Page 372 - Bruce Ellig - The Complete Guide to Executive Compensation (2007)

358 The Complete Guide to Executive Compensation

Percent of Percent of
Resulting Bonus as
SPS Target % od Salary EPS Target
Achieved Achieved

125% 50.0%--Maximum-- 50.0% 125%
124 49.0 49.0 124
123 48.0 48.0 123
122 47.0 47.0 122
121 46.0 46.0 121
120 45.0 45.0 120
119 44.0 44.0 119
118 43.0 43.0 118
117 42.0 42.0 117
116 41.0 41.0 116
115 40.0 40.0 115
114 39.0 39.0 114
113 38.0 38.0 113
112 37.0 37.0 112
111 36.0 36.0 111
110 35.0 35.0 110
109 34.0 34.0 109
108 33.0 33.0 108
107 32.0 32.0 107
106 31.0 31.0 106
105 30.0 30.0 105
104 29.0 29.0 104
103 28.0 28.0 103
102 27.0 27.0 102
101 26.0 26.0 101
100 25.0 ---Target--- 25.0 100
99 20.0 20.0 99
98 15.0 15.0 98
97 10.0 10.0 97
96 5.0 --Threshold-- 5.0 ← 96
95 — — 95

SPS dollar sales per share of stock outstanding, EPS dollar earnings per share of stock
outstanding
Table 7-9. Look-forward annual incentive formula (percent of target achieved in sales and
earnings)
above that level. Thus, at the 75th percentile, this would be a fund equal to 62.5 percent [i.e.,
25% (75 50)] of the aggregate bonus-candidate salaries. If the latter were $100 million, this
would mean a bonus fund of $62.5 million.