First Data 2011 Annual Report Download - page 154

GRANTS OF PLAN-BASED AWARDS
Name Grant Date
Estimated
Future
Payouts
Under
Non-Equity
Incentive
Plans (1)
Estimated
Future
Payouts
Under
Equity
Incentive
Plans (1)
All
Other
Stock
Awards:
Number
of Shares
of Stock
or Units
(#) (2)
All Other
Option
Awards:
Number of
Securities
Underlying
Options (#)
(3)
Exercise
or Base
Price of
Option
Awards
($)
Grant Date
Fair Value of
Stock and
Option
Awards ($) (4)
Market Close
Price per
Share
($)
Jonathan J. Judge 3/8/2011 41,667 125,001 3.00
3/8/2011 83,333 3.00 146,249 3.00
Ray E. Winborne (5) 2/1/2011 443,750 3.00 729,525 3.00
2/1/2011 443,750 3.00 729,525 3.00
3/8/2011 80,000 240,000 3.00
3/8/2011 160,000 3.00 280,800 3.00
Edward A. Labry III 3/8/2011 100,000 300,000 3.00
3/8/2011 200,000 3.00 351,000 3.00
John Elkins 3/8/2011 80,000 240,000 3.00
3/8/2011 160,000 3.00 280,800 3.00
Kevin Kern 3/8/2011 87,500 262,500 3.00
3/8/2011 175,000 3.00 307,125 3.00
(1) No executive officers were eligible for any Estimated Future Payouts under the Non-Equity or Equity Incentive Plans during
2011.
(2) Grants reflected in this column are grants of Restricted Stock made under the 2007 Stock Incentive Plan for Key Employees of
First Data Corporation and its Affiliates. All restricted shares granted in 2011 vest only upon the latter of three years following
the grant date and the lapse of transfer restrictions under the 2007 Equity Plan.
(3) Grants reflected in this column are grants of Stock Options made under the 2007 Stock Incentive Plan for Key Employees of
First Data Corporation and its Affiliates. The grant price was determined at the time of the grant by the Board, pursuant to their
authority under the plan, to be $3.00. The option grants listed vests in equal annual installments, 33% per year, over a three
year period from the grant date of 3/8/2011 and have a ten-year term. This applies to all grants awarded on March 8, 2011 and
vesting terms for Mr. Winborne's grants dated February 11, 2011 are further described in this table's footnote 5.
(4) Grant Date Fair Value for restricted stock and options is based on their valuation for financial reporting purposes at the time of
grant.
(5) On February 1, 2011, Ray E. Winborne Jr., the Chief Financial Officer of the Company, purchased 283,333 shares of common
stock of First Data Holdings Inc. ("Holdings"), the parent of the Company, for $850,000 and was granted options to purchase
887,500 shares of common stock of Holdings under the 2007 Stock Incentive Plan for Key Employees of First Data
Corporation (the "2007 Equity Plan"). The options have a ten-year term and an exercise price of $3.00 per share. One-half of
the options have time-based vesting, whereby 20% of the options vest on each of the first five anniversaries of Mr. Winborne's
appointment, November 10, 2010, and are subject to Mr. Winborne's continued employment. The other half of the options
granted are subject to EBITDA-based performance vesting. Subject to Mr. Winborne's continued employment, the performance
options will vest in the following percentages upon achievement of the corresponding EBITDA target in any fiscal year
beginning in 2011 and ending in 2013.
EBITDA Target Vesting %
$ 2.8 Billion 25%
$ 3.1 Billion 75%
$ 3.4 Billion 100%
146