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ISLN » Topics » Summary Compensation Table

This excerpt taken from the ISLN DEF 14A filed Mar 31, 2009.

Summary Compensation Table

 

Name and Principal Position

   Year   Salary
($)		   Bonus
($)		   Option
Awards
($)(1)		   Non-Equity
Incentive Plan
Compensation
($)(2)		   All Other
Compensation
($)(3)		   Total
($)

Sujal M. Patel

   2008   252,884   —     306,180   170,564   —     729,628

president and chief executive officer

   2007   196,153   —     45,032   44,825   —     286,010

William D. Richter(4)

   2008   187,135   50,000   196,660   42,641   —     476,436

chief financial officer and vice president of finance

   2007   149,931   75,000   137,601   21,750   —     384,282

Steven D. Fitz(5)

   2008   245,115   —     581,705   243,148   —     1,069,968

senior vice president of worldwide sales and services

   2007   234,860   —     299,250   71,740     605,850

Keenan M. Conder

   2008   202,308   —     322,121   127,923   —     652,352

vice president general counsel and corporate secretary

              

Gwen E. Weld

   2008   197,923   —     302,675   127,923   —     628,521

vice president of human resources and organizational development

   2007   173,558   —     260,791   33,411   —     467,760

 

(1) Amounts shown reflect the accounting expense recognized by us for financial statement reporting purposes in accordance with SFAS 123(R), disregarding any estimate of forfeitures during the year, but accounting for any actual forfeitures by a named executive officer during the fiscal year. For information on the assumptions used to calculate the value of the awards, refer to note 8 of our consolidated financial statements in our form 10-K for the fiscal year ended December 31, 2008. These amounts do not reflect whether the named executive officer has actually realized a financial benefit from the award.
(2) Amounts disclosed under “Non-Equity Incentive Plan Compensation” reflect the cash awards earned by the named executive officers, as discussed in further detail under the heading “Performance-Based Incentive Compensation.”
(3) None of our named executive officers received any other compensation during the fiscal year that was not provided to all employees generally.
(4) Our named executive officers do not typically receive discretionary cash bonuses. Since the third quarter of 2007, Mr. Richter has received cash payments as compensation for agreeing to serve as our interim chief financial officer. On March 8, 2009, the board of directors named Mr. Richter as the company’s chief financial officer.
(5) Mr. Fitz, our senior vice president of worldwide sales, was eligible for performance-based incentive compensation similar to our other executive officers except that Mr. Fitz received the revenue portion of his bonus payout on a quarterly, rather than annual, basis.

 

33

Table of Contents
This excerpt taken from the ISLN DEF 14A filed Apr 9, 2007.
Summary Compensation Table
 
The following table provides information regarding the compensation of our chief executive officer, chief financial officer and our other three most highly-compensated executive officers (collectively, the “named executive officers”) in 2006.
 

EXCERPTS ON THIS PAGE:

DEF 14A
Mar 31, 2009
DEF 14A
Apr 9, 2007

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