Print Page  |  Close Window

SEC Filings

DEF 14A
FIRST DATA CORP filed this Form DEF 14A on 03/15/2017
Entire Document
 


Table of Contents
 

Mr. Chiarello, $4,814,854 of the Stock Award amount and $7,064,928 of the Option Award amount is related to his IPO equity retention award; for Mr. Charron $4,814,854 of the Stock Award amount and $7,064,928 of the Option Award amount is related to his IPO equity retention award; and for Mr. Patel $4,814,854 of the Stock Award amount and $5,651,944 of the Option Award amount is related to his IPO equity retention award. Mr. Charron’s 2015 “Stock Awards” and “Option Awards” include $4,500,000 in sign on stock awards and $2,496,500 in sign on options awards.

  (3) Mr. Charron was hired on February 15, 2015. His base salary is $750,000. For Mr. Bisignano, of his $51,560,726 in Total Compensation in 2015, $39,226,357 or 76% was for the IPO-related equity and cash awards. For Mr. Chiarello, of his $20,554,141 Total Compensation in 2015, $14,379,782 or 70% was from the IPO-related equity and cash awards. For Mr. Charron, of his $24,817,574 Total Compensation for 2015, $11,879,782 or 48% was from the IPO-related equity awards. For Mr. Patel, of his $14,788,560 Total Compensation for 2015, $12,466,798 or 84% was from the IPO-related equity and cash awards.

All Other Compensation

The table below provides a breakdown of all other compensation for 2016 for the named executive officers:

 

Name        Life Insurance    
($)(1)
   Tax Gross-Up
    Payments  ($)(2)    
       Other Compensation    
($)(3)
       Total ($)    

Frank J. Bisignano

   4,902    117,772    457,877    580,551

Guy Chiarello

   4,902    0    0    4,902

Daniel Charron

   1,932    0    0    1,932

Himanshu A. Patel

   660    0    0    660

Barry C. McCarthy        

   1,242    0    0    1,242

Joseph Plumeri

   9,888    0    133,238    143,126

 

  (1) Includes the value of imputed income on life insurance premiums paid by First Data.
  (2) For Mr. Bisignano, $30,818 of the Tax Gross-Up Payments is for life/disability coverage, and $86,954 of the Tax Gross-Up Payments is for Mr. Bisignano’s personal use of the corporate aircraft.
  (3) Other Compensation for Mr. Bisignano includes amounts imputed for personal use of a corporate aircraft and ground transportation, valued at $259,390 and $149,284, respectively. Additionally, $49,203 was paid for insurance premiums. Mr. Plumeri was also provided ground transportation valued at $133,238. The ground transportation where predominately used for business purposes but First Data has included the entire cost.

Grants of Plan-Based Awards in 2016

The following table sets forth certain information with respect to awards granted during 2016 to our named executive officers. All equity awards were made under the 2015 Omnibus Incentive Plan.

 

Name    Grant Date (1)   

    All Other Stock    
Awards:

Number of

    Shares of Stock    

or Units (#)(2)

  

All Other

Option

Awards:

Number of
Securities
Underlying
    Options (#)(3)    

  

Exercise of

    Base Price of    
Option

Awards

($/Sh)

       Grant Date Fair    
Value of Stock
and Option
Awards ($)(4)
Frank J. Bisignano        2/24/2016      660,946                8,275,043  
   2/24/2016           417,252      12.52      2,372,578  
Himanshu A. Patel        2/24/2016      111,143                1,391,510  
   2/24/2016           70,164      12.52      398,967  
Guy Chiarello    2/24/2016      323,098                4,045,186  
   2/24/2016           203,970      12.52      1,159,814  
Joseph Plumeri    2/04/2016           75,473      13.00      445,607  
   2/24/2016           144,500      12.52      821,655  
   2/24/2016      228,664                2,862,873  

 

38