AASB 124 - Related Party Disclosures - December 2005
Modification of Terms of Share-based PayModification of Terms of Share-based Payment Transactions
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Modification of Terms of Share-based Payment Transactions
Aus25.6 Where the terms of share-based payment transactions (including options or rights) granted as compensation to a key management person have been altered or modified by the issuing entity during the reporting period, the following details shall be disclosed for each such person:
(a) the date of each alteration of the terms;
(b) the market price of the underlying equity instrument at the date of alteration;
(c) the terms of the grant immediately prior to alteration, including the number and class of the underlying equity instruments, exercise price, time remaining until expiry and each other condition in the terms affecting the vesting or exercise of the option or other right;
(d) the new terms; and
(e) the difference between the total of the fair value of the options or other rights affected by the alteration immediately before the alteration and the total of the fair value of those options or other rights immediately after the alteration.