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CHANGES TO COMPENSATION ARRANGEMENTS FOR NAMED EXECUTIVE OFFICERS

Executive Compensation Plan Agreement

CHANGES TO COMPENSATION ARRANGEMENTS FOR NAMED EXECUTIVE OFFICERS | Document Parties: HOME PROPERTIES INC You are currently viewing:
This Executive Compensation Plan Agreement involves

HOME PROPERTIES INC

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Title: CHANGES TO COMPENSATION ARRANGEMENTS FOR NAMED EXECUTIVE OFFICERS
Date: 5/8/2009
Industry: Real Estate Operations     Sector: Services

CHANGES TO COMPENSATION ARRANGEMENTS FOR NAMED EXECUTIVE OFFICERS, Parties: home properties inc
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Exhibit 10.1

 

 

 

CHANGES TO COMPENSATION ARRANGEMENTS FOR NAMED EXECUTIVE OFFICERS

Adopted by the Compensation Committee of the Board of Directors on May 4, 2009 and,

with respect to Edward J. Pettinella, by the Board of Directors on May 5, 2009

 

 

Edward J. Pettinella – President and Chief Executive Officer

Option to Purchase Common Stock - value

$594,000 (1)

Shares of Restricted Stock - value

$726,000 (2)

 

 

David P. Gardner – Executive Vice President and Chief Financial Officer

Option to Purchase Common Stock - value

$226,350 (1)

Shares of Restricted Stock - value

$276,650 (2)

Base Salary

$338,888 (3)

 

Ann M. McCormick – Executive Vice President and General Counsel

Option to Purchase Common Stock - value

$185,400 (1)

Shares of Restricted Stock - value

$226,600 (2)

Base Salary

$285,000 (3)

 

 

Scott Doyle – Senior Vice President

 

Option to Purchase Common Stock - value

$117,000 (1)

Shares of Restricted Stock - value


 
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