ADT 2008 Annual Report Download - page 70

Option Exercises and Stock Vested Table
The following table shows, for each of the named executive officers, the amounts realized from
options that were exercised and restricted stock, RSUs and DSUs that vested during fiscal 2008.
Option Awards Stock Awards
Number of Shares Number of Shares
Acquired on Value Realized on Acquired on Value Realized on
Name Exercise (#) Exercise ($)(1) Vesting (#) Vesting ($)(2)
(a) (b) (c) (d) (e)
Current Officers
Edward D. Breen ............. — $— 52,641 $2,181,135
Christopher J. Coughlin ........ — $— 25,000 $1,032,800
George Oliver ............... — $— — $ —
John Evard ................. — $— 1,875 $ 77,156
Naren Gursahaney ............ — $— 3,540 $ 150,590
(1) The aggregate dollar amount realized is based on the difference between the fair market value of
the Company’s common stock on the exercise date and the exercise price of the stock option.
(2) The aggregate dollar amount realized is based on the average of the NYSE high/low price of the
Company’s common stock on the vesting date.
Pension Benefits Table
The following table presents, for each named executive officer, the present value of the benefit he
would receive at retirement under the specified pension plan, based on credited years of service and
covered compensation as of September 26, 2008.
Number of Present Value of Payments
Years Credited Accumulated During Last
Name Plan Name(1) Service (#) Benefit ($)(2) Fiscal Year ($)
(a) (b) (c) (d) (e)
Edward D. Breen ........ Employment Agreement 6.17 $11,396,000 $—
(1) The terms of Mr. Breen’s employment agreement (both pre- and post-amendment) provide that he
is entitled to receive an annual supplemental retirement benefit payable at the later of age 60 and
termination of employment. The supplemental benefit is in the form of a joint 50% spousal
survivor’s annuity equal to 50% of Mr. Breen’s final average earnings. This average is calculated as
the highest average of the sum of his monthly base salary and actual bonus (the bonus being
spread equally over the bonus period for which it is paid) during any consecutive 36 month period
within the 60-month period prior to his termination of employment. Final average earnings are
reduced by benefits from any defined benefit pension plans maintained by the Company or its
affiliates, by benefits from any other defined benefit pension plans maintained by any previous
employers, and by benefits attributable to employer contributions, including matching contributions
to any defined contribution plans maintained by the Company or its affiliates. Mr. Breen is vested
in the benefit described above. Mr. Breen’s benefit is payable as an actuarially equivalent lump
sum at the later of age 60 and the actual date of his termination of employment under the pre-
amended employment agreement, and as an actuarially equivalent lump sum at the later of age 60
and the actual date of his termination of employment other than as a result of death (subject to
any applicable 6-month delay pursuant to Internal Revenue Code Section 409A), in accordance
with his previous election under his amended employment agreement.
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