This excerpt taken from the EQR DEF 14A filed Apr 16, 2009.
Compensation for Our Chief Executive Officer in 2008
As Chief Executive Officer and President, Mr. Neithercut is accountable for corporate, business units and individual goals and was ultimately responsible for the results detailed in Evaluation of Company Performance in 2008. In light of the Companys assessment of Mr. Neithercuts performance during 2008 and the reduction in compensation referenced above, Mr. Neithercut received a cash bonus of $875,000 (93% of target) and a long-term compensation award of $2,299,997 (98% of target).
In order to provide our shareholders with a more complete picture of our CEOs compensation, we are providing additional compensation information not required by the SEC. Below is a table showing Mr. Neithercuts total compensation for services performed in the listed years. In contrast to the Summary Compensation Table which discloses the value of equity awards expensed for financial reporting purposes, this table shows the grant date value of such awards.