First Data 2008 Annual Report Download - page 216

2008 for a discussion of the relevant assumptions used in calculating grant date fair value under the SFAS 123R. For further information on options granted in 2008, see the Grant of
Plan-Based Awards Table.
(4) Amounts shown reflect the increase in actuarial values of the qualified First Data Corporation Retirement Plan for Ms. Patmore and the Defined Benefit Section of the First Data
Resources Limited Pension Scheme in the United Kingdom for Mr. Wall and Mr. Yates. During 2008, no executive officer participated in a Nonqualified Deferred Compensation plan.
(5) Full explanation of these amounts is provided in the Perquisite and Personal Benefits Table and accompanying footnotes.
(6) Mr. Wall was located in the United Kingdom and paid in pounds sterling through August of 2008. Any compensation earned or paid in pounds has been converted to U.S. dollars using
the following rates for each year in which such compensation is reported: 2006 = 1.9538; 2007 = 1.9838; 2008 = 1.4580.
(7) Ms. Patmore's last day of employment with First Data Corporation was August 15, 2008.
(8) Mr. Yates was located in the United Kingdom and paid in pounds sterling through March of 2008. For the rest of 2008, he was located in Germany and paid in euros. Any compensation
earned or paid in pounds has been converted to U.S. dollars using the following rates for each year in which such compensation is reported: 2006 = 1.9538; 2007 = 1.9838; 2008 =
1.4580. Any compensation earned or paid in euros during 2008 was converted to U.S. dollars using a rate of 1.4029.
PERQUISITE AND PERSONAL BENEFITS
Name Year
Financial
Planning
($) (1)
Employee
Stock
Purchase
Plan ($)
Defined
Contribution
Plans ($) (2)
Nonqualified
Deferred
Compensation
Earnings ($)
Life
Insurance
($) (3)
Tax
Gross Up
Payments
($) (4)
Severance
Payments
($) (5)
280G
Parachute
Payments
($)
Relocation
Benefits
($)
Other
Compensation
($) (6) Total ($)
Michael D. Capellas 2008 $ 20,000 $ 0 $ 6,900 $ 0 $ 2,622 $ 34,197 $ 0 $ 0 $ 11,369 $ 71,983(8) $ 147,071
2007 20,000 0 0 0 546 30,290 0 0 28,137 4,896 83,869
Philip M. Wall 2008 20,000 0 6,350 0 335 19,132 0 0 13,903 11,664(9) 71,384
2007 0 2,572 8,840 0 0 0 0 0 0 23,806 35,218
2006 0 4,441 8,418 0 0 0 0 0 0 23,446 36,305
Kimberly S. Patmore 2008 0 0 8,050 0 949 0 2,823,273 0 0 250,000(10) 3,082,272
2007 10,000 1,299 21,150 77,746 1,380 9,381 0 0 0 8,885 129,841
2006 6,327 2,709 20,680 69,882 1,311 5,086 0 0 0 10,178 116,173
Edward A. Labry III 2008 10,000 0 8,050 0 1,260 17,850 0 0 0 $ 100,840(8) 138,000
2007 20,000 0 6,750 0 840 7,192 0 0 0 0 34,782
2006 0 0 6,600 0 840 0 0 0 0 531 7,971
Grace Chen Trent 2008 10,000 0 8,050 0 378 200,023 0 0 392,991(7) 0 611,442
2007 20,000 0 0 0 63 32,115 0 0 77,867 3,640 133,685
David G. Yates 2008 10,000 0 60,186 0 1,153 40,535 0 0 363,151 38,575(11) 513,600
2007 20,000 2,572 15,470 0 0 12,914 0 0 0 30,122 81,078
2006 0 4,817 14,750 0 0 0 0 0 0 31,886 51,453
(1) Executive officers are eligible to receive an annual cash benefit for personal financial planning and/or tax advisory services. These benefits are grossed-up for taxes and the gross-up
payment is reported in the Tax Gross Up Payments column.
(2) Includes company contributions in the following plans: First Data Corporation Incentive Savings Plan (ISP), a qualified 401(k) plan (all officers except Mr. Yates); Defined
Contribution Section of the First Data Resources Limited Pension Scheme in the United Kingdom (Mr. Wall and Mr. Yates); First Data Global Supplemental Retirement Plan (Mr.
Yates). All plans are described in the Compensation Discussion and Analysis.
(3) Includes the value of imputed income on life insurance premiums paid by the Company.
(4) For 2008, amounts include all tax gross up payments related to financial planning, personal corporate aircraft usage and relocation. These amounts are respectively as follows:
Mr. Capellas $9,020/$24,448/$729; Mr. Wall $9,020/$0/$5,652; Mr. Labry $3,596/$14,254/$0; Ms. Trent $4,510/$349/$195,164; Mr. Yates $11,175/$0/$22,633. Additionally,
Mr. Wall and Mr. Yates received tax gross up payments of $4,460 and $6,727 respectively during 2008 resulting from the vesting of restricted stock awards in 2007.
(5) Includes severance benefits pursuant to the First Data Severance/Change in Control Policy for Ms. Patmore comprised of $2,400,000 representing two years base and target bonus,
$375,000 representing a prorated portion of 2008 target bonus, $19,253 for health and welfare benefits and $29,020 for financial planning and related tax gross-up.
(6) Personal use of corporate aircraft is one of the items included in Other Compensation. The amounts shown for corporate aircraft usage are the incremental cost associated with the
personal use of the aircraft by each of the named executive officers. The calculation of incremental cost for personal use of the corporate aircraft includes the average hourly variable
costs of operating the aircraft for the year attributed to the named executive officer's personal flight activity.
(7) In addition to the relocation benefits reported above, the Company provided a home equity advance through its relocation service provider in the amount of $658,945 on behalf of
Ms. Trent during 2008. The Company will be reimbursed by the relocation service provider from the proceeds of the future sale of Ms. Trent's Colorado home. This arrangement is
pursuant to the Company's relocation policy applicable to all executive officers.
(8) Other compensation for Mr. Capellas and Mr. Labry represents personal use of company aircraft.
(9) Mr. Wall's other compensation represents a monthly car allowance received while working in the United Kingdom.
(10) Ms. Patmore's 2008 other compensation was due to consulting services provided by Ms. Patmore to the Company following her employment. This consulting arrangement ended on
December 31, 2008.
(11) Mr. Yates' other compensation represents a monthly car allowance.
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