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FINANCIAL STATEMENTS
Axiata Group Berhad | Annual Report 2016
183
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 Company
are entitled to, is as follows: (continued)
RSP
Closing
price at
grant date
RM
At 1
January
2016 Granted Adjusted
7
Vested
Lapsed/
forfeited
At 31
December
2016
Fair
value at
grant date
RM
Company
Grant 6(b), 2014
Tranche 1
6.94
71,300
-
-
-
(7,850)
63,450
4.72
Tranche 2
6.94 290,500
-
-
-
(7,850)
282,650
3.97
361,800
-
-
-
(15,700)
346,100
Grant 7(a), 2015
7.06 1,840,900
-
-
-
(39,100) 1,801,800
4.46
Grant 7(b), 2015
6.29 109,000
-
-
-
-
109,000
4.35
Grant 8, 2016
5.88
- 3,033,900
-
-
- 3,033,900
3.79
Grand total
7,705,200 3,033,900
- (286,650) (229,800) 10,222,650
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
Company are entitled to, is as follows:
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
Company
Grant 4(a), 2012
Tranche 2
5.39 2,085,750
- 2,224,000 (4,039,000)
(137,950)
132,800
4.26
2,085,750
- 2,224,000 (4,039,000)
(137,950)
132,800
Grant 4(b), 2012
Tranche 2
6.00 243,600
-
8,800 (229,800)
-
22,600
4.69
243,600
-
8,800 (229,800)
-
22,600
Grant 4(c), 2012
Tranche 2
6.19 118,450
-
-
(14,850)
-
103,600
4.11
118,450
-
-
(14,850)
-
103,600
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.