Staples 2015 Annual Report Download - page 32

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DIRECTOR COMPENSATION
28 STAPLES Notice of Annual Meeting of Stockholders
OUTSTANDING DIRECTOR AWARDS
The table below supplements the Director Compensation table above by providing (1) the number of restricted stock units awarded
to our directors during our 2015 fiscal year and (2) the total number of outstanding stock options and restricted stock units held
by our directors as of January 30, 2016, the end of our 2015 fiscal year.
Name Grant Date Award
Type
Number of
Shares
Awarded in
FY 2015
Grant Date
Fair Value
($)
Total
Options and
Outstanding
Restricted
Stock Units
as of 2015 FYE
(1)(2)(3)
Basil L. Anderson 6/3/2015 RSU 12,501 207,017 12,501
OP 0 0 91,367
Drew Gilpin Faust 6/3/2015 RSU 10,568 175,006 10,568
Paul-Henri Ferrand 6/3/2015 RSU 19,626 325,007 19,626
Kunal Kamlani 6/3/2015 RSU 19,626 325,007 19,626
Carol Meyrowitz 6/3/2015 RSU 10,568 175,006 10,568
OP 0 0 77,867
Rowland T. Moriarty 6/3/2015 RSU 11,535 191,020 11,535
OP 0 0 91,367
Robert E. Sulentic 6/3/2015 RSU 12,984 215,015 12,984
OP 0 0 82,367
Raul Vazquez 6/3/2015 RSU 10,568 175,006 20,800
Vijay Vishwanath 6/3/2015 RSU 12,501 207,017 12,501
OP 0 0 86,867
Paul F. Walsh 6/3/2015 RSU 12,501 207,017 12,501
OP 0 0 91,367
RSU = Restricted stock unit, OP = Stock option
(1) Restricted stock unit awards granted in connection with the annual director grant vest in full on the first anniversary of the
grant date, provided that the director then serves on our Board. Restricted stock unit awards made upon initial election as a
director vest in full on the third anniversary of the grant date.
(2) Restricted stock units awarded to our Independent 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 vested in full on the first anniversary of the grant date, provided that the
director served on our Board. Stock option awards made prior to 2008 vested ratably on an annual basis over a four-year
vesting period, provided that the director then served on our Board.