Allstate 2015 Annual Report Download - page 48

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42 www.allstate.com
EXECUTIVE COMPENSATION
Performance Stock Awards
Adjusted Operating Income ROE is the performance measure used for the PSAs noted below. For
a description of how this measure is determined for each performance cycle, see pages 61-64. The
measurement periods and levels of Adjusted Operating Income ROE needed to earn the threshold, target
and maximum number of PSAs for the measurement period, as well as actual results, are set forth in the
table below.
Performance Stock Awards Ranges of Performance
Adjusted Operating Income Return on Equity
Threshold Target Maximum Actual Results
2013-2015 PSA Performance Cycle
2013 Measurement Period 6.0% 11.0% 12.5% 13.4%
2014 Measurement Period 6.0% 12.0% 13.5% 13.2%
2015 Measurement Period 6.0% 13.0% 14.5% 11.9%
2014-2016 PSA Performance Cycle
(One Measurement Period) 6.0% 13.0% 14.5% To be determined in 2017
2015-2017 PSA Performance Cycle
(One Measurement Period) 6.0% 13.5% 14.5% To be determined in 2018
Payout 0% 100% 200%
Subject to positive
Net Income hurdle
The following tables show the target number of PSAs granted to each of our named executives for the 2013-
2015, 2014-2016, and 2015-2017 performance cycles, and the number of PSAs earned based on achievement
of the performance measure.
2013-2015 Performance Cycle(1)
2013 Measurement Period 2014 Measurement Period 2015 Measurement Period
Named Executive
Target
Number of
PSAs for
2013-2015
Performance
Cycle
Target
Number of
PSAs
Number
of PSAs
Earned(2)
Target
Number
of PSAs
Number
of PSAs
Earned(2)
Target
Number of
PSAs
Number
of PSAs
Earned(2)
Mr. Wilson 84,411 28,137 56,274 28,137 50,647 28,137 23,717
Mr. Shebik 19,733 6,577 13,154 6,578 11,840 6,578 5,545
Mr. Civgin 23,021 7,673 15,346 7,674 13,813 7,674 6,468
Ms. Greffin 20,061 6,687 13,374 6,687 12,037 6,687 5,636
Mr. Winter 27,817 9,272 18,544 9,272 16,690 9,273 7,816
(1) The actual number of PSAs to be earned for each measurement period varies from 0% to 200% of the target
PSAs based on Adjusted Operating Income ROE for such measurement period.
(2) For the 2013 measurement period, the named executives earned PSAs equal to the maximum, or 200%, of the
target number for that measurement period. For the 2014 measurement period, the named executives earned
PSAs equal to 180% of the target number for that measurement period. For the 2015 measurement period, the
named executives earned PSAs equal to 84.3% of the target number for that measurement period.