Western Union 2014 Annual Report Download - page 78

Executive Compensation PROXY STATEMENT
The Western Union Company – Proxy Statement | 60
NOTICE OF 2015 ANNUAL MEETING OF STOCKHOLDERS AND PROXY STATEMENT
(4) This amount includes approximately ($545,200) paid to or on behalf of Mr. Agrawal in connection with his relocation from
the United Kingdom to Colorado including foreign tax equalization payments ($479,300) and United States tax payments
($50,000). These relocation expenses were valued on the basis of the aggregate incremental cost to the Company and
represent the amount accrued for payment or paid to the service provider or Mr. Agrawal, as applicable. These benefits
are generally available to employees asked to relocate as part of the Company’s relocation program.
(5) This amount includes approximately $70,600 paid to or on behalf of Mr. Almeida in connection with his relocation
from Brazil to Florida including a housing allowance ($34,200) and tax-related services ($28,200). These relocation
expenses were valued on the basis of the aggregate incremental cost to the Company and represent the amount
accrued for payment or paid to the service provider or Mr. Almeida, as applicable. These benefits are generally
available to employees asked to relocate as part of the Company’s relocation program.
The following table summarizes awards made to our named executive officers in 2014.
2014 Grants of Plan-Based Awards Table
Name
Grant
Date
Estimated Possible
Payouts Under
Non-Equity
Incentive Plan
Awards(1)
Estimated Future Payouts
Under Equity Incentive Plan
Awards
All Other
Stock
Awards:
Number of
Shares of
Stock
or Units
(#)(2)
All Other
Option
Awards:
Number of
Securities
Underlying
Options
(#)(3)
Exercise
or Base
Price of
Option
Awards
($/sh)
Grant
Date
Fair
Value of
Stock
and
Option
Awards
($000)(4)
Target
($000)
Maximum
($000)
Threshold
(#)
Target
(#)
Maximum
(#)
Hikmet Ersek 1,500 2,250
2/20/2014 112,571(5) 225,141(5) 337,712(5) 3,278.1
2/20/2014 47,886(6) 95,771(6) 143,657(6) 1,200.0
2/20/2014 303,798 $15.99 1,200.0
Rajesh K. Agrawal 446.9(7) 670.4
2/20/2014 24,391(5) 48,781(5) 73,172(5) 710.3
2/20/2014 10,376(6) 20,751(6) 31,127(6) 260.0
2/20/2014 65,823 $15.99 260.0
7/15/2014 28,936 465.3
Odilon Almeida 540.0 810.0
2/20/2014 22,515(5) 45,029(5) 67,544(5) 655.6
2/20/2014 9,578(6) 19,155(6) 28,733(6) 240.0
2/20/2014 60,760 $15.99 240.0
3/28/2014 27,761 417.0
J. David Thompson 450.0 675.0
2/20/2014 22,515(5) 45,029(5) 67,544(5) 655.6
2/20/2014 9,578(6) 19,155(6) 28,733(6) 240.0
2/20/2014 60,760 $15.99 240.0
3/17/2014 14,788 222.4
John R. Dye 400.0 600.0
2/20/2014 18,762(5) 37,524(5) 56,286(5) 546.3
2/20/2014 7,981(6) 15,962(6) 23,943(6) 200.0
2/20/2014 50,633 $15.99 200.0
2/20/2014 6,254 92.6
Footnotes:
(1) These amounts consist of the target and maximum cash award levels set in 2014 under the Annual Incentive
Plan. The amount actually earned by each named executive officer is included in the Non-Equity Incentive Plan
Compensation column in the 2014 Summary Compensation Table. Please see “Compensation Discussion and
Analysis” for further information regarding the Annual Incentive Plan.