Sunoco 2014 Annual Report Download - page 136

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134
Sunoco Logistics Partners L.P.
Other Potential Post-Employment Payments as of December 31, 2014
Michael J. Hennigan
President and Chief Executive Officer
Type of Benefit
Voluntary
Termination
($) Death
($) Disability
($)
Termination
for Cause
($)
Involuntary
Termination
Not for Cause
($)
Change in
Control
($)
Cash Severance
Base Salary (1) — — — — 600,000 600,000
Additional Pension Benefits — — — — — 127,954
Restricted Units (2)
12/5/2014 Grant (3) — 3,093,517 3,093,517 — 3,093,517 3,093,517
1/29/2014 Grant — — 432,062 — — 432,062
12/5/2013 Grant — — 3,776,222 — — 3,776,222
1/24/2013 Grant — — 2,130,240 — — 2,130,240
12/5/2012 Grant (4) — 4,793,040 4,793,040 — 4,793,040 4,793,040
Total Restricted Units — 7,886,557 14,225,081 — 7,886,557 14,225,081
Other Benefits
Health & Welfare (5) — — — — 4,120 4,120
TOTAL — 7,886,557 14,225,081 — 8,490,677 14,957,155
NOTES TO TABLE:
(1) Consists of two weeks of base pay for each full or partial year of service, up to the maximum severance benefit in an amount that is
equal to fifty-two weeks.
(2) Reflects intrinsic values of accelerated vesting of equity awards at an assumed closing price of $41.78 (closing price of the
Partnership on December 31, 2014). Values include unvested/unearned DERs of accelerated vesting of unit ownership.
(3) Mr. Hennigan's award agreement for restricted units granted in December 2014 provides for vesting immediately upon death,
disability and involuntary not for cause termination.
(4) Mr. Hennigan's October 5, 2012 Offer Letter provides for vesting of the restricted units granted in December 2012 immediately
upon death, disability and involuntary not-for-cause termination.
(5) Reflects group health insurance coverage for a period of three months.