Big Lots 2013 Annual Report Download - page 34

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Plan Benefits
Future benefits under the 2012 LTIP are not currently determinable. The Committee has discretionary authority to
grant Awards pursuant to the 2012 LTIP which does not contain any provision for automatic grants.
In accordance with the rules of the SEC, the following table sets forth all of the stock options granted to each
of our named executive officers and the groups identified below since the adoption of the 2012 LTIP through
February 1, 2014:
Name of Individual or
Identity of Group and Position
Number of
Options (1)
Number of
Shares of Restricted
Stock (2)
Number of
Performance
Share Units (3)
David J. Campisi,
Chief Executive Officer and President 115,500 37,800 37,800
Timothy A. Johnson,
Executive Vice President, Chief Financial Officer 45,000 54,500 —
Lisa M. Bachmann,
Executive Vice President, Chief Operating Officer 40,000 51,500 —
Joe R. Cooper,
Executive Vice President and President, Big Lots Canada, Inc. 40,000 43,500 —
Carlos V. Rodriguez,
Senior Vice President, Distribution and Transportation Services 40,000 20,000 —
Steven S. Fishman,
Former Chief Executive Officer and President 0 0 —
Charles W. Haubiel II,
Former Executive Vice President, Chief Administrative Officer,
General Counsel and Corporate Secretary 40,000 49,000 —
John C. Martin,
Former Executive Vice President, Chief Merchandising Officer 40,000 30,000 —
All current executive officers, as a group (14 persons) 435,000 277,100 37,800
All current directors who are not executive officers,
as a group (8 directors) 0 0 —
Each nominee for election as a director 115,000 37,800 37,800
Each associate of any of such directors,
executive officers or nominees 0 0 —
Each other person who received or is to receive
5 percent of awards under plan 0 0 —
All employees, including all current officers who are
not executive officers, as a group 804,000 200,900 —
(1) All of these stock options: (a) were granted with an exercise price equal to the fair market value of our common
shares on the date of grant; (b) have exercise prices ranging from $27.68 to $40.62 (with a weighted average
exercise price of $35.82); and (c) have a seven-year term and expire between June 4, 2019 and January 13, 2021.
All of these stock options vest and become exercisable over a four-year period in 25% increments beginning on
the first anniversary of the grant date, subject to the recipient’s continued employment with us on the applicable
vesting date. As of February 1, 2014, the closing price of our common shares on the NYSE was $26.79.
(2) All of these shares of restricted stock, other than the Retention Awards and the restricted stock awarded to
outside directors, vest upon attaining the first trigger and the first to occur of (a) attaining the second trigger;
(b) the lapsing of five years after the grant date while continuously employed; or (c) the grantee’s death or
disability (which results in the vesting of a prorated portion of the award).
The Compensation Committee granted Retention Awards under the 2012 LTIP to Mr. Johnson,
Ms. Bachmann, Mr. Cooper and Mr. Haubiel on April 1, 2013 consisting of 9,500, 21,500, 13,500 and 19,000
shares of restricted stock, respectively. Each Retention Award will vest and be transferred to the named
executive officer without restriction on the earlier of: (a) the first trading day that is 18 months following