Harris Teeter 2012 Annual Report Download - page 98

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Grants of Plan-Based Awards for 2012
Estimated Future
Payouts Under
Non-Equity Incentive
Plan Awards (1)
Estimated Future
Payouts Under
Equity Incentive
Plan Awards (2)
All Other Stock
Awards: Number
of Shares of Stock
or Units
Grant Date
Fair Value of
Stock and
Option Awards
Name Grant Date Threshold($) Target(#) (#)(3) ($)(4)
Thomas W. Dickson
Incentive Bonus ............ 11/17/2011 — N/A N/A N/A
Performance Shares......... 11/17/2011 N/A 18,750 N/A 795,750
Restricted Stock ............ 11/17/2011 N/A N/A 18,750 795,750
Frederick J. Morganthall, II
Incentive Bonus ............ 11/17/2011 75,000 N/A N/A N/A
Performance Shares......... 11/17/2011 N/A 10,000 N/A 424,400
Restricted Stock ............ 11/17/2011 N/A N/A 10,000 424,400
John B. Woodlief
Incentive Bonus ............ 11/17/2011 — N/A N/A N/A
Performance Shares......... 11/17/2011 N/A 7,500 N/A 318,300
Restricted Stock ............ 11/17/2011 N/A N/A 7,500 318,300
Rodney C. Antolock
Incentive Bonus ............ 11/17/2011 62,250 N/A N/A N/A
Performance Shares......... 11/17/2011 N/A 5,500 N/A 233,420
Restricted Stock ............ 11/17/2011 N/A N/A 5,500 233,420
Fred A. Jackson —— ———
(1) Amounts shown are estimated threshold payouts for Fiscal 2012 to the NEOs under the 2006 Cash Incentive
Plan. Under the applicable performance criteria, if the Company achieves the predetermined minimum goals,
executives are paid a predetermined percentage of base compensation as Incentive Bonus. The percentage of
base compensation payable as Incentive Bonus increases as the return or profit margin increases. The plans
are discussed in greater detail in the “Cash Incentive Plan Awards for 2012” table and the footnotes thereunder.
(2) Amounts shown are estimated target number of performance shares awards that were granted in Fiscal 2012,
assuming the Company met or exceeded its operating profit projections, which are discussed in greater detail
in the “Compensation Discussion and Analysis” section. Performance shares were 100% subject to meeting
the operating profit projections for Fiscal 2012. If performance is achieved, these performance shares will be
settled by issuance of restricted stock. Once issued, 25% of these shares of restricted stock vest on each of
the first four anniversaries of the date of the issuance.
(3) Represents number of shares of restricted stock granted in Fiscal 2012. The restricted stock will vest 20% per
year on each of the first five anniversaries of the date of the award.
(4) Represents the grant date fair value of performance shares awards or restricted stock awards, as the case may
be, of such award computed in accordance with FASB ASC Topic 718. 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. The grant date fair value for performance shares
awards is based on the FASB ASC Topic 718 value of $42.44 per share.
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