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First Acceptance Corp
Executive Salaries, Bonuses, Stock Options, and Other Compensation
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| Company Name | First Acceptance Corp |
| Stock Symbol | FAC |
| Business Address | 3322 WEST END AVENUE
SUITE 1000
NASHVILLE, TN 37203 |
| Industry | Fire, Marine & Casualty Insurance |
| Fiscal Year-End | 06/30 |
| State of Incorporation | DE |
| Telephone Number | 615-844-2800 |
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Proxy Statement Filing Years -
2008
2007
2006
2005
2004
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First Acceptance Corp filed the compensation data below on 10/6/2008
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Stock |
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Option |
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All Other |
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Salary |
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Bonus |
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Awards |
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Awards |
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Compensation |
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| Name and Principal Position |
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Year |
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($) |
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($) |
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($) (1) |
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($) (2) |
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($) |
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Total ($) |
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Stephen J. Harrison
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2008 |
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500,000 |
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— |
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— |
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73,806 |
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8,417 |
(3) |
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582,223 |
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Chief Executive Officer |
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2007 |
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500,000 |
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— |
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— |
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73,806 |
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9,146 |
(3) |
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582,952 |
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Edward L. Pierce
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2008 |
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350,000 |
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100,000 |
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199,952 |
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411,814 |
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9,528 |
(3) |
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1,071,294 |
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President |
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2007 |
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269,423 |
(4) |
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285,838 |
(5) |
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— |
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317,544 |
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62,007 |
(6) |
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934,812 |
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Kevin P. Cohn
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2008 |
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225,000 |
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83,750 |
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— |
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178,356 |
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5,000 |
(3) |
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492,106 |
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Senior Vice President,
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2007 |
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145,513 |
(7) |
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125,000 |
(8) |
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— |
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108,648 |
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117,876 |
(9) |
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497,037 |
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Chief Financial Officer and
Secretary |
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Daniel L. Walker
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2008 |
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203,750 |
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65,000 |
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— |
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10,191 |
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— |
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278,941 |
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Senior Vice President -
Operations |
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Keith E. Bornemann
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2008 |
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122,500 |
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25,000 |
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— |
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14,298 |
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74,975 |
(10) |
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236,773 |
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Corporate Controller |
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Thomas M. Harrison, Jr. (11)
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2008 |
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164,000 |
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— |
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— |
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135,311 |
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150,000 |
(12) |
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449,311 |
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Former Executive Vice
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2007 |
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300,000 |
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— |
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— |
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73,806 |
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7,438 |
(3) |
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381,244 |
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President and Secretary |
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Randy L. Reed (13)
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2008 |
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186,517 |
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— |
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— |
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104,065 |
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29,135 |
(14) |
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319,717 |
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Former Senior Vice
President — Sales |
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*The above executive compensation data is an excerpt from the proxy statement filed for
First Acceptance Corp on 10/6/2008
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