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FINANCIAL STATEMENTS

Axiata Group Berhad | Annual Report 2016

179

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 in the number of RSA shares of RM1 each of the Company, in which the employees of the Group are

entitled to, is as follows: (continued)

RSP

Closing

price at

grant date

RM

At 1

January

2016 Granted Adjusted Vested

Lapsed/

forfeited

At 31

December

2016

Fair

value at

grant date

RM

Group

Grant 6(a), 2014

Tranche 1

6.69 6,434,700

-

-

-

(29,500) 6,405,200

4.77

Tranche 2

6.69 9,826,300

-

-

- (3,097,600) 6,728,700

4.20

16,261,000

-

-

- (3,127,100) 13,133,900

Grant 6(b), 2014

Tranche 1

6.94 112,950

-

-

-

(7,850)

105,100

4.72

Tranche 2

6.94 397,650

-

-

-

(24,450)

373,200

3.97

510,600

-

-

-

(32,300)

478,300

Grant 7(a), 2015

7.06 3,591,800

-

-

- (201,300) 3,390,500

4.46

Grant 7(b), 2015

6.29 317,200

-

-

-

-

317,200

4.35

Grant 8, 2016

5.88

- 5,338,000

-

-

- 5,338,000

3.79

Grand total

31,545,150 5,338,000

- (4,961,750) (4,873,000) 27,048,400