Delaware (State or other jurisdiction of incorporation ) | 1-15274 (Commission File No.) | 26-0037077 (IRS Employer Identification No.) |
6501 Legacy Drive Plano, Texas (Address of principal executive offices) | 75024-3698 (Zip code) |
Item 5.02 | Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers. |
Executive Officer | 2014 Base Salary | 2014 Target Incentive Award Opportunity (% of base salary) | 2014 Equity Awards |
Myron E. Ullman, III Chief Executive Officer | $1,500,000 | 200% | $5,500,000 |
Edward J. Record1 Executive Vice President and Chief Financial Officer | $750,000 | 75% | $1,500,000 |
Janet L. Dhillon Executive Vice President, General Counsel and Secretary | $700,000 | 75% | $2,000,000 |
Brynn L. Evanson Executive Vice President, Human Resources | $475,000 | 75% | $700,000 |
D. Scott Laverty Executive Vice President, Chief Information Officer | $450,000 | 75% | $700,000 |
(d) | Exhibit 10.1 Form of Notice of 2014 Performance-Contingent Stock Option |
Name [Participant Name] | Employee ID | |
Date of Grant [Grant Date] | Option Grant Price Per Share [Grant Price] | Number of NSO Shares Granted [Shares Granted] |
Name [Participant Name] | Employee ID | |
Date of Grant [Grant Date] | Option Grant Price Per Share [Grant Price] | Number of NSO Shares Granted [Shares Granted] |
Name [Participant Name] | Employee ID | |
Date of Grant [Grant Date] | Option Grant Price Per Share [Grant Price] | Number of NSO Shares Granted [Shares Granted] |
Performance Level | Payout % | Free Cash Flow (in millions) | EBITDA (in millions) |
Maximum | 200% | [Max Free Cash Flow] | [Max EBITDA] |
Target | 100% | [Target Free Cash Flow] | [Target EBITDA] |
Threshold | 50% | [Threshold Free Cash Flow] | [Threshold EBITDA] |
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