GPIC » Topics » Summary Compensation Table

This excerpt taken from the GPIC DEF 14A filed Apr 9, 2008.

Summary Compensation Table

Name and Principal Position

  Year
  Salary
  Bonus
  Stock Awards
  Option Awards
  Non-Equity Incentive Plan
Compensation

  Change in Pension Value and Nonqualified Deferred
Compensation
Earnings

  All Other
Compensation

  Total
Gerard P. Charlier,
Chief Executive Officer and President
  2007
2006
  $
$
288,034
244,325
(1)
(1)
 
 
 
 
 
  $
$
56,754
62,343
(3)
(4)
$
$
344,788
306,668

David W. Grimes,
Chief Financial Officer

 

2007
2006

 

$
$

172,308
4,308

(2)
(2)

 



 



 



 



 



 

$
$

13,737
300

(5)
(6)

$
$

186,045
4,608

Laura McAllister Cox,
Chief Legal and Gaming Compliance Officer

 

2007
2006

 

$
$

206,000
200,000

 

$
$

10,000
7,692

 



 



 



 



 

$
$

13,806
11,982

(7)
(8)

$
$

229,806
219,674

(1)
Mr. Charlier is President and CEO of GPIC; he received an annual salary of $100,000 from GPI USA until September 12, 2007, at which time his salary was increased to $200,000. He also received an annual salary of 115,000 euros ($157,624) from GPI SAS. In 2006, he received an annual salary of $100,000 from GPI USA and 115,000 euros ($144,325) from GPI SAS. To the extent applicable, the conversion of euros into U.S. dollars in this proxy statement has been calculated at the average exchange rate at the end of each applicable fiscal year.

(2)
Mr. Grimes was appointed as the CFO effective December 7, 2006. The 2006 amount reflects the portion of his $160,000 annual salary paid during the 2006 fiscal year. Mr. Grimes received a salary increase to $180,000 in May 2007.

(3)
This amount reflects housing in the United States of $20,991, automobile expenses in the United States of $1,213, insurance (health, dental and life) in the United States of $4,692, housing expenses in France of 7,749 euros ($10,621), automobile expenses in France of 12,397 euros ($16,992), and medical insurance in France of 1638 euros ($2,245).

(4)
This amount reflects housing in the United States of $19,555, tax preparation expenses in the United States of $1,500, automobile expense in the United States of $1,113, insurance (health, dental and life) in the United States of $4,461, housing expense in France of 12,960 euros ($16,265), automobile expenses in France of 13,953 euros ($17,511), and medical insurance in France of 1,544 euros ($1,938).

(5)
This amount reflects $7,200 in automobile expense allowance, $4,885 of insurance (health, dental, vision and life) and 401(k) match of $1,652.

(6)
This amount reflects automobile expense of $300.

(7)
This amount reflects $7,200 in automobile expense allowance, $2,046 of insurance (dental, vision and life) and 401(k) match of $4,560.

(8)
This amount reflects $7,200 in automobile expense allowance, $1,053 of insurance (dental, vision and life) and 401(k) match of $3,729.

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