Albertsons 2008 Annual Report Download - page 48

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10,800,000 (not in millions) shares were authorized for awards under the 1997 Stock Plan. The Board of
Directors amended this plan in each of August 18, 1998, March 14, 2000 and April 10, 2002. The 1997 Stock
Plan expired on April 9, 2007 and, therefore, no further awards may be granted under the 1997 Stock Plan. Stock
options covering a total of 2,447,927 (not in millions) shares remained outstanding under the 1997 Stock Plan as
of February 23, 2008. All employees, consultants or independent contractors providing services to
SUPERVALU, other than officers or directors of SUPERVALU or any of its affiliates who are subject to
Section 16 of the Exchange Act, were eligible to participate in the 1997 Stock Plan. The Board of Directors
administers the 1997 Stock Plan and has discretion to set the terms of all awards made under the 1997 Stock
Plan, except as otherwise expressly provided in the 1997 Stock Plan. Options granted under the 1997 Stock Plan
may not have an exercise price less than 100 percent of the fair market value of SUPERVALU’s common stock
on the date of the grant. Unless the Board of Directors otherwise specifies, restricted stock and restricted stock
units will be forfeited and reacquired by SUPERVALU if an employee is terminated.
ITEM 13. CERTAIN RELATIONSHIPS AND RELATED TRANSACTIONS, AND DIRECTOR
INDEPENDENCE
The information called for by Item 13, as to director independence, is incorporated by reference to the
Company’s definitive Proxy Statement to be filed with the SEC pursuant to Regulation 14A in connection with
the Company’s 2008 Annual Meeting of Stockholders under the heading “Board Practices – Director
Independence.” The information called for by Item 13, as to related person transactions, is incorporated by
reference to the Company’s definitive Proxy Statement to be filed with the SEC pursuant to Regulation 14A in
connection with the Company’s 2008 Annual Meeting of Stockholders under the heading “Board Practices –
Policy and Procedures Regarding Transactions with Related Persons.”
ITEM 14. PRINCIPAL ACCOUNTANT FEES AND SERVICES
The information called for by Item 14 is incorporated by reference to the Company’s definitive Proxy Statement
to be filed with the SEC pursuant to Regulation 14A in connection with the Company’s 2008 Annual Meeting of
Stockholders under the heading “Independent Registered Public Accountants’ Fees.”
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