106 Consolidated  Notes to the  Financial  Statements Note 46 – Key management personnel disclosures (continued) Share performance rights over equity instruments granted as remuneration Details of movements during the financial year in the number of share performance rights (SPRs) over ordinary shares in the Parent Entity  held directly, indirectly or beneficially, by each key management person, including their related parties, are set out below: Details of SPRs notionally granted to key management personnel during the 2011 financial year are as follows: No SPRs have been granted since the end of the financial year. The SPRs have been provided at no cost to the recipients. For further details, including the key terms and conditions, grant and vesting dates for SPRs granted to key management personnel,  refer Note 48. Vested Notionally Lapsed/ but not Balance at  Adjustment  granted  Vested  forfeited  Balance at  exercisable 2011  1 July  to SPRs  during the  during the  during the  30 June  at 30 June Share performance rights 2010 awarded year year year 2011 2011 Directors Michael Fraser  346,100 (20,855) 137,175 (149,391) – 313,029 – Executives Jeff Dimery  50,608 (3,157) – (19,071) (28,380) – – Anthony Fowler  10,184 (444) 16,461 (3,079) – 23,122 – Ken Hodgson  15,011 (2,327) 24,075 (5,074) – 31,685 – Paul McWilliams  12,651 (525) 7,545 (7,282) – 12,389 – Stephen Mikkelsen  48,746 (2,341) 24,692 (24,750) – 46,347 – Michael Moraza  29,661 (2,593) 20,577 (10,948) – 36,697 – 512,961 (32,242) 230,525 (219,595) (28,380) 463,269 – Weighted average Date granted  Number of SPRs  Performance period  Vesting date  fair value 20 June 2011  230,525  1 July 2010 – 30 June 2011  1 September 2011  $7.08 Vested Notionally Lapsed/ but not Balance  at  Adjustment  granted  Vested  forfeited  Balance  at  exercisable 2010  1 July  to SPRs  during the  during the  during the  30 June  at 30 June Share performance rights 2009 awarded year year year 2010 2010 Directors Michael Fraser  218,158  –  134,546  (6,604)  –  346,100  – Executives Jeff Dimery  33,703  –  20,364  (3,459)  –  50,608  – Ken Hodgson – – 15,011 – – 15,011 – Paul McWilliams  10,983  –  3,379  (1,711)  –  12,651  – Stephen Mikkelsen  49,932  –  15,099  (16,285)  –  48,746  – Michael Moraza  14,362  –  16,728  (1,429)  –  29,661  – 327,138  –  205,127  (29,488)  –  502,777  – Details of SPRs notionally granted to key management personnel during the 2010 financial year are as follows: Weighted average Date granted  Number of SPRs  Performance period  Vesting date  fair value 26 February 2010  205,127  1 July 2009 – 30 June 2010  1 September 2010  $12.09