NAMESusan MartinPOSITIONGeneral Counsel & Corp. SecretaryBase Salary$405,000 2012 STPP AWARD*Target Award (70%)$283 ###-###-#### STOCK OPTIONS**Theoretical Value$91,125 2013 RESTRICTED STOCK**Market Value$91,125 2013 PERFORMANCE UNITS**Market Value$425,250 TOTAL VALUE OF PAY PROGRAM*$1,296,000 * Reflects post-promotion value** Estimated value: Reflects post-promotion award based on today's marketNote: Ms. Martin is entitled to participate in the company's pension plan and other retirement plans. In addition, Ms. Martin 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.
EX-10.1 2 wec03312012ex101.htm WEC EXHIBIT 10.1 WEC 03.31.2012 EX 10.1
Exhibit 10.1
NAME | Susan Martin | ||||
POSITION | General Counsel & Corp. Secretary | ||||
Base Salary | $ | 405,000 | |||
2012 STPP AWARD* | |||||
Target Award (70%) | $ | 283,500 | |||
2013 STOCK OPTIONS** | |||||
Theoretical Value | $ | 91,125 | |||
2013 RESTRICTED STOCK** | |||||
Market Value | $ | 91,125 | |||
2013 PERFORMANCE UNITS** | |||||
Market Value | $ | 425,250 | |||
TOTAL VALUE OF PAY PROGRAM* | $ | 1,296,000 | |||
* Reflects post-promotion value | |||||
** Estimated value: Reflects post-promotion award based on today's market | |||||
Note: Ms. Martin is entitled to participate in the company's pension plan and other retirement plans. In addition, Ms. Martin 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. |