ING Direct 2008 Annual Report Download - page 81

ING Group Annual Report 2008
79
Information on the options outstanding and the movements during the financial year of options held
by the members of the Executive Board as at 31 December 2008 (continued)
number of options
Outstanding
as at
31 December
2007
Granted
in 2008
Exercised
in 2008
Waived or
expired in
2008
Outstanding
as at
31 December
2008
Exercise
price in
Euros
Exercise
price in
US dollars Expiry date
Hans van der Noordaa 13,125 13,125 29.39 11 Mar 2012
8,900 8,900 12.65 3 Mar 2013
6,000 6,000 18.71 15 Mar 2014
15,000 15,000 23.28 30 Mar 2015
11,195 11,195 32.77 23 Mar 2016
46,802 46,802 33.10 17 May 2017
64,967 64,967 25.44 15 May 2018
Koos Timmermans 10,500 10,500 29.39 11 Mar 2012
6,000 6,000 18.71 15 Mar 2014
8,800 8,800 23.28 30 Mar 2015
6,530 6,530 32.77 23 Mar 2016
35,443 35,443 32.19 22 Mar 2017
43,312 43,312 25.44 15 May 2018
15,876 15,876 18.70 17 Sept 2018
Jacques de Vaucleroy 7,000 7,000 26.10 28 May 2009
20,000 20,000 28.30 3 Apr 2010
7,63 4 7,634 13.70 3 Mar 2013
61,110 61,110 18.71 15 Mar 2014
114,950 114,950 23.28 30 Mar 2015
100,352 100,352 32.77 23 Mar 2016
70,657 70,657 33.10 17 May 2017
64,967 64,967 25.44 15 May 2018
(1) Waived at vesting date or expired at expiry date.
Pension costs
The table below shows the pension costs of the individual
members of the Executive Board.
Pension costs of the individual members of the Executive Board (1)
amounts in thousands of euros 2008 2007 2006
Michel Tilmant 971 874 689 (1) For reasons of comparison, the company pension expenses are recalculated under IAS 19
with general assumption setting for 2006 to 2008.
(2) Dick Harryvan, Tom McInerney, Hans van der Noordaa and Jacques de Vaucleroy were
appointed to the Executive Board on 25 April 2006. The figures for these members
reflect pension costs in their capacity as Executive Board members.
(3) John Hele and Koos Timmermans were appointed to the Executive Board on 24 April
2007. The figures for these members reflect pension costs in their capacity as Executive
Board members.
(4) John Hele’s and Tom McInerney’s pension costs have been translated from US dollars to
euros at the average exchange rate for that year.
Eric Boyer de la Giroday 639 566 439
Dick Harryvan (2) 374 324 206
John Hele (3) (4) 125 72
Eli Leenaars 313 348 270
Tom McInerney (2) (4) 285 286 297
Hans van der Noordaa (2) 313 267 170
Koos Timmermans (3) 247 166
Jacques de Vaucleroy (2) 313 267 170
Pension costs of former members of the Executive Board who
are not included in the above table amounted to nil in 2008, to
EUR 1,386 thousand in 2007, and to EUR 4,954 thousand in 2006.