Best Buy 2009 Annual Report Download - page 50

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trading day in fiscal 2009. The following table summarizes the potential value of long-term incentive awards for each
named executive officer under various scenarios:
Termination
Following
Change-in- Death or
Name Involuntary(1) Voluntary(2) Control(3) Disability(4) Retirement(5)
Bradbury H. Anderson Stock options $ 3,441,038 $ 3,441,038 $ 3,441,038 $ 3,441,038
Stock awards 2,736,920 2,736,920 2,736,920
Total $ 3,441,038 $ 6,177,958 $ 6,177,958 $ 6,177,958
James L. Muehlbauer Stock options $ 72,825 $ 228,025 $ 228,025 $ 228,025
Stock awards 7,804,588 7,804,588 7,354,576
Total $ 72,825 $ 8,032,613 $ 8,032,613 $ 7,582,601
Brian J. Dunn Stock options $ 674,628 $ 942,348 $ 942,348 $ 942,348
Stock awards 16,152,745 16,152,745 16,152,745
Total — $ 674,628 $17,095,093 $17,095,093 $17,095,093
Robert A. Willett Stock options $ $ 214,370 $ 214,370 $ 214,370
Stock awards 19,834,299 19,834,299 16,842,206
Total — $ — $20,048,669 $20,048,669 $17,056,576
Shari L. Ballard Stock options $ $ 128,525 $ 128,525 $ 128,525
Stock awards 8,166,262 8,166,262 8,166,262
Total $ $ 8,294,787 $ 8,294,787 $ 8,294,787
David J. Morrish(6) Stock options $ $ $ $
Stock awards —————
Total — $ — $ — $ — $
(1) All stock options and unvested stock awards are immediately and irrevocably forfeited upon involuntary termination.
(2) Upon voluntary termination: (i) stock options that are vested as of the date of termination may be exercised during a 60-day
period beginning on the termination date and (ii) all unvested stock options and stock awards are immediately and irrevocably
forfeited as of the date of termination.
(3) Upon involuntary termination or termination for good reason within 12 months following a change-in-control: (i) stock options
vest 100% and may generally be exercised until their natural dates of expiration and (ii) stock awards with performance-based
vesting criteria will vest as if 100% of the target shares had been earned.
(4) Upon death or disability: (i) stock options vest 100% and may generally be exercised for a period of one year and (ii) stock
awards with performance-based vesting criteria will vest as if 100% of the target shares had been earned.
(5) Upon qualified retirement: (i) stock options vest 100% and may generally be exercised for a period of one year; (ii) stock awards
with performance-based vesting criteria will vest as if 100% of the target shares had been earned, except that in some cases,
stock awards with performance-based vesting criteria will be earned at the end of the performance measurement period, based
on the level of performance achieved; and (iii) stock awards with time-based vesting criteria will either vest 100% or will be
irrevocably forfeited, depending on the terms and conditions of the respective award agreement.
(6) Mr. Morrish voluntarily terminated employment with us on February 28, 2009. The value realized prior to his termination of
employment pursuant to equity-based incentive awards granted under our LTIP is described in Options Exercised and Stock
Vested on page 47.
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