GOOG » Topics » Compensation for 2007

This excerpt taken from the GOOG DEF 14A filed Mar 25, 2008.

Compensation for 2007

The following table summarizes compensation paid to non-employee directors during 2007. We did not pay any cash compensation to our non-employee directors in 2007.

 

Name

   Stock Awards ($)(1)(2)    Option Awards ($)(1)    Total ($)

L. John Doerr

   —      —      —  

John L. Hennessy(3)

   —      432,334    432,334

Arthur D. Levinson(4)

   —      399,387    399,387

Ann Mather(5)

   435,973    268,296    704,269

Michael Moritz(6)

   —      —      —  

Paul S. Otellini(7)

   —      399,387    399,387

K. Ram Shriram

   —      —      —  

Shirley M. Tilghman(8)

   404,052    195,083    599,135

 

(1)

Amounts reflect the accounting charge taken in 2007 for awards made prior to 2007 and are not necessarily an indication of which directors received the most gains from previously-granted equity awards. Accounting costs are determined, as required, under Financial Accounting Standards Board Statement of Financial Accounting Standards No. 123(R), “Share-Based Payment.” For a more detailed discussion on the valuation model and assumptions used to calculate the fair value of our options, refer to note 11 to the consolidated financial statements contained in our 2007 Annual Report on Form 10-K filed on February 15, 2008.

(2)

Stock award grants have been made in the form of Google Stock Units (GSUs). For a more detailed discussion on how we calculate the fair value of our GSUs, refer to note 11 to the consolidated financial statements contained in our 2007 Annual Report on Form 10-K filed on February 15, 2008.

(3)

At December 31, 2007, John L. Hennessy held options to purchase 25,750 shares of Class B common stock.

(4)

At December 31, 2007, Arthur D. Levinson held options to purchase 30,334 shares of Class B common stock.

(5)

At December 31, 2007, Ann Mather held options to purchase 12,000 shares of Class A common stock and 2,820 Google Stock Units.

(6)

Michael Moritz’s service on our board of directors ended on May 10, 2007.

(7)

At December 31, 2007, Paul S. Otellini held options to purchase 18,418 shares of Class B common stock.

(8)

At December 31, 2007, Shirley M. Tilghman held options to purchase 12,000 shares of Class A common stock and 3,600 Google Stock Units.

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