Big Lots 2014 Annual Report Download - page 59
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- 47 -
David J. Campisi
The following table reflects the payments that would have been due to Mr. Campisi in the event of a change in
control and/or the termination of his employment on January 31, 2015.
Event Occurring at January 31, 2015
Involuntary
Termination
with
Cause
Involuntary
Termination
without
Cause
Voluntary
Termination
Termination
upon
Disability
Termination
upon
Death
Termination
in Connection
with a Change
in Control
Change in
Control
(without
termination)
Salary/Salary Continuation ($) — 1,900,000 — — — 1,900,000 —
Non-Equity Incentive Plan
Compensation ($) — 1,149,690 — 1,149,690 1,149,690 4,180,000 —
Healthcare Coverage ($) — 72,240 — — — 72,240 —
Long-Term Disability Benefit ($) — — — 25,000 — — —
Outplacement Benefits ($) — 40,000 — — — — —
Accelerated Equity Awards ($) — 1,571,413 — 3,355,652 3,355,652 11,172,646 11,172,646
Excise Tax Benefit ($) — — — — —
Total ($) — 4,733,343 — 4,530,342 4,505,342 17,324,886 11,172,646
Timothy J. Johnson
The following table reflects the payments that would have been due to Mr. Johnson in the event of a change in
control and/or the termination of his employment with us on January 31, 2015.
Event Occurring at January 31, 2015
Involuntary
Termination
with
Cause
Involuntary
Termination
without
Cause
Voluntary
Termination
Termination
upon
Disability
Termination
upon
Death
Termination
in Connection
with a Change
in Control
Change in
Control
(without
termination)
Salary/Salary Continuation ($) — 1,020,000 — — — 1,020,000 —
Non-Equity Incentive Plan
Compensation ($) — 336,651 — 336,651 336,651 1,224,000 —
Healthcare Coverage ($) — 72,240 — — — 36,120 —
Long-Term Disability Benefit ($) — — — 25,000 — — —
Outplacement Benefits ($) — 25,000 — — — — —
Accelerated Equity Awards ($) — 1,828,917 — 2,026,830 2,026,830 5,447,653 5,447,653
Excise Tax Benefit ($) — — — — — 2,061,192 —
Total ($) — 3,282,808 — 2,388,481 2,363,481 9,788,965 5,447,653
Lisa M. Bachmann
The following table reflects the payments that would have been due to Ms. Bachmann in the event of a change in
control and/or the termination of her employment with us on January 31, 2015.
Event Occurring at January 31, 2015
Involuntary
Termination
with
Cause
Involuntary
Termination
without
Cause
Voluntary
Termination
Termination
upon
Disability
Termination
upon
Death
Termination
in Connection
with a Change
in Control
Change in
Control
(without
termination)
Salary/Salary Continuation ($) — 1,300,000 — — — 1,300,000 —
Non-Equity Incentive Plan
Compensation ($) — 429,065 — 429,065 429,065 1,560,000 —
Healthcare Coverage ($) — 72,240 — — — 72,240 —
Long-Term Disability Benefit ($) — — — 25,000 — — —
Outplacement Benefits ($) — 25,000 — — — — —
Accelerated Equity Awards ($) — 2,707,012 — 2,723,395 2,723,395 6,939,509 6,939,509
Excise Tax Benefit ($) — — — — — — —
Total ($) — 4,533,317 — 3,177,460 3,152,460 9,871,749 6,939,509