AMZN » Topics » Summary Compensation Table

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

Summary Compensation Table

 

Name and Principal Position

  Year   Salary   Bonus     Stock
Awards(1)
  Option
Awards(1)
  All Other
Compensation
    Total

Jeffrey P. Bezos

Chief Executive Officer

  2006   $ 81,840   $ —       $ —     $ —     $ 1,200,000 (2)   $ 1,281,840

Thomas J. Szkutak

SVP and Chief Financial Officer

  2006     150,000     450,000 (3)     1,255,700     —       2,993 (4)     1,858,693

Richard L. Dalzell

SVP and Chief Information Officer

  2006     211,502     —         1,615,718     1,642,614     —         3,469,834

Diego Piacentini

SVP, International Retail

  2006     175,000     —         1,512,893     404,748     55,905 (5)     2,148,546

Jeffrey A. Wilke

SVP, North America Retail

  2006     155,000     —         1,818,005     404,748     3,162 (4)     2,380,915

(1) Represents the dollar amount recognized for financial statement reporting purposes with respect to fiscal year 2006 in accordance with 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 and option awards are discussed, respectively, in Note 1, “Stock-Based Compensation,” in Item 8, “Financial Statements and Supplementary Data,” in the Company’s 2006 and 2005 Annual Reports on Form 10-K.

 

(2) Represents the approximate incremental cost of security arrangements for Mr. Bezos in addition to security arrangements provided at business facilities and for business travel. The Company believes that all Company-incurred security costs are reasonable and necessary and for the Company’s benefit.

 

(3) Represents a signing bonus. See “Employment Arrangements.”

 

(4) Represents the value of shares of common stock contributed by the Company under the Company’s 401(k) plan.

 

(5) Represents expatriation benefits, including a cost of living and housing allowance in the amount of $40,829 and tax reimbursement in connection with such benefits in the amount of $15,076. See “Employment Arrangements.”
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