AMZN » Topics » Director Compensation for 2006

This excerpt taken from the AMZN DEF 14A filed Apr 27, 2007.

Director Compensation for 2006

 

Name

   Stock
Awards($)(1)
 

Jeffrey P. Bezos

   $ —    

Tom A. Alberg

     46,544 (2)

John Seely Brown

     195,930 (3)

L. John Doerr

     46,544 (2)

William B. Gordon

     110,705 (4)

Myrtle S. Potter

     173,858 (5)

Thomas O. Ryder

     54,301 (6)

Patricia Q. Stonesifer

     46,544 (2)

(1) Represents the dollar amount recognized for financial statement reporting purposes with respect to fiscal year 2006 in accordance with Statement of Financial Accounting Standards No. 123(R) (“FAS 123(R)”). Estimates of forfeitures related to service-based vesting conditions have been disregarded. The fair value of each award is recognized as an expense over the service period using the accelerated method under FAS 123(R). Assumptions made in the valuation of stock awards are discussed in Note 1, “Stock-Based Compensation,” in Item 8, “Financial Statements and Supplementary Data,” in the Company’s 2006 Annual Report on Form 10-K.

 

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(2) Restricted stock unit award for 30,000 shares that is vested as to 24,000 shares and vests as to 6,000 shares on November 6, 2007, assuming continued service as a director.

 

(3) Restricted stock unit award for 12,500 shares that vests as to 7,500 shares on June 30, 2007 and as to 2,500 shares on each of June 30, 2008 and June 30, 2009, assuming continued service as a director.

 

(4) Restricted stock unit award for 30,000 shares that is vested as to 18,000 shares and vests as to 6,000 shares on each of April 9, 2007 and April 9, 2008, assuming continued service as a director.

 

(5) Restricted stock unit award for 12,500 shares that vests as to 7,500 shares on April 12, 2007 and vests as to 2,500 shares on each of April 12, 2008 and April 12, 2009, assuming continued service as a director.

 

(6) Restricted stock unit award for 35,000 shares that is vested as to 28,000 shares and vests as to 7,000 shares on November 6, 2007, assuming continued service as a director.
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