PH DEF 14A DEF-14A Report Oct. 26, 2011 | Alphaminr
PARKER HANNIFIN CORP

PH DEF 14A Report ended Oct. 26, 2011

PARKER HANNIFIN CORP
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TABLE OF CONTENTS
Governance DocumentsBoard of DirectorsAnnual Elections; Cumulative VotingElections and RetirementsMeetings and Attendance; Executive SessionsNumber; Current Term; RelationshipsDirector IndependenceCurrent Leadership StructureSelection and Nomination of DirectorsDirector Qualifications; Board DiversityRisk ManagementCommittees of the Board of DirectorsBoard Committees; Committee ChartersThe Human Resources and Compensation CommitteeThe Finance CommitteeThe Corporate Governance and Nominating CommitteeThe Audit CommitteeOther Governance MattersReview and Approval of Transactions with Related PersonsCertain Relationships and Related TransactionsSection 16(a) Beneficial Ownership Reporting ComplianceItem 1 Election of DirectorsReport of the Audit CommitteeCompensation Discussion and AnalysisExecutive SummaryFiscal Year 2011Objectives and Philosophies of the Executive Compensation ProgramCategories and Elements of Executive CompensationPay-for-Performance Structure, Key Financial Metrics and Impact on Compensation PayoutsHighlights and Significant Changes to Executive Compensation ProgramAdministration, Oversight and Determination of Executive CompensationHuman Resources and Compensation CommitteeBoard of DirectorsExecutive OfficersCompensation Consultants and BenchmarkingGeneral Policies and Practices Relating to Executive CompensationAllocation of Executive CompensationAccounting and Tax ConsiderationsCommittee DiscretionClaw-Back PolicyStock Ownership GuidelinesStock Ownership RestrictionsElements of Executive CompensationBase SalariesAnnual Cash Incentive CompensationLong-Term Incentive CompensationEmployee BenefitsExecutive PerquisitesCompensation Committee ReportCompensation TablesSummary Compensation Table for Fiscal Year 2011Grants of Plan-Based Awards for Fiscal Year 2011Outstanding Equity Awards at June 30, 2011Option Exercises and Stock Vested for Fiscal Year 2011Pension Benefits for Fiscal Year 2011Nonqualified Deferred Compensation for Fiscal Year 2011Potential Payments Upon Termination or Change of Control at June 30, 2011Director Compensation for Fiscal Year 2011Item 2 Ratification of the Appointment of Independent Registered Public Accounting FirmItem 3 Proposal to Approve the Compensation of our Named Executive Officers on a Non-Binding, Advisory BasisItem 4 Proposal to Determine, on a Non-Binding, Advisory Basis, Whether an Advisory Shareholder Vote on the Compensation of our Named Executive Officers will occur every 1, 2, or 3 yearsItem 5 Shareholder Proposal to Separate the Roles of Chairman of the Board and Chief Executive OfficerPrincipal ShareholdersShareholders ProposalsShareholder Recommendations for Director NomineesCommunications with DirectorsGeneral