SkyWest Airlines 2014 Annual Report Download - page 158

Executive, which account is deemed invested in and earns a rate of return based upon certain
notational, self-directed investment options offered under the applicable plan.
Each Executive’s account under the SkyWest Deferred Compensation Plan and ExpressJet
Deferred Compensation Plan, as applicable, is also credited with a discretionary employer contribution
monthly, whether or not the Executive contributes. For 2014 that discretionary employer contribution
was 15% of the Executive’s salary and annual bonus. Participant account balances under the SkyWest
and ExpressJet Deferred Compensation Plans are fully vested and will be paid by the Company to each
Executive upon retirement or separation from employment, or on other specified dates, in a lump sum
form or in installments according to a schedule elected in advance by the Executive.
The following table provides information regarding the SkyWest Deferred Compensation Plan for
the Executives for the year ended December 31, 2014:
(e)
(b) (c) (d) Aggregate (f)
Executive Registrant Aggregate Withdrawals/ Aggregate
Contributions in Contributions in Earnings in Distributions in Balance at
(a) Last Year Last Year Last Year Last Year Last Year
Name(1) ($) ($)(2) ($)(3) ($) End ($)
SkyWest
Jerry C. Atkin ............ — $100,834 $218,505 — $3,392,473
Russell A. Childs .......... — $ 77,440 $ 41,121 — $ 907,567
Wade J. Steel ............. — $ 37,640 $ 5,108 — $ 140,679
Bradford R. Rich .......... — $ 72,321 $ 80,755 — $1,745,133
Michael B. Thompson ....... $478 $ 34,990 $ 15,920 — $ 300,339
Bradford R. Holt .......... — $ 0 $ 14,096 $316,919 $ 170,367
Michael J. Kraupp ......... — $ 42,757 $ 56,932 — $ 950,098
(1) For 2014, Messrs. Atkin, Childs, Steel, Rich, Thompson and Kraupp were covered by the SkyWest
Deferred Compensation Plan only and Mr. Holt was covered by both the SkyWest Deferred
Compensation Plan (as to contributions for years prior to 2009 and earnings thereon only) and the
ExpressJet Deferred Compensation Plan (with respect to contributions for 2009 through 2014 and
earnings thereon).
(2) The amounts in column (c) reflect the amounts of employer contributions credited under the
applicable deferred compensation plan for 2014 at the rate of 15% of each Executive’s 2014 base
salary and annual bonus which was paid in 2014. The amounts reported in column (c) are also
included in the amounts reported in the ‘‘Other Compensation’’ column of the Summary
Compensation Table appearing above.
(3) The amounts in column (d) reflect the notational earnings during 2014 credited to each Executive’s
account under the SkyWest Deferred Compensation Plan. These amounts are not reported in the
Summary Compensation Table because they are based on market rates determined by reference to
mutual funds that are available to participants in the SkyWest 401(k) Plan or otherwise broadly
available.
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