Philips 2011 Annual Report Download - page 168
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12 Group financial statements 12.11 - 12.11
168 Annual Report 2011
Stock options
January 1, 2011 granted exercised expired
December 31,
2011
exercise price
(in euros or
USD)
share (closing)
price on
exercise date expiry date
S.H. Rusckowski 27,0001) − − − 27,0001) $28.78 − 04.13.2014
2,7001,) − − − 2,7001) $25.43 − 01.27.2015
31,5001) − − − 31,5001) $25.28 − 04.18.2015
31,5001) − − − 31,5001) $32.25 − 04.18.2016
4,5001) − − − 4,5001) $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
40,800 − − − 40,800 24.90 − 04.19.2020
− 75,000 − − 75,000 20.90 − 04.18.2021
769,431 303,000 − − 1,072,431
1) Awarded under US stock option plan and before date of appointment as a member of the Board of Management
See note 30, Share-based compensation for further information on
stock options and restricted share rights as well sub-section 10.2.6,
Long-Term Incentive Plan, of this Annual Report
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, 2011
accumulated
annual
pension as of
December
31, 20111) pension costs2,3)
F.A. van Houten 51 33,103 297,179
R.H. Wirahadiraksa 51 17,904 170,299
G.H.A. Dutiné 59 115,397 245,018
P.A.J. Nota 47 9,951 168,532
S.H. Rusckowski 54 37,796 254,975
G.J. Kleisterlee4) 65 848,571 (48,117)
P-J. Sivignon 55 49,370 68,830
R.S. Provoost 52 91,273 175,301
1,332,017
1) Under average pay plan as of December 31, 2011 or the end date of
employment
2) Including costs related to employer contribution in defined-contribution
pension plan
3) Cost are related to the period of board membership
4) 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 until his
retirement on March 31, 2011
Remuneration of the Supervisory Board
The remuneration of the members of the Supervisory Board amounted
to EUR 803,250 (2010: EUR 777,000; 2009: EUR 817,500); former
members received no remuneration.
At December 31, 2011, the members of the Supervisory Board held no
stock options.