Note 32  Key Management Personnel disclosure  continued  Option holdings of Key Management Personnel and their related parties (1) For the financial year ended 31 March 2013  Name and  position  Number of  options  outstanding at 1 April 2012 (2),(6) Options  exercised  during the  financial year  Options not able  to be exercised due to  performance  hurdles not met (3) Other  changes (4) Number of  options  outstanding at 31 March  2013 (5),(6) Number of  options  vested  during the  financial  year  Number of  options vested at 31 March  2013  (5),(6) Executive Directors  N.W. Moore 81,300  –  (81,300)  –  –  –  –  Executives  S.D. Allen  93,485  –  (19,700)  (34,385)  39,400  –  39,400  T.C. Bishop 273,000  –  (58,334)  (98,000)  116,666  –  116,666  A.J. Downe 59,334  –  (59,334)  –  –  –  –  G.A. Farrell 117,980  –  (25,000)  (42,980)  50,000  –  50,000  P.J. Maher 16,668  –  (16,668)  –  –  –  –  M. McLaughlin  19,000  –  –  –  19,000  6,334  19,000  N. Sorbara (7) 7,332  –  –  –  7,332  –  7,332  S. Vrcelj 82,000  –  (23,334)  (12,000)  46,666  –  46,666  G.C. Ward  17,834  –  (17,834)  –  –  –  –  S.Wikramanayake  71,858  –  (26,668)  (45,190)  –  –  –  (1) A related party of Mr Coleman held vested options in the MGESOP during the year ending 31 March 2013. Mr Coleman does not  influence any investment decision over, nor does he receive any benefit from, this holding. (2) Or date of appointment if later.  (3) Performance hurdles for options issued on or after 30 June 2006 and vesting at 1 July 2012 were not achieved and therefore the  options did not become exercisable. The related expense previously recognised on these option grants was reversed during the year  ended 31 March 2012. The value of those options that failed to become exercisable on 1 July 2012 was $nil. (4) Includes vested options lapsed and forfeited during the financial year.  (5) Or date of resignation/retirement if earlier.  (6) Options outstanding exclude options that are not exercisable due to performance hurdles not being met.  (7) Mrs Sorbara was appointed to the Executive Committee on 1 January 2013. The opening balance on 1 April 2012 represents holdings  at the date of appointment. 159 