Sunoco 2012 Annual Report Download - page 138

GRANTS OF PLAN-BASED AWARDS
The following table sets forth the grant of plan-based awards to NEOs in 2012:
Name Grant Date
Estimated Future Payouts
Under Non-Equity Incentive
Plan Awards(1)
Estimated Future Payouts
Under Equity Incentive Plan
Awards(2)
All
Other
Stock
Awards:
Number
of
Shares
of Stock
or Units
(#)
Grant
date fair
value of
stock and
option
awards(3)
($)
Threshold
($)
Target
($)
Maximum
($)
Threshold
(#)
Target
(#)
Maximum
(#)
M. J. Hennigan .........03-01-2012 — 550,000 1,100,000
President and Chief
Executive Officer
03-01-2012 — 35,033 70,066 n/a 1,210,565
03-01-2012 19,535 773,000
12-05-2012 90,000 4,549,500
M. Salinas, Jr. .........01-26-2012 — n/a n/a
Chief Financial Officer 01-26-2012 — n/a n/a n/a n/a
K. Shea-Ballay .........01-26-2012 — 116,200 232,400
Vice President, General
Counsel & Secretary 01-26-2012 — 6,152 12,304 n/a 212,582
L. L. Elsenhans ........01-26-2012 n/a n/a n/a
Former Chairman and
Chief Executive Officer 01-26-2012 — n/a n/a n/a n/a
B. P. MacDonald .......01-26-2012 n/a n/a n/a
Former Vice President
and Chief Financial
Officer 01-26-2012 — n/a n/a n/a n/a
M. J. Colavita ..........01-26-2012 n/a n/a n/a
Former Interim Chief
Financial Officer 01-26-2012 — n/a n/a n/a n/a
NOTES TO TABLE:
(1) This reflects a target and maximum annual incentive award amounts granted under our general partner’s
Annual Incentive Plan for each NEO equal to the target percentages set forth above in the section entitled
“Elements of Compensation—Annual Incentive Awards—2012 Annual Incentive Payout Amount.” The
maximum reflects that the NEO may receive up to 200 percent of the target annual incentive award amount.
The annual incentive is paid out in cash, and amounts earned for performance during the 2012 year will be
paid out no later than March 15, 2013.
(2) The 2012 annual grants of performance-based restricted units were awarded under the LTIP on January 26,
2012. These performance-based restricted units were granted with tandem distribution equivalent rights.
Actual payout of these awards will depend upon our achievement of certain specified performance levels,
based upon weighted annual objectives for total unitholder return relative to our LTIP peer group and
distribution coverage ratio relative to defined goals. The portion of each award that may be earned during
the performance period (which runs from January 1, 2012 to December 31, 2013) ranges from a threshold
value of zero, to a target value equal to 100 percent of the award, and a maximum value of 200 percent of
the award. Payment of amounts earned will occur following the end of the performance period, assuming
continued employment with the general partner at such time. See “Other Post-Employment Payments” for a
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