41 2022 ANNUAL REPORT 12. REMUNERATION REPORT (AUDITED) (cont.) 12.9 ADDITIONAL REMUNERATION DISCLOSURES (cont.) 12.9.3 Shareholdings of directors and key management personnel The numbers of shares in Red 5 held during the financial year by key management personnel, including personally related entities are set out below: 2022 Balance at previous year reporting date Received through vesting and exercise of performance rights Received through vesting and exercise of service and deferred rights Other purchases/ disposals during the year Balance at reporting date Kevin Dundo 1,905,249 - - - 1,905,249 Mark Williams 14,439,852 1,421,039 - - 15,860,891 Ian Macpherson 1,362,054 - - 217,946 1,580,000 Colin Loosemore 10,108,190 - - - 10,108,190 Steven Tombs 2,719,579 - - - 2,719,579 Andrea Sutton - - - - - Fiona Harris - - - - - Jason Greive 1,669,048 - 412,088 - 2,081,136 John Tasovac 3,761,420 582,023 102,861 (3,689,398) 756,906 Total 35,965,392 2,003,062 514,949 (3,471,452) 35,011,951 12.9.4 Service and Deferred Rights Granted Over FY22 The numbers of Service Rights granted during the financial year are set out in the following table. No Deferred Rights were issued. Grant Date Vesting Date Fair Value at Grant Date Granted Exercised up to reporting date Outstanding at reporting date Service rights issued: Jason Greive (a) 26-Oct-21 30-Jun-22 $75,000 412,088 (412,088) - Service rights issued: John Tasovac (b) 24-Nov-20 30-Jun-21 $26,744 102,861 (102,861) - (a) Service Rights for Mr Greive issued under the Red 5 FY21 Rights Plan. They have a 12 month service test and vested on 30 June 2022 because Mr Greive was still an employee at that date. (b) Service Rights for Mr Tasovac issued under the Red 5 FY20 Rights Plan. They have a 12 month service test and vested on 30 June 2021 because Mr Tasovac was still an employee at that date. Share based payments expense for the shares issued, service and deferred rights for KMP’s was $1,259,460 (2021: $123,794). The fair value is based on observable market share price at the date of grant. 12.9.5 Performance rights held by KMP under the LTI The number of performance rights in Red 5 held as at the date of this report by executive KMP are set out below: KMP Balance at prior year reporting date Received through issuing of LTI performance rights (a) Received through issuing of PIO rights (b) Performance rights vested and exercised (c) Performance rights forfeited (c) Balance at reporting date Mark Williams 3,556,158 2,266,484 1,510,989 (1,421,039) (609,017) 5,303,575 Jason Greive 415,182 1,373,626 1,098,901 - - 2,887,709 John Tasovac 1,429,886 1,098,901 879,121 (582,023) (249,438) 2,576,447 Total 5,401,226 4,739,011 3,489,011 (2,003,062) (858,455) 10,767,731 (a) (b) (c) The following tables provide further details regarding Rights on foot: DIRECTORS’ Report (cont.)
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