Ingram Micro 2007 Annual Report Download - page 34

2005 CASH LTIP PERFORMANCE PAYOUT TABLE
(*Actual achievement for earned payout under the 2005 Cash LTIP was 119.2% as a result of achieving 3-Year
Cumulative Compound Annual EPS Growth Rate of 20.2% and 3-Year Average ROIC of 10.2%)
31.0%
Maximum
150% 175% 200% 250% 300%
24.5% 100% 120% 150% 175% 200%
18.0%
Target
75% 90%
*
100% 130% 160%
13.8% 50% 60% 75% 100% 120%
9.5%
Threshold
25% 33% 50% 67% 100%
3-Year
Cumulative
Compound
Annual
EPS Growth
8.3%
Threshold
9.2%
Target
11.4% 12.5 %
Maximum
3–Year Average ROIC
10.1%
Stock Ownership Guidelines
Our Company adopted revised stock ownership guidelines in November 2007. These guidelines require that our
Section 16 reporting officers hold from three to six times the value of their base salary in shares of Ingram Micro stock.
The multiple of salary is determined by the salary grade for the position they hold. The target multiple of salary was
establishedbytheCommitteebasedonacompetitivemarketreport of corporate ownership requirements prepared by its
independent outside advisor and consideration of the equity values used in determining if the guidelines have been met.
Mr. Spierkel’s target is 6 times his base salary. The target for Messrs. Monié, Murai, Humes and Koppen is four times their
base salaries and Mr. Maquet’s target is three times his base salary. The NEOs are required to reach their share ownership
target level by November 2012 or within five years of their appointment to their current position, whichever date occurs
later. In determining if the ownership guidelines have been met, the following equity values will be included: shares held
by the executive directly or through a broker, shares held jointly by the executive and his/her spouse, shares held by the
executive’s spouse, shares held by the executive’s dependent children, shares held by the executive in a custodial account
or irrevocable trust, shares held by the executive in the Company’s 401(k) plan and vested but unexercised in-the-money
options granted to the executive. As of December 29, 2007, none of the executive officers had met their share ownership
guideline. However, all officers were making progress towards achieving their ownership goals.
Retirement, Other Benefits, and Perquisites
We do not use benefit programs or perquisites as a primary compensatory element or as an enhancement to
executive officer compensation. In general, our executive officers participate in Ingram Micro’s broad-based health
and welfare, life insurance, disability, and retirement programs for management employees. Perquisites are
generally limited to home or mobile office computer and telecommunications equipment and services and a
periodic health examination provided by the Company. NEOs who are on assignment outside of their home country
(i.e., Messrs. Monié, Koppen and Maquet) may receive various expatriate assignment benefits and perquisites such
as, goods and services allowances, transportation and housing allowances, educational allowances for accompa-
nying dependent children plus various tax equalization and gross-up payments related to their assignments. The
modest perquisites we provide to our NEOs are reported in further detail in footnote 6 to the “All Other
Compensation” column in the “Summary Compensation Table” elsewhere in this proxy statement.
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