Neiman Marcus 2010 Annual Report Download - page 84

Table of Contents
(5) Represents a lump sum payment payable under the Cash Incentive Plan more fully described beginning on page 72 of this
section.
DIRECTOR COMPENSATION
None of our directors, except Mr. Tansky, receive compensation for their service as a member of our Board of Directors.
They are reimbursed for any expenses incurred as a result of their service. Pursuant to the terms and conditions of his Director
Services Agreement, more fully described beginning on page 70 of this section, Mr. Tansky will serve as non-executive Chairman of
the Board of Directors for a term beginning on October 6, 2010 through December 31, 2011. The actual amount of director fees paid
to Mr. Tansky is reflected in the Summary Compensation Table on page 62 this section. We offer to each of our directors a discount
at our stores at the same rate that is available to our employees. As an employee director, Ms. Katz receives no compensation for her
service as a member of our Board of Directors.
In connection with the Acquisition, affiliates of the Sponsors receive an annual management fee equal to the lesser of
(i) 0.25% of consolidated annual revenue, and (ii) $10 million for consulting and management advisory services they provide to us.
See discussion on "Management Services Agreement" on page 83 of this section.
ITEM 12. SECURITY OWNERSHIP OF CERTAIN BENEFICIAL OWNERS AND MANAGEMENT AND RELATED
STOCKHOLDER MATTERS
Securities Authorized for Issuance under Equity Compensation Plans
The following table sets forth information regarding equity compensation plans approved by shareholders and equity
compensation plans not approved by shareholders as of July 30, 2011.
Plan Category
Number of
securities to be
issued upon exercise
of outstanding options,
warrants and
rights
Weighted-average
exercise price of
outstanding
options, warrants,
and rights
Number of securities
remaining available
for future issuance
under equity
compensation plans
(excluding securities
reflected in column (a))
(a) (b) (c)
Equity compensation plans approved
by security holders 74,287 (1) $ 1,282 38,705
Equity compensation plans not
approved by security holders — — —
Total 74,287 $ 1,282 38,705
Footnotes:
(1) This number represents options issuable under the Management Incentive Plan that was approved by a majority of the
shares of common stock of Neiman Marcus, Inc. on November 29, 2005 and amended on January 1, 2009, November 16,
2009, January 4, 2011, and May 1, 2011. The Plan became effective on November 29, 2005 and will expire on
November 29, 2015.
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