US Cellular 2008 Annual Report Download - page 76

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Nonqualified Deferred Compensation
Executive Registrant Aggregate Aggregate Aggregate
Contributions Contributions Earnings in Withdrawals/ Balance at
in Last FY in Last FY Last FY Distributions Last FYE
Name ($) ($) ($) ($) ($)
(a) (b) (c) (d) (e) (f)
John E. Rooney
SERP(1) ........................... $35,260 $ 13,904 $ 276,762
Salary Deferral(2) .....................
For years prior to 2008(3) .............. $ 6,583 $ 63,654 $(1,246,954) $
2008 ............................ $167,164 $ 4,120 $ 171,284
Bonus Deferral and Company Match(4) .......
Bonus Deferral
12,004 Common Shares .............. $675,000
Company Match in Common Shares .......
3,502 shares—2008 Company Match ...... $196,897
(Distribution)—(51,551) Common Shares(5) . . . $(1,846,027)
Changes in value in 2008 .............. $(3,197,648)
Ending Balance
31,946 Common Shares (including
3,056 units that have not vested) ........ $1,381,345
Aggregate Total(6) .................... $848,747 $232,157 $(3,115,970) $(3,092,981) $1,829,391
Steven T. Campbell ...................
SERP(1) ........................... $26,624 $ 886 $ 42,014
Aggregate Total(6) .................... — $26,624 $ 886 $ 42,014
Jay M. Ellison .......................
SERP(1) ........................... $35,260 $ 10,545 $ 218,426
Salary Deferral(2) ..................... $ 19,025 $ 346,219
Bonus Deferral and Company Match .........
Changes in value in 2008 .............. $ (122,905)
Ending Balance
3,010 Common Shares .............. $ 130,152
Aggregate Total(6) .................... — $35,260 $ (93,335) $ 694,797
Michael S. Irizarry ....................
SERP(1) ........................... $32,621 $ 5,943 $ 135,842
Aggregate Total(6) .................... — $32,621 $ 5,943 $ 135,842
Jeffrey J. Childs .....................
SERP(1) ........................... $23,014 $ 2,125 $ 59,925
Aggregate Total(6) .................... — $23,014 $ 2,125 $ 59,925
Explanation of Columns:
(a) Includes the persons identified in the Summary Compensation Table.
(b) Represents the dollar amount of aggregate executive contributions during the last fiscal year. The entire amount of the salary
earned in 2008 is included in column (c) of the Summary Compensation Table, whether or not deferred. Only John E. Rooney
deferred a portion of his salary in 2008. With respect to deferred bonus, includes the actual dollar amount of bonus deferred,
which amount is also included in column (d) of the Summary Compensation Table. The entire amount of the bonus earned in
2008 is included in column (d) of the Summary Compensation Table, whether or not deferred. Only John E. Rooney deferred
a portion of his bonus earned in 2008 (based upon 2007 performance). The officer makes an election as to when to receive a
distribution of the deferred compensation account.
(c) Represents the dollar amount of aggregate contributions by U.S. Cellular during the last fiscal year. With respect to the SERP,
represents the actual dollar amount contributed with respect to 2008 for the officer. This is the same as the amount reported
in column (i) of the Summary Compensation Table. With respect to the company match, represents the value of the shares on
the date the bonus match units were credited with respect to the officer. This does not agree with the amount included as
stock awards in the column (e) of the Summary Compensation Table, which includes the dollar amount recognized for
financial statement reporting purposes in accordance with FAS 123R rather than the value of the phantom shares at the time
they were credited to the officer’s account.
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