Siemens 2010 Annual Report Download - page 107

147 Consolidated Financial Statements 49 Combined management’s discussion and analysis 261 Additional information

At the beginning of fiscal , Managing Board members held
a total of , stock options, with a weighted average strike
price of €.. These stock options pertained to the following
board members (the figures in brackets are the weighted aver-
age strike price): Dr. Heinrich Hiesinger, , stock options
(€.); Joe Kaeser, , stock options (€.); and Prof. Dr.
Hermann Requardt, , stock options (€.).
No stock options were granted to Managing Board members in
fiscal .
Stock options. Stock options were issued for fiscal years 
through  under the terms and conditions of the  and
 Siemens Stock Option Plans approved by the Annual
Shareholders‘ Meetings of Siemens AG on February , ,
and February ,  (for details on the Siemens Stock Option
Plans see Note  of the „Notes to Consolidated Financial State-
ments“).
. ADDITIONAL INFORMATION ON
STOCK-BASED COMPENSATION INSTRUMENTS
This section provides information concerning the Stock Awards
and stock options held by members of the Managing Board
that were components of the stock-based compensation in
Stock Awards
Balance at beginning
of fiscal 
Granted during
fiscal year
Vested during
fiscal year
Forfeited during
fiscal year
Balance at end of
fiscal  
Awards
Weighted
average fair
value at
grant date Awards
Weighted
average fair
value at
grant date Awards
Weighted
average fair
value at
grant date Awards
Weighted
average fair
value at
grant date Awards
Weighted
average fair
value at
grant date
(Amounts in number of units or €)
Managing Board members
serving as of
September , 
Peter Löscher 76,613 45.69 41,126 60.79 – – – – 117,739 50.96
Wolfgang Dehen 30,604 41.14 16,451 60.79 1,407 57.28 – – 45,648 47.72
Brigitte Ederer  6,326 50.43 2,879 60.79 445 57.28 – – 8,760 53.49
Dr. Heinrich Hiesinger  37,664 52.39 16,451 60.79 964 57.28 53,151 54.90 – –
Joe Kaeser 39,586 53.14 16,451 60.79 935 57.28 – – 55,102 55.35
Barbara Kux – – 14,394 60.79 – – – – 14,394 60.79
Prof. Dr. Hermann Requardt 38,483 52.62 16,451 60.79 1,309 57.28 – – 53,625 55.01
Prof. Dr. Siegfried Russwurm 29,540 41.75 16,451 60.79 513 57.28 – – 45,478 48.46
Peter Y. Solmssen 26,561 37.65 16,451 60.79 – – – – 43,012 46.50
Total 285,377 47.00 157,105 60.79 5,573 57.28 53,151 54.90 383,758 51.40
1 Amounts do not include Stock Awards granted in November 2010 for fiscal 2010. For details see page 37. However, these amounts
may include Stock Awards received as compensation by the Managing Board member before joining the Managing Board.
2 Brigitte Ederer was elected a full member of the Managing Board effective July 1, 2010.
3 Dr. Heinrich Hiesinger resigned from the Managing Board effective at the end of the day on September 30, 2010.
fiscal  and prior years, as well as about the Managing
Board members’ entitlements to matching shares under the
Siemens Share Matching Plan.
Stock Awards. The following table shows the changes in the
Stock Awards held by Managing Board members in fiscal :