Fannie Mae 2014 Annual Report Download - page 196

191
Nonqualified Deferred Compensation for 2014
Name
Executive
Contributions
in 2014 ($)
Company
Contributions
in 2014 ($)(1)
Aggregate
Earnings in
2014 ($)(2)
Aggregate
Withdrawals/
Distributions ($)
Aggregate
Balance at
December 31,
2014 ($)(3)
Timothy Mayopoulos . . . . . . . . . . . . . . . . . — 27,200 22,577 — 359,954
David Benson(4) . . . . . . . . . . . . . . . . . . . . . . — 110,739 3,942 — 158,093
Andrew Bon Salle . . . . . . . . . . . . . . . . . . . . — 51,123 1,237 — 66,468
Terence Edwards . . . . . . . . . . . . . . . . . . . . . — 59,200 30,959 — 375,300
John Nichols . . . . . . . . . . . . . . . . . . . . . . . . — 51,200 10,438 — 177,557
__________
(1) All amounts reported in this column as company contributions in the last fiscal year are also reported as 2014 compensation in the “All
Other Compensation” column of the “Summary Compensation Table for 2014, 2013 and 2012.”
(2) None of the earnings reported in this column are reported as 2014 compensation in the “Summary Compensation Table for 2014, 2013
and 2012” because the earnings are neither above-market nor preferential.
(3) Amounts reported in this column for Mr. Mayopoulos include company contributions in 2013 and 2012 to the Supplemental Retirement
Savings Plan of $67,569 and $60,000, respectively, that are also reported as compensation for those years, respectively, in the “All
Other Compensation” column of the “Summary Compensation Table for 2014, 2013 and 2012.”
Amounts reported in this column for Mr. Benson include company contributions in 2013 to the Supplemental Retirement Savings Plan
of $42,900 that are also reported as and 2013 compensation in the “All Other Compensation” column of the “Summary Compensation
Table for 2014, 2013 and 2012.”
Amounts reported in this column for Mr. Edwards include company contributions in 2013 and 2012 to the Supplemental Retirement
Savings Plan of $59,600 and $60,000, respectively, that are also reported as compensation for those years, respectively, in the “All
Other Compensation” column of the “Summary Compensation Table for 2014, 2013 and 2012.”
Amounts reported in this column for Mr. Nichols include company contributions in 2013 and 2012 to the Supplemental Retirement
Savings Plan of $50,077 and $41,862 that are also reported as 2013 and 2012 compensation in the “All Other Compensation” column
of the “Summary Compensation Table for 2014, 2013 and 2012.”
(4) Company contributions for Mr. Benson include the additional credits he receives as a result of satisfying the rule of 65, which are
described above under “Pension Benefits—Termination of Defined Benefit Pension Plans.”
Potential Payments Upon Termination or Change-in-Control
The information below describes and quantifies certain compensation and benefits that would have become payable to each
of our named executives under our existing plans and arrangements if the named executive’s employment had terminated on
December 31, 2014 under each of the circumstances described below, taking into account the named executive’s
compensation and service levels as of that date. The discussion below does not reflect retirement or deferred compensation
plan benefits to which our named executives may be entitled, as these benefits are described above under “Pension Benefits”
and “Nonqualified Deferred Compensation.” The information below also does not generally reflect compensation and
benefits available to all salaried employees upon termination of employment with us under similar circumstances. We are not
obligated to provide any additional compensation to our named executives in connection with a change-in-control.
Potential Payments to Named Executives
We have not entered into agreements with any of our named executives that would entitle the executive to severance benefits.
Under the 2014 executive compensation program, a named executive would be entitled to receive a specified portion of his
earned but unpaid 2014 deferred salary if his employment was terminated for any reason, other than for cause.