AutoZone 2013 Annual Report Download - page 21

Download and view the complete annual report

Please find page 21 of the 2013 AutoZone annual report below. You can navigate through the pages in the report by either clicking on the pages listed below, or by using the keyword search tool below to find specific information within the annual report.

Page out of 152

  • 1
  • 2
  • 3
  • 4
  • 5
  • 6
  • 7
  • 8
  • 9
  • 10
  • 11
  • 12
  • 13
  • 14
  • 15
  • 16
  • 17
  • 18
  • 19
  • 20
  • 21
  • 22
  • 23
  • 24
  • 25
  • 26
  • 27
  • 28
  • 29
  • 30
  • 31
  • 32
  • 33
  • 34
  • 35
  • 36
  • 37
  • 38
  • 39
  • 40
  • 41
  • 42
  • 43
  • 44
  • 45
  • 46
  • 47
  • 48
  • 49
  • 50
  • 51
  • 52
  • 53
  • 54
  • 55
  • 56
  • 57
  • 58
  • 59
  • 60
  • 61
  • 62
  • 63
  • 64
  • 65
  • 66
  • 67
  • 68
  • 69
  • 70
  • 71
  • 72
  • 73
  • 74
  • 75
  • 76
  • 77
  • 78
  • 79
  • 80
  • 81
  • 82
  • 83
  • 84
  • 85
  • 86
  • 87
  • 88
  • 89
  • 90
  • 91
  • 92
  • 93
  • 94
  • 95
  • 96
  • 97
  • 98
  • 99
  • 100
  • 101
  • 102
  • 103
  • 104
  • 105
  • 106
  • 107
  • 108
  • 109
  • 110
  • 111
  • 112
  • 113
  • 114
  • 115
  • 116
  • 117
  • 118
  • 119
  • 120
  • 121
  • 122
  • 123
  • 124
  • 125
  • 126
  • 127
  • 128
  • 129
  • 130
  • 131
  • 132
  • 133
  • 134
  • 135
  • 136
  • 137
  • 138
  • 139
  • 140
  • 141
  • 142
  • 143
  • 144
  • 145
  • 146
  • 147
  • 148
  • 149
  • 150
  • 151
  • 152

Proxy
Compensation of Directors
Director Compensation Table
This table shows the compensation paid to our non-employee directors during the 2013 fiscal year. No
amounts were paid to our non-employee directors during the 2013 fiscal year that would be classified as “Fees
Earned or Paid in Cash,” “Option Awards,” “Non-Equity Incentive Plan Compensation,” “Changes in Pension
Value and Nonqualified Deferred Compensation Earnings” or “All Other Compensation,” so these columns have
been omitted from the table.
Name(1)
Stock
Awards
($)
(2)
Total
($)
(3)
Douglas H. Brooks ................................................ 17,386 17,386
William C. Crowley ............................................... 49,972 49,972
Linda A. Goodspeed .............................................. 129,382 129,382
Sue E. Gove ..................................................... 209,948 209,948
Earl G. Graves, Jr. ................................................ 224,937 224,937
Robert R. Grusky ................................................. 49,972 49,972
Enderson Guimaraes .............................................. 191,212 191,212
J.R. Hyde, III .................................................... 199,915 199,915
D. Bryan Jordan .................................................. 17,386 17,386
W. Andrew McKenna ............................................. 219,942 219,942
George R. Mrkonic, Jr. ............................................. 204,953 204,953
Luis Nieto ....................................................... 204,953 204,953
(1) William C. Rhodes, III, our Chairman, President and Chief Executive Officer, serves on the Board but does
not receive any compensation for his service as a director. His compensation as an employee of the
Company is shown in the Summary Compensation Table on page 33. William C. Crowley and Robert R.
Grusky did not stand for re-election to the Board at the 2012 Annual Meeting. Enderson Guimaraes was
elected on October 17, 2012; Linda A. Goodspeed was elected on February 7, 2013 and Douglas H. Brooks
and D. Bryan Jordan were elected on August 30, 2013.
(2) Under the 2011 Equity Plan, as defined on page 12, which became effective January 1, 2011, non-employee
directors receive 100% of their fees in restricted units with value equivalent to the value of shares of
AutoZone Common Stock (“Restricted Stock Units”). The “Stock Awards” column represents the aggregate
grant date fair value computed in accordance with FASB ASC Topic 718 for awards of Restricted Stock
Units under the 2011 Equity Plan during fiscal 2013. See Note B, Share-Based Payments, to our
consolidated financial statements in our 2013 Annual Report for a discussion of our accounting for share-
based awards and the assumptions used. The aggregate number of outstanding awards of common stock
under the AutoZone, Inc. 2003 Director Compensation Plan (“Stock Units”) and Restricted Stock Units held
by each director at the end of fiscal 2013 are shown in the following footnote 3. See “Security Ownership of
Management and Board of Directors” on page 13 for more information about our directors’ stock ownership.
11