Windstream 2015 Annual Report Download - page 44

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42 |
Name
Grant Date Fair Value
of PBRSUs
(Probable Payout)
($)
Grant Date Fair Value
of PBRSUs
(Maximum Payout)
($)
Tony Thomas 851,550 1,059,891
Robert E. Gunderman 241,471 316,477
John P. Fletcher 580,907 680,912
J. David Works 378,689 453,695
John C. Eichler 85,775 85,775
David M. Redmond 196,054 250,228
(2) No options have been awarded by Windstream for any fiscal period.
(3) These amounts represent payments made under the short-term incentive plan on performance. The 2015
payments were paid on February 26, 2016.
(4) Pension value for Mr. Thomas decreased $4,617 during 2015. Messrs. Gunderman, Fletcher, Works, Eichler and
Redmond do not participate in the Windstream Pension Plan.
(5) For 2015, the amounts shown in this column are comprised of (i) company matching contributions under the
Windstream 401(k) Plan of $9,418 for Mr. Redmond and $10,600 for each of the remaining NEOs, (ii) imputed
income for value over $50,000 of life insurance coverage provided by Windstream, (iii) the value of the individual’s
personal use of the Company airplane, (iv) healthy rewards program incentives (which are generally available
to all employees), and (v) cell phone allowances. The value of an individuals use of the Company airplane as
reported in this column is based on the incremental cost to Windstream of such usage which includes costs
for fuel, maintenance charges allocable to such use, and contract-pilot charges but excludes depreciation of the
aircraft, general maintenance, compensation of Windstreams employee pilots and other general charges related
to ownership of the aircraft. Also included in these amounts are the following company matching contributions
under the Windstream 2007 Deferred Compensation Plan made in 2016, but attributable to service in 2015:
Mr. Thomas ($46,034), Mr. Gunderman ($10,078), Mr. Fletcher ($15,407), Mr. Works ($12,882), Mr. Eichler
($2,745) and Mr. Redmond ($0). The amounts do not include matching contributions that were attributable to
service in 2014 but made in 2015, as those awards are reported in the “All Other Compensation” column as 2014
compensation, as reported in the “Non-Qualified Deferred Compensation” table below. Also included in these
amounts for Mr. Redmond are $262,500 in separation payments and a $11,779 payment for accrued and unused
vacation, each paid to Mr. Redmond in connection with his resignation in 2015.
(6) Mr. Redmond was not an NEO in 2014 or 2013; Messrs. Gunderman and Eichler were not NEOs in 2013.