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2009 Annual Meeting
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Compensation Committee Matters

 

(Continued)


Stock Option Exercises and Stock Vested (Kraft) During 2007

On February 4, 2008, vesting restrictions lapsed for the following Kraft restricted and deferred stock awards derived from Altria stock awards granted in 2005: Mr. Camilleri, 86,503 shares, $2,550,541; Mr. Calantzopoulos, 22,331 shares, $658,430; Mr. Devitre, 20,096 shares, $592,531; Mr. Parrish, 20,096 shares, $592,531; Mr. Szymanczyk, 24,566 shares, $724,329; and Mr. Wall, 24,566 shares, $724,329.

In addition, in conjunction with the spin-off of Kraft, cash payments for any resulting fractional stock options, deferred shares or restricted shares were paid to the executives as follows: Mr. Camilleri, $112; Mr. Calantzopoulos, $88; Mr. Devitre, $69; Mr. Parrish, $98; Mr. Szymanczyk, $146; and Mr. Wall, $147.

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