How does Equilar calculate Total Direct Compensation for ISS under the former SEC disclosure rule?
A.) Total Direct Compensation = Cash Compensation + Long-Term Awards + Other Compensation Cash Compensation = Salary + Bonus *Salary – base salaries have been annualized for executives that joined mid-year. *Bonus – as stated in the Summary Compensation Table. Long Term Awards = Grant Date Present Value of Options + Restricted Stock + LTIP Payouts *Grant Date Present Value of Options – as calculated by Equilar; please see Black-Scholes Formula. *Restricted Stock – nominal value as stated in the Summary Compensation Table. *LTIP Payouts – nominal value as stated in the Summary Compensation Table. Other Compensation *Other Annual Compensation – as stated in the Summary Compensation Table. *Other Compensation – as stated in the Summary Compensation Table.