REMUNERATION REPORT Continued 7.4. PERFORMANCE RIGHTS ON ISSUE For each grant of options or grant of performance rights included in this report, the percentage of the grant that was paid, or that vested, in the financialyear, and the percentage and value that was forfeited because the service and performance criteria were not met is set out below. Options and performance rights vest provided the vesting conditions or performance hurdles are met. No options or performancerights will vest if the hurdles (either service or performance) are not satisfied, therefore the minimum value of the options or performance rights yet to vest is nil. Value of vested Maximum total Vested Forfeited performance value of grant yet Name Grant date Expiry date % % rights to be expensed (1) J King(2) 4 Jun 2018 4 Jun 2021 2.78 27,027 465,574 - N Chadwick(3) 29 Jan 2018 31 Oct 2021 215,645 - - - M Cripsey(4) 21 Dec 2017 31 Oct 2021 175,391 - - - 22 Dec 2016 31 Oct 2019 - - - 117,141 5 Jan 2016 (5) 31 Oct 2020 54,913 - - - A Sutton 21 Dec 2017 31 Oct 2021 - - - 189,768 22 Dec 2016 31 Oct 2019 - - - 136,838 5 Jan 2016 (5) 31 Oct 2020 59,905 - - - 15 Dec 2014 31 Oct 2017 8.33 91.67 13,977 - A Winstanley(6) 25Jun 2018 25 Jun 2021 2.78 6,713 148,043 - Former Disclosed Executives R Umbers(7) 21 Dec 2017 25 Jul 2021 - - - - 22 Dec 2016 31 Oct 2019 - - - - 5 Jan 2016 (5) 31 Oct 2020 - - - - 15 Dec 2014 31 Oct 2017 49.62 50.38 208,045 - GDevonport(8) 21 Dec 2017 31 Oct 2021 100.00 - - - 22 Dec 2016 31 Oct 2019 - 100.00 - - 5 Jan 2016 (5) 31 Oct 2020 254,142 - - - (1) This represents the maximum accounting value of the LTIPawards (rights) as at their grant date. (2) Mr King was appointedas CEOand Managing Directoron 4 June 2018. The performance rights referred to in this table refer to rights granted upon his appointment. These rights vest monthly overtheperiod 4 June 2018 to 4 June 2021. (3) Mr Chadwick was appointedas Chief Financial Officer on 29 January 2018, and was granted performance rights uponhis appointment. (4) Mr Cripsey's performance rights relate to his previous role as Chief Digital & Data Officer, prior to his promotion to KMP as the Chief Operating Officer on 29 January 2018. (5) The grants under the FY2016 LTIP will be tested for vesting following the release of the FY2018 results anddetails disclosed in the FY2019Remuneration Report. (6) Mr Winstanley was appointedasChief Merchandise Officer on 25 June 2018. The performance rights referred to in this table refer to rights granted uponhis appointment. These rights vest monthly over the period 25 June 2018 to 25 June 2021. (7) Mr Umbers stepped down as CEO and Managing Director on 14 February 2018, and his notice period concluded on 31July 2018. The performance rights referred to in this table held by Mr Umbers which were granted on 22 December 2016 and 21 December 2017lapsedwhen his notice period concluded. Other performance rights granted to Mr Umbers will be tested as per their original terms, and may vest if the performance targets are achieved. (8) Mr Devonport stepped down as Chief Financial Officeron 28 January 2018 and his noticeperiodconcluded on 21 March 2018. A portion of performance rights referred to in this table held by Mr Devonport that were granted on 5 January 2016 were linked to his continuous service, these rights will vest in FY2019. All other rights will be forfeited. Myer Annual Report 2018 43