Nokia 2005 Annual Report Download - page 95
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Long-term equity-based incentives granted in 2005(1)
Group Other Total number
Executive Board employees Total of participants
Performance Shares at Threshold(2)
(number) .......................... 241 000 4 228 000 4 469 000 12 600
Stock Options (number) ................ 1 121 000 7 431 000 8 552 000 4 200
Restricted Shares (number) ............. 508 000 2 509 000 3 017 000 300
(1) The equity-based incentive grants are generally forfeited, if the employment relationship
terminates with Nokia, and they are conditional upon such performance and other conditions,
as determined in the relevant plan rules. For a description of our equity plans, see Note 24
‘‘Share-based payment’’ to the consolidated financial statements included in Item 18 of this
annual report on Form 20-F.
(2) At maximum performance, the settlement amounts to four times the number of performance
shares originally granted (at threshold).
93