Big Lots 2014 Annual Report Download - page 49

- 37 -
Grants of Plan-Based Awards in Fiscal 2014
The following table sets forth each award made to our named executive officers in fiscal 2014 under the 2006
Bonus Plan and the 2012 LTIP.
Name
Grant
Date
(1)
Award
Date
(2)
Estimated Possible Payouts
Under Non-Equity Incentive
Plan Awards
(3)
Estimated Future Payouts
Under Equity Incentive
Plan Awards
(4)
All Other
Stock
Awards:
Number
of Shares
of Stock
or Units
(#)(5)
All Other
Option
Awards:
Number of
Securities
Underlying
Options
(#)
Exercise
or Base
Price of
Option
Awards
($/Sh.)
Grant
Date Fair
Value of
Stock and
Option
Awards
($/Shr.)(6)
Threshold Target Maximum Threshold Target Maximum
($) ($) ($) (#) (#) (#)
(a) (b) - (c) (d) (e) (f) (g) (h) (i) (j) (k) (l)
Mr. Campisi — — 522,500 1,045,000 2,090,000 — — — — — — —
3/11/14 3/7/14 — — — 52,212 104,424 156,636 — — — 3,875,175
3/11/14 3/7/14 69,616 2,583,450
Mr. Johnson — — 153,000 306,000 612,000 — — — — — — —
3/11/14 3/7/14 — — — 11,503 23,006 34,509 — — — 853,753
3/11/14 3/7/14 — — — — — — 15,338 569,193
Ms. Bachmann — — 195,000 390,000 780,000 — — — — — — —
3/11/14 3/7/14 — — — 15,297 30,593 45,890 — — — 1,135,306
3/11/14 3/7/14 — — — — — — 20,396 756,896
Mr. Chene — — 150,000 300,000 600,000 — — — — — — —
3/11/14 3/7/14 — — — 10,878 21,755 32,633 — — — 807,328
3/11/14 3/7/14 — — — — — — 14,504 538,243
Mr. Schlonsky — — 102,500 205,000 410,000 — — — — — — —
3/11/14 3/7/14 — — — 7,139 14,277 21,416 — — — 529,819
3/11/14 3/7/14 — — — — — — 9,518 353,213
(1) As discussed in the “Compensation Policies & Practices – Equity Grant Timing” section of the CD&A,
in fiscal 2014, the Board set the grant date/issuance date of these equity awards as the second trading day
following our release of results from our last completed fiscal year. This future date was established to allow
the market to absorb and react to our release of material non-public information, and to avoid any suggestion
that the Board, the Compensation Committee or any employee manipulated the terms or timing of the
equity awards.
(2) The Award Date represents the date on which the Board authorized the equity-based award and set the
grant date.
(3) The amounts in columns (c), (d) and (e) represent our named executive officers’ threshold, target and
maximum annual incentive award levels, respectively, for fiscal 2014 pursuant to the 2006 Bonus Plan,
which annual incentive award levels are further described in the “Elements of our Executive Compensation
for Fiscal 2014 – Annual Incentive Award for Fiscal 2014” section of the CD&A. For fiscal 2014, our named
executive officers earned an annual incentive award under the 2006 Bonus Plan, as reflected in column (g) of
the Summary Compensation Table.
(4) The amounts in columns (f), (g) and (h) represent the threshold, target and maximum number of PSUs
awarded pursuant to the 2012 LTIP that each named executive officer is eligible to earn depending on the
level of achievement of the applicable performance metrics over the three-year performance period. For more
information on PSUs, see the narrative preceding this table and the “Elements of our Executive Compensation
for Fiscal 2014 – Equity for Fiscal 2014” section of the CD&A.
(5) The amounts in column (i) represent RSUs awarded pursuant to the 2012 LTIP, which awards are described in
the narrative preceding this table and the “Elements of our Executive Compensation for Fiscal 2014 – Equity
for Fiscal 2014” section of the CD&A.
(6) This column represents the full grant date fair value of the RSUs and the fair value on issuance date of the
PSUs (at target) granted to each of our named executive officers, as calculated in accordance with ASC 718.