TomTom 2013 Annual Report Download - page 59

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Other remuneration related expenses
(in €) Share-based
expenses1
Other short-term
expenses2
Total including Other and
Direct remuneration
2013
Harold Goddijn –47,138 131,389 1,005,851
Marina Wyatt –47,138 42,988 789,021
Alain De Taeye –45,474 79,824 782,250
–139,750 254,201 2,577,122
2012
Harold Goddijn 278,744 45,239 905,983
Marina Wyatt 278,744 36,244 931,628
Alain De Taeye 278,744 66,599 944,443
836,232 148,082 2,782,054
1The gain in the share-based expenses results from the forfeiture of the 2011 share options. Following this forfeiture, the costs incurred in previous periods have been reversed.
2Other short-term expenses in 2013 and in 2012 included the expenses incurred in relation to the crisis levy imposed by the Dutch government amounting to €123 thousand (2012: €37 thousand) for Mr Harold
Goddijn, €72 thousand (2012: €58 thousand) for Mr Alain De Taeye and €14 thousand for Mrs Marina Wyatt (2012: nil). Although these expenses do not represent actual benefits paid to Management Board,
they have been included, as the expenses incurred are in relation to the employment of the Management Board.
The share-based awards scheme is set out in the Management Board Stock Option Plan 2009 as amended in the 2011 AGM. In May 2013,
each of the Management Board members were granted 155,000 new stock options under this plan. The following tables summarise
information about stock options granted to members of the Management Board.
Board member Year of grant Outstanding
Jan 1, 2013
Granted in
2013
Expired in
2013
Forfeited in
20131
Outstanding
Dec 31, 2013
Exercise
price
Expiry date
Harold Goddijn 2009 181,500 181,500 5.71 16-06-16
2010 150,000 150,000 5.32 12-05-17
2011 150,000 150,000 0 6.10 09-05-18
2012 175,000 175,000 3.51 09-05-19
2013 155,000 155,000 3.53 08-05-20
Marina Wyatt 2006 542,685 542,685 0 28.07 09-11-13
2009 181,500 181,500 5.71 16-06-16
2010 150,000 150,000 5.32 12-05-17
2011 150,000 150,000 0 6.10 09-05-18
2012 175,000 175,000 3.51 09-05-19
2013 155,000 155,000 3.53 08-05-20
Alain De Taeye 2009 181,500 181,500 5.71 16-06-16
2010 150,000 150,000 5.32 12-05-17
2011 150,000 150,000 0 6.10 09-05-18
2012 175,000 175,000 3.51 09-05-19
2013 155,000 155,000 3.36 08-05-20
TOTAL 2,512,185 465,000 542,685 450,000 1,984,500
1The options granted in 2012 and 2013 are conditional upon fulfillment of certain (performance) vesting conditions, hence they are not yet vested. As the vesting conditions for the options granted in 2011 were
not met, those options were forfeited.
For a description of the stock option plans, reference is made to note 22 - Share-based compensation.
Notes to the Consolidated Financial Statements / Continued
ANNUAL REPORT AND ACCOUNTS 2013 / 59