Staples 2004 Annual Report Download - page 44

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aggregate value of the 862,500 shares of unvested restricted stock held by Mr. Sargent had a total value of
$18,480,442. See ‘‘Performance Accelerated Restricted Stock Awards.’’
(6) Reflects $110,178 for Executive Life Insurance premiums and $480 for Long Term Care Insurance premiums that
we paid in 2004. Also reflects $38,000, $24,360 and $19,515 that we contributed on a matching basis pursuant to
the terms of our 401(k) and Supplemental Executive Retirement Plans for 2004, 2003 and 2002, respectively. Also
reflects $12,095, $11,197 and $15,680 for split dollar insurance premiums we paid in 2004, 2003 and 2002,
respectively.
(7) Reflects an award of 150,000 shares of PARS to Mr. Sargent at a per share value of $17.3733 and an award of
450,000 shares of restricted stock at a per share value of $17.5466. As of January 29, 2005, these restricted shares
owned by Mr. Sargent had a combined total value of $12,855,960. See ‘‘Performance Accelerated Restricted
Stock Awards.’’
(8) Reflects an award of 150,000 shares of PARS to Mr. Sargent at a per share value of $9.0266. As of January 29,
2005, these restricted shares owned by Mr. Sargent had a total value of $3,213,990. See ‘‘Performance
Accelerated Restricted Stock Awards.’’
(9) Reflects an award of 60,000 shares of restricted stock to Mr. Mahoney at a per share value of $19.5533 and an
award of 67,500 shares of PARS at a per share value of $19.7933. As of January 29, 2005, these restricted shares
owned by Mr. Mahoney had a combined total value of $2,731,891. As of January 29, 2005, the aggregate value of
the 262,500 shares of unvested restricted stock held by Mr. Mahoney had a total value of $5,624,482. See
‘‘Performance Accelerated Restricted Stock Awards.’’
(10) Reflects $59,039 for Executive Life Insurance premiums that we paid in 2004 and 2003 and $516 for Long Term
Care Insurance premiums that we paid in 2004. Also reflects $20,742, $14,271 and $13,440 that we contributed on
a matching basis pursuant to the terms of our 401(k) and Supplemental Executive Retirement Plans for 2004,
2003 and 2002, respectively. Also reflects $12,562, $11,708 and $16,396 for split dollar insurance premiums we
paid in 2004, 2003 and 2002, respectively.
(11) Reflects an award of 67,500 shares of PARS to Mr. Mahoney in each year at a per share value of $17.3733 for the
2003 grant and $9.0266 for the 2002 grant. As of January 29, 2005, each year’s grant had a total value of
$1,446,295. See ‘‘Performance Accelerated Restricted Stock Awards.’’
(12) Reflects an award of 75,000 shares of PARS to Mr. Miles at a per share value of $19.7933. As of January 29, 2005,
these restricted shares owned by Mr. Miles had a total value of $1,606,995. As of January 29, 2005, the aggregate
value of the 225,000 shares of unvested restricted stock held by Mr. Miles had a total value of $4,820,985. See
‘‘Performance Accelerated Restricted Stock Awards.’’
(13) Reflects $1,580 and $375 for Executive Life Insurance Premiums that we paid in 2004 and 2003, respectively, and
$443 paid in 2004 for Long Term Care Insurance premiums. Also reflects $5,600 that we contributed on a
matching basis pursuant to the terms of our Supplemental Executive Retirement Plan for 2004.
(14) Reflects an award of 150,000 shares of PARS to Mr. Miles at a per share value of $17.3733. As of January 29,
2005, these restricted shares owned by Mr. Miles had a total value of $3,213,990. See ‘‘Performance Accelerated
Restricted Stock Awards.’’
(15) Reflects an award of 60,000 shares of PARS to Mr. Anderson in each year at a per share value of $19.7933 for the
2004 grant and $17.3733 for the 2003 grant. As of January 29, 2005, each year’s grant had a total value of
$1,285,596. As of January 29, 2005, the aggregate value of the 124,500 shares of unvested restricted stock held by
Mr. Anderson had a total value of $2,667,611. See ‘‘Performance Accelerated Restricted Stock Awards.’’
(16) Reflects $215,341 for Executive Life Insurance premiums and $676 for Long Term Care Insurance premiums that
we paid in 2004. Also reflects $17,762 and $7,002 that we contributed on a matching basis pursuant to the terms
of our 401(k) and Supplemental Executive Retirement Plans for 2004 and 2003 respectively. Also reflects $5,397
and $7,619 for split dollar insurance premiums we paid in 2003 and 2002, respectively.
(17) Represents amounts paid in connection with Mr. Anderson’s relocation from Pennsylvania to Massachusetts.
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