Eli Lilly 2012 Annual Report Download - page 148
Download and view the complete annual report
Please find page 148 of the 2012 Eli Lilly annual report below. You can navigate through the pages in the report by either clicking on the pages listed below, or by using the keyword search tool below to find specific information within the annual report.-
1 -
2
-
3
-
4
-
5
-
6
-
7
-
8
-
9
-
10
-
11
-
12
-
13
-
14
-
15
-
16
-
17
-
18
-
19
-
20
-
21
-
22
-
23
-
24
-
25
-
26
-
27
-
28
-
29
-
30
-
31
-
32
-
33
-
34
-
35
-
36
-
37
-
38
-
39
-
40
-
41
-
42
-
43
-
44
-
45
-
46
-
47
-
48
-
49
-
50
-
51
-
52
-
53
-
54
-
55
-
56
-
57
-
58
-
59
-
60
-
61
-
62
-
63
-
64
-
65
-
66
-
67
-
68
-
69
-
70
-
71
-
72
-
73
-
74
-
75
-
76
-
77
-
78
-
79
-
80
-
81
-
82
-
83
-
84
-
85
-
86
-
87
-
88
-
89
-
90
-
91
-
92
-
93
-
94
-
95
-
96
-
97
-
98
-
99
-
100
-
101
-
102
-
103
-
104
-
105
-
106
-
107
-
108
-
109
-
110
-
111
-
112
-
113
-
114
-
115
-
116
-
117
-
118
-
119
-
120
-
121
-
122
-
123
-
124
-
125
-
126
-
127
-
128
-
129
-
130
-
131
-
132
-
133
-
134
-
135
-
136
-
137
-
138 -
139 -
140 -
141 -
142 -
143 -
144 -
145 -
146 -
147 -
148 -
149 -
150 -
151 -
152 -
153 -
154 -
155 -
156 -
157 -
158 -
159
-
160
-
161
-
162
-
163
-
164
 |
 |
44
2 The amounts in this column are also included in the “Summary Compensation Table,” in the “All Other
Compensation” column as a portion of the savings plan match.
3 Of the totals in this column, the following amounts have previously been reported in the “Summary Compensation
Table” for this year and for previous years:
Name 2012 ($) Previous Years ($) Total ($)
Dr. Lechleiter $806,250 $8,062,631 $8,868,881
Mr. Rice $88,800 $434,204 $523,004
Dr. Lundberg $87,420 $171,618 $259,038
Mr. Armitage $70,908 $5,935,935 $6,006,843
Mr. Conterno $150,340 N/A $150,340
The "Nonqualified Deferred Compensation" in 2012 table above shows information about two company programs:
the nonqualified savings plan and the deferred compensation plan. The nonqualified savings plan is designed to
allow each employee to contribute up to 6 percent of his or her base salary, and receive a company match, beyond
the contribution limits prescribed by the IRS with regard to 401(k) plans. This plan is administered in the same
manner as the 401(k) plan, with the same participation and investment elections. Executive officers and other U.S.
executives may also defer receipt of all or part of their cash compensation under the deferred compensation plan.
Amounts deferred by executives under this plan are credited with interest at 120 percent of the applicable federal
long-term rate as established the preceding December by the U.S. Treasury Department under Section 1274(d) of
the Internal Revenue Code with monthly compounding, which was 3.3 percent for 2012 and is 2.9 percent for 2013.
Participants may elect to receive the funds in a lump sum or in up to 10 annual installments following retirement,
but may not make withdrawals during their employment, except in the event of hardship as approved by the
compensation committee. All deferral elections and associated distribution schedules are irrevocable. Both plans
are unfunded and subject to forfeiture in the event of bankruptcy.
Potential Payments Upon Termination or Change in Control
The following table describes the potential payments and benefits under the company’s compensation and benefit
plans and arrangements to which the named executive officers would be entitled upon termination of employment.
Except for certain terminations following a change in control of the company, as described below, there are no
agreements, arrangements, or plans that entitle named executive officers to severance, perquisites, or other
enhanced benefits upon termination of their employment. Any agreement to provide such payments or benefits to a
terminating executive officer (other than following a change in control) would be at the discretion of the
compensation committee.