Voya 2013 Annual Report Download - page 462

(3) The equity valuations were determined using the closing market prices on December 31, 2013 and the interim payout
percentages for performance shares as of this same date. The following table details the equity valuations determined using
the Voya Financial, Inc. closing share price and ING Group closing ADS price, in each case on December 31, 2013.
Deal Incentive
Awards (ING
U.S., Inc.)
Performance Shares (ING Group) Deferred Equity
(Voya Financial, Inc.
and ING Group)
Restricted ADS
(ING Group)Name Total Value Prorated Value
Rodney O. Martin, Jr. .... $5,788,502 $ 781,895 $390,934 $2,918,896 $ 0
Alain M. Karaoglan ...... $1,929,489 $1,031,981 $641,019 $1,915,258 $ 0
Ewout L. Steenbergen .... $ 721,032 $ 380,203 $229,830 $ 564,604 $ 0
Maliz E. Beams ......... $1,351,939 $1,040,383 $664,464 $2,626,569 $ 0
Jeffrey T. Becker ........ $ 721,032 $ 396,937 $246,564 $1,312,328 $1,331,861(a)
(a) Prorated value of $761,803
(4) The executive outplacement services program for executives with a salary of $275,000 or more provides services for up
to 12 months at a fixed cost of $8,500 per participant. All NEOs would be eligible.
Report of our Compensation and Benefits Committee
Our Compensation and Benefits Committee reviewed the Compensation Discussion and Analysis (CD&A),
as prepared by the management of Voya Financial, Inc., and discussed the CD&A with the management of Voya
Financial, Inc. Based on the Committee’s review and discussions, the Committee recommended to the Board that
the CD&A be included in the Annual Report on Form 10-K.
Compensation and Benefits Committee:
J. Barry Griswell (Chair)
Frederick S. Hubbell
Willem F. Nagel
Non-Employee Director Compensation
Each of our directors that is neither our employee nor an employee of ING Group (each, a “non-employee
director”) currently receives the following compensation for their service on our Board of Directors and its
committees. For service periods of less than one year, amounts are prorated.
Element of Compensation Annual Compensation Amount
Annual Cash Fees $100,000 cash payment
Annual Equity Grant $110,000, in the form of time-vested RSUs
Committee Membership Fees $5,000 cash payment
Committee Chair Fees $20,000 cash payment (Audit Committee)
$15,000 cash payment
(Compensation and Benefits Committee)
$10,000 cash payment (all other committees)
Lead Director Fees $25,000 cash payment
Director Summary Compensation Table
The chart below indicates the elements and total value of cash compensation and of RSUs granted to each
non-employee director for services performed in 2013. Pursuant to SEC rules, this table includes equity awards
granted during 2013, and excludes equity awards granted in 2014 in respect of 2013 service. Cash amounts,
however, reflect amounts paid in respect of 2013 service, even if paid during 2014.
Director
Fees Earned or Paid in
Cash
Stock
Awards(1)
All Other
Compensation(2) Total
J. Barry Griswell $ 79,999 $ 73,534 $5,000 $158,533
Dirk Harryvan(3) $ 79,780 $ 73,534 $ — $153,314
Frederick S. Hubbell $136,593 $123,532 $ — $260,125
David Zweiner $ 88,304 $ 73,534 $5,000 $166,838
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