Note 11
Shareholdings of Board and Executive Committee

At December 31, 2016 and 2015, 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

2016

2015

(1)

Includes 2,000 shares held by spouse.

(2)

Does not include shares beneficially owned by Investor AB, of which Mr. Wallenberg is Chairman.

(3)

Roger Agnelli died in a tragic accident in March 2016.

(4)

First elected to the Board at the ABB Ltd AGM in 2016.

(5)

Includes 3,150 shares held by spouse.

Peter Voser(1)

102,137

45,559

Jacob Wallenberg(2)

202,190

193,659

Roger Agnelli(3)

176,820

Matti Alahuhta

31,265

24,788

David Constable

9,295

3,229

Frederico Curado(4)

2,573

Robyn Denholm(4)

2,871

Louis R. Hughes

53,145

80,562

David Meline(4),(5)

6,021

Satish Pai(4)

2,871

Michel de Rosen

79,443

146,646

Ying Yeh

30,518

25,016

Total

522,329

696,279

At December 31, 2016, 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, 2016

 

Unvested at December 31, 2016

Name

Total number of shares held at December 31, 2016

 

Number of vested options held under the MIP(1)

 

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)

Reference number of shares deliverable under the 2016 performance components (P1 and P2) of the LTIP(2)

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

 

 

 

 

 

(vesting 2017)

(vesting 2018)

(vesting 2019)

(vesting 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 70 percent of the value of the vested shares under the retention component (LTIP 2014) and performance components (P1 and P2 of LTIP 2015 and 2016) in shares and the remainder 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.

Ulrich Spiesshofer

344,454

 

 

93,846

172,465

175,881

Eric Elzvik

71,369

 

408,875

 

30,549

44,562

40,583

Jean-Christophe Deslarzes

74,767

 

 

30,549

51,413

56,287

65,819

Diane de Saint Victor

507,824

 

 

35,940

45,873

47,745

Frank Duggan

158,528

 

 

27,548

46,390

48,028

Greg Scheu

101,250

 

221,375

 

26, 159

45,896

43,144

Sami Atiya (EC member as of June 14, 2016)

 

 

37,693

Tarak Mehta

134,449

 

 

34,677

42,780

45,624

Bernhard Jucker

293,771

 

 

40,750

51,902

54,112

Claudio Facchin

63,795

 

 

31,083

42,845

47,722

Peter Terwiesch

46,312

 

 

16,457

36,698

44,969

Total Executive Committee members as of December 31, 2016

1,796,519

 

630,250

 

367,558

580,824

641,788

65,819

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, 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.

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

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, 2016, the following members of the Executive Committee held vested WARs and conditionally granted ABB shares under the performance component of the LTIP 2014, which at the time of vesting will be settled in cash.

 

Vested at December 31, 2016

 

Unvested at December 31, 2016

Name

Number of fully vested WARs held under the MIP

 

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

 

 

 

(vesting 2017)

Ulrich Spiesshofer

 

51,489

Eric Elzvik

 

17,147

Jean-Christophe Deslarzes

 

17,147

Diane de Saint Victor

 

20,173

Frank Duggan

 

15,463

Greg Scheu

 

14,684

Sami Atiya (EC member as of June 14, 2016)

 

Tarak Mehta

 

16,139

Bernhard Jucker

 

19,548

Claudio Facchin

 

14,122

Peter Terwiesch

 

10,292

Total Executive Committee members as of December 31, 2016

 

196,204

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 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