Staples 2002 Annual Report Download - page 24

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(8) Reflects an award of 75,000 shares of PARS to Mr. Sargent at a per share value of $14.1875. As of February 1, 2003,
these restricted shares owned by Mr. Sargent had a total value of $1,287,750. See “Performance Accelerated Restricted
Stock Awards.”
(9) Represents amounts paid in fiscal year 2002 for tax preparation for tax years 2002 and 2001.
(10) Reflects an award of 300,000 shares of PARS to Mr. Stemberg at a per share value of $20.03 and an award of 100,000
shares of PARS to Mr. Stemberg at a per share value of $13.549. As of February 1, 2003, these restricted shares owned
by Mr. Stemberg had a combined total value of $6,868,000. As of February 1, 2003, the aggregate value of the 700,000
shares of unvested restricted stock held by Mr. Stemberg was $12,019,000. See “Performance Accelerated Restricted
Stock Awards.”
(11) Reflects $35,533, $29,978 and $30,252 for split dollar insurance premiums we paid in 2002, 2001 and 2000, respectively.
Also reflects $91,590, $77,000 and $51,214 that we contributed on a matching basis pursuant to the terms of our 401(k)
and Supplemental Executive Retirement Plans for 2002, 2001 and 2000, respectively.
(12) Reflects an award of 100,000 shares of PARS to Mr. Stemberg in each year at a per share value of $13.65 for the
2001 grant and $14.1875 for the 2000 grant. As of February 1, 2003, each year’s grant had a total value of $1,717,000.
See “Performance Accelerated Restricted Stock Awards.”
(13) Reflects an award of 45,000 shares of PARS to Mr. Vassalluzzo in each year at a per share value of $13.549 for the
2002 grant, $13.65 for the 2001 grant and $14.1875 for the 2000 grant. As of February 1, 2003, each year’s grant
had a total value of $772,650. As of February 1, 2003, the aggregate value of the 180,000 shares of unvested restricted
stock held by Mr. Vassalluzzo was $3,090,600. See “Performance Accelerated Restricted Stock Awards.”
(14) Reflects $18,206, $17,750 and $5,523 for split dollar insurance premiums we paid in 2002, 2001 and 2000, respectively.
Also reflects $67,104, $57,172 and $38,990 that we contributed on a matching basis pursuant to the terms of our 401(k)
and Supplemental Executive Retirement Plans for 2002, 2001 and 2000, respectively.
(15) Includes 8,514 options obtained as a result of the reclassification of Staples.com stock, effective August 27, 2001.
(16) Represents amounts paid in connection with Mr. Anderson’s relocation from Pennsylvania to Massachusetts.
(17) Reflects an award of 41,800 shares of PARS to Mr. Anderson at a per share value of $13.549. 1,800 of these shares were
granted to Mr. Anderson for service as an Outside Director in fiscal year 2001 prior to becoming an executive officer of
the Company. As of February 1, 2003, these restricted shares owned by Mr. Anderson had a total value of $717,706. As
of February 1, 2003, the aggregate value of the 99,800 shares of unvested restricted stock held by Mr. Anderson was
$1,713,566. See “Performance Accelerated Restricted Stock Awards.”
(18) 9,000 of these options were granted to Mr. Anderson for service as an Outside Director in fiscal year 2001 prior to
becoming an executive officer of the Company.
(19) Reflects $7,619 for split dollar insurance premiums paid in 2002.
(20) Reflects an award of 52,800 shares of PARS to Mr. Anderson at a per share value of $13.65. 2,800 of these shares were
granted to Mr. Anderson for service as an Outside Director in fiscal year 2000. As of February 1, 2003, these restricted
shares owned by Mr. Anderson had a total value of $906,576. See “Performance Accelerated Restricted Stock Awards.”
(21) 15,000 of these options were granted to Mr. Anderson for service as an Outside Director in fiscal year 2000.
(22) Reflects an award of 45,000 shares of PARS to Mr. Mahoney in each year at a per share value of $13.549 for the
2002 grant, $13.65 for the 2001 grant and $14.1875 for the 2000 grant. As of February 1, 2003, each year’s grant
had a total value of $772,650. As of February 1, 2003, the aggregate value of the 180,000 shares of unvested restricted
stock held by Mr. Mahoney was $3,090,600. See “Performance Accelerated Restricted Stock Awards.”
(23) Reflects $16,396, $15,795 and $19,187 for split dollar insurance premiums we paid in 2002, 2001 and 2000, respectively.
Also reflects $53,814, $43,219 and $26,338 that we contributed on a matching basis pursuant to the terms of our 401(k)
and Supplemental Executive Retirement Plans for 2002, 2001 and 2000, respectively.
(24) Includes 8,514 options obtained as a result of the reclassification of Staples.com stock, effective August 27, 2001.
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