AutoZone 2008 Annual Report Download - page 21

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fees, which were required to be paid in stock or Stock Units, are included in the amounts in the “Stock
Awards” column.
(3) The “Stock Awards” column represents the dollar amounts recognized for financial statement reporting
purposes in accordance with SFAS 123(R) for awards of common stock under the Director Compensation
Plan during fiscal 2008, and awards of common stock and Stock Units under the Director Compensation
Plan and its predecessor, the 1998 Director Compensation Plan, prior to fiscal 2008. See Note B, Share-
Based Compensation, to our consolidated financial statements in our 2008 Annual Report for a discussion
of our accounting for share-based awards and the assumptions used. The aggregate number of outstanding
Stock Units held by each director and the grant date fair value of each stock award made during fiscal
2008 are shown in the following footnote 4. See “Security Ownership of Management” on page 16 for
more information about our directors’ stock ownership.
(4) The “Option Awards” column represents the dollar amounts recognized for financial statement reporting
purposes in accordance with SFAS 123(R) for stock options awarded under the AutoZone, Inc. 2003 Direc-
tor Stock Option Plan and its predecessor, the 1998 Director Stock Option Plan. It includes amounts from
awards granted in and prior to fiscal 2008. See Note B, Share-Based Compensation, to our consolidated
financial statements in our 2008 Annual Report for a discussion of our accounting for share-based awards
and the assumptions used. As of August 30, 2008, each non-employee director had the following aggregate
number of outstanding Stock Units and stock options:
Director
Stock
Units
(#)
Stock
Options*
(#)
William C. Crowley .............................................. — 3,526
Charles M. Elson ................................................ 3,162 27,608
SueE.Gove ................................................... 280 8,215
Earl G. Graves, Jr. ............................................... 2,748 16,282
Robert R. Grusky ................................................ — 3,526
N. Gerry House ................................................. 4,662 27,500
J. R. Hyde, III................................................... 6,896 24,000
W. Andrew McKenna ............................................. 4,247 27,955
George R. Mrkonic, Jr. ............................................ 797 9,857
Luis P. Nieto.................................................... — —
Theodore W. Ullyot .............................................. 633 6,078
* Includes vested and unvested stock options. Does not include 3,412 options that were awarded to
Mr. Nieto upon his appointment to the Board in September 2008.
11
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