Big Lots 2015 Annual Report Download - page 34

Download and view the complete annual report

Please find page 34 of the 2015 Big Lots annual report below. You can navigate through the pages in the report by either clicking on the pages listed below, or by using the keyword search tool below to find specific information within the annual report.

Page out of 166

  • 1
  • 2
  • 3
  • 4
  • 5
  • 6
  • 7
  • 8
  • 9
  • 10
  • 11
  • 12
  • 13
  • 14
  • 15
  • 16
  • 17
  • 18
  • 19
  • 20
  • 21
  • 22
  • 23
  • 24
  • 25
  • 26
  • 27
  • 28
  • 29
  • 30
  • 31
  • 32
  • 33
  • 34
  • 35
  • 36
  • 37
  • 38
  • 39
  • 40
  • 41
  • 42
  • 43
  • 44
  • 45
  • 46
  • 47
  • 48
  • 49
  • 50
  • 51
  • 52
  • 53
  • 54
  • 55
  • 56
  • 57
  • 58
  • 59
  • 60
  • 61
  • 62
  • 63
  • 64
  • 65
  • 66
  • 67
  • 68
  • 69
  • 70
  • 71
  • 72
  • 73
  • 74
  • 75
  • 76
  • 77
  • 78
  • 79
  • 80
  • 81
  • 82
  • 83
  • 84
  • 85
  • 86
  • 87
  • 88
  • 89
  • 90
  • 91
  • 92
  • 93
  • 94
  • 95
  • 96
  • 97
  • 98
  • 99
  • 100
  • 101
  • 102
  • 103
  • 104
  • 105
  • 106
  • 107
  • 108
  • 109
  • 110
  • 111
  • 112
  • 113
  • 114
  • 115
  • 116
  • 117
  • 118
  • 119
  • 120
  • 121
  • 122
  • 123
  • 124
  • 125
  • 126
  • 127
  • 128
  • 129
  • 130
  • 131
  • 132
  • 133
  • 134
  • 135
  • 136
  • 137
  • 138
  • 139
  • 140
  • 141
  • 142
  • 143
  • 144
  • 145
  • 146
  • 147
  • 148
  • 149
  • 150
  • 151
  • 152
  • 153
  • 154
  • 155
  • 156
  • 157
  • 158
  • 159
  • 160
  • 161
  • 162
  • 163
  • 164
  • 165
  • 166

2015” section of the CD&A, we achieved 109% of the targeted goal for EPS and 109% of the
targeted goal for ROIC for the first service period of the performance period applicable to the
PSUs awarded to our named executive officers in fiscal 2015.
•Restricted Stock Unit Awards. Each named executive officer received the remaining 40% of
their equity awards in the form of restricted stock unit awards (“RSUs”). The RSUs will vest
ratably over three years from the grant date of the award if the participant remains employed
by us through each annual vesting date (except in the case of death, disability, retirement,
involuntary termination or constructive termination) and if we meet an operating profit
performance component. The Committee and other outside directors believe RSUs will align
the interests of our named executive officers and our shareholders and help retain and
motivate our named executive officers.
The following graphs show the percentage of Mr. Campisi’s and our other named executive officers’
total target compensation for fiscal 2015 that was at-risk or variable.
2015 COMPENSATION AWARDED
25%
Restricted Stock Units Award
Salary and Other Compensation
Performance Share Units Award
Annual Bonus Incentive Award
MR. CAMPISI OTHER NEOS
61%
Performance-Linked
Incentive Compensation
53%
Performance-Linked
Incentive Compensation
20%
37%
24%
29%
27%
14%
24%
22