AutoZone 2010 Annual Report Download - page 51

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(6) All Other Compensation includes the following:
Name
Perquisites
and Personal
Benefits(A)
Tax
Gross-
ups
Company
Contributions to
Defined
Contribution
Plans(C)
Life
Insurance
Premiums Other(D)
William C. Rhodes III .... 2010 $ 57,356(B) $ 22 $71,291 $6,089
2009 $ 56,829(B) $60,662 $4,925
2008 $ 54,667(B) $51,528 $4,998
William T. Giles . . ...... 2010 $ 17,152 $ 8 $32,981 $2,889
2009 $ 6,292 $31,072 $2,390
2008 $183,559(B) $7,858 $35,293 $1,895
James A. Shea .......... 2010 $ 13,279 $31,375 $2,289
2009 $ 18,060 $27,814 $1,933
2008 $ 8,739 $28,612 $1,994
Harry L. Goldsmith ...... 2010 $ 20,321 $28,067 $2,425 $7,350
2009 $ 13,787 $26,047 $2,137 $6,900
2008 $ 8,584 $24,014 $2,303 $6,750
Larry M. Roesel. . . ...... 2010 $ 11,026 $ 918 $26,542 $1,782
(A) Perquisites and personal benefits for all Named Executive Officers include Company-provided home
security system and/or monitoring services, airline club memberships and status upgrades, reimburse-
ment of 401(k) fund redemption fees, Company-paid spouse travel, Company-paid long-term
disability insurance premiums, and matching charitable contributions under the AutoZone Matching
Gift Program.
(B) The perquisites or personal benefits which exceeded the greater of $25,000 or 10% of the total
amount of perquisites and personal benefits for an executive officer are as follows:
Mr. Rhodes: In each of fiscal 2008, 2009 and 2010, $50,000 in matching charitable contributions
were made under the AutoZone Matching Gift Program, under which executives may contribute to
qualified charitable organizations and AutoZone provides a matching contribution to the charities in
an equal amount, up to $50,000 in the aggregate for each executive officer annually.
Mr. Giles: During fiscal 2008, Mr. Giles’s former home sold for $395,000 less than the appraised
value at which the Company purchased the home and the Company wrote off $149,900, which was
the difference between the expected sales price at the end of fiscal 2007 and the price at which it
was ultimately sold. The remaining $245,100 was written off by the Company during fiscal 2007.
Additionally, the Company paid $10,000 in taxes on the home and $21,850 in transfer taxes as part
of the sales contract.
(C) Represents employer contributions to the AutoZone, Inc. 401(k) Plan and the AutoZone, Inc.
Executive Deferred Compensation Plan.
(D) Represents transition payments to Mr. Goldsmith which the Company pays to certain individuals due
to their age and service as of the date the AutoZone, Inc. Associates Pension Plan was frozen.
41
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