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EQR » Topics » SUPPLEMENTAL SUMMARY COMPENSATION TABLE FOR MR. NEITHERCUT

This excerpt taken from the EQR DEF 14A filed Apr 17, 2008.

SUPPLEMENTAL SUMMARY COMPENSATION TABLE FOR MR. NEITHERCUT

 

          SHARE AWARDS         Non-Equity
Incentive		    Change in
Pension Value
and
Non-Qualified		          

Year

    Salary    Restricted
Shares
(1)		    Performance
Shares
(2)		    Option
Awards (3)		    Plan
Compensation
(4)		    Deferred
Compensation
Earnings		    All Other
Compensation		    Total
Compensation
2007    $625,000    $1,533,736    $0    $511,261    $500,000    $0    $17,178    $3,187,175
2006    600,000    1,706,222    0    568,777    900,000    0    16,381    3,791,380

 

(1) Reflects the number of restricted shares granted for services performed in the listed years, multiplied by the closing price of the common shares on the grant date: 2007 – 39,765 shares valued at $38.57 per share; 2006 – 31,892 shares valued at $53.50 per share.

 

(2) No performance share units were granted for services performed in 2007 or 2006 to Mr. Neithercut or any other executive officer.

 

(3) Reflects the grant date fair value of the options granted for services performed in the listed years: 2007 – 125,309 options valued at $4.08 per option; 2006 – 90,859 options valued at $6.26 per option.

 

(4) Reflects discretionary cash bonuses paid under the Company’s short-term compensation program for services performed in 2007 and 2006.
This excerpt taken from the EQR DEF 14A filed Apr 16, 2007.

SUPPLEMENTAL SUMMARY COMPENSATION TABLE FOR MR. NEITHERCUT

                Change in Pension     
              Non-    Value and     
        SHARE AWARDS      Equity    Non-qualified     
    Cash  Restricted    Performance  Option    Incentive    Deferred     
    Bonus   Shares    Shares  Awards    Plan    Compensation   All Other    Total 
  Year         Salary       (1)       (2)         (3)       (4)         Compensation         Earnings        Compensation         Compensation 
 2006   $600,000   $900,000     $1,706,222   $0     $568,777   $0     $0        $16,381           $3,791,380  
 2005  450,000 725,000    1,582,487      364,998 527,513 0 0 4,100 3,654,098
____________________
 
(1)       Reflects the cash bonuses paid for services performed in 2006 and 2005.
 
(2) Reflects the number of restricted shares granted for services performed in the listed years, multiplied by the closing price of the common shares on the grant date: 2006 - 31,892 shares valued at $53.50 per share; 2005 - 36,974 shares valued at $42.80 per share.

26


(3)       No performance share units were granted for services performed in 2006 to Mr. Neithercut or any other executive officer. The amount listed for 2005 reflects the target number of performance share units granted for services performed in 2005 multiplied by the closing price of the common shares on the grant date (8,528 shares valued at $42.80 per share). The actual number of shares that could be issued for the three calendar year performance period ending December 31, 2008 could range from 0% to 225% of the target amount.
 
(4) Reflects the grant date fair value of the options granted for services performed in the listed years: 2006 - 90,859 options valued at $6.26 per option; 2005 - 125,003 options valued at $4.22 per option.

EXCERPTS ON THIS PAGE:

DEF 14A
Apr 17, 2008
DEF 14A
Apr 16, 2007

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