(i) Acquisition of an interest in 88,359 shares arising from a conditional award of shares under the Group Performance Share Plan being the long-term incentive plan of the HSBC Share Plan 2011. (ii) Acquisition of an interest in 55,438 shares arising from a deferred award of Restricted Shares under the HSBC Share Plan 2011. (iii) Acquisition of an interest in 36,959 shares arising from a non-deferred award of Restricted Shares under the HSBC Share Plan 2011. The Trustees of the Plan sold 20,261 shares to meet the tax liability arising on the immediate vesting of this award. The interest in the balance of 16,698 shares has been transferred to I M Dorner as beneficial owner and must be retained for six months. (iv) Release by the Trustees of 23,522 ordinary shares upon the partial vesting of Restricted Shares awarded previously to I M Dorner. The Trustees of the Plan sold a total of 9,696 shares to meet the tax liability. 13,826 shares have been transferred to I M Dorner as beneficial owner and must be retained for six months. |
