Big Lots 2008 Annual Report Download - page 58

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- 45 -
• The amounts in the “Accelerated Equity Awards” row in the tables below include the value of all
unvested stock options that were in-the-money at the end of fiscal 2008 (minus the aggregate stock
option exercise prices) and all unvested restricted stock that would have vested on an accelerated basis
had a change in control occurred as the end of fiscal 2008. These amounts do not reflect any equity
awards that have vested or have been granted in fiscal 2009. The closing market price of our common
shares on the final trading day on the NYSE during fiscal 2008 was $13.45 per share.
Steven S. Fishman
The following table reflects the payments that would have been due to Mr. Fishman in the event of a change in
control or the termination of his employment on January 31, 2009.
Event Occurring at January 31, 2009
Involuntary
Termination
with
Cause
Involuntary
Termination
without
Cause
Voluntary
Termination
Termination
upon
Disability
Termination
upon
Death
Termination
in Connection
with a Change
in Control
Change in
Control
(without
termination)
Salary/Salary Continuation ($) — 2,400,000 — — — 2,400,000 —
Non-Equity Incentive Plan
Compensation ($) — 2,353,560 — 2,353,560 2,353,560 4,800,000 —
Healthcare Coverage ($) — 48,730 — — — 48,730 —
Long-Term Disability Benefit ($) — — — 25,000 — — —
Use of Automobile/Automobile
Allowance ($) — 42,238 — — — — —
Accelerated Equity Awards ($) — — — — — 4,262,000 4,262,000
Excise Tax Benefit ($) — — — — — 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 January 31, 2009.
Event Occurring at January 31, 2009
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 ($) — 440,000 — — — 880,000 —
Non-Equity Incentive Plan
Compensation ($) — 517,792 — 517,792 517,792 1,056,000 —
Healthcare Coverage ($) — 82,280 — — — 82,280 —
Long-Term Disability Benefit ($) — — — 24,567 — — —
Use of Automobile/Automobile
Allowance ($) — 13,200 — — — — —
Accelerated Equity Awards ($) — — — — — 402,883 402,883
Excise Tax Benefit ($) — — — — — 0 0