Nokia 2011 Annual Report Download - page 165

(10) All other compensation for Ms. McDowell in 2011 includes: EUR 221 792 provided under Nokia’s
international assignment policy in the UK, EUR 15 524 for car allowance and EUR 12 201
company contributions to the 401(k) Plan.
(11) All other compensation for Ms. DeVard in 2011 includes: EUR 251 176 provided under Nokia’s
international assignment policy in the UK, EUR 12 388 for car allowance, EUR 12 201 company
contributions to the 401(k) Plan and EUR 9 100 accrued US-related benefits.
(12) All other compensation for Mr. Savander in 2011 includes: EUR 20 509 for car allowance and EUR
1 396 taxable benefit for premiums paid under supplemental medical and disability insurance and
for mobile phone and driver.
(13) All other compensation for Mr. Ojanperä in 2011 includes: EUR 1 083 839 for severance
compensation, EUR 1 354 taxable benefit for premiums paid under supplemental medical and
disability insurance and for mobile phone and driver, EUR 370 for medical-related benefits and
EUR 150 for service award.
(14) All other compensation for Mr. Green in 2011 includes: EUR 652 438 for severance compensation,
EUR 26 495 for accrued vacation time and EUR 5 435 for company contributions to the 401(k) Plan.
(15) Mr. Green’s and Mr. Ojanperä’s equity grants were forfeited and cancelled upon their respective
terminations of employment in accordance with plan rules.
Equity Grants in 2011(1)
Option Awards Stock Awards
Name and Principal
Position Year
Grant
Date
Number of
Shares
underlying
Options
Grant
Price
(EUR)
Grant Date
Fair Value(2)
(EUR)
Performance
Shares at
Threshold
(Number)
Performance
Shares at
Maximum
(Number)
Restricted
Shares
(Number)
Grant Date
Fair Value(3)
(EUR)
Stephen Elop,
President and CEO ......2011 Mar. 11 250 000(4) 750 000(4) 2 033 572(5)
2011 May 13 250 000 6.02 252 745 125 000 500 000 180 000 1 718 824
2011 Aug. 5 500 000 3.76 286 698
Timo Ihamuotila,
EVP, Chief Financial
Officer .................2011 May 13 70 000 6.02 70 769 35 000 140 000 50 000 479 493
2011 Aug. 5 200 000 3.76 114 679
Mary T. McDowell,
EVP, Mobile Phones ..... 2011 May 13 70 000 6.02 70 769 35 000 140 000 50 000 479 493
2011 Aug. 5 200 000 3.76 114 679
Jerri DeVard,
EVP, Chief Marketing
Officer .................2011 May 13 45 000 6.02 45 494 22 500 90 000 100 000 609 789
2011 Aug. 5 150 000 3.76 86 009
Niklas Savander,
EVP, Markets .......... 2011 May 13 70 000 6.02 70 769 35 000 140 000 50 000 479 493
2011 Aug. 5 200 000 3.76 114 679
Tero Ojanperä, EVP,
Services and Developer
Experience, until
September 30, 2011(6) . . . 2011 May 13 30 000 6.02 30 329 15 000 60 000 23 000 212 480
Richard Green, EVP,
Chief Technology Officer,
until September 21,
2011(6) ................2011 May 13 45 000 6.02 45 494 22 500 90 000 35 000 320 942
(1) Including all equity awards made during 2011. Awards were made under the Nokia Stock Option
Plan 2011, the Nokia Performance Share Plan 2011 and the Nokia Restricted Share Plan 2011.
The table includes also the award made under the one-time special CEO incentive program.
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