WeightWatchers 2005 Annual Report Download - page 64

Item 11. Executive Compensation
The following table sets forth for fiscal 2005, 2004 and 2003 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 $100,000.
Summary Compensation Table
Long-Term
Compensation
Awards(5)
Twelve Month Period Restricted Securities
Compensation
Twelve Months Stock Underlying All Other
Name and principal position Ended Salary Bonus(4) Awards($)(6) Options(#) Compensation(7)
Linda Huett ........... December 31, 2005 $ 532,052 — — — $ 53,109
President and January 1, 2005 $ 510,227 — — 160,000 $ 57,476
Chief Executive Officer January 3, 2004 $ 301,868 $ 197,000 — 40,000 $ 65,509
Ann M. Sardini ......... December 31, 2005 $ 329,572 — $ 52,638 15,000 $ 44,588
Chief Financial Officer January 1, 2005 $ 304,219 $ 154,148 — 20,000 $ 47,936
January 3, 2004 $ 245,662 $ 161,000 — 20,000 $ 44,844
Thilo Semmelbauer(1) ..... December 31, 2005 $ 291,924 — $ 52,638 15,000 $ 29,756
Chief Operating Officer, January 1, 2005 $ 202,902 $ 128,255 — 100,000 $ 18,315
NACO January 3, 2004 — — — — $ —
Melanie Stubbing(2) ....... December 31, 2005 $ 248,294 — $ 26,319 7,500 $ 40,805
Vice President of Operations, January 1, 2005 $ 238,486 $ 119,243 — 10,000 $ 40,286
United Kingdom January 3, 2004 $ 19,024 — $ 108,030 47,000 $ 3,213
Russell Burke(3) ......... December 31, 2005 $ 232,792 — $ 157,381 20,000 $ 119,940
Vice President of Operations, January 1, 2005 $ 119,425 $ 13,140 — 25,000 $ 9,898
Australasia January 3, 2004 — — — — —
(1) Mr. Semmelbauer joined us on March 29, 2004, and therefore his compensation for fiscal 2004 only includes
approximately nine months.
(2) Ms. Stubbing joined us on December 1, 2003, and therefore her compensation for fiscal 2003 only includes
approximately one month.
(3) Mr. Burke joined us on June 9, 2004, and therefore his compensation for fiscal 2004 only includes approximately
7 months.
(4) The total amount of individual bonus earned in fiscal 2005 was not determined as of the date of this Annual Report on
Form 10-K. The total amount of individual bonus earned in fiscal 2004 for Ms. Sardini includes an amount earned with
respect to fiscal 2004 but not determined as of the date of the Annual Report on Form 10-K for fiscal 2004.
(5) The securities underlying all restricted stock unit and option awards are shares of our common stock.
(6) Restricted stock awards consist solely of awards of restricted stock units.
(7) For fiscal 2005, amounts include contributions under our 401(k) savings plan and our non-qualified executive profit
sharing plan of $38,184 for Ms. Huett, $28,903 for Ms. Sardini, $16,556 for Mr. Semmelbauer and $13,039 for
Mr. Burke. Amounts also include contributions to the U.K. pension plan of $21,282 for Ms. Stubbing and
contributions to the Australian pension plan of $16,632 for Mr. Burke, as well as auto expense for the named
executives. In addition, for fiscal 2005 amounts include a moving and relocation allowance, including tax equalization
payments, of $77,667 for Mr. Burke.
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, were granted
options to purchase shares of our common stock, and/or received grants of restricted stock units. The
number of shares authorized for grant under the 2004 Plan and the 1999 Plan is 2,500,000 shares and
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