Page 164 - Annual Report 2020

At At Award Market price on date of: Gain on DEP on
1 July 30 June vesting awards awards
Award type Date of grant 2019 Granted Vested Lapsed 2020 date (1) Grant (2) Vesting (3) (‘000) (4) (‘000)
Mike Henry
STIP 20-Nov-19 – 17,420 – – 17,420 Aug 21 A$37.24 – – –
STIP 18-Dec-18 30,692 – – – 30,692 Aug 20 A$33.50 – – –
STIP 24-Nov-17 36,376 – 36,376 – – 21 Aug 19 A$27.97 A$35.25 A$1,282 A$166
LTIP 20-Nov-19 – 153,631 – – 153,631 Aug 24 A$37.24 – – –
LTIP 18-Dec-18 172,413 – – – 172,413 Aug 23 A$33.50 – – –
LTIP 24-Nov-17 218,020 – – – 218,020 Aug 22 A$27.97 – – –
LTIP 9-Dec-16 192,360 – – – 192,360 Aug 21 A$25.98 – – –
LTIP 4-Dec-15 192,360 – – – 192,360 Aug 20 A$17.93 – – –
LTIP 19-Dec-14 127,310 – – 127,310 – 21 Aug 19 A$28.98 – – –
Andrew Mackenzie (5)
STIP 20-Nov-19 – 25,845 – – 25,845 Aug 21 A$37.24 – – –
STIP 18-Dec-18 52,061 – – – 52,061 Aug 20 A$33.50 – – –
STIP 24-Nov-17 56,217 – 56,217 – – 21 Aug 19 A$27.97 A$35.25 A$1,982 A$256
LTIP 20-Nov-19 – 271,348 – – 271,348 Aug 24 A$37.24 – – –
LTIP 18-Dec-18 304,523 – – – 304,523 Aug 23 A$33.50 – – –
LTIP 24-Nov-17 385,075 – – – 385,075 Aug 22 A$27.97 – – –
LTIP 9-Dec-16 339,753 – – – 339,753 Aug 21 A$25.98 – – –
LTIP 4-Dec-15 339,753 – – – 339,753 Aug 20 A$17.93 – – –
LTIP 19-Dec-14 224,859 – – 224,859 – 21 Aug 19 A$28.98 – – –
Peter Beaven
STIP 20-Nov-19 – 19,003 – – 19,003 Aug 21 A$37.24 – – –
STIP 18-Dec-18 30,964 – – – 30,964 Aug 20 A$33.50 – – –
STIP 24-Nov-17 36,145 – 36,145 – – 21 Aug 19 A$27.97 A$35.25 A$1,274 A$165
LTIP 20-Nov-19 – 139,664 – – 139,664 Aug 24 A$37.24 – – –
LTIP 18-Dec-18 156,739 – – – 156,739 Aug 23 A$33.50 – – –
LTIP 24-Nov-17 198,200 – – – 198,200 Aug 22 A$27.97 – – –
LTIP 9-Dec-16 174,873 – – – 174,873 Aug 21 A$25.98 – – –
LTIP 4-Dec-15 174,873 – – – 174,873 Aug 20 A$17.93 – – –
LTIP 19-Dec-14 115,736 – – 115,736 – 21 Aug 19 A$28.98 – – –
Daniel Malchuk
STIP 20-Nov-19 – 16,786 – – 16,786 Aug 21 A$37.24 – – –
STIP 18-Dec-18 33,686 – – – 33,686 Aug 20 A$33.50 – – –
STIP 24-Nov-17 28,070 – 28,070 – – 21 Aug 19 A$27.97 A$35.25 A$989 A$128
LTIP 20-Nov-19 – 139,664 – – 139,664 Aug 24 A$37.24 – – –
LTIP 18-Dec-18 156,739 – – – 156,739 Aug 23 A$33.50 – – –
LTIP 24-Nov-17 198,200 – – – 198,200 Aug 22 A$27.97 – – –
LTIP 9-Dec-16 174,873 – – – 174,873 Aug 21 A$25.98 – – –
LTIP 4-Dec-15 174,873 – – – 174,873 Aug 20 A$17.93 – – –
LTIP 19-Dec-14 115,736 – – 115,736 – 21 Aug 19 A$28.98 – – –
Geraldine Slattery
STIP 20-Nov-19 – 6,628 – – 6,628 Aug 21 A$37.24 – – –
LTIP 20-Nov-19 – 104,748 – – 104,748 Aug 24 A$37.24 – – –
MAP 21-Feb-19 28,527 – – – 28,527 Aug 23 A$34.83 – – –
MAP 21-Feb-19 28,527 – – – 28,527 Aug 22 A$34.83 – – –
MAP 24-Sep-18 28,527 – – – 28,527 Aug 21 A$33.83 – – –
MAP 25-Sep-17 34,349 – – – 34,349 Aug 20 A$25.98 – – –
MAP 31-Oct-16 21,775 – 21,775 – – 21 Aug 19 A$23.07 A$35.25 A$768 –
GSTIP 25-Sep-17 14,951 – 14,951 – – 21 Aug 19 A$25.98 A$35.25 A$527 –
(1) Where the vesting date is not yet known, the estimated vesting month is shown. Where awards lapse, the lapse date is shown. If the vesting conditions are met,
awards will vest on, or as soon as practicable after, the first non-prohibited period date occurring after 30 June of the preceding year of vest. The year of vesting
is the second (STIP, CDP two-year awards and GSTIP), third (MAP), fourth (MAP) or fifth (MAP, CDP five-year awards and LTIP) financial year after grant. All awards
are conditional awards and have no exercise period, exercise price or expiry date; instead ordinary fully paid shares are automatically delivered upon the vesting
conditions being met. Where vesting conditions are not met, the conditional awards will immediately lapse.
(2) The market price shown is the closing price of BHP shares on the relevant date of grant. No price is payable by the individual to receive a grant of awards. The IFRS
fair value of the STIP and LTIP awards granted in FY2020 is at the grant date of 20 November 2019, and are as follows: STIP – A$37.24 and LTIP – A$20.07.
(3) The market price shown is the closing price of BHP shares on the relevant date of vest.
(4) The gain on awards is calculated using the market price on date of vesting or exercise (as applicable) less any exercise price payable. The amounts that vested
and were lapsed for the awards during FY2020 are as follows: STIP – 100 per cent vested; LTIP – 100 per cent lapsed; GSTIP – 100 per cent vested; MAP –
100 per cent vested.
(5) Awards shown as held by Andrew Mackenzie at 30 June 2020 are his balances at the date he ceased being CEO and Executive Director (31 December 2019).
The subsequent treatment of his awards is set out in sections 3.3.13 and 3.3.24.

162 BHP Annual Report 2020