Philips 2009 Annual Report Download - page 204

Stock options
January 1, 2009 granted exercised
December 31,
2009
exercise price
(in euros or
USD)
share (closing)
price on
exercise date expiry date
A. Ragnetti 30,0001,2) − − 30,000 15.29 − 02.11.2013
17,6041) − − 17,604 16.77 − 04.15.2013
18,4051) − − 18,405 24.13 − 04.13.2014
24,0031) − − 24,003 19.41 − 04.18.2015
27,000 − − 27,000 26.28 − 04.18.2016
39,600 − − 39,600 30.96 − 04.16.2017
38,403 − − 38,403 23.11 − 04.14.2018
− 38,400 − 38,400 12.63 − 04.14.2019
S.H. Rusckowski 27,0001,4) − − 27,0001,4) $28.78 − 04.13.2014
2,7001,4) − − 2,7001,4) $25.43 − 01.27.2015
31,5001,4) − − 31,5001,4) $25.28 − 04.18.2015
31,5001,4) − − 31,5001,4) $32.25 − 04.18.2016
4,5001,4) − − 4,5001,4) $34.56 − 10.16.2016
42,903 − − 42,903 30.96 − 04.16.2017
38,403 − − 38,403 23.11 − 04.14.2018
− 38,400 − 38,400 12.63 − 04.14.2019
1,805,672 259,200 − 2,064,872
1) Awarded before date of appointment as a member of the Board of Management
2) (Partly) sign-on grant
3) The Supervisory Board and the Board of Management have decided to adjust upwards the exercise price of all options to, but not yet exercised by, members of the Board of
Management as of July 31, 2000 by EUR 0.21 per common share in connection with the 3% share reduction program affected mid-2000
4) Awarded under US stock option plan
See note 30 for further information on stock options and restricted
share rights.
The total pension charges of the members of the Board of Management
in 2009 amount to EUR 787,010 (2008: EUR 725,462; 2007: EUR
505,208).
The accumulated annual pension entitlements and the pension costs of
individual members of the Board of Management are as follows (in
euros):
age at
December 31,
2009
accumulated
annual
pension as of
December 31,
20091) pension costs2)
G.J. Kleisterlee3) 63 777,567 (255,757)
P-J. Sivignon 53 38,033 237,832
G.H.A. Dutiné 57 98,560 199,685
R.S. Provoost 50 76,297 190,975
A. Ragnetti 49 47,695 199,680
S.H. Rusckowski 52 21,231 214,595
787,010
1) Under final pay or average pay plan
2) Including costs related to employer contribution in defined-contribution
pension plan
3) As Mr Kleisterlee was born before January 1, 1950, he continued to be a
member of the final pay plan with a pensionable age of 60. No further accrual
takes place
Remuneration of the Supervisory Board
The remuneration of the members of the Supervisory Board amounted
to EUR 795,500 (2008: EUR 851,250; 2007: EUR 540,000); former
members received no remuneration.
At December 31, the members of the Supervisory Board held no stock
options.
11 Group financial statements 11.12 - 11.12
204 Philips Annual Report 2009