Ingram Micro 2007 Annual Report Download - page 12

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February 27, 2008, for a discussion of the estimated forfeiture rate which is not required to be taken into
account for these FAS 123R values.
(3) Mr. Atkins was eligible to receive annual Board compensation in the amount of $180,000, of which he elected
to receive $70,000 in cash and $110,000 in restricted stock. The cash portion was paid in four equal quarterly
installments. In addition, Mr. Atkins attended 22 meetings in 2007 and was paid $33,000 in meeting fees.
(4) Mr. Foster retired from the Board on June 6, 2007. Mr. Foster was eligible to receive compensation in his
capacity as non-executive Chairman in the amount of $270,833 based on his five months of service in 2007. He
elected to receive $105,324 in cash and $165,509 in restricted stock units. The cash portion was paid in two
quarterly installments. The restricted stock units were granted on January 3, 2007 and the restrictions lapsed
on May 31, 2007. In addition, Mr. Foster was eligible to receive annual Board compensation in the amount of
$75,000, based on five months of service in 2007. Mr. Foster elected to receive $29,167 in cash and $45,833 in
restricted stock units (pro rated for his five months of service). The restricted stock units were granted on
January 3, 2007 and the restrictions lapsed on June 30, 2007. Mr. Foster also attended 11 meetings and was
paid $16,500 in meeting fees.
(5) Mr. Foster’s “All Other Compensation” of $6,004,384 is pursuant to the 2005 Agreement that provides
$6,000,000 for a Non-Executive Chairman retention bonus and $4,384 for perquisites that include technical
support for computer and telecommunications, executive administrative support and tax preparation fees. Not
included in this table is Mr. Foster’s performance award granted to him when he was our Chief Executive
Officer under the June 2005-2006 Cash LTIP, which program performance period concluded at the end of
fiscal year 2006, and Mr. Foster was paid $683,267 (at 82.6% of target) in 2007; and under the 2005-2007 Cash
LTIP, which program performance period concluded at the end of fiscal year 2007, and Mr. Foster will be paid
a bonus outside of the 2005-2007 Cash LTIP in an amount of $986,022 (at 119.2% of target) in May 2008. See
“Compensation of Board of Directors — Compensation for Former Non-Executive Chairman of the Board”
for additional compensation information relating to Mr. Foster’s agreement, including his continued eligibility
while non-executive Chairman of the Board in the first half of 2007 under the Company’s cash long-term
incentive programs.
(6) Ms. Heisz was elected to the Board on March 1, 2007 and was eligible to receive annual Board compensation
in the amount of $150,000, based on ten months of service during 2007. Ms. Heisz elected to receive $150,000
in restricted stock units, which were granted on April 2, 2007 and restrictions lapsed on December 31, 2007.
The closing price of Ingram Micro stock on the day of grant was $19.28. In addition, Ms. Heisz attended 24
meetings in 2007 and was paid $36,000 in meeting fees. The cash portion was paid in four quarterly
installments. Ms. Heisz deferred receipt of her restricted stock units until she retires from the Board.
(7) Mr. J. Ingram was eligible to receive annual Board compensation in the amount of $180,000, of which he
elected to receive $70,000 in cash and $110,000 in restricted stock. The cash portion was paid in four equal
quarterly installments. In addition, Mr. Ingram attended 27 meetings in 2007 and was paid $40,500 in meeting
fees.
(8) Mrs. Ingram was eligible to receive annual Board compensation in the amount of $180,000, of which she
elected to receive $70,000 in cash and $110,000 in stock options. The cash portion was paid in four equal
quarterly installments. Mrs. Ingram attended 19 meetings in 2007 and was paid $28,500 in meeting fees.
(9) Mr. O. Ingram was eligible to receive annual Board compensation in the amount of $180,000, of which he
elected to receive $70,000 in cash and $110,000 in stock options. The cash portion was paid in four equal
quarterly installments. In addition, Mr. Ingram attended 24 meetings in 2007 and was paid $36,000 in meeting
fees.
(10) Dr. Laurance was eligible to receive annual Board compensation in the amount of $195,000 ($15,000 more
than non-chair Board members due to his service as Chair of the Governance Committee), of which he elected
$15,000 in cash and $180,000 in stock options. When Dr. Laurance was elected Non-Executive Chairman of
the Board effective June 6, 2007, his annual Board compensation was reduced by $7,500 in cash since he
resigned as Chair of the Governance Committee. However, Dr. Laurance was eligible to receive additional
compensation as Non-Executive Chairman of the Board in the amount of $125,000, based on six full months
of service, of which he elected to receive $125,000 in restricted stock units. The restricted stock units were
granted on July 2, 2007 and restrictions lapsed on December 31, 2007. The closing price of Ingram Micro
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