Sunoco 2015 Annual Report Download - page 120

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SUMMARY COMPENSATION TABLE
The Summary Compensation Table reflects the total compensation earned by each NEO in each of 2015, 2014 and 2013
(or such shorter period of time during which such individual served as an executive officer of the general partner):
Name and
Principal
Position Year Salary ($) Bonus (1)
($) Unit Awards (2)
($)
Change in
Pension Value and
Nonqualified
Deferred
Compensation
Earnings (3)
($)
All Other
Compensation (4)
($) Total ($)
M. J. Hennigan 2015 611,537 856,152 3,009,815 0 1,237,494 5,714,998
President and Chief 2014 600,000 810,000 3,941,118 263,923 813,504 6,428,545
Executive Officer 2013 574,750 810,000 5,242,400 0 336,262 6,963,412
P. Gvazdauskas (5) 2015 261,223 274,283 601,963 0 80,363 1,217,832
Chief Financial Officer and
Treasurer
K. Shea-Ballay 2015 325,713 325,713 537,745 0 158,608 1,347,779
Senior Vice President, 2014 313,875 300,000 494,660 13,785 139,988 1,262,308
General Counsel & Secretary 2013 310,000 278,000 873,390 — 74,559 1,535,949
K. Lauterbach 2015 325,044 325,044 361,178 0 375,778 1,387,044
Senior Vice President, 2014 317,419 300,000 484,752 23,462 130,043 1,255,676
Lease Acquisitions 2013 313,500 283,000 873,390 489 113,900 1,584,279
D. Chalson 2015 276,290 276,290 401,317 0 97,247 1,051,144
Senior Vice President, 2014 269,806 300,000 469,937 49,288 84,948 1,173,979
Operations 2013 266,475 285,000 873,390 15,764 47,033 1,487,662
M. Salinas, Jr. (6) 2015 n/a n/a n/a n/a 26,699 26,699
Former Chief Financial 2014 n/a n/a 457,046 n/a 37,699 494,745
Officer 2013 n/a n/a 918,464 n/a 19,562 938,026
NOTES TO TABLE:
(1) The amounts shown in this column reflect (i) annual bonuses payable under the ASIP for performance during 2015, which are
payable on or before March 15, 2016, (ii) annual bonuses paid under the ASIP for performance during 2014, which were paid on or
before March 15, 2015, and (iii) annual bonuses paid under the Sunoco Partners LLC Annual Short-Term Incentive Bonus Plan
(which was replaced by the ASIP in 2014) for performance during 2013, which were paid on or before March 15, 2014.
(2) The amounts shown in this column reflect the aggregate grant date fair value of restricted unit awards under the LTIP, calculated in
accordance with FASB ASC Topic 718. See Note 14 to our consolidated financial statements for fiscal 2015 for additional detail
regarding assumptions underlying the value of these equity awards. The amounts shown in this column reflect the grants of time-
based restricted units approved by the Compensation Committee at its regularly scheduled meetings in December 2015, December
2014, January 2014, December 2013 and January 2013. Prior to the Merger, the Compensation Committee granted equity awards in
January of the following year for performance during the previous year. Under the ETP compensation methodology, equity awards
are granted in December of the performance year. Because of the timing of the transition to ETP’s compensation methodology, the
Compensation Committee continued the pre-Merger practice for the equity awards for performance during 2012 with such awards
being granted in January 2013. Upon transitioning to ETP’s compensation methodology, the equity awards for performance during
2013 were granted in December 2013 rather than January 2014 (which would have been the case under our pre-Merger
compensation methodology). Thus, the amounts shown in this column for 2013 include equity awards granted for performance in
both the 2012 (the January 2013 grants) and 2013 (the December 2013 grants) fiscal years. In fiscal 2014 and fiscal 2015, the
Partnership did, and going forward, it is expected to, grant equity awards only once in December of the performance year; provided
that, in January 2014, the Compensation Committee approved an additional grant of restricted units to Mr. Hennigan for his
performance during 2013.