Pottery Barn 2013 Annual Report Download - page 144

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(6) Based on a monthly payment of $3,000 to be paid by the company for 18 months or 12 months, as
applicable, in lieu of continued employment benefits.
All Other Named Executive Officers
As described above, the other Named Executive Officers are not entitled to severance benefits in connection with
their termination for good reason, involuntary termination, death or disability. The following table describes the
payments and/or benefits which would have been owed by us to the Named Executive Officers as of February 2,
2014 under the EVP Retention Plan (and individual agreements) if within 18 months following a change of
control of the company, the executive’s employment was terminated by us without cause, or by the executive for
good reason.
Potential Double-Trigger Change in Control Benefits
Name Base Salary(1) Bonus Payment(2)
Equity
Awards(3)
Health Care
Benefits(4)
Julie P. Whalen .......................... $1,200,000 $ 866,667 $4,875,481(5) $36,000
Sandra N. Stangl ......................... $2,000,000 $2,666,667 $7,223,072(6) $36,000
Patrick J. Connolly ....................... $1,287,500 $1,466,667 $4,154,410(7) $36,000
(1) Represents 200% of each Named Executive Officer’s base salary as of February 2, 2014.
(2) Represents 200% of the average annual bonus received by each Named Executive Officer in the 36-month
period prior to February 2, 2014.
(3) Value is based on a stock price of $54.52, the closing price of our common stock on January 31, 2014, the
last business day of fiscal 2013.
(4) Based on a monthly payment of $3,000 to be paid by the company for 12 months in lieu of continued
employment benefits.
(5) Represents the sum of (i) $4,817,714 for acceleration of vesting of 88,366 restricted stock units and
(ii) $57,767 for acceleration of vesting of 4,232 shares underlying outstanding option awards.
(6) Represents the sum of (i) $6,876,499 for acceleration of vesting of 126,128 restricted stock units and
(ii) $346,573 for acceleration of vesting of 25,390 shares underlying outstanding option awards.
(7) Represents the sum of (i) $3,802,825 for acceleration of vesting of 69,751 restricted stock units and
(ii) $351,585 for acceleration of vesting of 23,500 shares underlying outstanding option awards.
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