Big Lots 2009 Annual Report Download - page 27
Download and view the complete annual report
Please find page 27 of the 2009 Big Lots annual report below. You can navigate through the pages in the report by either clicking on the pages listed below, or by using the keyword search tool below to find specific information within the annual report.-
1 -
2
-
3
-
4
-
5
-
6
-
7
-
8
-
9
-
10
-
11
-
12
-
13
-
14
-
15
-
16
-
17 -
18 -
19 -
20 -
21 -
22 -
23 -
24 -
25 -
26 -
27 -
28 -
29 -
30 -
31 -
32 -
33 -
34 -
35 -
36 -
37 -
38
-
39
-
40
-
41
-
42
-
43
-
44
-
45
-
46
-
47
-
48
-
49
-
50
-
51
-
52
-
53
-
54
-
55
-
56
-
57
-
58
-
59
-
60
-
61
-
62
-
63
-
64
-
65
-
66
-
67
-
68
-
69
-
70
-
71
-
72
-
73
-
74
-
75
-
76
-
77
-
78
-
79
-
80
-
81
-
82
-
83
-
84
-
85
-
86
-
87
-
88
-
89
-
90
-
91
-
92
-
93
-
94
-
95
-
96
-
97
-
98
-
99
-
100
-
101
-
102
-
103
-
104
-
105
-
106
-
107
-
108
-
109
-
110
-
111
-
112
-
113
-
114
-
115
-
116
-
117
-
118
-
119
-
120
-
121
-
122
-
123
-
124
-
125
-
126
-
127
-
128
-
129
-
130
-
131
-
132
-
133
-
134
-
135
-
136
-
137
-
138
-
139
-
140
-
141
-
142
-
143
-
144
-
145
-
146
-
147
-
148
-
149
-
150
-
151
-
152
-
153
-
154
-
155
-
156
-
157
-
158
-
159
-
160
-
161
-
162
-
163
-
164
-
165
-
166
-
167
-
168
-
169
-
170
-
171
-
172
-
173
-
174
-
175
-
176
-
177
-
178
-
179
-
180
-
181
-
182
-
183
-
184
-
185
-
186
-
187
-
188
-
189
-
190
-
191
-
192
-
193
-
194
-
195
-
196
-
197
-
198
-
199
-
200
-
201
-
202
-
203
-
204
-
205
-
206
 |
 |
- 12 -
Director Compensation Table for Fiscal 2009
The following table summarizes the compensation earned by each outside director for his or her Board service in
fiscal 2009.
Name
(a)
Fees Earned
or
Paid in Cash
($)
(b)
Stock
Awards
($)(1)(2)
(c)
Option
Awards
($)(3)
(d)
Non-Equity
Incentive Plan
Compensation
($)
(e)
Change in
Pension
Value and
Nonqualified
Deferred
Compensation
Earnings
($)
(f)
All
Other
Compensation
($)(4)
(g)
Total
($)
(h)
Mr. Berger 61,000 74,998 — — — 10,000 145,998
Mr. Hayes 51,500 74,998 — — — 10,000 136,498
Mr. Kollat 64,000 74,998 — — — 10,000 148,998
Ms. Lauderback 54,000 74,998 — — — 10,000 138,998
Mr. Mallott 73,500 74,998 — — — 10,000 158,498
Mr. Solt 63,250 74,998 — — — 10,000 148,248
Mr. Tener 56,250 74,998 — — — 10,000 141,248
Mr. Tishkoff 66,250 74,998 — — — 10,000 151,248
(1) Amounts in this column reflect the aggregate grant date fair value of the restricted stock awards granted to
the outside directors in fiscal 2009 as computed in accordance with Financial Accounting Standards Board
Accounting Standards Codification Topic 718 (“ASC 718”), excluding the effect of any estimated forfeitures.
The full grant date fair value of the fiscal 2009 restricted stock award granted to each outside director, as
computed in accordance with ASC 718, was based on individual awards of 3,186 common shares at a per
common share value of $23.54 on the grant date (i.e., $74,998 per outside director). In accordance with ASC
718 and the 2005 Incentive Plan, the per common share grant date value is the average of the opening price
and the closing price of our common shares on the NYSE on the grant date.
(2) As of January 30, 2010, each individual included in the table held 3,186 shares of restricted stock.
(3) Prior to fiscal 2008, the outside directors received an annual stock option award under the Big Lots, Inc.
Amended and Restated Director Stock Option Plan (“DSO Plan”). The DSO Plan was terminated on May 30,
2008 and no stock option awards were granted to any outside directors in fiscal 2009. As of January 30, 2010,
each individual included in the table held stock options to purchase the following number of common shares:
Mr. Berger: 20,000; Mr. Hayes: 0; Mr. Kollat: 70,000; Ms. Lauderback: 40,000; Mr. Mallott: 39,500; Mr. Solt:
22,000; Mr. Tener: 20,000; and Mr. Tishkoff: 24,000.
(4) Amounts in this column reflect payments made by us during fiscal 2009 to charitable organizations
nominated by the specified directors pursuant to the Big Lots, Inc. Non-Employee Director Compensation
Package.