Big Lots 2015 Annual Report Download - page 51

Summary Compensation Table for 2015
Name and
Principal Position (1) Year
Salary
($) (2)
Bonus
($)
Stock
Awards
($) (3)
Option
Awards
($) (4)
Non-Equity
Incentive Plan
Compensation
($) (5)
Change in
Pension Value
and
Nonqualified
Deferred
Compensation
Earnings
($)
All Other
Compensation
($) (6)(7)
Total
($)
(a) (b) (c) (d) (e) (f) (g) (h) (i) (j)
David J. Campisi, 2015 1,034,656 - 5,307,038 - 2,089,206 - 196,084 8,626,984
Chief Executive Officer
and President
2014 942,308 - 6,458,624 - 1,149,690 - 155,778 8,706,400
2013 678,461 - 2,714,418 1,407,945 - - 562,405 5,363,229
Timothy A. Johnson,
Executive Vice President,
Chief Administrative Officer
and Chief Financial Officer
2015 543,935 - 1,218,004 - 545,266 - 49,404 2,356,609
2014 503,846 - 1,422,946 - 336,651 - 48,043 2,311,486
2013 452,885 - 1,401,725 485,600 - - 54,229 2,394,439
Lisa M. Bachmann, 2015 694,773 - 1,552,317 - 696,851 - 57,816 3,001,757
Executive Vice President,
Chief Merchandising and
Operating Officer
2014 646,154 - 1,892,202 - 429,065 - 58,125 3,025,546
2013 620,385 - 1,818,725 485,600 - - 39,354 2,964,064
Michael A. Schlonsky, 2015 446,312 - 761,574 - 408,089 605 60,838 1,677,418
Executive Vice President,
Human Resources and
Store Operations (8)
2014 404,615 - 883,032 - 225,541 87,072 44,517 1,644,777
Andrew D. Stein,
Senior Vice President,
Chief Customer Officer (8)
2015 413,538 - 636,886 - 344,885 50,334 1,445,643
Richard J. Chene, 2015 302,156 - 1,194,074 - 298,440 - 208,634 2,003,304
Former Executive Vice
President, Chief
Merchandising
Officer (8)(9)
2014 500,000 - 1,345,571 - 330,050 - 32,744 2,208,365
(1) We are a party to an employment agreement with Mr. Campisi and Ms. Bachman, the material terms of
which are described in the “Elements of our Executive Compensation for Fiscal 2015 – Employment
Agreements” section of the CD&A. We are a party to a senior executive severance agreement with
Mr. Johnson, Mr. Schlonsky, and Mr. Stein, the material terms of which are described in the “Elements of
our Executive Compensation for Fiscal 2015 – Senior Executive Severance Agreements” section of the
CD&A. We are a party to an executive severance plan with each of our named executive officers, the
material terms of which are described in the “Elements of our Executive Compensation for Fiscal 2015 –
Severance Plan” section of the CD&A.
(2) The amounts in this column reflect the salary earned by each named executive officer during fiscal 2015.
(3) The amounts in this column reflect the sum of (i) the grant date fair value of the restricted stock unit
awards as determined in accordance with ASC 718, (ii) the estimated fair value of the performance share
unit awards issued and (iii) the grant date fair value of the restricted stock awards as determined in
accordance with ASC 718, in each case based on the probable outcome of the applicable performance
conditions. These awards were granted to the executives under the 2012 LTIP. The amounts in this
column exclude the effect of any estimated forfeitures.
(4) The amounts in this column reflect the aggregate grant date fair value of the stock option awards granted
under the 2012 LTIP to the executives in fiscal 2013 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.
(5) The amounts in this column reflect annual incentive awards earned under the 2006 Bonus Plan for
performance during each of the last three fiscal years.
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