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94
PROXY STATEMENT
useful to see the data presented in this form. Although the committee does not target a specific level of total compensation, it considers
information similar to that in the table to ensure that the sum of these elements is, in its judgment, in a reasonable range. The principal
differences between this table and the summary compensation table are explained in footnote 5 below.5
Officer Year
Salary
(Annual Rate) Profit Sharing Bonus
Equity Compensation
(Grant Date
Fair Value) Total
R. K. Templeton . . . . . . . . . . 2014
2013
2012
$
$
$
1,110,000
1,075,000
1,040,000
$
$
$
168,941
92,199
48,581
$
$
$
3,450,000
3,000,000
2,700,000
$
$
$
9,800,034
9,299,374
9,074,035
$
$
$
14,528,975
13,466,573
12,862,616
K. P. March . . . . . . . . . . . . 2014
2013
2012
$
$
$
630,000
610,000
590,000
$
$
$
95,884
52,317
27,573
$
$
$
1,110,000
965,000
875,000
$
$
$
2,700,039
2,656,964
2,865,478
$
$
$
4,535,923
4,284,281
4,358,051
B. T. Crutcher . . . . . . . . . . . 2014
2013
2012
$
$
$
775,000
675,000
630,000
*
**
$
$
$
112,860
57,728
27,573
$
$
$
1,510,000
1,210,000
1,100,000
$
$
$
4,500,008
3,985,446
6,341,848
$
$
$
6,897,868
5,928,174
8,099,421
S. A. Anderson . . . . . . . . . . 2014 $ 550,000 * $ 77,635 $ 925,000 $ 4,700,042 $ 6,252,677
K. J. Ritchie . . . . . . . . . . . 2014
2013
2012
$
$
$
650,000
625,000
600,000
$
$
$
98,872
53,571
27,945
$
$
$
1,265,000
1,100,000
1,000,000
$
$
$
4,000,015
3,542,630
3,343,079
$
$
$
6,013,887
5,321,201
4,971,024
* Annual rate effective July 2014.
** Annual rate effective June 2012.
For Mr. Templeton, the “Total” was higher for 2014 than for 2013 due about equally to the higher level of his bonus and the higher grant
date fair value of his equity compensation. For Mr. March, the “Total” was higher for 2014 primarily due to the higher level of his bonus.
For the other officers, the “Total” was higher for 2014 primarily due to the higher grant date fair value of their equity compensation.
The compensation decisions shown above resulted in the following 2014 compensation mix for the named executive officers:
Other NEOs *
CEO
1%
24% 8%
67%
2%
20% 11%
67%
Base Salary Equity Compensation Profit Sharing Bonus
* Average data for the named executive officers other than Mr. Templeton.
5 This table shows the annual rate of base salary as set by the committee. In the summary compensation table, the “Salary”
column shows the actual salary paid in the year. This table has separate columns for profit sharing and bonus. In the summary
compensation table, profit sharing and bonus are aggregated in the column for “Non-Equity Incentive Plan Compensation,” in
accordance with SEC requirements. Please see notes 2 and 3 to the summary compensation table for information about how grant
date fair value was calculated.