GNC 2010 Annual Report Download - page 153

Table of Contents
Imputed Value for
Life Insurance Payment for
Named Executive Perquisites Premiums Cancelled Optionsa Total
Officer Year ($) ($) ($) ($)
Joseph Fortunato 2009 71,562 1,014 — 72,576
2008 69,739 1,014 — 70,753
2007 94,437 552 7,165,121 7,260,110
Beth J. Kaplan 2009 138,203 552 — 138,755
2008 119,374 396 — 119,770
Michael M. Nuzzo 2009 125,108 213 — 125,321
2008 14,992 — — 14,992
Thomas Dowd 2009 43,660 355 — 44,015
2008 43,660 355 — 44,015
2007 42,643 240 985,195 1,028,078
Gerald Stubenhofer 2009 22,040 240 — 22,280
(a) Reflects payments made to certain 2009 Named Executive Officers pursuant to the terms of the Merger on March 16, 2007, for
outstanding options canceled in connection with the Merger in an amount equal to the excess, if any, of the per share merger
consideration paid in the Merger over the exercise price per share of the option, multiplied by the number of shares of GNC Parent
Corporation common stock subject to the option and subject to reduction for required withholding tax.
(6) Perquisites include cash amounts received by certain 2009 Named Executive Officers for, or in reimbursement of, supplemental medical,
supplemental retirement, parking, professional assistance, car allowance, financial services assistance and the imputed value of life
insurance premiums. With respect to our Chief Executive Officer, perquisites also include reimbursement of country club dues and
expenses. With respect to our President, perquisites also include reimbursement of housing, commuting expenses and director parking.
With respect to our Chief Financial Officer, perquisites also include reimbursement of certain state taxes.
For 2008, the following perquisites exceeded the greater of $25,000 or 10% of each 2009 Named Executive Officer's total perquisites:
• Mr. Fortunato: supplemental retirement — $25,000, professional assistance - $10,500, car allowance — $11,500, club dues —
$8,079 and financial services — $8,000;
• Ms. Kaplan: supplemental retirement — $20,000, housing allowance — $17,857 and commuting expenses — $51,517;
• Mr. Nuzzo: supplemental retirement — $2,222, professional assistance — $1,670 and reimbursement of certain state taxes —
$8,545; and
• Mr. Dowd: supplemental medical — $6,000, supplemental retirement — $10,000, professional assistance — $7,500, car
allowance — $11,500 and financial services - $8,000.
For 2009, the following perquisites exceeded the greater of $25,000 or 10% of each 2009 Named Executive Officer's total perquisites:
• Ms. Kaplan: housing allowance — $44,845 and commuting expenses — $43,166; and
• Mr. Nuzzo: reimbursement of certain state taxes — $95,568.
(7) Mr. Stubenhofer was not a named executive officer for the fiscal years ended December 31, 2007 and December 31, 2008 based on the
level of his total compensation in such years. Effective October 29, 2009, Mr. Stubenhofer's base salary was increased from $288,000 to
$320,000 per year. 147