Alaska Airlines and Horizon Air 2013 Annual Report Download - page 73

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EXECUTIVE COMPENSATION
2013 GRANTS OF PLAN-BASED AWARDS
The following table presents information regarding the incentive awards granted to the Named
Executive Officers for 2013. Please see in the Compensation Discussion and Analysis the
Performance-Based Annual Pay section for a description of the material terms of the non-
equity incentive plan awards reported in this table and the Long-Term Equity-Based Pay section
for a description of the material terms of the equity-based awards reported in this table. Each
of the equity-based awards reported in the table below was granted under our 2008
Performance Incentive Plan (2008 Plan).
Name
(a)
Grant Date
(b)
Estimated Future Payouts
Under Non-Equity Incentive
Plan Awards
Estimated Future Payouts
Under Equity Incentive Plan
Awards
All Other
Stock
Awards:
Number of
Shares of
Stock or
Units
(#)
(i)
All Other
Option
Awards:
Number of
Securities
Underlying
Options
(#)
(j)
Exercise
or Base
Price of
Option
Awards
($/Sh)
(k)
Grant
Date Fair
Value of
Stock and
Option
Awards(1)
($)
(l)
Threshold
($)
(c)
Target
($)
(d)
Maximum
($)
(e)
Threshold
(#)
(f)
Target
(#)
(g)
Maximum
(#)
(h)
Bradley D. Tilden
• Stock Options 2/11/13 18,950 48.800 556,715
• RSUs 2/11/13 9,190 448,472
• PSUs* 2/11/13 — 9,190 18,380 448,472
• PBP Plan N/A 110,500 442,000 884,000
Brandon S. Pedersen
• Stock Options 2/11/13 6,690 48.800 196,539
• RSUs 2/11/13 3,250 158,600
• PSUs 2/11/13 — 16,250 32,500 793,000
• PBP Plan N/A 63,750 255,000 510,000
Glenn S. Johnson
• Stock Options 2/11/13 9,960 48.800 292,606
• RSUs 2/11/13 4,830 235,704
• PSUs 2/11/13 — 4,830 9,660 235,704
• PBP Plan N/A 67,500 270,000 540,000
Benito Minicucci
• Stock Options 2/11/13 9,960 48.800 292,606
• RSUs 2/11/13 4,830 235,704
• PSUs 2/11/13 — 4,830 9,660 235,704
• PBP Plan N/A 67,500 270,000 540,000
Keith Loveless
• Stock Options 2/11/13 9,960 48.800 292,606
• RSUs 2/11/13 4,830 235,704
• PSUs 2/11/13 — 4,830 9,660 235,704
• PBP Plan N/A 67,500 270,000 540,000
Key: RSUs – Restricted Stock Units; PSUs – Performance Stock Units; PBP Plan – Performance-Based Pay Plan
* Includes a special one-time award of 13,000 performance stock units. (See footnote (1) to the Summary
Compensation Table.)
(1) The amounts reported in Column (l) reflect the fair value of these awards on the grant date as determined
under the principles used to calculate the value of equity awards for purposes of the Company’s financial
statements and may or may not be representative of the value eventually realized by the executive. For a
discussion of the assumptions and methodologies used to value the awards reported in Column (l), please see
the discussion of stock awards and option awards contained in Note 11 (Stock-Based Compensation Plans) to
the Company’s Consolidated Financial Statements, included as part of the Company’s 2013 Annual Report
filed on Form 10-K with the SEC and incorporated herein by reference.
66