Print Page  |  Close Window

Investor Relations

SEC Filings

DEF 14A
GRAHAM HOLDINGS CO filed this Form DEF 14A on 03/31/1994
Entire Document
 
<PAGE>

                             EXECUTIVE COMPENSATION
 
     The following table shows the compensation paid by the Company and its
subsidiaries during 1993, 1992 and 1991 to each of the chief executive officer
and the four most highly compensated executive officers of the Company.
 
                           SUMMARY COMPENSATION TABLE
- --------------------------------------------------------------------------------
 

<TABLE><CAPTION>

                                                                                    LONG TERM COMPENSATION
                                           ANNUAL COMPENSATION
                                                               OTHER                  AWARDS
                                                              ANNUAL      RESTRICTED       SECURITIES        PAYOUTS     ALL OTHER
      NAME AND                                               COMPENSA-       STOCK         UNDERLYING         LTIP       COMPENSA-
 PRINCIPAL POSITION      YEAR     SALARY ($)    BONUS ($)    TION ($)    AWARD(S) ($)2     OPTIONS (#)     PAYOUTS ($)   TION ($)3
- ---------------------  ---------  -----------  -----------  -----------  -------------  -----------------  -----------  -----------
<S>                    <C>        <C>          <C>          <C>          <C>            <C>                <C>          <C>
Donald E. Graham.....       1993   $ 399,996       --           --         $ 125,966           --           $  79,642    $  11,792
  Chief Executive           1992     399,996       --           --            --               --             178,658       11,443
  Officer                   1991     374,996       --           --           102,900           --              --           11,111
Alan G. Spoon........       1993     380,004    $ 237,500                    103,626           --              52,503       19,263
  President and Chief       1992     360,004      282,960       --            --               --             117,777       18,000
  Operating Officer         1991     323,336       70,325       --            87,220           60,000          --           16,167
Howard E. Wall.......       1993     298,750      300,000       28,111(1)      85,822          --              79,642       18,192
  Vice President            1992     285,000      162,735       --            --               --             178,658       17,578
                            1991     250,000      166,375       --            74,088           --              --           17,208
Richard M. Smith.....       1993     298,808      130,000                     85,822           --              47,397       16,434
  Vice President            1992     295,808      200,000       --            --               --             106,323       16,269
                            1991     269,750      100,000       --            70,952            2,000          --           14,836
G. William Ryan......       1993     298,750      239,000       --            85,822           --              79,642       11,950
  Vice President            1992     285,000      228,000       --            --                2,000         178,658       11,400
                            1991     271,250       --           --            74,088           --              --            8,138
</TABLE>

 
- ---------------
 
     (1) In 1993, the Company reimbursed Mr. Wall $28,111 for taxes incurred in
conjunction with moving expenses paid by the Company, which expenses fell below
the reporting threshold.
 
     (2) The numbers in this column represent the dollar value of the restricted
stock awarded to the named executive in the relevant fiscal year. As of the end
of fiscal 1993, the Chief Executive Officer and the other named executives had
the following aggregate restricted stock holdings: Mr. Graham--1,076 shares,
$274,716; Mr. Spoon--899 shares, $229,526; Mr. Wall--754 shares, $192,506; Mr.
Smith--738 shares, $188,421; Mr. Ryan--754 shares, $192,506. Dividends are paid
on restricted stock and are the same as dividends on non-restricted stock.
 
    (3) Contributions to 401(k) savings plans and the Supplemental Executive
Retirement Plan ("SERP") constitute "all other compensation" for 1993 as
follows: Mr. Graham--$11,792 in Company contribution to 401(k) plan; Mr.
Spoon--$11,792 in Company contributions to 401(k) plan and $7,471 in Company
credits to SERP account; Mr. Wall--$11,792 in Company contributions to 401(k)
plan and $6,400 in Company credits to SERP account; Mr. Smith--$12,971 in
Company contributions to 401(k) plan and $3,463 in Company credits to SERP
account; Mr. Ryan--$7,075 in Company contributions to 401(k) plan and $4,875 in
Company credits to SERP account.
 
                                       13