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FISCAL 2011 GRANTS OF PLAN-BASED AWARDS TABLE
The following table provides information regarding plan-based awards granted during fiscal year 2011 to
the Named Executive Officers.
Estimated Future Payouts Under
Non-Equity Incentive Plan Awards(1)
Name
Grant
Date
Threshold(2)
($)
Target(3)
($)
Maximum(4)
($)
All Other
Stock Awards:
Number of
Shares of
Stock or
Units
(#)
All Other
Option Awards:
Number of
Securities
Underlying
Options
(#)
Exercise or
Base Price
of Option
Awards
($/Sh)
Grant Date
Fair
Value of
Stock and
Option
Awards($)
Kosta N. Kartsotis(5)
N/A
N/A
N/A
N/A
-0-
-0-
N/A
N/A
Mike L. Kovar
15,000
140,625
375,000
3/15/11
2,896(6)
235,242
3/15/11
6,933(7)
81.23
235,211
Darren E. Hart(8)
N/A
N/A
N/A
7/15/11
1,949(9)
250,037
7/15/11
4,298(6)
551,390
7/15/11
5,343(7)
128.29
275,662
Jennifer L. Pritchard
22,200
208,125
555,000
3/15/11
4,236(6)
344,090
3/15/11
10,142(7)
81.23
344,081
Mark D. Quick
25,600
240,000
640,000
3/15/11
6,860(6)
557,238
3/15/11
16,424(7)
81.23
557,206
(1) These amounts reflect potential payments under the Fossil, Inc. 2010 Cash Incentive Plan.
(2) Threshold payments assume that the executive received a "meets expectations" performance rating and the
Company achieved operating income levels at the first payout level. Cash incentive awards are paid if the
operating income thresholds are at least at the first payout level and the executive's performance rating is a
"meets expectations," "exceeds expectations" or "outstanding." We consider "meets expectations" to be the
threshold performance rating.
(3) Target payments assume that the executive received an "exceeds expectations" performance rating and the
Company achieved operating income levels at the midpoint target level. We consider "exceeds
expectations" to be the target performance rating.
(4) Maximum payments assume that the executive received an "outstanding" performance rating and the
Company achieved operating income levels at the total payout level. We consider "outstanding" to be the
maximum performance rating.
(5) Mr. Kartsotis refused all forms of compensation for fiscal years 2009, 2010 and 2011. Mr. Kartsotis is one
of the initial investors in the Company and expressed his belief that his primary compensation is met by
continuing to drive stock price growth.
(6) Consists of restricted stock units awarded pursuant to the 2008 Incentive Plan. These awards vest one third
each year over three years following the grant date.
(7) Consists of stock appreciation rights awarded pursuant to the 2008 Incentive Plan. All awards vest one third
each year over three years following the grant date.
(8) Mr. Hart joined the Company in June 2011. We granted Mr. Hart a guaranteed cash bonus in the amount of
$337,500 in lieu of his participation in our fiscal 2011 cash incentive plan.
(9) Consists of restricted stock units awarded pursuant to the 2008 Incentive Plan. This award vests 100% on
March 15, 2012.
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