Staples 2014 Annual Report Download - page 56

EXECUTIVE COMPENSATION AND COMPENSATION DISCUSSION AND ANALYSIS
52 STAPLES Notice of Annual Meeting of Stockholders
(5) The Non-Equity Incentive Plan Compensation column in 2014 represents (a) amounts earned under the annual cash incentive
award and (b) amounts earned under a legacy long term cash award granted in 2013 pursuant to our Amended and Restated
Long Term Cash Plan. No annual cash incentive award was earned in 2013. NEOs no longer receive long term cash awards.
The table below provides additional information about the amounts earned in 2014 under our non-equity incentive plans:
NEO
Annual Incentive Plan
($)
Legacy Long Term Cash Award
($)
Ronald L. Sargent $1,634,526 $956,951
Christine T. Komola $425,045 $70,302
Joseph G. Doody $502,803 $252,385
Demos Parneros $514,069 $252,385
John Wilson $495,292 −
(6) The All Other Compensation column represents the following amounts, as applicable for each NEO:
• Contributions made on a matching basis pursuant to the terms of our 401(k) plan and SERP.
• Dividend equivalents paid on shares of restricted stock granted prior to January 2009.
• Premiums paid under our executive life insurance and long-term disability plans, reimbursement of taxes owed with respect to
such premiums, and premiums paid under our long-term care plan. In fiscal year 2014, annual premiums paid under our executive
life insurance plan for Mr. Sargent, Ms. Komola, Mr. Doody and Mr. Parneros were $100,000, $19,304, $50,000 and $30,000,
respectively. There was no annual premium paid for Mr. Wilson in 2014. Mr. Wilson’s’ life insurance coverage is in the form of Death
Benefit Only, providing for Staples to pay his beneficiary upon his death. In fiscal year 2014, annual premiums paid under our long-term
disability plans for Messrs. Sargent and Parneros were $16,836 and $3,570, respectively.
• Tax preparation services.
• Executive physical and registry program.
• Cash payments described in the “All Other Compensation” table below.
All Other Compensation
The table below sets forth the dollar amounts that we paid for each applicable item listed above.
401(k)
($)
SERP
($)
Dividend
Equivalents
($)
Executive Life
Insurance
($)
Long-Term

($)
Long-Term
Care
($)
Tax
Services
($) (1)
Physical
($)
Cash
Payments
($) (1)
Ronald L. Sargent
2014 2,600 50,625 189,215 31,856 1,555 50,000
2013 2,550 49,741 189,394 33,200 1,555 50,000
2012 2,500 76,715 5,037 171,527 28,878 1,555 50,000
Christine T. Komola
2014 2,600 23,100 28,620 1,022 1,050 2,750
2013 2,550 20,367 28,677 1,022 1,025
2012 2,500 18,760 28,264 1,022 1,326 2,650 3,702
Joseph G. Doody
2014 2,600 27,076 79,327 1,796 5,000
2013 2,550 25,903 103,484 1,796 5,000 2,750
2012 2,500 35,837 1,526 73,206 1,796 5,000 2,650
Demos Parneros
2014 2,600 27,611 44,477 5,292 1,206 5,000
2013 2,550 25,903 56,818 7,021 1,206 5,000
2012 2,500 34,879 51,458 6,157 1,206 5,000 28,474
John Wilson 2014 26,720 5,064 18,200 276,741
2013 3,094 73,662
(1) The “Tax Services” and “Cash Payments” columns for 2014 includes payments made to or on behalf of Mr. Wilson as a direct
result of his expatriate assignment from the U.S. to the Netherlands. The total shown for tax services is the actual cost of
Mr. Wilson’s tax preparation services. The total shown for the cash payments includes cost of secondary housing while on
assignment, a cost of living differential allowance, school fees, automobile and home leave costs. Amounts increased in 2014
over 2013 due to the move of Mr. Wilson’s family to the Netherlands.