Energy Transfer 2015 Annual Report Download - page 141

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Table of Contents
Compensation Tables
Summary Compensation Table
Name and Principal
Position
Year
Salary
($)
Bonus (1)
($)
Equity
Awards (2)
($)
Option
Awards
($)
Non-Equity
Incentive Plan
Compensation
($)
Change in Pension
Value and
Nonqualified
Deferred
Compensation
Earnings (3)
($)
All Other
Compensation (4)
($)
Total
($)
Kelcy L. Warren (5)
2015
$ 6,338
$ —
$ —
$ —
$ —
$ —
$ —
$ 6,338
Chief Executive
Officer
2014
6,921
6,921
2013
5,814
5,814
Thomas E. Long
2015
399,207
480,296
1,447,063
14,282
2,340,848
Chief Financial
Officer
2014
326,221
391,465
777,850
14,032
1,509,568
2013
322,700
322,700
682,551
13,822
1,341,773
Martin Salinas, Jr.
2015
189,230
4,368,588
4,557,818
Former Chief
Financial Officer
2014
455,625
546,750
1,345,143
15,468
21,795
2,384,781
2013
437,019
524,423
1,861,698
56,036
26,136
2,905,312
Matthew S. Ramsey (6)
2015
72,115
200,000
2,749,161
2,587
3,023,863
President and Chief
Operating Officer
Marshall S. (Mackie)
McCrea, III
2015
840,385
1,294,192
6,646,354
14,282
8,795,213
Group Chief
Operating Officer
and Chief
Commercial
Officer
2014
800,000
1,120,000
5,829,111
14,072
7,763,183
2013
772,115
1,080,961
6,715,336
13,323
8,581,735
Thomas P. Mason
2015
557,615
6,300,000
2,253,927
14,282
9,125,824
Executive Vice
President and
General Counsel
2014
550,000
687,500
2,009,668
37,576
3,284,744
2013
517,308
646,635
2,308,057
36,923
3,508,923
Michael J. Hennigan (7)
2015
611,537
856,152
3,009,815
16,770
4,494,274
President and Chief
Operating Officer
of Sunoco Partners
LLC
2014
600,000
810,000
3,941,118
263,923
27,192
5,642,233
2013
574,750
810,000
5,242,400
31,087
6,658,237
(1) The discretionary cash bonus amounts for our named executive officers for 2015 reflect cash bonuses approved by the Compensation Committee in
February 2016 that are expected to be paid in March 2016.
(2) Equity award amounts reflect the aggregate grant date fair value of unit awards granted for the periods presented, computed in accordance with FASB
ASC Topic 718. For Messrs. Long, McCrea and Mason, amounts include equity awards of our subsidiaries and affiliates, as reflected in the Grants of
Plan-Based Awards Table.” See Note 9 to our consolidated financial statements for additional assumptions underlying the value of the equity awards.
(3) During 2015, Mr. Hennigan had a loss of $139,657 under the Sunoco DC Plan and Mr. Salinas had a loss of $3,676 under the DC Plan.
(4) The amounts reflected for 2015 in this column include (i) severance payments to Mr. Salinas of $854,250 upon his resignation on April 30, 2015, (ii) the
realized fair value of awards that vested upon Mr. Salinas’ resignation of $3,505,828 for ETP awards and $1,347,358 for Sunoco Logistics awards, (iii)
matching contributions to the 401(k) plan made by ETP on behalf of the named executive officers of $8,427 for Mr. Salinas, $2,404 for Mr. Ramsey,
$11,538 for Mr. Hennigan and $13,250 each for Messrs. Long, McCrea and Mason, (iv) expenses paid by us for housing for Messrs. Salinas and Mason
near our executive office in Dallas and (v) the dollar value of life insurance premiums paid for the benefit of the named executive officers. The amounts
deferred by the executive officers under the applicable 401(k) plan are fully vested at all times.
(5) Mr. Warren voluntarily determined that his salary would be reduced to $1.00 per year (plus an amount sufficient to cover his allocated payroll
deductions for health and welfare benefits). He does not accept a cash bonus or any equity awards under the equity incentive plans.
(6) Mr. Ramsey serves as a member of the board of directors of ETE, the owner of our General Partner. Mr. Ramseys other compensation does not include
$104,400 of director fees paid in cash by ETE during 2015. Mr. Ramsey was also a non-
135