Western Union 2013 Annual Report Download - page 88

Executive Compensation PROXY STATEMENT
The Western Union Company – Proxy Statement | 70
NOTICE OF 2014 ANNUAL MEETING OF STOCKHOLDERS AND PROXY STATEMENT
Event
Unvested
Stock Options
Unvested
Restricted Stock
Performance-Based
Restricted Stock Units
Change-in-Control
and Termination for
Eligible Reason within
24-month Period
Accelerate Accelerate Accelerated vesting and
award is payable to the
extent earned based on
actual performance results.
Change-in-Control
(No Termination)
Vesting continues under
normal terms.
Vesting continues under
normal terms.
Vesting continues under
normal terms.
Involuntary Termination (Not
for Cause prior to a Change-
in-Control or after the
24-month Period following a
Change-in-Control)
Prorated vesting by tranche
based on ratio of days
since grant to total days in
vesting period.
Effective for grants on
February 24, 2011 and
later, prorated vesting by
grant based on ratio of days
since grant to total days in
vesting period.
Prorated vesting by grant
based on ratio of days
since grant to total days in
vesting period.
Career share awards
are forfeited.
Prorated vesting by grant
based on actual performance
results and ratio of days
since grant to total days in
vesting period.
Effective for grants in 2012,
if termination occurs prior to
the one year anniversary of
the grant date, the awards
are forfeited.
Death or Disability Accelerate Accelerate Accelerated vesting and
award is payable to the
extent earned based on
actual performance results.
Retirement Vesting continues for
a period of four years,
or if earlier, until the
expiration date.
Effective for grants on
January 31, 2011 and later,
prorated vesting by grant
based on ratio of days
since grant to total days
in vesting period, with an
exercise period equal to the
earlier of (i) two years post-
termination (three years, in
the case of the CEO) and
(ii) the expiration date.
Forfeit
Effective for grants on
January 31, 2011 and later,
prorated vesting by grant
based on ratio of days
since grant to total days in
vesting period.
Prorated vesting by grant
based on actual performance
results and ratio of days
since grant to total days in
vesting period.