Name of entity James Hardie Industries N.V. |
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ARBN 097 829 895 Incorporated in The Netherlands. The liability of members is limited. |
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Name of Director
|
Mr Louis GRIES | ||||
Date of last notice
|
21 August 2009 | ||||
Direct or indirect interest
|
Not applicable | ||||||||
Nature of indirect interest
|
Not applicable | ||||||||
(including registered holder) |
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Note: Provide details of the
circumstances giving rise to the
relevant interest. |
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Date of change
|
Not applicable | ||||||||
No. of securities held prior to change
|
Not applicable | ||||||||
Class
|
Not applicable | ||||||||
Number acquired
|
Nil | ||||||||
Number disposed
|
Nil | ||||||||
Value/Consideration
|
Not applicable | ||||||||
Note: If consideration is non-cash,
provide details and estimated
valuation |
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| No. of securities held after change | No change. Current relevant interest in securities is: | ||||||||
| | 193,336 fully paid ordinary shares/CUFS registered in the name of the Director; and | ||||||||
| | 3,652,347 options over unissued ordinary fully paid shares/CUFS comprising: | ||||||||
| o | 974,347 options under the 2001 Equity Incentive Plan; | ||||||||
| o | 1,000,000 options under the Managing Board Transitional Stock Option Plan; | ||||||||
| o | 860,000 options (ROCE) under the 2006 JHINV Long Term Incentive Plan; and | ||||||||
| o | 818,000 options (TSR) under the 2006 JHINV Long Term Incentive Plan. | ||||||||
| Nature of change | Not applicable | ||||||||
Example: on-market trade, off-market
trade, exercise of options, issue of
securities under dividend
reinvestment plan, participation in
buy-back |
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| Detail of contract | Not applicable | ||||||
| Nature of interest | Restricted Stock Units (RSUs) are contractual entitlements to be issued ordinary shares/CUFS upon satisfaction of certain conditions. | ||||||
| Name of registered holder | Louis Gries | ||||||
(if issued securities) |
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| Date of change | 15 September 09 (US time) | ||||||
| No. and class of securities to which interest related prior to change | 558,708 Relative TSR RSUs | ||||||
Note: Details are only
required for a contract
in relation to which the
interest has changed |
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| Interest acquired | 234,900 Relative TSR Restricted Stock Units. These Restricted Stock Units are subject to a single TSR based hurdle measured over a performance period of 3 to 5 years from the grant date. They are granted pursuant to the 2006 JHINV Long Term Incentive Plan, as approved by shareholders at the 2009 Annual General Meeting. | ||||||
| Interest disposed | Not applicable | ||||||
| Value/Consideration Note: If consideration is non-cash, provide details and an estimated valuation |
No cash consideration was paid for the Restricted Stock Units | ||||||
| Interest after change | Current interests in contracts are: | ||||||
| | 793,608 Relative TSR RSUs; | ||||||
| | 201,324 Deferred Bonus RSUs; and | ||||||
| | 487,446 Executive Incentive Program RSUs. | ||||||
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