Sprint - Nextel 2012 Annual Report Download - page 92

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Table of Contents
Grants of Plan
-
Based Awards
The table below summarizes awards under our short
-
and long
-
term incentive plans, and other option awards, to our named executive
officers in 2012. These awards consisted of the following:
(7)
As previously disclosed on Sprint's Current Report on Form 8-K filed on May 4, 2012, Mr. Hesse agreed to forfeit $544,607 earned with respect to the 2011
performance period associated with a discretionary adjustment the Compensation Committee made under performance unit payouts for the impact of the
iPhone
®
on Sprint's financial results. Amounts shown for 2011 are before reduction of this forfeited amount.
Awards granted pursuant to our 2012 STIC plan, which is our annual cash incentive compensation plan; and
Stock option, performance units and performance
-
based RSUs granted pursuant to our 2012 LTIC plan.
2012 Grants of Plan
-
Based Awards
Estimated Possible Payouts Under
Non-Equity Incentive Plan Awards
Estimated Future Payouts Under Equity
Incentive Plan Awards
Name
Grant
Date
Award
Type
Threshold
($)
Target ($)
Maximum
($)
Threshold
($)
Target
($)
Maximum
($)
Target #
All Other
Options
Awards: # of
Securities
Underlying
Options (#)
Exercise of
Base Price
of Option
Awards
($/Sh)
Grant Date
Fair Value
of Stock and
Option
Awards ($)
Hesse
2/22
STI
(1)
600,000
2,400,000
4,800,000
2/22
LTI(2)
1,250,000
5,000,000
7,500,000
2/22
LTI(3)
1,467,600
5,870,400
8,805,600
2/22
LTI(4)
2,155,000
8,620,000
12,930,000
2/22
pRSU(5)
277,009
617,730
2/22
pRSU(6)
321,667
717,317
2/22
pRSU(7)
997,768
2,225,023
2/22
SO(8)
995,652
2.23
1,214,695
Euteneuer
2/22
STI
(1)
251,875
1,007,500
2,015,000
2/22
LTI(3)
437,500
1,750,000
2,625,000
2/22
LTI(4)
437,500
1,750,000
2,625,000
2/22
pRSU(6)
76,419
170,414
2/22
pRSU(7)
468,750
1,045,313
2/22
SO(8)
608,696
2.23
742,609
Cowan
2/22
STI
(1)
226,563
906,250
1,812,500
2/22
LTI(2)
312,500
1,250,000
1,875,000
2/22
LTI(3)
312,500
1,250,000
1,875,000
2/22
LTI(4)
312,500
1,250,000
1,875,000
2/22
pRSU(5)
69,252
154,432
2/22
pRSU(6)
56,306
125,562
2/22
pRSU(7)
334,821
746,651
2/22
SO(8)
434,783
2.23
530,435
Elfman
2/22
STI
(1)
203,125
812,500
1,625,000
2/22
LTI(2)
375,000
1,500,000
2,250,000
2/22
LTI(3)
406,250
1,625,000
2,437,500
2/22
LTI(4)
406,250
1,625,000
2,437,500
2/22
pRSU(5)
83,103
185,320
2/22
pRSU(6)
73,198
163,232
2/22
pRSU(7)
435,268
970,648
2/22
SO(8)
565,217
2.23
689,565
Johnson
2/22
STI
(1)
131,250
525,000
1,050,000
2/22
LTI(2)
160,000
640,000
960,000
2/22
LTI(3)
175,000
700,000
1,050,000
2/22
LTI(4)
187,500
750,000
1,125,000
2/22
pRSU(5)
35,457
79,069
2/22
pRSU(6)
31,532
70,316
2/22
pRSU(7)
200,893
447,991
2/22
SO(8)
260,870
2.23
318,261