GNC 2011 Annual Report Download - page 146

Table of Contents
The components of all other compensation for our Named Executive Officers for each of the last three fiscal years are set forth in the following table:(4)
Named Executive Officer Year
Perquisites
($)
Imputed Value
for Life
Insurance
Premiums
($)
Payment for
Cancelled
Options(a)
($)
Total
($)
Joseph Fortunato 2010 103,401 1,032 36,486 140,919
2009 71,562 1,014 — 72,576
2008 69,739 1,014 126,573 197,326
Michael M. Nuzzo 2010 32,300 240 — 32,540
2009 125,108 213 — 125,321
2008 14,992 — — 14,992
Beth J. Kaplan 2010 133,577 552 — 134,129
2009 138,203 552 — 138,755
2008 119,374 396 — 119,770
David P. Berg 2010 113,212 85 — 113,297
Thomas Dowd 2010 46,300 360 5,017 51,677
2009 43,660 355 — 44,015
2008 43,660 355 17,404 61,419
Reflects payments made in connection with the Merger of additional consideration in lieu of income tax payments in respect of net operating
losses created as a result of the Merger to each of Messrs. Fortunato and Dowd, based on the number of outstanding vested option shares held by
Messrs. Fortunato and Dowd as of the Merger.
(a)
Perquisites include cash amounts received by certain of the 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 and payment of term life insurance premiums. With respect to our President,
perquisites also include reimbursement of housing and commuting expenses. With respect to our Chief Operating Officer, perquisites also include reimbursement of
temporary housing, travel and relocation expenses and certain state taxes.
For 2008, no individual perquisite received by Messrs. Nuzzo or Dowd equaled or exceeded the greater of $25,000 or 10% of his respective total perquisites. With
respect to Mr. Fortunato and Ms. Kaplan, the following perquisites exceeded the greater of $25,000 or 10% of their respective total perquisites:
Mr. Fortunato received a supplemental retirement benefit in the amount of $25,000; and
Ms. Kaplan received reimbursement of commuting expenses in the amount of $51,517.
For 2009, no individual perquisite received by Mr. Fortunato or Mr. Dowd equaled or exceeded the greater of $25,000 or 10% of his respective total
perquisites. With respect to Ms. Kaplan and Mr. Nuzzo, the following perquisites exceeded the greater of $25,000 or 10% of her or his respective total
perquisites:
Ms. Kaplan received reimbursement of housing expenses in the amount of $44,845 and reimbursement of commuting expenses in the amount $43,166; and
Mr. Nuzzo received reimbursement of certain state taxes in the amount of $95,568.
For 2010, no individual perquisite received by Mr. Fortunato, Mr. Dowd or Mr. Nuzzo equaled or exceeded the greater of $25,000 or 10% of his respective
total perquisites. With respect to Ms. Kaplan and Mr. Berg, the following perquisites exceeded the greater of $25,000 or 10% of her or his respective total
perquisites:
Ms. Kaplan received reimbursement of housing expenses in the amount of $42,894 and reimbursement of commuting expenses in the amount of $40,683;
and
Mr. Berg received reimbursement of relocation expenses in the amount of $57,896 and reimbursement of certain state taxes in the amount of $23,016.
Mr. Berg was hired effective August 31, 2009 and was not a named executive officer for the fiscal year ended December 31, 2009 based on the level of his total
compensation in such year.
(5)
•
•
•
•
•
•
(6)
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