Adcock Ingram Integrated Report 2018

Remuneration continued EXECUTIVE DIRECTORS (continued) Long-term incentives Details of share options in Adcock Ingram granted to executive directors are as follows: Offer date Offer price Balance at the beginning of the year Issued during the year Exercised during the year Forfeited during the year Balance at the end of the year AG Hall Equity 17/06/2014 52.20 175 000 – (58 333) – 116 667 26/08/2015 41.94 175 000 – – – 175 000 26/08/2016 42.30 200 000 – – – 200 000 24/08/2017 57.73 – 200 000 – – 200 000 550 000 200 000 (58 333) – 691 667 Phantom 01/05/2012 60.70 26 262 – (26 262) – – 02/01/2013 53.52 32 019 – (32 019) – – 58 281 (58 281) – – D Neethling Equity 17/06/2014 52.20 60 000 – (20 000) – 40 000 26/08/2015 41.94 90 000 – – – 90 000 26/08/2016 42.30 150 000 – – – 150 000 24/08/2017 57.73 – 150 000 – – 150 000 300 000 150 000 (20 000) – 430 000 Phantom 02/01/2013 53.52 31 177 (31 177) – – – B Letsoalo Equity 17/06/2014 52.20 45 000 – (15 000) – 30 000 26/08/2015 41.94 45 000 – – – 45 000 26/08/2016 42.30 45 000 – – – 45 000 25/11/2016 42.08 75 000 – – – 75 000 24/08/2017 57.73 – 120 000 – – 120 000 210 000 120 000 (15 000) – 315 000 Phantom 03/01/2012 60.15 32 589 – – (32 589) – 02/01/2013 53.52 26 248 – (26 248) – – 58 837 (26 248) (32 589) – BMT TBL 31/01/2008 79.69 3 500 – – – 3 500 AIP 31/01/2008 21.73 13 742 – – – 13 742 TBL 01/07/2012 80.60 7 734 – – – 7 734 AIP 01/07/2012 21.73 4 534 – – – 4 534 29 510 – – – 29 510 Remuneration (continued) ADCOCK INGRAM  Integrated Report 2018 56 OUR GOVERNANCE