Pottery Barn 2014 Annual Report Download - page 145

Summary Compensation Table for Fiscal 2014, Fiscal 2013 and Fiscal 2012
This table sets forth the annual and long-term compensation earned by our Named Executive Officers.
Name and
Principal Position
Fiscal
Year
Salary
($)(1)
Bonus
($)
Stock
Awards
($)(2)(3)
Option
Awards
($)
Non-Equity
Incentive Plan
Compensation
($)
All Other
Compensation
($)(4) Total ($)
Laura J. Alber ................. 2014 $1,409,619 — $9,999,937 — $3,250,000 $ 19,660 $14,679,216
Director, President 2013 $1,350,000 — $6,999,976 — $3,500,000 $ 72,826 $11,922,802
and Chief Executive 2012 $1,280,769 — $5,960,024 — $2,800,000 $ 69,579 $10,110,372
Officer
Julie P. Whalen ............... 2014 $ 742,458 — $1,799,951 — $ 800,000 $ 68,095 $ 3,410,504
Executive Vice 2013 $ 611,538 — $1,349,969 — $ 850,000 $ 18,216 $ 2,829,723
President, Chief 2012 $ 479,231 $100,000(5) $1,877,243 — $ 750,000 $ 36,938 $ 3,243,412
Financial Officer
Sandra N. Stangl .............. 2014 $1,160,945 — $3,699,952 — $1,600,000 $115,202 $ 6,576,099
President, Pottery Barn 2013 $ 992,308 — $2,499,972 — $1,800,000 $ 45,424 $ 5,337,704
Brands 2012 $ 790,385 — $1,676,181 — $1,600,000 $ 52,303 $ 4,118,869
Janet M. Hayes(6) ............. 2014 $ 933,737 — $2,499,984 — $1,300,000 $228,589 $ 4,962,310
President, Williams- 2013 $ 769,615 — $1,799,959 — $1,000,000 $ 30,163 $ 3,599,737
Sonoma Brand
Patrick J. Connolly ............. 2014 $ 689,520 — $1,331,928 — $ 500,000 $ 33,568 $ 2,555,016
Director and 2013 $ 668,510 — $1,109,968 — $ 750,000 $ 47,149 $ 2,575,627
Executive Vice 2012 $ 640,144 — $1,117,516 — $ 700,000 $ 65,411 $ 2,523,071
President, Chief Strategy and
Business Development Officer
(1) Variances in the salary column versus annual base salary are a result of the timing of paychecks issued in a given fiscal year and, for fiscal 2014,
cash paid in lieu of unused vacation.
(2) Based on the fair market value of awards granted in fiscal 2014, fiscal 2013, and fiscal 2012, 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 and performance stock
unit awards 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.
(3) For fiscal 2014, the amounts in the stock awards column reflect the fair market value of performance stock unit awards assuming probable
achievement of the performance goal at target levels resulting in the following fair market values for the performance stock unit awards:
Ms. Alber – $6,999,956; Ms. Whalen – $359,965; Ms. Stangl – $739,953; Ms. Hayes – $499,997; and Mr. Connolly – $266,360. Assuming
maximum achievement of the performance goal, these values would be: Ms. Alber – $13,999,912; Ms. Whalen – $719,930;
Ms. Stangl – $1,479,906; Ms. Hayes – $999,994; and Mr. Connolly – $532,720.
(4) Details are provided in the “Other Annual Compensation from Summary Compensation Table” on page 54.
(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) Ms. Hayes became a Named Executive Officer in fiscal 2013.
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