ANNUAL REPORT 2011 20. KEY MANAGEMENT PERSONNEL DISCLOSURES - continued Equity instrument disclosures relating to key management personnel 77 Balance at  Received as  Options  Other  Balance at Vested and 30 June  Remuneration  Exercised  Movements  30 June  exercisable 2009  2010  at year end Directors  Reginald Gillard 600,000  -  (600,000)  -  -  - Mark Calderwood  1,200,000  -  -  -  1,200,000  1,200,000 Colin Carson 1,200,000  -  -  -  1,200,000  1,200,000 Rhett Brans  1,000,000  -  -  -  1,000,000  1,000,000 Neil Fearis  400,000  -  -  -  400,000  400,000 Sean Harvey  -  600,000  -  -  600,000  - Michael Bohm  -  400,000  -  -  400,000  400,000 Other key management personnel Susmit Shah  350,000  -  -  -  350,000  350,000 Jeffrey Quartermaine - - - - - - Grant Pierce  -  750,000  -  -  750,000  750,000 Kevin Thomson  1,125,000  300,000  (525,000)  -  900,000  600,000 Alexander Scott  300,000  -  (300,000)  -  -  - Balance at  Received as  Options  Other  Balance at Vested and 30 June  Remuneration  Exercised  Movements  30 June  exercisable 2010  2011  at year end Directors  Reginald Gillard -  -  -  -  - - Mark Calderwood  1,200,000  -  (1,200,000)  -  - - Colin Carson 1,200,000  -  (540,000)  (660,000)  - - Rhett Brans  1,000,000  -  (1,000,000)  -  - - Neil Fearis  400,000  -  (400,000)  -  - - Sean Harvey  600,000  -  -  -  600,000 600,000 Michael Bohm  400,000  -  -  -  400,000 400,000 Other key management personnel Susmit Shah  350,000  150,000  -  - 500,000 350,000 Jeffrey Quartermaine  -  650,000  -  - 650,000 400,000 Grant Pierce  750,000  -  -  -  750,000 750,000 Kevin Thomson  900,000  200,000  -  - 1,100,000 900,000 The numbers of options to subscribe for shares in the company held during the financial year by directors and other key  management personnel, including options held by entities they control, are set out below. Details of options provided as remuneration and shares issued on the exercise of such options, together with terms and  conditions of the options, can be found in the remuneration report on pages 20 to 30. (i) Options provided as remuneration and shares issued on exercise of such options (ii)  Option holdings