CompUSA 2009 Annual Report Download - page 34

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31
SUMMARY COMPENSATION TABLE
The following table sets forth the compensation earned by the Chief Executive Officer (“CEO”, our principal executive officer),
Chief Financial Officer (“CFO”, our principal financial officer), and the three most highly compensated officers other than the CEO
and CFO (collectively the “Named Executive Officers”) for fiscal years 2007, 2008 and 2009:
Name and
Principal
Position
Year Salary
($)
Bonus
($)
Stock
Awards
($)
Option
Awards
($) (1)
Non-Equity
Incentive Plan
Compensation
($) (2)
All Other
Compensation
($)
Total
($)
Richard Leeds
2009
567,000
-
-
-
975,000
21,394 (3)
1,563,394
Chairman and
Chief
Executive
Officer
2008
550,000
550,000
-
-
-
26,522
1,126,522
2007
442,600
600,000
-
-
-
19,843
1,062,443
Bruce Leeds
2009
470,000
-
-
670,000
18,321 (4)
1,158,321
Vice Chairman
2008
450,000
375,000
-
-
-
21,329
846,329
2007
405,365
400,000
-
-
-
21,912
827,277
Robert Leeds
2009
470,000
-
670,000
16,063 (5)
1,156,063
Vice Chairman
2008
450,000
375,000
-
-
-
20,003
845,003
2007
405,365
400,000
-
-
-
18,923
824,288
Gilbert
Fiorentino
2009
501,378
-
-
2,245,000
325,195 (6)
3,071,573
Chief
Executive –
Technology
Products
Group
2008
476,875
-
-
-
1,400,000
622,945
2,499,820
2007
456,484
1,938,000
-
-
624,916
3,019,400
Lawrence
Reinhold
2009
471,625
-
-
1,013,170
719,200
26,531 (7)
2,230,526
Executive Vice
President and
Chief Financial
Officer
2008
455,250
325,000
-
353,250
-
22,923
1,156,423
2007
380,385
325,000
-
1,446,306
-
20,921
2,172,612
(1) This column represents the fair value of the stock option on the grant date determined in accordance with the provisions of ASC
718. As per SEC rules
relating to executive compensation disclosure, the amounts shown exclude the impact of forfeitures related to
service based vesting conditions. These amounts were calculated using the Black-Scholes option-
pricing model. For additional
information regarding assumptions made in calculating the amount reflected in this column, please refer to Note
8 to our audited
consolidated financial statements, included in our Annual Report on Form 10-K for fiscal year 2009.
(2) The 2009 figures in this column represent the amount earned in fiscal year 2009 (although paid in fiscal year 2010) pursuant to
the 2009 Bonus Plan. For more information, see the Grants of Plan-Based Awards table below. Because these payments, as well as
the payment that Mr. Fiorentino earned in 2008, were based on predetermined performance metrics, these amounts are reported in
the Non-Equity Incentive Plan column.
(3) Includes $20,854 in auto-related expenses.
(4) Includes $17,494 in auto-related expenses.
(5) Includes $15,235 in auto-related expenses.