Staples 2012 Annual Report Download - page 31

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22
OUTSTANDING DIRECTOR AWARDS
The table below supplements the Director Compensation table above by providing (1) the number of restricted shares and
restricted stock units awarded to our directors during our 2012 fiscal year and (2) the total number of stock options, unvested
restricted shares and outstanding restricted stock units held by our directors as of February 2, 2013, the end of our 2012 fiscal year.
Name Grant Date Award
Type
Number of
Shares/Units
Awarded in
FY 2012
Total Options, Unvested Restricted
Shares and Restricted Stock Units as
of 2012 FYE (1)(2)(3)
Basil L. Anderson 3/8/2012 RS 11,372 11,372
OP — 91,367
Arthur M. Blank 3/8/2012 RS 11,372 11,372
3/8/2012 RSU 2,600 2,600
OP — 136,367
Mary Elizabeth Burton (4) 3/8/2012 RS 11,372 —
Drew G. Faust 6/6/2012 RS 11,610 11,610
9/13/2012 RS 7,310 7,310
Justin King 3/8/2012 RS 11,372 11,372
OP — 82,367
Carol Meyrowitz 3/8/2012 RS 11,372 11,372
3/8/2012 RSU 2,080 2,080
OP — 77,867
Rowland T. Moriarty 3/8/2012 RS 11,372 11,372
3/8/2012 RSU 520 520
OP — 136,367
Robert C. Nakasone 3/8/2012 RS 11,372 11,372
OP — 181,367
Elizabeth Smith 3/8/2012 RS 11,372 11,372
OP — 41,954
Robert E. Sulentic 3/8/2012 RS 11,372 11,372
3/8/2012 RSU 2,080 2,080
OP — 82,367
Vijay Vishwanath 3/8/2012 RS 11,372 11,372
3/8/2012 RSU 2,080 2,080
OP — 86,867
Paul F. Walsh 3/8/2012 RS 11,372 11,372
OP — 181,367
RS = Restricted stock, RSU = Restricted stock unit, OP = Stock option
(1) Restricted stock awards made after 2008 vest in full on the first anniversary of the grant date, provided that the director then serves
on our Board. The shares of restricted stock granted in 2011 and 2012 may be sold upon vesting; however, awards made from 2008
through 2010 may be sold only upon leaving our Board. The shares of restricted stock awarded to a director will fully vest upon
retirement or resignation should such director leave our Board after reaching the age of 72. Restricted stock awards made prior to 2008
vested in full on the third anniversary of the grant date.
(2) Restricted stock units awarded to our Lead Director and each chairperson of the Audit Committee, Compensation Committee,
Nominating and Corporate Governance Committee and Finance Committee vest ratably on the date of each of the four regularly
scheduled quarterly Board meetings that such Lead Director or chairperson held such position and are paid on the one year anniversary
of the award.
(3) Stock options awarded during 2008, 2009 and 2010 vest in full on the first anniversary of the grant date, provided that the director
then serves on our Board. The stock options awarded to a director will fully vest upon retirement or resignation, should such director
leave our Board after reaching the age of 72. Stock option awards made prior to 2008 represent stock option grants that vest ratably
on an annual basis over a four-year vesting period, provided that the director then serves on our Board.
(4) Ms. Burton retired from our Board in June 2012 and had no outstanding options, unvested restricted stock or restricted stock units at
fiscal year-end.