Baker Hughes 2007 Annual Report Download - page 44

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26 Baker Hughes Incorporated
OPTION EXERCISES AND STOCK VESTED
The following table sets forth certain information regarding options and stock awards exercised and vested, respectively, during
2007 and 2006 for the persons named in the Summary Compensation Table above.
Option Exercises and Stock Vested
Option Awards Stock Awards
Number of Shares Number of Shares
Acquired on Exercise (#) Value Realized on Exercise ($) Acquired on Vesting (#) (1) Value Realized on Vesting ($)
Name 2007 2006 2007 2006 2007 2006 2007 2006
Chad C. Deaton 0 0 $ 0 $ 0 26,437 45,450 $ 1,811,992 $ 3,331,082
Peter A. Ragauss 0 0 $ 0 $ 0 8,221 0 $ 563,467 $ 0
James R. Clark 175,000 0 $ 7,564,484 $ 0 10,695 13,780 $ 733,035 $ 1,017,246
Alan R. Crain 26,542 44,250 $ 1,152,037 $ 1,745,219 5,872 5,440 $ 402,467 $ 400,867
David H. Barr 19,134 68,393 $ 917,873 $ 2,695,230 5,078 3,138 $ 348,046 $ 231,555
(1) For 2006 numbers, the number of shares acquired upon vesting includes a stock award on December 29, 2006 under the performance plan for 2004–2006. No awards
were made in 2007 under the performance plan for 2005–2007. The number of shares granted to each Senior Executive in 2006 under the performance plan for
2004–2006 is as follows:
Name Number of Shares Value at $74.66
Mr. Deaton 8,500 $ 634,610
Mr. Ragauss 0 $ 0
Mr. Clark 6,997 $ 522,396
Mr. Crain 2,332 $ 174,107
Mr. Barr 1,555 $ 116,096
PENSION BENEFITS
The following table discloses the years of credited service of, present single-sum value of the accrued benefits for, and payments
during the last fiscal year to each of the PEO and NEOs under the Pension Plan.
Pension Benefits
Number of Years Present Value of Payments During
Credited Service (#) Accumulated Benefit ($) Last Fiscal Year ($)
Name Plan Name 2007 2006 2007 2006 2007 2006
Chad C. Deaton Pension Plan 3 2 $ 34,290 $ 23,919 $ 0 $ 0
Peter A. Ragauss Pension Plan 1 0 $ 16,292 $ 7,805 $ 0 $ 0
James R. Clark Pension Plan 6 5 $ 58,837 $ 47,139 $ 0 $ 0
Alan R. Crain Pension Plan 6 5 $ 58,789 $ 47,093 $ 0 $ 0
David H. Barr Pension Plan 6 5 $ 58,798 $ 47,102 $ 0 $ 0