iv Share based payment expense has been impacted by the lapse of all unvested

Iv share based payment expense has been impacted by

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(iv) Share based payment expense has been impacted by the lapse of all unvested options held by S. Browning and G. Papadopoulos at the time of their departure. (v) T. Carter joined the Company in September 2014. REMUNERATION REPORT (continued) For personal use only
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41 Performance based Short-term employee benefits Share based payments Maximum Potential STI Actual STI Maximum Potential LTI Actual LTI (i) Bonus Bonus Options Options 2015 $ % of total potential remuneration $ % of total actual remuneration $ % of total potential remuneration $ % of total actual remuneration Executives R. Murray 825,000 35% 523,144 26% 409,131 18% 381,122 19% S. Browning (ii) 467,772 32% 0% 337,015 23% (221,402) (28%) C. Trainor 582,301 30% 411,856 24% 507,702 27% 479,860 28% P. Green 316,325 28% 223,734 22% 271,333 24% 257,085 25% G. Papadopoulos (ii) 317,208 28% 0% 286,830 25% (166,190) (27%) N. Wells 175,000 29% 123,776 23% 99,185 16% 98,185 18% T. Carter 175,000 30% 123,776 27% 30,895 5% 30,895 7% 2,858,606 31% 1,406,286 20% 1,941,091 21% 859,555 12% (i) Actual LTI is equal to the sum of the current period share based payments expense and the prior periods write-back. (ii) S. Browning and G. Papadopoulos left the Company on 17 February 2015. The maximum potential STI and LTI disclosed is their full 12 month package. All bonuses are paid in the financial year following the year in which they were earned, for example the 2016 financial year bonuses are paid in August 2016 (the 2017 financial year). For personal use only
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42 KEY MANAGEMENT PERSONNEL EQUITY/OPTIONS Fully paid ordinary shares of JB Hi-Fi Limited 2016 (i)(ii) Balance at 1 July 2015 No. Granted as compensation No. Received on exercise of options No. Net other change No. Balance at 30 June 2016 No. Balance held nominally No. G. Richards 23,000 23,000 3,000 B. Laughton 500 1,500 2,000 G. Levin 30,000 30,000 W. Tang 2,000 2,000 2,000 R. Uechtritz 10,000 10,000 R. Murray 102,000 47,110 (47,110) 102,000 C. Trainor 47,110 (47,110) P. Green 13 26,779 (24,700) 2,092 N. Wells 12,816 (8,333) 4,483 T. Carter S. Page J. Saretta 165,513 133,815 (123,753) 175,575 5,000 (i) J. King ceased to be a non-executive director on 29 October 2015 and, at this time, held 32,258 shares in the Company nominally. J. King had no transactions with ordinary shares during the period. (ii) K. Ramsdale left the Company on 31 March 2016 and, at this time, held no shares in the Company. During the period of his employment, K. Ramsdale had no transactions with ordinary shares. 2015 (i)(ii) Balance at 1 July 2014 No. Granted as compensation No. Received on exercise of options No. Net other change No. Balance at 30 June 2015 No. Balance held nominally No. G. Richards 23,000 23,000 3,000 J. King 32,258 32,258 32,258 B. Laughton 500 500 G. Levin 30,000 30,000 R. Uechtritz 10,000 10,000 R. Murray 102,000 102,000 C. Trainor 1,000 (1,000) P. Green 13 13 N. Wells 11,333 (11,333) T. Carter 198,771 11,333 (12,333) 197,771 35,258 (i) S. Browning left the Company on 17 February 2015. During the period to 17 February 2015, S. Browning had no transactions with ordinary shares. At the date he left the Company, S. Browning held 41,258 ordinary shares.
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