Kodak 2006 Annual Report Download - page 205

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0
GRANTS OF PLAN-BASED AWARDS TABLE
The compensation plans under which the grants were made in 2006 that are shown in the following table include the Company’s annual bonus plan
(EXCEL), the 2005 Omnibus Long-Term Compensation Plan, which provides for the grant of stock options, restricted stock grants and performance
stock units, and any individual non-equity incentive bonus plan in which a Named Executive Officer participated.
(1) For awards granted as Leadership Stock and under the EXCEL plan, participants can earn any amount between zero and the maximum bonus
payable, depending on performance.
(2) The maximum amounts available to our Named Executive Officers disclosed above represent the maximum payout allowed under Section 162(m)
for each Named Executive Officer. The maximum amount is determined as the lesser of: 1) 10% of the corporate funding pool; 2) 500% of his
or her annual base salary as of December 31, 2005; or 3) $5 million. Note that amounts shown exclude the 10% bonus pool limit, since it is not
determinable at the beginning of the year.
(3) For awards granted under Mr. Langley’s Individual Bonus Plan in 2006, he can earn any amount between zero and the maximum bonus payable.
Estimated Future Payouts Under
Non-Equity Incentive Plan Awards
Board Grant
Name Award Description Approval Date Date Threshold Target Maximum
($) ($) ($)
A. M. Perez 2006 Option Grant 12/12/06 12/12/06
2006-2007 LS 12/6/05 1/1/06
2006 EPSP 5/10/06 5/12/06
EXCEL Bonus (2) 3/27/06 3/27/06 (1) $ 1,705,000 $ 5,000,000
F. S. Sklarsky 2006 Option Grant 12/12/06 12/12/06
NH Award 9/26/06 10/30/06
EXCEL Bonus 3/27/06 3/27/06 75,000 3,000,000
(Pro-Rated) (2)
R. H. Brust 2006-2007 LS 12/6/05 1/1/06
2006 EPSP 5/10/06 5/12/06
EXCEL Bonus (2) 3/27/06 3/27/06 (1) 538,560 3,740,000
J. T. Langley 2006 Option Grant 12/12/06 12/12/06
2006-2007 LS 12/6/05 1/1/06
2006 EPSP 5/10/06 5/12/06
EXCEL Bonus (2) 3/27/06 3/27/06 (1) 310,000 2,500,000
Indiv. Bonus Plan 2/20/06 1/1/06 (3) 500,000 500,000
P. J. Faraci 2006 Option Grant 12/12/06 12/12/06
Spec. Option Grant 1/31/06 2/1/06
2006-2007 LS 12/6/05 1/1/06
2006 EPSP 5/10/06 5/12/06
EXCEL Bonus (2) 3/27/06 3/27/06 (1) 322,400 2,600,000
M. J. Hellyar 2006 Option Grant 12/12/06 12/12/06
2006-2007 LS 12/6/05 1/1/06
2006 EPSP 5/10/06 5/12/06
Retention Grant 7/17/06 7/17/06
EXCEL Bonus (2) 3/27/06 3/27/06 (1) 303,800 2,400,000
Former Executive
D. T. Meek 2006-2007 LS (4) 12/6/05 1/1/06
2006 EPSP (4) 5/10/06 5/12/06
Indiv. Bonus Plan 7/19/05 1/9/06 (5) 465,000 1,395,000
EXCEL Bonus (2) (6) 3/27/06 3/27/06 (1) 310,000 2,500,000