ADT 2012 Annual Report Download - page 67
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Performance Share Results
Consistent with the shareholder value delivered to stockholders, through June 29, 2012, Tyco had
substantially outperformed targeted results and, as a result, the number of shares to be delivered upon vesting of
the PSUs is above target, as illustrated by the tables below.
TSR
FY 10 Long-term Award
9/26/2009 - 6/29/2012
FY 11 Long-term Award
9/25/2010 - 6/29/2012
FY 12 Long-term Award
10/1/2011 - 6/29/2012
100%
90%
80%
70%
60%
50%
40%
30%
20%
10%
0%
Target Actual
TSR
100%
90%
80%
70%
60%
50%
40%
30%
20%
10%
0%
Target Actual
EPS
$7.00
$0.00
$1.00
$2.00
$3.00
$4.00
$5.00
$6.00
Target Actual
Payout Payout Payout
TSR
100%
90%
80%
70%
60%
50%
40%
30%
20%
10%
0%
Target Actual
ROIC Improvement (bp)
80.00
70.00
60.00
50.00
40.00
30.00
20.00
10.00
0.00
Target Actual
200%
Target Actual
150%
100%
50%
0%
100%
200%
200%
Target Actual
150%
100%
50%
0%
100%
200%
200%
Target Actual
150%
100%
50%
0%
100%
180%
Original Performance Period Performance Metric
Original
Targets Minimum
Adjusted
Targets Maximum Actual
9/26/2009—9/28/2012 Relative TSR Percentile 50th 35th 50th 75th 76th
9/25/2010—9/27/2013 Relative TSR Percentile 50th 35th 50th 75th 86th
3 Year Cumulative
EPS* $ 9.77 $ 4.26 $ 5.32 $ 6.38 $ 5.95
10/1/2011— 9/28/2012 Relative TSR Percentile 50th 35th 50th 75th 88th
Average ROIC +0.500% +0.075% +0.375% +0.675% +0.69%
* Reflects performance and payout relative to target for each of the PSU awards that were converted to time-
based RSUs on June 29, 2012. TSR performance based on percentile rank versus the S&P 500 Industrials.
EPS and ROIC performance based on achievement against pre-established targets.
Treatment of Outstanding Equity Awards Upon Separation. Under the terms of the Tyco 2004 SIP, the Tyco
Compensation Committee had the authority to make equitable adjustments to outstanding Tyco equity awards in
the event of certain transactions, including the distribution of our common stock in connection with the
Separation on September 28, 2012. Accordingly, in October 2011 the Tyco Compensation Committee authorized
that various adjustments be made to outstanding Tyco equity awards to prevent the dilution or enlargement of the
benefits or potential benefits intended to be made available under the applicable Tyco equity awards following
the Separation. Prior to the Separation, all employee incentive equity awards were granted by Tyco. On
September 28, 2012, substantially all of Tyco’s outstanding awards were converted into like-kind awards of
ADT, Tyco and Pentair.
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