Harris Teeter 2012 Annual Report Download - page 96

EXECUTIVE COMPENSATION
The table below summarizes the compensation during the past three fiscal years for each NEO. Mr. Antolock
became an executive officer in Fiscal 2012, so no compensation information is provided for him for Fiscal 2011 or
2010. Mr. Jackson separated from the Company in November 2011, so Fiscal 2012 reflects a partial year for him.
Summary Compensation Table for 2012
Name and
Principal Position Year
Salary
($)
Bonus
($)(1)
Stock
Awards
($)(2)
Option
Awards
($)
Non-Equity
Incentive Plan
Compensation
($)(3)
Change in
Pension Value
and
Non-Qualified
Deferred
Compensation
Earnings
($)(4)
All Other
Compensation
($)(5)
Total
($)
Thomas W. Dickson .......... 2012 709,000 — 1,591,500 — 837,187 3,283,000 192,641 6,613,328
Chairman of the Board and 2011 682,000 — 1,345,400 — 865,867 306,000 185,908 3,385,175
Chief Executive Officer 2010 620,000 — 667,062 — 662,160 1,804,000 139,686 3,892,908
Frederick J. Morganthall, II . . 2012 500,000 75,000 848,800 — 397,500 1,018,000 138,281 2,977,581
President and Chief 2011 482,000 — 672,700 — 367,525 286,000 135,867 1,944,092
Operating Officer 2010 452,500 — 333,532 — 341,638 1,245,000 118,290 2,490,960
John B. Woodlief ............. 2012 487,000 — 636,600 — 479,208 1,205,000 154,960 2,962,768
Executive Vice President and 2011 472,500 — 576,600 — 499,905 272,000 142,592 1,963,597
Chief Financial Officer 2010 435,000 — 333,532 — 387,150 728,000 139,766 2,023,448
Rodney C. Antolock .......... 2012 415,000 50,000 466,840 — 329,925 416,000 95,910 1,773,675
Executive Vice President
Fred A. Jackson .............. 2012 32,253 25,199(6) 934,425(7) — — 166,000 4,072 1,161,949
President of former subsidiary 2011 328,000 — 345,960 — 235,627 363,000 112,025 1,384,612
American & Efird 2010 295,000 29,500(8) 240,142 — 162,361 262,000 103,125 1,092,128
(1) Amounts represent a discretionary bonus provided to the applicable NEO for the fiscal year indicated. For
more information relating to discretionary cash bonuses for Fiscal 2012, please refer to “Annual Cash
Compensation” in the “Compensation Discussion and Analysis” section.
(2) Amounts reflect the grant date fair value computed in accordance with Financial Accounting Standards Board
Accounting Standards Codification (“FASB ASC”) Topic 718, related to restricted stock and performance
shares granted in the fiscal year noted. The assumptions used in the calculation of these amounts are included
in the note entitled “Stock Options and Stock Awards” in the Notes to Consolidated Financial Statements
included within the Company’s Annual Report on Form 10-K for the fiscal year ended October 2, 2012, except
that for the purposes of this table the estimates of forfeitures related to service-based vesting conditions have
been disregarded. For more information on the actual forfeitures, if any, for each of the NEOs listed in the
table during Fiscal 2012, please refer to “2012 Performance Share Awards”. For more information on the
outstanding shares of restricted stock held by the NEOs, please refer to “Outstanding Equity Awards at Fiscal
Year-End for 2012”.
(3) This column represents Incentive Bonuses paid to the NEOs. In accordance with the Securities and Exchange
Commission requirements, Incentive Bonuses paid are “performance-based” and therefore are reported in the
Non-Equity Incentive Plan Compensation column. As described in the “Compensation Discussion and
Analysis” section, such cash incentive bonuses are paid to the NEOs when specific performance measures are
achieved and the payment is approved by the Compensation Committee. These amounts were paid in the
November following the end of the indicated fiscal year to each respective NEO with respect to the Company’s
performance during the indicated fiscal year.
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