James Hardie Industries plc Annual and transition report of foreign private issuers pursuant to Section 13 or 15(d)

Stock-Based Compensation (Tables)

12 Months Ended

Mar. 31, 2012

Outstanding Options

Shares
Available for
Grant

Number

Weighted
Average
Exercise
Price (A$)

Balance at 31 March 2010

25,288,048

14,444,438

7.44

Exercised

(530,984)

5.19

Forfeited

(2,558,159)

8.10

Forfeitures available for re-grant

1,468,159

Balance at 31 March 2011

26,756,207

11,355,295

7.40

Exercised

(1,682,841)

6.25

Forfeited

(587,314)

7.76

Forfeitures available for re-grant

587,314

Balance at 31 March 2012

27,343,521

9,085,140

7.59

The following table summarises outstanding and exercisable options under both the 2001 Equity Incentive Plan and the LTIP as of 31 March 2012:


	Options Outstanding								Options Exercisable
Exercise Price (A$)	Number		Weighted Average Remaining Life (in Years)		Weighted Average Exercise Price (A$)		Aggregate Intrinsic Value		Number		Weighted Average Exercise Price (A$)		Aggregate Intrinsic Value (A$)
5.99		903,250		2.7		5.99		1,526,493		903,250		5.99		1,526,493
6.30		93,000		2.9		6.30		128,340		93,000		6.30		128,340
6.38		1,482,235		5.7		6.38		1,926,906		1,482,235		6.38		1,926,906
6.45		191,000		0.7		6.45		234,930		191,000		6.45		234,930
7.05		1,479,250		1.7		7.05		931,928		1,479,250		7.05		931,928
7.83		1,016,000		5.4		7.83		-		908,358		7.83		-
8.40		2,027,305		4.6		8.40		-		2,027,305		8.40		-
8.90		1,878,100		3.7		8.90		-		1,878,100		8.90		-
9.50		15,000		3.9		9.50		-		15,000		9.50		-

Total		9,085,140		3.9		7.59		4,748,597		8,977,498		7.59		4,748,597


	Shares			Weighted Average Fair Value at Grant Date (US$)
Non-vested at 31 March 2010		4,736,721			4.57

Granted		2,107,077			6.11
Vested		(970,793	)		3.90
Forfeited		(760,910	)		4.60


Non-vested at 31 March 2011		5,112,095			4.52


Granted		1,303,209			4.92
Vested		(2,527,601	)		3.13
Forfeited		(210,192	)		5.35


Non-vested at 31 March 2012		3,677,511			5.57


Grant Date	Equity Award Plan	Restricted Stock Units Granted

17 June 2008	2001 Equity Incentive Plan		698,440
15 September 2008	Long-Term Incentive Plan		201,324
17 December 2008	2001 Equity Incentive Plan		992,271
29 May 2009	Long-Term Incentive Plan		1,066,595
7 December 2009	2001 Equity Incentive Plan		278,569
7 December 2010	2001 Equity Incentive Plan		348,426
7 December 2011	2001 Equity Incentive Plan		281,556
5 March 2012	2001 Equity Incentive Plan		3,802

			3,870,983


Date of grant	15 Sep 2011	15 Sep 2010
Dividend yield (per annum)	2.0%	0.0%
Expected volatility	51.9%	50.6%
Risk free interest rate	1.0%	1.5%
Expected life in years	3.0	3.0
JHX stock price at grant date (A$)	5.64	5.94
Number of restricted stock units	954,705	951,194