Office Depot 2011 Annual Report Download - page 77

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Option Exercises and Stock Vested in Fiscal Year 2011
Option Awards Stock Awards
(a) (b) (c) (d) (e)
Named Officers
Number of Shares
Acquired on
Exercise (#)
Value Realized on
Exercise ($)
Number of Shares
Acquired on
Vesting (#)
(1)
Value Realized on
Vesting ($)
Neil Austrian ..................... — — 29,274 (2) $ 125,000
Michael Newman ................. — — — —
Kevin Peters ..................... — — 17,747 (3) $ 94,946
Steve Schmidt .................... — — 41,408 (3) $ 221,533
Elisa D. Garcia ................... — — 23,662 (3) $ 126,592
Charles Brown ................... — — — —
Daisy Vanderlinde ................ — — 71,281 (4) $ 298,020
(1) Value of Restricted Stock calculated by multiplying the number of shares by the fair market value of the
company’s common stock on the NYSE on the vesting date.
(2) Represents immediate vesting of restricted stock granted in 2011 for Mr. Austrian’s annual retainer as a
Director prior to becoming the Chair and CEO on May 23, 2011.
(3) Represents three-year pro rata vesting of restricted stock granted in 2008 under the LTIP.
(4) Represents shares of restricted stock for which vesting was accelerated under the LTIP provision of reaching
the age of 60 and completing 5 years of continuous service with the company while employed.
Nonqualified Deferred Compensation
In addition to offering a traditional qualified defined contribution retirement savings plan (i.e., 401(k) plan),
the company continues to maintain three non-qualified deferred compensation plans for the benefit of its
executive officers, including the NEOs, which remain frozen to new contributions. The following table reflects
information related to the company’s non-qualified deferred compensation plans. Information regarding the
company’s 401(k) plan, which is generally available to all employees, is not included.
Nonqualified Deferred Compensation
(a) (b) (c) (d) (e) (f)
Named Officers
Executive
Contributions
in Last FY ($)
Registrant
Contributions
in Last FY ($)
(1) Aggregate
Earnings
in Last FY ($)
Aggregate
Withdrawals/
Distributions ($)
(2) Aggregate
Balance at
Last FYE ($)
Neil Austrian ..................... — — — — —
Michael Newman ................. — — — — —
Kevin Peters ..................... — — — — —
Steve Schmidt .................... — — $ 112 — $24,844
Elisa D. Garcia ................... — — — — —
Charles Brown ................... — — $(15,341) $72,216 $43,443
Daisy Vanderlinde ................ — — $ (77) — $ 9,182
(1) Amounts shown in this column are not otherwise reported as compensation in the last completed fiscal year
in the Summary Compensation Table.
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