Energy Transfer 2010 Annual Report Download - page 115
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Option Exercises and Units Vested Table
Unit Awards
Name
Number of Units
Acquired on Vesting
(#) (1)
Value Realized
on Vesting
($) (1)
Kelcy L. Warren —$ —
Martin Salinas, Jr. 9,037 460,598
Marshall S. (Mackie) McCrea, III 12,400 632,003
Thomas P. Mason 21,237 1,068,627
William G. Powers, Jr. 9,200 448,506
(1) Amounts presented represent the number of unit awards vested during 2010 and the value realized upon
vesting of these awards, which is calculated as the number of units vested multiplied by the closing price of
our Common Units upon the vesting date.
We have not issued option awards.
Nonqualified Deferred Compensation
Name
Executive
Contributions in
Last FY
($)
Registrant
Contributions
in Last FY
($)
Aggregate
Earnings in
Last FY
($)
Aggregate
Withdrawals/
Distributions
($)
Aggregate
Balance
at Last
FYE
($)
Kelcy L. Warren $ — $ — $ — $ — $ —
Martin Salinas, Jr. 48,867 — 7,648 — 56,515
Marshall S. (Mackie) McCrea, III — — — — —
Thomas P. Mason — — — — —
William G. Powers, Jr. — — — — —
The aggregate earnings reflected above for Mr. Salinas are included in his total compensation in the “Summary
Compensation Table.”
Director Compensation Table
The compensation paid to the non-employee directors of our General Partner in 2010 is reflected in the following
table.
Name
Fees Paid in
Cash
($) (1)
Unit Awards
($) (2)
All Other
Compensation ($)
Total
($)
Ray C. Davis $ 46,200 $ 39,986 $ — $ 86,186
Bill W. Byrne 73,000 39,986 — 112,986
David R. Albin — — — —
Paul E. Glaske 71,800 39,986 — 111,786
K. Rick Turner 40,000 39,986 — 79,986
Ted Collins, Jr. 40,000 39,986 — 79,986
Michael K. Grimm 55,686 39,986 — 95,672
John D. Harkey, Jr. (3) 41,071 27,155 — 68,226
(1) Fees paid in cash are based on amounts paid during the period.
(2) Unit award amounts reflect the aggregate grant date fair value of awards granted based on the market price
of Common Units as of the grant date, reduced by the present value of the expected distributions during the
vesting period.
(3) Mr. Harkey ceased to serve on our Board of Directors in May 2010 at which time all of his outstanding unit
awards vested. Mr. Harkey’s compensation reflects an incremental amount related to the vesting of those
unit awards.
As of December 31, 2010, Messrs. Davis, Byrne, Glaske, Turner, Collins and Grimm each had 2,234 unit awards
outstanding.
113