Philips 2015 Annual Report Download - page 162

Group nancial statements 12.9
162 Annual Report 2015
Philips Group
Stock options (holdings) in number of shares
2015
January 1,
2015 granted exercised expired
December
31, 2015
grant
price
(in euros)
share
(closing)
price on
exercise
date expiry date
F.A. van Houten 20,4001) − − − 20,400 22.88 − 10.18.2020
75,000 – − − 75,000 20.90 − 04.18.2021
75,000 − − − 75,000 14.82 − 04.23.2022
55,000 − − − 55,000 22.43 − 01.29.2023
A. Bhattacharya 3,6811) − − − 3,681 26.28 − 04.18.2016
16,5001) − − − 16,500 22.88 − 10.18.2020
16,5001) − − − 16,500 20.90 − 04.18.2021
20,0001) − − − 20,000 15.24 − 01.30.2022
16,5001) − − − 16,500 14.82 − 04.23.2022
P.A.J. Nota 40,8001) − − − 40,800 22.88 − 10.18.2020
51,000 – − − 51,000 20.90 − 04.18.2021
51,000 − − − 51,000 14.82 − 04.23.2022
38,500 − − − 38,500 22.43 − 01.29.2023
Stock options (holdings) 479,881 − − − 479,881
1) Awarded before date of appointment as a member of the Board of Management
See note 28, Share-based compensation for further
information on performance shares, stock options and
restricted share rights as well sub-section 10.2.7, 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 EUR):
Philips Group
Accumulated annual pension entitlements and pension related
costs in EUR
2015
age at
December 31,
2015
accumulated
annual
pension as of
December 31,
20151)
total
pension
related costs2)
F.A. van Houten 55 291,722 554,628
A. Bhattacharya 54 22,254 8,201
P.A.J. Nota 51 42,434 296,831
R.H. Wirahadiraksa 55 109,141 314,774
Pension costs 1,174,434
1) Total of entitlements under Philips pension scheme, including - if
applicable - transferred pension entitlements under pension scheme(s)
of previous employer(s)
2) Cost related to period of board membership and include paid pension
allowances as well as pension premium paid by employer to Collective
Dened Contribution plan
When pension rights are granted to members of the
Board of Management, necessary payments (if insured)
and all necessary provisions are made in accordance
with the applicable accounting principles. In 2015, no
(additional) pension benets were granted to former
members of the Board of Management.
Remuneration of the Supervisory Board
The remuneration of the members of the Supervisory
Board amounted to EUR 1,083,667 (2014: EUR 816,668;
2013: EUR 747,000) former members received no
remuneration.
At December 31, 2015 the members of the Supervisory
Board held no stock options.
The individual members of the Supervisory Board
received, by virtue of the positions they held, the
following remuneration (in EUR):
Supervisory Board members’ and Board of
Management members’ interests in Philips
shares
Members of the Supervisory Board and of the Board of
Management are not allowed to hold any derivatives of
Philips securities.
Philips Group
Shares held by Board members1) in number of shares
2015
December
31, 2014
December
31, 2015
J. van der Veer 17,784 18,366
H. von Prondzynski 3,519 3,633
J.P. Tai 3,284 3,716
F.A. van Houten 109,570 121,762
A. Bhattacharya 26,807 29,415
P.A.J. Nota 59,491 66,133
1) Reference date for board membership is December 31, 2015