ADT 2013 Annual Report Download - page 54
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Please find page 54 of the 2013 ADT annual report below. You can navigate through the pages in the report by either clicking on the pages listed below, or by using the keyword search tool below to find specific information within the annual report.FISCAL YEAR 2013 NEO COMPENSATION—CONTINUED
The following table summarizes the severance benefits that would have been payable to each of our NEOs upon termination of employment or
upon a qualifying termination in connection with a change in control, assuming that the triggering event or events occurred on September 27,
2013. Equity award amounts are calculated using a price of $41.26, which was the closing price of the Company’s common stock on the NYSE
on September 27, 2013.
Change in Control Other Termination
Name/Form of Compensation
Without
Qualified
Termination
($)
With
Qualified
Termination
($) With Cause
($) Without
Cause ($)
Resignation/
Retirement
($)
Death or
Disability
($)
Naren Gursahaney
Cash Severance — 3,600,000 — 3,600,000 — —
Benefit & Perquisite Continuation — 20,545 — 20,545 — —
Accelerated Vesting of Equity Awards — 8,318,958 — 1,604,046 — 8,318,958
Total — 11,939,503 — 5,224,591 — 8,318,958
Kathryn Mikells (1)
Cash Severance — — — — — —
Benefit & Perquisite Continuation — — — — — —
Accelerated Vesting of Equity Awards — — — — — —
Total — — — — — —
N. David Bleisch
Cash Severance — 1,360,000 — 1,020,000 — —
Benefit & Perquisite Continuation — 20,545 — 20,545 — —
Accelerated Vesting of Equity Awards — 1,405,071 — 198,761 — 1,405,071
Total — 2,785,616 — 1,239,306 — 1,405,071
Alan Ferber
Cash Severance — 1,440,000 — 1,080,000 — —
Benefit & Perquisite Continuation — 26,935 — 26,935 — —
Accelerated Vesting of Equity Awards — 463,515 — — — 463,515
Total — 1,930,450 — 1,106,935 — 463,515
Anita Graham
Cash Severance — 1,344,000 — 1,008,000 — —
Benefit & Perquisite Continuation — 9,000 — 9,000 — —
Accelerated Vesting of Equity Awards — 1,375,702 — 129,612 — 1,375,702
Total — 2,728,702 — 1,146,612 — 1,375,702
(1) Ms. Mikells resigned from the Company effective May 2, 2013.
42 The ADT Corporation 2014 Proxy Statement
PROXY STATEMENT