Philips 2013 Annual Report Download - page 114
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9 Supervisory Board report 9.2.7 - 9.2.8
114 Annual Report 2013
Performance shares 1)
in euros
grant date
originally granted
number of
performance
shares
value at
grant date
end of
vesting
period
number of
performance
shares
vested in 2013
value
at vesting
date in 2013
F.A. van Houten 2013 62,559 1,320,000 2016 n.a. n.a.
R.H. Wirahadiraksa 2013 31,991 675,000 2016 n.a. n.a.
P.A.J. Nota 2013 29,621 625,000 2016 n.a. n.a.
1) Accelerate! Grant reported separately. Dividend performance shares resulting from the new LTI Plan not included
Stock options2)
in euros
grant date
number of
stock options
value at
grant date
end of
lock up period
value at
end of
lock up period3)
F.A. van Houten 2010 20,4001) 103,428 2013 86,429
2011 75,000 366,000 2014 n.a.
2012 75,000 212,550 2015 n.a.
R.H. Wirahadiraksa 2010 16,5001) 81,675 2013 36,290
2011 51,000 248,880 2014 n.a.
2012 51,000 144,534 2015 n.a.
P.A.J. Nota 2010 40,8001) 206,856 2013 172,857
2011 51,000 248,880 2014 n.a.
2012 51,000 144,534 2015 n.a.
1) Awarded before date of appointment as a member of the Board of Management
2) Accelerate! Grant reported separately
3) Value at end of lock up period based on Black & Scholes value
Restricted share rights
in euros
grant date
originally granted
number of restricted
share rights
value at
grant date
number of restricted
share rights
released in 2013
value at
release date
in 2013
F.A. van Houten 2010 5,1001) 116,688 1,700 41,497
2011 20,001 418,021 6,667 145,607
2012 20,001 296,415 6,667 136,807
R.H. Wirahadiraksa 2010 4,1251) 102,713 1,375 30,113
2011 13,602 284,282 4,534 99,023
2012 13,602 201,582 4,534 93,038
P.A.J. Nota 2010 10,2001) 233,376 3,400 82,994
2011 13,602 284,282 4,534 99,023
2012 13,602 201,582 4,534 93,038
1) Awarded before date of appointment as a member of the Board of Management
For more details of the LTI Plan, see note 31, Share-
based compensation.
9.2.8 Pensions
Members of the Board of Management participate in
the Executives Pension Plan in the Netherlands
consisting of a combination of a defined-benefit (career
average) and defined-contribution plan. The target