Starwood 2007 Annual Report Download - page 46

discloses the value realized by the Named Executive Officer for each such event, calculated prior to the deduction of
any applicable withholding taxes and brokerage commissions.
Name
Number of
Shares Acquired
Upon Exercise
(#)
Value Realized
on Exercise
($)
Number of Shares
Acquired Upon
Vesting
(#)
Value Realized
on Vesting
($)
Option Awards Stock Awards
Van Paasschen ............. — — — —
Ouimet ................... — — — —
Prabhu ................... — — 32,629 2,158,505
Siegel .................... 97,508 2,843,121 14,177 958,365
Gellein ................... — — 78,582 4,563,945
Duncan ................... — — 7,371 432,604
Heyer .................... — — 73,959 4,578,667
VIII. NONQUALIFIED DEFERRED COMPENSATION
The Company’s Deferred Compensation Plan (the “Plan”) permits eligible executives, including our Named
Executive Officers, to defer up to 100% of their Executive Plan or AIP bonus, as applicable, and up to 75% of their
base salary for a calendar year. The Company does not contribute to the Plan. Prior to his departure, Mr. Heyer made
deferrals under the Plan, but no other Named Executive Officer has made deferrals under the Plan. Following his
departure from the Company, Mr. Heyer received a distribution in October 2007 in accordance with his elections at
the time of deferral. The general terms of the Plan are described below (different rules apply to amounts deferred
prior to 2005).
Name
Executive
Contributions
in Last FY
($)
Registrant
Contributions
in Last FY
($)
Aggregate
Earnings
in Last FY
($)
Aggregate
Withdrawals/
Distributions
($)
Aggregate
Balance at
Last FYE
($)
Van Paasschen ............ — — — — —
Ouimet .................. — — — — —
Prabhu .................. — — — — —
Siegel ................... — — — — —
Gellein .................. — — — — —
Duncan.................. — — — — —
Heyer ................... — — — 1,425,280 —
Deferral elections are made in December for base salary paid in pay periods beginning in the following
calendar year. Deferral elections are made in June for annual incentive awards that are earned for performance in
that calendar year. Deferral elections are irrevocable.
Elections as to the time and form of payment are made at the same time as the corresponding deferral election.
A participant may elect to receive payment on February 1 of a calendar year while still employed or either 6 or
12 months following employment termination. Payment will be made immediately in the event a participant
terminates employment on account of death, disability or on account of certain changes in control. A participant
may elect to receive payment of his account balance in either a lump sum or in annual installments, so long as the
account balance exceeds $50,000; otherwise payment will be made in a lump sum.
If a participant elects an in-service distribution, the participant may change the scheduled distribution date or
form of payment so long as the change is made at least 12 months in advance of the scheduled distribution date. Any
such change must provide that distribution will commence at least five years later than the scheduled distribution
date. If a participant elects to receive distribution upon employment termination, that election and the corre-
sponding form of payment election are irrevocable. Withdrawals for hardship that results from an unforeseeable
emergency are available, but no other unscheduled withdrawals are permitted.
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