O A
Remuneration Report (continued)
ad (8) - Extraordinary share grants: number of shares vesting
ad (9) - Extraordinary share grants: value of shares vesting
ad (10) - Other emoluments
Actual remuneration paid to former members of the Executive Board
Heineken N.V. Annual Report 2018
Report of the Executive Board
Report of the Supervisory Board
Financial Statements
Sustainability Review
Other Information
The table below provides an overview of the Extraordinary share grants that have vested prior to 2018 but are still blocked as of 31 December 2018; there are no such grants to members of the Executive Board that are
still unvested or that vested in, or at year-end, 2018. The Extraordinary share grants to Mrs. Debroux vested in 2015 and 2016, yet are blocked for five years from the moment of grant, i.e. until 24 April 2020.
Award
Grant date
No. of shares of the
granted1
in
Value of shares
conditionally
granted as of the
grant date
in
Vesting date
No. of shares
vesting on the
vesting date2
(after-tax)
End of
blocking period
Value of
unvested or
blocked shares
as of 31.12.20183
in
Debroux
Extraordinary
share award
24.04.2015
1,000
73,640
24.04.2015
681
24.04.2020
Extraordinary
share award
24.04.2015
1,000
73,640
24.04.2016
675
24.04.2020
52,573
52,110
1 The 'Number of shares granted' refers to the grant in before-tax terms (i.e. before-tax withholding).
2 As the table reveals, income tax has been withheld from the Extraordinary share awards themselves.
3 The value of the share awards is based on the 'Number of shares vesting on the vesting date (after-tax)' against the share price as of 31 December 2018 of €77.02.
There are no such grants to members of the Executive Board that vested in, or at year-end, 2018.
The amounts mainly involve car benefits-in-kind, and for Mrs. Debroux also housing allowance (grossed-up) and schooling costs.
There has not been any remuneration for 2018 paid to former members of the Executive Board, nor is any such remuneration outstanding for later years.
