Pizza Hut 2010 Annual Report Download - page 88

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DIRECTOR COMPENSATION
As described more fully below, this table summarizes compensation paid to each non-employee
director during 2010.
Fees Option/
Earned or Stock SAR All Other
Paid in Awards Awards Compensation
Name Cash ($) ($)(1) ($)(2)(3) ($)(4) Total ($)
(a) (b) (c) (d) (e) (f)
Dorman, David ........... 170,000 38,708 10,000 218,708
Ferragamo, Massimo ....... 170,000 38,708 — 208,708
Grissom, David ........... 190,000 38,708 20,000 248,708
Hill, Bonnie ............. 85,000 85,000 38,708 6,750 215,458
Holland, Robert .......... 170,000 38,708 — 208,708
Langone, Kenneth ......... 170,000 38,708 — 208,708
Linen, Jonathan ........... 170,000 38,708 10,000 218,708
Nelson, Thomas ........... 170,000 38,708 10,000 218,708
Ryan, Thomas ............ 180,000 38,708 5,000 223,708
Walter, Robert ............ 180,000 38,708 10,000 228,708
(1) Amounts in this column represent the grant date fair value for annual stock retainer awards
granted to directors in 2010.
(2) Amounts in this column represent the grant date fair value for annual SARs granted in fiscal
2010. These amounts do not reflect amounts paid to or realized by the director for fiscal
2010. For a discussion of the assumptions used to value the awards, see the discussion of
stock awards and option awards contained in Part II, Item 8, ‘‘Financial Statements and
Supplementary Data’’ of the 2010 Annual Report in Notes to Consolidated Financial
Statements at Note 15, ‘‘Share-based and Deferred Compensation Plans.’’
(3) At December 31, 2010, the aggregate number of options and SARs awards outstanding for
non-management directors was:
Name Options SARs
Proxy Statement
Dorman, David ........................... 10,476 18,808
Ferragamo, Massimo ....................... 19,858 18,808
Grissom, David ........................... 15,470 18,808
Hill, Bonnie .............................. 15,176 18,808
Holland, Robert ........................... 19,858 18,808
Langone, Kenneth ......................... — 18,808
Linen, Jonathan ........................... 10,476 18,808
Nelson, Thomas ........................... — 23,988
Ryan, Thomas ............................ 19,414 18,808
Walter, Robert ............................ — 12,375
Mr. Novak’s and Mr. Su’s outstanding awards are set forth on page 57.
(4) Represents amount of matching charitable contributions made on behalf of the director
under the Company’s matching gift program and/or the amount charitable contribution
made in the director’s name.
The Company uses a combination of cash and stock-based incentive compensation to attract and
retain qualified candidates to serve on the Board. In setting director compensation, the Company
considers the significant amount of time that directors expend in fulfilling their duties to the Company as
well as the skill level required by the Company of members of the Board.
Employee Directors. Employee directors do not receive additional compensation for serving on the
Board of Directors.
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