Energy Transfer 2012 Annual Report Download - page 131

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123
We do not have any non-equity incentive plans.
Narrative Disclosure to Summary Compensation Table and Grants of the Plan-Based Awards Table
A description of material factors necessary to understand the information disclosed in the tables above with respect to salaries,
bonuses, equity awards, nonqualified deferred compensation earnings, and 401(k) plan contributions can be found in the
compensation discussion and analysis that precedes these tables.
Outstanding Equity Awards at Year-End Table
Unit Awards
Name Grant Date
(1)
Equity Incentive Plan
Awards: Number of
Units That Have Not
Vested
(#) (1)
Equity Incentive
Plan Awards:
Market or Payout
Value of Units
That Have Not
Vested
($) (2)
Kelcy L. Warren N/A — $
Martin Salinas, Jr. 1/10/2013 16,667 715,514
12/20/2011 20,000 858,600
12/15/2010 12,000 515,160
12/15/2009 7,674 329,445
12/22/2008 4,000 171,720
Marshall S. (Mackie) McCrea, III 1/10/2013 33,333 1,430,986
12/20/2011 40,000 1,717,200
5/2/2011 81,600 3,503,088
1/14/2011 150,000 6,439,500
12/15/2009 8,000 343,440
12/22/2008 4,000 171,720
Thomas P. Mason 1/10/2013 30,000 1,287,900
12/20/2011 32,000 1,373,760
12/15/2010 12,000 515,160
12/15/2009 7,274 312,273
12/22/2008 4,000 171,720
10/17/2008 10,000 429,300
Richard Cargile 1/10/2013 12,000 515,160
3/14/2012 14,400 618,192
(1) Unit awards outstanding to Messrs. Salinas, McCrea, Mason and Cargile vest as follows:
At a rate of 60% in December 2015 and 40% in December 2017 for awards granted in January 2013;
Ratably in December of each year through 2016 for awards granted in December 2011 and March 2012;
Ratably in December of each year through 2015 for awards granted in December 2010, January 2011 and May 2011;
Ratably in December of each year through 2014 for awards granted in December 2009;
In December 2013 for awards granted in December 2008; and
In October 2013 for awards granted in October 2008.
(2) Market value was computed as the number of unvested awards as of December 31, 2012 multiplied by the closing price of
our Common Units on December 31, 2012.
The amounts above do not include the equity awards granted to certain named executive officers in equity of ETE held by a
partnership controlled by Mr. McReynolds. These awards are not issued pursuant to our equity incentive plans, and such awards
are in the sole discretion of Mr. McReynolds.
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