Foot Locker (FL)

Director

04/01/08
FMV:
$12.25

05/02/08
FMV:
$13.21

07/01/08
FMV:
$12.48

08/01/08
FMV:
$15.10

10/01/08
FMV:
$16.15

10/31/08
FMV:
$14.62

01/30/09
FMV:
$7.36

Total # of
Units
Credited in
2008

Total # of
Units
Held at
01/31/09

D. Schwartz

—

106.9983

—

136.8905

—

142.7894

286.5488

4,923.5619

14,346.5436

C. Turpin

510.2014

136.0564

500.8013

165.2479

386.9969

176.3392

353.8764

6,245.5835

17,717.4140

D. Young

—

213.9966

—

269.1267

—

280.7238

563.3548

9,359.3304

28,205.2949

•

The fiscal 2008 compensation expense recognized for financial statement reporting purposes for the fair value of the restricted stock units (“RSUs”) granted to the nonemployee directors in 2008. The number of RSUs granted was calculated by dividing $50,000 by $13.50, which was the closing price of a share of our stock on the date of grant. The RSUs vested in February 2009. As provided under the SEC’s rules, the amounts shown exclude the impact of estimated forfeitures related to service-based vesting conditions. For additional information on the valuation assumptions, please refer to Note 25 to the Company’s financial statements in our 2008 Form 10-K. The grant date fair value was calculated under FAS 123R. The RSUs granted to Mr. Sinclair in 2008 were forfeited in connection with the expiration of his term as a director prior to the vesting date of the award. The following table provides information on the aggregate number of RSUs granted in 2008 and the number of RSUs outstanding at the end of the 2008 fiscal year: