Nokia 2009 Annual Report Download - page 147

Name
Stock Option
Category
Expiration
Date
Exercise
Price
per
Share
(EUR) Exercisable Unexercisable Exercisable
(3)
Unexercisable
Number of Stock Options
(1)
Total Intrinsic Value of
Stock Options,
December 31, 2009
(EUR)
(2)
Kai O
¨ista
¨mo ¨................. 2004 2Q December 31, 2009 11.79 0 0 0 0
2005 2Q December 31, 2010 12.79 7 200 0 0 0
2005 4Q December 31, 2010 14.48 17 500 1 750 0 0
2006 2Q December 31, 2011 18.02 81 250 18 750 0 0
2007 2Q December 31, 2012 18.39 30 935 24 065 0 0
2008 2Q December 31, 2013 19.16 10 000 22 000 0 0
2009 2Q December 31, 2014 11.18 0 60 000 0 0
Stock options held by the members
of the Group Executive Board
Total
(4)
.................. 1688537 1343873 0 3200
All outstanding stock option plans
(global plans), Total . . ........ 12844453 9911056 0 6099
(1)
Number of stock options equals the number of underlying shares represented by the option
entitlement. Stock options vest over four years: 25% after one year and 6.25% each quarter
thereafter.
(2)
The intrinsic 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 NASDAQ OMX Helsinki as at
December 30, 2009 of EUR 8.92.
(3)
For gains realized upon exercise of stock options for the members of the Group Executive Board,
see the table in “—Stock Option Exercises and Settlement of Shares” below.
(4)
Mr. Andersson left the Group Executive Board as of September 30, 2009 to head Nokia Corporate
Alliances and Business Development. Mr. BeresfordWylie left the Group Executive Board as of
September 30, 2009 and ceased employment with Nokia Siemens Networks on November 1,
2009. From April 1, 2007, Mr. BeresfordWylie has participated in a longterm cash incentive plan
sponsored by Nokia Siemens Networks instead of the longterm equitybased plans of Nokia. The
information related to stock options held and retained by Mr. Andersson and Mr. BeresfordWylie
as of the date of resignation from the Group Executive Board is presented in the table below.
Name
Stock Option
Category
Expiration
Date
Exercise
Price
Share
(EUR) Exercisable Unexercisable Exercisable
(3)
Unexercisable
Number of Stock Options
(1)
Total Intrinsic Value of
Stock Options,
(EUR)
(7)
Robert Andersson
(5)
(as per
September 30, 2009) . ......... 2004 2Q December 31, 2009 11.79 0 0 0 0
2005 2Q December 31, 2010 12.79 12 000 0 0 0
2005 4Q December 31, 2010 14.48 24 500 3 500 0 0
2006 2Q December 31, 2011 18.02 35 000 20 000 0 0
2007 2Q December 31, 2012 18.39 16 000 16 000 0 0
2008 2Q December 31, 2013 19.16 5 000 15 000 0 0
2009 2Q December 31, 2014 11.18 0 5 000 0 0
Simon BeresfordWylie
(6)
(as per
September 30, 2009) . ......... 2004 2Q December 31, 2009 11.79 0 0 0 0
2005 2Q December 31, 2010 12.79 54 000 0 0 0
2006 2Q December 31, 2011 18.02 75 000 6 250 0 0
(5)
Mr. Andersson remained with Nokia and thus is entitled to retain all vested and unvested stock
options granted to him prior to leaving the Group Executive Board as of September 30, 2009.
(6)
Mr. BeresfordWylie’s stock option grants were forfeited upon termination of employment in
accordance with the plan rules.
(7)
The intrinsic 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 NASDAQ OMX Helsinki as at
September 30, 2009 of EUR 10.05.
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