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Board of Management and Supervisory Board Remuneration (Tables)
 12 Months Ended
Dec. 31, 2012
Board of Management and Supervisory Board remuneration [Abstract]  
Remuneration of the members of Board of Management
                                         
               
         

Fixed

 

  

Short-term (variable)

 

   Long-term
(variable)		       

Total

Remuneration

  

Other

 
     Year  

Base

salary
EUR

  

STI

(Cash)1
EUR

  

Option

awards2
EUR

  

LTI (share
awards)3

EUR

       

Total7

EUR

  

Pension8

EUR

  

Compensation

Pension

Premium9

EUR

  

Other

benefits
and expense
reimbursement10

EUR

E. Meurice

   2012   818,000   613,500   -   2,079,601   4   3,511,101   167,427   -   127,116
    2011   787,000   586,709   -   1,413,218   5   2,786,927   140,113   88,050   136,765
    2010   757,000   566,236   42,648   935,617   6   2,301,501   136,697   -   132,630

P.T.F.M.

   2012   508,000   304,800   -   1,289,415   4   2,102,215   79,190   -   46,275

Wennink

   2011   488,000   291,043   -   875,493   5   1,654,536   85,994   94,455   44,669
    2010   469,000   280,650   26,401   579,321   6   1,355,372   84,229   -   43,627

M.A. van den

   2012   538,000   322,800   -   1,366,039   4   2,226,839   83,990   -   47,540

Brink

   2011   517,000   308,339   -   927,912   5   1,753,251   91,243   181,826   45,502
    2010   497,000   297,405   28,025   617,004   6   1,439,434   90,388   -   44,817

F.J. van Hout

   2012   445,000   267,000   -   1,131,676   4   1,843,676   69,110   -   37,313
    2011   428,000   255,259   -   832,201       1,515,460   75,134   9,735   35,190
    2010   412,000   246,541   23,209   471,700       1,153,450   65,300   -   34,549

F.J.M.

   2012   433,000   259,800   -   1,144,137       1,836,937   67,190   -   28,889

Schneider-

   2011   416,000   248,102   -   676,945       1,341,047   56,475   4,290   28,313

Maunoury

   2010   400,000   239,360   -   326,947       966,307   55,011   -   34,788

 

 

 

1 Actual short-term incentives (“STI”) (cash) chargeable to us in the financial year (i.e. STI relating to performance in the current year but paid out in the next financial year).
2 The remuneration reported as part of the option awards is based on costs incurred under U.S. GAAP. The costs of the option awards are based on the actual vested number of option awards multiplied by the fair value of the option awards at grant date and are recorded in the consolidated statements of operations on a straight line basis over the vesting period. The use of performance stock options in the short term incentive plan was withdrawn as of 2010. The last performance option awards were granted in 2009 and became unconditional in 2010.
3 The remuneration reported as part of the long-term incentives (“LTI”) (share awards) is based on costs incurred under U.S. GAAP. The costs of share awards are charged to the consolidated statements of operations over the 3 year vesting period based on the maximum achievable number of share awards. Therefore the costs for e.g. the financial year 2012 include costs of the Board of Management’s performance share plan 2012, 2011 and 2010. Furthermore, the difference between the amount based on the maximum achievable number of share awards and the amount based on the actual number of share awards that vest, is released to the consolidated statements of operations in the financial year in which the share awards vest.
4 The remuneration reported as part of the LTI (share awards) for the year 2012 includes an adjustment for the Board of Management performance share plan 2009 based on the actual number of share awards vested in 2012. The adjustment for Mr. Meurice, Mr. Wennink, Mr. van den Brink and Mr. van Hout amounts to EUR -106,266, EUR -65,785, EUR -69,831 and EUR -57,838, respectively.
5 The remuneration reported as part of the LTI (share awards) for the year 2011 includes an adjustment for the Board of Management performance share plan 2008 based on the actual number of share awards vested in 2011. The adjustment for Mr. Meurice, Mr. Wennink and Mr. van den Brink amounts to
EUR -148,040, EUR -91,645 and EUR -97,281, respectively.
6 The remuneration reported as part of the LTI (share awards) for the year 2010 includes an adjustment for the Board of Management performance share plan 2007 based on the actual number of share awards vested in 2010. The adjustment for Mr. Meurice, Mr. Wennink and Mr. van den Brink amounts to
EUR -296,287, EUR -183,612 and EUR -191,972, respectively.
7 This total reflects base salary, STI (cash), option awards and LTI (share awards).
8 The pension arrangement has been adjusted upwards to match common market practice as from 2010. Furthermore, since the pension arrangement for members of the Board of Management is a defined contribution plan, we do not have additional pension obligations beyond the annual premium contribution. As per 2010, the employee contribution to the pension plan is 4.0 percent of the pension base.
9 In 2011, compensation was paid to the Board of Management regarding the risk premium for spouse/orphan pensions, to align the Board of Management pension arrangement with senior management. This concerned a reimbursement for risk premiums that were erroneously paid by the participants in the past.
10 Other benefits and expense reimbursement are gross amounts and may include housing costs, company car costs, travel expenses, social security costs, health and disability insurance costs and representation allowances.
Details of vested options held by members of the Board of Management to purchase ordinary shares
                                                                 
                 
    Jan. 1, 2012     Exercised
during 2012		    

Share
price on
exercise date

(EUR)

     Vested
during 2012		     Expired
during 2012		     Dec. 31,
2012		    

Exercise

price

(EUR)

    

Expiration

date

  

 

  

E. Meurice

     23,270       23,270       35.12       -       -       -       11.53       1/19/2015  
      88,371       88,371       36.70       -       -       -       17.90       1/18/2016  
      95,146       95,146       43.89       -       -       -       20.39       1/17/2017  
      42,448       42,448       36.67       -       -       -       17.20       2/4/2018  
      84,895       84,895       34.93       -       -       -       12.39       2/2/2019  

 

  

P.T.F.M. Wennink

     31,500       -       -       -       31,500       -       58.00       1/20/2012  
      52,554       52,554       33.60       -       -       -       12.39       2/2/2019  

 

  

M.A. van den Brink

     31,500       -       -       -       31,500       -       58.00       1/20/2012  
      27,894       27,894       34.38       -       -       -       17.20       2/4/2018  
      55,788       55,788       33.60       -       -       -       12.39       2/2/2019  

 

  

F.J. van Hout

     46,201       46,201       33.60       -       -       -       12.39       2/2/2019  

 

  

F.J.M. Schneider-

     -       -       -       -       -       -       -       -  

Maunoury

                                                                
Performance shares granted to members of the Board of Management
                                                                 
                 
Board of
management		   Grant
date		     Status     Full
control		    

Number of
shares at
grant

date

    

Fair value
at grant date

EUR

    

Vesting

date

     Number of
shares at
vesting
date		    

End of lock-

up date

  

 

  

E. Meurice

     4/18/2012       Conditional       No       73,570       37.33       4/18/2015       -       4/18/2017  
      4/13/2011       Conditional       No       88,732       28.29       4/13/2014       -       4/13/2016  
      2/1/2010       Conditional       No       88,732       22.93       2/1/2013       -       2/1/2015  
      2/2/2009       Unconditional       No       57,002       13.05       2/2/2012       48,859 1      2/2/2014  
      2/4/2008       Unconditional       No       57,002       18.18       2/4/2011       48,859 1      2/4/2013  
      1/17/2007       Unconditional       Yes       66,338       20.39       1/17/2010       51,807       1/17/2012  

 

  

P.T.F.M. Wennink

     4/18/2012       Conditional       No       45,689       37.33       4/18/2015       -       4/18/2017  
      4/13/2011       Conditional       No       54,974       28.29       4/13/2014       -       4/13/2016  
      2/1/2010       Conditional       No       54,974       22.93       2/1/2013       -       2/1/2015  
      2/2/2009       Unconditional       No       35,287       13.05       2/2/2012       30,246 1      2/2/2014  
      2/4/2008       Unconditional       No       35,287       18.18       2/4/2011       30,246 1      2/4/2013  
      1/17/2007       Unconditional       Yes       41,111       20.39       1/17/2010       32,106       1/17/2012  

 

  

M.A. van den Brink

     4/18/2012       Conditional       No       48,387       37.33       4/18/2015       -       4/18/2017  
      4/13/2011       Conditional       No       58,256       28.29       4/13/2014       -       4/13/2016  
      2/1/2010       Conditional       No       58,256       22.93       2/1/2013       -       2/1/2015  
      2/2/2009       Unconditional       No       37,458       13.05       2/2/2012       32,107 1      2/2/2014  
      2/4/2008       Unconditional       No       37,458       18.18       2/4/2011       32,107 1      2/4/2013  
      1/17/2007       Unconditional       Yes       42,980       20.39       1/17/2010       33,565       1/17/2012  

 

  

F.J. van Hout

     4/18/2012       Conditional       No       40,023       37.33       4/18/2015               4/18/2017  
      4/13/2011       Conditional       No       48,293       28.29       4/13/2014       -       4/13/2016  
      2/1/2010       Conditional       No       48,293       22.93       2/1/2013       -       2/1/2015  
      2/2/2009       Unconditional       No       31,021       13.05       2/2/2012       26,589 1      2/2/2014  

 

  

F.J.M. Schneider-

     4/18/2012       Conditional       No       38,944       37.33       4/18/2015               4/18/2017  

Maunoury

     4/13/2011       Conditional       No       46,886       28.29       4/13/2014       -       4/13/2016  
      2/1/2010       Conditional       No       46,886       22.93       2/1/2013       -       2/1/2015  

 

 

 

1 The number of shares included in the lock-up period is reduced as a result of the synthetic share buyback due to an exchange for each 100 ordinary shares for 77 ordinary shares. The number of shares vested in 2012 after the synthetic share buyback for Mr. Meurice, Mr. Wennink, Mr. van den Brink and for Mr. van Hout are 37,621 shares, 23,289 shares, 24,722 shares and 20,474 shares, respectively. The number of shares vested in 2011 after the synthetic share buyback for Mr. Meurice, Mr. Wennink and for Mr. van den Brink are 37,621 shares, 23,289 shares and 24,722 share, respectively.
Supervisory board remuneration
                                                         
               
Year ended December 31, 2012   Total    

Supervisory

board

    

Audit

committee

    

Remuneration

committee

    

Selection

and
nomination
committee

     Technology
and strategy
committee		     Other1,2  

 

  

Arthur P.M. van der Poel

     94,750       68,750       10,000       -       8,000       8,000       -  

Jos W.B. Westerburgen

     96,116       48,750       -       12,000       12,000       -       23,366 3 

OB Bilous

     104,750       78,750       -       -       8,000       8,000       10,000  

Fritz W. Fröhlich

     68,750       48,750       15,000       -       -       -       5,000  

Hendrika (Ieke) C.J. van den Burg

     56,750       48,750       -       8,000       -       -       -  

William T. Siegle

     90,750       78,750       -       -       -       12,000       -  

Pauline F.M. van der Meer Mohr

     56,750       48,750       -       8,000       -       -       -  

Wolfgang H. Ziebart

     72,750       48,750       10,000       6,000 4      -       8,000       -  

 

  

Total

     641,366       470,000       35,000       34,000       28,000       36,000       38,366  

 

  
               
Year ended December 31, 2011   Total    

Supervisory

board

    

Audit

committee

    

Remuneration

committee

    

Selection

and
nomination
committee

     Technology
and strategy
committee		     Other1,2  

 

  

Arthur P.M. van der Poel

     88,250       62,500       10,000       -       7,875       7,875       -  

Jos W.B. Westerburgen

     66,750       43,750       -       11,500       11,500       -       -  

OB Bilous

     99,500       73,750       -       -       7,875       7,875       10,000  

Fritz W. Fröhlich

     62,500       43,750       15,000       -       -       -       3,750  

Hendrika (Ieke) C.J. van den Burg

     51,625       43,750       -       7,875       -       -       -  

William T. Siegle

     85,250       73,750       -       -       -       11,500       -  

Pauline F.M. van der Meer Mohr

     51,625       43,750       -       7,875       -       -       -  

Wolfgang H. Ziebart

     61,625       43,750       10,000       -       -       7,875       -  

 

  

Total

     567,125       428,750       35,000       27,250       27,250       35,125       13,750  

 

 

 

1 To compensate for certain obligations ASML has towards the U.S. government as a result of the acquisition of Silicon Valley Group in 2001, one U.S. member receives an additional EUR 10,000 to fulfill these obligations.
2 In addition to the annual fixed fee, the Vice-Chairman of the Supervisory Board receives EUR 5,000 per year to fulfill this role. As the adjustment of the Supervisory Board’s remuneration became effective as per April 1, 2011, the Vice-Chairman fee paid over the financial year 2011 amounted to EUR 3,750.
3 In 2012 Jos Westerburgen received a provisional payment related to the supervisory board remuneration for the period January to April 2013. As legislation regarding VAT registration for Supervisory Board members will change as from 2013 and Jos Westerburgen will resign in 2013 it was discussed and agreed with the Dutch tax authorities to pay the remuneration fee in advance.
4 During 2012 Wolfgang H. Ziebart was appointed as member of the Remuneration Committee and therefore received a partial fee.