Pizza Hut 2008 Annual Report Download - page 91

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23MAR200920295069
Executive Registrant Aggregate Aggregate Aggregate
Contributions Contributions Earnings in Withdrawals/ Balance at
in Last FY in Last FY Last FY Distributions Last FYE
Name ($)(1) ($)(2) ($)(3) ($)(4) ($)(5)
(a) (b) (c) (d) (e) (f)
Novak 4,742,892 1,580,964 (11,441,052) 124,155 64,915,011
Carucci 1,263,780 294,882 (1,100,283) 16,043 5,928,835
Su 1,719,900 573,300 (597,360) 995,133 3,400,916
Allan (970,249) 171,761 5,104,620
Creed 396,060 132,020 (389,201) 262,296 2,174,738
(1) Amounts in this column reflect amounts that were also reported as compensation in our Summary
Compensation Table filed last year or would have been reported as compensation in our Summary
Compensation Table last year if the executive were a named executive officer.
(2) Amounts in this column reflect the Company’s contribution to the EID Program which is discussed
beginning on page 71. The amounts represent the value of the matching contributions on RSUs
awarded to executives and credited to their deferral account under the program in 2008 as a result of
their election to defer their 2007 annual incentive award into RSUs.
(3) Amounts in this column reflect earnings during the last fiscal year on deferred amounts. All earnings
are based on the investment alternatives offered under the EID Program described in the narrative
above this table. Since these earnings are market based returns, they are not reported in the Summary
Compensation Table.
(4) All amounts shown were distributed in accordance with the executive’s deferral election, except in the
case of the following amounts distributed to pay payroll taxes due upon vesting of RSUs under the
EID Program during the year:
Novak ..................... $ 68,703
Carucci .................... $ 6,986
Allan ...................... $ 16,399
Creed ..................... $ 15,039
Proxy Statement
(5) Amounts reflected in this column are the year-end balances for each executive under the EID
Program. As required under SEC rules, below is the portion of the year-end balance for each
executive which has previously been reported as compensation to the executive in the Company’s
Summary Compensation Table for 2008 and prior years or would have been reported as compensation
if the executive had been a named executive officer in those previous years.
Novak ..................... $30,821,265
Carucci .................... $ 4,638,520
Su........................ $ 4,215,900
Allan ...................... $ 2,463,695
Creed ..................... $ 1,958,565
The difference between these amounts and the amount of the year-end balance for each executive
represents the total aggregate earnings accumulated under the program with respect to that compensation.
POTENTIAL PAYMENTS UPON TERMINATION OR CHANGE IN CONTROL
The information below describes and quantifies certain compensation that would become payable
under existing plans and arrangements if the named executive’s employment had terminated on
December 31, 2008, given the named executive’s compensation and service levels as of such date and, if
applicable, based on the Company’s closing stock price on that date. These benefits are in addition to
73