Pep Boys 2009 Annual Report Download - page 27

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Summary Compensation Table
The following table provides information regarding the fiscal 2009 compensation for Pep Boys’ CEO, CFO and
the three other executive officers that received the highest compensation in fiscal 2009. These executives are
referred to herein as the “named executive officers.” As explained in our Compensation Discussion and Analysis,
the compensation provided to our named executive officers consists of base salaries, short-term cash incentives,
long-term equity incentives, retirement plan contributions and heath and welfare benefits.
Name and
Principal Position
Fiscal
Year
Salary
($)
Bonus
($)
Stock
Awards
($)
(a)
Option
Awards
($)
(b)
Non-
Equity
Incentive
Plan
Compen-
sation
($)
(c)
All
Other
Compen-
sation
($)
(d)
Total
($)
Michael R. Odell 2009 800,000
-- -- 670,073 1,145,600 392,250 3,007,923
CEO(e) 2008 723,846
-- -- 38,424 -- 113,060 875,330
2007 192,307
400,000 765,320 30,732 141,781 48,997 1,579,137
Raymond L. Arthur 2009 500,000
-- -- 68,885 607,313 317,544 1,493,742
EVP – CFO(f) 2008 369,231
-- 228,250 292,810 375,000 143,126 1,408,417
Joseph A. Cirelli 2009 300,020
-- -- 38,748 218,647 121,819 679,234
SVP – Corporate 2008 300,020
-- 70,920 7,685 49,548 1,437,518 1,865,691
Development 2007 300,019
-- 64,160 10,800 64,980 20,925 460,884
William E. Shull III 2009 320,000
-- -- 68,885 233,208 104,414 726,507
SVP–Stores(g) 2008 131,500
-- 56,340 5,725 60,369 65,136 319,070
Scott A. Webb 2009 400,000
-- -- 68,885 291,510 71,181 831,576
SVP –
Merch. &
2008 400,000 -- 177,300 76,848 66,060 77,933 798,141
Marketing(h) 2007 161,538
375,000 360,000 -- 71,507 30,373 998,418
(a) Represents the grant date fair value calculated under SFAS No. 123(R).
(b) Represents the grant date fair value calculated under SFAS No. 123(R).
(c) Represents amounts earned under our Annual Incentive Compensation Plan in the year reported, that were paid,
or payable but deferred at the executive officer’s election, in the following fiscal year. For fiscal 2009:
$44,813; $16,134; $17,208; and $21,510 of such amounts attributable to Messrs. Arthur, Cirelli, Shull and
Webb, respectively, will only be earned and paid out over the subsequent three years if the applicable named
executive officer remains employed by the Company. For fiscal 2009, the amount reflected for Mr. Odell does
not include $150,000 that he was otherwise entitled to receive, but declined. Such amount, at Mr. Odell’s
request, was allocated to an account set aside by Pep Boys to provide associates’ children with educational
scholarships.