Sunoco 2014 Annual Report Download - page 124

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122
decrease in pension value for Mr. Hennigan was $2,140,896 for 2012. The decrease in pension value for Mr. Hennigan and Ms.
Shea-Ballay was $199,350 and $17,954, respectively, for 2013. NEOs did not have any above-market or preferential payments on
deferred compensation during 2014, 2013, or 2012. During 2012, certain NEOs had deferred amounts under the Sunoco, Inc.
Savings Restoration Plan (the "Savings Restoration Plan"), an excess 401(k) benefit plan available during 2012 to employees of
Sunoco and its subsidiaries, including our general partner. The Savings Restoration Plan was a non-qualified deferred compensation
plan available to those participants in SunCAP subject to compensation and/or contribution limitations under the Code. Participants
were able to contribute amounts in excess of the applicable Code limits, up to five percent of base salary. Effective as of
December 31, 2012, the Savings Restoration Plan was terminated, amounts outstanding in participant accounts were liquidated, and
the participating employees who were affected by the plan's termination received the cash value of their outstanding account
balances from Sunoco. Mr. Hennigan received payment of his outstanding cash balance at December 31, 2012. Ms. Shea-Ballay
received payment of her outstanding cash balance at February 2013.
(4) The table below shows the components of this column for 2014:
Name Year
Company
Contribution
Under Defined
Contribution Plan (a)
($)
Perquisites
> $10,000
($)
Distribution
Equivalent
Rights Payments (b)
($) Total
($)
M. J. Hennigan 2014 27,192 — 786,312 813,504
M. Salinas, Jr. 2014 n/a n/a 37,699 37,699
K. Shea-Ballay 2014 15,667 — 124,321 139,988
K. Lauterbach 2014 20,961 — 109,082 130,043
D. Chalson 2014 16,783 — 68,165 84,948
(a) During 2014, our general partner was a participating employer in the ETP 401(k) Plan, which makes a matching
contribution based on a rate of match equal to 100 percent of each participant's elective deferrals up to 5 percent of
covered compensation. The general partner also made a discretionary profit sharing contribution of 7 percent of base pay
(Messrs. Hennigan, Lauterbach and Chalson) or 3 percent of base pay (Ms. Shea-Ballay), subject to IRS contribution
limits. Effective July 1, 2014, however, the discretionary profit sharing contribution was eliminated for all employees of
our general partner with yearly salaries of greater than $150,000 or with a title of Vice President or greater, including the
NEOs of our general partner who participate in this plan.
(b) The amounts shown in this column reflect the cash payments made to each NEO during 2014, which were equal to each
cash distribution per common unit made by us on our common units during 2014, with respect to each common unit
subject to a restricted unit held by such NEO that has not either vested or been forfeited.
(5) Mr. Salinas is the Chief Financial Officer of the general partner of ETP, which determines the components of his compensation,
including salary, long-term incentive awards and annual bonus. We have no control over this compensation determination process.
However, our general partner's Compensation Committee granted equity awards, representing 33 percent of Mr. Salinas' total long-
term incentive compensation, to Mr. Salinas in December 2014, December 2013 and January 2013 in recognition of his services to
us. Mr. Salinas did not receive separate compensation for his services to us as Chief Financial Officer of our general partner during
2012.
(6) Compensation information for only fiscal years 2014 and 2013 is provided for the employees of our general partner who were not
NEOs in fiscal year 2012.