Discover 2009 Annual Report Download - page 162

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Part III. |Item 10. Directors, Executive Officers and Corporate Governance.
Information regarding our executive officers is included under the heading “Executive Officers of the Registrant” in
Item 1 of this annual report on Form 10-K. Information regarding our directors and corporate governance under the
following captions in our proxy statement for our annual meeting of stockholders to be held on April 8, 2010 (“Proxy
Statement”) is incorporated by reference herein.
• “Election of Directors – Information Concerning Nominees for Election as Directors”
• “Other Matters – Section 16(a) beneficial ownership reporting compliance”
• “Corporate Governance – Shareholder recommendations for director candidates”
• “Corporate Governance – Board meetings and committees”
Our Code of Ethics and Business Conduct applies to all directors, officers and employees, including our Chief Executive
Officer, our Chief Financial Officer and our Controller and Chief Accounting Officer. You can find our Code of Ethics
and Business Conduct on our internet site, www.discover.com. We will post any amendments to the Code of Ethics and
Business Conduct, and any waivers that are required to be disclosed by the rules of either the SEC or the New York Stock
Exchange, on our internet site.
Item 11. Executive Compensation.
Information regarding executive compensation under the following captions in our Proxy Statement is incorporated by
reference herein.
• “Executive and Director Compensation”
• “Compensation Discussion and Analysis”
• “Compensation Committee Report”
• “2009 Executive Compensation”
Item 12. Security Ownership of Certain Beneficial Owners and Management and Related Stockholder
Matters.
Information relating to compensation plans under which our equity securities are authorized for issuance as of
November 30, 2009, is set forth in the table below.
Equity Compensation Plan Information
Plan Category
Number of securities
to be issued upon
exercise of
outstanding options,
warrants and
rights(1)
Weighted-average
exercise price of
outstanding options,
warrants and rights
Number of securities
remaining available for
future issuance under
equity compensation
plans (excluding securities
reflected in column (a))
(a) (b) (c)
Equity compensation plans approved by security holders................... 9,758,290 $ 19.64 31,422,716
Equity compensation plans not approved by security holders ............. N/A N/A N/A
Total...................................................................................... 9,758,290 $ 19.64 31,422,716
(1) Includes 5,471,225 vested and unvested restricted stock units.
Information related to the beneficial ownership of our common stock is presented under the caption “Beneficial
Ownership of Company Common Stock” in our Proxy Statement and is incorporated by reference herein.
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