Windstream 2015 Annual Report Download - page 58

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Name
Cash
Severance
($) (1)
Pro-Rated
Bonus
($)
Cash
Equivalent
for Health Care
Premiums
($)
Outplacement
Services
($)
Accelerated
Vesting of
Restricted
Shares
($) (2)
Total on a
Qualifying
Termination
Following a
Change-in-
Control
($) (3)
Tony Thomas 6,750,000 1,250,000 55,673 50,000 2,809,367 10,915,040
Robert E. Gunderman 1,620,000 360,000 37,548 25,000 971,417 3,013,965
John P. Fletcher 2,781,000 412,000 51,033 50,000 1,362,613 4,656,646
J. David Works, Jr. 2,511,000 372,000 46,487 50,000 930,441 3,909,928
John C. Eichler 406,000 116,000 16,794 25,000 298,756 862,550
(1) This amount includes the annual incentive compensation for the year of termination, which is reflected in
the Grants of Plan-Based Awards table. Actual 2015 payouts are reflected in the “Non-Equity Incentive Plan
Compensation” column of the Summary Compensation Table.
(2) The value of the accelerated vesting of restricted shares of Windstream and CS&L is based on the closing prices
of Windstream and CS&L common stock on December 31, 2015, which were $6.44 and $18.69, respectively.
(3) None of the NEOs are eligible to receive a tax gross-up payment for the golden parachute excise tax imposed on
the change in control severance benefits under Sections 280G and 4999 of the tax code. Instead, each of them
would either (i) have his severance benefits reduced to a level such that the golden parachute excise tax would
not apply, or (ii) receive all the benefits to which he is entitled and pay the related excise tax, whichever would
result in the greater net after-tax benefit to the executive. The amounts reflected above, and for purposes of the
calculations, we assumed that the severance benefits would not be reduced.