Pottery Barn 2006 Annual Report Download - page 101

Download and view the complete annual report

Please find page 101 of the 2006 Pottery Barn 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 152

  • 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

Non-Employee Director Compensation During Fiscal 2006
The following table shows the compensation paid to our non-employee directors during fiscal 2006:
Fees Earned
or Paid in
Cash ($)
Stock
Awards ($)
Option Awards
($)(1)
Non-Stock
Incentive Plan
Compensation
($)
Change in
Pension Value
and
Nonqualified
Deferred
Compensation
Earnings
All Other
Compensation
($)(9) Total ($)
Sanjiv Ahuja ........ — — $199,740(2) — — $2,323 $202,063
Adrian Bellamy ...... — — $215,720(3) — — $7,784 $223,504
Adrian Dillon ....... — — $205,160(4) — — $7,677 $212,837
Jeanne Jackson ...... — — $ 82,924(5) — — — $ 82,924
Michael Lynch ...... — — $235,621(6) — — $4,316 $239,937
Richard Robertson .... — — $199,740(7) — — $1,636 $201,376
David Zenoff ........ — — $303,568(8) — — $2,797 $306,365
(1) Based on the compensation cost recognized in fiscal 2006 for financial statement reporting purposes as determined
pursuant to Statement of Financial Accounting Standards, or SFAS, No. 123R, disregarding forfeiture assumptions.
Assumptions used in the calculation of these amounts are included in Note I to our Consolidated Financial Statements
which is included in our Annual Report on Form 10-K for the fiscal year ended January 28, 2007.
(2) Fiscal 2006 expense associated with (i) an option award of 12,500 shares of common stock made on May 23, 2006 at an
exercise price of $39.80 per share, with a fair value as of the grant date of $13.64, disregarding forfeiture assumptions
and (ii) an option award of 12,500 shares of common stock made on May 18, 2005 at an exercise price of $36.53 per
share, with a fair value as of the grant date of $22.21, disregarding forfeiture assumptions.
(3) Fiscal 2006 expense associated with (i) an option award of 13,500 shares of common stock made on May 23, 2006 at an
exercise price of $39.80 per share, with a fair value as of the grant date of $13.64, disregarding forfeiture assumptions
and (ii) an option award of 13,500 shares of common stock made on May 18, 2005 at an exercise price of $36.53 per
share, with a fair value as of the grant date of $22.21, disregarding forfeiture assumptions.
(4) Fiscal 2006 expense associated with (i) an option award of 15,500 shares of common stock made on May 23, 2006 at an
exercise price of $39.80 per share, with a fair value as of the grant date of $13.64, disregarding forfeiture assumptions
and (ii) an option award of 13,500 shares of common stock made on April 18, 2005 at an exercise price of $33.66 per
share, with a fair value as of the grant date of $20.64, disregarding forfeiture assumptions.
(5) Fiscal 2006 expense associated with an option award of 12,500 shares of common stock made on May 18, 2005 at an
exercise price of $36.53 per share, with a fair value as of the grant date of $22.21, disregarding forfeiture assumptions.
Ms. Jackson resigned from the Board on October 30, 2006 and her option award made on May 23, 2006 was canceled.
(6) Fiscal 2006 expense associated with (i) an option award of 13,500 shares of common stock made on May 23, 2006 at an
exercise price of $39.80 per share, with a fair value as of the grant date of $13.64, disregarding forfeiture assumptions
and (ii) an option award of 16,500 shares of common stock made on May 18, 2005 at an exercise price of $36.53 per
share, with a fair value as of the grant date of $22.21, disregarding forfeiture assumptions.
(7) Fiscal 2006 expense associated with (i) an option award of 12,500 shares of common stock made on May 23, 2006 at an
exercise price of $39.80 per share, with a fair value as of the grant date of $13.64, disregarding forfeiture assumptions
and (ii) an option award of 12,500 shares of common stock made on May 18, 2005 at an exercise price of $36.53 per
share, with a fair value as of the grant date of $22.21, disregarding forfeiture assumptions.
(8) Fiscal 2006 expense associated with (i) an option award of 12,500 shares of common stock made on May 23, 2006 at an
exercise price of $39.80 per share, with a fair value as of the grant date of $13.64, disregarding forfeiture assumptions
and (ii) an option award of 13,500 shares of common stock made on August 17, 2005 at an exercise price of $41.94 per
share, with a fair value as of the grant date of $25.25, disregarding forfeiture assumptions.
(9) Discount on merchandise.
7
Proxy