Page 136 - China Mobile Limited - Annual Report 2012

China Mobile Limited
Annual Report 2012
130
Notes to the Financial Statements
(Expressed in Renminbi unless otherwise indicated)
35 Equity Settled Share-Based Transactions (Continued)
(a) The terms and conditions of the grants that existed during the years are as follows,
whereby all options are settled by physical delivery of shares: (Continued)
Number of instruments
2012 2011 Vesting conditions
Contractual
life of options
Options granted to
directors (continued)
– on 8 November 2005 2,881,500 2,881,500 40% one year from the
date of grant,
30% two years from the
date of grant,
30% three years from the
date of grant
10 years
Options granted to
other employees*
– on 3 July 2002 – 25,361,299 50% two years from the
date of grant,
50% five years from the
date of grant
10 years
– on 28 October 2004 115,416,275 118,013,235 40% one year from the
date of grant,
30% two years from the
date of grant,
30% three years from the
date of grant
10 years
– on 21 December 2004 475,000 475,000 40% one year from the
date of grant,
30% two years from the
date of grant,
30% three years from the
date of grant
10 years
– on 8 November 2005 268,565,399 269,151,939 40% one year from the
date of grant,
30% two years from the
date of grant,
30% three years from the
date of grant
10 years
Total share options 387,811,349 416,363,148
* The number of shares involved in the options outstanding at the beginning of the year included share options granted to Mr. WANG
Jianzhou, Mr. LU Xiangdong and Mr. XU Long involving a total of 2,750,000 shares. Mr. WANG Jianzhou resigned as an Executive
Director and the Chairman of the Company and Mr. LU Xiangdong resigned as an Executive Director and a Vice President of the
Company in March 2012. Mr. XU Long resigned as an Executive Director of the Company in December 2012.