and 900 shares held in custody for his
children. (9) Ms. Calandra
beneficially owns 70,500 shares of Tyco
, which includes
70,000 shares Ms. Calandra
has the right to acquire through the exercise
...Claire L. Calandra
, age 50, Executive Vice President and Chief Operating Officer of TyCom
(US) Inc. since January 1999.Previously, Ms. Calandra was Vice President and General Counsel of Tyco Submarine Systems Ltd. from July 1997 when the company was acquired by Former Tyco from AT&T.During 14 years with AT&T, Ms. Calandra held a variety of legal and business positions, including Chief of Staff in the Office of the Vice Chairman of AT&T, Director of International at AT&T and Chief Counsel of AT&T Submarine Systems, Inc.
...Garvey: $2,886,862; Ms. Calandra: $826,875, and Mr. Van Rossum: $367,500.
the table for Ms. Calandra
and Mr. Van Rossum reflect an annual bonus
The amounts shown in the table include interest on deferred compensation in excess of 120% of the applicable federal long-term rate that was credited from the day of the IPO to the end of the fiscal year as follows: Mr. Garvey--$9,619, Ms. Calandra--$3,148, and Mr. Van Rossum--$1,392.
The amounts shown in the table also include a matching contribution under the Employee Share Purchase Plan as follows: Ms. Calandra
: $150 and Mr. Van Rossum: $15.
, and Mr. Van Rossum, these awards were conditioned upon the
Mr. Garvey, Ms. Calandra
and Mr. Van Rossum each entered into a non-competition and confidentiality agreement with TyCom
as a condition to receiving options at the time of the initial public offering.