NUVA » Topics » Summary Compensation Table

This excerpt taken from the NUVA DEF 14A filed Apr 3, 2008.
Summary Compensation Table
 
The following table sets forth information concerning compensation earned for services rendered to the Company by our Chief Executive Officer (the “CEO”), our Executive Vice President and Chief Financial Officer (the “CFO”) and the Company’s next three most highly compensated executive officers for the fiscal year ended December 31, 2007. These five officers are referred to as the “named executive officers” in this Proxy Statement. The compensation described in this table does not include medical, group life insurance, or other benefits which are available generally to all of our salaried employees.
 
                                                 
                Non-Equity
       
            Option
  Incentive Plan
  All Other
  Total
Name and Principal Position
  Year   Salary ($)   Awards(1) ($)   Compensation ($)   Compensation(2) ($)   ($)
 
Alexis V. Lukianov
    2007       450,000       2,229,335       500,000       25,346       3,204,681  
Chairman and CEO
    2006       400,000       1,670,026       450,000       25,844       2,545,870  
Keith C. Valentine
    2007       325,000       1,074,111       375,000       23,852       1,797,963  
President and Chief Operating Officer
    2006       300,000       729,756       325,000       22,094       1,376,850  
Kevin C. O’Boyle
    2007       285.000       642,468       240,000       22,724       1,190,192  
Executive Vice President and CFO
    2006       275,000       527,888       210,000       22,849       1,035,737  
Patrick Miles
    2007       275,000       653,305       300,000       17,419       1,245,724  
Executive Vice President, Marketing and Development
    2006       250,000       386,964       275,000       21,417       933,381  
Jeffrey P. Rydin
    2007       260,000       708,927       275,000       197,360       1,441,287  
Senior Vice President, U.S. Sales
    2006       250,000       588,820       340,000       17,335       1,196,155  
 
 
(1) The value of the stock and option awards has been computed in accordance with Statement of Financial Standards (SFAS) No. 123R, “Share-Based Payment,” which requires that we recognize as compensation expense the value of all stock-based awards, including stock options, granted to employees in exchange for services over the requisite service period, which is typically the vesting period. For more information, see Note 6 in the Notes to Financial Statements contained in our Annual Report on Form 10-K filed with the SEC on February 29, 2008.
 
(2) For each named executive officer, comprised of health/fitness allowance, car allowance, life insurance premiums and entertainment. Additionally, Mr. Rydin received $179,951 in relocation reimbursements in 2007, which included a one-time transfer allowance ($100,000), housing allowance for eight months including tax gross-ups for a portion of such allowance ($76,916), and reimbursements for travel and meals during house hunting trips.


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Table of Contents

 
This excerpt taken from the NUVA DEF 14A filed Apr 11, 2007.
Summary Compensation Table
 
The following table sets forth information concerning compensation earned for services rendered to the Company by our Chief Executive Officer (the “CEO”), our Chief Financial Officer (the “CFO”) and the Company’s next three most highly compensated executive officers for the fiscal year ended December 31, 2006. These five officers are referred to as the “named executive officers” in this Proxy Statement. The compensation described in


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Table of Contents

this table does not include medical, group life insurance, or other benefits which are available generally to all of our salaried employees.
 
                                                 
                Non-Equity
       
            Option
  Incentive Plan
  All Other
  Total
Name and Principal Position
  Year   Salary($)   Awards(1) ($)   Compensation ($)   Compensation(2) ($)   ($)
 
Alexis V. Lukianov
Chairman and Chief Executive Officer
  2006   400,000   1,670,026   450,000   25,844   2,545,870
Keith C. Valentine
President and Chief Operating Officer
  2006   300,000   729,756   325,000   22,094   1,376,850
Kevin C. O’Boyle
Executive Vice President and Chief Financial Officer
  2006   275,000   527,888   210,000   22,849   1,035,737
Patrick Miles
Senior Executive Vice President, Marketing and Development
  2006   250,000   386,964   275,000   21,417   933,381
Jeffrey P. Rydin
Senior Vice President, U.S. Sales
  2006   250,000   588,820   340,000   17,335   1,196,155
 
 
(1) The value of the stock and option awards has been computed in accordance with Statement of Financial Standards (SFAS) No. 123R, “Share-Based Payment,” which requires that we recognize as compensation expense the value of all stock-based awards, including stock options, granted to employees in exchange for services over the requisite service period, which is typically the vesting period. For more information, see Note 6 in the Notes to Financial Statements contained in our Annual Report on Form 10-K filed with the SEC on March 15, 2007.
 
(2) Comprised of health club reimbursement, car allowance, life insurance premiums and entertainment.
 
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