GameStop 2005 Annual Report Download - page 59

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Item 11. Executive Compensation
The following table (the “Summary Compensation Table”) sets forth the compensation earned during the years
indicated by our chief executive officer and our four other most highly compensated executive officers.
Name and Principal Position
Fiscal
Year Salary ($) Bonus ($)
Restricted
Stock
Awards ($)
Securities
Underlying
GameStop
Options
(Shs.)
All Other
Compensation ($)(2)
Annual Compensation(1)
Long-term
Compensation
Awards
R. Richard Fontaine . . . . . . . . . . . . 2005 $643,846 $1,110,000 $2,428,800(5) — $11,919
Chairman of the Board and 2004 566,153 598,500 — 150,000(7) 13,031
Chief Executive Officer 2003 518,462 650,000 — 141,000(8) 10,600
Daniel A. DeMatteo . . . . . . . . . . . 2005 530,000 949,000 2,428,800(5) — 10,156
Vice Chairman and Chief 2004 466,646 493,500 — 150,000(7) 9,065
Operating Officer 2003 425,138 533,000 — 141,000(8) 7,126
Steven R. Morgan(3) . . . . . . . . . . . 2005 112,922 445,850 — 120,000(6) 6,746(9)
President 2004 — — — — —
2003 — — — — —
David W. Carlson . . . . . . . . . . . . . 2005 288,846 303,000 1,214,400(5) — 8,714
Executive Vice President and 2004 273,077 144,375 — 75,000(7) 9,539
Chief Financial Officer 2003 248,077 175,000 — 75,000(8) 8,173
Ronald Freeman(4) . . . . . . . . . . . . 2005 258,123 169,400 850,080(5) — 9,465
Executive Vice President 2004 249,039 93,750 — 66,000(7) 8,973
of Distribution 2003 198,077 80,000 — 66,000(8) 7,491
(1) None of the perquisites or other benefits paid to each named executive officer exceeded the lesser of $50,000 or
10% of the total annual salary and bonus received by each named executive officer.
(2) Consists of contributions under our 401(k) plan and payments for life and disability insurance coverage.
(3) Mr. Morgan was appointed as President in December 2005. Mr. Morgan joined the Company upon completion
of the mergers in October 2005 in his position as EB’s President of Stores — North America and President of
Electronics Boutique Canada Inc. The amounts presented above for periods prior to December 2005 reflect
compensation while he served in that capacity after the date of the mergers. Of the bonus, $118,755 was a
retention bonus for remaining in his position with EB up to and following completion of the mergers.
(4) Mr. Freeman was appointed as Executive Vice President in January 2004. The amounts presented above for
periods prior to 2004 reflect compensation while he served as the Company’s Vice President of Distribution
and Logistics.
(5) Reflects restricted shares of Class A common stock granted on February 10, 2006, based on performance for
the fiscal year ended January 28, 2006. These shares vest ratably over a three-year period commencing one
year after the grant date. The values in the table for our Class A common stock have been calculated based on
the $40.48 per share closing price of our Class A common stock on February 10, 2006, the grant date. The
number of restricted shares awarded to Messrs. Fontaine, DeMatteo, Carlson and Freeman were 60,000,
60,000, 30,000 and 21,000, respectively.
(6) Reflects options granted on February 10, 2006, based on performance for the fiscal year ended January 28,
2006.
(7) Reflects options granted on March 11, 2005, based on performance for the fiscal year ended January 29, 2005.
(8) Reflects options granted on March 2, 2004, based on performance for the fiscal year ended January 31, 2004.
(9) Includes payments for a vehicle leased for Mr. Morgan’s use.
Grants of Stock Options in Last Fiscal Year
The following table shows all grants of options to acquire shares of our Class A common stock granted to the
executive officers named in the Summary Compensation Table for the fiscal year ended January 28, 2006. The options
50