Ally Bank 2012 Annual Report Download - page 223

221
All Other Compensation in 2012
Michael A.
Carpenter Jeffrey J. Brown Barbara Yastine William Muir James G. Mackey Thomas Marano
Financial counseling (a) $ 3,500 $ 3,500 $ — $ — $ 3,439 $ 3,500
Liability insurance (b) 425 425 425 825 425 425
Wellness credit (c) — — — — 150 —
Total perquisites 3,925 3,925 425 825 4,014 3,925
Life insurance (d) 28,194 1,242 3,174 5,898 1,890 3,174
401(k) matching contribution (e) 25,000 25,000 25,000 25,000 25,000 20,000
Total all other compensation $ 57,119 $ 30,167 $ 28,599 $ 31,723 $ 30,904 $ 27,099
(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. 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 2012.
(c) Represents a $150 wellness credit for participating in and completing various wellness initiatives as part of a company-wide wellness program.
(d) Represents the total cost of life insurance for 2012.
(e) Represents the employer contribution, Company match contribution, and discretionary contribution made to the employees' 401(k) fund.
Grants of Plan-based Awards in 2012 — Estimated Future Payments under Equity Incentive Plan Awards
The following table represents Ally DSU awards, which are stated in phantom shares.
Name
Awards made:
January 1, 2012 - May
31, 2012 (a)
Awards made:
June 1, 2012 -
December 31, 2012 (a) Total 2012 ($) (a)
Michael A. Carpenter 463.3 609.0 9,500,000
Jeffrey J. Brown 114.6 311.5 3,797,892
Barbara Yastine 139.4 375.3 4,587,357
William Muir 101.0 280.4 3,400,000
James G. Mackey 70.7 204.1 2,450,000
Thomas Marano 210.7 — 1,821,397
(a) For all NEOs, DSU awards were granted ratably during the respective periods.
Name Award All other stock awards: number of shares or unit of stock (b) (c)
Grant date
fair value
of stock or unit awards
($)(d)
Michael A. Carpenter DSU 1,072.3 9,500,000
Jeffrey J. Brown DSU 426.1 3,797,892
Barbara Yastine DSU 514.7 4,587,357
William Muir DSU 381.4 3,400,000
James G. Mackey DSU 274.8 2,450,000
Thomas Marano DSU 210.7 1,821,397
(b) For Mr. Marano, all 210.7 shares were granted prior to May 14, 2012. Amounts exclude deferred cash granted in lieu of DSUs after May 14, 2012
pursuant to the request of the ResCap Board of Directors, the Special Master's November 30, 2012 Supplemental Determination Letter, and disclosure to
the Bankruptcy Court.
(c) The award grants are expressed as phantom shares of Ally.
(d) 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 $8,500 per share for each award from
January 1, 2012 through March 31, 2012. The grant date fair value for awards granted between April 1, 2012 through December 31, 2012 was $9,000 per
share. For a further discussion of the valuation of equity awards, see footnote (a) in the Outstanding Equity Awards at 2012 Fiscal Year End - Stock
Awards section below and Note 24 to our Consolidated Financial Statements.
Table of Contents Ally Financial Inc. • Form 10-K