Ally Bank 2011 Annual Report Download - page 251

Table of Contents
Ally Financial Inc. • Form 10−K
All Other Compensation in 2011 Michael A.
Carpenter Jeffrey J. Brown Thomas Marano Barbara Yastine William Muir James G. Mackey
Financial counseling (a) $ 3,500 $ 3,500 $ 3,500 $ — $ — $ 3,500
Liability insurance (b) 425 425 425 425 1,100 425
Total perquisites 3,925 3,925 3,925 425 1,100 3,925
Life insurance (c) 14,652 1,184 3,025 3,025 4,995 1,228
401(k) matching contribution (d) 24,500 24,500 24,500 24,500 24,500 24,500
Total all other compensation $ 43,077 $ 29,609 $ 31,450 $ 27,950 $ 30,595 $ 29,653
(a) We provide a taxable allowance to certain senior executives for financial counseling and estate planning services with one of several approved providers. The NEOs are provided an
enhanced financial and estate planning service. This program does not provide for tax preparation services. Costs associated with this benefit are reflected in the table above, based
on the actual charge for the services received. Any taxes assessed on the imputed income for the value of this service are the responsibility of the executive.
(b) Represents the total cost of liability insurance for 2011.
(c) Represents the total cost of life insurance for 2011.
(d) Represents the employer contribution, Company match contribution, and discretionary contribution made to the employees' 401(k) fund.
Grants of Plan−based Awards in 2011 — Estimated Future Payments under Equity Incentive Plan Awards
The following table represents Ally DSU and IRSU awards, which are stated in phantom shares.
Name Award Grant date (a) All other stock awards: number of shares or unit of stock (b)
Grant date
fair value
of stock or unit awards
($)(c)
Michael A. Carpenter DSU — 825.8 8,000,000
IRSU 12/19/2011 187.5 1,500,000
Jeffrey J. Brown DSU — 242.6 2,350,000
IRSU 12/19/2011 174.2 1,393,678
Thomas Marano DSU — 488.8 4,735,633
IRSU 12/19/2011 333.5 2,667,816
Barbara Yastine DSU — 295.0 2,858,238
IRSU 12/19/2011 216.1 1,729,119
William Muir DSU — 199.4 1,931,520
IRSU 12/19/2011 152.0 1,215,760
James G. Mackey DSU — 139.8 1,353,825
IRSU 12/19/2011 119.0 951,913
(a) The DSU awards are granted ratably in each pay period.
(b) The award grants are expressed as phantom shares of Ally Financial.
(c) The grant date fair value amounts shown do not reflect realized cash compensation by the NEOs, which is described in the Stock Awards Vested Table for the awards. The value
shown represents the computed fair value at the date of grant of each award, which was $10,341.91 per share for each award from January 1, 2011 through September 29, 2011. The
grant date fair value for awards granted between September 30, 2011 through December 30, 2011 was $8,000.00 per share. For a further discussion of the valuation of equity
awards, see footnote (a) in the Outstanding Equity Awards at 2011 Fiscal Year End − Stock Awards section below and Note 26 to our Consolidated Financial Statements.
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