Pottery Barn 2010 Annual Report Download - page 150

Stock Awards
Number of Shares or
Units of Stock that
have not Vested (#)
Market Value of
Shares or Units of
Stock that have
not Vested ($)(1)
Equity Incentive Plan
Awards: Number of
Unearned Shares, Units or
Other Rights that have
not Vested (#)
Equity Incentive
Plan Awards:
Market or Payout Value of
Unearned Shares, Units
or Other Rights that have
not Vested ($)
Laura J. Alber .......... 17,579(2) $ 568,505 — —
280,000(3) $9,055,200 — —
W. Howard Lester ....... — — — —
Sharon L. McCollam ..... 17,579(2) $ 568,505 — —
210,000(3) $6,791,400 — —
Patrick J. Connolly ...... 14,078(2) $ 455,283 — —
11,250(3) $ 363,825 — —
Richard Harvey ......... 10,558(2) $ 341,446 — —
6,839(4) $ 221,173 — —
25,000(3) $ 808,500 — —
Seth R. Jaffe ........... 5,586(2) $ 180,651 — —
11,907(5) $ 385,072 — —
10,750(3) $ 347,655 — —
(1) Based on a stock price of $32.34, the closing price of our common stock on January 28, 2011, the last
business day of fiscal 2010.
(2) Represents restricted stock units granted on May 2, 2008. The restricted stock units vest in full four years
following the date of grant on May 2, 2012 subject to continued service. In addition, upon vesting, the
executive receives a cash payment equal to dividends declared between the grant date and the vesting date.
(3) Represents restricted stock units granted on March 25, 2010. The restricted stock units vest in full four years
following the date of grant on March 25, 2014 subject to continued service and a performance criterion of
positive net cash provided by operating activities (excluding any non-recurring charges) for fiscal 2010 as
provided on the company’s consolidated statements of cash flows. In addition, upon vesting, the executive
receives a cash payment equal to dividends declared between the grant date and the vesting date.
(4) Represents restricted stock units granted on April 10, 2009 in connection with the Williams-Sonoma, Inc.
Equity Award Exchange. Mr. Harvey was not a named executive officer at the time that the exchange
program began and accordingly he was eligible to participate in the exchange program. The restricted stock
units vest as follows: (i) 4,151 units vest on April 10, 2011 and (ii) 2,688 units vest on April 10, 2012.
(5) Represents restricted stock units granted on April 10, 2009 in connection with the Williams-Sonoma, Inc.
Equity Award Exchange. Mr. Jaffe was not a named executive officer at the time that the exchange program
began and accordingly he was eligible to participate in the exchange program. The restricted stock units vest
as follows: (i) 9,756 units vest on April 10, 2011 and (ii) 2,151 units vest on April 10, 2012.
54