Mercedes 2002 Annual Report Download - page 148

Download and view the complete annual report

Please find page 148 of the 2002 Mercedes annual report below. You can navigate through the pages in the report by either clicking on the pages listed below, or by using the keyword search tool below to find specific information within the annual report.

Page out of 166

  • 1
  • 2
  • 3
  • 4
  • 5
  • 6
  • 7
  • 8
  • 9
  • 10
  • 11
  • 12
  • 13
  • 14
  • 15
  • 16
  • 17
  • 18
  • 19
  • 20
  • 21
  • 22
  • 23
  • 24
  • 25
  • 26
  • 27
  • 28
  • 29
  • 30
  • 31
  • 32
  • 33
  • 34
  • 35
  • 36
  • 37
  • 38
  • 39
  • 40
  • 41
  • 42
  • 43
  • 44
  • 45
  • 46
  • 47
  • 48
  • 49
  • 50
  • 51
  • 52
  • 53
  • 54
  • 55
  • 56
  • 57
  • 58
  • 59
  • 60
  • 61
  • 62
  • 63
  • 64
  • 65
  • 66
  • 67
  • 68
  • 69
  • 70
  • 71
  • 72
  • 73
  • 74
  • 75
  • 76
  • 77
  • 78
  • 79
  • 80
  • 81
  • 82
  • 83
  • 84
  • 85
  • 86
  • 87
  • 88
  • 89
  • 90
  • 91
  • 92
  • 93
  • 94
  • 95
  • 96
  • 97
  • 98
  • 99
  • 100
  • 101
  • 102
  • 103
  • 104
  • 105
  • 106
  • 107
  • 108
  • 109
  • 110
  • 111
  • 112
  • 113
  • 114
  • 115
  • 116
  • 117
  • 118
  • 119
  • 120
  • 121
  • 122
  • 123
  • 124
  • 125
  • 126
  • 127
  • 128
  • 129
  • 130
  • 131
  • 132
  • 133
  • 134
  • 135
  • 136
  • 137
  • 138
  • 139
  • 140
  • 141
  • 142
  • 143
  • 144
  • 145
  • 146
  • 147
  • 148
  • 149
  • 150
  • 151
  • 152
  • 153
  • 154
  • 155
  • 156
  • 157
  • 158
  • 159
  • 160
  • 161
  • 162
  • 163
  • 164
  • 165
  • 166

142 |Other Notes
37. Compensation and share ownership of the members
of the Board of Management and the Supervisory Board
and further additional information concerning German
Corporate Governance Code
Remuneration – The total remuneration paid by Group com-
panies to the members of the Board of Management of Daimler-
Chrysler AG are calculated from the amount of compensation
paid in cash and from the non-cash benefits in kind. The total
remuneration in 2002 for the members of the Board of Man-
agement of DaimlerChrysler AG amount to 150.8 million,
of which 113.4 million is fixed and 137.4 million is short-term
and mid-term incentive remuneration components. In 2002,
no compensation resulted from long-term incentive remunera-
tion components.
Members of the Supervisory Board as well as their spouses
and first-grade relatives exercised no transactions of ordinary
shares, options and derivatives of DaimlerChrysler AG and
Group related companies1in the second half of 2002, which
are to be published.
Share Ownership – As of December 31, 2002, the current
members of the Board of Management and the members of
the Supervisory Board as a group owned 9.6 million Ordinary
Shares, options or derivatives (SAR) of DaimlerChrysler AG
(0.95% of all outstanding shares).
Transactions with Related Parties – For transactions with
shareholders, please see last paragraph of Note 36.
1at the present time: EADS and Maschinenfabrik Esslingen AG
In 2002, 3.03 million stock options from the Stock Option
Plan 2000 were granted to members of the Board of Manage-
ment as a long-term remuneration component. Also in 2002,
476,500 performance-based awards were granted to the
members of the Board of Management based on a 3 year per-
formance plan. For detailed information on stock based
compensation programs, see Note 24.
The remuneration paid in 2002 to the members of the
Supervisory Board of DaimlerChrysler AG for services in all
capacities to the Group amounted 12.5 million.
Directors’ Dealings – Transactions of ordinary shares, options
and derivatives of DaimlerChrysler AG and Group related com-
panies1, exercised by members of the Board of Management
as well as by their spouses and first-grade relatives since July 1,
2002, which are to be published according to Article 15a of the
German Securities Trading Act, are listed below:
Dr. Dieter Zetsche
Prof. Klaus-Dieter Vöhringer
Prof. Klaus-Dieter Vöhringer
Prof. Klaus-Dieter Vöhringer
Prof. Klaus-Dieter Vöhringer
Share
Share
Share
Share
Share
12.60
12.60
12.60
12.60
12.60
4,255
1,000
1,000
2,000
1,000
7/3/2002
9/4/2002
9/19/2002
9/25/2002
10/9/2002
46.93
39.50
37.90
34.92
31.90
DCAG
DCAG
DCAG
DCAG
DCAG
Name Company
Purchase
Purchase
Purchase
Purchase
Purchase
Title
(Security or
Right)
Nominal
Amount
Number
of Units
Price
in 3
Date of
Transaction
Type of Trans-
action