Western Union 2013 Annual Report Download - page 60

Compensation Discussion and Analysis PROXY STATEMENT
The Western Union Company – Proxy Statement | 42
NOTICE OF 2014 ANNUAL MEETING OF STOCKHOLDERS AND PROXY STATEMENT
2013 REALIZABLE COMPENSATION TABLE
Name Year
Proxy Reported
Compensation
($000)(1)
Total Realizable
Compensation
($000)(2)
Realizable
as a % of
Reported
Hikmet Ersek 2013 8,757.5 7,843.1 90%
2012 6,992.2 1,758.0 25%
2011 7,872.4 4,928.4 63%
Scott T. Scheirman 2013 3,034.3 2,656.4 88%
2012 2,463.2 981.9 40%
2011 3,130.8 2,139.6 68%
Rajesh K. Agrawal 2013 3,360.5 3,156.1 94%
2012 2,706.2 1,605.8 59%
2011 1,667.8 1,459.2 87%
J. David Thompson 2013 2,233.9 2,040.1 91%
2012 3,426.5 2,566.2 75%
2011 N/A N/A N/A
John R. Dye 2013 2,280.5 2,117.4 93%
2012 2,320.8 1,686.0 73%
2011 N/A N/A N/A
Footnotes:
(1) As reported in the Total column of the 2013 Summary Compensation Table.
(2) Amounts reported in the calculation of total realizable compensation include (a) annualized base salary, (b) actual
bonus payments made to each eligible executive in each of the years shown under the Company’s Annual Incentive
Plan, (c) the value realized from the exercise of stock options and for unexercised stock options, the difference
between the exercise price and the closing stock price on December 31, 2013, each reported in the year granted,
(d) the value realized upon vesting of restricted stock units or performance-based restricted stock units and the value
of unvested restricted stock units or performance-based restricted stock unit awards based on the closing stock price
on December 31, 2013, each reported in the year granted, and (e) amounts reported in the All Other Compensation
Table for the respective years. In connection with his separation from the Company and pursuant to the Separation
Agreement and Release between Scott T. Scheirman, Western Union, LLC, and The Western Union Company dated
January 16, 2014 (the “Separation Agreement”), Mr. Scheirman forfeited his restricted stock unit award under the 2013
Annual Incentive Plan.
Elements of 2013 Executive Compensation Program
The following table lists the material elements of the
Company’s 2013 executive compensation program. The
committee believes that the design of the Company’s
executive compensation program balances fixed and
variable compensation elements, provides alignment with
the Company’s short and long-term financial and strategic
priorities through the annual and long-term incentive
programs, and provides alignment with stockholder interests.