Big Lots 2012 Annual Report Download - page 60

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Grants of Plan-Based Awards in Fiscal 2012
The following table sets forth each award made to our named executive officers in fiscal 2012 under the 2006
Bonus Plan, the 2005 LTIP and the 2012 LTIP.
Name
Grant
Date
(1)
Award
Date
(2)
Estimated Possible Payouts
Under Non-Equity Incentive
Plan Awards
(3)
Estimated Future Payouts
Under Equity Incentive
Plan Awards
(4)
All Other
Stock
Awards:
Number
of Shares
of Stock
or Units
(#)
All Other
Option
Awards:
Number of
Securities
Underlying
Options
(#)(5)
Exercise
or Base
Price of
Option
Awards
($/Sh.)(6)
Closing
Market
Price of
Option
Awards
on Grant
Date
($/Shr.)
Grant
Date Fair
Value of
Stock and
Option
Awards
($)
Threshold
($)
Target
($)
Maximum
($)
Threshold
(#)
Target
(#)
Maximum
(#)
(a) (b) - (c) (d) (e) (f) (g) (h) (i) (j) (k) - (l)
Mr. Fishman — — 840,000 1,680,000 3,360,000 — — — — — — — —
3/6/12 3/2/12 — — — — 240,000 — — — — — 10,524,000
Mr. Johnson — — 100,000 200,000 400,000 — — — — — — — —
3/6/12 3/2/12 — — — — 15,000 — — — — — 657,750
3/6/12 3/2/12 — — — — — — — 35,000 43.85 44.39 499,800
8/28/12 8/24/12 — — — — 15,000 — — — — — 462,300
8/28/12 8/24/12 — — — — — — — 5,000 30.82 31.10 58,350
Mr. Martin — — 177,000 354,000 708,000 — — — — — — — —
3/6/12 3/2/12 — — — — 30,000 — — — — — 1,315,500
3/6/12 3/2/12 — — — — — — — 40,000 43.85 44.39 571,200
Ms. Bachmann — — 178,500 357,000 714,000 — — — — — — — —
3/6/12 3/2/12 — — — — 30,000 — — — — — 1,315,500
3/6/12 3/2/12 — — — — — — — 40,000 43.85 44.39 571,200
Mr. Cooper — — 169,500 339,000 678,000 — — — — — — — —
3/6/12 3/2/12 — — — — 30,000 — — — — — 1,315,500
3/6/12 3/2/12 — — — — — — — 40,000 43.85 44.39 571,200
Mr. Haubiel — — 150,000 300,000 600,000 — — — — — — — —
3/6/12 3/2/12 — — — — 30,000 — — — — — 1,315,500
3/6/12 3/2/12 — — — — — — — 40,000 43.85 44.39 571,200
Mr. Wurl — — 157,500 315,000 630,000 — — — — — — — —
3/6/12 3/2/12 — — — — 30,000 — — — — — 1,315,500
3/6/12 3/2/12 — — — — — — — 40,000 43.85 44.39 571,200
(1) As discussed in the “Our Executive Compensation Program for Fiscal 2012 – Equity Grant Timing” section
of the CD&A, in fiscal 2012, except for Mr. Johnson’s equity awards granted on August 28, 2012, the Board
set as the grant date of these equity awards the second trading day following our release of results from our
last completed fiscal year. This future date was established to allow the market to absorb and react to our
release of material non-public information, and to avoid any suggestion that the Board, the Compensation
Committee or any employee manipulated the terms of the equity awards.
(2) The Award Date represents the date on which the Board authorized the equity-based award and set the
grant date.
(3) The amounts in columns (c), (d) and (e) represent our named executive officers’ threshold, target and stretch
bonus levels, respectively, for fiscal 2012 pursuant to the 2006 Bonus Plan, which bonus levels are further
described in the “Our Executive Compensation Program for Fiscal 2012 – Bonus for Fiscal 2012” section of
the CD&A. For fiscal 2012, our named executive officers did not earn a bonus under the 2006 Bonus Plan, as
reflected in column (g) of the Summary Compensation Table. Mr. Wurl resigned on August 22, 2012, and was
not paid a bonus in fiscal 2012.