FINANCIAL STATEMENTS
Axiata Group Berhad | Annual Report 2016
181
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 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
2015 Granted Adjusted
7
Vested
Lapsed/
forfeited
At 31
December
2015
Fair
value at
grant date
RM
Group
Grant 6(a), 2014
Tranche 1
6.69 6,538,950
-
-
(17,400)
(86,850) 6,434,700
4.77
Tranche 2
6.69 9,925,950
-
-
-
(99,650) 9,826,300
4.20
16,464,900
-
-
(17,400)
(186,500) 16,261,000
Grant 6(b), 2014
Tranche 1
6.94 121,200
-
-
-
(8,250)
112,950
4.72
Tranche 2
6.94 405,900
-
-
-
(8,250)
397,650
3.97
527,100
-
-
-
(16,500)
510,600
Grant 7(a), 2015
7.06
- 3,617,000
-
-
(25,200) 3,591,800
4.46
Grant 7(b), 2015
6.29
-
317,200
-
-
-
317,200
4.35
Grand total
44,260,200 3,934,200 4,508,000 (20,360,900)
(796,350) 31,545,150
7
Adjusted refer to the additional number of shares vested to the senior management due to multiplier effects or pro-rated shares offered
at the time of vesting.