Nokia 2008 Annual Report Download - page 118

Share Ownership of the Group Executive Board
The following table sets forth the share ownership, as well as potential ownership interest through
holding of equitybased incentives, of the members of the Group Executive Board as at December 31,
2008.
Shares
Shares
Receivable
Through Stock
Options
(3)
Shares
Receivable
Through
Performance
Shares at
Threshold
(4)
Shares
Receivable
Through
Performance
Shares at
Maximum
(5)
Shares
Receivable
Through
Restricted
Shares
Number of Equity Instruments Held
by Group Executive Board ...... 917451 2951337 743100 2650324 964500
% of the Share Capital
(1)
......... 0.0248 0.0798 0.0201 0.0717 0.0261
% of the Total Outstanding Equity
Incentives (per Instrument)
(2)
. . . — 12.769 8.644 7.886 11.982
(1)
The percentage is calculated in relation to the outstanding share capital and total voting rights of
the company, excluding shares held by Nokia Group.
(2)
The percentage is calculated in relation to the total outstanding equity incentives per instrument,
i.e., stock options, performance shares and restricted shares, as applicable.
(3)
Includes unexercised 2003 2Q Stock Options which expired December 31, 2008.
(4)
Due to the interim payout, the participants have already received the threshold number of shares
under the 2005 performance share plan. Therefore, the shares receivable at threshold under the
2005 performance share plan equals to zero.
(5)
Due to the interim payout (at threshold) in 2007 and based on the actual level of the performance
criteria for the performance period, the number of Nokia shares deliverable under the
performance share plan 2005 equals 2.12 times the number of performance shares at threshold.
The number of Nokia shares deliverable under the performance share plan 2006 equals 1.98 times
the number of performance shares at threshold, based on the actual level of performance criteria
for the relevant performance period. At maximum performance under the performance share
plans 2007 and 2008, the number of Nokia shares deliverable equals four times the number of
performance shares at threshold.
The following table sets forth the number of shares and ADSs in Nokia (not including stock options or
other equity awards that are deemed as being beneficially owned under the applicable SEC rules) held
by members of the Group Executive Board as at December 31, 2008.
Shares ADSs
OlliPekka Kallasvuo .................................................. 223024 —
Robert Andersson .................................................... 47244 —
Simon BeresfordWylie . . .............................................. 45685 —
Timo Ihamuotila ..................................................... 41445 —
Mary McDowell ...................................................... 63325 5000
Hallstein Moerk ...................................................... 38400 4315
Tero Ojanpera
¨....................................................... 33665 —
Niklas Savander ..................................................... 45523 —
Richard Simonson .................................................... 90760 28196
Veli Sundba
¨ck....................................................... 148047 —
Anssi Vanjoki........................................................ 74262 —
Kai O
¨ista
¨mo ¨......................................................... 28560 —
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