NUE » Topics » Summary Compensation Table

This excerpt taken from the NUE DEF 14A filed Mar 25, 2009.

Summary Compensation Table

 

The table below describes the total compensation paid to our Executive Officers in 2008.

 

Name and Principal Position

  Year   Salary
($)
  Bonus
($)
  Stock Awards
($) (1)
  Option Awards
($) (1)
  Non-Equity
Incentive Plan
Compensation
($)
  All Other
Compensation
($) (2)
  Total
($)
(a)   (b)   (c)   (d)   (e)   (f)   (g)   (i)   (j)

Daniel R. DiMicco

Chairman, President and Chief Executive Officer

  2008
2007
2006
  800,000
755,000
725,000
 

  2,120,918
3,904,891
5,694,567
 


121,760

  2,160,000
2,010,188
2,011,875
  3,875
2,786
2,704
  5,084,793
6,672,865
8,555,906

Terry S. Lisenby

Chief Financial Officer, Treasurer and Executive Vice President

  2008
2007
2006
  434,900
424,200
413,900
 

  902,152
1,925,977
3,345,347
 


60,874

  1,174,230
1,129,433
1,148,573
  3,875
3,467
3,352
  2,515,157
3,483,077
4,972,046

John J. Ferriola

Chief Operating Officer

of Steelmaking Operations

  2008
2007
2006
  434,900
395,510
376,300
 

  1,180,487
1,950,121
2,629,371
 


50,730

  1,174,230
1,053,044
1,044,233
  3,875
3,875
3,750
  2,793,492
3,402,550
4,104,384

Keith B. Grass

Executive Vice President

  2008
2007
2006
  312,500

  100,000

  824,443

 

  1,012,500

  15,333

  2,264,776

Joseph A. Rutkowski

Executive Vice President

  2008
2007
2006
  395,300
385,700
376,300
 

  1,308,819
1,847,659
2,169,566
 


50,730

  1,067,310
1,026,926
1,044,233
  3,875
3,875
3,750
  2,775,304
3,264,160
3,644,579

 

(1)   Stock and option awards are the dollar amounts recognized for financial statement reporting purposes with respect to the fiscal year in accordance with SFAS No. 123 (R), “Share-Based Payment,” and include awards granted in prior periods. Our policy and assumptions made in the valuation of share-based payments are contained in notes 2 and 15 of Item 15 of our Annual Report on Form 10-K.

 

(2)   For all Executives Officers other than Mr. Grass, the amount shown in the All Other Compensation column represents matching contributions to Nucor’s 401(k) retirement savings plan. For Mr. Grass, the amount shown represents company contributions to the DJJ defined contribution plan.

 

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Table of Contents
This excerpt taken from the NUE DEF 14A filed Mar 26, 2008.

Summary Compensation Table

 

The table below describes the total compensation paid to our Executive Officers in 2007.

 

This excerpt taken from the NUE DEF 14A filed Mar 29, 2005.

Summary Compensation Table

 

   

Principal Position(s)


  Year

  Annual Compensation

  Long-Term Compensation

        Base
Salary


  Cash
Incentive
Compensation


  Awards

  Payout

Name (and age)


          Restricted
Stock
Awards ($) (1)


  Stock Options
Granted
(shares)


  Long-Term
Incentive Plan
Payout ($) (2)


Daniel R. DiMicco (54)   Vice Chairman, President and Chief Executive Officer   2004
2003
2002
  $690,000
670,000
494,685
  $1,992,375
427,125
321,545
  $1,589,872
154,668
  33,760
52,192
16,664
  $1,443,469
154,441
Terry S. Lisenby (53)   Chief Financial Officer, Treasurer and Executive Vice President   2004
2003
2002
  394,000
382,500
335,148
  1,137,675
243,844
217,846
  907,642
88,301
  16,880
26,096
12,500
  824,070
88,169
John J. Ferriola (52)   Executive Vice President   2004
2003
2002
  358,200
347,700
286,104
  1,034,303
221,659
185,968
  825,087
80,279
  14,066
21,746
11,060
  749,096
80,148
Hamilton Lott, Jr. (55)   Executive Vice President   2004
2003
2002
  358,200
347,700
308,016
  1,034,303
221,659
200,211
  825,087
80,279
  14,066
21,746
11,060
  749,096
80,148
D. Michael Parrish (52)   Executive Vice President   2004
2003
2002
  358,200
347,700
308,016
  1,034,303
221,659
200,211
  825,087
80,279
  14,066
21,746
11,060
  749,096
80,148
Joseph A. Rutkowski (50)   Executive Vice President   2004
2003
2002
  358,200
347,700
308,016
  1,034,303
221,659
200,211
  825,087
80,279
  14,066
21,746
11,060
  749,096
80,148

(1)   The amounts shown represent the value of the following number of shares of restricted stock awarded under Nucor’s LTIP for the performance periods ended December 31, 2003 and December 31, 2004, respectively (adjusted for the two-for-one stock split on October 15, 2004): Mr. DiMicco—5,514 shares for 2003 and 27,578 shares for 2004; Mr. Lisenby—3,148 shares for 2003 and 15,744 for 2004; and Messrs. Ferriola, Lott, Parrish and Rutkowski—2,862 shares each for 2003 and 14,312 shares each for 2004. The value shown is based on the per share closing price on the award date for the applicable performance period. Such closing price was $28.05 per share on the March 10, 2004 award date for the performance period ended December 31, 2003 (adjusted for the two-for-one stock split on October 15, 2004) and $57.65 per share on the March 10, 2005 award date for the performance period ended December 31, 2004. Mr. DiMicco elected to receive payment of his restricted stock award in restricted stock units in accordance with the LTIP. Each award vests in three equal annual installments commencing on the first anniversary of the award date, or upon the executive officer’s attainment of age 55, death or disability. Dividends on the shares of restricted stock and dividend equivalents on the restricted stock units are paid in cash to the executives.

 

     As of December 31, 2004, the above named executive officers held the following number of shares of restricted stock awarded for prior fiscal years under the Senior Officers Stock Incentive Compensation Plan with the following values (based on the closing price of $52.34 per share of December 31, 2004): Mr. DiMicco—3,074 shares valued at $160,893; Mr. Lisenby—2,658 shares valued at $139,120; Mr. Ferriola—2,110 shares valued at $110,437; Mr. Lott—2,658 shares valued at $139,120; Mr. Parrish—2,658 shares valued at $139,120; and Mr. Rutkowski—2,658 shares valued at $139,120. All of such shares vested on January 1, 2005. Dividends on the shares of restricted stock were paid in cash to the executives.

 

(2)   The 2004 fiscal year was the second year of Nucor’s LTIP. Long-term performance awards earned in fiscal 2004 were based on achievement of performance objectives over the two-year period from January 1, 2003 to December 31, 2004. Long-term performance awards earned in fiscal 2003 were based on achievement of performance objectives over the one-year period from January 1, 2003 to December 31, 2003.

 

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