Big Lots 2011 Annual Report Download - page 60

- 46 -
At the subsequent Board meeting, the Committee recommended, and the outside directors approved, the
following fiscal 2012 salaries, payout percentages for the target bonus level (with floor being one-half of the
target payout percentage and stretch being double the target payout percentage) and equity awards for our named
executive officers:
Name
Fiscal 2012
Salary
($)
Fiscal 2012
Target Bonus
Payout Percentage
(%)
Common Shares Underlying
Stock Option Award
(#)
Common Shares Underlying
Restricted Stock Award
(#)
Mr. Fishman 1,400,000 120 0 240,000
Mr. Cooper 565,000 60 40,000 30,000
Ms. Bachmann 565,000 60 40,000 30,000
Mr. Haubiel 465,000 60 40,000 30,000
Mr. Martin 590,000 60 40,000 30,000
Summary Compensation Table for 2011
The following table sets forth the compensation earned by or paid to our named executive officers (Mr. Fishman,
our CEO; Mr. Cooper, our Chief Financial Officer; and each of our three other most highly compensated executive
officers in fiscal 2011) for each of the last three fiscal years.
Name and
Principal Position (1) Year Salary ($) Bonus ($)
Stock
Awards
($)(2)
Option
Awards
($)(3)
Non-Equity
Incentive Plan
Compensation
($)(4)
Change in
Pension Value
and Nonqualified
Deferred
Compensation
Earnings
($)
All Other
Compensation
($)(5)(6)
Total
($)(7)
(a) (b) (c) (d) (e) (f) (g) (h) (i) (j)
Steven S. Fishman,
Chairman, Chief Executive
Officer and President
2011 1,400,000 — 10,280,000 — — — 244,662 11,924,662
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
Joe R. Cooper,
Executive Vice President
and Chief Financial Officer
and President, Big Lots
Canada, Inc.
2011 529,615 — 1,233,600 582,000 — — 32,884 2,378,099
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
Lisa M. Bachmann,
Executive Vice President,
Supply Chain Management and
Chief Information Officer
2011 529,615 — 1,233,600 582,000 — — 33,887 2,379,102
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
Charles W. Haubiel II,
Executive Vice President,
Legal and Real Estate, General
Counsel and Corporate
Secretary (8)
2011 436,154 — 1,233,600 582,000 — — 26,156 2,277,910
2010 405,000 — 718,400 615,150 410,526 — 29,211 2,178,287
John C. Martin,
Executive Vice President,
Administration (9)
2011 571,154 — 1,028,000 509,250 — — 64,273 2,172,677
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
(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.