Neiman Marcus 2004 Annual Report Download - page 56

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ITEM 11. EXECUTIVE COMPENSATION
The following table sets forth the annual compensation for the Chief Executive Officer and the four other most highly compensated executive officers
(the "Named Executive Officers") serving at the end of fiscal year 2005.
Summary Compensation Table
Annual Compensation
Long-Term
Compensation
Awards(1)
Name and
Principal Position
Fiscal
Year
Salary
($)
Bonus
($)(2)
Other
Annual
Compen-
sation
($)
Restricted
Stock
Awards
($)(6)
Securities
Underlying
Options
(#)
All
Other
Compen-
sation
($)(7)
Burton M. Tansky
President and Chief
Executive Officer
2005
2004
2003
1,300,000
1,250,000
1,200,000
1,690,000
1,574,219
1,070,160
12,000(3) 2,699,940
1,132,830
601,326
-0-
76,000
70,000
103,921
76,665
63,957
Karen W. Katz
President and Chief
Executive Officer
Neiman Marcus
Stores
2005
2004
2003
715,000
650,000
650,000
694,086
633,750
325,537
25,000(4) 1,403,956
633,187
403,921
-0-
35,000
45,000
43,290
29,249
23,171
James E. Skinner
Senior Vice President
and Chief Financial
Officer
2005
2004
2003
510,000
485,000
460,000
408,000
378,300
246,836
789,756
404,112
229,597
-0-
25,000
24,000
32,088
23,061
19,504
Brendan L. Hoffman
President and Chief
Executive Officer
Neiman Marcus
Direct
2005
2004
2003
440,000
400,000
350,000
279,030
306,650
112,840
105,297
187,423
147,605
31,042
36,900
22,400
22,219
6,452
6,142
James J. Gold
President and Chief
Executive Officer
Bergdorf Goodman
2005
2004
2003
400,000
400,000
235,000
320,000
174,425
116,024
140,000(5) 789,756
312,121
77,425
-0-
21,500
4,500
186,135
416
198
All restricted stock awards, nonqualified stock options, and other equity-based awards were granted to each of the Named Executive Officers under
The Neiman Marcus Group, Inc. 1997 Incentive Plan (the "1997 Plan").
Bonus payments are reported with respect to the year in which the related services were performed.
The amount shown for Mr. Tansky is for a car allowance.
The amount shown for Ms. Katz is for a clothing allowance.
The amount for Mr. Gold consists of a cost of living adjustment due to his relocation from Texas to New York.
Restricted shares are shares of Class A Common Stock that are subject to restrictions until vesting and that are subject to forfeiture if the employee is
no longer employed by us. The amounts reported represent the dollar value of restricted stock awarded to each individual based on the closing market
price of the Class A Common Stock on the date of the award. In fiscal year 2005, certain key employees, including the Named Executive Officers,
were awarded choice awards in the form of a dollar amount to be allocated among matching restricted stock units ("MRSUs"), stock options, and
restricted stock units. Each choice award
53
(1)
(2)
(3)
(4)
(5)
(6)