Pottery Barn 2012 Annual Report Download - page 130

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Summary Compensation Table for Fiscal 2012, Fiscal 2011 and Fiscal 2010
This table sets forth the annual and long-term compensation earned by our “named executive officers,” who in
fiscal 2012 were our Chief Executive Officer, our Chief Financial Officer, our three other most highly
compensated executive officers during fiscal 2012, and our former Chief Financial Officer, Sharon L. McCollam,
who retired effective March 6, 2012. Julie Whalen became our Acting Chief Financial Officer effective March 6,
2012 and our Chief Financial Officer effective July 27, 2012. Richard Harvey resigned as President of the
Williams-Sonoma brand effective March 20, 2013.
Name and
Principal Position
Fiscal
Year
Salary
($)
Bonus
($)
Stock
Awards
($)(1)
Option
Awards
($)(2)
Non-Equity
Incentive Plan
Compensation
($)
All Other
Compensation
($)(3) Total ($)
Laura J. Alber ............. 2012 $1,280,769 — $5,960,024 — $2,800,000 $ 69,579 $10,110,372
Director, President 2011 $1,156,731 — $2,738,699 $2,691,081 $2,600,000 $ 25,020 $ 9,211,531
and Chief Executive 2010 $ 948,077 $350,000(4) $7,761,600 $2,032,940 $2,400,000 $ 62,795 $13,555,412
Officer (PEO)
Julie P. Whalen ............ 2012 $ 479,231 $100,000(5) $1,877,243 — $ 750,000 $ 36,938 $ 3,243,412
Executive Vice
President and Chief
Financial Officer (PFO)
Patrick J. Connolly .......... 2012 $ 640,144 — $1,117,516 — $ 700,000 $ 65,411 $ 2,523,071
Director and 2011 $ 616,615 — $ 622,450 $ 611,613 $ 700,000 $ 16,319 $ 2,566,997
Executive Vice 2010 $ 579,646 — $ 311,850 $ 95,294 $ 800,000 $ 14,897 $ 1,801,687
President, Chief
Marketing Officer
Richard Harvey ............ 2012 $ 675,000 — $ 744,887 — — $ 52,696 $ 1,472,583
Former President, 2011 $ 660,577 — $ 672,312 $ 660,539 $ 270,000 $ 16,980 $ 2,280,408
Williams-Sonoma 2010 $ 588,462 — $ 693,000 — $ 700,000 $ 26,155 $ 2,007,617
Brand
Sandra N. Stangl ........... 2012 $ 790,385 — $1,676,181 — $1,600,000 $ 52,303 $ 4,118,869
President, Pottery Barn, 2011 $ 716,346 — $ 746,899 $ 733,964 $1,200,000 $ 16,770 $ 3,413,979
Pottery Barn Kids and
PBteen Brands
Sharon L. McCollam ........ 2012 $ 151,442 — $ 650,775(6) $2,367,923(7) — $2,892,617 $ 6,062,757
Former Director and 2011 $ 870,193 — $ 871,348 $ 856,243 $ — $ 25,230 $ 2,623,014
Executive Vice 2010 $ 830,770 — $5,821,200 $1,524,705 $1,600,000 $ 63,005 $ 9,839,680
President, Chief
Operating and Chief
Financial Officer
(1) Based on the fair market value of awards granted in fiscal 2012, fiscal 2011, and fiscal 2010, which is calculated by multiplying the closing price
of our stock on the trading day prior to the grant date by the number of units granted. The number of restricted stock units granted is determined
by dividing the total monetary value of each award by the closing price of our common stock on the trading day prior to the grant date, rounding
down to the nearest whole share.
(2) Based on the fair market value of awards granted in fiscal 2012, fiscal 2011, and fiscal 2010. The fair market value assumptions used in the
calculation of these amounts are included in Note H to our Consolidated Financial Statements, which is included in our Annual Report on Form
10-K for the fiscal year ended February 3, 2013.
(3) Details are provided in the “Other Annual Compensation from Summary Compensation” table on page 37.
(4) Represents a special, discretionary bonus of $350,000 that was awarded to Ms. Alber in recognition of her outstanding performance and the
company’s results for fiscal 2010.
(5) Represents a special, discretionary bonus of $100,000 that was awarded to Ms. Whalen in recognition of her service as the Company’s Acting
Chief Financial Officer.
(6) Represents the fair value of the acceleration of vesting of 17,579 restricted stock units as of March 15, 2012, the effective date of the acceleration
in connection with Ms. McCollam’s separation agreement.
(7) Represents the fair value of the acceleration of vesting of 131,060 stock-settled appreciation rights as of March 15, 2012, the effective date of the
acceleration in connection with Ms. McCollam’s separation agreement.
36