SanDisk 2006 Annual Report Download - page 37

SUMMARY COMPENSATION TABLE — FISCAL 2006
The following table presents information regarding compensation of our Named Executive Officers for
services rendered during 2006.
Name and Principal Position
(a)
Year
(b)
Salary
($)
(c)
Bonus
($)
(d)
Stock
Awards
($)(2)
(e)
Option
Awards
($)(2)
(f)
Non-Equity
Incentive
Plan
Compensation
($)(3)
(g)
Change in
Pension Value
and
Nonqualified
Deferred
Compensation
Earnings
(h)
All Other
Compensation
($)(4)
(i)
Total
($)
(j)
Dr. Eli Harari, . . . . . . . . . . . . . 2006 800,419 — 949,729 7,012,742 1,200,000 — 6,600 9,969,490
Chief Executive Officer and
Chairman of the Board
Judy Bruner, . . . . . . . . . . . . . . 2006 397,425 — 474,864 2,518,586 451,530 — — 3,842,405
Executive Vice President,
Administration & Chief
Financial Officer
Sanjay Mehrotra, . . . . . . . . . . . 2006 469,623 — 712,296 4,006,202 605,660 — 6,600 5,800,381
President and Chief Operating
Officer
Yoram Cedar, . . . . . . . . . . . . . 2006 367,414 — 237,432 2,196,894 375,875 — 6,600 3,184,215
Executive Vice President,
Mobile Business Unit &
Corporate Engineering
Dr. Randhir Thakur, . . . . . . . . . 2006 365,863 — 1,675,023 931,013 375,882 — — 3,347,781
Executive Vice President,
Technology & Worldwide
Operations
Nelson Chan, . . . . . . . . . . . . . 2006 459,132 — 551,125(5) 4,246,130(5) — — 706,600 5,962,987
Former Executive Vice
President, Consumer
Products & Corporate
Marketing(1)
(1) Effective December 8, 2006, Mr. Chan resigned as Executive Vice President of Consumer Products &
Corporate Marketing of the Company.
(2) The amounts reported in columns (e) and (f) above reflect the aggregate dollar amounts recognized for stock
awards and option awards, respectively, for financial statement reporting purposes with respect to fiscal 2006
(disregarding any estimate of forfeitures related to service-based vesting conditions). Detailed information
about the amount recognized for specific awards is reported in the table under “Outstanding Equity Awards at
Fiscal 2006 Year-End” below. For a discussion of the assumptions and methodologies used to calculate the
amounts reported in columns (e) and (f), please see the discussion of equity incentive awards granted during
fiscal 2006 contained in Note 5 (“Compensation and Benefits”) to the Company’s Consolidated Financial
Statements, included as part of the Company’s 2006 Annual Report on Form 10-K filed with the SEC, which
note is incorporated herein by reference.
(3) The amounts reported in column (g) above reflect the aggregate dollar amounts paid to Named Executive
Officers under the terms of the fiscal 2006 cash incentive award granted under the 2005 Plan. The payouts were
made in March 2007. The material terms of these cash incentive awards are described below under “Description
of Plan-Based Awards.” The Named Executive Officers’ annual bonus for fiscal 2005, which was paid in March
2006, is not reported in this table as it related to the Named Executive Officers’ performance during fiscal 2005
and was reported as part of the Named Executive Officers’ compensation for fiscal 2005 in the Proxy Statement
for the Company’s 2006 annual meeting.
(4) Amounts shown in column (i) include matching contributions to the Company’s 401(k) Plan on behalf of
certain Named Executive Officers in the amount of $6,600; and, for Mr. Chan, an amount equal to $700,000,
which represents the amounts paid to Mr. Chan in fiscal 2006 in connection with the termination of his
employment. A more detailed explanation of the nature and amount of payments made or to be made to
Mr. Chan in connection with the termination of his employment with the Company is found below under
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