2014 Regal-Beloit Proxy

SUMMARY COMPENSATION TABLE FOR FISCAL YEARS 2012‐2014

Change in Pension Value and Non‐ qualified Deferred Compen‐ sation Earnings ($) (3)

Non‐ Equity Incentive Plan Compen‐ sation ($)

All Other Compen‐ sation ($) (4)

Stock Awards ($) (1)

Option Awards ($) (2)

Salary ($)

Bonus ($)

Total ($)

Name and Principal Position

Year

Mark J. Gliebe

2014 925,000 2013 925,000 2012 898,750 2014 472,500 2013 458,750 2012 435,000 2014 571,250 2013 545,000 2012 478,000 2014 392,500 2013 379,750 2012 360,500 2014 342,500 2013 330,000 2012 308,750

0 2,368,846 1,558,954

0 2,261,069 31,846

7,145,715 5,970,606 6,669,738 1,543,052 1,543,027 1,494,049 1,923,401 1,776,189 1,715,042 1,144,293 1,157,054 1,156,070

0 2,280,680 1,467,807 334,693

941,835 20,591

Chairman and Chief Executive Officer

0 1,194,928 2,227,539 775,520 1,547,848 25,154

Charles A. Hinrichs Vice President and Chief Financial Officer Jonathan J. Schlemmer Chief Operating Officer

0 0 0 0 0 0 0 0 0 0 0 0

539,901 522,080 286,020 629,818 579,505 298,732 393,263 393,643 216,104 201,466 182,820 100,107

355,072

0

154,325 21,254 91,887 21,938

336,205 112,167 559,121 202,893

0 11,015

414,601

0

288,361 19,371 126,402 17,788 65,899 18,445

372,411 135,083 581,486 272,480

Peter C. Underwood Vice President, General Counsel and Secretary

258,425

0

86,647 13,458 44,661 13,159

252,872 72,969 402,567 152,589

0 24,310

Terry R. Colvin

132,364

0

159,886 14,477 93,450 14,654 74,318 16,874

850,693 790,687 789,079

Vice President, Corporate

117,815 51,948 183,392 105,638

Human Resources

(1) Theseamounts reflect the full grant date fair valueof theRSUawards andPSUawards grantedduring the indicated fiscal year, computed inaccordancewithASCTopic 718, Compensation‐StockCompensation . In the caseofPSUs, theamounts shownarebasedon theprobableoutcomeof performance conditions,consistentwith the estimateof aggregatecompensationcost tobe recognizedoverthe serviceperioddeterminedas of thegrant dateunderASCTopic718as follows:Mr. Gliebe— $789,250;Mr. Hinrichs ‐‐ $180,041;Mr. Schlemmer‐‐$209,350;Mr. Underwood ‐‐ $131,891;andMr. Colvin ‐‐ $66,992. Thevalues of thePSUs atthegrantdate if the highest levelof performance conditionswere tobeachievedwouldbeas follows:Mr. Gliebe—$1,428,076;Mr. Hinrichs ‐‐ $325,768;Mr. Schlemmer ‐‐$378,800;Mr. Underwood ‐‐ $238,644;andMr. Colvin ‐‐ $121,216. Pursuant toSEC rules, theamounts shownexclude the impact of estimated forfeitures related toservice‐based vesting conditions. Theassumptionsmade invaluing the stockawards for2014,2013and2012are includedunder the caption“Shareholders’ Equity” inNote9of the Notes toConsolidatedFinancial Statements in the2014,2013and2012Annual Reports onForm10‐K,and such information is incorporatedhereinby reference. (2) Theseamounts reflect the full grant date fair valueof all optionawardsgrantedduring the indicated fiscalyear, computed inaccordancewithASCTopic718. Pursuant toSEC rules, theamounts shownexclude the impact ofestimatedforfeitures related toservice‐basedvesting conditions. Theassumptionsmade invaluing the stock awards for 2014,2013and2012are includedunder thecaption“Shareholders’Equity” inNote9of theNotes toConsolidatedFinancial Statements in the2014,2013 and2012Annual Reports onForm10‐K, and such information is incorporatedhereinby reference. (3) Thevalues shownarenot currentcashbenefits, but ratheractuarial calculations of the change in theaccumulatedbenefitobligationsunder theTarget Supplemental Retirement Plan. Approximately29%of the increase inMr. Gliebe's pensionvalue in2014was the result of a change in thediscount rateused inactuarial assumptions. Mr. Gliebehas 32yearsof creditedservicewithour companyunder theTarget Supplemental RetirementPlan. (4) Theamounts shown includepayments for personalbenefits and for theother items identified in the following sentences. Weprovideamodest levelofpersonal benefits toNEOs. Thesepersonal benefits in2014 includeduseof a company car and spousal travelon the corporateaircraft in connectionwithbusiness travelby the NEO. Other items included in this column for 2014 included thepayment of life insurancepremiums and company contributions to theNEOs’ 401(k)planaccounts.

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