Kroger 2014 Annual Report Download - page 50

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48
(5)฀฀ Amounts฀reported฀in฀the฀voluntary฀termination/retirement,฀death,฀and฀disability฀columns฀represent฀the฀
aggregate฀value฀of฀the฀long-term฀cash฀bonuses฀granted฀in฀2013฀and฀2014,฀based฀on฀the฀probable฀outcome฀
of฀the฀performance฀conditions฀as฀of฀January฀31,฀2015฀and฀prorated฀for฀the฀portion฀of฀the฀performance฀
period completed. Amounts reported in the change in control column represent the aggregate value of
50%฀of฀the฀maximum฀award฀granted฀in฀2013฀and฀2014฀at฀the฀beginning฀of฀the฀performance฀period.
(6)฀฀ Mr.฀ Dillon฀ retired฀ as฀ Chairman฀ of฀ the฀ Board฀ on฀ December฀ 31,฀ 2014.฀ On฀ January฀ 1,฀ 2015,฀ he฀ began฀
receiving฀accrued฀and฀banked฀vacation,฀which฀will฀continue฀through฀August฀15,฀2015.฀During฀this฀time,฀
he฀remains฀eligible฀for฀benefits฀in฀ the฀ event฀of฀death,฀ disability฀or฀a฀ change฀in฀ control.฀The฀amounts฀
reported฀in฀the฀voluntary฀termination/retirement฀column฀represent฀the฀amounts฀for฀which฀he฀is฀eligible฀
as a result of his retirement.
DI R E C T O R C O M P E N S A T I O N
The฀following฀table฀describes฀the฀fiscal฀2014฀compensation฀for฀non-employee฀directors.฀Mr.฀McMullen฀
does฀not฀receive฀compensation฀for฀his฀Board฀service.
2014 DIRECTOR COMPENSATION TABLE
Name
Fees
Earned
or Paid
in Cash
Stock
Awards
Option
Awards
Change in
Pension Value
and
Nonqualified
Deferred
Compensation
Earnings
All
Other
Compensation Total
(1) (1) (2)
Reuben฀V.฀Anderson(3) .... $ 77,689 $ 67,434 — (4) $2,000 (10) $514 $147,637
Nora A. Aufreiter(3) ....... $ 11,881 $ 97,662 — — $189 $109,732
Robert฀D.฀Beyer .......... $124,664 $165,256 — (5) $7,425 (11) $189 $297,534
Susan฀J.฀Kropf ........... $ 94,745 $165,256 — (6) — $189 $260,190
David฀B.฀Lewis. . . . . . . . . . . $ 84,772 $165,256 — (6) — $189 $250,217
Jorge฀P.฀Montoya ......... $ 99,731 $165,256 — (6) — $189 $265,176
Clyde฀R.฀Moore .......... $104,718 $165,256 — (5) $6,000 (10) $189 $276,163
Susan฀M.฀Phillips ......... $ 94,745 $165,256 — (7) $2,446 (11) $189 $262,636
Steven฀R.฀Rogel(3) ........ $ 77,689 $ 67,434 — (5) — $514 $145,637
James฀A.฀Runde .......... $ 99,731 $165,256 — (8) — $189 $265,176
Ronald฀L.฀Sargent ........ $114,692 $165,256 — (8) $2,518 (11) $189 $282,655
Bobby฀S.฀Shackouls ....... $ 94,745 $165,256 —฀
(9) — $189 $260,190
(1)฀ These฀ amounts฀ represent฀ the฀ aggregate฀ grant฀ date฀ fair฀ value฀ of฀ the฀ annual฀ incentive฀ stock฀ award,฀
computed฀ in฀ accordance฀ with฀ FASB฀ ASC฀ Topic฀ 718.฀ Options฀ are฀ no฀ longer฀ granted฀ to฀ non-employee฀
directors.฀The฀footnotes฀in฀the฀Option฀Awards฀column฀represent฀previously฀granted฀stock฀options฀that฀
remain฀unexercised.
(2)฀ This฀amount฀reflects฀the฀value฀of฀gift฀cards฀in฀the฀amount฀of฀$75฀and฀the฀cost฀to฀the฀Company฀per฀director฀
for฀providing฀accidental฀death฀and฀dismemberment฀insurance฀coverage฀for฀non-employee฀directors฀in฀
the฀amount฀of฀$114.฀The฀amounts฀reported฀for฀Messrs.฀Anderson฀and฀Rogel฀also฀include฀a฀retirement฀gift฀
valued฀at฀$325.
(3)฀ Messrs.฀Anderson฀and฀Rogel฀retired฀from฀the฀Board฀in฀December฀2014.฀Ms.฀Aufreiter฀joined฀the฀Board฀in฀
December฀2014.฀The฀fees฀and฀stock฀awards฀for฀each฀of฀these฀directors฀were฀prorated฀accordingly.
(4)฀ Aggregate฀number฀of฀stock฀options฀outstanding฀at฀fiscal฀year฀end฀was฀10,400฀shares.
(5)฀ Aggregate฀number฀of฀stock฀options฀outstanding฀at฀fiscal฀year฀end฀was฀47,500฀shares.