WeightWatchers 2004 Annual Report Download - page 50

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Item 11. Executive Compensation
The following table sets forth for the fiscal years ended January 1, 2005, January 3, 2004 and
December 28, 2002 the compensation paid to our President and Chief Executive Officer and to each of
the next four most highly compensated executive officers whose total annual salary and bonus was in
excess of $100,000.
Summary Compensation Table
Long-Term
Compensation
Twelve Month Awards(6)
Period Restricted Securities
Compensation
Twelve Months Stock Underlying All Other
Name and principal position Ended Salary Bonus Awards($) Options(#) Compensation(5)
Linda Huett .................... January 1, 2005 $510,227 — — 160,000 $57,476
President and January 3, 2004 $301,868 $197,000 — 40,000 $65,509
Chief Executive Officer December 28, 2002 $281,076 $399,421 — — $55,907
Ann M. Sardini(1) ................ January 1, 2005 $304,219 $ 49,148 — 20,000 $47,936
Chief Financial Officer January 3, 2004 $245,662 $161,000 — 20,000 $44,844
December 28, 2002 $155,488 $152,932 — 100,000 $59,215
Thilo Semmelbauer(2) ............. January 1, 2005 $202,902 $128,255 — 100,000 $18,315
Chief Operating Officer, January 3, 2004 — — — — —
NACO December 28, 2002 — — — — —
Melanie Stubbing(3) ............... January 1, 2005 $238,486 $119,243 — 10,000 $40,286
Vice President of Operations, January 3, 2004 $ 19,024 — $108,030 47,000 $ 3,213
United Kingdom December 28, 2002 — — — — —
Maurice Kelly(4) ................. January 1, 2005 $238,486 $119,423 — 10,000 $18,822
Vice President of Strategy and Operations, January 3, 2004 $ 41,637 — — 50,000 $ 3,286
Continental Europe December 28, 2002 — — — — —
(1) Ms. Sardini joined us on April 25, 2002 and therefore her compensation for 2002 only includes approximately eight months.
(2) Mr. Semmelbauer joined us on March 29, 2004, and therefore his compensation for 2004 only includes approximately nine
months.
(3) Ms. Stubbing joined us on December 1, 2003, and therefore her compensation for 2003 only includes approximately one
month.
(4) Mr. Kelly joined us on October 27, 2003, and therefore his compensation for 2003 includes only approximately two months.
Mr. Kelly resigned as an executive officer effective January 31, 2005.
(5) For the fiscal year ended January 1, 2005, these figures include amounts contributed under our 401(k) savings plan and our
non-qualified executive profit sharing plan of $48,824 for Ms. Huett, $31,746 for Ms. Sardini, and $9,515 for
Mr. Semmelbauer. Also included are contributions to the U.K. Pension Plan of $21,464 for Ms. Stubbing and $0 for
Mr. Kelly, as well as auto lease expense for named executives.
(6) The securities underlying all restricted stock and option awards are shares of Weight Watchers International common stock.
In May 2004 and December 1999, respectively, our stockholders approved our 2004 Stock Incentive
Plan (the ‘‘2004 Plan’’) and our 1999 Stock Purchase and Option Plan (the ‘‘1999 Plan’’) under which
selected employees are afforded the opportunity to purchase shares of our common stock and/or were
granted options to purchase shares of our common stock. The number of shares available for grant
under the 2004 Plan and the 1999 Plan is 2,500,000 shares and 7,058,040 shares, respectively, of our
authorized common stock.
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