ADT 2012 Annual Report Download - page 80

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(4) At the time of the Separation, we adopted the ADT Supplemental Savings and Retirement Plan (the “ADT
SSRP”). The ADT SSRP is a merged version of, and is identical to, the SSRP and the SERP. Balances under
the Tyco SSRP and the Tyco SERP were transferred to the ADT SSRP at the time of the Separation.
(5) Ms. Mikells did not participate in the Tyco SSRP during fiscal year 2012.
Potential Payments Upon Termination or Change in Control
The following table summarizes the severance benefits that would have been payable to each of our named
executive officers upon termination of employment or upon the occurrence of a change in control, assuming that
the triggering event or events occurred on September 28, 2012. Equity award amounts are shown on a pre-
Separation basis and are based on Tyco’s regular-way closing share price of $56.26 on the NYSE on
September 28, 2012.
For each of ADT’s named executive officers, the Tyco Severance Plan or the Tyco CIC Severance Plan
governed termination benefits for the triggering events specified below. In addition, individual equity award
agreements govern the treatment of those awards under certain circumstances. For the definition of “Good
Reason” and “Cause” under the relevant documents, see the discussion under the heading “—Compensation,
Discussion and Analysis—Change in Control and Severance Benefits.”
Change in Control (1) Other Termination (1)
Name/Form of Compensation (a)
Without
Qualified
Termination
(b)
With
Qualified
Termination
(c)
With
Cause
(d)
Without
Cause
(e)
Resignation/
Retirement
(f)
Death or
Disability
(g)
Naren Gursahaney
Severance $0 $ 2,440,000 $0 $2,440,000 $0 $ 0
Benefit & Perquisite Continuation $0 $ 29,685 $0 $ 29,685 $0 $ 0
Accelerated Vesting of Equity
Awards (2) $0 $ 9,342,701 $0 $1,992,870 $0 $8,589,323
Supplemental Life Insurance $0 $ 0 $0 $0 $ 840,000(3)
Total $0 $11,812,386 $0 $4,462,555 $0 $9,429,323
Kathryn Mikells
Severance $0 $ 1,652,400 $0 $1,652,400 $0 $ 0
Benefit & Perquisite Continuation $0 $ 20,058 $0 $ 20,058 $0 $ 0
Accelerated Vesting of Equity
Awards (2) $0 $ 657,262 $0 $ 5,817 $0 $ 657,262
Total $0 $ 2,329,720 $0 $1,678,275 $0 $ 657,262
Donald Boerema
Severance $0 $ 480,534 $0 $ 480,534 $0 $ 0
Benefit & Perquisite Continuation $0 $ 15,340 $0 $ 15,340 $0 $ 0
Accelerated Vesting of Equity
Awards (2) $0 $ 774,188 $0 $ 92,450 $0 $ 692,330
Total $0 $ 1,270,062 $0 $ 588,324 $0 $ 692,330
Mark Edoff
Severance $0 $ 544,000 $0 $ 544,000 $0 $ 0
Benefit & Perquisite Continuation $0 $ 15,340 $0 $ 15,340 $0 $ 0
Accelerated Vesting of Equity
Awards (2) $0 $ 1,495,146 $0 $ 176,481 $0 $1,399,053
Total $0 $ 2,054,486 $0 $ 735,821 $0 $1,399,053
Anita Graham
Severance $0 $ 624,000 $0 $ 624,000 $0 $ 0
Benefit & Perquisite Continuation $0 $ 5,950 $0 $ 5,950 $0 $ 0
Accelerated Vesting of Equity
Awards (2) $0 $ 1,033,251 $0 $ 69,441 $0 $1,033,251
Total $0 $ 1,663,201 $0 $ 699,391 $0 $1,033,251
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