ABB Annual Report 2012 PDF - ABB Group Annual Report 2012

6.2 EC ownership of ABB sharesand optionsAs of December 31, 2012, EC members held ABB shares(or ADSs representing such shares), the conditional rights toreceive shares under the LTIP, options (either vested orunvested as indicated) under the MIP and unvested sharesin respect of other compensation arrangements, as shownin the table below:Unvested at December 31, 2012NameTotal number of shares heldNumber of vested optionsheld under the MIP (1)Number of unvested optionsheld under the MIP (1)(vesting2013)Number of unvested optionsheld under the MIP (1)(vesting2014)Retention sharesdeliv erable under the 2010re tention com ponent ofthe LTI Plan (2)(vesting2013)Retention sharesdeliv erable under the 2011re tention com ponent ofthe LTI Plan (2)(vesting2014)Retention sharesdeliv erable under the 2012re tention com ponent ofthe LTI Plan (2)(vesting2015)Shares deliverable underthe one-time 2012 AIEP (3)(vesting2014)Number of shares grantedin respect of sign-on bonus(vestingJoe Hogan 255,046 – – – 87,841 99,371 148,249 – 189,682Michel Demaré (4) 397,772 – – – 41,609 40,450 – – –Gary Steel 219,365 – – – 23,140 23,517 35,377 66,795 –Ulrich Spiesshofer 164,191 – – – 23,440 31,104 67,293 72,603 –Diane de Saint Victor 179,189 – – – 21,938 26,359 38,673 66,380 –Bernhard Jucker 134,118 – – – 27,647 27,753 45,924 78,827 –Veli-Matti Reinikkala 122,763 – – – 20,065 18,517 37,223 63,891 –Brice Koch 30,424 – – – 21,036 27,388 51,066 68,870 –Tarak Mehta 15,771 190,850 – – 12,714 24,211 35,289 60,572 –Frank Duggan 15,803 631,930 – – 14,309 21,326 35,289 62,232 –Greg Scheu(joined on May 1, 2012) 32 544,920 201,250 221,375 – – 29,664 56,008 –Prith Banerjee (joinedABB on May 7, 2012) – – – – – – 30,763 29,042 –Total ExecutiveCommittee members asof December 31, 2012 1,534,474 1,367,700 201,250 221,375 293,739 339,996 554,810 625,220 189,682Options may be sold or exercised/converted into shares at the ratio of 5 options for 1 share.The LTI Plan foresees to deliver 30 percent of the value of the vested retention shares in cash, but participants have the possibility to elect to receive 100 percentof the vested award in shares.The AIEP foresees to deliver 30 percent of the value of the vested shares in cash, but participants have the possibility to elect to receive 100 percent of the vested award in shares.The actual number of shares to be delivered could be increased up to a total maximum amount of 768,286 shares.Total number of shares held includes 4,500 shares held jointly with spouse.(1)(2)(3)(4)2013)40 Remuneration report | ABB Annual Report 2012