Kodak 2009 Annual Report Download - page 199

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55
The information on these tables differs substantially from the Summary Compensation Table on page 61 of this Proxy Statement and is not
a substitute for that table. A description of those differences is found following these tables.
2009 Target Compensation
Named
Executive Officer
Base Salary
Target Annual
Variable Pay
Target Long-Term
Equity Value
Target Total Direct
Compensation(1)
A.M. Perez,
Chairman & CEO
$1,100,000
$1,705,000
$5,786,886
$8,591,886(2)
F.S. Sklarsky,
EVP & CFO
600,000
450,000
1,600,080
2,650,080
P.J. Faraci,
President & COO
700,000
595,000
1,899,978
3,194,978
J.P. Haag,
SVP and GC
461,200
299,780
720,173
1,481,153
R.L. Berman,
SVP & CHRO
385,000
250,250
775,715
1,410,965
(1) Target total direct compensation = base salary + annual variable pay (EXCEL) opportunity at target + dollar-denominated target
value of long-term equity.
(2) Our CEO’s target total direct compensation differs from that of our other Named Executive Officers because the scope and
responsibility of Mr. Perez’s position significantly exceeds the scope and responsibilities of the other Named Executive Officers. In
addition, as stated in our principles, the greater an executive’s job responsibilities, the more the executive’s direct compensation
consists of variable compensation which is aligned to changes in shareholder value and achievement of critical performance
goals.
2009 Delivered Compensation (without accelerated 2010 annual LTI grant) vs. 2009 Target Total Direct Compensation(1)
Long-Term Equity Incentive Plan
Named
Executive
Officer
Actual
2009 Base
Salary(2)
Actual 2009
Annual
Variable
Pay
2009 Stock
Option
Award
Granted in
December
2008(3)
Certified
Actual 2009
Leadership
Stock
Award(4)
Actual RSUs
Granted on
1/1/2009(5)
2009
Ad Hoc
Equity
Award(6)
Delivered 2009
Total Direct
Compensation
% 2009
Compensation
vs. Target Direct
Compensation
(Including Ad
Hoc Awards)(7)
A.M. Perez,
Chairman &
CEO
$988,660
$1,705,000
$683,901
$646,816
$611,622
$1,050,000
$5,685,999
66%
F.S.
Sklarsky,
EVP & CFO
558,811
450,000
189,098
178,840
169,109
—
1,545,858
58%
P.J. Faraci,
President &
COO
651,950
595,000
224,543
212,364
200,809
630,000
2,514,666
79%
J.P. Haag,
SVP & GC
429,537
299,780
85,112
80,512
76,131
—
971,072
66%
R.L.
Berman,
SVP &
CHRO
358,566
250,250
91,673
86,700
81,983
—
869,172
62%
(1) Target total direct compensation = base salary + annual variable pay (EXCEL) opportunity at target + dollar-denominated target
value of long-term equity.
(2) Actual base salary for 2009 reflects a salary reduction for a portion of the year (15% for Mr. Perez; 10% for Messrs. Sklarsky,
Faraci, Berman and Ms. Haag).