding the scheme shares:
Exercise
Vesting Vesting Expiry price
2008 2007 conditions date date (ZAR)
19 January 1998 – 30,100 Time (i) 19 January 2008 19.90
14 December 1998 48,300 79,700 Time (i) 14 December 2008 22.10
03 February 1999 1,000 1,000 Time (i) 03 February 2009 22.35
21 December 1999 – 284,800 Time (i) 21 December 2007 53.85
15 January 2001 213,800 243,200 Time (i) 15 January 2009 49.00
15 August 2001 – 5,000 Time (i) 15 August 2009 75.90
04 February 2002 7,000 7,000 Time (i) 04 February 2010 131.40
28 March 2002 623,000 662,000 Time (i) 28 March 2010 147.20
30 January 2003 – 250,000 Time (i) 30 January 2011 115.00
13 February 2003 743,800 813,300 Time (i) 13 February 2011 112.83
30 December 2003 150,250 155,500 Time (i) 30 December 2011 79.25
14 January 2004 630,700 801,800 Time (i) 14 January 2012 79.25
25 March 2004 1,000 1,000 Time (i) 25 March 2012 86.60
26 March 2004 – 3,000 Time (i) 26 March 2012 87.50
13 December 2004 1,029,500 1,200,100 Time (i) 13 December 2012 78.00
13 December 2004 148,000 148,000 Performance 13 December 2008 N/A –
13 December 2005 1,413,800 1,462,900 Performance 13 December 2009 N/A –
08 August 2006 50,000 50,000 Performance 08 August 2010 N/A –
15 January 2007 5,000 5,000 Performance 31 December 2007 N/A –
15 January 2007 5,000 5,000 Performance 31 December 2008 N/A –
15 January 2007 5,000 5,000 Performance 31 December 2009 N/A –
29 January 2007 50,000 50,000 Performance 29 January 2011 N/A –
31 May 2007 1,419,300 1,456,500 Performance 31 May 2011 N/A –
01 June 2007 – 10,000 Performance 01 June 2011 N/A –
02 July 2007 100,000 100,000 Performance 02 July 2011 N/A –
10 September 2007 10,000 10,000 Time 10 September 2008 N/A –
10 September 2007 25,000 25,000 Performance 10 September 2011 N/A –
12 December 2007 610,600 – Time 12 December 2011 12 December 2015 91.32
12 December 2007 525,000 – Performance 12 December 2011 N/A –
19 March 2008 279,200 – Time 19 March 2012 19 March 2016 98.80
19 March 2008 205,000 – Performance 12 March 2012 N/A –
8,299,250 7,864,900
(i) These vest over four or five years depending on the date of allocation.
// 2008 Annual report
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