ABB shareholdings of members of the Board and EC

As of December 31, 2012, the members of our Board and EC owned less than 1 percent of ABB’s total shares outstanding.

Board ownership of ABB shares and options

The table below shows the number of ABB shares held by each Board member:

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Total number of shares held

Name

Dec. 31, 2012

Dec. 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

Except as described in this section, no member of the Board and no person closely linked to a member of the Board held any shares of ABB or options in ABB shares.

EC ownership of ABB shares and options

As of December 31, 2012, EC members held ABB shares (or ADSs representing such shares), the conditional rights to receive shares under the LTIP, options (either vested or unvested as indicated) under the MIP and unvested shares in respect of other compensation arrangements, as shown in the table below:

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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 current Executive Committee members

1,534,474

1,367,700

201,250

221,375

293,739

339,996

554,810

625,220

189,682

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

Except as described in this section, at December 31, 2012, no member of the EC and no person closely linked to a member of the EC held any shares of ABB or options in ABB shares. For comparative information about share and option ownership of EC members in 2011, see Note 12 to the ABB Ltd statutory financial statements.

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Name

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 the performance component of the 2012 launch of LTI Plan

 

(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