Charter 2008 Annual Report Download - page 28

Table of Contents
volatility; and expected lives of 6.3 years, 6.3 years and 4.5 years, respectively. The valuations assume no
dividends are paid. Dollar values included in the “Non-Employee Director Compensation Table” and the
“Summary Compensation Table” represent the expense recognized in 2007 relating to all awards granted in
2007 and prior.
Summary Compensation Table
The following table sets forth information as of December 31, 2007 and 2006 regarding the compensation
to those executive officers listed below for services rendered for the fiscal years ended December 31, 2007
and 2006. These officers consist of the Chief Executive Officer, Chief Financial Officer and each of the other
three most highly compensated executive officers as of December 31, 2007. None of the Named Executive
Officers participated in the Supplemental Deferred Compensation Plan.
Non-equity
Year Stock Option Incentive Plan All Other
Name and Ended Salary Bonus Awards Awards Compensation Compensation Total
Principal Position Dec. 31 ($) ($)(1) ($)(2) ($)(2) ($)(3) ($)(9) ($)
Neil Smit 2007 1,200,000 870,000(4) 2,104,677 435,687 1,596,750 20,752 6,277,866
President and 2006 1,200,000 — 2,026,364 929,745 1,725,000 30,316 5,911,425
Chief Executive
Officer
Jeffrey T. Fisher 2007 510,961 351,500 178,973 283,845 383,752 128,096 1,837,127
Executive Vice
President
2006 442,308 100,000(5) 43,520 261,728 402,500 120,737 1,370,793
and Chief
Financial Officer
Michael J. Lovett 2007 722,762 1,078,978(6) 1,211,191 515,376 778,309 29,673 4,336,289
Executive Vice
President and
2006 680,768 — 232,396 279,325 805,000 25,185 2,022,674
Chief Operating
Officer
Grier C. Raclin 2007 464,634 354,503(7) 331,221 68,893 300,205 9,140 1,528,596
Executive Vice
President,
2006 443,269 — 103,078 89,539 310,500 158,151 1,104,537
General Counsel
and Corporate
Secretary
Robert A. Quigley 2007 464,634 317,003 330,429 54,510 300,205 12,688 1,479,469
Executive Vice
President and
2006 450,000 200,000(8) 78,923 58,559 310,500 34,267 1,132,249
Chief Marketing
Officer
(1) 2007 amounts reflect Executive Cash Award Plan payouts, which were paid in January 2008. Below is a
table which reflects the balance at January 2008 in each Named Executive Officer’s Executive Cash
Award Plan account after the payouts.
Executive Cash Award Plan
Executive Amount ($)
Neil Smit 720,000
Jeffrey T. Fisher 351,500
Michael J. Lovett 978,978
Grier C. Raclin 304,503
Robert A. Quigley 317,003
(2) Amounts were calculated in accordance with SFAS No. 123R and represent expense recognized in the
period indicated related to all grants in such period and prior. For more information on SFAS No. 123R,
see “Impact of Tax and Accounting” under Compensation Discussion and Analysis.
(3) Amounts reflect the 2006 and 2007 Executive Bonus Plan bonuses earned during the 2006 fiscal year,
paid in March 2007 and during the 2007 fiscal year, paid in March 2008.
(4) In addition to his Executive Cash Award Plan payout, Mr. Smit received a $150,000 discretionary bonus
for 2007, paid in March 2008.
(5) Pursuant to his employment agreement, Mr. Fisher received a $100,000 signing bonus.
(6) In addition to his Executive Cash Award Plan payout, Mr. Lovett received a $100,000 discretionary
bonus for 2007, paid in March 2008.
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Source: CHARTER COMMUNICATIO, DEF 14A, March 17, 2008