Philips 2009 Annual Report Download - page 138

9.3.4 Remuneration costs
The tables below give an overview of the costs incurred by
the Company in the financial year in relation to the
remuneration of the Board of Management. Costs related
to stock option and restricted share right grants are taken
by the Company over a number of years. As a
consequence, the costs mentioned below in the columns
stock options and restricted share rights are the
accounting cost of multi-year grants given to board
members during their board membership.
Remuneration costs Board of Management 20091)
in euros
base salary
realized annual
incentive2) stock options
restricted share
rights pension costs
other
compensation
G.J. Kleisterlee 1,100,000 220,000 424,077 474,737 (255,757)3) 329,117
P-J. Sivignon 700,000 105,000 248,784 274,813 237,832 37,988
G.H.A. Dutiné 625,000 93,750 236,745 269,065 199,685 119,197
R.S. Provoost 635,000 95,250 236,745 267,241 190,975 25,465
A. Ragnetti 635,000 95,250 234,294 264,334 199,680 42,777
S.H. Rusckowski 635,000 221,470 257,303 277,640 214,595 66,603
1) Reference date for board membership is December 31, 2009
2) Annual incentive amount paid relates to performance in the previous year
3) No further accrual of pension benefits after having reached the age of 60 in September 2006, leading to a negative cost
Remuneration costs Board of Management 20081)
in euros
base salary
realized annual
incentive2) stock options
restricted share
rights pension costs
other
compensation
G.J. Kleisterlee 1,100,000 490,512 491,878 645,155 (314,893)3) 324,346
P-J. Sivignon 687,500 217,386 326,729 382,268 250,951 8,738
G.H.A. Dutiné 618,750 200,664 284,446 365,531 192,153 135,673
R.S. Provoost 620,000 247,607 265,791 343,011 192,003 26,406
A. Ragnetti 613,750 329,571 255,997 338,156 202,281 37,665
S.H. Rusckowski 620,000 103,1644) 177,629 307,685 235,852 66,356
1) Reference date for board membership is December 31, 2009
2) Annual incentive paid relates to performance in the previous year
3) No further accrual of pension benefits after having reached the age of 60 in September 2006, leading to a negative cost
4) Pay-out related to period April 1 - December 31, 2007
Remuneration costs Board of Management 20071)
in euros
base salary
realized annual
incentive2) stock options
restricted share
rights pension costs
other
compensation
G.J. Kleisterlee 1,087,500 1,186,618 467,467 612,844 (323,687)3) 304,047
P-J. Sivignon 637,500 508,550 284,166 373,969 243,940 25,218
G.H.A. Dutiné 587,500 513,691 284,033 354,526 192,549 140,116
R.S. Provoost 562,500 335,5514) 184,050 295,059 176,867 22,007
A. Ragnetti 531,250 354,8934) 174,256 284,860 178,611 37,031
S.H. Rusckowski 5) 431,250 − 93,489 209,370 184,633 137,741
1) Reference date for board membership is December 31, 2009
2) The annual incentive paid relates to performance in the previous year
3) No further accrual of pension benefits after having reached the age of 60 in September 2006, leading to a negative cost
4) Pay-out related to period April 1 - December 31, 2006
5) All amounts mentioned relate to period of board membership (April 1 - December 31, 2007), therefore no amount is mentioned under annual incentive
9 Supervisory Board report 9.3.4 - 9.3.5
138 Philips Annual Report 2009