Nokia 2006 Annual Report Download - page 92

(7) All other compensation for Mr. Kallasvuo includes: EUR 21 240 for car allowance, EUR 10 000 for
financial counseling, EUR 4 680 for driver and EUR 3 040 for mobile phone and club membership.
(8) Salaries, benefits and perquisites of Mr. Simonson, Mr. Moerk and Ms. McDowell are paid and
denominated in USD. Amounts were converted to EUR using yearend 2006 USD/EUR exchange rate
of 1.31.
(9) All other compensation for Mr. Simonson includes: EUR 13 282 company contributions to the
401(k) plan, EUR 23 419 company contributions to the Restoration and Deferral Plan, EUR 21 519
provided as benefit under Nokia’s relocation policy, EUR 12 977 for car allowance and EUR 13 454
for financial counseling.
(10) All other compensation for Mr. Vanjoki includes: EUR 19 154 for car allowance; EUR 10 000 for
financial counseling and the remainder for mobile phone.
(11) All other compensation for Ms. McDowell includes: EUR 13 282 company contributions to the
401(k) plan, EUR 13 105 company contributions to the Restoration and Deferral Plan, EUR 2 688
provided as benefit under Nokia’s relocation policy, EUR 12 977 for car allowance and EUR 3 753
for financial counseling.
(12) The change in pension value for Mr. Moerk was reduced by EUR 80 000. This represents the
change in Nokia’s liability in the retirement benefit at age of 62 provided under his service
contract.
(13) All other compensation for Mr. Moerk includes: EUR 245 434 provided as a benefit under Nokia’s
expatriate policy and EUR 24 468 for car allowance, financial counseling and Employee Stock
Purchase Plan benefit.
*None of the named executive officers participated in a formulated, nondiscretionary, incentive
plan. Annual incentive payments are included under the ‘‘Bonus’’ column.
** History has been provided for those data elements previously disclosed.
Equity Grants in 2006(1)
Option Awards Stock Awards
Number of Performance Performance
Shares Grant Grant Date Shares at Shares at Restricted Grant Date
Name and Principal Grant underlying Price Fair Value(2) Threshold Maximum Shares Fair Value(3)
Position Year Date Options (EUR) (EUR) (Number) (Number) (Number) (EUR)
Jorma Ollila
Chairman of the Board
and former CEO (CEO
until June 1) ********* 2006 May 5 400 000 18.02 1 349 229 100 000 400 000 100 000 4 666 937
OlliPekka Kallasvuo
President and CEO
(President and COO
until June 1) ********* 2006 May 5 300 000 18.02 1 011 922 75 000 300 000 100 000 3 668 604
Richard Simonson
EVP and Chief Financial
Officer ************* 2006 May 5 100 000 18.02 337 307 25 000 100 000 25 000 1 102 125
Anssi Vanjoki
EVP and General
Manager, Multimedia ** 2006 May 5 100 000 18.02 337 307 25 000 100 000 25 000 1 102 125
Mary McDowell
EVP and General
Manager, Enterprise
Solutions ************ 2006 May 5 100 000 18.02 337 307 25 000 100 000 25 000 1 102 125
Hallstein Moerk
EVP and Head of
Human Resources ***** 2006 May 5 60 000 18.02 202 384 15 000 60 000 15 000 661 275
91