Pottery Barn 2004 Annual Report Download - page 93

Executive Compensation
This table sets forth the annual and long-term compensation earned by our Chief Executive Officer and our four
other most highly compensated executive officers during fiscal 2004. These individuals are collectively known as
our “named executive officers.” None of these officers held stock appreciation rights during the years represented
in the tables.
Summary Compensation Table
Name and Principal Position Year(1)
Annual
Compensation(2) Other Annual
Compensation
Long-Term
Compensation
Awards
All Other
Compensation
Restricted
Stock
Awards
Securities
Underlying
Options(3)Salary Bonus
W. Howard Lester .....................
Chairman
2004
2003
2002
$975,000
975,000
904,122
$ 731,300
731,300
1,356,490
$99,397(4)
24,171
65,945
—
—
—
12,500
—
—
$ 12,990(5)
12,621
11,723
Edward A. Mueller .....................
Director and Chief Executive Officer
2004
2003
2002
975,000
975,000
37,500
731,300
731,300
—
3,437(4)
4,193
—
—
—
—
100,000
—
1,021,000
7,245(6)
196,250(7)
80
Patrick J. Connolly .....................
Director and Executive Vice President,
Chief Marketing Officer
2004
2003
2002
531,971
514,471
499,931
190,000
193,000
500,000
—
186
—
—
—
—
50,000
20,000
—
11,069(8)
14,027
16,492
Laura J. Alber .........................
President, Pottery Barn Brands
2004
2003
2002
474,356
514,471
498,055
246,000
258,800
498,077
—
—
—
—
—
—
50,000
30,000
—
11,836(9)
14,027
16,800
Sharon L. McCollam ...................
Executive Vice President, Chief Financial
Officer
2004
2003
2002
484,423
398,846
363,462
235,000
228,600
280,000
2,029(4)
—
—
—
—
—
50,000
85,000
—
12,623(10)
14,129
59,798
(1) Rows specified “2004,” “2003” and “2002” represent fiscal years ended January 30, 2005, February 1, 2004 and
February 2, 2003, respectively.
(2) While the named executive officers enjoy certain perquisites, except as otherwise indicated in the table, the aggregate
value of such perquisites for the fiscal years shown did not equal or exceed the lesser of $50,000 or 10% of each such
officer’s salary and bonus for the applicable fiscal year.
(3) Figures have been adjusted to reflect stock splits.
(4) For personal use of our airplane.
(5) Comprised of (i) premiums in the amount of $1,140 paid by us for term life insurance in excess of $50,000, (ii) our
matching contribution of $3,350 under our Associate Stock Incentive Plan, which amounts are subject to vesting, (iii) a
$6,000 car allowance paid by us, and (iv) a $2,500 executive medical supplement paid by us.
(6) Comprised of (i) premiums in the amount of $1,140 paid by us for term life insurance in excess of $50,000, (ii) a
$6,000 car allowance paid by us, and (iii) a $105 executive medical supplement paid by us.
(7) Comprised of (i) premiums in the amount of $1,140 paid by us for term life insurance in excess of $50,000, (ii) a
$6,000 car allowance paid by us, and (iii) $189,110 as reimbursement for relocation expenses. Excludes $300,000 paid
to Mr. Mueller in February 2005 for costs related to his Arizona residence.
(8) Comprised of (i) premiums in the amount of $1,140 paid by us for term life insurance in excess of $50,000, (ii) our
matching contribution of $3,736 under our Associate Stock Incentive Plan, which amounts are subject to vesting, (iii) a
$6,000 car allowance paid by us, and (iv) a $193 executive medical supplement paid by us.
(9) Comprised of (i) premiums in the amount of $1,140 paid by us for term life insurance in excess of $50,000, (ii) our
matching contribution of $3,736 under our Associate Stock Incentive Plan, which amounts are subject to vesting, (iii) a
$5,000 car allowance paid by us, and (iv) a $1,960 executive medical supplement paid by us.
(10) Comprised of (i) premiums in the amount of $1,089 paid by us for term life insurance in excess of $50,000, (ii) our
matching contribution of $3,958 under our Associate Stock Incentive Plan, which amounts are subject to vesting, (iii) a
$6,000 car allowance paid by us, and (iv) a $1,576 executive medical supplement paid by us.
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