Kroger 2014 Annual Report Download - page 50
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(5) Amountsreportedinthevoluntarytermination/retirement,death,anddisabilitycolumnsrepresentthe
aggregatevalueofthelong-termcashbonusesgrantedin2013and2014,basedontheprobableoutcome
oftheperformanceconditionsasofJanuary31,2015andproratedfortheportionoftheperformance
period completed. Amounts reported in the change in control column represent the aggregate value of
50%ofthemaximumawardgrantedin2013and2014atthebeginningoftheperformanceperiod.
(6) Mr. Dillon retired as Chairman of the Board on December 31, 2014. On January 1, 2015, he began
receivingaccruedandbankedvacation,whichwillcontinuethroughAugust15,2015.Duringthistime,
heremainseligibleforbenefitsin the eventofdeath, disabilityora changein control.Theamounts
reportedinthevoluntarytermination/retirementcolumnrepresenttheamountsforwhichheiseligible
as a result of his retirement.
DI R E C T O R C O M P E N S A T I O N
Thefollowingtabledescribesthefiscal2014compensationfornon-employeedirectors.Mr.McMullen
doesnotreceivecompensationforhisBoardservice.
2014 DIRECTOR COMPENSATION TABLE
Name
Fees
Earned
or Paid
in Cash
Stock
Awards
Option
Awards
Change in
Pension Value
and
Nonqualified
Deferred
Compensation
Earnings
All
Other
Compensation Total
(1) (1) (2)
ReubenV.Anderson(3) .... $ 77,689 $ 67,434 — (4) $2,000 (10) $514 $147,637
Nora A. Aufreiter(3) ....... $ 11,881 $ 97,662 — — $189 $109,732
RobertD.Beyer .......... $124,664 $165,256 — (5) $7,425 (11) $189 $297,534
SusanJ.Kropf ........... $ 94,745 $165,256 — (6) — $189 $260,190
DavidB.Lewis. . . . . . . . . . . $ 84,772 $165,256 — (6) — $189 $250,217
JorgeP.Montoya ......... $ 99,731 $165,256 — (6) — $189 $265,176
ClydeR.Moore .......... $104,718 $165,256 — (5) $6,000 (10) $189 $276,163
SusanM.Phillips ......... $ 94,745 $165,256 — (7) $2,446 (11) $189 $262,636
StevenR.Rogel(3) ........ $ 77,689 $ 67,434 — (5) — $514 $145,637
JamesA.Runde .......... $ 99,731 $165,256 — (8) — $189 $265,176
RonaldL.Sargent ........ $114,692 $165,256 — (8) $2,518 (11) $189 $282,655
BobbyS.Shackouls ....... $ 94,745 $165,256 —
(9) — $189 $260,190
(1) These amounts represent the aggregate grant date fair value of the annual incentive stock award,
computed in accordance with FASB ASC Topic 718. Options are no longer granted to non-employee
directors.ThefootnotesintheOptionAwardscolumnrepresentpreviouslygrantedstockoptionsthat
remainunexercised.
(2) Thisamountreflectsthevalueofgiftcardsintheamountof$75andthecosttotheCompanyperdirector
forprovidingaccidentaldeathanddismembermentinsurancecoveragefornon-employeedirectorsin
theamountof$114.TheamountsreportedforMessrs.AndersonandRogelalsoincludearetirementgift
valuedat$325.
(3) Messrs.AndersonandRogelretiredfromtheBoardinDecember2014.Ms.AufreiterjoinedtheBoardin
December2014.Thefeesandstockawardsforeachofthesedirectorswereproratedaccordingly.
(4) Aggregatenumberofstockoptionsoutstandingatfiscalyearendwas10,400shares.
(5) Aggregatenumberofstockoptionsoutstandingatfiscalyearendwas47,500shares.