Nokia 2012 Annual Report Download - page 171

(5) During 2012, the following executives stepped down from the Nokia Leadership Team: Jerri
DeVard, Colin Giles, Mary T. McDowell, Niklas Savander and Esko Aho. The information related
to stock options held for each former executive is as of the date of resignation from the Nokia
Leadership Team and is presented in the table below.
Stock
Option
Category
Expiration
Date
Exercise
Price
Share
(EUR)
Number of Stock
Options(1)
Total Intrinsic Value of
Stock Options
(EUR)(8)
Name Exercisable Unexercisable Exercisable(3) Unexercisable
Jerri DeVard (6)
as per June 30, 2012 .... 2011 2Q December 27, 2017 6.02 0 45 000 0 0
2011 3Q December 27, 2017 3.76 0 150 000 0 0
Colin Giles (7)
as per June 30, 2012 .... 2007 2Q December 31, 2012 18.39 18 000 0 0 0
2008 2Q December 31, 2013 19.16 9 375 625 0 0
2009 2Q December 31, 2014 11.18 13 750 6 250 0 0
2010 2Q December 31, 2015 8.86 10 936 14 064 0 0
2011 2Q December 27, 2017 6.02 0 45 000 0 0
2011 3Q December 27, 2017 3.76 0 150 000 0 0
Mary T. McDowell (7)
as per June 30, 2012 .... 2007 2Q December 31, 2012 18.39 55 000 0 0 0
2008 2Q December 31, 2013 19.16 26 250 1 750 0 0
2009 2Q December 31, 2014 11.18 37 809 17 191 0 0
2010 2Q December 31, 2015 8.86 26 250 33 750 0 0
2011 2Q December 27, 2017 6.02 0 70 000 0 0
2011 3Q December 27, 2017 3.76 0 200 000 0 0
2012 2Q December 27, 2018 2.44 0 150 000 0 0
Niklas Savander (7)
as per June 30, 2012 .... 2007 2Q December 31, 2012 18.39 32 000 0 0 0
2008 2Q December 31, 2013 19.16 26 250 1 750 0 0
2009 2Q December 31, 2014 11.18 37 809 17 191 0 0
2010 2Q December 31, 2015 8.86 26 250 33 750 0 0
2011 2Q December 27, 2017 6.02 0 70 000 0 0
2011 3Q December 27, 2017 3.76 0 200 000 0 0
2012 2Q December 27, 2018 2.44 0 180 000 0 0
Esko Aho (7)
as per August 31, 2012 . . 2009 2Q December 31, 2014 11.18 26 246 8 754 0 0
2010 2Q December 31, 2015 8.86 15 000 15 000 0 0
2011 2Q December 27, 2017 6.02 0 30 000 0 0
2011 3Q December 27, 2017 3.76 0 100 000 0 0
2012 2Q December 27, 2018 2.44 0 40 000 0 0
(6) Ms. DeVard’s equity will be forfeited and cancelled upon termination of employment in accordance
with the plan rules.
(7) Mr. Giles’, Ms. McDowell’s, Mr. Savander’s and Mr. Aho’s stock option grants were forfeited and
cancelled upon their respective terminations of employment in accordance with the plan rules.
(8) 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
June 29, 2012 of EUR 1.62 in respect of Ms. DeVard, Mr. Giles, Ms. McDowell and Mr. Savander
and as at August 31, 2012 of EUR 2.26 in respect of Mr. Aho.
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