Nokia 2005 Annual Report Download - page 111

(3) During 2005, there were no gains realized upon exercise of stock options to report, nor were
any share-based incentive grants settled for the members of the Group Executive Board.
(4) Mr. Ala-Pietil¨
a resigned as member of the Group Executive Board effective October 1, 2005, and
ceased employment with us on January 31, 2006. Dr. Yrj¨ o Neuvo resigned as member of the
Group Executive Board effective October 1, 2005, and retired from Nokia effective December 31,
2005. The information relating to stock options held and retained by Mr. Ala-Pietil¨ a and
Dr. Neuvo as of the date of termination of employment is represented in the table below:
Realized gains
in 2005 on
Total realisable Stock Options
value of Stock exercised(d)
Exercise Number of Stock Options(a) Options EUR(b)(c)
Stock Option price per Number
category share Exercisable Unexercisable Exercisable Unexercisable of options Gains
EUR EUR
Pekka Ala-Pietil¨ a 2001 A/B 36.75 0 0 0 0 250 000 5
(Information as 2001 C 4Q/01 26.67 7 818 0 0 0 117 182 6 356
per January 31, 2002 A/B 17.89 15 625 0 0 0 203 125 145 448
2006) 2003 2Q 14.95 00 0000
2004 2Q 11.79 30 000 0 97 800 0 0 0
2005 2Q 12.79 00 0000
Yrj¨ o Neuvo 2001 A/B 36.75 70 000 0 0 0 0 0
(Information as 2001 C 4Q/01 26.67 32 807 2 193 0 0 0 0
per December 31, 2002 A/B 17.89 56 875 13 125 0 0 0 0
2005) 2003 2Q 14.95 22 500 17 500 11 250 8 750 0 0
2004 2Q 11.79 6 250 13 750 22 875 50 325 0 0
(a) Number equals the number of underlying shares represented by the option entitlement.
(b) For Dr. Neuvo the realisable value of the stock options is based on the difference between the
exercise price of the options and the closing market price of Nokia shares on the Helsinki Stock
Exchange as of December 30, 2005, which was EUR 15.45.
(c) For Mr. Ala-Pietil¨
a the realisable value of the stock options is based on the difference between the
exercise price of the options and the closing market price of Nokia shares on the Helsinki Stock
Exchange as of January 31, 2006, which was EUR 15.05.
(d) Realized gains in 2005 represent the total gross value received in 2005 in respect of options sold
over the Helsinki Stock Exchange (transferable stock options).
Performance Shares and Restricted Shares
The following table provides certain information relating to performance shares and restricted
shares held by members of the Group Executive Board as of December 31, 2005. These entitlements
were granted pursuant to our performance share plans 2004 and 2005 and restricted share plans
2003, 2004 and 2005. For a description of our performance share and restricted share plans, in
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