Pizza Hut 2008 Annual Report Download - page 79

23MAR200920295069
Below is the 2008, 2007 and 2006 annual incentive awards for each named executive officer as approved by our Compensation
Committee. Also reported below is the amount of 2008, 2007 and 2006 annual incentive elected to be deferred by the executive
and the amount of matching contribution in the case of deferrals of the 2008, 2007 and 2006 annual incentive awards into RSUs.
Amount of 2008
Annual Incentive
Elected to
be Deferred
2008 Annual into the
Incentive Discount Matching
Name Award Stock Fund* Contribution*
Novak ......................................... 4,057,200 4,057,200 1,352,400
Carucci ......................................... 1,131,773 633,793 211,264
Su............................................ 1,609,598 1,609,598 536,533
Allan .......................................... 1,965,206 1,965,206 655,069
Creed .......................................... 907,494 907,494 302,498
* Amounts in these columns were deferred in January 2009 when the 2008 annual incentive was approved by the
Compensation Committee. This means they will not be reported in the Nonqualified Deferred Compensation table at
page 73 because the deferrals occurred after 2008. These amounts will be reported in the Nonqualified Deferred
Compensation tables in next year’s proxy.
Amount of 2007
Annual Incentive
Elected to
be Deferred
2007 Annual into the
Incentive Discount Matching
Name Award Stock Fund Contribution
Novak ......................................... 4,742,892 4,742,892 1,580,964
Carucci ......................................... 1,263,780 884,646 294,882
Su............................................ 1,719,900 1,719,900 573,300
Allan .......................................... 1,615,950 — —
Creed .......................................... 396,060 396,060 132,020
Amount of 2006
Proxy Statement
Annual Incentive
Elected to
be Deferred
2006 Annual into the
Incentive Discount Matching
Name Award Stock Fund Contribution
Novak ......................................... 3,347,680 3,347,680 1,115,893
Carucci ......................................... 718,200 359,100 119,700
Su............................................ 963,900 963,900 321,300
Allan .......................................... 897,600 — —
Creed .......................................... 679,587 679,587 226,529
(5) Amounts in column (g) reflect the aggregate increase in actuarial present value of age 62 accrued benefits under all actuarial
pension plans during the 2008 fiscal year (using interest rate and mortality assumptions consistent with those used in the
Company’s financial statements). See the Pension Benefits Table at page 67 for a detailed discussion of the Company’s pension
benefits. The Company does not pay ‘‘above market’’ interest on non-qualified deferred compensation; therefore, this column
reflects pension accruals only. For Mr. Creed in 2007, the actuarial present value of his accrued benefit decreased $237;
however, under SEC rules, the change is to be reflected as a ‘‘0.’’
(6) Amounts in this column are explained in the All Other Compensation Table and footnotes to that table, which follows.
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