Insiders' holdings
Further information on reporting insiders’ holdings is available on page Transactions of Managers. Until further notice the transactions will be reported as Stock Exchange releases.
Management shareholding until July 2, 2016
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Nokian Tyres holdings and options holdings of the President and CEO and controlled corporations, December 31, 2018 |
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| Number of shares | Stock options 2013 2013C |
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| Hille Korhonen, President and CEO | 40,308 | - |
Duties and responsibilities and Nokian Tyres holdings and options holdings of the Group’s management team and controlled corporations, December 31, 2018
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|
Number of shares |
Stock options 2013 |
|
Päivi Antola |
0 |
0 |
|
Tytti Bergman |
50 |
0 |
|
Mark Earl |
0 |
0 |
|
Esa Eronen |
16,541 |
0 |
|
Anna Hyvönen |
19,117 |
0 |
|
Teemu Kangas-Kärki |
0 |
0 |
|
Jukka Kasi |
0 |
0 |
|
Andrei Pantioukhov |
63,588 |
0 |
|
Manu Salmi |
24,003 |
15,000 |
|
Timo Tervolin |
8,865 |
0 |
|
Susanna Tusa |
5,507 |
4,000 |
|
Antti-Jussi Tähtinen |
14,555 |
0 |
|
Frans Westerlund |
2,775 |
0 |
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Table 1. Long-term incentives |
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Performance Share Plan 2016 (maximum) |
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Performance Share Plan 2019 (maximum) |
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Performance period 2017 |
Performance period 2018 |
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Performance period 2019–2020 |
Performance period 2019–2021 |
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President and CEO |
70,000 |
55,000 |
|
250% |
250% |
|
Other management team |
216,875 |
194,500 |
|
100%–200% |
100%–200% |
|
|
Maximum share rewards defined as pieces of shares |
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Maximum share rewards defined as % of annual base salary |
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Table 2. Remuneration paid to the Board members in 2018 (cash basis) |
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|
Position on the Board |
Fixed annual fee, €** |
Meeting remuneration fees, € |
Committee meeting remuneration fees, € |
Total remuneration fees, € |
Shares acquired with a fixed annual fee, number of shares |
Share holdings of the Board, number of shares |
|
Petteri Walldén |
Chairman |
90,000 |
6,000 |
6,000 |
102,000 |
1,348 |
20,865 |
|
Kari Jordan * |
Deputy Chairman, Chairman of the Personnel and Remuneration Committee |
67,500 |
4,800 |
3,600 |
75,900 |
1,011 |
1,011 |
|
Heikki Allonen |
member |
45,000 |
6,000 |
3,000 |
54,000 |
674 |
1,867 |
|
Raimo Lind |
Chairman of the Audit Committee |
67,500 |
6,000 |
5,400 |
78,900 |
1,011 |
3,862 |
|
Veronica Lindholm |
member |
45,000 |
6,000 |
6,000 |
57,000 |
674 |
1,867 |
|
Inka Mero |
member |
45,000 |
6,000 |
3,000 |
54,000 |
674 |
3,260 |
|
George Rietbergen |
member |
45,000 |
7,800 |
600 |
53,400 |
674 |
1,204 |
|
Pekka Vauramo * |
member |
45,000 |
4,800 |
2,400 |
52,200 |
674 |
674 |
|
Total |
|
450,000 |
47,000 |
30,000 |
527,400 |
6,740 |
34,610 |
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* member since April 10, 2018 ** 50% of the annual remuneration to be paid in cash and 50% in company shares |
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President and CEO and management team
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Table 3: Salaries and financial benefits paid to the President and CEO and the company’s other management team members in 2018 (cash basis)
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|
Annual salary, € (including fringe benefits) |
Performance based bonuses, € (based on year 2017) |
Signing fees, € |
Severance package, € |
Total value of share-based bonus, €* |
Total, € |
Share-based bonus paid in shares, number of shares |
|
President and CEO |
693,240 |
411,540 |
0 |
0 |
2,497,082 |
3,601,862 |
32,381 |
|
Other members of the management team |
2,580,611 |
753,063 |
31 915 |
0 |
6,714,353 |
10,079,941 |
98,771 |
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* According to the stock exchange price of the assignment date of March 26, 2018 / August 31, 2018 the payment for the performance period of 2017 of the share-based incentive plan |
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