Axiata Group Berhad - Annual Report 2016

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Axiata Group Berhad | Annual Report 2016 FINANCIAL STATEMENTS 184
NOTES TO THE FINANCIAL STATEMENTS
FOR THE FINANCIAL YEAR ENDED 31 DECEMBER 2016
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
Company are entitled to, is as follows: (continued)
RSP
Closing
price at
grant date
RM
At 1
January
2015 Granted Adjusted7 Vested
Lapsed/
forfeited
At 31
December
2015
Fair
value at
grant date
RM
Company
Grant 5(a), 2013
Tranche 1 6.60 279,850 - - (220,500) (44,350) 15,000 4.76
Tranche 2 6.60 2,036,850 - 4,700 (57,900) (69,150) 1,914,500 4.28
2,316,700 - 4,700 (278,400) (113,500) 1,929,500
Grant 5(b), 2013
Tranche 1 6.90 49,700 - - (6,200) (2,250) 41,250 4.88
Tranche 2 6.90 86,900 - - - (28,550) 58,350 4.10
136,600 - - (6,200) (30,800) 99,600
Grant 6(a), 2014
Tranche 1 6.69 668,850 - - (17,400) (86,850) 564,600 4.77
Tranche 2 6.69 2,640,450 - - - (99,650) 2,540,800 4.20
3,309,300 - - (17,400) (186,500) 3,105,400
Grant 6(b), 2014
Tranche 1 6.94 79,550 - - - (8,250) 71,300 4.72
Tranche 2 6.94 298,750 - - - (8,250) 290,500 3.97
378,300 - - - (16,500) 361,800
Grant 7(a), 2015 7.06 - 1,866,100 - - (25,200) 1,840,900 4.46
Grant 7(b), 2015 6.29 - 109,000 - - - 109,000 4.35
Grand total 8,588,700 1,975,100 2,237,500 (4,585,650) (510,450) 7,705,200
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.