Pep Boys 2011 Annual Report Download - page 147

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(d) For fiscal 2011, consists of the following dollar amounts:
Odell Arthur Shull Webb Cirelli
Contributed (company match) under
our Deferred Compensation Plan .... 24,024 11,496 7,619 4,869 4,155
Paid as dividend equivalents on time-
based vesting RSUs ............. 1,152 500 180 651 90
Paid as an auto allowance ........... 16,000 16,000 13,500 13,500 13,500
Representing group term life insurance
premiums ..................... 1,020 1,020 581 725 546
(e) Mr. Odell joined Pep Boys on September 17, 2007 as Executive Vice President—Chief Operating
Officer. Mr. Odell was appointed interim Chief Executive Officer on May 24, 2008, permanent
Chief Executive Officer on September 22, 2008 and President & Chief Executive Officer on
June 17, 2010.
(f) Mr. Shull joined Pep Boys on September 2, 2008 as Senior Vice President—Stores and was
promoted to Executive Vice President—Stores on June 17, 2010.
(g) Mr. Webb joined Pep Boys on September 10, 2007 as Senior Vice President—Merchandising &
Marketing and was promoted to Executive Vice President—Merchandising & Marketing on
June 17, 2010.
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 2011 and (ii) the customary annual
equity grants made at the beginning of fiscal 2011 in respect of fiscal 2010 service.
All All Grant
Other Other Date
Stock Option Fair
Awards: Awards: Exercise Value of
Number of Number of or Base Stock
Estimated Potential Payouts Under Shares Securities Price of and
Non-Equity Incentive Plan Awards(a) of Stock Underlying Option Option
Grant Threshold Target Cash Cap Maximum or Units Options Awards Awards
Name Date ($) ($) ($) ($) (#) (#) ($/Sh) ($)(b)
Michael R. Odell . . . . — 410,000 820,000 1,230,000 1,640,000 — — — —
03/29/11 — — — — — 81,331 12.30 440,000
03/29/11 — — — — 52,885 — — 660,000
Raymond L. Arthur . . . — 196,875 393,750 590,625 787,500 — — — —
03/29/11 — — — — — 18,484 12.30 100,000
03/29/11 — — — — 12,019 — — 150,000
William E. Shull III . . . — 131,250 262,500 393,750 525,000 — — —
03/29/11 — — — — — 12,939 12.30 70,000
03/29/11 — — — — 8,413 — — 105,000
Scott A. Webb . . . . . . — 168,750 337,500 506,250 675,000 — — —
03/29/11 — — — — — 16,636 12.30 90,000
03/29/11 — — — — 10,817 — — 135,000
Joseph A. Cirelli . . . . . — 70,875 141,750 212,625 283,500 — — —
03/29/11 — — — — — 8,503 12.30 46,000
03/29/11 — — — — 5,529 — — 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 2011. 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 2011.
(b) Represents the grant-date fair value calculated under ASC 718.
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