Freddie Mac 2015 Annual Report Download - page 380

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Executive Compensation 2015 Compensation Information for NEOs
Freddie Mac 2015 Form 10-K 378
following the occurrence of a for cause termination. See “— Written Agreements Relating to NEO
Employment — Recapture and Forfeiture Agreement.”
The table below also does not include vested balances in the SERP. All NEOs are fully vested in their
account balances. Amounts shown in the table also do not include certain items available to all
employees generally upon a termination event.
The table below also does not include stock options or RSUs, as there were no outstanding stock options
or RSUs held by NEOs as of December 31, 2015.
Death Disability Retirement(1)
All Other Not
For Cause
Terminations(2)
Donald H. Layton
Deferred Salary:
Fixed $ 818,886 $ 818,886 $ 818,886 $
At Risk-Conservatorship Scorecard(3) 239,674 239,674 232,484
At Risk-Corporate Scorecard/Individual(4) 239,674 239,674 239,674
Interest on Deferred Salary(5) 654 1,623 1,614
Total $1,298,888 $1,299,857 $1,292,658 $ —
James G. Mackey
Deferred Salary:
Fixed $1,600,000 $1,600,000 $ — $ 1,184,000
At Risk-Conservatorship Scorecard(3) 450,000 450,000 — 436,500
At Risk-Corporate Scorecard/Individual(4) 450,000 450,000 — 450,000
Interest on Deferred Salary(5) 1,945 3,125 2,588
Total $2,501,945 $2,503,125 $ — $ 2,073,088
Michael T. Hutchins
Deferred Salary:
Fixed $ 1,181,728 $1,181,728 $ — $ 874,479
At Risk-Conservatorship Scorecard(3) 354,518 354,518 — 343,883
At Risk-Corporate Scorecard/Individual(4) 354,518 354,518 — 354,518
Interest on Deferred Salary(5) 1,471 2,363 1,966
Total $1,892,235 $1,893,127 $ — $ 1,574,846
David B. Lowman
Deferred Salary:
Fixed $1,600,000 $1,600,000 $ — $ 1,184,000
At Risk-Conservatorship Scorecard(3) 450,000 450,000 — 436,500
At Risk-Corporate Scorecard/Individual(4) 450,000 450,000 — 450,000
Interest on Deferred Salary(5) 1,945 3,125 2,588
Total $2,501,945 $2,503,125 $ — $ 2,073,088
William H. McDavid
Deferred Salary:
Fixed $ 1,320,000 $1,320,000 $1,320,000 $ —
At Risk-Conservatorship Scorecard(3) 390,000 390,000 378,300
At Risk-Corporate Scorecard/Individual(4) 390,000 390,000 390,000
Interest on Deferred Salary(5) 1,633 2,625 2,610
Total $2,101,633 $2,102,625 $2,090,910 $ —
(1) Messrs. Layton and McDavid are the only retirement-eligible NEOs under the 2015 EMCP.