AFFX » Topics » Summary Compensation Table

This excerpt taken from the AFFX DEF 14A filed Apr 29, 2005.

Summary Compensation Table

        The following table sets forth certain information concerning the compensation of our Chief Executive Officer, or CEO, and each of our four other most highly compensated executive officers

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during 2004, or collectively the Named Executive Officers, for services rendered in all capacities to the Company and its subsidiaries during fiscal years 2004, 2003 and 2002.

 
   
  Annual Compensation
  Long Term Compensation
   
 
Name and Principal Position

  Year
Ended
12/31

  Salary($)
  Bonus($)
  Other Annual
Compensation
($)(1)

  Restricted
Stock Awards
($)

  Securities
Underlying
Options(#)

  All Other
Compensation($)(2)

 
Stephen P.A. Fodor
Founder, Chairman and Chief Executive Officer
  2004
2003
2002
  542,789
475,000
470,194
  560,000
400,000
500,000
 

(3)



  100,000

  13,794
11,794
9,420
 

Susan E. Siegel
President

 

2004
2003
2002

 

434,038
425,000
420,196

 

350,000
250,000
300,000

 




 




 

60,000

200,000

 

10,530
9,780
9,030

 

Barbara A. Caulfield
Executive Vice President and General Counsel

 

2004
2003
2002

 

365,000
362,984
350,000

 

496,420
170,000
192,500

 




(4)


 


 

40,000


 

15,354
13,354
4,027

 

Gregory T. Schiffman
Executive Vice President and Chief Financial Officer

 

2004
2003
2002

 

318,077
297,332
277,118

 

216,000
135,000
154,000

 




 




 

40,000

40,000

 

10,920
10,170
9,420

 

Trevor J. Nicholls
Member of European Business Development Team (5)

 

2004
2003
2002

 

335,461
340,000
78,462

 


135,000
91,250



(8)




 




 



300,000

 

52,133
43,500
7,250

(6)
(7)
(9)

(1)
In accordance with SEC rules, perquisites totaling less than $50,000 or 10% of salary and bonus have been omitted.

(2)
Represents discretionary matching contributions made by the Company under its tax qualified employee savings and retirement plan commonly known as a 401(k) plan. Also includes premiums paid by the Company on term life insurance policies for the benefit of the named executive officers.

(3)
Additional compensation includes $5,611 which represents use of private jet service for Dr. Fodor's business and personal travel.

(4)
Additional compensation includes $47,406 which represents use of a car service for Ms. Caulfield's use for her daily commute to and from the Company's headquarters.

(5)
Effective January 1, 2005, Dr. Nicholls was named a member of the European Business Development team of Affymetrix. Previously, Dr. Nicholls was Executive Vice President, Product Marketing & Development. Dr. Nicholls joined us in October 2002.

(6)
Includes (i) Dr. Nicholls' relocation expenses of $5,549 associated with his move from the United States to the United Kingdom, (ii) automobile lease charges of $6,000, (iii) reimbursement of his expenses of $6,784 in connection with the preparation of his 2004 United States and United Kingdom tax returns and (iv) $33,800 in interest forgiven by us on Dr. Nicholls' housing loan which was previously provided under an extension of credit on June 21, 2002.

(7)
Includes $33,800 as compensation as the amount of interest forgiven by us on Dr. Nicholls' loan based on achievement of annual performance during 2003.

(8)
Includes a $50,000 sign-on bonus received by Dr. Nicholls on joining the Company in October 2002.

(9)
Represents Dr. Nicholls' relocation expenses for his move from the United Kingdom to the United States and automobile rental charges as part of his employment offer.

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