Pizza Hut 2010 Annual Report Download - page 73

9MAR201101440694
ALL OTHER COMPENSATION TABLE
The following table contains a breakdown of the compensation and benefits included under All Other
Compensation in the Summary Compensation Table above for 2010.
Tax Insurance
Name Perquisites(1) Reimbursements(2) premiums(3) Other(4) Total
(a) (b) (c) (d) (e) (f)
Novak 247,430 — 87,640 3,713 338,783
Carucci 27,500 — 19,213 11,500 58,213
Su 252,487 595,801 24,445 37,171 909,904
Allan 27,500 — 22,028 13,803 63,331
Bergren 27,500 6,488 28,108 355,717 417,813
(1) Amounts in this column include for Mr. Novak: incremental cost for the personal use of Company
aircraft ($247,430)—we calculate the incremental cost to the Company of any personal use of
Company aircraft based on the cost of fuel, trip-related maintenance, crew travel, on board
catering, landing and license fees, ‘‘dead head’’ costs of flying planes to and from locations for
personal use, and contract labor; for Messrs. Carucci, Allan and Bergren: Company car allowance
($27,500); for Mr. Su: expatriate spendables/housing allowance ($211,401); and Company car
allowance ($41,086), which includes depreciation, the cost of fuel, repair and maintenance,
insurance and taxes.
(2) Amounts in this column reflect payments to the executive of tax reimbursements. For Mr. Su, as
explained at page 46, this amount represents the Company provided tax reimbursement for China
income taxes incurred on deferred income distributions and stock option exercises which exceed the
marginal Hong Kong tax rate. For Mr. Bergren this amount represents reimbursement on taxes for
his Company sponsored country club membership. Beginning in 2011, the Company will not
reimburse NEOs for taxes incurred on country club memberships.
(3) These amounts reflect the income each executive was deemed to receive from IRS tables related to
Company provided life insurance in excess of $50,000 and from premiums paid by the Company for
Proxy Statement
additional long term disability insurance for each executive as described in more detail at page 46.
With respect to the life insurance, the Company provides every salaried employee with life
insurance coverage up to one times the employee’s salary plus target bonus. The amount of income
deemed received with respect to the life insurance for Messrs. Novak, Carucci, Su, Allan and
Bergren was $18,030, $5,018, $10,885, $10,428 and $19,442 respectively. The additional long term
disability premiums made on behalf of Messrs. Novak, Carucci, Su, Allan and Bergren were
$69,610, $14,195, $13,560, $11,600 and $8,666 respectively.
(4) Except in the case of Mr. Bergren, this column reports the total amount of other benefits provided,
none of which individually exceeded the greater of $25,000 or 10% of the total amount of these
benefits and the perquisites and other personal benefits shown in column (b) for each NEO. These
other benefits include: home security expense, perquisite allowance, relocation expenses, annual
payment for foreign service, club dues, tax preparation assistance, Company provided parking,
personal use of Company aircraft and annual physical. For Mr. Bergren, this column also includes
Company annual contributions of $336,700 to an unfunded, unsecured account based retirement
plan called the Leadership Retirement Plan.
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