Bed, Bath and Beyond 2009 Annual Report Download - page 64

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BED BATH & BEYOND PROXY STATEMENT
62
SECURITY OWNERSHIP OF CERTAIN BENEFICIAL OWNERS AND MANAGEMENT
The following table below sets forth certain information regarding the beneficial ownership of shares of our common stock as of
May 7, 2010 by (i) each person or group of affiliated persons known by us to beneficially own more than five percent of our com-
mon฀stock;฀(ii)฀our฀named฀executive฀ofcers;฀(iii)฀each฀of฀our฀directors฀and฀nominees฀for฀director;฀and฀(iv)฀all฀of฀our฀directors฀and฀
executive officers as a group.
The following table gives effect to the shares of common stock issuable within 60 days of May 7, 2010 upon the exercise of all
options and other rights beneficially owned by the indicated stockholders on that date. Beneficial ownership is determined in
accordance with Rule 13d-3 promulgated under Section 13 of the Exchange Act, and includes voting and investment power with
respect to shares. Percentage of beneficial ownership is based on 264,000,944 shares of our common stock outstanding at May 7,
2010. Except as otherwise noted below, each person or entity named in the following table has sole voting and investment power
with respect to all shares of our common stock that he, she or it beneficially owns.
Unless otherwise indicated, the address of each beneficial owner listed below is c/o Bed Bath & Beyond Inc., 650 Liberty Avenue,
Union, New Jersey 07083.
Number of Shares
of Common Stock
Beneficially Owned
and Percent of Class as
Name Position of May 7, 2010
T. Rowe Price Associates, Inc. 34,451,869 (1) 13.0%
Davis Selected Advisers, L.P. 23,585,788 (2) 8.9%
PRIMECAP Management Company 15,741,449 (3) 6.0%
Warren Eisenberg Co-Chairman and Director 5,435,380 (4) 2.1%
Leonard Feinstein Co-Chairman and Director 3,915,364 (5) 1.5%
Steven H. Temares Chief Executive Officer and Director 2,351,754 (6) *
Arthur Stark President and Chief Merchandising Officer 322,643 (7) *
Eugene A. Castagna Chief Financial Officer and Treasurer 303,353 (8) *
Dean S. Adler Director 12,172 *
Stanley F. Barshay Director 10,741 *
Klaus Eppler Director 8,238 *
Patrick R. Gaston Director 4,254 *
Jordan Heller Director 8,150 *
Victoria A. Morrison Director 5,933 *
Fran Stoller Director 4,929 *
All Directors and Executive Officers
as a Group (13 persons) 12,916,281 4.9%
* Less than 1% of the outstanding common stock of the Company.
(1) Information regarding T. Rowe Price Associates, Inc. was obtained from a Schedule 13G filed with the SEC on February 12, 2010 by
T. Rowe Price Associates, Inc. For purposes of the reporting requirements of the Securities Exchange Act of 1934, as amended,
T. Rowe Price Associates, Inc. is deemed to be a beneficial owner of 34,451,869 shares of common stock, acquired in the ordinary
course฀of฀business;฀however,฀T.฀Rowe฀Price฀Associates,฀Inc.฀expressly฀disclaims฀that฀it฀is,฀in฀fact,฀the฀benecial฀owner฀of฀the฀securities.฀
These securities are owned by various individual and institutional investors, for which T. Rowe Price Associates, Inc. serves as
investment adviser with power to direct investments and/or sole power to vote the securities. The Schedule 13G also states that T.
Rowe Price Associates, Inc. has the sole power to dispose or to direct the disposition of 34,451,869 shares of common stock. The
address of T. Rowe Price Associates, Inc. is 100 E. Pratt Street, Baltimore, MD 21202.
(2) Information regarding Davis Selected Advisers, L.P. was obtained from a Schedule 13G filed with the SEC on February 12, 2010 by
Davis Selected Advisers, L.P. The Schedule 13G states that Davis Selected Advisers, L.P. is deemed to have beneficial ownership of
23,585,788 shares of common stock, acquired in the ordinary course of business. The Schedule 13G also states that Davis Selected
Advisers, L.P. has the sole power to dispose or to direct the disposition of 23,585,788 shares of common stock. The address of Davis
Selected Advisers, L.P. is 2949 East Elvira Road, Suite 101, Tucson, AZ 85756.
(3) Information regarding PRIMECAP Management Company was obtained from a Schedule 13G filed with the SEC on February 11, 2010
by PRIMECAP Management Company. The Schedule 13G states that PRIMECAP Management Company is deemed to have beneficial
ownership of 15,741,449 shares of common stock, acquired in the ordinary course of business. The Schedule 13G also states that
PRIMECAP Management Company has the sole power to dispose or to direct the disposition of 15,741,449 shares of common stock.
The address of PRIMECAP Management Company is 225 South Lake Ave., #400, Pasadena, CA 91101.