Send us Feedback

Chesapeake Energy (CHK)
Analysis
SUMMARY
BULLS
BEARS
TOPICS
Data
DATA CENTRAL
STOCK CHART
Financials
SEC FILINGS
BALANCE
INCOME
CASH FLOW

CHK » Topics » Marcus C. Rowland

This excerpt taken from the CHK DEF 14A filed Apr 30, 2009.

Marcus C. Rowland

 

Executive Benefits and

Payments Upon Separation

    Termination
without Cause		    Change of
Control		    Retirement    Incapacity of
Executive		    Death of
Executive

Compensation:

               

Cash Severance

    $ 860,000    $ 4,272,000    $ —      $ 430,000    $ 860,000

Acceleration of Equity Compensation:

               

Restricted Stock Awards

      2,692,305      2,692,305      2,692,305      —        2,692,305

Deferred Comp Plan Matching

      313,181      313,181      313,181      313,181      313,181

Benefits and Perquisites:

               

Benefit Continuation (a)

      —        —        —        15,763      —  

Accrued Vacation Pay

      10,875      10,875      10,875      10,875      10,875

Personal Travel on Fractionally- Owned Company Aircraft

      —        —        —        —        —  

Tax Gross-Up Payment (b)

      n/a      —        n/a      n/a      n/a
                                  

Total

    $ 3,876,361    $ 7,288,361    $ 3,016,361    $ 769,818    $ 3,876,361
                                  

 

(a) Amounts consist of health, life and disability insurance benefits, country club dues and personal accounting support.
(b) The estimates of compensation payable to Mr. Rowland as of December 31, 2008 upon a change of control would not trigger excise tax payable under IRC §4999.

 

59

Table of Contents
This excerpt taken from the CHK DEF 14A filed Apr 29, 2008.

Marcus C. Rowland

 

Executive Benefits and

Payments Upon Separation

   Termination
without Cause		   Change of
Control		   Retirement   Incapacity of
Executive		   Death of
Executive

Compensation:

          

Cash Severance

   $ 800,000   $ 3,852,000   $ —     $ 400,000   $ 800,000

Acceleration of Equity Compensation:

          

Restricted Stock Awards

   $ 10,143,000   $ 10,143,000   $ 10,143,000   $ —     $ 10,143,000

Deferred Comp Plan Matching

   $ 711,519   $ 711,519   $ 711,519   $ 711,519   $ 711,519

Benefits and Perquisites:

          

Benefit Continuation(a)

   $ —     $ —     $ —     $ 33,497   $ —  

Accrued Vacation Pay

   $ 10,285   $ 10,285   $ 10,285   $ 10,285   $ 10,285

401(k) Plan

   $ —     $ —     $ —     $ 10,250   $ —  

Deferred Compensation Plan

   $ —     $ —     $ —     $ 133,188   $ —  

Tax Gross-Up Payment(b)

     n/a   $ —       n/a     n/a     n/a
                             

Total

   $ 11,664,804   $ 14,716,804   $ 10,864,804   $ 1,298,739   $ 11,664,804
                             

 

(a) Amounts consist of health, life and disability insurance benefits, country club dues and personal accounting support.
(b) The estimates of compensation payable to Mr. Rowland as of December 31, 2007 upon a change of control would not trigger excise tax payable under IRC §4999.

 

48

Table of Contents

EXCERPTS ON THIS PAGE:

DEF 14A
Apr 30, 2009
DEF 14A
Apr 29, 2008

RELATED TOPICS for CHK:

Wikinvest © 2006, 2007, 2008, 2009, 2010, 2011, 2012. Use of this site is subject to express Terms of Service, Privacy Policy, and Disclaimer. By continuing past this page, you agree to abide by these terms. Any information provided by Wikinvest, including but not limited to company data, competitors, business analysis, market share, sales revenues and other operating metrics, earnings call analysis, conference call transcripts, industry information, or price targets should not be construed as research, trading tips or recommendations, or investment advice and is provided with no warrants as to its accuracy. Stock market data, including US and International equity symbols, stock quotes, share prices, earnings ratios, and other fundamental data is provided by data partners. Stock market quotes delayed at least 15 minutes for NASDAQ, 20 mins for NYSE and AMEX. Market data by Xignite. See data providers for more details. Company names, products, services and branding cited herein may be trademarks or registered trademarks of their respective owners. The use of trademarks or service marks of another is not a representation that the other is affiliated with, sponsors, is sponsored by, endorses, or is endorsed by Wikinvest.
Powered by MediaWiki