Neiman Marcus 2013 Annual Report Download - page 71

Table of Contents

The following table sets forth the annual compensation for the President and Chief Executive Officer, the Chief Financial Officer and the three other
most highly compensated executive officers who were serving as executive officers at the end of fiscal year 2014 (referred to as the named executive officers).
























President and
Chief Executive Officer
2014
1,070,000
—
20,452,674
958,988
798,000
3,325,621
26,605,283
2013
1,070,000
—
1,379,327
799,667
5,944
719,068
3,974,006
2012
1,070,000
—
3,877,404
1,503,992
1,248,121
2,076,088
9,775,605

Executive Vice President,
Chief Operating Officer,
and Chief Financial
Officer
2014
750,000
250,000
4,748,306
385,875
133,000
1,476,457
7,743,638
2013
720,000
—
618,319
358,094
2,021
256,828
1,955,262
2012
720,000
—
2,095,894
759,024
182,384
1,027,624
4,784,926

President, Chief
Merchandising Officer
2014
800,000
100,000
6,574,044
411,600
156,000
2,890,940
10,932,584
2013
770,000
—
808,571
227,415
—
233,135
2,039,121
2012
770,000
—
2,095,894
669,958
278,000
1,088,650
4,902,502

President, Neiman
Marcus Stores and Online
2014
550,000
100,000
3,652,700
213,510
—
624,542
5,140,752
2013
512,000
54,992
523,193
320,008
—
29,261
1,439,454
2012
500,000
—
3,439,457
334,581
—
325,523
4,599,561

President, Bergdorf
Goodman
2014
510,000
100,000
3,652,700
216,036
—
275,445
4,754,181
2013
500,000
40,502
380,504
59,498
—
8,215
988,719
2012
117,308
—
2,171,464
—
—
527
2,289,299
(1) The amounts for Messrs. Skinner, Gold, Koryl and Schulman for fiscal year 2014 represent a transaction bonus awarded for their efforts in the success
of the Acquisition.
(2) The amounts reflect the aggregate grant date fair value for the awards computed in accordance with ASC Topic 718. Assumptions used in calculating
the fiscal year 2014 amounts are described under the caption Stock-Based Compensation in Note 12 of the Notes to Consolidated Financial
Statements. These amounts reflect the grant date fair value and do not represent the actual value that may be realized by the named executive officers.
(3) The amounts reported in the Non-Equity Incentive Plan Compensation column reflect the actual amounts earned under the performance-based annual
cash incentive compensation plan described under “Compensation Discussion and Analysis.”
(4) The amounts in this column represent the change in the actuarial value of the named executive officers’ benefits under our retirement and
supplemental executive retirement plans from August 3, 2013 to August 2, 2014. This “change in the actuarial value” is the difference between the
fiscal year 2013 and fiscal year 2014 present value of the pension benefits accumulated as of year-end by the named executive officers, assuming that
benefit is not paid until age 65. These amounts were computed using the same assumptions used for financial statement reporting purposes under ASC
Subtopic 715-30, “Defined Benefit Plans-Pension” as described in Note 10 of the Notes to Consolidated Financial Statements.
(5) Includes all items listed in the following table entitled “All Other Compensation.” The value of perquisites and other personal benefits is provided in
this column and in the footnotes below even if the amount is less than the reporting threshold established by the SEC.
69