AutoZone 2011 Annual Report Download - page 57

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Proxy
The following table shows the amounts that the Named Executive Officers would have received if their
employment had been terminated under specified circumstances on August 27, 2011. This table does not include
amounts related to the Named Executive Officers’ vested benefits under our deferred compensation and pension
plans or pursuant to stock option awards, all of which are described in the tables above.
Name
Voluntary or
For Cause
Termination
($)
Involuntary
Termination Not
For Cause
($)
Change in
Control
($)
Disability
($)
Death
($)
Normal
Retirement
($)
William C. Rhodes, III(1)
Severance Pay . . . . . . . . . . . . . . . . . — 2,990,000 — — — —
Annual Incentive . . . . . . . . . . . . . . . — 2,009,424 — 2,009,424 2,009,424 2,009,424
Benefits Continuation . . . . . . . . . . . — 11,208 — — 2,345 —
Unvested Stock Options . . . . . . . . . — — — — 9,581,233 —
Unvested Stock Awards . . . . . . . . . — 49,413 — 49,413 49,413 49,413
Disability Benefits . . . . . . . . . . . . . . — — — 6,960,000 — —
Life Insurance Benefits . . . . . . . . . . — — — — 5,000,000 —
Total ........................ — 5,060,045 —9,018,837 16,642,415 2,058,837
William T. Giles(2)
Severance Pay . . . . . . . . . . . . . . . . . — 980,000 — — — —
Annual Incentive . . . . . . . . . . . . . . . — 740,683 — 740,683 740,683 740,683
Benefits Continuation . . . . . . . . . . . — 12,663 — — 2,345 —
Unvested Stock Options . . . . . . . . . — — — — 5,604,377 —
Unvested Stock Awards . . . . . . . . . — 8,437 — 8,437 8,437 8,437
Disability Benefits . . . . . . . . . . . . . . — — — 4,920,000 — —
Life Insurance Benefits . . . . . . . . . . — — — — 2,166,000 —
Total ........................ — 1,741,783 —5,669,120 8,521,842 749,120
Robert D. Olsen(3)
Salary Continuation . . . . . . . . . . . . . — 377,000 — — — —
Annual Incentive . . . . . . . . . . . . . . . — 455,813 — 455,813 455,813 455,813
Benefits Continuation . . . . . . . . . . . — 14,265 — — 2,345 —
Unvested Stock Options . . . . . . . . . — 3,029,905 — — 3,029,905 —
Unvested Stock Awards . . . . . . . . . — 1,446,240 — 1,446,240 1,446,240 —
Disability Benefits . . . . . . . . . . . . . . — — — 2,610,000 — —
Life Insurance Benefits . . . . . . . . . . — — — — 1,514,000 —
Total ........................ — 5,323,223 —4,512,053 6,448,303 455,813
Harry L. Goldsmith(3)
Salary Continuation . . . . . . . . . . . . . — 1,236,000 — — — —
Annual Incentive . . . . . . . . . . . . . . . — 622,922 — 622,922 622,922 622,922
Benefits Continuation . . . . . . . . . . . — 28,142 — — 2,424 —
Unvested Stock Options . . . . . . . . . — 5,129,770 — — 5,129,770 —
Unvested Stock Awards . . . . . . . . . — 3,917 — 3,917 3,917 3,917
Disability Benefits . . . . . . . . . . . . . . — — — 2,040,000 — —
Life Insurance Benefits . . . . . . . . . . — — — — 1,824,000 —
Total ........................ — 7,020,751 —2,666,839 7,583,033 626,839
Larry M. Roesel(2)
Severance Pay . . . . . . . . . . . . . . . . . — 585,000 — — — —
Annual Incentive . . . . . . . . . . . . . . . — 471,514 — 471,514 471,514 471,514
Benefits Continuation . . . . . . . . . . . — 11,208 — — 2,345 —
Unvested Stock Options . . . . . . . . . — — — — 4,453,800 —
Disability Benefits . . . . . . . . . . . . . . — — — 4,170,000 — —
Life Insurance Benefits . . . . . . . . . . — — — — 1,000,000 —
Total ........................ — 1,067,722 —4,641,514 5,927,659 471,514
47