Sunoco 2014 Annual Report Download - page 139

Download and view the complete annual report

Please find page 139 of the 2014 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 165

  • 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

137
Sunoco Logistics Partners L.P.
Other Potential Post-Employment Payments as of December 31, 2014
Kurt Lauterbach
Senior Vice President, Lease Acquisitions
Type of Benefit
Voluntary
Termination
($) Death
($) Disability
($)
Termination
for Cause
($)
Involuntary
Termination
Not for Cause
($)
Change in
Control
($)
Cash Severance
Base Salary (1) — — — — 222,464 222,464
Additional Pension Benefits — — — — — 219,729
Restricted Units (2)
12/5/2014 Grant (3) — 421,059 421,059 — — 421,059
12/5/2013 Grant — — 604,887 — — 604,887
1/24/2013 Grant — — 372,792 — — 372,792
7/24/2012 Grant (4) — 2,626,015 2,626,015 — — 2,626,015
Total Restricted Units — 3,047,074 4,024,753 — — 4,024,753
Other Benefits
Health & Welfare (5) — — — — 2,876 2,876
TOTAL — 3,047,074 4,024,753 — 225,340 4,469,822
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. Lauterbach's award agreement for restricted units granted in December 2014 provides for vesting immediately upon death and
disability.
(4) Pursuant to the terms of Mr. Lauterbach's award agreement for restricted units granted in July 2012, in the event of his death or
disability, Mr. Lauterbach's restricted units will continue to vest and pay out.
(5) Reflects group health insurance coverage for a period of three months.