66
ICON ENERGY LIMITED
2015 Annual Report ABN 61 058 454 569
NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2015
66
FOR THE YEAR ENDED 30 JUNE 2015
NOTE 12 - SHARE BASED PAYMENTS (Continued)
Expiry date
Granted
during the
year
Exercised
during the
year
Lapsed
during the
year
Balance at
the end of
the year
Vested and
exercisable
at the end of
the year
No
No
No
No
No
30 June 2015
2,064,748
-
(2,064,748)
-
-
-
30 June 2016
3,883,186
-
(940,034)
2,943,152 2,943,152
Total:
(2,064,748)
(940,034)
2,943,152 2,943,152
Expiry date
Granted
during the
year
Exercised
during the
year
Lapsed
during the
year
Balance at
the end of
the year
Vested and
exercisable
at the end of
the year
No
No
No
No
No
30 June 2017
-
-
-
2,705,497
-
30 June 2018
-
4,494,537
-
-
4,494,537
-
Total:
-
-
7,200,034
-
30 June 2015 30 June 2014
$
$
30,136
412,041
109,966
294,199
140,102
706,240
Share Based Payments Reserve
30 June 2015 30 June 2014
$
$
Opening Balance
877,588
646,222
Reserve transfer for performance rights vested
(412,041)
(474,874)
Fair value of shares/rights granted
140,102
706,240
Closing balance
605,649
877,588
1 July
2012
Short-term Incentives
3,883,186
No
2014
Balance at start of
the year
Long-term incentives
Grant date
NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
Total expenses arising from share-based payment transactions recognised during the year as part of employee benefit
expense were as follows:
Expenses arising from share-based payment transactions
25
November
2013
Balance at start of
the year
Grant date
29
November
2012
Rights issued under Performance Rights Plan - LTI
1 July
2013
2,705,497
Rights issued under Performance Rights Plan - STI
2,064,748
-
4,494,537
2,705,497
No
66
FOR THE YEAR ENDED 30 JUNE 2015
NOTE 12 - SHARE BASED PAYMENTS (Continued)
Expiry date
Granted
during the
year
Exercised
during the
year
Lapsed
during the
year
Balance at
the end of
the year
Vested and
exercisable
at the end of
the year
No
No
No
No
No
30 June 2015
2,064,748
-
(2,064,748)
-
-
-
30 June 2016
3,883,186
-
(940,034)
2,943,152 2,943,152
Total:
(2,064,748)
(940,034)
2,943,152 2,943,152
Expiry date
Granted
during the
year
Exercised
during the
year
Lapsed
during the
year
Balance at
the end of
the year
Vested and
exercisable
at the end of
the year
No
No
No
No
No
30 June 2017
-
-
-
2,705,497
-
30 June 2018
-
4,494,537
-
-
4,494,537
-
Total:
-
-
7,200,034
-
30 June 2015 30 June 2014
$
$
30,136
412,041
109,966
294,199
140,102
706,240
Share Based Payments Reserve
30 June 2015 30 June 2014
$
$
Opening Balance
877,588
646,222
Reserve transfer for performance rights vested
(412,041)
(474,874)
Fair value of shares/rights granted
140,102
706,240
Closing balance
605,649
877,588
1 July
2012
Short-term Incentives
3,883,186
No
2014
Balance at start of
the year
Long-term incentives
Grant date
NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
Total expenses arising from share-based payment transactions recognised during the year as part of employee benefit
expense were as follows:
Expenses arising from share-based payment transactions
25
November
2013
Balance at start of
the year
Grant date
29
November
2012
Rights issued under Performance Rights Plan - LTI
1 July
2013
2,705,497
Rights issued under Performance Rights Plan - STI
2,064,748
-
4,494,537
2,705,497
No
66
FOR THE YEAR ENDED 30 JUNE 2015
NOTE 12 - SHARE BASED PAYMENTS (Continued)
Expiry date
Granted
during the
year
Exercised
during the
year
Lapsed
during the
year
Balance at
the end of
the year
Vested and
exercisable
at the end of
the year
No
No
No
No
No
30 June 2015
2,064,748
-
(2,064,748)
-
-
-
30 June 2016
,
,
-
( , 4)
2,943,152 2,943,152
Total:
(2,064,748)
(940,034)
2,943,152 2,943,152
Expiry date
Granted
during the
year
Exercised
during the
year
Lapsed
during the
year
Balance at
the end of
the year
Vested nd
exercisable
at the end of
the year
No
No
No
No
No
30 June 2017
-
-
-
2,705,497
-
30 June 2018
-
4,494,537
-
-
4,494,537
-
Total:
-
-
7,200,034
-
30 June 2015 30 June 2014
$
$
30,136
412,041
109,966
294,199
140,102
706,240
Share Based Payments Reserve
30 June 2015 30 June 2014
$
$
Opening Balance
877,588
646,222
Reserve transfer for performance rights vested
(412,041)
(474,874)
Fair value of shares/rights granted
140,102
706,240
Closing balance
605,649
877,588
1 July
2012
Short-term Incentives
3,883,186
No
2014
Balanc at start of
the year
Long-term incentives
Grant date
NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
Total expenses arising from share-based payment transactions recognised during the year as part of employee benefit
expense were as follows:
Expenses arising from share-based payment transactions
25
November
2013
Balance at start of
the year
Grant date
29
November
012
Rights issued under Performance Rights Plan - LTI
1 July
2013
2,705,497
Rights iss
r rf r
c i ts l - S I
2,064,748
-
4,494,537
2,705,497
No
