Annual Report 2010/11 - Sonova

SHArEHOLDInGS Of MEMBErS Of THE BOArD Of DIrECTOrS AnD THE MAnAGEMEnT BOArD
COMPEnSATIOn rEPOrT
Shareholdings of the Board of Directors
As of March 31, 2011, the members of the Board of Directors and persons closely linked to them held directly and indirectly
6,371,908 Sonova shares (9.6% of total share capital), 39,000 options, 6,000,000 warrants, 1,237,500 Warrant Appreciation
rights, and 3,000 Share Appreciation rights.
The following table shows the shareholdings of the individual members of the Board of Directors and persons closely
linked to them:
31.3.2011 31.3.2010
Shares Warrants 1) Options Shares Warrants 1) Options
Andy rihs 6,309,598 1,250,000 3,000 7,059,100 1,000,000 24,000
William D. Dearstyne 32,300 987,5002) 3,0003) 20,300 1,000,0002) 24,0004) Heliane Canepa 18,010 1,250,000 12,000 15,010 1,000,000 15,000
robert f. Spoerry 10,000 1,250,000 12,000 10,000 1,000,000 24,000
Dr. Michael Jacobi 2,000 1,250,000 12,000 2,000 1,000,000 15,000
Anssi Vanjoki 500,000 250,000
ronald van der Vis 500,000 250,000
John J. Zei 250,0002) Total 6,371,908 7,237,500 42,000 7,106,410 5,500,000 102,000
1) Exercise ratio between warrants and options: 25:1 (see also note 30 in the consolidated financial statements).
2) WArs (WArs grant the right to participate in the appreciation of the Sonova shares without issuance of shares).
3) SArs (SArs grant the right to participate in the appreciation of the Sonova shares without issuance of shares).
4) Thereof 12,000 SArs (SArs grant the right to participate in the appreciation of the Sonova shares without issuance of shares).
The following table shows the detailed breakdown of the outstanding warrants/options:
Warrants EEAP
11 2)
Warrants EEAP
10 3)
Warrants EEAP
09 4)
Warrants EEAP
08 5)
Options EEAP
07 6)
Total
warrants 1)
31.3.2011
Total
options
Andy rihs 250,000 250,000 450,000 300,000 3,000 1,250,000 3,000
William D. Dearstyne 250,0007) 250,0007) 337,5007) 150,0007) 3,0008) 987,5007) 3,0008) Heliane Canepa 250,000 250,000 450,000 300,000 12,000 1,250,000 12,000
Dr. Michael Jacobi 250,000 250,000 450,000 300,000 12,000 1,250,000 12,000
robert f. Spoerry 250,000 250,000 450,000 300,000 12,000 1,250,000 12,000
Anssi Vanjoki 250,000 250,000 500,000
ronald van der Vis 250,000 250,000 500,000
John J. Zei 250,0007) 250,0007) Total 2,000,000 1,750,000 2,137,500 1,350,000 42,000 7,237,500 42,000
1) Exercise ratio between warrants and options: 25:1 (see also note 30 in the consolidated financial statements).
2) Strike price CHf 118.40, blocking period 1.3.2011 – 28.2.2015, whereas one tranche being released each year, exercise period 1.3.2012 – 29.2.2016.
3) Strike price CHf 131.00, blocking period 1.3.2010 – 28.2.2014, whereas one tranche being released each year, exercise period 1.3.2011 – 28.2.2015.
4) Strike price CHf 56.00, blocking period 1.3.2009 – 28.2.2013, whereas one tranche being released each year, exercise period 1.3.2010 – 28.2.2014.
5) Strike price CHf 96.00, blocking period 1.3.2008 – 29.2.2012, whereas one tranche being released each year, exercise period 1.3.2009 – 28.2.2013.
6) Strike price CHf 95.05, blocking period 1.2.2007 – 31.1./28.2.2011, whereas one tranche being released each year, exercise period 1.2.2008 – 31.1./29.2.2012.
7) WArs (WArs grant the right to participate in the appreciation of the Sonova shares without issuance of shares).
8) SArs (SArs grant the right to participate in the appreciation of the Sonova shares without issuance of shares).
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