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Annual report and accounts 2016

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213<br />

Director<br />

Enrique<br />

Dupuy de<br />

Lôme<br />

Date of grant<br />

Number of<br />

options at<br />

January 1,<br />

<strong>2016</strong><br />

Exercise<br />

price<br />

Options<br />

exercised<br />

during the<br />

year<br />

Options<br />

lapsed during<br />

the year<br />

Options<br />

granted<br />

during the<br />

year<br />

May 28,<br />

2015 112,364 – 0 0 0<br />

Exercisable<br />

from<br />

January 1,<br />

2020<br />

January 1,<br />

2021<br />

Expiry date<br />

Number of<br />

options at<br />

December 31,<br />

<strong>2016</strong><br />

December 31,<br />

2024 112,364<br />

December 31,<br />

March 7, <strong>2016</strong> - - 0 0 145,647<br />

2025 145,647<br />

Total 112,364 - 0 0 145,647 258,011<br />

c) Incentive Award Deferral Plan<br />

During <strong>2016</strong>, Willie Walsh <strong>and</strong> Enrique Dupuy de Lôme owned awards over ordinary shares of the Company granted under the<br />

IADP (Incentive Award Deferral Plan) (“IAG IADP”).<br />

The value attributed to the Company’s ordinary shares in accordance with the plan rules on the date of the IAG IADP <strong>2016</strong><br />

award was 541 pence.<br />

Director Plan Date of award<br />

Willie Walsh IAG IADP<br />

2014<br />

IAG IADP<br />

2015<br />

IAG IADP<br />

<strong>2016</strong><br />

Number of<br />

awards at<br />

January 1, <strong>2016</strong><br />

March, 6,<br />

2014 149,353 0<br />

Awards<br />

released during<br />

the year Date of vesting<br />

May 28,<br />

2015 151,111 0<br />

March 7,<br />

<strong>2016</strong> 0 0<br />

Awards lapsed<br />

during the year<br />

Awards made<br />

during the year<br />

Number of<br />

awards at<br />

December 31,<br />

<strong>2016</strong><br />

March 6,<br />

2017 0 0 149,353<br />

March 8,<br />

2018 0 0 151,111<br />

March 7,<br />

2019 0 125,693 125,693<br />

Total – – 300,464 0 – 0 125,693 426,157<br />

Strategic Report Corporate Governance Financial Statements Additional Information<br />

www.iairgroup.com

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