Name and position  Number of PSU awards held at 1 April 2012 (1) PSU awards  granted during  the financial  year (2) Vested PSU awards exercised during the  financial year  PSU awards   not able to be exercised due to  performance  hurdles not met (3) Number of PSU awards held at 31 March  2013  Number of PSU awards vested and not  exercised during the  financial year  Number of PSU awards vested and not  exercised at 31 March   2013  Executive  Directors  N.W. Moore 293,740  120,667  –  (48,841)  365,566  –  –  Executives  S.D. Allen  89,079  52,353  –  (9,968)  131,464  –  –  T.C. Bishop  71,317  26,814  –  –  98,131  –  –  A.J. Downe 248,955  107,259  –  (51,022)  305,192  –  –  G.A. Farrell  79,027  98,321  –  –  177,348  –  –  P.J. Maher 106,050  53,629  –  (16,598)  143,081  –  –  M. McLaughlin  –  15,961  –  –  15,961  –  –  N. Sorbara (4) –  –  –  –  –  –  –  S. Vrcelj  52,170  –  –  –  52,170  –  –  G.C. Ward  129,273  58,737  –  (23,570)  164,440  –  –  S. Wikramanayake  119,973  116,836  –  (12,142)  224,667  –  –  157  (1) Or date of appointment if later.  (2) As discussed in note 1(xxi)—Summary of significant accounting policies, PSUs are granted in the financial year following the year of the  Company’s performance to which the grant relates. PSUs disclosed as granted above relate to 2012.  (3) Performance hurdles for PSU awards issued on or after 17 December 2009 and vesting at 1 July 2012 were not achieved and therefore  those PSU awards did not become exercisable and lapsed. These awards are not exchangeable and related expense previously  recognised on these PSU grants was reversed during the current and prior financial years.   (4) 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.  For the financial year ended 31 March 2013  Note 32  Key Management Personnel disclosure  continued  MEREP PSU Awards of Key Management Personnel and their related parties 