Note 12 Share ownership of ABB by Board members and members of the Executive Committee

At December 31, 2012 and 2011, the members of the Board of directors as of that date, held the following numbers of shares (or ADSs representing such shares):

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Total number of shares held(1)

Name

December 31, 2012

December 31, 2011

(1)

Share amounts provided in this section do not include the shares beneficially owned by Investor AB, of which Mr. Wallenberg is chairman

Hubertus von Grünberg

173,370

127,387

Roger Agnelli

160,672

154,992

Louis R. Hughes

63,928

56,337

Hans Ulrich Märki

410,192

389,179

Michel de Rosen

128,595

120,108

Michael Treschow

97,506

91,741

Jacob Wallenberg(1)

174,882

169,202

Ying Yeh

8,909

3,197

Total

1,218,054

1,112,143

At December 31, 2012 and 2011, the members of the Executive Committee, as of that date, held the following numbers of shares (or ADSs representing such shares), the conditional rights to receive ABB shares under the LTI Plan, options (either vested or unvested as indicated) under the MIP and unvested shares in respect of other compensation arrangements:

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Unvested at December 31, 2012

Name

Total number of shares held

Number of vested options
held under the MIP(1)

Number of unvested options
held under the MIP(1)

Number of unvested options
held under the MIP(1)

Retention shares deliverable under the 2010 retention component of the LTI Plan(2)

Retention shares deliverable under the 2011 retention component of the LTI Plan(2)

Retention shares deliverable under the 2012 retention component of the LTI Plan(2)

Shares deliverable under the one-time 2012 AIEP(3)

Number of shares granted in respect of sign-on bonus

 

 

 

(vesting
2013)

(vesting
2014)

(vesting
2013)

(vesting
2014)

(vesting
2015)

(vesting
2014)

(vesting
2013)

(1)

Options may be sold or exercised/converted into shares at the ratio of 5 options for 1 share.

(2)

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 percent of the vested award in shares.

(3)

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.

(4)

Total number of shares held includes 4,500 shares held jointly with spouse.

Joe Hogan

255,046

87,841

99,371

148,249

189,682

Michel 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 (joined ABB on May 7, 2012)

30,763

29,042

Total Executive Committee members as of December 31, 2012

1,534,474

1,367,700

201,250

221,375

293,739

339,996

554,810

625,220

189,682

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Unvested at December 31, 2011

Name

Total number of shares held(1)

Number of options held under the MIP(2)

Number of unvested options held under the
MIP(2)

Maximum number of conditionally granted shares under the 2009 launch of the LTI Plan(3)

Number of matching shares deliverable under the 2009 co-investment portion of the LTI Plan(3)

Retention shares deliverable under the 2010 retention component of the LTI Plan(3)

Retention shares deliverable under the 2011 retention component of the LTI Plan(3)

Number of shares granted in respect of sign-on bonus(3)

 

 

 

(vesting
2012)

(vesting
2012)

(vesting
2012)

(vesting
2013)

(vesting
2014)

(vesting
2013)

(1)

Includes shares deposited as match for the co-investment portion of the 2009 LTI Plan. These shares may be sold/transferred but then the corresponding number of co-investment shares would be forfeited.

(2)

Options may be sold or exercised/converted into shares at the ratio of 5 options for 1 share.

(3)

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 percent of the vested award in shares.

(4)

Total number of shares held includes 4,500 shares held jointly with spouse.

Joe Hogan

223,546

268,362

45,000

87,841

99,371

189,682

Michel Demaré(4)

373,935

127,119

34,054

41,609

40,450

Gary Steel

206,902

67,974

16,919

23,140

23,517

Ulrich Spiesshofer

152,889

64,443

16,147

23,440

31,104

Diane de Saint Victor

167,186

64,443

16,262

21,938

26,359

Bernhard Jucker

120,485

81,215

18,590

27,647

27,753

Peter Leupp

125,113

67,974

13,917

23,140

Veli-Matti Reinikkala

106,522

63,320

16,174

20,065

18,517

Brice Koch

30,424

42,408

21,036

27,388

Tarak Mehta

11,868

190,850

37,467

5,576

12,714

24,211

Frank Duggan

15,130

419,430

212,500

14,309

21,326

Total Executive Committee members as of December 31, 2011

1,534,000

610,280

212,500

884,725

182,639

316,879

339,996

189,682

Furthermore, at December 31, 2012, the following members of the Executive Committee held conditionally granted ABB shares under the performance component of the LTIP 2010, 2011 and 2012, which at the time of vesting will be settled in cash.

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Maximum number of conditionally granted shares under the performance component of the 2010 launch of LTI Plan

Maximum number of conditionally granted shares under the performance component of the 2011 launch of LTI Plan

Reference number of shares under the performance component of the 2012 launch of LTI Plan

Name

(vesting 2013)

(vesting 2014)

(vesting 2015)

Joe Hogan

58,854

60,526

123,541

Michel Demaré

27,740

26,967

Gary Steel

14,952

15,196

20,781

Ulrich Spiesshofer

15,146

15,460

22,588

Diane de Saint Victor

14,175

14,194

20,652

Bernhard Jucker

17,865

17,933

24,524

Veli-Matti Reinikkala

12,965

11,965

19,878

Brice Koch

13,593

14,158

21,426

Tarak Mehta

8,392

12,516

18,845

Frank Duggan

9,444

13,780

18,845

Greg Scheu
(joined on May 1, 2012)

17,425

Prith Banerjee
(joined ABB on May 7, 2012)

18,071

Total Executive Committee members as of Dec. 31, 2012

193,126

202,695

326,576

As of December 31, 2011, the following members of the Executive Committee held conditionally granted ABB shares under the performance component of the LTI Plan 2010, 2011 and warrant appreciation rights (WARs):

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Maximum number of conditionally granted shares under the performance component of the 2010 launch of LTI Plan

Maximum number of conditionally granted shares under the performance component of the 2011 launch of LTI Plan

Number of fully vested WARs held under the MIP

Name

(vesting 2013)

(vesting 2014)

 

Joe Hogan

58,854

60,526

Michel Demaré

27,740

26,967

Gary Steel

14,952

15,196

Ulrich Spiesshofer

15,146

15,460

Diane de Saint Victor

14,175

14,194

Bernhard Jucker

17,865

17,933

Peter Leupp

14,952

375,000

Veli-Matti Reinikkala

12,965

11,965

Brice Koch

13,593

14,158

Tarak Mehta

8,392

12,516

Frank Duggan

9,444

13,780

375,000

Total Executive Committee members as of Dec. 31, 2011

208,078

202,695

750,000

The members of the Board of directors and Executive Committee owned less than 1 percent of the Company’s total shares outstanding at December 31, 2012 and 2011.

Other than as disclosed, at December 31, 2012, no party related to any member of the Board of directors or Executive Committee held any shares of ABB or options in ABB shares.