Send us Feedback

EOG Resources (EOG)
Analysis
SUMMARY
BULLS
BEARS
TOPICS
Data
DATA CENTRAL
STOCK CHART
Financials
SEC FILINGS
BALANCE
INCOME
CASH FLOW

EOG » Topics » NONQUALIFIED DEFERRED COMPENSATION TABLE

This excerpt taken from the EOG DEF 14A filed Mar 29, 2007.

NONQUALIFIED DEFERRED COMPENSATION TABLE

     The following table provides certain information with respect to each defined contribution plan that provides for the deferral of compensation on a basis that is not tax qualified.

  Executive Registrant Aggregate    
  Contributions   Contributions Earnings in Aggregate Aggregate
  in Last Fiscal in Last Fiscal Last Fiscal Withdrawals/ Balance at Last
  Year Year Year   Distributions Fiscal Year
Name   ($)(a) ($) ($)(b) ($) End ($)(c)
Mark G. Papa  $  47,000    $     238,500  $ 136,157     $    2,842,753 
Edmund P. Segner, III  $  26,000    $     102,801  $ (8,524 )    $    2,231,828 
Loren M. Leiker  $  15,000  $  94,260  $ 223,010     $    1,672,242 
Gary L. Thomas  $  20,000  $  94,260  $ 198,752     $    1,289,898 
Barry Hunsaker, Jr.  $  0  $  57,584  $ 97,420     $ 874,975 
____________________
(a)      

One hundred percent of such amount is reported in the salary column of the summary compensation table.

 
(b)      

Amounts included in this column do not include above-market or preferential earnings (of which there were none) and, accordingly, such amount is not included in the Change in Pension Value and Nonqualified Deferred Compensation Earnings column of the Summary Compensation Table.

 
(c)      

The amount of the aggregate balance as of December 31, 2006 that has been contributed by the Named Officer and shown as compensation in the Summary Compensation Table in previous years for each of the Named Officers is: Mr. Papa, $861,375; Mr. Segner, $1,144,093; Mr. Leiker, $1,011,875; Mr. Thomas, $784,363; and Mr. Hunsaker, $501,480. The amount of the aggregate balance as of December 31, 2006 that has been contributed by EOG and shown as compensation in the Summary Compensation Table in previous years for each of the Named Officer is: Mr. Papa, $943,501; Mr. Segner, $458,396; Mr. Leiker, $329,887; Mr. Thomas, $355,314; and Mr. Hunsaker, $189,218.

     Under our 1996 Deferral Plan, each Named Officer can elect to defer up to 50% of his regular salary and/or up to 100% of the cash portion of his annual bonus payout. Deferral elections are irrevocable and must be made prior to the first day of the calendar year during which the compensation would be earned.

     Deferrals are invested into either the Flexible Deferral Account, in which deferrals are treated as if they had been invested into various investment funds as directed by the participant, in which returns vary based on the performance of the funds; or into the Phantom Stock Account, in which deferrals are treated as if they had purchased our common stock, including reinvestment of dividends.

     Participants in the deferral plan may elect a lump sum payout or annual installment payouts for up to 15 years following their separation from service, disability, or death. If a participant elected to defer funds into the Phantom Stock Account, distributions will be made in shares of our common stock. A participant may also elect to receive his account balance in a lump sum upon a change of control (as defined in the Deferral Plan).

     A participant may receive an in-service distribution in the following ways:

n  through a Special Deferral Account, under which distribution of all or a part of a participant’s account balance can be made over a period of one to five years beginning after the first anniversary of the election; or

n  through a hardship distribution, in which the committee responsible for administering the plan (in its sole discretion) grants the participant’s request for a distribution based on unforeseeable circumstances causing urgent and severe financial hardship for the participant.

20

"NONQUALIFIED DEFERRED COMPENSATION TABLE" elsewhere:

Consolidated Edison (ED)
Murphy Oil (MUR)
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