AutoZone 2010 Annual Report Download - page 52
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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 2010 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 . . 475,000 950,000 (5)
9/29/2009 27,000 142.77 145.98 1,159,974
9/30/2009 4 585
12/31/2009 122 19,285
3/31/2010 4 692
6/30/2010 4 773
1,181,309
William T. Giles . . . . . 178,125 356,250 (5)
9/29/2009 15,800 142.77 145.98 678,800
12/31/2009 28 4,426
683,226
James A. Shea . . . . . . 172,500 345,000 (5)
9/29/2009 15,800 142.77 145.98 678,800
678,800
Harry L. Goldsmith . . . 150,000 300,000 (5)
9/29/2009 14,500 142.77 145.98 622,949
12/31/2009 22 3,478
626,427
Larry M. Roesel . . . . . 113,250 226,500 (5)
9/29/2009 12,000 142.77 145.98 515,544
515,544
(1) Represents potential threshold, target and maximum incentive compensation for the 2010 fiscal year under
the EICP based on each officer’s salary on the date the 2010 fiscal year targets were approved. The
amounts actually paid for the 2010 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 overall plan maximum. See “Compensation Dis-
cussion and Analysis” at page 28 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 28 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 28 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.
(5) Awards may not exceed $4 million for any individual under the EICP.
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