Pep Boys 2010 Annual Report Download - page 30

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24
Grants of Plan Based Awards
The following table shows (i) potential payouts under our short-term incentive program assuming specified pre-
established corporate objectives were achieved in fiscal 2010 and (ii) the customary annual equity grants made at the
beginning of fiscal 2010 in respect of fiscal 2009 service.
Estimated Potential Payouts Under
Non-Equity Incentive Plan Awards(a)
Name
Grant
Date
Thres-
hold
($)
Target
($)
Cash
Cap
($)
Maximum
($)
All
Other
Stock
Awards:
Number
of
Shares
of Stock
or Units
(#)
All
Other
Option
Awards:
Number
of
Securi-
ties
Underly-
ing
Options
(#)
Exercise
or Base
Price of
Option
Awards
($/Sh)
Grant
Date
Fair
Value of
Stock
and
Option
Awards
($)
(b)
Michael R. Odell -- 400,000 800,000 1,200,000 1,600,000 -- -- -- --
03/30/10 -- -- -- -- -- 93,458 10.27 400,000
03/30/10(c) -- -- -- -- 58,027 -- -- 600,000
Raymond L. Arthur -- 187,500 375,000 562,500 750,000 -- -- -- --
03/30/10 -- -- -- -- -- 18,692 10.27 80,000
03/30/10(c) -- -- -- -- 11,605 -- -- 120,000
William E. Shull III -- 104,000 208,000 312,000 416,000 -- -- --
03/30/10 -- -- -- -- -- 14,953 10.27 64,000
03/30/10(c) -- -- -- -- 9,285 -- -- 96,000
Scott A. Webb -- 130,000 260,000 390,000 520,000 -- -- --
03/30/10 -- -- -- -- -- 18,692 10.27 80,000
03/30/10(c) -- -- -- -- 11,605 -- -- 120,000
Joseph A. Cirelli -- 68,180 136,359 204,539 272,718 -- -- --
03/30/10 -- -- -- -- -- 10,748 10.27 46,000
03/30/10(c) -- -- -- -- 6,673 -- -- 69,000
(a) These columns reflect threshold, target, cash cap and maximum amounts that were potentially payable
under our Annual Incentive Bonus Plan to our named executive officers if certain corporate targets pre-
established by our Compensation Committee were achieved in fiscal 2010. See “Compensation Discussion
and Analysis” for a full discussion of our Annual Incentive Bonus Plan and “Summary Compensation
Table” for amounts actually earned in fiscal 2010.
(b) Represents the grant-date fair value calculated under SFAS No. 123(R).
(c) These awards were granted by the Board of Directors on March 30, 2010, subject to shareholder approval,
which was granted on June 17, 2010.