TRINITY INDUSTRIES, INC. DIRECTOR COMPENSATION Summary Sheet as of December 11, 2014
EX-10.23 5 exh102312312014.htm EXHIBIT 10.23 Exh 10.23 12.31.2014
Exhibit 10.23
TRINITY INDUSTRIES, INC.
DIRECTOR COMPENSATION
Summary Sheet as of December 11, 2014
On December 11, 2014, the Board of Directors approved the following compensation for non-employee directors, effective in 2015:
• | Board member annual retainer - $70,000 |
• | Annual equity compensation - $130,000, using a 30-day average share price as the basis for awards |
• | Presiding Director - annual retainer of $15,000 |
• | Committee Chairs - annual retainer of $15,000 |
• | Board meeting fee - $2,000 for each meeting attended |
• | Committee members - $2,000 for each meeting attended |
• | Ad hoc or special assignment work performed for or at the request of the Chairman, Chief Executive Officer, and President - $2,000 per day |
