SanDisk 2013 Annual Report Download - page 26
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(3) The following table presents the number of outstanding and unexercised option awards and the number of
unvested stock awards held by each of the Company’s Non-Employee Directors as of December 29, 2013:
Number of Shares Subject to Number of Unvested
Outstanding Option Awards Shares or Units
Director as of 12/29/13 as of 12/29/13
Michael E. Marks .................... 25,000 1,356
Kevin DeNuccio ..................... 25,000 1,356
Irwin Federman ..................... 31,250 1,356
Steven J. Gomo ..................... 25,000 1,356
Eddy W. Hartenstein .................. 12,500 1,356
Dr. Chenming Hu .................... 25,000 1,356
Catherine P. Lego .................... 37,500 1,356
D. Scott Mercer ..................... 4,708 1,580
(4) Includes dividends accrued on unvested RSUs during fiscal year 2013.
(5) Mr. DeNuccio resigned from the Board, effective February 3, 2014.
(6) Includes pro rata fee of $1,532 which was earned by Mr. Gomo for his Compensation Committee service in the
fourth quarter of fiscal year 2013, which was paid to Mr. Gomo in March 2014.
(7) This amount includes compensation earned by Dr. Hu pursuant to a Consulting Services Agreement with the
Company, as discussed below in ‘‘Certain Transactions and Relationships.’’
(8) Includes pro rata fees of $3,132 and $1,044, which were earned by Mr. Mercer for his Board service and Audit
Committee service, respectively, in the third quarter of fiscal year 2013.
Elements of Director Compensation
Compensation for Non-Employee Directors during fiscal year 2013 generally consisted of annual
retainers and annual share-based awards. The Compensation Committee, consisting solely of independent
directors, has the primary responsibility for reviewing and considering any revisions to Non-Employee
Director compensation, and recommending any such revisions to the Board for review. The Compensation
Committee periodically reviews Non-Employee Director compensation. In such review, the Compensation
Committee may review and consider data regarding the competitiveness of the Company’s Non-Employee
Director compensation program relative to the Company’s peer companies and general industry trends,
which data may be compiled by the Company’s management and/or with the assistance of a compensation
consultant. The Board reviews the Compensation Committee’s recommendations and determines the
amount of director compensation.
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