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

At December 31, 2013 and 2012, the members of the Board of directors as of that date, held the following numbers of shares (or ADSs representing such shares):

Download XLS (16 kB)

 

Total number of shares held(1)

Name

December 31, 2013

December 31, 2012

(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

212,725

173,370

Roger Agnelli

165,533

160,672

Louis R. Hughes

70,425

63,928

Hans Ulrich Märki

428,176

410,192

Michel de Rosen

133,870

128,595

Michael Treschow

102,782

97,506

Jacob Wallenberg(1)

180,158

174,882

Ying Yeh

13,843

8,909

Total

1,307,512

1,218,054

At December 31, 2013 and 2012, the members of the Executive Committee, as of that date, held the following number of shares (or ADSs representing such shares), the conditional rights to receive ABB shares under the LTIP, options and/or warrants (either vested or unvested as indicated) under the MIP, and unvested shares in respect of other compensation arrangements:

Enlarge table
Download XLS (20 kB)

 

 

Vested at Dec. 31, 2013

Unvested at December 31, 2013

Name

Total number of shares held

Number of vested options and warrants 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 2011 retention component of the LTIP(2)

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

Retention shares deliverable under the 2013 retention component of the LTIP(2)

Shares deliverable under the one-time 2012 AIEP(2)

Replacement share grant for foregone benefits from former employer(3)

Special retention share grant(3)

 

 

 

(vesting 2014)

(vesting 2015)

(vesting 2014)

(vesting 2015)

(vesting 2016)

(vesting 2014)

(vesting 2016 and 2018)

(vesting 2015)

(1)

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

(2)

The LTIP foresees delivering 30 percent of the value of the vested retention shares in cash and the Acquisition Integration Execution Plan (AIEP) foresees delivering 30 percent of the value of the vested shares in cash. However, under both plans participants have the possibility to elect to receive 100 percent of the vested award in shares.

(3)

The Replacement share grant and the Special retention share grant foresee delivering 30 percent of the value of the vested shares in cash. However, under both plans participants have the possibility to elect to receive 100 percent of the vested award in shares.

(4)

Total number of shares held includes 32 shares held by children.

Ulrich Spiesshofer (appointed CEO as of September 15, 2013)

148,179

31,104

67,293

78,395

72,603

Eric Elzvik (joined the EC on February 1, 2013)

23,284

201,250

221,375

287,500

27,071

Jean-Christophe Deslarzes (joined ABB on November 15, 2013)

27,071

144,802

Diane de Saint Victor

201,707

26,359

38,673

31,848

66,380

150,000

Frank Duggan

26,389

422,215

21,326

35,289

25,632

62,232

Greg Scheu(4)

7,974

201,250

221,375

29,664

24,830

56,008

Pekka Tiitinen (joined the EC on September 15, 2013)

5,500

603,750

221,375

12,041

22,294

Tarak Mehta

24,670

24,211

35,289

25,632

60,572

Veli-Matti Reinikkala

137,388

18,517

37,223

9,810

63,891

Bernhard Jucker

154,050

27,753

45,924

37,033

78,827

Claudio Facchin (joined the EC on December 1, 2013)

1,883

11,458

17,598

22,294

Total Executive Committee members as of December 31, 2013

731,024

1,428,465

664,125

287,500

160,728

318,994

331,910

460,513

144,802

150,000

Enlarge table
Download XLS (20 kB)

 

 

Vested at Dec. 31, 2012

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 LTIP(2)

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

Retention shares deliverable under the 2012 retention component of the LTIP(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 LTIP 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

Furthermore, at December 31, 2013, the following members of the Executive Committee held vested WARs and conditionally granted ABB shares under the performance component of the LTIP 2013, 2012 and 2011, which at the time of vesting will be settled in cash.

Download XLS (17 kB)

 

Vested at Dec. 31, 2013

Unvested at December 31, 2013

Name

Number of fully vested WARs held under the MIP

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

Reference number of shares under the performance component of the 2012 launch of the LTIP

Reference number of shares under the performance component of the 2013 launch of the LTIP

 

 

(vesting 2014)

(vesting 2015)

(vesting 2016)

Ulrich Spiesshofer
(appointed CEO as of September 15, 2013)

15,460

22,588

50,024

Eric Elzvik
(joined the EC on February 1, 2013)

434,380

16,659

Jean-Christophe Deslarzes
(joined ABB on November 15, 2013)

16,659

Diane de Saint Victor

14,194

20,652

19,599

Frank Duggan

13,780

18,845

15,023

Greg Scheu

17,425

14,553

Pekka Tiitinen
(joined the EC on September 15, 2013)

6,950

13,720

Tarak Mehta

12,516

18,845

15,023

Veli-Matti Reinikkala

11,965

19,878

15,091

Bernhard Jucker

17,933

24,524

18,992

Claudio Facchin
(joined the EC on December 1, 2013)

675,000

7,639

10,665

13,720

Total Executive Committee members as of December 31, 2013

1,109,380

93,487

160,372

209,063

At December 31, 2012, the following members of the Executive Committee 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.

Download XLS (17 kB)

 

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

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

Reference number of shares under the performance component of the 2012 launch of LTIP

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 December 31, 2012

193,126

202,695

326,576

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, 2013 and 2012.

Other than as disclosed, at December 31, 2013 and 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.