Pep Boys 2011 Annual Report Download - page 6

Download and view the complete annual report

Please find page 6 of the 2011 Pep Boys annual report below. You can navigate through the pages in the report by either clicking on the pages listed below, or by using the keyword search tool below to find specific information within the annual report.

Page out of 172

  • 1
  • 2
  • 3
  • 4
  • 5
  • 6
  • 7
  • 8
  • 9
  • 10
  • 11
  • 12
  • 13
  • 14
  • 15
  • 16
  • 17
  • 18
  • 19
  • 20
  • 21
  • 22
  • 23
  • 24
  • 25
  • 26
  • 27
  • 28
  • 29
  • 30
  • 31
  • 32
  • 33
  • 34
  • 35
  • 36
  • 37
  • 38
  • 39
  • 40
  • 41
  • 42
  • 43
  • 44
  • 45
  • 46
  • 47
  • 48
  • 49
  • 50
  • 51
  • 52
  • 53
  • 54
  • 55
  • 56
  • 57
  • 58
  • 59
  • 60
  • 61
  • 62
  • 63
  • 64
  • 65
  • 66
  • 67
  • 68
  • 69
  • 70
  • 71
  • 72
  • 73
  • 74
  • 75
  • 76
  • 77
  • 78
  • 79
  • 80
  • 81
  • 82
  • 83
  • 84
  • 85
  • 86
  • 87
  • 88
  • 89
  • 90
  • 91
  • 92
  • 93
  • 94
  • 95
  • 96
  • 97
  • 98
  • 99
  • 100
  • 101
  • 102
  • 103
  • 104
  • 105
  • 106
  • 107
  • 108
  • 109
  • 110
  • 111
  • 112
  • 113
  • 114
  • 115
  • 116
  • 117
  • 118
  • 119
  • 120
  • 121
  • 122
  • 123
  • 124
  • 125
  • 126
  • 127
  • 128
  • 129
  • 130
  • 131
  • 132
  • 133
  • 134
  • 135
  • 136
  • 137
  • 138
  • 139
  • 140
  • 141
  • 142
  • 143
  • 144
  • 145
  • 146
  • 147
  • 148
  • 149
  • 150
  • 151
  • 152
  • 153
  • 154
  • 155
  • 156
  • 157
  • 158
  • 159
  • 160
  • 161
  • 162
  • 163
  • 164
  • 165
  • 166
  • 167
  • 168
  • 169
  • 170
  • 171
  • 172

THE PEP BOYS !MANNY, MOE & JACK
3111 West Allegheny Avenue
Philadelphia, Pennsylvania 19132
____________
PROXY STATEMENT
____________
TABLE OF CONTENTS
GENERAL INFORMATION .........................................................................................................................1
SHARE OWNERSHIP ...................................................................................................................................4
(ITEM 1) ELECTION OF DIRECTORS .......................................................................................................6
What is the makeup of the Board of Directors? ...........................................................................................6
Nominees for Election .................................................................................................................................6
Corporate Governance .................................................................................................................................8
Compensation Committee Interlocks and Insider Participation....................................................................9
Meetings and Committees of the Board of Directors ..................................................................................9
Can a shareholder nominate a candidate for director? ...............................................................................10
How are candidates identified and evaluated? ...........................................................................................10
How are directors compensated? ...............................................................................................................11
Director Compensation Table ....................................................................................................................11
Certain Relationships and Related Transactions ........................................................................................11
Involvement in Certain Legal Proceedings ................................................................................................12
Report of the Audit Committee of the Board of Directors ........................................................................12
Independent Registered Public Accounting Firm’s Fees ...........................................................................13
EXECUTIVE COMPENSATION ...............................................................................................................14
Compensation Discussion and Analysis ....................................................................................................14
Compensation Committee Report ..............................................................................................................21
Summary Compensation Table ..................................................................................................................22
Grants of Plan Based Awards ....................................................................................................................24
Outstanding Equity Awards at Fiscal Year-End Table ..............................................................................25
Option Exercises and Stock Vested Table .................................................................................................27
Pension Plans .............................................................................................................................................27
Nonqualified Defined Contribution and Other Nonqualified Deferred Compensation Plans ....................27
Employment Agreements with the Named Executive Officers ..................................................................28
Potential Payments upon Termination or Change of Control ....................................................................29
(ITEM 2) ADVISORY RESOLUTION ON EXECUTIVE COMPENSATION .........................................30
(ITEM 3) PROPOSAL TO RATIFY THE APPOINTMENT OF INDEPENDENT REGISTERED
PUBLIC ACCCOUNTING FIRM ...............................................................................................................31
(ITEM 4) SHAREHOLDER PROPOSAL REGARDING REQUIRING OUR EXECUTIVE OFFICERS
TO RETAIN PEP BOYS STOCK FOLLOWING THE TERMINATION OF THEIR EMPLOYMENT ...32
SECTION 16(a) BENEFICIAL OWNERSHIP REPORTING COMPLIANCE .........................................34
COST OF SOLICITATION OF PROXIES .................................................................................................34
PROPOSALS OF SHAREHOLDERS .........................................................................................................34
ANNUAL REPORT ON FORM 10-K .........................................................................................................35