Section image

Twin Jackpots

Cherries
oil on canvas
22 x 20 in
1981

Penny Machines
oil on canvas
23¾ x 29¾ in
1961

Stack of Books
oil on canvas
30 x 24 in
n.d.

Seven Suckers
oil on canvas
19 x 23 in
1970

Twin Jackpots
oil on canvas
30 x 46 in
1962

Ties
oil on canvas
20 x 26 in
1980

Cake Slices
oil on canvas
20 x 16 in
n.d.

Other Long-Term Incentive Plan Awards

Renewed Leadership Equity Acquisition Plan
Name Grant/
award
date
Investment
and
performance
period
Number of
investment
shares
Share
price on
grant date
Maximum
number of
matching
units at
1 Jan 2009
During 2009
Granted/
(lapsed)
units
Additional
dividend
shares
Vested or
deferred
shares
Maximum
number of
matching
units at
31 Dec
2009
Share
price on
vest/
deferral
date
Value
on vest/
deferral
date
£000
Sir Martin Sorrell 15.12.05 01.01.05 – 31.12.09 203,394 £6.175 1,016,970       1,016,970    
  15.11.06 01.01.06 – 31.12.10 156,536 £6.84 782,680       782,680    
  11.12.07 01.01.07 – 31.12.11 148,742 £6.23 743,710       743,710    
  31.10.08 01.01.08 – 31.12.12 218,596 £3.749 1,092,980       1,092,980    
                       
Paul Richardson 15.12.05 01.01.05 – 31.12.09 81,358 £6.175 406,790       406,790    
  15.11.06 01.01.06 – 31.12.10 66,102 £6.84 330,510       330,510    
  11.12.07 01.01.07 – 31.12.11 59,497 £6.23 297,485       297,485    
  31.10.08 01.01.08 – 31.12.12 109,298 £3.749 546,490       546,490    
Mark Read 15.12.05 01.01.05 – 31.12.09 10,170 £6.175 50,850       50,850    
  15.11.06 01.01.06 – 31.12.10 16,525 £6.84 82,625       82,625    
  11.12.07 01.01.07 – 31.12.11 14,874 £6.23 74,370       74,370    
  31.10.08 01.01.08 – 31.12.12 21,859 £3.749 109,295       109,295    

The comparator groups used for the various awards under Renewed LEAP are shown in the following table. Where a company that delists during a performance period has an undisturbed share price for less than 40% of that performance period, the Compensation Committee would usually exclude that company from the comparator group for the award in question. Otherwise, the company would usually be deemed to be disposed of and the proceeds reinvested in an index that tracks the TSR of the remaining comparator companies.

Grant year Comparator group
2005 Aegis, Arbitron, Dentsu, Gfk, Havas Advertising, Interpublic, Ipsos, Omnicom Group, Publicis, Taylor Nelson Sofres and VNU
2006 Aegis, Arbitron, Dentsu, Gfk, Havas Advertising, Interpublic, Ipsos, Omnicom Group, Publicis and Taylor Nelson Sofres
2007 Aegis, Arbitron, Dentsu, Gfk, Havas Advertising, Interpublic, Ipsos, Omnicom Group, Publicis and Taylor Nelson Sofres
2008 Aegis, Arbitron, Dentsu, Gfk, Havas Advertising, Interpublic, Ipsos, Omnicom Group and Publicis

The vesting schedules used for the various awards under Renewed LEAP are shown in the following tables. When actual performance falls between these positions, the match is calculated on a pro-rata basis.

Awards granted in 2005, 2006 and 2007
Rank compared
to peer group
Number of
matching shares
1 5
2 5
3 4.5
4 3.5
5 2.5
Median 1.5
Below median 0
Awards granted in 2008  
Rank compared
to peer group
Number of
matching shares
1 5
2 5
3 4
4 3
Median 1.5
Below median 0
Leadership Equity Acquisition Plan III
Name Grant/
award
date
Investment
and
performance
period
Number of
investment
shares
Number of
investment
options
Share
price on
grant date
Maximum
number of
matching
units at
1 Jan 2009
During 2009
Granted/
(lapsed)
units
Additional
dividend
shares
Vested or
deferred
shares
Maximum
number of
matching
units at
31 Dec
2009
Share
price on
vest/
deferral
date
Value
on vest/
deferral
date
£000
Sir Martin Sorrell 15.12.09 01.01.09 – 31.12.13 365,878 £6.1025   1,829,390     1,829,390    
                         
Paul Richardson 15.12.09 01.01.09 – 31.12.13 103,423 £6.1025   517,115     517,115    
                         
Mark Read 15.12.09 01.01.09 – 31.12.13 27,406 £6.1025   137,030     137,030    

The comparator group used for the award under LEAP III is shown in the following table. Where a company that delists during a performance period has an undisturbed share price for less than 40% of that performance period, the Compensation Committee would usually exclude that company from the comparator group for the award in question. Otherwise, the company would usually be deemed to be disposed of and the proceeds reinvested in a market capitalisation weighted index that tracks the TSR of the remaining comparator companies.

Grant year Comparator group
2009 Aegis, Arbitron, Dentsu, GfK, Havas, Interpublic, Ipsos, Omnicom Group and Publicis

The vesting schedule used for the award under LEAP III is shown in the following table. When actual performance is not exactly equal to a percentile in the table below, but is more than 50% and less than 90%, the percentage of Matching Shares will be determined on a straight-line basis between the relevant figures.

Awards granted in 2009  
Aggregate market
capitalisation percentile
Match
90th percentile 500%
80th percentile 420%
70th percentile 330%
60th percentile 240%
50th percentile 150%
40th percentile 0%
30th percentile 0%
20th percentile 0%
10th percentile 0%
Bottom 0%

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