Sunoco 2015 Annual Report Download - page 122

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120
(6) During his tenure as Chief Financial Officer of our general partner, Mr. Salinas also served as the Chief Financial Officer of ETP's
general partner, which determined the components of his compensation, including salary, long-term incentive awards and annual
bonus. We had no control over this compensation determination process. However, our general partner’s Compensation Committee
granted equity awards, representing 33 percent of Mr. Salinas’ total long-term incentive compensation, to Mr. Salinas in December
2014, December 2013 and January 2013 in recognition of his services to us. Pursuant to his Separation Agreement with ETP, Mr.
Salinas’ equity awards vested and were distributed to Mr. Salinas in May 2015.
GRANTS OF PLAN-BASED AWARDS
The following table sets forth the grants of plan-based awards to NEOs in 2015:
Name Grant Date (1)
All Other Unit Awards:
Number of Units (2)
(#)
Grant Date Fair Value
of Unit Awards
($)
M. J. Hennigan 12/4/2015 116,750 3,009,815
President and Chief Executive Officer
P. Gvazdauskas 12/4/2015 23,350 601,963
Chief Financial Officer and Treasurer
K. Shea-Ballay 12/4/2015 20,859 537,745
Senior Vice President, General Counsel & Secretary
K. Lauterbach 12/4/2015 14,010 361,178
Senior Vice President, Lease Acquisitions
D. Chalson 12/4/2015 15,567 401,317
Senior Vice President, Operations
M. Salinas, Jr. (3) n/a n/a n/a
Former Chief Financial Officer
NOTES TO TABLE:
(1) The restricted unit awards vest 60 percent in December 2018 and the remaining 40 percent in December 2020.
(2) Reflects the grant date fair value of restricted unit awards granted under the LTIP during fiscal 2015, computed 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.
(3) Mr. Salinas’ tenure as Chief Financial Officer terminated in March of 2015, therefore, he did not receive any awards for 2015 under
the LTIP.
Narrative Disclosure to Summary Compensation Table and Grants of the Plan-Based Awards Table
A description of material factors necessary to understand the information disclosed in the tables above can be found in the
CD&A that precedes these tables.