Pottery Barn 2011 Annual Report Download - page 133
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(4) Based on a monthly payment of $3,000 to be paid by the company for 12 months in lieu of continued
employment benefits.
Sandra N. Stangl
The following table describes the payments and/or benefits which would have been owed by us to Ms. Stangl as
of January 29, 2012 if her employment had been terminated in various situations.
Compensation and Benefits
For Good
Reason
Involuntary
Without Cause
Change-of-
Control Death Disability
Base Salary(1) ................................ — — $1,500,000 — —
Bonus Payment(2) ............................. — — $1,183,333 — —
Equity Awards(3) ............................. — — $3,066,070 — —
Health Care Benefits(4) ......................... — — $ 36,000 — —
(1) Based on Ms. Stangl’s base salary as of January 29, 2012.
(2) Represents 200% of the average annual bonus received by Ms. Stangl in the 36 month period prior to
January 29, 2012.
(3) Represents the sum of (i) $2,063,195 for acceleration of vesting of 58,747 restricted stock units and
(ii) $1,002,875 for acceleration of vesting of 88,280 shares underlying outstanding option awards. Value is
based on a stock price of $35.12, the closing price of our common stock on January 27, 2012, the last
business day of fiscal 2011.
(4) Based on a monthly payment of $3,000 to be paid by the company for 12 months in lieu of continued
employment benefits.
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