ADT 2015 Annual Report Download - page 56

FISCAL YEAR 2015 NEO COMPENSATION—CONTINUED
Option Exercises and Stock Vested Table
The following table sets forth information regarding option awards exercised and stock awards vested during fiscal year 2015 for the NEOs.
Values have been rounded to the nearest dollar, where applicable.
Option Awards Stock Awards
Name
Number of Shares
Acquired on
Exercise (#) Value Realized on Exercise ($) (1)
Number of Shares
Acquired on Vesting (#) Value Realized on Vesting ($) (2)
Naren Gursahaney 52,447 481,473 11,575 397,570
Michael Geltzeiler — — 2,713 98,536
Jerri DeVard — — 1,398 51,894
Alan Ferber — — 4,338 161,071
N. David Bleisch 20,144 177,806 5,066 169,044
(1) The amounts shown in this column reflect the value realized upon the exercise of vested stock options. The value realized is the difference between the sale price of the shares acquired via the
exercise of the options and the exercise price of the options.
(2) The amounts shown in this column reflect the value of stock awards that vested based on the NYSE closing price per share of the Company’s common stock on the date of vesting.
Non-Qualified Deferred Compensation Table
The following table presents information related to the non-qualified deferred compensation accounts of each of our NEOs as of September 25,
2015.
Name
Executive
Contributions in Last
Fiscal Year ($) (1)
Registrant
Contributions in Last
Fiscal Year ($) (1)
Aggregate Earnings in
Last Fiscal Year ($) (2)
Aggregate
Withdrawals/
Distributions ($)
Aggregate Balance
at Last Fiscal Year
End ($)
(a) (b) (c) (d) (e) (f)
Naren Gursahaney 107,401 67,127 (147,122) — 5,841,075
Michael Geltzeiler 64,726 51,414 (6,653) — 109,487
Jerri DeVard — — — — —
Alan Ferber 73,187 28,010 (7,155) — 120,918
N. David Bleisch 22,695 19,319 (2,944) (30,220) 176,406
(1) The amounts shown in columns (b) and (c) reflect employee and Company contributions, respectively, under the SSRP, the Company’s non-qualified retirement savings plan. All of the
amounts in column (c) are included in the Summary Compensation Table under the column heading “All Other Compensation.” Under the terms of the SSRP, an eligible executive may elect
to defer up to 50% of his or her base salary and up to 100% of his or her performance bonus.
(2) The amounts shown in this column include earnings (or losses) on the NEO’s notional account in the SSRP.
Potential Payments Upon Termination or Change in Control
Each of the NEOs is eligible for certain payments and benefits upon a
termination of employment under either the Severance Plan or the
CIC Severance Plan, depending on the circumstances of their
termination.
Severance Plan. The NEOs would receive benefits under the
Severance Plan upon an involuntary termination of employment other
than for Cause, permanent disability, or death. Upon such
termination, an NEO would be entitled to the following:
•A payment equal to one and a half times his or her base salary
and one and a half times his or her target annual bonus (two times
base salary and two times target annual bonus for
Mr. Gursahaney).
•Continued participation in the Company’s medical, dental and
health care reimbursement account coverage for 12 months
following termination of employment (or until the NEO commences
employment by another company and becomes eligible for
coverage under the new employer’s plans), subject to the NEO’s
payment of the employee portion of such coverage.
•To the extent the NEO has not become eligible for medical, dental
and health care reimbursement account coverage by a new
employer after the 12-month period following termination of
employment, a cash payment equal to the projected value of the
employer portion of the premiums for such coverage for an
additional period up to 12 months.
•At the Company’s discretion and subject to the Officer Bonus
Plan, a pro-rata bonus for the year of termination based on the
actual performance of the Company and paid when bonuses are
paid to other participants in the plan.
•At the Company’s discretion, outplacement services for a period
not to exceed 12 months following the termination of employment.
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