axiata group berhad | annual report 2015
169
14. EMPLOYEE SHARE OPTION AND SHARE SCHEME (CONTINUED)
(a) Performance-Based Employee Share Option Scheme and Restricted Share Plan [“Axiata Share Scheme”] (continued)
The movement during the financial year and its comparative in the number of options over the new ordinary shares of RM1 each of the Company,
in which the employees of the Group are entitled to, is as follows:
Performance-Based ESOS
Exercise
price
RM
At 1
January
2015
Adjusted
Exercised
Lapsed/
forfeited
At 31
December
2015
Fair
value at
grant date
RM
Group
Grant 1(a), 2009
Tranche 1
1.81
1,016,600
-
(1,016,600)
-
-
0.54
Tranche 2
1.81
4,257,405
-
(1,825,450)
-
2,431,955
0.57
5,274,005
-
(2,842,050)
-
2,431,955
Grant 1(b), 2010
Tranche 1
3.15
80,400
-
(26,050)
-
54,350
0.93
Tranche 2
3.15
209,500
-
(63,850)
-
145,650
0.98
289,900
-
(89,900)
-
200,000
Grant 2, 2010
Tranche 1
3.45
3,612,282
-
(738,050)
-
2,874,232
1.09
Tranche 2
3.45
5,406,366
-
(1,535,550)
-
3,870,816
1.15
9,018,648
-
(2,273,600)
-
6,745,048
Grant 3, 2011
Tranche 1
5.07
9,711,290
-
(2,347,050)
-
7,364,240
1.05
Tranche 2
5.07
11,596,850
-
(3,472,850)
-
8,124,000
1.10
21,308,140
-
(5,819,900)
-
15,488,240
Total
35,890,693
-
(11,025,450)
-
24,865,243
The related weighted average share price at the time of exercise was RM3.88 (2014: RM4.48).
