Hertz 2014 Annual Report Download - page 251

Table of Contents

 

The following table, or the “Summary Compensation Table,” summarizes the compensation earned in each of the fiscal years noted by our NEOs.


















‑














John P. Tague

2014

145,000

108,750

—

3,571,000

—

—

51,764

3,876,514




















Thomas C.
Kennedy

2014

660,000

326,835

1,607,239

—

280,500

—

537,226

3,411,800



2013

38,077

—

341,576

—

48,165

—

—

427,818
Brian P. MacDonald

2014

634,616

125,000

3,015,370(5)

—

834,493

—

157,154

4,766,633








































Michel Taride(6)

2014

633,322

—

1,315,004

—

59,638

663,898

68,809

2,740,671

‑‑

2013

587,735

—

1,266,586

—

498,200

210,381

89,940

2,652,842


2012

579,431

—

1,058,954

—

498,873

323,591

360,253

2,821,102
Robert J. Stuart

2014

502,308

—

1,168,887

—

38,703

267,200

41,683

2,018,781






































Richard D. Broome

2014

391,404

—

535,738

—

28,219

164,100

73,181

1,192,642









































Mark P. Frissora

2014

1,037,308

—

6,769,870

—

178,047

52,700

10,815,109

18,853,034



2013

1,423,750

—

8,174,233

—

2,748,734

2,835,800

1,156,042

16,338,559


2012

1,308,750

—

6,452,426

—

4,211,096

1,952,200

592,796

14,517,268
Scott P. Sider

2014

431,539

—

3,250,070(7)

—

33,406

37,800

2,785,116

6,537,931


‑‑

2013

645,000

—

2,200,844

—

437,861

1,414,200

184,373

4,882,278


2012

587,500

—

1,576,449

—

775,609

1,754,900

24,904

4,719,362
J. Jeffrey
Zimmerman

2014

511,077

—

2,253,006(7)

—

40,696

181,000

1,732,759

4,718,538



2013

515,000

—

1,308,461

—

462,072

314,500

611,632

3,211,665


2012

487,625

—

939,158

—

643,096

359,600

22,486

2,451,965
(1) The value for each of the years in this Summary Compensation Table reflects the full grant date fair value. These amounts were computed pursuant to FASB ASC Topic
718. Assumptions used in the calculation of these amounts are included in the note entitled “Stock‑Based Compensation” in the notes to our Company’s consolidated
financial statements in our Form 10‑K for the fiscal year ended December 31, 2014. Vesting of the Corporate EBITDA PSUs granted in 2014 were subject to our
achievement of certain pre‑determined financial performance goals during 2014 and subject to upward adjustment based on financial performance goals for combined
2014‑2015. The “Stock Awards” column above reflects the grant date fair values of the target number of PSUs that were eligible to vest based on our financial performance
goals for 2014, which for accounting purposes is the probable outcome (determined as of the grant date) of the performance‑based condition applicable to the grant. This
column also reflects the grant date fair value of the Corporate EBITDA margin‑based PSUs also granted in 2014. The following table below presents the aggregate grant
date fair value of the Corporate EBITDA PSUs grants assuming that (i) the actual outcome occurred, a 0% payout, and the awards were not subject to increase based on
combined 2014‑2015 financial performance and (ii) the highest level of performance condition would be achieved, resulting in a 150% payout.
239
Source: HERTZ GLOBAL HOLDINGS INC, 10-K, July 16, 2015 Powered by Morningstar® Document Research℠
The information contained herein may not be copied, adapted or distributed and is not warranted to be accurate, complete or timely. The user assumes all risks for any damages or losses arising from any use of this information,
except to the extent such damages or losses cannot be limited or excluded by applicable law. Past financial performance is no guarantee of future results.