SkyWest Airlines 2015 Annual Report Download - page 143

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The table below shows the funds available under the ExpressJet Deferred Compensation Plan, and the annual
rate of return for the calendar year ended December 31, 2015:
Name of Fund Rate of Return
American Century Equity Income-Inst ................................................... 0.31%
American Century International Growth-Inst .............................................. 0.83%
American Century Premium Money Market-Inv ........................................... 0.01%
American Century Strategic Alloc Aggressive-Inv.......................................... -1.36%
American Century Strategic Alloc Conservative-Inv ........................................ -1.37%
American Century Strategic Alloc Moderate-Inv ........................................... -1.78%
American Century Value-Inst ........................................................... -4.37%
Buffalo Small Cap .................................................................... -4.47%
JPMorgan Equity Index-Select .......................................................... 1.2%
JPMorgan Large Cap Growth-R6 ........................................................ 7.94%
Potential Payments upon Termination or Change in Control
The information below describes and quantifies certain payments or benefits that would be payable under the
existing plans and programs of the Company and its subsidiaries if an Executive’s employment had terminated on
December 31, 2015, or the Company had undergone a change in control on December 31, 2015. These benefits are in
addition to benefits generally available to all salaried employees of the Company in connection with a termination of
employment, such as distributions from the 401(k) Plans, disability and life insurance benefits, the value of
employee-paid group health plan continuation coverage under the Consolidated Omnibus Reconciliation Act, or
“COBRA” and accrued vacation pay. Except as noted below, the Executives do not have any other severance benefits,
severance agreements or change-in-control agreements.
Accelerated Vesting of Stock Options and Stock Awards Upon Change In Control. Under the Company’s
long-term incentive plans, all outstanding stock options, restricted stock units, performance shares and performance units
held by an Executive on December 31, 2015, would have become fully vested upon a “change in control” occurring on
that date without regard to whether the Executive terminated employment in connection with or following the change in
control subject to the Compensation Committee approval. The Company’s long-term incentive plans generally define a
“change in control” as any of the following events: (i) the acquisition by any person of 50% or more of the Company’s
voting shares, (ii) replacement of a majority of the Company’s directors within a two-year period under certain
conditions, or (iii) shareholder approval of a merger in which the Company is not the surviving entity, sale of
substantially all of the Company’s assets or liquidation.
The following table shows for each Executive the intrinsic value of his unvested stock options, unvested
restricted stock units, performance shares and performance units payable in cash, as of December 31, 2015, that would
have been accelerated had a change in control of the Company occurred on that date, calculated in the case of restricted
stock units, performance shares and stock options, by multiplying the number of underlying shares by the closing price