ServiceMagic 2015 Annual Report Download - page 17

Download and view the complete annual report

Please find page 17 of the 2015 ServiceMagic annual report below. You can navigate through the pages in the report by either clicking on the pages listed below, or by using the keyword search tool below to find specific information within the annual report.

Page out of 37

  • 1
  • 2
  • 3
  • 4
  • 5
  • 6
  • 7
  • 8
  • 9
  • 10
  • 11
  • 12
  • 13
  • 14
  • 15
  • 16
  • 17
  • 18
  • 19
  • 20
  • 21
  • 22
  • 23
  • 24
  • 25
  • 26
  • 27
  • 28
  • 29
  • 30
  • 31
  • 32
  • 33
  • 34
  • 35
  • 36
  • 37

TableofContents
EXECUTIVECOMPENSATION
Overview
TheExecutiveCompensationsectionsetsforthcertaininformationregardingtotalcompensationearnedbyournamedexecutivesin2015,aswellas
equityawardsmadetoournamedexecutivesin2015,equityawardsheldbyournamedexecutivesonDecember31,2015andthedollarvaluerealizedbyour
namedexecutivesuponthevestingandexerciseofequityawardsduring2015.
SummaryCompensationTable
Stock Option AllOther  
 Salary Bonus Awards Awards Compensation Total
NameandPrincipalPosition Year ($) ($) ($)(1) ($)(2) ($)(3) ($)
BarryDiller 2015$ 500,000——$ 14,220,000$ 1,136,025$ 15,856,025
ChairmanandSeniorExecutive 2014$ 500,000$ 2,200,000——$ 967,978$ 3,667,978
2013$ 500,000$ 2,750,000——$ 753,090$ 4,003,090
      
JosephLevin 2015$ 1,000,000$ 1,250,000—$ 8,066,000(4) $ 340,622$ 10,656,622
ChiefExecutiveOfficer(sinceJune2015)       
      
VictorA.Kaufman 2015$ 100,000$ 100,000$ 349,972—$ 16,796$ 566,768
ViceChairman 2014$ 100,000$ 100,000$ 349,947—$ 18,083$ 568,030
2013$ 100,000$ 200,000$ 349,976—$ 14,499$ 664,475
      
JeffreyW.Kip 2015$ 575,000$ 1,250,000—$ 1,476,000$ 7,950$ 3,308,950
FormerExecutiveVicePresidentandChief
FinancialOfficer(throughJune2015)
2014$ 575,000$ 1,000,000—$ 2,447,500$ 7,800$ 4,030,300
2013
$ 575,000
$ 1,250,000
$ 749,995
$ 753,140
$ 7,650
$ 3,335,785
GreggWiniarski 2015$ 500,000$ 1,500,000—$ 1,476,000$ 7,950$ 3,483,950
ExecutiveVicePresident,GeneralCounseland
Secretary
2014$ 500,000$ 1,000,000—$ 2,447,500$ 7,800$ 3,955,300
2013
$ 500,000
$ 1,125,000
$ 500,013
$ 502,097
$ 7,650
$ 2,634,760
(1)ReflectsthedollarvalueofRSUawards,calculatedbymultiplyingtheclosingmarketpriceofIACcommonstockonthegrantdatebythenumberofRSUsawarded.
(2)In2015,Messrs.Diller,Levin,KipandWiniarskiweregrantedstockoptionawardswithvestingtiedtocontinuedserviceandMr.Levinwasgrantedaperformancestockoption
awardwithvestingtiedtocontinuedserviceandexercisabilitytiedtothesatisfactionofcertainperformance-basedconditionsrelatedtotheCompany’sstockprice.Accordingly,for
Messrs.Diller,KipandWiniarski,theseamountsrepresentthegrantdatefairvalueoftheirstockoptionawardsusingtheBlack-Scholesoptionpricingmodel.AndforMr.Levin,
$3,980,000ofthisamountrepresentsthegrantdatefairvalueofstockoptionawardsusingtheBlack-Scholesoptionpricingmodeland$4,086,000ofthisamountrepresentsthegrant
datefairvalueoftheperformancestockoptionawardusingalatticemodelthatincorporatesaMonteCarlosimulationoftheCompany’sstockprice.Fordetailsregardingthe
assumptionsusedtocalculatetheseamountsin2015,seefootnotes4and7totheGrantsofPlan-BasedAwardsin2015tableonpage16.
14