Windstream 2012 Annual Report Download - page 35

Download and view the complete annual report

Please find page 35 of the 2012 Windstream annual report below. You can navigate through the pages in the report by either clicking on the pages listed below, or by using the keyword search tool below to find specific information within the annual report.

Page out of 196

  • 1
  • 2
  • 3
  • 4
  • 5
  • 6
  • 7
  • 8
  • 9
  • 10
  • 11
  • 12
  • 13
  • 14
  • 15
  • 16
  • 17
  • 18
  • 19
  • 20
  • 21
  • 22
  • 23
  • 24
  • 25
  • 26
  • 27
  • 28
  • 29
  • 30
  • 31
  • 32
  • 33
  • 34
  • 35
  • 36
  • 37
  • 38
  • 39
  • 40
  • 41
  • 42
  • 43
  • 44
  • 45
  • 46
  • 47
  • 48
  • 49
  • 50
  • 51
  • 52
  • 53
  • 54
  • 55
  • 56
  • 57
  • 58
  • 59
  • 60
  • 61
  • 62
  • 63
  • 64
  • 65
  • 66
  • 67
  • 68
  • 69
  • 70
  • 71
  • 72
  • 73
  • 74
  • 75
  • 76
  • 77
  • 78
  • 79
  • 80
  • 81
  • 82
  • 83
  • 84
  • 85
  • 86
  • 87
  • 88
  • 89
  • 90
  • 91
  • 92
  • 93
  • 94
  • 95
  • 96
  • 97
  • 98
  • 99
  • 100
  • 101
  • 102
  • 103
  • 104
  • 105
  • 106
  • 107
  • 108
  • 109
  • 110
  • 111
  • 112
  • 113
  • 114
  • 115
  • 116
  • 117
  • 118
  • 119
  • 120
  • 121
  • 122
  • 123
  • 124
  • 125
  • 126
  • 127
  • 128
  • 129
  • 130
  • 131
  • 132
  • 133
  • 134
  • 135
  • 136
  • 137
  • 138
  • 139
  • 140
  • 141
  • 142
  • 143
  • 144
  • 145
  • 146
  • 147
  • 148
  • 149
  • 150
  • 151
  • 152
  • 153
  • 154
  • 155
  • 156
  • 157
  • 158
  • 159
  • 160
  • 161
  • 162
  • 163
  • 164
  • 165
  • 166
  • 167
  • 168
  • 169
  • 170
  • 171
  • 172
  • 173
  • 174
  • 175
  • 176
  • 177
  • 178
  • 179
  • 180
  • 181
  • 182
  • 183
  • 184
  • 185
  • 186
  • 187
  • 188
  • 189
  • 190
  • 191
  • 192
  • 193
  • 194
  • 195
  • 196

The following table shows information regarding outstanding awards under the Windstream equity incentive plans held
by the individuals named below as of December 31, 2012. All awards represent grants of restricted stock under the Equity
Plan.
OUTSTANDING EQUITY AWARDS AT FISCAL YEAR-END
Stock Awards (1)
Time-Based Vesting Restricted Stock Performance-Based Vesting Restricted Stock
Name
Number of Shares or
Units of Stock That
Have Not Vested (#)
Market Value of
Shares or Units of
Stock That Have Not
Vested ($) (2)
Equity Incentive Plan
Awards: Number of
Unearned Shares, Units or
Other Rights That Have Not
Vested (#)
Equity Incentive Plan
Awards: Market or Payout
Value of Unearned
Shares, Units or Other
Rights That Have Not
Vested ($) (2)
Jeffery R. Gardner 151,860 (7) 1,257,401 317,481 (3) 2,628,743
337,650 (4) 2,795,742
274,650 (5) 2,274,102
2012 Total 151,860 1,257,401 929,781 7,698,587
Anthony W. Thomas 27,057 (6) 224,032 38,847 (3) 321,653
18,966 (7) 157,038 45,942 (4) 380,400
8,842 (8) 73,212 51,580 (5) 427,082
65,217 (9) 539,997
2012 Total 120,082 994,279 136,369 1,129,135
Brent Whittington 39,276 (6) 325,205 55,352 (3) 458,323
24,713 (7) 204,624 59,773 (4) 494,916
12,057 (8) 99,832 70,338 (5) 582,395
65,217 (9) 539,997
2012 Total 141,263 1,169,658 185,463 1,535,634
John P. Fletcher 29,484 (6) 244,128 41,274 (3) 341,749
18,966 (7) 157,038 45,972 (4) 380,400
8,842 (8) 73,212 51,580 (5) 427,082
65,217 (9) 539,997
2012 Total 122,509 1,014,375 138,796 1,149,231
Cynthia B. Nash 14,259 (6) 118,065 19,617 (3) 162,429
9,081 (7) 75,191 22,033 (4) 182,433
4,019 (8) 33,277 23,445 (5) 194,125
43,478 (9) 359,998
2012 Total 70,837 586,531 65,095 538,987
(1) There are no outstanding awards of stock options for any NEO of Windstream.
(2) Market value calculated using the closing price of Windstream Common Stock on December 31, 2012, which was $8.28.
(3) Performance-based shares were scheduled to vest on February 15, 2013, if at all, based on achievement of performance
objectives set by the Compensation Committee for fiscal 2012. As a result of actual performance in 2012, 100% of the
shares reported vested on February 15, 2013.
(4) Performance-based shares will vest February 15, 2014, if Windstream achieves the performance objectives set by the
Compensation Committee for fiscal 2013. See section titled “2013 Compensation Actions” in the CD&A. Also includes
overachievement shares related to the 2011 grant of PBRSUs as noted in footnote 5 of the “Grants of Plan-Based
Awards” table.
(5) Performance-based shares will vest on February 15, 2015, if Windstream achieves the performance objectives set for
fiscal 2014, which have not yet been established by the Compensation Committee. Also includes overachievement
shares related to the 2012 grant of PBRSUs as noted in footnote 4 of the “Grants of Plan-Based Awards” table.
(6) Shares vested 100% on February 15, 2013.
(7) Shares vest in full on February 15, 2014.
(8) Shares vest in full on February 15, 2015.
(9) Shares vest in full on August 15, 2013.
29