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Home Governance Remuneration report Table 5 - Executives' options to acquire Rio Tinto plc and Rio Tinto Limited shares

Governance

Table 5 - Executives' options to acquire Rio Tinto plc and Rio Tinto Limited shares

  1 Jan 2008 Granted2,6 Vested during 2008 Exercised Lapsed8/ cancelled Vested
and exercisable on 31 Dec 20085
31 Dec 20081 Option price4 Value of options exercised during 2008 Market price on date of exercise Date from which first exercisable Expiry date
Rio Tinto plc Share Savings Plan
Tom Albanese 791 - - - - - 791 £20.68 - - 1 Jan 2012 30 Jun 2012
Hugo Bague - 238 - - - - 238 £32.17 - - 1 Jan 2012 30 Jun 2012
Preston Chiaro 298 - - - - - 298 £20.88 - - 1 Jan 2009 6 Jan 2009
  - 304 - - - - 304 £20.50 - - 1 Jan 2011 16 Jan 2011
Bret Clayton 163 - - - - - 163 £35.57 - - 1 Jan 2010 5 Jan 2010
Guy Elliott 1,431 - - - - - 1,431 £11.07 - - 1 Jan 2009 30 Jun 2009
  - 520 - - - - 520 £32.17 - - 1 Jan 2014 30 Jun 2014
Dick Evans - - - - - - - - - - - -
Keith Johnson 456 - - - - - 456 £20.68 - - 1 Aug 2009 31 Jan 2010
Debra Valentine - 304 - - - - 304 £20.50 - - 1 Jan 2011 17 Jan 2011
Rio Tinto plc Share Option Plan
Tom Albanese 102,718   - - - 102,718 102,718 £12.656 - - 6 Mar 2005 6 Mar 2011
  125,336 - - - - 125,336 125,336 £14.586 - - 13 Mar 2005 13 Mar 2012
  139,165 - - - - 139,165 139,165 £12.630 - - 7 Mar 2006 7 Mar 2013
  84,020 - - - - - 84,020 £13.290 - - 22 Apr 2009 22 Apr 2014
  83,926 - 83,926 - - 83,926 83,926 £18.262 - - 9 Mar 2008 9 Mar 2015
  67,511 - - - - - 67,511 £27.112 - - 7 Mar 2009 7 Mar 2016
  66,186 - - - - - 66,186 £27.012 - - 13 Mar 2010 13 Mar 2017
  - 73,561 - - - - 73,561 £57.232 - - 10 Mar 2011 10 Mar 2018
Hugo Bague 8,835 - - - - - 8,835 £34.506 - - 9 Sep 2010 9 Sep 2017
Preston Chiaro 37,160 - - - - 37,160 37,160 £12.630 - - 7 Mar 2006 7 Mar 2013
  70,490 - - - - - 70,490 £13.290 - - 22 Apr 2009 22 Apr 2014
  63,527 - 63,527 - - 63,527 63,527 £18.262 - - 9 Mar 2008 9 Mar 2015
  51,274 - - - - - 51,274 £27.112 - - 7 Mar 2009 7 Mar 2016
  38,519 - - - - - 38,519 £27.012 - - 13 Mar 2010 13 Mar 2017
  - 29,354 - - - - 29,354 £57.232 - - 10 Mar 2011 10 Mar 2018
Bret Clayton 13,315 - - - - - 13,315 £13.290 - - 22 Apr 2009 22 Apr 2014
  11,539 - 11,539 - - 11,539 11,539 £18.262 - - 9 Mar 2008 9 Mar 2015
  10,767 - - - - - 10,767 £27.112 - - 7 Mar 2009 7 Mar 2016
  33,850 - - - - - 33,850 £27.012 - - 13 Mar 2010 13 Mar 2017
  - 28,342 - - - - 28,342 £57.232 - - 10 Mar 2011 10 Mar 2018
Guy Elliott 61,703 - - - - 61,703 61,703 £14.586 - - 13 Mar 2005 13 Mar 2012
  97,387 - - - - 97,387 97,387 £12.630 - - 7 Mar 2006 7 Mar 2013
  73,700 - - - - - 73,700 £13.290 - - 22 Apr 2009 22 Apr 2014
  72,972 - 72,972 - - 72,972 72,972 £18.262 - - 9 Mar 2008 9 Mar 2015
  58,100 - - - - - 58,100 £27.112 - - 7 Mar 2009 7 Mar 2016
  44,052 - - - - - 44,052 £27.012 - - 13 Mar 2010 13 Mar 2017
  - 36,503 - - - - 36,503 £57.232 - - 10 Mar 2011 10 Mar 2018
Dick Evans - 60,733 - - - - 60,733 £57.232 - - 10 Mar 2011 10 Mar 2018
Keith Johnson 43,500 - - - - - 43,500 £13.290 - - 22 Apr 2009 31 July 2010
  47,937 - 47,937 - - 47,937 47,937 £18.262 - - 9 Mar 2008 31 July 2010
  37,869 - - - - - 37,869 £27.112 - - 7 Mar 2009 31 July 2010
  28,294 - - - - - 28,294 £27.012 - - 13 Mar 2010 13 Mar 2011
  - 22,696 - - - - 22,696 £57.232 - - 10 Mar 2011 10 Mar 2012
Debra Valentine - - - - - - - - - - - -
Rio Tinto Limited Share Savings Plan
Grant Thorne 1,875 - 1,875 1,875 - - - A$25.57 A$203,306.25 A$134.00 1 Jan 2008 30 Jun 2008
  567 - - - - - 567 A$79.27 -   1 Jan 2013 30 Jun 2013
Sam Walsh 601 - - - - - 601 A$40.92 - - 1 Jan 2009 30 Jun 2009
  - 505 - - - - 505 A$82.19 - - 1 Jan 2014 30 Jun 2014
Rio Tinto Limited Share Option Plan
Grant Thorne 939 - - - - - 939 A$39.8708 - - 13 Mar 2005 13 Mar 2012
  11,159 - - - - - 11,159 A$33.3360 - - 7 Mar 2006 7 Mar 2013
  10,462 - - - - - 10,462 A$34.4060 - - 22 Apr 2009 22 Apr 2014
  10,665 - 10,665 - - 10,665 10,665 A$47.0420 - - 9 Mar 2008 9 Mar 2015
  14,568 - - - - - 14,568 A$71.0600 - - 7 Mar 2009 7 Mar 2016
  13,037 - - - - - 13,037 A$74.5880 - - 13 Mar 2010 13 Mar 2017
Sam Walsh 54,400 - - - - - 54,400 A$34.4060 - - 22 Apr 2009 22 Apr 2014
  58,823 - 58,823 - - 58,823 58,823 A$47.0420 - - 9 Mar 2008 9 Mar 2015
  48,079 - - - - - 48,079 A$71.0600 - - 7 Mar 2009 7 Mar 2016
  35,861 - - - - - 35,861 A$74.5880 - - 13 Mar 2010 13 Mar 2017
  - 30,523 - - - - 30,523 A$134.1760 - - 10 Mar 2011 10 Mar 2018

Notes Expand
  1. Or at date of retirement or resignation if earlier.
  2. All options granted over ordinary shares. Rio Tinto plc - ordinary shares of 10p each stated in sterling; Rio Tinto Limited ordinary shares - stated in Australian dollars. Each option is granted over one share. The date of grant was 10 March 2008. The performance conditions for the SOP are detailed in Remuneration components.
  3. The closing price of Rio Tinto plc ordinary shares at 31 December 2008 was £14.90 (2007: £53.17) and the closing price of Rio Tinto Limited shares at 31 December 2008 was A$38.00 (2007: A$133.95). The high and low prices during 2008 of Rio Tinto plc and Rio Tinto Limited shares were £70.78 and £10.49 and A$156.00 and A$32.00 respectively.
  4. The option price represents the exercise price payable on the options. No amounts are unpaid on any shares allocated on the exercise of the options.
  5. Under the plans no options would be vested and unexercisable at the reporting date. The exercise of options is subject to restrictions contained in the 'Rules for dealing in Rio Tinto Securities'. Trading
    restrictions due to close periods, the unsolicited pre-conditional offer from BHP Billiton and the Chinalco strategic partnership have prevented executives from dealing for most of 2008 and 2009.
  6. The fair value per option, granted during 2008, at date of grant was as follows: Rio Tinto plc Share Savings Plan two year contract £3.46; three year contract 94p; four year contract £1.92 and five year contract 90p; Rio Tinto Limited Share Savings Plan three year contract A$5.14 and five year contract A$5.17. Rio Tinto plc Share Option Plan £20.63; Rio Tinto Limited Share Option Plan A$44.04.
  7. The value of options exercised during 2008 is calculated by multiplying the number of options exercised by the difference between the market price and the option price on date of exercise.
  8. No options lapsed for failure to satisfy a performance condition.


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