SanDisk 2007 Annual Report Download - page 15

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DIRECTOR COMPENSATION — FISCAL 2007
The following table presents information regarding the compensation paid during fiscal 2007 to individuals
who were members of our Board of Directors at any time during fiscal 2007 and who were not also our employees
(referred to herein as “Non-Employee Directors”). The compensation paid to any director who was also one of our
employees during fiscal 2007 is presented below in the Summary Compensation Table — Fiscal 2006 and 2007 and
the related explanatory tables. Such employee-directors are generally not entitled to receive additional compen-
sation for their services as directors.
Name
(a)
Fees
Earned or
Paid in
Cash
($)
(b)
Stock
Awards
($)(1)(2)(3)
(c)
Option
Awards
($)(1)(2)(3)
(d)
All Other
Compensation
($)
(e)
Total
($)
(f)
Irwin Federman ....................... 72,000 77,517 192,363 — 341,880
Steven J. Gomo ....................... 60,000 126,890 168,045 — 354,935
Eddy W. Hartenstein .................... 47,500 153,318 309,144 — 509,962
Catherine P. Lego ...................... 70,000 77,517 716,324 — 881,341
Michael E. Marks ...................... 59,500 77,517 663,628 — 800,645
Dr. James D. Meindl .................... 47,500 77,517 192,363 — 317,380
(1) The amounts reported in columns (c) and (d) above reflect the aggregate dollar amounts recognized for stock
awards and option awards, respectively, for financial statement reporting purposes with respect to fiscal 2007
(disregarding any estimate of forfeitures related to service-based vesting conditions). For a discussion of the
assumptions and methodologies used to calculate the amounts reported in columns (c) and (d) above, please see
the discussion of stock and option awards contained in Note 8 (“Compensation and Benefits”) to the Company’s
Consolidated Financial Statements, included as part of the Company’s 2007 Annual Report filed on Form 10-K,
which note is incorporated herein by reference.
(2) As described below, in fiscal 2007 we granted each of our Non-Employee Directors an award of 6,250 stock
options and 1,842 restricted stock units. Each of the stock option awards had a value (for financial statement
reporting purposes) equal to $86,374 on the grant date, and each of the restricted stock unit awards had a value
(for financial statement reporting purposes) equal to $77,364 on the grant date. See footnote (1) above for the
assumptions used to value these awards.
(3) The following table presents the number of outstanding and unexercised option awards and the number of
unvested stock awards (which term includes restricted stock units for purposes of this Proxy Statement) held by
each of our Non-Employee Directors as of December 31, 2007.
Director
Number of Shares Subject to
Outstanding Option Awards
as of 12/31/07
Number of Unvested
Shares or
Units as of 12/31/07
Irwin Federman ............................ 18,750 8,092
Steven J. Gomo ............................ 31,250 23,868
Eddy W. Hartenstein ........................ 37,500 23,658
Catherine P. Lego .......................... 116,750 40,092
Michael E. Marks .......................... 114,750 8,092
Dr. James D. Meindl ........................ 82,750 8,092
12