Big Lots 2012 Annual Report Download - page 70
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Please find page 70 of the 2012 Big Lots annual report below. You can navigate through the pages in the report by either clicking on the pages listed below, or by using the keyword search tool below to find specific information within the annual report.- 56 -
Lisa M. Bachmann
The following table reflects the payments that would have been due to Ms. Bachmann in the event of a change in
control and/or the termination of her employment with us on February 2, 2013.
Event Occurring at February 2, 2013
Involuntary
Termination
with
Cause
Involuntary
Termination
without
Cause
Voluntary
Termination
Termination
upon
Disability
Termination
upon
Death
Termination
in Connection
with a Change
in Control
Change in
Control
(without
termination)
Salary/Salary Continuation ($) — 595,000 — — — 1,190,000 —
Non-Equity Incentive Plan
Compensation ($) — 0 — 0 0 1,428,000 —
Healthcare Coverage ($) — 105,029 — — — 105,029 —
Long-Term Disability Benefit ($) — — — 25,000 — — —
Use of Automobile/Automobile
Allowance ($) — 13,708 — — — — —
Accelerated Equity Awards ($) — — — 375,276 375,276 2,121,636 2,121,636
Excise Tax Benefit ($) — — — — — 0 0
Total ($) — 713,737 — 400,276 375,276 4,844,665 2,121,636
Joe R. Cooper
The following table reflects the payments that would have been due to Mr. Cooper in the event of a change in
control and/or the termination of his employment with us on February 2, 2013.
Event Occurring at February 2, 2013
Involuntary
Termination
with
Cause
Involuntary
Termination
without
Cause
Voluntary
Termination
Termination
upon
Disability
Termination
upon
Death
Termination
in Connection
with a Change
in Control
Change in
Control
(without
termination)
Salary/Salary Continuation ($) — 565,000 — — — 1,130,000 —
Non-Equity Incentive Plan
Compensation ($) — 0 — 0 0 1,356,000 —
Healthcare Coverage ($) — 105,029 — — — 105,029 —
Long-Term Disability Benefit ($) — — — 25,000 — — —
Use of Automobile/Automobile
Allowance ($) — 13,708 — — — — —
Accelerated Equity Awards ($) — — — 375,276 375,276 2,121,636 2,121,636
Excise Tax Benefit ($) — — — — — 0 0
Total ($) — 683,737 — 400,276 375,276 4,712,665 2,121,636