Big Lots 2008 Annual Report Download - page 51

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- 38 -
(5) The amounts in column (j) represent NQSOs awarded pursuant to the 2005 Incentive Plan, which awards are
described in the narrative preceding this table and the “Our Executive Compensation Program for Fiscal 2008 –
Equity for Fiscal 2008” section of the CD&A.
(6) Pursuant to the terms of the 2005 Incentive Plan, the exercise price of the fiscal 2008 stock option awards
is equal to an average trading price of our common shares on the grant date. We believe this method is
preferable to using the closing market price (which was $20.76 on the grant date), as it is less vulnerable
to market activity that may have only an instantaneous effect, positively or negatively, on the price of our
common shares.
Outstanding Equity Awards at 2008 Fiscal Year-End
The following table sets forth, as of the end of fiscal 2008, all equity awards outstanding under our equity
compensation plans for each named executive officer.
Option Awards Stock Awards
Name
(a)
Number
of
Securities
Underlying
Unexercised
Options
(#)
Exercisable
(b)
Number
of
Securities
Underlying
Unexercised
Options
(#)
Unexercisable
(c)
Equity
Incentive
Plan
Awards:
Number of
Securities
Underlying
Unexercised
Unearned
Options
(#)
(d)
Option
Exercise
Price
($)(1)
(e)
Option
Expiration
Date
(f)
Number
of Shares
or Units
of Stock
That
Have Not
Vested
(#)
(g)
Market
Value of
Shares
or Units
of Stock
That
Have Not
Vested
($)
(h)
Equity
Incentive
Plan
Awards:
Number of
Unearned
Shares,
Units or
Other
Rights
That Have
Not Vested
(#)(2)
(i)
Equity
Incentive
Plan
Awards:
Market
or Payout
Value of
Unearned
Shares,
Units or
Other
Rights
That Have
Not Vested
($)
(j)
Mr. Fishman 142,008 125,000 — *11.19 7/11/2012 — — — —
50,000 100,000 — 12.66 2/24/2013 — — — —
62,500 187,500 — 28.73 3/13/2014 — — — —
— 330,000 — 21.06 3/7/2015 — — — —
— — — — — — — 290,000 3,900,500
Mr. Cooper 20,000 — — *14.28 2/2/2014 — — — —
— 20,500 — 12.66 2/24/2013 — — — —
9,375 28,125 — 28.73 3/13/2014 — — — —
— 48,750 — 21.06 3/7/2015 — — — —
— — — — — — — 28,750 386,688
Mr. Waite 15,000 — — *15.05 2/23/2014 — — — —
— 23,250 — 12.66 2/24/2013 — — — —
9,375 28,125 — 28.73 3/13/2014 — — — —
— 37,500 — 21.06 3/7/2015 — — — —
— — — — — — — 25,000 336,250
Mr. Martin 60,000 — — *14.35 12/1/2013 — — — —
9,550 10,750 — 12.66 2/24/2013 — — — —
7,500 22,500 — 28.73 3/13/2014 — — — —
— 37,500 — 21.06 3/7/2015 — — — —
— — — — — — — 22,500 302,625
Mrs. Bachmann 30,000 — — *14.20 3/25/2012 — — — —
6,000 — — *10.85 2/24/2013 — — — —
50,000 — — *15.05 2/23/2014 — — — —
10,250 20,500 — 12.66 2/24/2013 — — — —
9,375 28,125 — 28.73 3/13/2014 — — — —
— 48,750 — 21.06 3/7/2015 — — — —
— — — — — — — 28,750 386,688