Big Lots 2011 Annual Report Download - page 68

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purposes under the IRC ($245,000 for calendar year 2011). Accordingly, the maximum aggregate Registrant
Contribution that could be made to a named executive officer participating in the Savings and Supplemental
Savings Plans was $9,800 for fiscal 2011.
Under the Savings Plan and the Supplemental Savings Plan, 25% of the Registrant Contributions vests annually
beginning on the second anniversary of the employee’s hiring. Under the Savings Plan, a participant who has
terminated employment with us is entitled to all funds in his or her account, except that if termination is for a
reason other than retirement, disability or death, then the participant is entitled to receive only the Participant
Contributions and the vested portion of the Registrant Contributions. Under the Supplemental Savings Plan,
a participant who has terminated employment with us for any reason is entitled to receive the Participant
Contributions and only the vested portion of the Registrant Contributions. Under both plans, all other unvested
accrued benefits pertaining to Registrant Contributions will be forfeited. Upon a change in control of Big Lots,
the participant will receive a lump sum payment of all amounts (vested and unvested) under the Supplemental
Savings Plan.
Nonqualified Deferred Compensation Table for Fiscal 2011
The following table reflects the contributions to, earnings in and balance of each named executive officer’s account
held under the Supplemental Savings Plan.
Name
Executive
Contributions
in Last FY
($)(1)
Registrant
Contributions
in Last FY
($)(2)
Aggregate
Earnings
in Last FY
($)(3)
Aggregate
Withdrawals/
Distributions
($)
Aggregate Balance
at Last FYE
($)(4)
(a) (b) (c) (d) (e) (f)
Mr. Fishman — — — — —
Mr. Cooper 15,465 5,439 17,998 — 519,765
Ms. Bachmann 15,889 5,439 1,000 — 191,285
Mr. Haubiel 153,689 5,439 (6,051) — 980,615
Mr. Martin 82,023 5,439 17,489 — 718,649
(1) With respect to Mr. Haubiel and Mr. Martin, $30,531 and $27,616 of the amounts in this column are included
in their respective fiscal 2011 “Salary” reported in the Summary Compensation Table, while the balance
(i.e., $123,158 for Mr. Haubiel and $54,407 for Mr. Martin) is included in fiscal 2010 “Non-Equity Incentive
Plan Compensation” reported in the Summary Compensation Table as a result of their deferral of a portion of
the cash bonus earned pursuant to the 2006 Bonus Plan for fiscal 2010 performance (paid in fiscal 2011). With
respect to Mr. Cooper and Ms. Bachmann, the amounts in this column are included in their respective fiscal
2011 “Salary” reported in the Summary Compensation Table.
(2) The amounts in this column are included in the “All Other Compensation” column of the Summary
Compensation Table for fiscal 2011.
(3) The amounts in this column are not included in the Summary Compensation Table as these amounts reflect
only the earnings on the investments designated by the named executive officer in his or her Supplemental
Savings Plan account in fiscal 2011 (i.e., appreciation or decline in account value). The amounts in this
column do not include any above-market or preferential earnings, as defined by Item 402(c)(2)(viii) of
Regulation S-K and the instructions thereto.
(4) $138,009, $39,383, $168,831 and $192,362 of the amounts in this column were previously reported as
compensation to Mr. Cooper, Ms. Bachmann, Mr. Haubiel and Mr. Martin, respectively, in the Summary
Compensation Table for the prior years reported.
Potential Payments Upon Termination or Change in Control
The “Rights Under Post-Termination and Change in Control Arrangements” section below addresses the rights of
our named executive officers under their employment agreements and other compensation arrangements upon a
change in control or in the event their employment with us is terminated. The “Estimated Payments if Triggering