Bed, Bath and Beyond 2009 Annual Report Download - page 54

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BED BATH & BEYOND PROXY STATEMENT
52
described in footnote 13 to the Company’s financial statements in the Company’s Form 10-K for fiscal 2009. The amounts shown in
the table reflect the Company’s accounting expense and do not necessarily reflect the actual value, if any, that may be realized by
the named executive officers.
(3) The vesting of restricted stock awards depends on (i) the Company’s achievement of a performance-based test for the fiscal year of
the grant, and (ii) assuming the performance-based test is met, time vesting, subject in general to the executive remaining in the
Company’s employ on specific vesting dates. The performance-based tests for fiscal years 2009, 2008 and 2007 were met. The fair
value of the performance-based stock awards are reported above at 100% of target, their maximum value assuming the highest level
of performance.
(4) The amounts of Company matching contribution payments relating to deferred compensation reflected in this column which relate
to fiscal 2007 include amounts in respect of calendar years 2007 and 2008 as fiscal 2007 commenced on March 4, 2007 and ended on
March 1, 2008. Thus, certain matching contributions noted below exceed the single calendar year limitation.
(5) Mr. Eisenberg deferred $42,308, $222,115 and $268,171 of his salary for fiscal 2009, 2008 and 2007, respectively, pursuant to the
terms of the Company’s Nonqualified Deferred Compensation Plan. Such amount for fiscal 2009 is also reported in the Deferred
Compensation Table below.
(6) All Other Compensation for Mr. Eisenberg includes incremental costs to the Company for tax preparation services of $23,312, $21,688
and $22,988, car service of $27,429, $26,300 and $4,537 and car allowance of $22,777, $23,757 and $26,071, and an employer non-
qualified deferred compensation plan matching contribution of $0, $6,900 and $6,750, for fiscal 2009, 2008 and 2007, respectively.
(7) Mr. Feinstein deferred $42,308, $222,115 and $270,920 of his salary for fiscal 2009, 2008 and 2007, respectively, pursuant to the
terms of the Company’s Nonqualified Deferred Compensation Plan. Such amount for fiscal 2009 is also reported in the Deferred
Compensation Table below.
(8) All Other Compensation for Mr. Feinstein includes incremental costs to the Company for tax preparation services of $23,313, $21,687
and $22,987, car service of $86,229, $82,731 and $4,537 and car allowance of $28,934, $28,991 and $32,613, and an employer non-
qualified deferred compensation plan matching contribution of $0, $6,900 and $6,750, for fiscal 2009, 2008 and 2007, respectively.
(9) Mr. Temares deferred $26,000, $20,923 and $15,769 of his salary for fiscal 2009, 2008 and 2007, respectively, pursuant to the
terms of the Company’s Nonqualified Deferred Compensation Plan. Such amount for fiscal 2009 is also reported in the Deferred
Compensation Table below. Additionally, Mr. Temares contributed $11,700, $11,700 and $8,580 of his salary for fiscal 2009, 2008 and
2007, respectively, to the Bed Bath & Beyond Inc. 401(k) Savings Plan (the “Company 401(k)”).
(10) The actuarial present value of the benefits payable under the supplemental executive retirement benefit agreement with Mr.
Temares increased from fiscal 2008 to fiscal 2009, increased from fiscal 2007 to fiscal 2008 and increased from the fiscal year ended
March 3, 2007 (“fiscal 2006”) to fiscal 2007. With reference to fiscal 2009, see “Potential Payments Upon Termination or Change in
Control – Messrs. Temares, Castagna and Stark” below.
(11) All Other Compensation for Mr. Temares includes incremental costs to the Company for car allowance of $13,779, $14,209 and
$16,871 and employer 401(k) plan and nonqualified deferred compensation plan matching contributions of $7,350, $6,895 and
$6,750, for fiscal 2009, 2008 and 2007, respectively.
(12) Mr. Stark deferred $10,000, $219,159 and $232,212 of his salary for fiscal 2009, 2008 and 2007, respectively, pursuant to the
terms of the Company’s Nonqualified Deferred Compensation Plan. Such amount for fiscal 2009 is also reported in the Deferred
Compensation Table below. Additionally, Mr. Stark contributed $5,000 of his salary in each of the fiscal years to the Company 401(k).
(13) All Other Compensation for Mr. Stark includes incremental costs to the Company for car allowance of $9,832, $3,487 and $3,162 and
employer 401(k) plan and nonqualified deferred compensation plan matching contributions of $7,350, $6,900 and $6,749, for fiscal
2009, 2008 and 2007, respectively.
(14) Mr. Castagna deferred $78,185, $67,054 and $52,827 of his salary for fiscal 2009, 2008 and 2007, respectively, pursuant to the terms of
the Company’s Nonqualified Deferred Compensation Plan. Such amount for fiscal 2009 is also reported in the Deferred Compensation
Table below. Additionally, Mr. Castagna contributed $6,380, $6,500 and $4,781 of his salary for fiscal 2009, 2008 and 2007, respec-
tively, to the Company 401(k).
(15) All Other Compensation for Mr. Castagna includes incremental costs to the Company for car allowance of $6,801, $6,570 and $10,522
and employer 401(k) plan and nonqualified deferred compensation plan matching contributions of $7,350, $6,898 and $6,352, for
fiscal 2009, 2008 and 2007, respectively.