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Main Section Title [H1]
|
Subsection Title [H2]
AFLAC INCORPORATED
2017 PROXY STATEMENT
57
2016 Summary Compensation Tables
|
Potential Payments Upo ermination or Change in Control
As noted in the table below, the benefits provided and requirements imposed vary with the circumstances
under which the termination occurs. Additional relevant information is provided under “Pension Benefits” and
“Nonqualified Deferred Compensation” above.
2016 POTENTIAL PAYMENTS UPON TERMINATION OR CHANGE IN CONTROL
Before Change in Control
Name
Benefit
Company
Termination
without “Good
Cause” or
by Employee
for “Good
Reason”
(1)
($)
Company
Termination for
“Good
Cause”
(2)
($)
Voluntary
Termination
without “Good
Reason”
and No
Competition
(3)
($)
Voluntary
Termination
with
Competition
(4)
($)
Death
(5)
($)
Disability
(6)
($)
Change
in Control
Termination
without “Good
Cause” or
for “Good
Reason”
(7)
($)
Daniel P.
Amos
Salary
— — — — 4,323,300 2,161,650
—
Non-equity Incentive Award
(8)
— — — — 15,080,719 7,326,662
—
Severance
— — — — —
—
—
Retirement
(9)
51,886,230 51,886,230 51,886,230
— 27,325,103 51,951,177 51,886,230
Health & Welfare Benefits
(10)
2,300,327 2,300,327 2,300,327
— 150,880 2,318,341 2,300,327
Stock Options & Awards
(11)
23,130,864
— 8,286,158 8,286,158 23,130,864 23,130,864 23,130,864
Totals
77,317,421 54,186,557 62,472,715 8,286,158 70,010,866 86,888,694 77,317,421
Frederick J.
Crawford
Salary
1,750,000
— — — 2,100,000 1,050,000
—
Non-equity Incentive Award
(8)
3,501,750
— — — 4,301,402 2,101,050
—
Severance
— — — — — — 4,498,956
Retirement
(9)
19,875
— — — 315,105
799,688 315,105
Health & Welfare Benefits
(10)
31,333
— — — — 18,800
37,599
Stock Options & Awards
(11)
3,065,013
— — — 3,065,013 3,065,013 3,065,013
Totals
8,367,971
— — — 9,781,520 7,034,551 7,916,673
Kriss
Cloninger III
Salary
— — — — 2,925,000
585,000
—
Non-equity Incentive Award
(8)
— — — — 6,997,396 1,392,917
—
Severance
— — — — — — —
Retirement
(9)
22,366,766
— 22,349,210
— 13,741,890 22,406,648 22,349,210
Health & Welfare Benefits
(10)
150,713 122,698
122,698 122,698
122,698
141,727 160,756
Stock Options & Awards
(11)
15,209,966
— 6,767,904 6,767,904 15,209,966 15,209,966 15,209,966
Totals
37,727,445 122,698 29,239,812 6,890,602 38,996,950 39,736,258 37,719,932
Paul S.
Amos II
Salary
1,400,000
— — — 2,045,800 1,050,000
—
Non-equity Incentive Award
(8)
3,239,214
— — — 3,993,200 2,346,057
—
Severance
— — — — — — 6,958,821
Retirement
(9)
15,900
— — — 3,257,034 5,368,538 5,306,195
Health & Welfare Benefits
(10)
25,372
— — — — 19,029
38,058
Stock Options & Awards
(11)
5,286,580
— — — 5,286,580 5,286,580 5,286,580
Totals
9,967,066
— — — 14,582,614 14,070,204 17,589,654
Eric M.
Kirsch
Salary
1,187,600
— — — 1,745,300
890,700
—
Non-equity Incentive Award
(8)
4,524,756
— — — 5,562,561 2,859,609
—
Severance
— — — — — — 8,568,534
Retirement
(9)
30,854
— — — — 58,206
—
Health & Welfare Benefits
(10)
25,372
— — — — 19,029
38,058
Stock Options & Awards
(11)
4,260,307
— — — 4,260,307 4,260,307 4,260,307
Totals
10,028,899
— — — 11,568,168 8,087,851 12,866,899