Nokia 2012 Annual Report Download - page 167

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Share Ownership of the Board of Directors
At December 31, 2012, the members of our Board of Directors held the aggregate of 2 125 654 shares
and ADSs in Nokia, which represented 0.06% of our outstanding shares and total voting rights
excluding shares held by Nokia Group at that date.
The following table sets forth the number of shares and ADSs held by the members of the Board of
Directors as at December 31, 2012.
Name(1) Shares(2) ADSs(2)
Risto Siilasmaa ...................................... 732592
Marjorie Scardino .................................... — 67362
Bruce Brown ........................................ — 42850
Stephen Elop ........................................ — 425000
Henning Kagermann .................................. 187977
Jouko Karvinen ...................................... 34279
Helge Lund .......................................... 46596
Isabel Marey-Semper ................................. 43734
Mårten Mickos ....................................... 88350
Elizabeth Nelson ..................................... 56554
Kari Stadigh ......................................... 400000
(1) Bengt Holmström did not stand for re-election in the Annual General Meeting held on May 3, 2012
and he held 41 981 shares at that time. Per Karlsson did not stand for re-election in the Annual
General Meeting held on May 3, 2012 and he held 48 113 shares at that time. Per Karlsson’s
holdings included both shares held personally and shares held through a company. Jorma Ollila
did not stand for re-election in the Annual General Meeting held on May 3, 2012 and he held
791 284 shares at that time.
(2) The number of shares or ADSs includes not only shares or ADSs received as director
compensation, but also shares or ADSs acquired by any other means. Stock options or other
equity awards that are deemed as being beneficially owned under the applicable SEC rules are
not included. For the number of shares or ADSs received as director compensation, see Note 31
to our consolidated financial statements included in Item 18 of this annual report.
Share Ownership of the Nokia Leadership Team
The following table sets forth the share ownership, as well as potential ownership interest through the
holding of equity-based incentives, of the members of the Nokia Leadership Team as at December 31,
2012.
Shares
Shares
Receivable
Through Stock
Options
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 Nokia Leadership Team(1) ....... 983866 5686250 1379750
(6) 5 519 000(6) 2 772 500
% of the outstanding shares(2) ...... 0.027 0.153 0.037 0.149 0.075
% of the total outstanding equity
incentives (per instrument)(3) ....... 22.11 16.09 16.09 11.71
(1) Includes 12 Nokia Leadership Team members at year end. Figures do not include those former
Nokia Leadership Team members who left during 2012.
166