This excerpt taken from the KSS DEF 14A filed Mar 27, 2009.
The Committee annually reviews tally sheets for each of our NEOs, which present a comprehensive summary of the executives compensation, including the following information:
Tally sheets provide the Committee with an overview of our compensation programs. While not used explicitly for determining compensation levels, they are useful in several other ways. Tally sheets inform the Committee about the relationship between different components of pay. They also show the Committee the level of wealth creation available and the retention value that exists from unvested equity. Finally, tally sheets provide context for decisions about compensation arrangements and the level of benefits they provide (e.g., severance benefits).