NAMEJ. Patrick KeyesPOSITIONExecutive VP & Chief Financial OfficerBASE SALARY$485,000 2012 STPP AWARD*Target Award (75%)$363 ###-###-#### LONG-TERM EQUITY AWARD**Theoretical Value$906,950 TOTAL VALUE OF PAY PROGRAM*$1,755,700 * Reflects post-promotion value** Estimated value: Reflects post-promotion award based on today's market. This award consists of stock options, restricted stock,and performance units.Note: Mr. Keyes is entitled to participate in the company's pension plan and other retirement plans. In addition, Mr. Keyes is eligible foran executive financial planning benefit, executive life insurance and executive annual physical benefit on a basis commensurate withother Executive Vice Presidents of the company.
EX-10.1 2 wec09302012ex101.htm WEC EXHIBIT 10.1 WEC 09.30.2012 EX 10.1
Exhibit 10.1
NAME | J. Patrick Keyes | ||||
POSITION | Executive VP & Chief Financial Officer | ||||
BASE SALARY | $ | 485,000 | |||
2012 STPP AWARD* | |||||
Target Award (75%) | $ | 363,750 | |||
2013 LONG-TERM EQUITY AWARD** | |||||
Theoretical Value | $ | 906,950 | |||
TOTAL VALUE OF PAY PROGRAM* | $ | 1,755,700 | |||
* Reflects post-promotion value | |||||
** Estimated value: Reflects post-promotion award based on today's market. This award consists of stock options, restricted stock, | |||||
and performance units. | |||||
Note: Mr. Keyes is entitled to participate in the company's pension plan and other retirement plans. In addition, Mr. Keyes is eligible for | |||||
an executive financial planning benefit, executive life insurance and executive annual physical benefit on a basis commensurate with | |||||
other Executive Vice Presidents of the company. | |||||