Page 68 - Sundance Resources Ltd Annual Report 2013

66 SUNDANCE RESOURCES LIMITED ANNUAL REPORT 2013
Employee Share Option Plan
An Employee Share Option Plan (‘ESOP’) has been approved by the shareholders of the Company. A copy of
the ESOP is available from the Company website.
The following share-based grants were made in prior financial years pursuant to the ESOP arrangements.
There were no grants made pursuant to the ESOP to Key Management Personnel in the past 3 financial years.
The Company does not intend to make any future awards under the existing ESOP.
Option series
Exercise
Price Grant date Expiry date
Grant date
fair value
Vesting
date (i)
(12) Issued 9 April 2009 $0.35 10/10/08 31/03/13 $0.029 31/03/09
(13) Issued 9 April 2009 $0.35 10/10/08 31/03/13 $0.035 31/03/10
(14) Issued 9 April 2009 $0.35 10/10/08 31/03/13 $0.037 31/03/11
(27) Issued 10 February 2010 $0.225 10/02/10 30/01/13 $0.060 30/01/12
(28) Issued 10 February 2010 $0.225 10/02/10 30/01/13 $0.066 30/01/12
(32) Issued 10 February 2010 $0.25 10/02/10 28/01/13 $0.057 28/01/12
(33) Issued 10 February 2010 $0.25 10/02/10 30/01/13 $0.057 30/01/12
(34) Issued 10 February 2010 $0.25 10/02/10 28/01/14 $0.070 30/01/13
(35) Issued 10 February 2010 $0.25 10/02/10 30/01/14 $0.070 30/01/13
(36) Issued 10 February 2010 $0.25 10/02/10 30/01/14 $0.071 30/01/13
(37) Issued 10 February 2010 $0.35 10/02/10 31/03/13 $0.029 30/01/11
(i) The vesting of the interest in the Options is conditional on continuity of service and/or previously agreed corporate objectives.
Share Options
The following share-based grants, not made pursuant to the ESOP arrangements, were held by Directors.
These options were approved by shareholders at the Company’s AGM held on 24 November 2010.
Option series
Exercise
Price Grant date Expiry date
Grant date
fair value Vesting date
(41) Issued 22 December 2010 $0.30 24/11/10 22/12/13 $0.233 22/12/2012
(42) Issued 22 December 2010 $0.40 24/11/10 22/12/13 $0.210 22/12/2012
12. REMUNERATION REPORT OVERVIEW (continued)
12.7 Long Term Incentives and Share Based Payments (continued)
directors’ report (continued)
FOR THE YEAR ENDED 30 JUNE 2013