UPS » Topics » Michael L. Eskew

This excerpt taken from the UPS DEF 14A filed Mar 17, 2008.
Michael L. Eskew
 
         
    Retired
 
    Effective
 
    January 1, 2008($)  
 
Accelerated Vesting of Equity Awards:
       
MIP (RSUs)
    459,397  
LTI (Stock Options)
    1,895,687  
LTI (RPUs)
    5,316,073  
LTIP (RSUs)
    1,799,451  
280G Tax Gross-up
     
Benefits and Perquisites:
       
Split Dollar Life Insurance(1)
    2,908,077  
Non-Qualified Pension
    411,252  
Post-retirement Medical(2)
    18,000  
         
Total
    12,807,937  
 
 
(1) Life insurance elected under the Retirement Plan Restoration Option (RPRO). See the narrative accompanying the 2007 Pension Benefits table above.
 
(2) Amount represents the accrued benefit available to use against the cost of the insurance premium paid by UPS.
 
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