Bed, Bath and Beyond 2010 Annual Report Download - page 52

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BED BATH & BEYOND PROXY STATEMENT
50
(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 2010, 2009 and 2008 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) Salary for Mr. Eisenberg includes a deferral of $275,000, $42,308 and $222,115 for fiscal 2010, 2009 and 2008, respectively, pursuant
to the terms of the Company’s Nonqualified Deferred Compensation Plan. Such amount for fiscal 2010 is also reported in the
Nonqualified Deferred Compensation Table below.
(5) All Other Compensation for Mr. Eisenberg includes incremental costs to the Company for tax preparation services of $23,822, $23,312
and $21,688, car service of $28,140, $27,429 and $26,300 and car allowance of $20,760, $22,777 and $23,757, and an employer
nonqualified deferred compensation plan matching contribution of $7,350, $0 and $6,900, for fiscal 2010, 2009 and 2008, respectively.
(6) Salary for Mr. Feinstein includes a deferral of $275,000, $42,308 and $222,115 for fiscal 2010, 2009 and 2008, respectively, pursuant
to the terms of the Company’s Nonqualified Deferred Compensation Plan. Such amount for fiscal 2010 is also reported in the
Nonqualified Deferred Compensation Table below.
(7) All Other Compensation for Mr. Feinstein includes incremental costs to the Company for tax preparation services of $23,822, $23,313
and $21,687, car service of $88,840, $86,229 and $82,731 and car allowance of $26,314, $28,934 and $28,991, and an employer
nonqualified deferred compensation plan matching contribution of $7,350, $0 and $6,900, for fiscal 2010, 2009 and 2008, respectively.
(8) Salary for Mr. Temares includes a deferral of $26,000, $26,000 and $20,923 for fiscal 2010, 2009 and 2008, respectively, pursuant
to the terms of the Company’s Nonqualified Deferred Compensation Plan. Such amount for fiscal 2010 is also reported in the
Nonqualified Deferred Compensation Table below.
(9) The change in pension value for fiscal 2010 is the result of Mr. Temares’ increase in base salary for fiscal 2010, discussed above, which
followed a year (fiscal 2009) in which he received no salary increase. As a consequence, the actuarial present value of the benefits
payable under the supplemental executive retirement benefit agreement with Mr. Temares, which is discussed more fully below,
increased from fiscal 2009 to fiscal 2010 as indicated. There was no cash payment as a result of this increase. See also “Potential
Payments Upon Termination or Change in Control—Messrs. Temares, Castagna and Stark” below.
(10) All Other Compensation for Mr. Temares includes incremental costs to the Company for car allowance of $7,703, $13,779 and $14,209
and employer 401(k) plan and nonqualified deferred compensation plan matching contributions of $7,349, $7,350 and $6,895, for
fiscal 2010, 2009 and 2008, respectively.
(11) Salary for Mr. Stark includes a deferral of $10,000, $10,000 and $219,159 for fiscal 2010, 2009 and 2008, respectively, pursuant to the
terms of the Company’s Nonqualified Deferred Compensation Plan. Such amount for fiscal 2010 is also reported in the Nonqualified
Deferred Compensation Table below.
(12) All Other Compensation for Mr. Stark includes incremental costs to the Company for car allowance of $3,450, $9,832 and $3,487
and employer 401(k) plan and nonqualified deferred compensation plan matching contributions of $7,347, $7,350 and $6,900, for fiscal
2010, 2009 and 2008, respectively. Additionally, during fiscal 2010, the Compensation Committee determined to pay Mr. Stark $185,916
in connection with the resolution of certain state tax withholding issues, including professional fees incurred in connection with the
resolution of these issues, for the years 2004-2006.
(13) Salary for Mr. Castagna includes a deferral of $111,346, $78,185 and $67,054 for fiscal 2010, 2009 and 2008, respectively, pursuant
to the terms of the Company’s Nonqualified Deferred Compensation Plan. Such amount for fiscal 2010 is also reported in the
Nonqualified Deferred Compensation Table below.
(14) All Other Compensation for Mr. Castagna includes incremental costs to the Company for car allowance of $11,006, $6,801 and $6,570
and employer 401(k) plan and nonqualified deferred compensation plan matching contributions of $7,349, $7,350 and $6,898, for
fiscal 2010, 2009 and 2008, respectively.