Bed, Bath and Beyond 2011 Annual Report Download - page 62

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BED BATH & BEYOND PROXY STATEMENT
60
(5) Messrs. Stark and Castagna’s unvested option awards are scheduled to vest as follows: (a) 5,000 on April 20, 2012, (b) 5,000 on each
of April 17, 2012 and 2013, (c) 5,000 on each of May 10, 2012, 2013 and 2014, (d) 8,206 on each of May 12, 2012, 2013, 2014 and
2015, (e) 8,932 on May 11, 2012 and 8,933 on each of May 11, 2013, 2014, 2015, and 2016, (f) 6,420 on each of May 10, 2012, 2013,
and 2014 and 6,421 on May 10, 2015, and (g) 6,105 on each of May 10, 2012 and 2014 and 6,106 on each of May 10, 2013, 2015 and
2016.
(6) Messrs. Eisenberg and Feinstein’s unvested stock awards are scheduled to vest as follows: (a) 11,675 on May 10, 2012, (b) 12,169 on
May 12, 2012 and 12,170 on May 12, 2013, (c) 14,120 on each of May 11, 2012 and 2014 and 14,119 on May 11, 2013, and (d) 6,637
on each of May 10, 2012, 2013 and 2014 and 6,638 on May 10, 2015, and (e) based on the Company’s achievement of a performance-
based test for the fiscal year of the grant, 5,339 on each of May 10, 2012 and 2014 and 5,340 on each of May 10, 2013, 2015 and
2016.
(7) Mr. Temares’ unvested stock awards are scheduled to vest as follows: (a) 11,675 on May 10, 2012, (b) 14,603 on each of May 12, 2012
and 2013, (c) 24,709 on each of May 11, 2012, 2013 and 2014, (d) 19,912 on each of May 10, 2012, 2014 and 2015 and 19,911 on May
10, 2013, and (e) based on the Company’s achievement of a performance-based test for the fiscal year of the grant, 18,599 on each
of May 10, 2012, 2013 and 2015 and 18,600 on each of May 10, 2014 and 2016.
(8) Mr. Stark’s unvested stock awards are scheduled to vest as follows: (a) 3,200 on April 20, 2012, (b) 3,895 on each of April 17, 2012
and 2013, (c) 4,864 on May 10, 2012 and 4,865 on each of May 10, 2013 and 2014, (d) 6,085 on each of May 12, 2012, 2014 and 2015
and 6,084 on May 12, 2013, (e) 7,059 on May 11, 2012 and 7,060 on each of May 11, 2013, 2014, 2015 and 2016, (f) 5,531 on each of
May 10, 2013, 2014, 2015, 2016 and 2017, and (g) based on the Company’s achievement of a performance-based test for the fiscal
year of the grant, 4,449 on each of May 10, 2014 and 2016 and 4,450 on each of May 10, 2015, 2017 and 2018.
(9) Mr. Castagna’s unvested stock awards are scheduled to vest as follows: (a) 3,200 on April 20, 2012, (b) 3,116 on each of April 17,
2012 and 2013, (c) 3,649 on each of May 10, 2012 and 2014 and 3,648 on May 10, 2013, (d) 4,563 on each of May 12, 2012 and 2014
and 4,564 on each of May 12, 2013 and 2015, (e) 5,294 on May 11, 2012 and 5,295 on each of May 11, 2013, 2014, 2015 and 2016, (f)
4,424 on May 10, 2013 and 4,425 on each of May 10, 2014, 2015, 2016 and 2017, and (g) based on the Company’s achievement of a
performance-based test for the fiscal year of the grant, 3,559 on May 10, 2014 and 3,560 on each of May 10, 2015, 2016, 2017 and
2018.
(10) Mr. Temares’ 300,000 exercisable option awards that expire on March 3, 2014 include 9,600 option awards held by him individually
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exercisable option awards that expire on May 12, 2016 include 37,428 option awards held by him individually and 187,144 option
awards held by a family limited partnership.
OPTION EXERCISES AND STOCK VESTED
Option Exercises and Restricted Stock Vested for Fiscal 2011
The following table includes certain information with respect to the exercise of options and vesting of restricted stock by named
executive officers during fiscal 2011.
Option Awards Stock Awards
Number of Shares Number of
Acquired on Value Realized on Shares Acquired Value Realized
Exercise Exercise on Vesting on Vesting
Name (#) ($) (#) ($)
Warren Eisenberg(1)(4) 1,028,189 22,924,069 57,063 3,193,282
Leonard Feinstein(1)(4) 1,028,190 22,924,091 57,063 3,193,282
Steven H. Temares(1)(5) 300,000 8,421,212 83,361 4,671,422
Arthur Stark(2)(6) 253,205 4,252,241 18,042 1,010,830
Eugene A. Castagna(3)(7) 120,000 2,479,640 14,526 814,360
(1)
Messrs. Eisenberg, Feinstein and Temares each acquired shares on April 17, 2011, May 10, 2011, May 11, 2011 and May 12, 2011,
upon the lapse of restrictions on previously granted shares of restricted stock.
(2)
Mr. Stark acquired shares on April 17, 2011, April 20, 2011, May 10, 2011 and May 12, 2011, upon the lapse of restrictions on
previously granted shares of restricted stock.
(3)
Mr. Castagna acquired shares on April 17, 2011, April 20, 2011, May 10, 2011 and May 12, 2011, upon the lapse of restrictions on
previously granted shares of restricted stock.
(4)
Messrs. Eisenberg and Feinstein exercised stock options on May 11, 2011, November 9, 2011, November 11, 2011, November 14, 2011,
November 15, 2011, November 16, 2011, November 17, 2011 and November 18, 2011.
(5) Mr. Temares exercised stock options on October 12, 2011, October 13, 2011 and October 14, 2011.
(6) Mr. Stark exercised stock options on April 18, 2011 and October 17, 2011.
(7) Mr. Castagna exercised stock options on July 1, 2011.