Summary of Executive Compensation for Unitrin, Inc. Named Executive Officers (2005–2006)
This document outlines the compensation details for Unitrin, Inc.'s top executives for 2005 and 2006. It lists the base salaries, cash bonuses, and stock option grants for the Chairman and CEO, President and COO, CFO, General Counsel, and Chief Accounting Officer. The summary specifies the amounts paid or granted, with bonuses for 2005 paid in 2006 and stock options granted under the company's stock option plans. The agreement is informational and sets forth the compensation structure for these executives as of February 1, 2006.
Summary of Unitrin, Inc.
Named Executive Officer Compensation
Name and Title 2005 Base Salary ($) 2006 Base Salary ($) 2005 Bonus ($)(1) 2006 Stock Option Grant (#)(2) Richard C. Vie Chairman of the Board & Chief Executive Officer 1,000,000 1,000,000 605,000 100,000 Donald G. Southwell President & Chief Operating Officer 825,000 900,000 499,125 100,000 Eric J. Draut Executive Vice President & Chief Financial Officer 600,000 650,000 363,000 50,000 Scott Renwick Senior Vice President, General Counsel & Secretary 410,000 450,000 248,050 25,000 Richard Roeske Vice President & Chief Accounting Officer 235,000 260,000 70,000 15,000
(1) Cash bonus for 2005 payable in 2006.
(2) Number of shares of the Company's common stock subject to the options granted pursuant to the 1997 or 2002 Stock Option Plan.
February 1, 2006
