Staples 2004 Annual Report Download - page 39

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June 2004 Board meetings were issued on June 23, 2004, under and in accordance with the terms of the 2004 Stock
Incentive Plan, subsequent to the 2004 Annual Meeting of Stockholders.
Senator Mitchell provides consulting services to us in return for an additional annual fee of $75,000. During the
fiscal year ended January 29, 2005, we paid this fee to Senator Mitchell on May 6, 2004, in the form of Staples
common stock, the receipt of which he elected to defer.
In connection with service on the Board in 2004, our Outside Directors received the following equity awards in
2004:
Fair Market Value
of the Award
Type of Equity Number of (per share)
Outside Director Award Date Award Shares as of Award Date
Brenda Barnes 6/23/2004 Option 13,500 $20.09
Restricted Stock 1,800 $20.09
9/10/2004 Option 4,500 $20.00
Restricted Stock 600 $20.00
12/9/2004 Option 4,500 $21.85
Restricted Stock 600 $21.85
Arthur Blank 6/23/2004 Option 4,500 $20.09
Restricted Stock 600 $20.09
9/10/2004 Option 4,500 $20.00
Restricted Stock 600 $20.00
12/9/2004 Option 4,500 $21.85
Restricted Stock 600 $21.85
Mary Elizabeth Burton 6/23/2004 Option 13,500 $20.09
Restricted Stock 1,800 $20.09
9/10/2004 Option 4,500 $20.00
Restricted Stock 600 $20.00
12/9/2004 Option 4,500 $21.85
Restricted Stock 600 $21.85
Gary Crittenden 3/2/2004 Option 22,500 $18.22
6/23/2004 Option 13,500 $20.09
Restricted Stock 1,800 $20.09
9/10/2004 Option 4,500 $20.00
Restricted Stock 600 $20.00
12/9/2004 Restricted Stock 300 $21.85
Richard Currie 6/23/2004 Option 13,500 $20.09
Restricted Stock 2,100 $20.09
9/10/2004 Option 4,500 $20.00
Restricted Stock 900 $20.00
12/9/2004 Option 4,500 $21.85
Restricted Stock 900 $21.85
23