Windstream 2013 Annual Report Download - page 40

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Compensation of Named Executive Officers
The following table shows the compensation paid during all of 2013 by Windstream to its President and Chief
Executive Officer, Chief Financial Officer, and other three most highly compensated executive officers who were
serving as executive officers on December 31, 2013.
SUMMARY COMPENSATION TABLE
Name and
Principal Position Year Salary ($)
Stock Awards
($)
(1) (2)
Non-Equity
Incentive Plan
Compensation
($) (3)
Change in
Pension Value
and Non-Qualified
Deferred
Compensation
Earnings
($) (4)
All Other
Compensation
($) (5) Total ($)
Jeffery R. Gardner
President and CEO
2013 1,000,000 5,007,367 969,435 — 90,840 7,067,642
2012 998,615 5,199,553 1,215,000 465,075 117,107 7,995,350
2011 991,000 6,536,104 1,738,246 389,362 132,747 9,787,459
Anthony W. Thomas
CFO
2013 500,000 1,277,576 287,240 — 56,299 2,121,115
2012 496,154 1,004,561 360,000 27,199 53,594 1,941,508
2011 466,788 689,453 533,226 20,016 43,296 1,752,779
Brent Whittington
COO
2013 635,000 1,725,226 364,795 — 47,010 2,772,031
2012 631,923 1,392,297 457,200 14,279 74,879 2,570,578
2011 612,981 1,078,301 690,387 10,508 81,834 2,474,011
John P. Fletcher
EVP, General
Counsel & Secretary
2013 500,000 1,277,576 287,240 — 52,371 2,117,187
2012 496,154 1,034,753 360,000 — 59,611 1,950,518
2011 470,288 816,113 533,226 — 54,129 1,873,756
J. David Works, Jr.
EVP-Chief Human
Resources Officer (6)
2013 430,000 606,749 216,148 — 38,805 1,291,702
(1) The amounts included in this column reflect the aggregate grant date fair value calculated in accordance
with FASB ASC Topic 718. The fair value reflects the expected future cash flows of dividends and therefore
dividends on unvested shares are not separately disclosed. The amounts in this column for each fiscal year
exclude the effect of any estimated forfeitures of such awards. The assumptions used in the calculation of these
amounts are included in our audited consolidated financial statements for fiscal year 2013, which are included
in our Annual Report on Form 10-K for the fiscal year ended December 31, 2013.
As discussed in further detail in footnotes 1-3 and 9 to the Grants of Plan-Based Awards table below, the
information provided in the Stock Awards column does not reflect the manner in which the Compensation
Committee viewed or determined the equity compensation values for the named executive officers. Specifically,
under applicable SEC rules, the grant date fair values for the performance-based restricted stock or units is
calculated based on the stock price when the target for each performance period is set. As a result, from the
standpoint of allocating compensation to a particular fiscal period for purposes of this column, there is a
disparity between the value approved by the Compensation Committee and the amounts reported above for
each of the periods set forth in the column. For a discussion of the values considered by the Compensation
Committee when awarding equity compensation in 2013, see the section titled “Long-Term Equity Based
Incentive Awards” in the CD&A.
(2) No options have been awarded by Windstream for any fiscal period.