SanDisk 2012 Annual Report Download - page 67

Proxy Statement
EXECUTIVE COMPENSATION
Summary Compensation Table—Fiscal 2010—2012
The following table presents information regarding compensation of the Named Executive Officers for
services rendered during fiscal years 2012, 2011 and 2010.
Name and Principal Position Year
Salary
($)
Bonus
($)
Stock
Awards
($) (1)
Option
Awards
($) (1)
Non-Equity
Incentive
Plan
Compensation
($) (2)
All Other
Compensation
($) (3)
Total
($)
Sanjay Mehrotra, ........... 2012 880,769 — 2,389,500 2,709,615 661,500 24,852 6,666,236
President & Chief
Executive Officer (4)
2011 807,692 — 3,725,717 6,131,661 1,500,000 2,774 12,167,844
2010 597,115 — 752,809 1,264,944 1,500,000 14,212 4,129,080
Judy Bruner, ............... 2012 561,808 — 788,535 836,892 276,800 11,567 2,475,602
Executive Vice President, 2011 534,231 — 644,820 1,057,320 735,400 6,289 2,978,060
Administration & Chief
Financial Officer
2010 505,385 — 376,419 632,472 950,000 8,988 2,473,264
Sumit Sadana ............. 2012 430,769(8) — 1,731,625 634,009 211,000 9,474 3,016,877
Executive Vice President
and Chief Strategy Officer (5)
2011 378,269 — 214,940 352,440 415,300 58,250(9) 1,419,199
2010 249,038 — 531,187 597,780 375,000 139,974(10) 1,892,979
Dr. Khandker Quader, ....... 2012 346,031 — 486,900 504,782 125,800 16,962 1,480,475
Senior Vice President,
Memory Technology,
Design and Product
Development (6)
James F. Brelsford .......... 2012 406,471 — 358,425 380,405 — 22,019 1,167,320
Chief Legal Officer and
Senior Vice President of
IP Licensing (7)
2011 376,136 — 214,940 352,440 360,000 8,542 1,312,058
2010 367,885 25,000(11) 112,920 189,742 525,000 11,299 1,231,837
(1) The amounts shown represent the full grant date fair value of the stock awards and option awards granted to
the Named Executive Officers during the fiscal year as computed in accordance with FASB ASC Topic 718
(“FASB 718”). For a discussion of the assumptions and methodologies used to calculate the valuations of
the stock awards and option awards, please see the discussion of stock awards and option awards contained
in in Note 10—“Share-Based Compensation,” of the Notes to Consolidated Financial Statements in Item 8
“Financial Statements and Supplementary Data,” of the Company’s Form 10-K for the fiscal year ended
December 30, 2012 filed with the SEC on February 19, 2013. Under U.S. generally accepted accounting
principles (“GAAP”), compensation expense with respect to stock awards and option awards granted to the
Company’s employees is generally recognized over the vesting periods applicable to the awards.
(2) As described in the “Compensation Discussion and Analysis” under “Elements of the Current Executive
Compensation Program—Annual Cash Incentive Awards,” each of the Named Executive Officers received
a bonus for fiscal year 2012 in the amount disclosed, which was paid in March 2013.
(3) The amounts shown include matching contributions to the Company’s 401(k) Plan on behalf of certain
Named Executive Officers and imputed income from term life insurance coverage.
(4) Mr. Mehrotra was appointed Chief Executive Officer, effective January 1, 2011. Mr. Mehrotra served as a
member of the Board, beginning as of July 21, 2010, and as an employee-Director, Mr. Mehrotra did not
receive additional compensation for his services as a Director in fiscal years 2010, 2011 or 2012.
(5) For fiscal year 2010, amounts shown are for less than a full year, as Mr. Sadana joined the Company in
April 2010.
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