AutoZone 2008 Annual Report Download - page 40

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GRANTS OF PLAN-BASED AWARDS
The following table sets forth information regarding plan-based awards granted to the Company’s Named
Executive Officers during the 2008 fiscal year.
Name
Equity
Plans
Grant Date
Threshold
($)
Target
($)
Maximum
($)
All Other
Stock Awards:
Number of
Shares of
Stock or Units
(#)(2)
All Other
Option Awards:
Number of
Securities
Underlying
Options
(#)(3)
Exercise or
Base Price of
Option Awards
($)
Closing Price
on Date
of Grant for
Option Awards,
if Different
($)(4)
Grant Date
Fair Value of
Stock and
Option Awards
($)
Estimated Future Payments
Under Nonequity Incentive
Plans(1)
William C. Rhodes III . . 352,500 705,000 N/A
9/25/2007 38,600 115.38 113.75 1,225,631
9/25/2007 1,400 115.38 113.75 44,453
9/30/2007 6 697
12/31/2007 152 18,226
3/31/2008 6 683
6/30/2008 5 605
1,290,295
William T. Giles . . . . . 134,700 269,400 N/A
9/25/2007 21,400 115.38 113.75 679,495
9/25/2007 1,600 115.38 113.75 50,803
12/31/2007 38 4,557
734,855
James A. Shea . . . . . . 129,900 259,800 N/A
9/25/2007 23,000 115.38 113.75 730,298
730,298
Robert D. Olsen . . . . . 126,000 252,000 N/A
9/25/2007 21,600 115.38 113.75 685,845
9/25/2007 1,400 115.38 113.75 44,453
730,298
Harry L. Goldsmith . . . 112,500 225,000 N/A
9/25/2007 19,600 115.38 113.75 622,341
9/25/2007 1,400 115.38 113.75 44,453
12/31/2007 29 3,477
670,271
(1) Represents potential threshold, target and maximum incentive compensation for the 2008 fiscal year under
the EICP based on each officer’s salary on the date the 2008 fiscal year targets were approved. The
amounts actually paid for the 2008 fiscal year are described in the “Non-Equity Incentive Plan Compensa-
tion” column in the Summary Compensation Table. The “threshold” is the minimum payment level under
the EICP which is 50% of the target amount. There is no maximum. See “Compensation Discussion and
Analysis” at page 18 and the discussion following this table for more information on the EICP.
(2) Represents shares awarded pursuant to the Executive Stock Purchase Plan. See “Compensation Discussion
and Analysis” at page 18 and the discussion following this table for more information on the Executive
Stock Purchase Plan.
(3) Represents options awarded pursuant to the AutoZone, Inc. 2006 Stock Option Plan. See “Compensation
Discussion and Analysis” at page 18 and the discussion following this table for more information on this
plan.
(4) Under the 2006 Stock Option Plan, stock option awards are made at the fair market value of common
stock as of the grant date, defined as the closing price on the trading day previous to the grant date.
30
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