Westgold Resources Limited Annual Report 2021

45 Westgold Resources Limited Annual Report 2021 Executive Tranche Granted Grant date Fair value per option or right Total value at grant date Vesting date Expiry date Vested Lapsed/ forfeited L Smith 3 16,841 24/11/2020 $1.44 $24,250 30/06/2022 30/06/2022 – – 3 16,841 24/11/2020 $2.15 $18,104 30/06/2022 30/06/2022 – – 4 18,872 24/11/2020 $1.48 $28,006 30/06/2023 30/06/2023 – – 4 18,872 24/11/2020 $1.25 $23,895 30/06/2023 30/06/2023 – – 4 18,872 24/11/2020 $2.17 $40,895 30/06/2023 30/06/2023 – – 4 18,872 24/11/2020 $2.17 $40,895 30/06/2023 30/06/2023 – – Notes – Zepo’s Tranche 2 were granted in FY2019. – Zepo’s Tranche 3 were granted in FY2020. – Rights Tranche 4 were granted in FY2021. – All LTI’s lapse immediately on resignation. The value of the share-based payments granted during the period is recognised in compensation over the vesting period of the grant. For details on the valuation of the options, including models and assumptions used, please refer to Note 29.