axiata group berhad | annual report 2015
170
NOTES TO THE
FINANCIAL STATEMENTS
FOR THE FINANCIAL YEAR ENDED 31 DECEMBER 2015
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 previous 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
2014
Adjusted
Exercised
Lapsed/
forfeited
At 31
December
2014
Fair
value at
grant date
RM
Group
Grant 1(a), 2009
Tranche 1
1.81
1,495,111
-
(477,461)
(1,050)
1,016,600
0.54
Tranche 2
1.81
6,650,294
-
(2,281,789)
(111,100)
4,257,405
0.57
8,145,405
-
(2,759,250)
(112,150)
5,274,005
Grant 1(b), 2010
Tranche 1
3.15
208,300
61,100
(175,750)
(13,250)
80,400
0.93
Tranche 2
3.15
501,049
61,100
(306,599)
(46,050)
209,500
0.98
709,349
122,200
(482,349)
(59,300)
289,900
Grant 2, 2010
Tranche 1
3.45
5,216,632
-
(1,598,700)
(5,650)
3,612,282
1.09
Tranche 2
3.45
9,656,216
-
(4,155,600)
(94,250)
5,406,366
1.15
14,872,848
-
(5,754,300)
(99,900)
9,018,648
Grant 3(a), 2011
Tranche 1
5.07
16,372,090
-
(6,632,250)
(28,550)
9,711,290
1.05
Tranche 2
5.07
28,750,900
-
(17,026,450)
(127,600)
11,596,850
1.10
45,122,990
-
(23,658,700)
(156,150)
21,308,140
Total
68,850,592
122,200
(32,654,599)
(427,500)
35,890,693
The related weighted average share price at the time of exercise was RM4.48 (2013: RM4.29).
