American Home Shield 2008 Annual Report Download - page 147

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Table of Contents
SUMMARY COMPENSATION TABLE
Name and Principal Position
Year
Salary
($)
Bonus
($)(1)
Stock
Awards
($)(2)
Option
Awards
($)(3)
Non-Equity
Incentive Plan
Compensation
($)(4)
All Other
Compensation
($)(5)
Total
($)
J. Patrick Spainhour
Chief Executive Officer
2008
2007
2006
950,000
900,000
550,000
0
0
151,233
0
72,242
53,858
1,062,750
79,332
33,095
793,136
964,800
421,200
18,871
38,459
53,540
2,824,757
2,054,833
1,262,926
Steven J. Martin
Senior Vice President and Chief Financial Officer
2008
2007
350,000
285,381
0
50,000
0
73,459
224,813
21,909
239,935
438,901
8,050
5,850
822,798
875,500
Greerson G. McMullen
Senior Vice President and General Counsel
2008 405,000 0 0 155,325 219,782 154,986 935,093
Thomas G. Brackett
President and Chief Operating Officer—Terminix
2008 330,000 0 0 347,438 258,306 8,050 943,794
Michael M. Isakson
President and Chief Operating Officer—ServiceMaster Clean
2008
2007
324,000
288,135
0
0
0
35,712
200,288
6,585
234,374
478,225
8,050
5,850
766,712
814,507
Dennis R. Sutton
Former President and Chief Operating Officer—TruGreen LawnCare
2008
2007
300,000
390,000
0
0
0
36,416
0
7,391
611,393
3,274,174
3,045
3,574,174
1,048,245
Lisa V. Goettel
Former Senior Vice President—Human Resources
2008 67,906 0 0 0 2,677,110 2,745,016
Mr. Spainhour received a guaranteed bonus of $151,233 for service as Interim Chairman and CEO from May 15, 2006, through June 30, 2006. Mr. Martin received a one-time
discretionary amount of $50,000 for his work on the Fast Forward project.
The amounts in these columns reflect the dollar amount recognized for financial statement reporting purposes during the specified years for restricted stock awards. The assumptions
used in the valuation of awards in 2007 and 2008 are disclosed in the Stock Based Compensation footnote to the audited financial statements for the fiscal year ended December 31,
2008 included in this Annual Report on Form 10-K. The assumptions used in the valuation of awards in 2006 are disclosed in the Shareholders' Equity footnote to the audited financial
statements for the fiscal year ended December 31, 2006 included in the Company's 2006 Annual Report on Form 10-K.
The amounts in these columns reflect the dollar amount recognized for financial statement reporting purposes during the specified years for stock option and stock appreciation rights
awards. The assumptions used in the valuation of awards in 2007 and 2008 are disclosed in the Stock Based Compensation footnote to the audited financial statements for the fiscal
year ended December 31, 2008 included in this Annual Report on Form 10-K. The assumptions used in the valuation of awards in 2006 are disclosed in the Shareholders' Equity
footnote to the audited financial statements for the fiscal year ended December 31, 2006 included in the Company's 2006 Annual Report on Form 10-K.
Mr. Sutton and Ms. Goettel each received a prorated bonus payment under their respective Change in Control Severance Agreements, as listed under "All Other Compensation" and,
therefore, did not receive any award under "Non-Equity Incentive Plan Compensation." For 2008, Messrs. Brackett and Martin each received a bridge bonus of $50,000 and
Mr. Isakson received a bridge bonus of $75,000, and these amounts are included in this column in addition to their regular ABP payouts. For prior year reporting this column includes
payouts of both ABP and CPP. For 2008, this column only represents ABP payout.
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