Starwood 2011 Annual Report Download - page 48

(B) This amount is an aggregate of cash incentive awards deferred in respect of the 2009 fiscal year, which
includes $51,798 deferred from a special one-time cash bonus enhancement awarded by the
Compensation Committee.
(5) The amounts reported in the “All Other Compensation” for 2011 include Company contributions to the
Company’s Savings Plan, life insurance premiums for Mr. van Paasschen and tax gross-up payments
(including a payment to Mr. van Paasschen in the amount of $18,738). Each officer’s perquisites and
personal benefits for 2011 are less than $10,000, and no other item reported in this column for 2011 has a
value that exceeds $10,000.
(6) Represents special one-time cash bonus enhancements awarded by the Compensation Committee in
recognition of 2009 accomplishments.
V. 2011 GRANTS OF PLAN-BASED AWARDS
The table below sets forth a summary of the grants of plan-based incentive awards to the Named Executive
Officers made during 2011:
Name
(listed alphabetically
by name following the
Chief Executive
Officer)(a)
Grant
date (or
year with
respect to
non-equity
incentive plan
award)(b)(1)
Compensation
Committee
Approval
date
(c)(1)
Estimated Future Payouts Under
Non-Equity Incentive Plan Awards(2)
All Other
Stock
Awards:
Number of
Shares of
Stock or
Units
(#)(g)
All Other
Option
Awards:
Number of
Securities
Underlying
Options
(#)(h)(3)
Exercise
or Base
Price of
Option
Awards
($/Sh)(i)(4)
Grant Date
Fair Value
of Stock
and Option
Awards
($)(j)(5)
Threshold
($)(d)
Target
($)(e)
Maximum
($)(f)
van Paasschen ...... 2/28/2011 2/17/2011 50,995 61.28 1,125,465
2/28/2011 2/17/2011 61,195(7) 3,750,030
3/01/2011 (6) 16,759(6) 997,496
2011 1,000,000 2,500,000 5,000,000
Avril .............. 2/28/2011 2/17/2011 20,398 61.28 450,186
2/28/2011 2/17/2011 24,478(7) 1,500,012
3/01/2011 (6) 5,039(6) 299,921
2011 300,700 751,750 1,503,500
Prabhu ............ 2/28/2011 2/17/2011 28,557 61.28 630,256
2/28/2011 2/17/2011 34,269(7) 2,100,004
3/01/2011 (6) 5,039(6) 299,921
2011 300,700 751,750 1,503,500
Siegel ............. 2/28/2011 2/17/2011 20,908 61.28 461,442
2/28/2011 2/17/2011 25,090(7) 1,537,515
3/01/2011 (6) 4,280(6) 254,746
2011 255,396 638,490 1,276,980
Turner ............ 2/28/2011 2/17/2011 50,995 61.28 1,125,465
2/28/2011 2/17/2011 20,398(7) 1,249,989
3/01/2011 (6) 4,349(6) 258,852
2011 300,008 750,020 1,500,040
(1) Grant date differs from Compensation Committee approval date in accordance with the procedure outlined
in the section entitled Equity Grant Practices beginning on page 35 of this proxy statement.
(2) Represents the potential values of the awards granted to the Named Executive Officers under the Executive
Plan if the threshold, target and maximum goals are satisfied for all applicable performance measures. See
detailed discussion of these awards in the section entitled Narrative Disclosure To Summary Compensation
Table and Grants of Plan-Based Awards Section beginning on page 39 of this proxy statement.
(3) The options generally vest in equal installments on the first, second, third and fourth anniversary of their
grant. As of September 4, 2010, Mr. Siegel’s awards vest quarterly in equal installments over four years due
to his retirement eligible status, as defined in the LTIP. As of December 15, 2014, Mr. Prabhu’s awards will
vest in quarterly due to his retirement eligible status, as defined in the LTIP.
(4) The exercise price was determined by using the average of the high and low price of shares on the grant
date.
38