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Proxy Statement
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2001 Proxy Statement

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Summary Compensation Table

Notes:
1 This column includes the aggregate incremental cost to the Company of providing
various perquisites and personal benefits in 2000 in excess of reporting thresholds, including financial counseling in 2000 for Mr. Welch ($33,920), Mr. Wright ($63,990) and Mr. Heineman ($22,860), and for Mr. Wright in 1998 ($26,820), and the use of a car for Mr. Welch in 2000 ($18,796). It also includes personal use of Company aircraft for Mr. Immelt in 2000 ($70,854), 1999 ($86,998) and 1998 ($61,014), for Mr. Wright in 2000 ($68,494), 1999 ($41,644) and 1998 ($60,048) and for Mr. Heineman in 2000 ($31,950).
2 This column shows the market value of restricted stock unit (RSU) awards on date of
grant. The Committee periodically grants restricted stock or RSUs to executives of the Company. The aggregate holdings and market value of restricted stock and RSUs held on December 31, 2000, by the individuals listed in this table, are: Mr. Welch, 4,814,017 shares or units/$230,771,940; Mr. Dammerman, 1,395,370 shares or units/$66,890,549; Mr. Wright, 1,515,383 shares or units/$72,643,673; Mr. Immelt, 814,638 shares or units/$39,051,709; and Mr. Heineman, 680,773 shares or units/$32,634,556. The restrictions on these shares and units lapse on a scheduled basis over the executive officer’s career, or upon death, with the restrictions on 25% of the units generally scheduled to lapse three and seven years after the date of grant, and the restrictions on the remaining 50% scheduled to lapse at retirement. Regular quarterly dividends or dividend equivalents are paid on restricted stock and RSUs held by these individuals.


3 These amounts represent the dollar value of payouts pursuant to the long-term financial performance incentive awards granted in 1997. Half of the amounts were paid in RSUs which are subject to forfeiture if the named executive terminates employment within three years following payment for any reason other than disability, death or retirement.
4 These amounts represent Company payments of 3.5% of eligible pay made in connection with the Company’s Savings and Security Program.

5 This compensation represents the difference between market interest rates determined
pursuant to SEC rules and the 10% to 14% interest contingently credited by the Company on salary deferred by the executive officers under various salary deferral plans in effect between 1987 and 2000. Under all such plans, the executive officers generally must remain employed by the Company for at least four years following the deferrals, or retire after the full year of deferral, in order to obtain the stated interest rate.
6 This column includes the estimated dollar value of the Company's portion of insurance
premium payments for supplemental split-dollar life insurance provided to Company officers. GE will recover all split-dollar premiums paid by it from the policies. The estimated value is calculated, in accordance with SEC rules, as if the 2000 premiums were advanced to the executive officers without interest until the time the Company expects to recover its premium payments.

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