Big Lots 2007 Annual Report Download - page 54
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- 40 -
Steven S. Fishman
The following table reflects the payments that would have been due to Mr. Fishman in the event of a change in
control or the termination of his employment on February 2, 2008.
Event Occurring at February 2, 2008
Involuntary
Termination
with
Cause
Involuntary
Termination
without
Cause
Voluntary
Termination
Termination
upon
Disability
Termination
upon
Death
Termination
in Connection
with a Change
in Control
Change in
Control
(without
termination)
Salary/Salary Continuation ($) — 2,050,000 — 512,500 — 2,050,000 —
Non-Equity Incentive Plan
Compensation ($) — 1,810,765 — 1,810,765 1,810,765 4,100,000 —
Healthcare Coverage ($) — 43,680 — 7,431 — 43,680 —
Long-Term Disability Benefit ($) — — — 25,000 — — —
Use of Automobile/Automobile
Allowance ($) — 21,972 — — — — —
Accelerated Equity Awards ($) — — — — — 4,496,250 4,496,250
Excise Tax Benefit ($) — — — — — 0 0
Joe R. Cooper
The following table reflects the payments that would have been due to Mr. Cooper in the event of a change in
control or the termination of his employment with us on February 2, 2008.
Event Occurring at February 2, 2008
Involuntary
Termination
with
Cause
Involuntary
Termination
without
Cause
Voluntary
Termination
Termination
upon
Disability
Termination
upon
Death
Termination
in Connection
with a Change
in Control
Change in
Control
(without
termination)
Salary/Salary Continuation ($) — 400,000 — 200,000 — 800,000 —
Non-Equity Incentive Plan
Compensation ($) — 353,320 — 353,320 353,320 800,000 —
Healthcare Coverage ($) — 35,298 — 12,010 — 70,595 —
Long-Term Disability Benefit ($) — — — 22,333 — — —
Use of Automobile/Automobile
Allowance ($) — 13,200 — — — — —
Accelerated Equity Awards ($) — — — — — 368,013 368,013
Excise Tax Benefit ($) — — — — — 0 0