Staples 2006 Annual Report Download - page 52

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36
regarding the assumptions used to estimate the fair value of all stock option awards is included in Note H to
Consolidated Financial Statements contained in our Annual Report on Form 10-K for our 2006 fiscal year.
Except for the stock options awarded to Mr. Mahoney in 2006, each of the options vests ratably on an annual
basis over a four-year period, provided that the option recipient continues to be employed by us on such dates.
The stock options awarded to Mr. Mahoney will fully vest upon his retirement under our rule of 65, should he
retire before the end of the applicable vesting period.
(3) Represents amounts earned under our Executive Officer Incentive Plan for our 2006 fiscal year.
(4) Information about the named executive officer’s account balance (including any earnings) for our 2006 fiscal year
under our Supplemental Executive Retirement Plan (SERP) is set forth in the Nonqualified Deferred
Compensation For 2006 Fiscal Year table elsewhere in this proxy statement.
(5) Reflects the 2006 expense associated with awards of restricted stock in 2004, 2005 and 2006 and a performance
share award in 2006.
(6) Reflects the 2006 expense associated with stock option awards in 2002, 2003, 2004, 2005 and 2006.
(7) Reflects $121,030 for Executive Life Insurance premiums, $28,903 for Long-Term Disability premiums and
$1,555 for Long-Term Care premiums. Also reflects $2,200 and $95,743 that we contributed on a matching basis
pursuant to the terms of our 401(k) plan and SERP, respectively. Also reflects the $21,913 of economic benefit
provided by the prior premiums paid under the frozen Executive Split Dollar Plan. Also reflects $33,674 for tax
preparation services and $132,000 for dividend equivalents on restricted stock.
(8) Mr. Sargent’s salary and non-equity incentive plan compensation represent approximately 19% of his total
compensation reported in the above table.
(9) Reflects the 2006 expense associated with awards of restricted stock in 2004, 2005 and 2006 and a performance
share award in 2006.
(10) Reflects the 2006 expense associated with stock option awards in 2002, 2003, 2004, 2005 and 2006.
(11) Reflects $69,174 for Executive Life Insurance premiums, $8,825 for Long-Term Disability premiums and $1,883
for Long-Term Care premiums. Also reflects $2,200 and $40,394 that we contributed on a matching basis
pursuant to the terms of our 401(k) plan and SERP, respectively. Also reflects the $19,485 of economic benefit
provided by the prior premiums paid under the frozen Executive Split Dollar Plan. Also reflects $8,584 for tax
preparation services and $28,050 for dividend equivalents on restricted stock.
(12) Mr. Mahoney’s salary and non-equity incentive plan compensation represent approximately 16% of his total
compensation reported in the above table.
(13) Reflects the 2006 expense associated with awards of restricted stock in 2005 and 2006 and a performance share
award in 2006.
(14) Reflects the 2006 expense associated with stock option awards in 2003, 2004, 2005 and 2006.
(15) Reflects $1,817 for Executive Life Insurance premiums, $6,347 for Long-Term Disability premiums and $1,206
for Long-Term Care premiums. Also reflects $2,200 and $40,052 that we contributed on a matching basis
pursuant to the terms of our 401(k) plan and SERP, respectively. Also reflects $4,721 for tax preparation services
and $16,500 for dividend equivalents on restricted stock.
(16) Mr. Miles’ salary and non-equity incentive plan compensation represent approximately 23% of his total
compensation reported in the above table.
(17) Reflects the 2006 expense associated with awards of restricted stock in 2004, 2005 and 2006 and a performance
share award in 2006.
(18) Reflects the 2006 expense associated with stock option awards in 2002, 2003, 2004, 2005 and 2006.
(19) Reflects $46,481 for Executive Life Insurance premiums and $1,796 for Long-Term Care premiums. Also reflects
$2,200 and $30,464 that we contributed on a matching basis pursuant to the terms of our 401(k) plan and SERP,