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This excerpt taken from the BBBY DEF 14A filed Jun 4, 2008. How are directors compensated?
The following table provides compensation information for each member of our Board of Directors during fiscal 2007, other than Warren Eisenberg, Leonard Feinstein and Steven H. Temares, each of whom is a named executive officer of the Company and none of whom received any additional
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compensation for his service as a director of the Company.
Annual director fees for fiscal 2007 were $40,000 and paid at a rate of $10,000 each fiscal quarter. In addition, directors serving on standing committees of the Board of Directors were paid, on a quarterly basis, as follows: each member of the Audit Committee received an additional $10,000 per year; each member of the Compensation Committee received an additional $7,500 per year; and each member of the Nominating and Corporate Governance Committee, other than the Lead Director, received an additional $5,000 per year. As Lead Director, Mr. Eppler received an additional $15,000 annually in director fees. Directors have the right to elect to receive all or fifty percent of their fees in stock or cash. In addition to the fees above, each director received an automatic grant of restricted stock under the Company’s 2004 Incentive Compensation Plan with a fair market value on the date of the Company’s Annual Meeting of Shareholders during such fiscal year (the average of the high and low trading prices on such date) equal to $40,000, such restricted stock to vest on the last day of the fiscal year of grant provided that the director remains in office until such date. The following table provides director compensation information for fiscal year 2007.
This excerpt taken from the BBBY DEF 14A filed Jun 8, 2007. How are directors compensated? The following table provides compensation information for fiscal 2006 for each member of our Board of Directors during fiscal 2006, other than Warren Eisenberg, Leonard Feinstein and Steven H. Temares, each of whom is a named executive officer of the Company and none of whom received any additional compensation for his service as a director of the Company. Annual director fees for fiscal 2006 were $30,000 and were paid at a rate of $7,500 each fiscal quarter. As Lead Director, Mr. Eppler received an additional $15,000 annually in director fees. Directors have a right to elect to receive all or fifty percent of their fees in stock or cash. The following table provides director compensation information for fiscal year 2006. This excerpt taken from the BBBY DEF 14A filed May 24, 2006. How are Directors compensated? In fiscal 2005, each outside director was paid at the rate of $7,500 per quarter other than Klaus Eppler who, as Lead Director, was paid at the rate of $11,250 per quarter. Directors may elect to receive all or a portion of such payments in the form of common stock. This excerpt taken from the BBBY DEF 14A filed Jun 1, 2005. How are Directors compensated? In fiscal 2004, each outside director was paid at the rate of $7,500 per quarter other than Klaus Eppler who, as Lead Director, was paid at the rate of $11,250 per quarter. Directors may elect to receive all or a portion of such payments in the form of common stock. | EXCERPTS ON THIS PAGE:
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