Page 29 - Sun Resources 2014 Annual Report

Option Holdings
The number of unlisted options over ordinary shares in the Company held during the financial year by each Director of the
Company and other Executive Officers of the Group, including their personally related parties, are set out below.
2014 Balance at the
start of the year
Granted as
compensation Exercised Other
Changes
Balance at the
end of the year
Vested and
exercisable Unvested
Directors
Prof I R Plimer - - - - - - -
Dr W G Martinick 5,000,000 - - - 5,000,000 5,000,000 -
Dr G van Ek 30,000,000 - - - 30,000,000 30,000,000 -
Mr D Kestel 5,000,000 - - - 5,000,000 5,000,000
Executive Officers
Mr M A Battrick 20,000,000 - - - 20,000,000 20,000,000 -
Mr C Basson 3,250,000 - - (1,000,000) 2,250,000 2,250,000 -
Mr S Bayford 1,000,000 - - - 1,000,000 1,000,000 -
2013 Balance at the
start of the year
Granted as
compensation Exercised Other
Changes
Balance at the
end of the year
Vested and
exercisable Unvested
Directors
Dr W G Martinick 5,000,000 - - - 5,000,000 5,000,000 -
Dr G van Ek - 30,000,000 - - 30,000,000 30,000,000 -
Mr M A Battrick 6,000,000 15,000,000 - (1,000,000) 20,000,000 20,000,000 -
Mr J D Kenny 7,428,830 - - 1,471,170 8,900,000 8,900,000 -
Mr D Kestel - 5,000,000 - - 5,000,000 5,000,000 -
Dr P Linsley 5,000,000 - - - 5,000,000 5,000,000 -
Executive Officers
Mr C Basson 3,250,000 - - - 3,250,000 3,250,000 -
Mr S Bayford - 1,000,000 - - 1,000,000 1,000,000 -
(i) Mr J D Kenny has an interest in the following classes of unlisted Performance Options:
Balance at the
start of the year
Granted by
Shareholders Exercised Options
Lapsed
Balance at the
end of the year
Vested and
exercisable Unvested
Class B Performance Options 9,390,375 - - (9,390,375) - - -
Class C Performance Options 5,008,200 - - (5,008,200) - - -
Class D Performance Options 8,138,325 1,611,675 (9,750,000) - - - -
Class E Performance Options 8,138,325 1,611,675 - - 9,750,000 - -
Class F Performance Options 9,390,375 1,859,625 - - 11,250,000 - -
Class G Performance Options - 11,250,000 (11,250,000) - - - -
Class H Performance Options - 11,250,000 - (11,250,000) - - -
Class I Performance Options - 6,000,000 - (6,000,000) - - -
(ii) Mr J D Kenny is a related party of Carina Energy LLC.
Share Holdings
The number of shares in the Company held during the financial year by each Director of Sun Resources and other Executive
Officers of the Group, including their personally related parties are set out below.
DIRECTORS’ REPORT
SUN RESOURCES ANNUAL REPORT 2014  27