XM Radio 2014 Annual Report Download - page 43

Summary Compensation Table
The following table provides information concerning total compensation earned or paid to our
Chief Executive Officer, our Chief Financial Officer and our three other most highly compensated
executive officers who served in such capacities as of December 31, 2014 for services rendered to
us during each of the past three fiscal years. These five officers are referred to herein as the
“named executive officers”.
Name and Principal Position Year
Salary
$
Bonus
$
Stock
Awards(1)
$
Option
Awards(1)
$
All Other
Compensation(2)
$
Total
$
James E. Meyer ...................... 2014 1,550,000 6,000,000 — — 7,800 7,557,800
Chief Executive Officer 2013 1,468,590 4,720,000 3,249,998 13,568,656 58,063 23,065,307
2012 1,107,692 2,000,000 — — 205,295 3,312,987
Scott A. Greenstein . . ................. 2014 1,250,000 1,850,000 — — 7,800 3,107,800
President and Chief Content Officer 2013 1,224,520 1,700,000 1,000,002 6,500,000 7,650 10,432,172
2012 1,000,000 1,375,000 — — 7,500 2,382,500
Patrick L. Donnelly. . . ................. 2014 725,000 1,350,000 999,999 4,000,000 7,800 7,082,799
Executive Vice President, General 2013 709,712 1,275,000 — — 7,650 1,992,362
Counsel and Secretary 2012 575,000 1,150,000 — — 7,500 1,732,500
David J. Frear ........................ 2014 850,000 1,600,000 — — 7,800 2,457,800
Executive Vice President and Chief 2013 850,000 1,450,000 — — 7,650 2,307,650
Financial Officer 2012 850,000 1,200,000 — — 7,500 2,057,500
Enrique Rodriguez . . . ................. 2014 625,000 1,050,000 — — 7,800 1,682,800
Executive Vice President, Operations, 2013 531,827 950,000 1,000,000 4,400,000 47,987 6,929,814
Products and Connected Vehicle 2012 93,782 200,000 — 1,099,512 — 1,393,294
(1) The aggregate grant date fair value of stock option and RSU awards were computed in
accordance with Financial Accounting Standards Board (“FASB”) Accounting Standard
Codification (“ASC”) Topic 718. The assumptions used in the valuation of the stock options are
discussed in Note 16 to our audited consolidated financial statements in our Annual Report on
Form 10-K for the fiscal year ended December 31, 2014.
(2) For each named executive officer, the amount in the “All Other Compensation” column for 2014
reflects matching contributions by us under our 401(k) savings plan.
Grants of Plan-Based Awards in 2014
The following table provides information with respect to equity grants made during fiscal year
2014 to the named executive officers.
Name Grant Date
All Other
Stock Awards
Number of Shares
Of Stock or Units
(#)(1)
All Other
Option Awards:
Number of Securities
Underlying Options
(#)(1)
Exercise or
Base Price of
Option Awards
($/Sh)(2)
Grant Date
Fair Value
of Stock and
Option Awards
($)(3)
Patrick L. Donnelly. . . . 1/10/2014 — 3,671,045 3.7000 4,000,000
1/10/2014 270,270 — — 999,999
(1) Grants were made under the Sirius XM Radio Inc. 2009 Long-Term Stock Incentive Plan. The
stock option and RSU awards granted to Mr. Donnelly on January 10, 2014 were in connection
with his employment agreement dated January 10, 2014.
(2) The exercise price of the options granted to Mr. Donnelly on January 10, 2014 is equal to the
closing price of our common stock reported on NASDAQ on the date of the grant.
(3) The aggregate grant date fair value of stock option and RSU awards were computed in
accordance with FASB ASC Topic 718. The assumptions used in the valuation of the stock
options are discussed in Note 16 to our audited consolidated financial statements in our Annual
Report on Form 10-K for the fiscal year ended December 31, 2014.
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