Juno 2015 Annual Report Download - page 40

Table of Contents
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
 

    
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


 



 

 


 
A. Termination without cause or resignation for good reason
(in the absence of a change in control)
Francis Lobo (1) $ — — — N/A $ —
Howard Phanstiel $ — — — N/A $ —
Edward Zinser $ 574,510 336,829 66,501 N/A $ 977,840
Shahir Fakiri $ — — — N/A $ —
Mark Harrington $ 387,200 161,995 — N/A $ 549,195
Kesa Tsuda (2) $ 219,000 54,087 — 4,347 $ 277,434
B. Involuntary termination or resignation for good reason in
connection with a change in control
Howard Phanstiel $ — — — N/A $ —
Edward Zinser $ 1,137,500 501,169 105,293 27,210 $ 1,771,172
Shahir Fakiri $ 187,500 85,112 — N/A $ 272,612
Mark Harrington $ 817,334 364,488 — 41,529 $ 1,223,351
C. Death or disability
Howard Phanstiel $ — — — N/A $ —
Edward Zinser $ 224,510 336,829 66,501 N/A $ 627,840
Shahir Fakiri $ — 68,441 2,241 N/A $ 70,682
Mark Harrington $ 67,200 161,995 — N/A $ 229,195
(1) Mr. Lobo’s employment with the Company ended in November 2015. Mr. Lobo did not receive any severance benefits in connection with his
departure.
(2) Ms. Tsuda’s employment with the Company ended in November 2015. Reflects the aggregate amount of severance benefits actually paid to
Ms. Tsuda in connection with the termination of her employment in November 2015.
(3) Includes severance and the specified bonus amounts.
(4) Except for Ms. Tsuda, the valuation is based on the $11.79 closing price of our common stock on December 31, 2015. With respect to Ms. Tsuda, the
valuation of her restricted stock unit awards is based on the $11.32 closing price of our common stock on the date of vesting of such units, which
was November 25, 2015.
(5) COBRA premiums are paid for up to 18 months for Mr. Zinser and Mr. Harrington upon their termination.
 The following table provides the estimated dollar amount of the benefit which
would have been provided to each named executive officer, other than Mr. Lobo and Ms. Tsuda, assuming a change in control had occurred on December 31,
2015 in which his or her outstanding equity awards were not continued or assumed by the successor entity or replaced with a comparable incentive
compensation program, thereby triggering the accelerated vesting of those awards.
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
 
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


 

 
Howard Phanstiel $ — — $ —
Edward Zinser $ 501,169 105,293 $ 606,462
Mark Harrington $ 364,488 — $ 364,488
Shahir Fakiri $ 204,332 2,614 $ 206,946
(1) The valuation is based on the $11.79 closing price of our common stock on December 31, 2015.

During 2015, Messrs. Armstrong, Coleman, Denman, Holt, and Miller and Dr. Scott served as members of the Compensation Committee. In
June 2015, Mr. Holt departed the Compensation Committee and Mr. Denman joined the Compensation Committee (in connection with his election to the
Board of Directors). During 2015, Messrs. Coleman, Lobo and Phanstiel served as members of the Secondary Compensation Committee, prior to its
dissolution in March 2015. None of the Compensation Committee members was employed by us at any time during 2015, and none has ever served or acted
as one of our officers or employees or had any relationships requiring disclosure by the Company under the SEC’s rules requiring disclosure of certain
relationships and related party transactions.
None of our current executive officers has ever served as a member of the board of directors or compensation committee (or other board committee
performing equivalent functions) of any other entity (other than our subsidiaries) that has or has had one or more of its executive officers serve as a member of
our Board of Directors or our Compensation Committee.
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