Sunoco 2012 Annual Report Download - page 145

Download and view the complete annual report

Please find page 145 of the 2012 Sunoco 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 185

  • 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
  • 38
  • 39
  • 40
  • 41
  • 42
  • 43
  • 44
  • 45
  • 46
  • 47
  • 48
  • 49
  • 50
  • 51
  • 52
  • 53
  • 54
  • 55
  • 56
  • 57
  • 58
  • 59
  • 60
  • 61
  • 62
  • 63
  • 64
  • 65
  • 66
  • 67
  • 68
  • 69
  • 70
  • 71
  • 72
  • 73
  • 74
  • 75
  • 76
  • 77
  • 78
  • 79
  • 80
  • 81
  • 82
  • 83
  • 84
  • 85
  • 86
  • 87
  • 88
  • 89
  • 90
  • 91
  • 92
  • 93
  • 94
  • 95
  • 96
  • 97
  • 98
  • 99
  • 100
  • 101
  • 102
  • 103
  • 104
  • 105
  • 106
  • 107
  • 108
  • 109
  • 110
  • 111
  • 112
  • 113
  • 114
  • 115
  • 116
  • 117
  • 118
  • 119
  • 120
  • 121
  • 122
  • 123
  • 124
  • 125
  • 126
  • 127
  • 128
  • 129
  • 130
  • 131
  • 132
  • 133
  • 134
  • 135
  • 136
  • 137
  • 138
  • 139
  • 140
  • 141
  • 142
  • 143
  • 144
  • 145
  • 146
  • 147
  • 148
  • 149
  • 150
  • 151
  • 152
  • 153
  • 154
  • 155
  • 156
  • 157
  • 158
  • 159
  • 160
  • 161
  • 162
  • 163
  • 164
  • 165
  • 166
  • 167
  • 168
  • 169
  • 170
  • 171
  • 172
  • 173
  • 174
  • 175
  • 176
  • 177
  • 178
  • 179
  • 180
  • 181
  • 182
  • 183
  • 184
  • 185

NONQUALIFIED DEFERRED COMPENSATION
The following table includes deferred compensation provided to the NEOs in 2012, under the Sunoco, Inc.
Savings Restoration Plan (“Savings Restoration Plan”), a nonqualified plan made available to employees who
participate in the Sunoco, Inc. Capital Accumulation Plan, or SunCAP, (Sunoco’s 401(k) plan) and who may be
subject to Code limits on compensation and/or contributions. Under the Savings Restoration Plan, the participants
were able to contribute to an account in excess of the applicable limits. The executive’s contributions and our
general partner’s matching contributions were credited to the extent they would be credited under the SunCAP.
Ms. Elsenhans and Messrs. Colavita and MacDonald participated in the savings Restoration Plan and in the
SunCAP as employees of Sunoco. Since we did not make any matching contributions to either plan on their behalf,
nor did we reimburse Sunoco for any other expense relating to their participation in these plans, we have not
provided any disclosure with regard to the participation of Ms. Elsenhans and Messrs. Colavita and MacDonald in
the Savings Restoration Plan and/or SunCAP. The investment funds available under the Savings Restoration Plan
were the same as those available to all employees participating in the SunCAP, and the executive received earnings
on those investments, depending on the fund’s performance, calculated in the same manner and at the same rate as
for all other employees invested in those funds in the SunCAP. Effective as of December 31, 2012, the Savings
Restoration Plan was terminated, amounts outstanding in participant accounts were liquidated, and the affected
participating employees received the cash value of their outstanding account balances from Sunoco.
The following table also includes any remaining balances that each NEO has accrued under the annual
financial planning allowance that was discontinued beginning on January 1, 2007. NEOs are allowed to use
remaining balances accrued prior to 2005, if any.
Name Source
Executive
Contributions
in 2012
($)
Registrant
Contributions
in 2012(1)
($)
Aggregate
Earnings
in 2012(2)
($)
Aggregate
Withdrawals/
Distributions
($)
Aggregate
Balance at
December 31,
2012
($)
M. J. Hennigan ........ Savings Restoration Plan 13,750 31,396 32,671 230,273 0
President and Financial Counseling (3) 2,350
Chief Executive Officer
M. Salinas, Jr. ......... Savings Restoration Plan n/a n/a n/a n/a n/a
Chief Financial Officer
K. Shea-Ballay ........ Savings Restoration Plan 1,199 1,918 377 0 5,991
Vice President, General
Counsel & Secretary
L. L. Elsenhans ........ Savings Restoration Plan n/a n/a n/a n/a n/a
Former Chairman and
Chief Executive Officer
B. P. MacDonald ...... Savings Restoration Plan n/a n/a n/a n/a n/a
Vice President and
Chief Financial Officer
M. J. Colavita ......... Savings Restoration Plan n/a n/a n/a n/a n/a
Former Interim
Chief Financial Officer
NOTES TO TABLE:
(1) These amounts represent our general partner’s match under the Sunoco, Inc. Savings Restoration Plan
(described above), and which are also included in the Summary Compensation Table in the “All Other
Compensation” column for this fiscal year.
(2) These amounts reflect the net gains (losses) attributable to the investment funds in which the NEOs are
deemed to have chosen to invest their contributions and our general partner’s matching contributions under
the Savings Restoration Plan, which are based on how their contributions under SunCAP are invested.
143