Big Lots 2010 Annual Report Download - page 49

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Summary Compensation Table
The following table sets forth the compensation earned by or paid to our named executive officers (Mr. Fishman,
our CEO; Mr. Cooper, our Chief Financial Officer; and each of our three other most highly compensated executive
officers in fiscal 2010) for each of the last three fiscal years.
Name and
Principal Position (1)
(a) Year (b)
Salary
($)
(c)
Bonus
($)
(d)
Stock
Awards
($)(2)
(e)
Option
Awards
($)(3)
(f)
Non-Equity
Incentive Plan
Compensation
($)(4)
(g)
Change in
Pension Value
and Nonqualified
Deferred
Compensation
Earnings
($)
(h)
All Other
Compensation
($)(5)(6)
(i)
Total
($)(7)
(j)
Steven S. Fishman,
Chairman, Chief Executive
Officer and President
2010 1,369,231 — 8,980,000 — 2,769,816 — 275,028 13,394,075
2009 1,200,000 — 3,494,000 2,583,900 2,400,000 — 108,626 9,786,526
2008 1,173,077 — 3,474,900 2,828,100 2,353,560 — 32,625 9,862,262
Joe R. Cooper,
Executive Vice President and
Chief Financial Officer
2010 490,769 — 898,000 683,500 494,610 — 32,615 2,599,494
2009 440,000 — 349,400 381,713 528,000 — 29,380 1,728,493
2008 433,914 — 342,225 417,788 517,792 — 34,168 1,745,887
Lisa M. Bachmann,
Executive Vice President,
Supply Chain Management
and Chief Information Officer
2010 490,769 — 898,000 683,500 494,610 — 40,959 2,607,838
2009 440,000 — 349,400 381,713 528,000 — 37,709 1,736,822
2008 436,222 — 342,225 417,788 517,792 — 33,143 1,747,170
John C. Martin,
Executive Vice President,
Merchandising
2010 545,385 — 538,800 546,800 544,071 — 42,379 2,217,435
2009 520,000 — 262,050 293,625 624,000 — 32,780 1,732,455
2008 516,974 — 263,250 321,375 611,936 — 33,460 1,746,995
Charles W. Haubiel II
Executive Vice President,
Legal and Real Estate,
General Counsel and
Corporate Secretary (8)
2010 405,000 — 718,400 615,150 410,526 — 29,211 2,178,287
(1) We are a party to an employment agreement with each of our named executive officers, the material terms of
which are described in the “Overview of our Executive Compensation Program - Employment Agreements”
section of the CD&A.
(2) The amounts in this column reflect the aggregate grant date fair value of the restricted stock awards granted
under the 2005 Incentive Plan to our named executive officers in the fiscal years reported as computed in
accordance with ASC 718, excluding the effect of any estimated forfeitures. The aggregate grant date fair
value reflected in this column is based on the number of shares of restricted stock granted and the fair value
of the restricted stock on the grant date (i.e., for restricted stock granted in fiscal 2010, $35.92 per common
share – the average of the opening price and the closing price of our common shares on the NYSE on the
grant date, as determined in accordance with ASC 718 and the terms of the 2005 Incentive Plan).
(3) The amounts in this column reflect the aggregate grant date fair value of the stock option awards granted
under the 2005 Incentive Plan to our named executive officers in the fiscal years reported as computed
in accordance with ASC 718, excluding the effect of any estimated forfeitures. See Note 7 (Share-Based
Plans) to the consolidated financial statements and the Critical Accounting Policies and Estimates – Share-
Based Compensation section of Management’s Discussion and Analysis of Financial Condition and Results
of Operations (“MD&A”) in our Form 10-K regarding the assumptions underlying the valuation of stock
option awards.
(4) The amounts in this column reflect cash bonuses earned under the 2006 Bonus Plan for performance during
each of the last three fiscal years. A portion of the cash bonuses earned by Mr. Martin for fiscal 2009
performance and included in this column was deferred into the Supplemental Savings Plan upon the payment
of such amount in fiscal 2010. The Supplemental Savings Plan is described in the narrative disclosure
accompanying the Nonqualified Deferred Compensation table below.