Nokia 2012 Annual Report Download - page 175

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Stock Option Exercises and Settlement of Shares
The following table provides certain information relating to stock option exercises and share deliveries
upon settlement during the year 2012 for our Nokia Leadership Team members.
Stock Options
Awards(1)
Performance Shares
Awards(2)
Restricted Shares
Awards
Name(5)
Number of
Shares
Acquired on
Exercise
Value
Realized on
Exercise
(EUR)
Number of
Shares
Delivered on
Vesting
Value
Realized
on
Vesting (EUR)
Number of
Shares
Delivered on
Vesting
Value
Realized on
Vesting
(EUR)
Stephen Elop ....... 0 0 0 0 0 0
Marko Ahtisaari ..... 0 0 0 0 0 0
Michael Halbherr .... 0 0 0 0 9000
(3) 37 980(3)
Jo Harlow .......... 0 0 0 0 6000
(3) 25 320(3)
Timo Ihamuotila ..... 0 0 0 0 25000
(4) 69 750(4)
Louise Pentland ..... 0 0 0 0 6000
(4) 16 740(4)
Juha Putkiranta ..... 0 0 0 0 10000
(3) 42 200(3)
Henry Tirri .......... 0 0 0 0 10000
(3) 42 200(3)
Timo Toikkanen ..... 0 0 0 0 10000
(3) 42 200(3)
Chris Weber ........ 0 0 0 0 0 0
Juha Äkräs ......... 0 0 0 0 8000
(3) 33 760(3)
Kai Öistämö ........ 0 0 0 0 50000
(4) 139 500(4)
(1) Value realized on exercise is based on the difference between the Nokia share price and exercise
price of options.
(2) No Nokia shares were delivered under the Performance Share Plan 2009 during 2012 as Nokia’s
performance did not reach the threshold level of either performance criteria.
(3) Represents the delivery of Nokia shares vested from the Restricted Share Plan 2008. Value is
based on the average market price of the Nokia share on NASDAQ OMX Helsinki on February 22,
2012 of EUR 4.22
(4) Represents the delivery of Nokia shares vested from the Restricted Share Plan 2009. Value is
based on the average market price of the Nokia share on NASDAQ OMX Helsinki on April 25,
2012 of EUR 2.79.
(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
regarding stock option exercises and settlement of shares regarding each of the former executives
is as of the date of resignation from the Nokia Leadership Team and is represented in the table
below.
Stock Options
Awards(1) Performance Shares Awards(2) Restricted Shares Awards
Name
Number of
Shares
Acquired on
Exercise
Value
Realized on
Exercise
(EUR)
Number of
Shares
Delivered
on
Vesting
Value
Realized
on
Vesting (EUR)
Number of
Shares
Delivered on
Vesting
Value
Realized on
Vesting
(EUR)
Jerri DeVard
as per June 30, 2012 ........ 0 0 0 0 0 0
Colin Giles
as per June 30, 2012 ........ 0 0 0 0 10000
(3) 42 200(3)
Mary T. McDowell
as per June 30, 2012 ........ 0 0 0 0 38000
(4) 106 020(4)
Niklas Savander
as per June 30, 2012 ........ 0 0 0 0 38000
(4) 106 020(4)
Esko Aho
as per August 31, 2012 ...... 7 000(3) 29 540(3)
0 0 0 0 25 000(4) 69 750(4)
174