Note 11 Shareholdings of Board and Executive Committee

At December 31, 2015 and 2014, the members of the Board of directors as of that date, held the following numbers of shares (or ADSs representing such shares):

 

Total number of shares held at December 31

Name

2015

2014

(1)

Peter Voser and David Constable were elected to the Board at the ABB Ltd AGM in 2015.

(2)

Includes 2000 shares held by his spouse.

(3)

Hubertus von Grünberg and Michael Treschow left the Board at the end of the 2014/2015 term of office.

(4)

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

Peter Voser(1),(2)

45,559

N/A

Hubertus von Grünberg(3)

N/A

253,264

Jacob Wallenberg(4)

193,659

185,708

Roger Agnelli

176,820

170,671

Matti Alahuhta

24,788

17,912

David Constable(1)

3,229

N/A

Louis R. Hughes

80,562

72,742

Michel de Rosen

146,646

139,602

Michael Treschow(3)

N/A

108,787

Ying Yeh

25,016

18,970

Total

696,279

967,656

At December 31, 2015, 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 and options (either vested or unvested as indicated) under the MIP and unvested shares in respect of other compensation arrangements.

 

 

Vested at December 31, 2015

Unvested at December 31, 2015

Name

Total number of shares held

Number of vested options held under the MIP(1)

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

Retention shares deliverable under the 2014 retention component of the LTIP(2)

Reference number of shares deliverable under the 2015 performance components (P1 and P2) of the LTIP(2)

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

 

 

 

(vesting 2016)

(vesting 2017)

(vesting 2018)

(vesting 2016 and 2018)

(1)

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

(2)

Upon vesting, the LTIP foresees delivering 30 percent of the value of the vested shares under the retention component (LTIP 2013 and 2014) and performance components (P1 and P2 of LTIP 2015) in cash. However, participants have the possibility to elect to receive 100 percent of the vested award in shares.

(3)

The Replacement share grant foresees delivering 30 percent of the value of the vested shares in cash. However, the participant has 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

289,048

78,395

93,846

172,465

Eric Elzvik

23,768

710,125

27,071

30,549

44,562

Jean-Christophe Deslarzes

27,071

30,549

51,413

144,802

Diane de Saint Victor

475,446

31,848

35,940

45,873

Frank Duggan

132,896

25,632

27,548

46,390

Greg Scheu(4)

83,901

221,375

24,830

26,159

45,896

Pekka Tiitinen

21,000

221,375

22,294

25,158

42,845

Tarak Mehta

115,977

25,632

34,677

42,780

Veli-Matti Reinikkala

202,175

9,810

27,674

36,010

Bernhard Jucker

267,848

37,033

40,750

51,902

Claudio Facchin

41,501

22,294

31,083

42,845

Peter Terwiesch

30,393

250,000

15,919

16,457

36,698

Total Executive Committee members as of December 31, 2015

1,683,953

1,402,875

347,829

420,390

659,679

144,802

At December 31, 2014, 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 (either vested or unvested as indicated) under the MIP and unvested shares in respect of other compensation arrangements.

 

 

Vested at December 31, 2014

Unvested at December 31, 2014

Name

Total number of shares held

Number of vested options held under the MIP(1)

Number of unvested options held under the MIP(1)

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

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

Retention shares deliverable under the 2014 retention component of the LTIP(2)

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

Special retention share grant(3)

 

 

 

(vesting 2015)

(vesting 2015)

(vesting 2016)

(vesting 2017)

(vesting 2016 and 2018)

(vesting 2015)

(1)

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

(2)

The LTIP foresees delivering 30 percent of the value of the vested retention shares in cash. However, 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

241,943

67,293

78,395

93,846

Eric Elzvik

23,768

422,625

287,500

27,071

30,549

Jean-Christophe Deslarzes

27,071

30,549

144,802

Diane de Saint Victor

286,773

38,673

31,848

35,940

150,000

Frank Duggan

97,607

212,500

35,289

25,632

27,548

Greg Scheu (4)

63,137

221,375

29,664

24,830

26,159

Pekka Tiitinen

8,000

422,625

12,041

22,294

25,158

Tarak Mehta

91,275

35,289

25,632

34,677

Veli-Matti Reinikkala

176,119

37,223

9,810

27,674

Bernhard Jucker

235,702

45,924

37,033

40,750

Claudio Facchin

9,903

17,598

22,294

31,083

Total Executive Committee members as of December 31, 2014

1,234,227

1,279,125

287,500

318,994

331,910

403,933

144,802

150,000

At December 31, 2015, the following members of the Executive Committee held vested WARs and conditionally granted ABB shares under the performance component of the LTIP 2015, 2014 and 2013, which at the time of vesting will be settled in cash.

 

Vested at December 31, 2015

Unvested at December 31, 2015

Name

Number of fully vested WARs held under the MIP

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

Reference number of shares under the performance component of the 2014 launch of the LTIP

 

 

(vesting 2016)

(vesting 2017)

Ulrich Spiesshofer

50,024

51,489

Eric Elzvik

16,659

17,147

Jean-Christophe Deslarzes

16,659

17,147

Diane de Saint Victor

19,599

20,173

Frank Duggan

15,023

15,463

Greg Scheu

14,553

14,684

Pekka Tiitinen

13,720

14,122

Tarak Mehta

15,023

16,139

Veli-Matti Reinikkala

15,091

15,534

Bernhard Jucker

18,992

19,548

Claudio Facchin

287,500

13,720

14,122

Peter Terwiesch

10,007

10,292

Total Executive Committee members as of December 31, 2015

287,500

219,070

225,860

At December 31, 2014, the following members of the Executive Committee held vested WARs and conditionally granted ABB shares under the performance component of the LTIP 2014, 2013 and 2012, which at the time of vesting will be settled in cash.

 

Vested at December 31, 2014

Unvested at December 31, 2014

Name

Number of fully vested WARs held under the MIP

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

Reference number of shares under the performance component of the 2014 launch of the LTIP

 

 

(vesting 2015)

(vesting 2016)

(vesting 2017)

Ulrich Spiesshofer

22,588

50,024

51,489

Eric Elzvik

201,250

16,659

17,147

Jean-Christophe Deslarzes

16,659

17,147

Diane de Saint Victor

20,652

19,599

20,173

Frank Duggan

18,845

15,023

15,463

Greg Scheu

17,425

14,553

14,684

Pekka Tiitinen

6,950

13,720

14,122

Tarak Mehta

18,845

15,023

16,139

Veli-Matti Reinikkala

19,878

15,091

15,534

Bernhard Jucker

24,524

18,992

19,548

Claudio Facchin

387,500

10,665

13,720

14,122

Total Executive Committee members as of December 31, 2014

588,750

160,372

209,063

215,568