Philips 2015 Annual Report Download - page 85

Supervisory Board report 10.2.7
Annual Report 2015 85
For more details of the LTI Plan see note 28, Share-
based compensation.
Realization of 2013 performance share grant
The 3-year performance period of the 2013
performance share grant ended on December 31, 2015.
The payout results are explained below.
TSR (50% weighting)
The TSR achieved by Philips during the performance
period was 34.15%. This positioned Philips between the
12th and 13th ranked company in the peer group shown
in the table below, resulting in a payout of 60%.
TSR results Philips LTI Plan 2013 grants Koninklijke Philips:
34.15%
Total Shareholder Return ranking per December 31, 2015
Start date: December 2012
End date: December 2015
Company total return rank number
Panasonic 202.52% 1
Covidien 99.10% 2
Medtronic 88.74% 3
Legrand 82.06% 4
3M 81.03% 5
Honeywell International 76.37% 6
Danaher 74.71% 7
Johnson Controls 68.72% 8
Hitachi 65.40% 9
Johnson & Johnson 56.87% 10
Electrolux 53.12% 11
General Electric 52.78% 12
Siemens 29.97% 13
Procter & Gamble 22.03% 14
Eaton 19.13% 15
Schneider Electric 16.17% 16
ABB 12.96% 17
Toshiba 11.35% 18
Emerson Electric 4.24% 19
Smiths Group 3.43% 20
LG Electronics (30.08)% 21
Philips Group
Stock options
grant date
number of
stock options
value at
grant date1)
end of
lock-up period
value at
end of
lock-up period1)
F.A. van Houten 2012 75,000 212,550 2015 732,368
20132) 55,000 242,534 2016 n.a.
A. Bhattacharya 2012 16,500 46,761 2015 161,121
P.A.J. Nota 2012 51,000 144,534 2015 498,010
20132) 38,500 169,773 2016 n.a.
1) Value based on Black & Scholes value
2) Accelerate! Grant
Philips Group
Restricted share rights
grant date
number of
restricted share
rights originally
granted
value at
grant date
number of
restricted share
rights
released in 2015
value at
release date
in 2015
F.A. van Houten 2012 20,001 296,415 6,667 181,209
A. Bhattacharya 2012 4,401 65,223 1,467 39,873
P.A.J. Nota 2012 13,602 201,582 4,534 123,234