Siemens 2013 Annual Report Download - page 141

155 C. Combined Management Report 253 D. Consolidated Financial Statements 357 E. Additional Information

The defined benefit obligation (DBO) of all pension commit-
ments to former members of the Managing Board and their
surviving dependents as of September , , amounted to
€. million (: €. million). This figure is included in
NOTE  POST-EMPLOYMENT BENEFITS in D. NOTES TO CONSOLI-
DATED FINANCIAL STATEMENTS.
Other
No loans or advances from the Company are provided to mem-
bers of the Managing Board.
B...
ADDITIONAL INFORMATION ON STOCK- BASED
COMPENSATION INSTRUMENTS IN FISCAL 
This section provides information concerning the stock com-
mitments held by members of the Managing Board that were
components of stock-based compensation in fiscal  and
prior years, and also concerning the Managing Board mem-
bers’ en titlements to matching shares under the Siemens
Share Matching Plan.
Stock commitments
The following table shows the changes in the stock commit-
ments (Bonus Awards and Stock Awards) held by Managing
Board members in fiscal :
Balance at beginning of
fiscal 
Granted during fiscal year Vested and
transferred
during
fiscal year
Forfeited
during
fiscal year
Balance at end of
fiscal  
Forfeitable commitments
of Stock Awards
Non-
forfeitable
commit-
ments of
Bonus
Awards
Forfeitable
commit-
ments of
Stock
Awards
Non-
forfeitable
commit-
ments of
Bonus
Awards
(Target
attainment
depending
on EPS for
past three
fiscal years)
(Target
attainment
depending
on future
stock per-
formance)
Commit-
ments of
Bonus
Awards and
Stock
Awards
Commit-
ments of
Stock
Awards
Non-
forfeitable
commit-
ments of
Bonus
Awards
Forfeitable
commit-
ments of
Stock
Awards 
(Amounts in number of units)
Managing Board
members serving as of
September , 
Joe Kaeser 15,394 49,657 9,425 20,754 13,477 16,451 – 24,819 67,437
Dr. Roland Busch 7,697 16,490 8,483 11,859 7,701 2,255 – 16,180 33,795
Brigitte Ederer  15,394 26,788 9,425 11,859 7,701 2,879 – 24,819 43,469
Klaus Helmrich 7,697 19,836 9,425 11,859 7,701 3,701 – 17,122 35,695
Barbara Kux 15,394 47,600 9,425 11,859 7,701 14,394 – 24,819 52,766
Prof. Dr. Hermann Requardt 15,394 49,657 10,368 11,859 7,701 16,451 – 25,762 52,766
Prof. Dr. Siegfried Russwurm 15,394 49,657 9,425 11,859 7,701 16,451 – 24,819 52,766
Peter Y. Solmssen 15,394 49,657 9,425 11,859 7,701 16,451 – 24,819 52,766
Dr. Michael Süß 7,697 24,913 9,425 11,859 7,701 6,041 – 17,122 38,432
Dr. Ralf P. Thomas – 18,899 – 5,218 3,388 5,264 – – 22,241
Former members
of the Managing Board
Peter Löscher  34,208 124,139 20,945 29,648 19,252 41,126 – 55,153 131,913
Total 149,663 477,293 105,771 150,492 97,725 141,464 – 255,434 584,046
1 The weighted average fair value as of the grant-date for
fiscal  was €. per granted share.
2 Amounts do not include stock commitments (Bonus
Awards and Stock Awards) awarded in November 
for fiscal . For details, see below. However, these
amounts may include Stock Awards received as compen-
sation by the Managing Board member before joining
the Managing Board.
3 The number of forfeitable commitments of Stock Awards
shown here for Brigitte Ederer and Peter Löscher as
of the end of fiscal  remains in effect in full on the
basis of the agreements in connection with their depar-
ture from the Managing Board; the number of Stock
Awards linked to future stock performance will be
revised as a result of actual target attainment after the
end of the restriction period.
4 Brigitte Ederer resigned from the Managing Board
effective at the end of the day on September , .
5 Dr. Ralf P. Thomas was elected a full member of the
Managing Board effective September , .
6 Peter Löscher resigned from the Managing Board effec-
tive July , ; his employment agreement ended
effective September , .