Report on Directors’ Remuneration  | continued CRH 65 Options exercised during 2012 31 December 2011 Granted in  2012 Lapsed in 2012 Exercised in  2012 31 December 2012 Weighted average option  priceat 31 December 2012 Weighted average exercised  price Weighted average  market price  at date of  exercise € € € M. Carton  55,831  -  -  -  55,831  (a)  25.75   -   -  32,161  -  7,763  -  24,398  (b)  13.61   -   -  77,500  50,000  -  -  127,500  (c)  16.47   -   -  1,752  -  -  -  1,752  (d)  18.39   -   -  M. Lee  318,435  -  10,000  308,435  (a)  19.56  11.86  14.07  110,900  -  27,725  -  83,175  (b)  13.36   -   -  175,000  100,000  -  -  275,000  (c)  16.57   -   -  1,752  -  -  -  1,752  (d)  18.39   -   -  A. Manifold  166,445  -  -  -  166,445  (a)  21.97   -   -  42,142  -  8,872  -  33,270  (b)  13.46   -   -  122,500  70,000  -  -  192,500  (c)  16.57   -   -  1,752  -  1,752  -  -  (d)  -   -   -  -  2,236  -  -  2,236  (e)  13.64   -   -  M. Towe  216,256  -  27,725  27,725  160,806  (a)  22.78  11.96  15.36  127,535  -  27,725  49,905  49,905  (b)  15.09  11.96  15.36  140,000  90,000  230,000  (c)  16.53   -   -  1,589,961  312,236  101,562  87,630  1,713,005  31 December 2011 Granted in   2012 Released in   2012  (ii) Lapsed in  2012  (ii) 31 December  2012 Performance  Period Release   date Market Price in euro on award M. Carton  14,000   -  2,324   11,676   -  01/01/09 - 31/12/11   March 2012   17.00   10,000   -   -  -   10,000   01/01/10 - 31/12/12   March 2013   18.51   42,000   -   -  -   42,000   01/01/11 - 31/12/13   March 2014   16.52   -  50,000   -   -  50,000  01/01/12 - 31/12/14   March 2015   15.19   66,000   50,000   2,324   11,676   102,000  M. Lee  70,000   -  11,623   58,377   -  01/01/09 - 31/12/11   March 2012   17.00   75,000   -   -  -   75,000   01/01/10 - 31/12/12   March 2013   18.51   88,000   -   -  -   88,000   01/01/11 - 31/12/13   March 2014   16.52   -  100,000   -   -  100,000  01/01/12 - 31/12/14   March 2015   15.19   233,000   100,000   11,623   58,377   263,000  A. Manifold  47,500   -  7,887   39,613   -  01/01/09 - 31/12/11   March 2012   17.00   55,000   -   -  -   55,000   01/01/10 - 31/12/12   March 2013   18.51   62,000   -   -  -   62,000   01/01/11 - 31/12/13   March 2014   16.52   -  70,000   -   -   70,000   01/01/12 - 31/12/14   March 2015   15.19   164,500   70,000   7,887   39,613   187,000  M. Towe  76,000   -  12,620   63,380   -  01/01/09 - 31/12/11   March 2012   17.00   60,000   -   -  -   60,000   01/01/10 - 31/12/12   March 2013   18.51   68,000   -   -  -   68,000   01/01/11 - 31/12/13   March 2014   16.52   -  90,000   -   -   90,000   01/01/12 - 31/12/14   March 2015   15.19   204,000   90,000   12,620   63,380   218,000  Directors’ awards under the Performance Share Plan  (i) Directors’ share options Details of movements on outstanding options and those exercised during the year are set out in the table below:  (i)  Performance Share Plan  This is a long-term share incentive plan under which share awards are granted in the form of a provisional allocation of shares for which no exercise  price is payable. The structure of the Performance Share Plan is set out on page 59. (ii)  In 2012, the Remuneration Committee determined that 16.6054% of the 2009 award vested and that portion of the award was released to participants. The balance of the 2009  award lapsed. The market value per share for tax purposes on the date of release was €15.79 for Directors resident in Ireland and €15.85 for Directors resident outside Ireland.