Neiman Marcus 2006 Annual Report Download - page 72

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Footnotes:
(1) Non-equity incentive awards granted each of the named executive officers pursuant to the bonus plan. Payments under these
awards have already been determined and will be made prior to October 15, 2007 and are included in the Non-Equity Incentive
Plan Compensation column of the fiscal year 2007 Summary Compensation Table. For a detailed discussion on of the annual
incentive awards for fiscal year 2007, see Compensation Discussion and Analysis beginning on page 57.
The following table sets forth certain information regarding the total number and aggregate value of stock options held by
each of our named executive officers at July 28, 2007.
OUTSTANDING EQUITY AWARDS AT FISCAL YEAR END
Option Awards Stock Awards
Name
Number of
Securities
Underlying
Unexercised
Options
(#)
Exercisable
Number of
Securities
Underlying
Unexercised
Options
(#)
Unexercisable
Option
Exercise
Price
($)
Option
Expiration
Date
Number of
Shares or
Units of
Stock that
have not
Vested
(#)
Market
Value of
Shares or
Units of
Stock that
have not
Vested
($)
Equity
Incentive
Plan Awards:
Number of
Unearned
Shares, Units
or Other
Rights that
have not
Vested
(#)
Equity Incentive
Plan Awards:
Market or Payout
Value Of
Unearned Shares,
Units or Other
Rights that have
not Vested
($)
Burton M. Tansky 3,742 — 361.25 9-23-2010 — — — —
1,465 — 361.25 5-15-2011 — — — —
2,076 — 354.03 9-22-2011 — — — —
460 6,809(1) 1,445.00 10-06-2015 — — — —
1,692 6,809(2) 1,589.50(2) 10-06-2015 — — — —
Karen W. Katz 1,869 3,472(3) 1,445.00 10-06-2015 — — — —
1,869 3,472(4) 1,589.50(4) 10-06-2015 — — — —
James E. Skinner 935 1,735(3) 1,445.00 10-06-2015 — — — —
935 1,735(4) 1,589.50(4) 10-06-2015 — — — —
Brendan L. Hoffman 935 1,735(3) 1,445.00 10-06-2015 — — — —
935 1,735(4) 1,589.50(4) 10-06-2015 — — — —
James J. Gold 935 1,735(3) 1,445.00 10-06-2015 — — — —
935 1,735(4) 1,589.50(4) 10-06-2015 — — — —
Footnotes:
(1) Nonqualified stock options granted November 29, 2005 vested with respect to 460 shares on the first anniversary date of October 6, 2005 and thereafter on the
subsequent three anniversary dates of October 6, 2005 with respect to 2,269 shares.
(2) Nonqualified stock options granted on November 29, 2005 vest in four equal annual installments on October 6, 2007, October 7, 2008, October 6, 2009, and
October 6, 2010, subject to earlier vesting as disclosed on page 71 of this section. The options were granted at the initial exercise price of $1,445.00 per share
which will increase at a 10.00% compound rate on each anniversary of October 6, 2005 until the earlier to occur of (i) the exercise of the option, (ii) the fifth
anniversary of October 6, 2005, or (iii) the occurrence of a Change of Control, as more fully discussed on page 72. On October 6, 2007, the option price will
increase to $1,748.48 per share.
(3) Nonqualified stock options granted on November 29, 2005 at the exercise price of $1,445.00 per share which vests 20% on the first anniversary of October 6,
2005 and thereafter in forty-eight equal monthly installments over the forty-eight months following the first anniversary of October 6, 2005, beginning on the
one-month anniversary of such first anniversary and becoming fully vested on October 6, 2010, subject to earlier vesting in certain circumstances following a
change in control.
(4) Nonqualified stock options granted on November 29, 2005 which vests 20% on the first anniversary of October 6, 2005 and thereafter in forty-eight equal
monthly installments over the forty-eight months following the first anniversary of October 6, 2005, beginning on the one-month anniversary of such first
anniversary and becoming fully vested on October 6, 2010. The options were granted at the initial exercise price of $1,445.00 per share which will increase at a
10.00% compound rate on each anniversary of October 6, 2005 until the earlier to occur of (i) the exercise of the option, (ii) the fifth anniversary of October 6,
2005, or (iii) the occurrence of a Change of Control, as more fully discussed on page 72, or in the event the equity investors sell a portion of their investment,
with respect to a portion of the options bearing the same ratio as the portion of the equity investor's equity sold. On October 6, 2007, the option price will
increase to $1,748.48 per share.
67