SkyWest Airlines 2011 Annual Report Download - page 145

SUMMARY COMPENSATION TABLE
The table below summarizes the total compensation paid to or earned by each of the Executives
for the years indicated.
(a) (b) (c) (d) (e) (f) (g) (h) (i)
Bonus and
Non-Equity
Discretionary Stock Option Incentive Plan All Other
Name and Principal Salary Bonus Awards Awards Compensation Compensation Total
Position Year ($) ($)(1) ($)(2) ($)(2) ($)(3) ($) ($)
Jerry C. Atkin ........ 2011 $400,000 $40,000 $300,000 $100,070 $148,000 $126,601(4) $1,114,671
Chairman and Chief 2010 $384,200 $ 0 $288,150 $288,150 $579,340 $120,487(5) $1,660,327
Executive Officer 2009 $373,000 $ 0 $251,780 $438,128 $454,054 $126,304(6) $1,643,266
Bradford R. Rich ...... 2011 $300,000 $23,000 $180,000 $ 60,042 $118,500 $ 97,857(7) $ 779,399
President 2010 $279,100 $ 0 $167,460 $167,460 $376,185 $ 95,965(8) $1,086,170
2009 $271,000 $ 0 $146,334 $254,654 $308,821 $ 95,292(9) $1,076,101
Russell A. Childs ...... 2011 $254,000 $ 0 $152,400 $ 50,836 $156,500 $ 89,179(10) $ 702,915
President and Chief 2010 $247,200 $ 0 $148,320 $148,320 $346,476 $ 89,441(11) $ 979,757
Operating Officer— 2009 $240,000 $ 0 $129,601 $225,526 $292,940 $ 89,039(12) $ 977,106
SkyWest Airlines, Inc.
Bradford R. Holt ...... 2011 $254,000 $20,000 $152,400 $ 50,836 $ 82,000 $ 80,521(13) $ 639,757
President and Chief 2010 $231,800 $15,000 $139,080 $139,080 $281,576 $ 77,148(14) $ 883,684
Operating Officer— 2009 $225,000 $25,000 $121,493 $210,105 $221,075 $ 74,780(15) $ 877,453
ExpressJet
Michael J. Kraupp ..... 2011 $172,000 $ 4,200 $ 62,350 $ 62,387 $ 71,505 $ 44,923(16) $ 417,365
Chief Financial Officer
And Treasurer
(1) Column (d) shows discretionary bonuses approved by the Compensation Committee and earned by Messrs. Atkin,
Rich, Holt and Kraupp.
(2) These columns show the full grant date fair market value of the options granted as computed under ASC Topic 718
and the expense attributable to restricted stock and restricted stock unit awards (excluding estimates for forfeitures
in case of awards with service-based vesting). These amounts do not reflect the extent to which the Executive
realized an actual financial benefit from the awards. Assumptions and methodologies used in the calculation of these
amounts are included in footnotes to the Company’s audited financial statements for the year ended December 31,
2011 which are included in the Company’s Annual Report on Form 10-K filed with the Securities and Exchange
Commission.
(3) The amounts in column (g) include the annual performance bonus amounts earned in the year indicated based on
performance in that year and paid in the subsequent year. As described in the section entitled ‘‘Compensation
Discussion and Analysis’’ above, annual performance bonuses payable to the Executives are calculated based upon
the financial performance of the Company or its subsidiaries and also the achievement of individual goals. The
target amount of each Executive’s annual performance bonus opportunity for 2011 is reported in the ‘‘Grants of
Plan-Based Awards for 2011’’ table below. The amounts of such annual performance bonuses actually earned in
2011 and paid in 2012 were: Mr. Atkin—$148,000; Mr. Rich—$118,500; Mr. Childs—$156,500; Mr. Holt—$82,000.
Mr. Kraupp’s annual performance bonus is paid quarterly rather than annually.
The amounts in column (g) also include the amounts of performance unit awards granted in 2011 and earned based
on 2011 shareholder return on equity, but payable in cash in 2014 and subject to forfeiture in the event of
termination of employment within three years of the applicable date of grant in 2011. The target amount for each
Executive’s performance unit grant for 2011 is reported in the ‘‘Grants of Plan-Based Awards for 2011’’ table below.
The amounts of those performance unit awards actually earned for 2011 were Mr. Atkin—$0; Mr. Rich—$0;
Mr. Childs—$0; Mr. Holt—$0 and Mr. Kraupp—$18,705.
(4) All other compensation for Mr. Atkin for 2011 consists of $103,157 of employer credits under the SkyWest Deferred
Compensation Plan attributable to compensation earned for 2011; $1,436 in employer-paid health insurance
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