Albertsons 2011 Annual Report Download - page 74

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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 the Company’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 the Company 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 2011 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 2011 Annual Meeting of Stockholders under the heading “Board Practices–
Policy and Procedures Regarding Transactions with Related Persons.”
ITEM 14. PRINCIPAL ACCOUNTING 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 2011
Annual Meeting of Stockholders under the heading “Independent Registered Public Accountants’ Fees.”
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