| DATE OF MEETING: | | | November | |
| TIME OF MEETING: | | | 10: | |
| PLACE OF MEETING: | | | Webcast at www.cesonlineservices.com/ | |
| ITEMS OF BUSINESS: | | | (1) to elect | |
| | | | (2) to approve, on an advisory basis, the compensation of the Company’s named executive officers as disclosed in the proxy statement that accompanies this notice; | |
| | | | (3) to select, on an advisory basis, the frequency with which shareholders of the Company will have an advisory vote on the compensation of the Company’s named executive officers; | |
| | | | (4) to ratify the appointment of Deloitte & Touche LLP as our independent registered public accounting firm for the | |
| | | | (5) to conduct other business properly brought before the meeting. | |
| WHO MAY VOTE/ RECORD DATE: | | | You may vote if you were a shareholder at the close of business on September | |
| NOTICE AND ACCESS: | | | We are mailing a Notice of Internet Availability of Proxy Materials (the “Notice”) to many of our shareholders instead of paper copies of our proxy statement and our | |
| | *IMPORTANT NOTICE REGARDING PROCEDURES FOR THE ANNUAL MEETING: | | |
| | There is no physical location for the Annual Meeting, and shareholders may only attend the Annual Meeting virtually via webcast at www.cesonlineservices.com/ attend the Annual Meeting and vote during the meeting via a live audio webcast by visiting www.cesonlineservices.com/ | | |
| | | | | | | By Order of our Board of Directors, | |
| | | | | | | | |
| | | | | | | Richard M. Wolfson | |
| | | | | | | Secretary | |
| | IMPORTANT NOTICE REGARDING THE AVAILABILITY OF PROXY MATERIALS FOR THE SHAREHOLDER MEETING TO BE HELD ON NOVEMBER 16, 2023: The Notice of Internet Availability of Proxy Materials, Notice of Meeting and Proxy Statement are available free of charge at: www.proxyvote.com or at www.viewourmaterial.com/CBRL | | |
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| | | | | A-1 | | |
Name of Committee and Members | | | Functions of the Committee | | | Number 2023of Meetings in | |
AUDIT: Carl T. Berquist, Chair Jody L. Bilney William Moreton* Gisel Ruiz Darryl L. (“Chip”) Wade Andrea M. Weiss** * Mr. Moreton joined this Committee as of February 1, 2023. ** Ms. Weiss is not standing for reelection. | | | • Acts as liaison between our Board of Directors and independent auditors • Reviews and approves the appointment, performance, independence and compensation of independent auditors • Has authority to hire, terminate and approve payments to the independent registered public accounting firm and other committee advisors • Is responsible for developing procedures to receive information and address complaints regarding our accounting, internal accounting controls or auditing matters • Reviews internal accounting controls and systems, including internal audit plan • Reviews results of the internal audit plan, the annual audit and related financial reports • Reviews quarterly earnings press releases and related financial reports • Reviews our significant accounting policies and any changes to those policies • Reviews policies and practices with respect to risk assessment and risk management, including assisting the | | | 7 | |
Name of Committee and Members | | | Functions of the Committee | | | Number 2023of Meetings in | |
| | | • Reviews and pre-approves directors’ and officers’ related-party transactions and annually reviews ongoing arrangements with related parties and potential conflicts of interest • Reviews the appointment, performance and termination or replacement of the senior internal audit executive • Determines financial expertise and continuing education requirements of members of the committee | | | | |
COMPENSATION: Coleman H. Peterson, Chair* Thomas H. Barr Meg G. Crofton Gilbert R. Dávila William Moreton** * Mr. Peterson is not standing for reelection. ** Mr. Moreton joined this Committee as of February 1, 2023. | | | • Reviews management performance, particularly with respect to annual financial goals • Administers compensation plans and reviews and approves salaries, bonuses and equity compensation grants of executive officers, excluding the Chief Executive Officer for whom the committee makes a recommendation to the independent members of the Board of Directors for • Monitors compliance of directors and officers with our stock ownership guidelines • Evaluates the risk(s) associated with our compensation programs • Selects and engages independent compensation consultants and other committee advisors • Leads the Company’s succession planning efforts with respect to the Chief Executive Officer position and reports to our Board of Directors on that issue | | | 8 | |
NOMINATING AND CORPORATE GOVERNANCE: Meg G. Crofton, Chair Carl T. Berquist Coleman H. Peterson* Gisel Ruiz * Mr. Peterson is not standing for re-election. | | | • Identifies and recruits qualified candidates to fill positions on our Board of Directors • Considers nominees to our Board of Directors recommended by shareholders in accordance with the nomination procedures set forth in our bylaws • Reviews corporate governance policies and makes recommendations to our Board of Directors • Reviews and recommends the composition of the committees of our Board of Directors • Oversees annual performance review of our Board of Directors and the committees thereof • Oversees, on behalf of our Board of Directors, director succession planning and reports to our Board of Directors on that issue | | | |
Name of Committee and Members | | | Functions of the Committee | | | Number 2023of Meetings in | |
PUBLIC RESPONSIBILITY: Andrea M. Weiss, Chair* Thomas H. Barr Jody L. Bilney Gilbert R. Dávila Darryl L. (“Chip”) Wade * Ms. Weiss is not standing for reelection. | | | • Assists the Board of Directors in fulfilling its oversight responsibility for those portions of the Company’s overall enterprise risk management program relating to potential threats to the Company’s brand • Analyzes public policy trends and makes recommendations to the Board of Directors regarding how the Company can anticipate and adjust to these trends • Assist the Board of Directors in identifying, evaluating and monitoring social, political, legislative and environmental trends, issues and concerns • Annually reviews the policies, procedures and expenditures for the Company’s political activities, including political contributions and direct and indirect lobbying • Assist the Board of Directors in overseeing the Company’s environmental and other sustainability policies and programs and their impact on the Company’s business strategy • Reviews the Company’s progress in its diversity and inclusion initiatives and compliance with the Company’s responsibilities as an equal opportunity employer • Reviews the Company’s human and workplace rights policies • Reviews and recommends procedures concerning the transmission of the Company’s positions on public policy and social issues via digital media outlets • Reviews any shareholder proposals that deal with public policy issues and makes recommendations to the Board of Directors regarding the Company’s response to such proposals | | | 3 | |
EXECUTIVE: William W. McCarten, Chair* Sandra B. Cochran Carl T. Berquist Meg G. Crofton Coleman H. Peterson* Andrea M. * Mr. McCarten, Mr. Peterson, and Ms. | | | • Meets at the call of the Chief Executive Officer or • Meets when the timing of certain actions makes it appropriate to convene the committee rather than the entire Board of Directors • May carry out all functions and powers of our Board of Directors, subject to certain exceptions under applicable law • Advises senior management regarding actions contemplated by the Company whenever it is not convenient or appropriate to convene the entire Board of Directors | | | 0 | |
2022 Director Cash Compensation | | ||||||||||||
| | | 2021 | | | 2022 | | ||||||
Independent Director | | | | $ | 75,000 | | | | | $ | 80,000 | | |
Independent Board Chairman | | | | $ | 55,000 | | | | | $ | 65,000 | | |
Audit Committee | | | | | | | | | | | | | |
Chair | | | | $ | 25,000 | | | | | $ | 30,000 | | |
Member | | | | $ | 14,000 | | | | | $ | 14,000 | | |
Compensation Committee | | | | | | | | | | | | | |
Chair | | | | $ | 20,000 | | | | | $ | 25,000 | | |
Member | | | | $ | 12,500 | | | | | $ | 12,500 | | |
Nominating and Corporate Governance Committee | | | | | | | | | | | | | |
Chair | | | | $ | 15,000 | | | | | $ | 17,500 | | |
Member | | | | $ | 7,500 | | | | | $ | 10,000 | | |
Public Responsibility Committee | | | | | | | | | | | | | |
Chair | | | | $ | 15,000 | | | | | $ | 17,500 | | |
Member | | | | $ | 7,500 | | | | | $ | 10,000 | | |
Executive Committee | | | | $ | 0 | | | | | $ | 0 | | |
| Independent Director | | | | $ | 80,000 | | |
| Independent Board Chairperson | | | | $ | 65,000 | | |
| Audit Committee | | | | | | | |
| Chair | | | | $ | 30,000 | | |
| Member | | | | $ | 14,000 | | |
| Compensation Committee | | | | | | | |
| Chair | | | | $ | 25,000 | | |
| Member | | | | $ | 12,500 | | |
| Nominating and Corporate Governance Committee | | | | | | | |
| Chair | | | | $ | 17,500 | | |
| Member | | | | $ | 10,000 | | |
| Public Responsibility Committee | | | | | | | |
| Chair | | | | $ | 17,500 | | |
| Member | | | | $ | 10,000 | | |
| Executive Committee | | | | $ | 0 | | |
| Last Year’s Say on Pay Vote | | | Approximately 97% of the votes cast at last year’s annual meeting (excluding broker non-votes and abstentions) were in favor of our | |
| Compensation Decisions for | | | • Base Salary. • Annual Bonus Plan. • The • The maximum payment under the • The | |
| | | | • The • The • Averaging the financial and strategic components resulted in a total payout under the 2023 Annual Bonus Plan • LTI Program • |
performance shares, measured over a three-year performance period, and the other 50% in the form of time-based restricted shares. The performance shares are capped at Executives are required to hold both performance and time-based shares granted under the • • Severance and CIC Agreements. In connection with our CEO transition (described below), we entered into supplemental severance arrangements with our executive officers in connection with our Chief Executive Officer transition announced at the end of 2023. These are described below. | | ||||
| CEO Transition | | | Two weeks prior to the end of 2023, we announced the appointment of Julie Masino as the Company’s next President | |
| | | | and Chief Executive Officer. We entered into a series of compensation agreements in connection with the appointment of Ms. Masino, including an employment agreement with Ms. Masino; a revised employment agreement with our current President and Chief Executive Officer, Ms. Cochran; supplemental severance agreements with each of our executive officers; and conditional consulting agreements with certain executive officers who are at or near retirement eligibility. | |
| Compensation Peer Group | | | | |
| Continued Adherence to Existing Philosophies and Best Practices | | | We continue to adhere to our core philosophies of pay-for-performance, including ensuring a majority of our NEO pay is at-risk. For Core practices remain unchanged from prior years, including ensuring compensation programs do not incentivize | |
| • Big Lots, Inc. | | | • Darden Restaurants, Inc. | | | • Red Robin Gourmet Burgers, Inc. | | |||
| • Bloomin’ Brands, Inc. | | | • Denny’s Corporation | | | • Texas Roadhouse, Inc. | | |||
| • Brinker International, Inc. | | | • Dine Brands Global, Inc. | | | • Tractor Supply, Inc. | | |||
| • Cheesecake Factory, Inc. | | | • Domino’s Pizza, Inc. | | | • The Wendy’s Company | | |||
| • Chipotle Mexican Grill, Inc. | | | • Jack-in-the-Box, Inc. | | | • Williams-Sonoma, Inc. | |
What We Do | | | What We Do Not Do | | ||||||||||
✔ | | | Deliver a majority of the target value of our long-term incentive program (as calculated at the time of grant) through performance-based awards | | | ✘ | | | Execute employment agreements containing multi-year guaranties for salary increases, or automatic renewals (i.e., evergreen agreements) for those executive officers that have employment agreements — currently only our Chief Executive Officer and Chief Executive Officer-Elect. | | ||||
✔ | | | Require executives to hold vested performance and time-based shares for an additional year | | | ✘ | | | Provide material perquisites for executives | | ||||
✔ | | | Maintain robust stock ownership and retention guidelines for executives and non-executive directors | | | ✘ | | | Offer gross-up payments to cover personal income taxes or excise taxes that pertain to executive or severance benefits | | ||||
✔ | | | Conduct annual risk assessments of our compensation programs | | | ✘ | | | Pay dividends on unvested LTI awards | | ||||
✔ | | | Maintain anti-hedging, anti-pledging and recoupment (or “clawback”) policies | | | ✘ | | | Provide special executive retirement programs | | ||||
✔ | | | Require double trigger vesting (i.e. change in control AND termination of employment) for equity acceleration | | | | | | | |
| |
Pay Element | | | At Risk? | | | What the Pay Element Rewards | | | Purpose of the Pay Element | | | Decisions for | |
Base Salary | | | | | | Skills, experience, competence, performance, responsibility, leadership and contribution to the | | | Provide fixed compensation for daily | | | | |
Annual Bonus Plan | | | ✔ | | | Annual achievement of objective performance targets. | | | Focus attention on meeting annual performance targets and our near-term success, provide additional cash compensation and incentives based on our annual performance. | | | In all events, bonus payouts were capped at |
| |||||||||||||
Long-Term Performance Incentives (Performance Shares) | | | ✔ | | | Achieving multi-year performance goals and value | | | Focus attention on meeting longer-term performance targets and our long-term success, create alignment with shareholders by focusing efforts on longer-term financial and shareholder returns; Management retention. | | | Performance shares represent 50% of an NEO’s target award. | |
Pay Element | | | At Risk? | | | What the Pay Element Rewards | | | Purpose of the Pay Element | | | Decisions for 2023 | |
| | | | | | | | | | | | Index. The payout of | |
Long-Term Retention Incentive (time-based RSUs) | | | ✔ | | | Continued service to the Company and its | | | Create alignment with shareholders by focusing efforts on longer-term financial and shareholder returns; Management retention. | | | Time-based RSUs that ratably vest over three years on each of the first, second and third anniversaries of the grant date represent 50% of an NEO’s target award. | |
Health and Welfare Benefits | | | | | | Provide appropriate amount of safety and security for executives and their families (as applicable) in the form of medical coverage as well as death/disability | | | Allow executives to focus their efforts on running the business effectively. | | | No changes from | |
NAMED EXECUTIVE OFFICER | | 2021 BASE SALARY | | 2022 BASE SALARY | | PERCENT CHANGE | | | 2022 BASE SALARY | | 2023 BASE SALARY | | PERCENT CHANGE | | ||||||||||||||||||||||||
Sandra B. Cochran | | | $ | 1,150,000 | | | | $ | 1,175,000 | | | | | 2.2% | | | | | $ | 1,175,000 | | | | $ | 1,175,000 | | | | | 0.0% | | | ||||||
P. Douglas Couvillion* | | | $ | 370,000 | | | | $ | 392,000 | | | | | 5.9% | | | ||||||||||||||||||||||
Craig Pommells* | | | | N/A | | | | $ | 475,000 | | | | | N/A | | | ||||||||||||||||||||||
Jennifer L. Tate | | | $ | 400,000 | | | | $ | 425,000 | | | | | 6.3% | | | ||||||||||||||||||||||
Craig Pommells | | | $ | 475,000 | | | | $ | 510,000 | | | | | 7.4% | | | ||||||||||||||||||||||
Laura A. Daily | | | $ | 407,000 | | | | $ | 430,000 | | | | | 5.7% | | | ||||||||||||||||||||||
Cammie Spillyards-Schaefer | | | $ | 360,000 | | | | $ | 400,000 | | | | | 11.1% | | | ||||||||||||||||||||||
Richard M. Wolfson | | | $ | 450,000 | | | | $ | 475,000 | | | | | 5.5% | | | | | $ | 475,000 | | | | $ | 500,000 | | | | | 5.3% | | | ||||||
Laura A. Daily | | | $ | 370,000 | | | | $ | 407,000 | | | | | 10.0% | | |
Total Points | | | Percent of Target Payout | |
Below | | | 0% | |
| | 25% of Target | | |
| | 50% of Target | | |
| | 75% of Target | | |
| | 100% of Target | | |
| | | ||
186 | | | 150% of Target | |
Area of Focus | | | Metric Description | | |
Human Capital Management | | | • Store hourly and store management turnover levels • | |
Guest Experience | | | • Guest experience metrics | | |
| | • Retail inventory metrics • Retail markdown metrics | | ||
Health & Safety | | | • OSHA performance • Food safety audit scores | | |
IT/Cybersecurity | | | • Launch or fulfillment of key IT initiatives • Cybersecurity metrics | | |
New Unit Development | | | • Pipeline metrics for Cracker Barrel and Maple Street Biscuit Company locations | | |
Strategic Initiatives | | | • Loyalty Program rollout • Catering sales growth metrics • Beer and wine sales metrics • • | |
NAMED EXECUTIVE OFFICER | | | 2022 BASE SALARY | | | 2022 BONUS TARGET PERCENTAGE | | | 2022 BONUS TARGET | | | MULTIPLIER APPLIED TO TARGET | | | 2022 ACTUAL BONUS | | |||||||||||||||
Sandra B. Cochran | | | | $ | 1,175,000 | | | | | | 125% | | | | | $ | 1,468,750 | | | | | | 30.3% | | | | | $ | 445,031 | | |
P. Douglas Couvillion | | | | $ | 392,000 | | | | | | 65% | | | | | $ | 254,800 | | | | | | 30.3% | | | | | $ | 77,204 | | |
Craig Pommells(1) | | | | $ | 311,269 | | | | | | 65% | | | | | $ | 202,232 | | | | | | 30.3% | | | | | $ | 61,304 | | |
Jennifer L. Tate | | | | $ | 425,000 | | | | | | 55% | | | | | $ | 233,750 | | | | | | 30.3% | | | | | $ | 70,826 | | |
Richard M. Wolfson | | | | $ | 475,000 | | | | | | 65% | | | | | $ | 308,750 | | | | | | 30.3% | | | | | $ | 93,551 | | |
Laura A. Daily | | | | $ | 407,000 | | | | | | 65% | | | | | $ | 264,550 | | | | | | 30.3% | | | | | $ | 80,159 | | |
NAMED EXECUTIVE OFFICER | | | 2023 BASE SALARY | | | 2023 BONUS TARGET PERCENTAGE | | | 2023 BONUS TARGET | | | MULTIPLIER APPLIED TO TARGET | | | 2023 ACTUAL BONUS | | |||||||||||||||
Sandra B. Cochran | | | | $ | 1,175,000 | | | | | | 160% | | | | | $ | 1,880,000 | | | | | | 89% | | | | | $ | 1,673,200 | | |
Craig Pommells | | | | $ | 510,000 | | | | | | 70% | | | | | $ | 357,000 | | | | | | 89% | | | | | $ | 317,730 | | |
Laura A. Daily | | | | $ | 430,000 | | | | | | 65% | | | | | $ | 279,500 | | | | | | 89% | | | | | $ | 248,775 | | |
Cammie Spillyards-Schaefer | | | | $ | 400,000 | | | | | | 65% | | | | | $ | 260,000 | | | | | | 89% | | | | | $ | 231,400 | | |
Richard M. Wolfson | | | | $ | 500,000 | | | | | | 65% | | | | | $ | 325,000 | | | | | | 89% | | | | | $ | 289,250 | | |
NAMED EXECUTIVE OFFICER | | | 2022 BASE SALARY | | | TARGET LTPP PERCENTAGE | | | TARGET VALUE | | | NO. OF SHARES AT TARGET | | ||||||||||||
Sandra B. Cochran | | | | $ | 1,175,000 | | | | | | 200% | | | | | $ | 2,350,000 | | | | | | 16,816 | | |
P. Douglas Couvillion | | | | $ | 392,000 | | | | | | 37.5% | | | | | $ | 147,000 | | | | | | 1,051 | | |
Craig Pommells(1) | | | | $ | 311,269 | | | | | | 60% | | | | | $ | 186,761 | | | | | | 1,322 | | |
Jennifer L. Tate | | | | $ | 425,000 | | | | | | 50% | | | | | $ | 212,500 | | | | | | 1,520 | | |
Richard M. Wolfson | | | | $ | 475,000 | | | | | | 60% | | | | | $ | 285,000 | | | | | | 2,039 | | |
Laura A. Daily | | | | $ | 407,000 | | | | | | 50% | | | | | $ | 203,500 | | | | | | 1,456 | | |
NAMED EXECUTIVE OFFICER | | | 2023 BASE SALARY | | | TARGET LTPP PERCENTAGE | | | TARGET VALUE | | | NO. OF SHARES AT TARGET | | ||||||||||||
Sandra B. Cochran | | | | $ | 1,175,000 | | | | | | 200% | | | | | $ | 2,350,000 | | | | | | 24,140 | | |
Craig Pommells | | | | $ | 510,000 | | | | | | 65% | | | | | $ | 331,500 | | | | | | 3,405 | | |
Laura A. Daily | | | | $ | 430,000 | | | | | | 50% | | | | | $ | 215,000 | | | | | | 2,208 | | |
Cammie Spillyards-Schaefer | | | | $ | 400,000 | | | | | | 50% | | | | | $ | 200,000 | | | | | | 2,054 | | |
Richard M. Wolfson | | | | $ | 500,000 | | | | | | 60% | | | | | $ | 300,000 | | | | | | 3,081 | | |
NAMED EXECUTIVE OFFICER | | 2022 BASE SALARY | | TARGET RSU PERCENTAGE | | TARGET VALUE | | NO. OF SHARES AWARDED | | | 2023 BASE SALARY | | TARGET RSU PERCENTAGE | | TARGET VALUE | | NO. OF SHARES AWARDED | | ||||||||||||||||||||||||||||||||
Sandra B. Cochran | | | $ | 1,175,000 | | | | | 200% | | | | $ | 2,350,000 | | | | | 16,816 | | | | | $ | 1,175,000 | | | | | 200% | | | | $ | 2,350,000 | | | | | 24,140 | | | ||||||||
P. Douglas Couvillion | | | $ | 392,000 | | | | | 37.5% | | | | $ | 147,000 | | | | | 1,051 | | | |||||||||||||||||||||||||||||
Craig Pommells(1) | | | $ | 311,269 | | | | | 60% | | | | $ | 186,761 | | | | | 1,322 | | | |||||||||||||||||||||||||||||
Jennifer L. Tate | | | $ | 425,000 | | | | | 50% | | | | $ | 212,500 | | | | | 1,520 | | | |||||||||||||||||||||||||||||
Craig Pommells | | | $ | 510,000 | | | | | 65% | | | | $ | 331,500 | | | | | 3,405 | | | |||||||||||||||||||||||||||||
Laura A. Daily | | | $ | 430,000 | | | | | 50% | | | | $ | 215,000 | | | | | 2,208 | | | |||||||||||||||||||||||||||||
Cammie Spillyards-Schaefer | | | $ | 400,000 | | | | | 50% | | | | $ | 200,000 | | | | | 2,054 | | | |||||||||||||||||||||||||||||
Richard M. Wolfson | | | $ | 475,000 | | | | | 60% | | | | $ | 285,000 | | | | | 2,039 | | | | | $ | 500,000 | | | | | 60% | | | | $ | 300,000 | | | | | 3,081 | | | ||||||||
Laura A. Daily | | | $ | 407,000 | | | | | 50% | | | | $ | 203,500 | | | | | 1,456 | | |
Executive Officer | | | Multiple of Base Salary | | |||
Sandra B. Cochran | | | 5X | | |||
Craig Pommells | | | 3X | | |||
| | 2X | | ||||
| | 2X | | ||||
Richard M. Wolfson | | | 2X | ||||
|
Name and Principal Position | | Year | | Salary(1) | | Bonus | | Restricted Stock/RSU Awards(2) | | Non-Equity Incentive Plan Compensation(3) | | All Other Compensation(4) | | Total | | | Year | | Salary(1) ($) | | Restricted Stock/RSU Awards(2) ($) | | Non-Equity Incentive Plan Compensation(3) ($) | | All Other Compensation(4) ($) | | Total ($) | | ||||||||||||||||||||||||||||||||||||||||||||||||||||
| | | | | | | ($) | | ($) | | ($) | | ($) | | ($) | | ($) | | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Sandra B. Cochran, President and Chief Executive Officer | | | | | 2022 | | | | $ | 1,175,000 | | | | $ | 0 | | | | $ | 4,878,994 | | | | $ | 445,031 | | | | $ | 465,250 | | | | $ | 6,964,276 | | | | | | | 2023 | | | | $ | 1,175,000 | | | | $ | 4,985,393 | | | | $ | 1,673,200 | | | | $ | 438,087 | | | | $ | 8,271,679 | | | |||||||||||
| | | 2021 | | | | $ | 1,150,000 | | | | $ | 0 | | | | $ | 4,481,208 | | | | $ | 1,796,875 | | | | $ | 152,969 | | | | $ | 7,581,052 | | | | | | 2022 | | | | $ | 1,175,000 | | | | $ | 4,878,994 | | | | $ | 445,031 | | | | $ | 465,250 | | | | $ | 6,964,276 | | | ||||||||||||||
| | | 2020 | | | | $ | 982,292 | | | | $ | 0 | | | | $ | 4,265,425 | | | | $ | 718,750 | | | | $ | 249,974 | | | | $ | 6,216,441 | | | | | | 2021 | | | | $ | 1,150,000 | | | | $ | 4,481,208 | | | | $ | 1,796,875 | | | | $ | 152,969 | | | | $ | 7,581,053 | | | ||||||||||||||
P. Douglas Couvillion, (5) Senior Vice President Sourcing and Supply Chain and Former Interim Chief Financial Officer | | | | | 2022 | | | | $ | 392,000 | | | | $ | 0 | | | | $ | 792,523 | | | | $ | 77,204 | | | | $ | 67,384 | | | | $ | 1,329,111 | | | |||||||||||||||||||||||||||||||||||||||||||
| | | 2021 | | | | $ | 370,000 | | | | $ | 50,000 | | | | $ | 284,338 | | | | $ | 300,625 | | | | $ | 29,240 | | | | $ | 1,034,203 | | | |||||||||||||||||||||||||||||||||||||||||||||
| | | 2020 | | | | $ | 343,021 | | | | $ | 0 | | | | $ | 270,610 | | | | $ | 120,250 | | | | $ | 35,291 | | | | $ | 769,172 | | | |||||||||||||||||||||||||||||||||||||||||||||
Craig Pommells (6) Senior Vice President and Chief Financial Officer | | | | 2022 | | | | $ | 311,269 | | | | $ | 0 | | | | $ | 836,283 | | | | $ | 61,304 | | | | $ | 25,757 | | | | $ | 1,234,612 | | | ||||||||||||||||||||||||||||||||||||||||||||
Craig A. Pommells (5)(6) Senior Vice President and Chief Financial Officer | | | | | 2023 | | | | $ | 510,000 | | | | $ | 2,703,140 | | | | $ | 317,730 | | | | $ | 162,556 | | | | $ | 3,693,427 | | | ||||||||||||||||||||||||||||||||||||||||||||||||
| | | 2022 | | | | $ | 311,269 | | | | $ | 836,283 | | | | $ | 61,304 | | | | $ | 25,757 | | | | $ | 1,234,612 | | | ||||||||||||||||||||||||||||||||||||||||||||||||||
Cammie Spillyards-Schaefer (7) Senior Vice President, Restaurant and Retail Operations | | | | 2023 | | | | $ | 400,000 | | | | $ | 1,424,162 | | | | $ | 231,400 | | | | $ | 83,205 | | | | $ | 2,138,767 | | | |||||||||||||||||||||||||||||||||||||||||||||||||
Laura A. Daily (8)(9) Senior Vice President, Retail | | | | | 2023 | | | | $ | 430,000 | | | | $ | 1,205,974 | | | | $ | 248,755 | | | | $ | 94,046 | | | | $ | 1,978,774 | | | ||||||||||||||||||||||||||||||||||||||||||||||||
| | | 2022 | | | | $ | 407,000 | | | | $ | 753,405 | | | | $ | 80,158 | | | | $ | 54,194 | | | | $ | 1,294,757 | | | ||||||||||||||||||||||||||||||||||||||||||||||||||
| | | 2021 | | | | $ | 370,000 | | | | $ | 379,271 | | | | $ | 300,625 | | | | $ | 15,418 | | | | $ | 1,065,314 | | | ||||||||||||||||||||||||||||||||||||||||||||||||||
Richard M. Wolfson, Senior Vice President, General Counsel and Secretary | | | | | 2022 | | | | $ | 475,000 | | | | $ | 0 | | | | $ | 567,698 | | | | $ | 93,551 | | | | $ | 66,521 | | | | $ | 1,202,770 | | | | | | | 2023 | | | | $ | 500,000 | | | | $ | 636,288 | | | | $ | 289,250 | | | | $ | 63,083 | | | | $ | 1,488,621 | | | |||||||||||
| | | 2021 | | | | $ | 450,000 | | | | $ | 0 | | | | $ | 553,699 | | | | $ | 365,625 | | | | $ | 31,888 | | | | $ | 1,401,212 | | | | | | 2022 | | | | $ | 475,000 | | | | $ | 567,698 | | | | $ | 93,551 | | | | $ | 66,521 | | | | $ | 1,202,770 | | | ||||||||||||||
| | | 2020 | | | | $ | 417,188 | | | | $ | 0 | | | | $ | 526,793 | | | | $ | 146,250 | | | | $ | 55,331 | | | | $ | 1,145,562 | | | | | | 2021 | | | | $ | 450,000 | | | | $ | 553,699 | | | | $ | 365,625 | | | | $ | 31,888 | | | | $ | 1,401,212 | | | ||||||||||||||
Jennifer L. Tate, (7) Senior Vice President and Chief Marketing Officer | | | | | 2022 | | | | $ | 425,000 | | | | $ | 0 | | | | $ | 423,198 | | | | $ | 70,826 | | | | $ | 57,038 | | | | $ | 976,063 | | | |||||||||||||||||||||||||||||||||||||||||||
| | | 2021 | | | | $ | 368,182 | | | | $ | 0 | | | | $ | 811,278 | | | | $ | 253,125 | | | | $ | 177,985 | | | | $ | 1,610,570 | | | |||||||||||||||||||||||||||||||||||||||||||||
Laura A. Daily, (8) Senior Vice President, Chief Merchant and Retail Supply Chain | | | | | 2022 | | | | $ | 407,000 | | | | $ | 0 | | | | $ | 753,405 | | | | $ | 80,158 | | | | $ | 54,194 | | | | $ | 1,294,757 | | | |||||||||||||||||||||||||||||||||||||||||||
| | | 2021 | | | | $ | 370,000 | | | | $ | 0 | | | | $ | 379,271 | | | | $ | 300,625 | | | | $ | 15,418 | | | | $ | 1,065,314 | | | |||||||||||||||||||||||||||||||||||||||||||||
| | | 2020 | | | | $ | 343,021 | | | | $ | 0 | | | | $ | 270,610 | | | | $ | 120,250 | | | | $ | 20,838 | | | | $ | 754,719 | | |
Name | | | Year | | | Aggregate Grant Date Fair Value at Maximum Performance Level | | ||||||
Sandra B. Cochran | | | | | 2022 | | | | | $ | 6,098,743 | | |
Craig Pommells* | | | | | 2022 | | | | | $ | 420,495 | | |
P. Douglas Couvillion | | | | | 2022 | | | | | $ | 365,705 | | |
Richard M. Wolfson | | | | | 2022 | | | | | $ | 709,553 | | |
Name | | | Year | | | Aggregate Grant Date Fair Value at Maximum Performance Level | | ||||||
Jennifer L. Tate | | | | | 2022 | | | | | $ | 528,998 | | |
Laura A. Daily | | | | | 2022 | | | | | $ | 506,724 | | |
Name | | | Year | | | Aggregate Grant Date Fair Value at Maximum Performance Level | | ||||||
Sandra B. Cochran | | | | | 2023 | | | | | $ | 7,478,089 | | |
Craig A. Pommells | | | | | 2023 | | | | | $ | 3,054,741 | | |
Cammie Spillyards-Schaefer | | | | | 2023 | | | | | $ | 1,636,258 | | |
Laura A. Daily | | | | | 2023 | | | | | $ | 1,433,972 | | |
Richard M. Wolfson | | | | | 2023 | | | | | $ | 954,432 | | |
Name | | Year | | Life Insurance(1) | | Long-term Disability(1) | | Dividend Equivalents on Shares of Restricted Stock(2) | | Company Match Under Non-qualified Deferred Compensation Plan | | Company Match Under 401(k) Plan | | Other(3) | | Total | | | Year | | Life Insurance(1) | | Long-term Disability(1) | | Dividend Equivalents on Shares of Restricted Stock(2) | | Company Match Under Non-qualified Deferred Compensation Plan | | Company Match Under 401(k) Plan | | Other | | Total | | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Sandra B. Cochran | | | | 2022 | | | | $ | 20,169 | | | | $ | 2,022 | | | | $ | 397,470 | | | | $ | 43,232 | | | | $ | 2,357 | | | | $ | 0 | | | | $ | 465,250 | | | | | | 2023 | | | | $ | 20,895 | | | | $ | 2,232 | | | | $ | 390,226 | | | | $ | 22,183 | | | | $ | 2,551 | | | | $ | 0 | | | | $ | 438,087 | | | ||||||||||||||||
P. Douglas Couvillion | | | | 2022 | | | | $ | 970 | | | | $ | 1,321 | | | | $ | 39,069 | | | | $ | 5,975 | | | | $ | 5,049 | | | | $ | 15,000 | | | | $ | 67,384 | | | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Craig Pommells | | | | 2022 | | | | $ | 895 | | | | $ | 0 | | | | $ | 24,861 | | | | $ | 0 | | | | $ | 0 | | | | $ | 0 | | | | $ | 25,757 | | | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Craig A. Pommells | | | | 2023 | | | | $ | 1,660 | | | | $ | 1,173 | | | | $ | 153,667 | | | | $ | 2,763 | | | | $ | 3,295 | | | | $ | 0 | | | | $ | 162,556 | | | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Cammie Spillyards-Schaefer | | | | 2023 | | | | $ | 1,436 | | | | $ | 1,426 | | | | $ | 73,072 | | | | $ | 4,346 | | | | $ | 2,925 | | | | $ | 0 | | | | $ | 83,205 | | | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Laura A. Daily | | | | 2023 | | | | $ | 1,497 | | | | $ | 1,564 | | | | $ | 85,126 | | | | $ | 0 | | | | $ | 5,859 | | | | $ | 0 | | | | $ | 94,046 | | | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Richard M. Wolfson | | | | 2022 | | | | $ | 990 | | | | $ | 1,601 | | | | $ | 48,735 | | | | $ | 9,466 | | | | $ | 5,728 | | | | $ | 0 | | | | $ | 66,521 | | | | | | 2023 | | | | $ | 1,639 | | | | $ | 1,821 | | | | $ | 48,548 | | | | $ | 5,487 | | | | $ | 5,587 | | | | $ | 0 | | | | $ | 63,083 | | | ||||||||||||||||
Jennifer L. Tate | | | | 2022 | | | | $ | 978 | | | | $ | 1,432 | | | | $ | 48,734 | | | | $ | 1,815 | | | | $ | 4,079 | | | | $ | 0 | | | | $ | 57,038 | | | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Laura A. Daily | | | | 2022 | | | | $ | 973 | | | | $ | 1,372 | | | | $ | 46,247 | | | | $ | 0 | | | | $ | 5,603 | | | | $ | 0 | | | | $ | 54,194 | | |
Name | | Grant Date | | | Estimated Future Payouts Under Non-Equity Incentive Plan Awards(1) | | Estimated Future Payouts Under Equity Incentive Plan Awards(2) | | | All Other Stock Awards: Number of Shares of Stock or Units (#)(3) | | Grant Date Fair Value of Stock and Option Awards(4) | | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| | | | | | Estimated Future Payouts Under Non-Equity Incentive Plan Awards(1) | | Estimated Future Payouts Under Equity Incentive Plan Awards(2) | | | All Other Stock Awards: Number of Shares of Stock or Units (#)(3) | | Grant Date Fair Value of Stock and Option Awards(4) | | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Name | | Grant Date | | | Threshold ($) | | Target ($) | | Maximum ($) | | Threshold (#) | | Target (#) | | Maximum (#) | | | All Other Stock Awards: Number of Shares of Stock or Units (#)(3) | | Grant Date Fair Value of Stock and Option Awards(4) | | | Grant Date | | Threshold ($) | | Target ($) | | Maximum ($) | | Threshold (#) | | Target (#) | | Maximum (#) | | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| | $ | 734,375 | | | | $ | 1,468,750 | | | | $ | 1,835,937 | | | | | | | | | | | | | | | | | | | | | | | | | | $ | 470,000 | | | | $ | 1,880,000 | | | | $ | 2,820,000 | | | | | | | | | | | | | | | | | | | | | | | | | | | | |||||||||||||||||||||||||||||||||
Sandra B. Cochran | | | | | 09/23/21 | | | | | | | | | | | | | | | | | | | | 8,408 | | | | | 16,816 | | | | | 25,224 | | | | | | | | | $ | 145.07 | | | | | | 09/22/22 | | | | | | | | | | | | | | | | | | | | 6,035 | | | | | 24,140 | | | | | 48,280 | | | | | | | | | $ | 103.26 | | | |||||||||||||||||
| | | 09/23/21 | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | 16,816 | | | | $ | 145.07 | | | | | | 09/22/22 | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | 24,140 | | | | $ | 103.26 | | | |||||||||||||||||||
| | | | | | | $ | 127,400 | | | | $ | 254,800 | | | | $ | 318,500 | | | | | | | | | | | | | | | | | | | | | | | | | | | | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
P. Douglas Couvillion | | | | | 09/22/21 | | | | | | | | | | | | | | | | | | | | 525 | | | | | 1,051 | | | | | 1,576 | | | | | | | | | $ | 139.21 | | | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| | | 09/22/21 | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | 1,051 | | | | $ | 139.21 | | | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| | | 09/22/21 | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | 3,591 | | | | $ | 139.21 | | | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| | | | | | | $ | 101,163 | | | | $ | 202,325 | | | | $ | 252,906 | | | | | | | | | | | | | | | | | | | | | | | | | | | | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Craig Pommells | | | | | 12/06/21 | | | | | | | | | | | | | | | | | | | | 661 | | | | | 1,322 | | | | | 1,983 | | | | | | | | | $ | 127.23 | | | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| | | 12/06/21 | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | 1,322 | | | | $ | 127.23 | | | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| | | 12/06/21 | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | 3,929 | | | | $ | 127.23 | | | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| | | | | | | $ | 154,375 | | | | $ | 308,750 | | | | $ | 385,938 | | | | | | | | | | | | | | | | | | | | | | | | | | | | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Richard M. Wolfson | | | | | 09/22/21 | | | | | | | | | | | | | | | | | | | | 1,019 | | | | | 2,039 | | | | | 3,058 | | | | | | | | | $ | 139.21 | | | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| | | 09/22/21 | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | 2,039 | | | | $ | 139.21 | | | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| | | | | | | $ | 166,875 | | | | $ | 233,750 | | | | $ | 292,187 | | | | | | | | | | | | | | | | | | | | | | | | | | | | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Jennifer L. Tate | | | | | 09/22/21 | | | | | | | | | | | | | | | | | | | | 760 | | | | | 1,520 | | | | | 2,280 | | | | | | | | | $ | 139.21 | | | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| | | 09/22/21 | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | 1,520 | | | | $ | 139.21 | | | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| | | | | | | | $ | 89,250 | | | | $ | 357,000 | | | | $ | 535,500 | | | | | | | | | | | | | | | | | | | | | | | | | | | | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Craig A. Pommells | | | | 09/22/22 | | | | | | | | | | | | | | | | | | | | 851 | | | | | 3,405 | | | | | 6,810 | | | | | | | | | $ | 103.26 | | | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| | | 09/22/22 | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | 3,405 | | | | $ | 103.26 | | | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| | | 09/22/22 | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | 19,368 | | | | $ | 103.26 | | | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| | | | | | | | $ | 65,000 | | | | $ | 260,000 | | | | $ | 390,000 | | | | | | | | | | | | | | | | | | | | | | | | | | | | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Cammie Spillyards-Schaefer | | | | 09/22/22 | | | | | | | | | | | | | | | | | | | | 513 | | | | | 2,054 | | | | | 4,108 | | | | | | | | | $ | 103.26 | | | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| | | 09/22/22 | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | 2,054 | | | | $ | 103.26 | | | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| | | 09/22/22 | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | 9,684 | | | | $ | 103.26 | | | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| | | | | | | | $ | 132,275 | | | | $ | 264,549 | | | | $ | 330,687 | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | $ | 69,875 | | | | $ | 279,500 | | | | $ | 419,250 | | | | | | | | | | | | | | | | | | | | | | | | | | | | |||||||||||||||||
Laura A. Daily | | | | 09/22/21 | | | | | | | | | | | | | | | | | | | | 728 | | | | | 1,456 | | | | | 2,184 | | | | | | | | | $ | 139.21 | | | | | | 09/22/22 | | | | | | | | | | | | | | | | | | | | 552 | | | | | 2,208 | | | | | 4,416 | | | | | | | | | $ | 103.26 | | | ||||||||||||||||||
| | | 09/22/21 | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | 1,456 | | | | $ | 139.21 | | | | | | 09/22/22 | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | 2,208 | | | | $ | 103.26 | | | |||||||||||||||||||
| | | 09/22/21 | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | 2,500 | | | | $ | 139.21 | | | | | | 09/22/22 | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | 7,263 | | | | $ | 103.26 | | | |||||||||||||||||||
| | | | | | | | $ | 81,250 | | | | $ | 325,000 | | | | $ | 487,500 | | | | | | | | | | | | | | | | | | | | | | | | | | | | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Richard M. Wolfson | | | | 09/22/22 | | | | | | | | | | | | | | | | | | | | 770 | | | | | 3,081 | | | | | 6,162 | | | | | | | | | $ | 103.26 | | | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| | | 09/22/22 | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | 3,081 | | | | $ | 103.26 | | |
| | Option Awards | | Stock Awards | | | Option Awards | | Stock Awards | | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Name | | Number of Securities Underlying Unexercised Options (#) Exercisable | | Number of Securities Underlying Unexercised Options (#) Unexercisable | | Equity Incentive Plan Awards: Number of Securities Underlying Unexercised Unearned Options (#) | | Option Exercise Price ($) | | Option Expiration Date | | Number Of Shares Or Units Of Stock That Have Not Vested (#) | | Market Value Of Shares Of Stock That Have Not Vested ($)(11) | | Equity Incentive Plan Awards: Number Of Unearned Shares, Units Or Other Rights That Have Not Vested (#) | | Equity Incentive Plan Awards: Market Or Payout Value Of Unearned Shares, Units Or Other Rights That Have Not Vested ($)(11) | | | Number of Securities Underlying Unexercised Options (#) Exercisable | | Number of Securities Underlying Unexercised Options (#) Unexercisable | | Equity Incentive Plan Awards: Number of Securities Underlying Unexercised Unearned Options (#) | | Option Exercise Price ($) | | Option Expiration Date | | Number Of Shares Or Units Of Stock That Have Not Vested (#) | | Market Value Of Shares Of Stock That Have Not Vested ($)(12) | | Equity Incentive Plan Awards: Number Of Unearned Shares, Units Or Other Rights That Have Not Vested (#) | | Equity Incentive Plan Awards: Market Or Payout Value Of Unearned Shares, Units Or Other Rights That Have Not Vested ($)(12) | | ||||||||||||||||||||||||||||||||||||||||||
Sandra B. Cochran | | | | | | | | | | | | | | | | | | | | | | | | | 16,816(1) | | | | $ | 1,598,697 | | | | | | | | | | | | | | | | | | | | | | | | | | | 24,140(1) | | | | $ | 2,263,125 | | | ||||||||||||||||
| | | | | | | | | | | | | | | | | | | | | | | 6,431(2) | | | | $ | 611,395 | | | | | | | | | | | | | | | | | | | | | | | | | | 16,816(2) | | | | $ | 1,576,500 | | | |||||||||||||||||||
| | | | | | | | | | | | | | | | | | | | | | | 19,448(3) | | | | $ | 1,848,921 | | | | | | | | | | | | | | | | 19,448(3) | | | | $ | 1,823,250 | | | | | | | | | | | | | |||||||||||||||||||
| | | | | | | | | | | | | 6,431(4) | | | | $ | 611,395 | | | | | | | | | | | | | | | | | | | | | | | | | | 11,211(4) | | | | $ | 1,051,031 | | | | | | | | | | | | | |||||||||||||||||||
| | | | | | | | | | | | | 19,448(5) | | | | $ | 1,848,921 | | | | | | | | | | | | | | | | | | | | | | | | | | 24,140(5) | | | | $ | 2,263,125 | | | | | | | | | | | | | |||||||||||||||||||
| | | | | | | | | | | | | 16,816(6) | | | | $ | 1,598,697 | | | | | | | | | | | | | ||||||||||||||||||||||||||||||||||||||||||||||||||
P. Douglas Couvillion | | | | | | | | | | | | | | | | | | | | | | | | | 1,051(1) | | | | $ | 99,919 | | | ||||||||||||||||||||||||||||||||||||||||||||||||
| | | | | | | | | | | | | | | | | | | | | | | 408(2) | | | | $ | 38,789 | | | ||||||||||||||||||||||||||||||||||||||||||||||||||
| | | | | | | | | | | | | | | | | | | | | | | 1,234(3) | | | | $ | 117,316 | | | ||||||||||||||||||||||||||||||||||||||||||||||||||
| | | | | | | | | | | | | 408(4) | | | | $ | 38,789 | | | | | | | | | | | | | ||||||||||||||||||||||||||||||||||||||||||||||||||
| | | | | | | | | | | | | 1,234(5) | | | | $ | 117,316 | | | | | | | | | | | | | ||||||||||||||||||||||||||||||||||||||||||||||||||
| | | | | | | | | | | | | 1,051(6) | | | | $ | 99,919 | | | | | | | | | | | | | ||||||||||||||||||||||||||||||||||||||||||||||||||
| | | | | | | | | | | | | 1,795(7) | | | | $ | 170,651 | | | | | | | | | | | | | ||||||||||||||||||||||||||||||||||||||||||||||||||
Craig Pommels | | | | | | | | | | | | | | | | | | | | | | | | | 1,322(1) | | | | $ | 125,683 | | | ||||||||||||||||||||||||||||||||||||||||||||||||
| | | | | | | | | | | | | 1,322(6) | | | | $ | 125,683 | | | | | | | | | | | | | ||||||||||||||||||||||||||||||||||||||||||||||||||
| | | | | | | | | | | | | 3,929(8) | | | | $ | 373,530 | | | | | | | | | | | | | ||||||||||||||||||||||||||||||||||||||||||||||||||
Richard M. Wolfson | | | | | | | | | | | | | | | | | | | | | | | | | 2,039(1) | | | | $ | 193,848 | | | ||||||||||||||||||||||||||||||||||||||||||||||||
| | | | | | | | | | | | | | | | | | | | | | | 794(2) | | | | $ | 75,486 | | | ||||||||||||||||||||||||||||||||||||||||||||||||||
| | | | | | | | | | | | | | | | | | | | | | | 2,403(3) | | | | $ | 228,453 | | | ||||||||||||||||||||||||||||||||||||||||||||||||||
| | | | | | | | | | | | | 794(4) | | | | $ | 75,486 | | | | | | | | | | | | | ||||||||||||||||||||||||||||||||||||||||||||||||||
| | | | | | | | | | | | | 2,403(5) | | | | $ | 228,453 | | | | | | | | | | | | | ||||||||||||||||||||||||||||||||||||||||||||||||||
| | | | | | | | | | | | | 2,039(6) | | | | $ | 193,848 | | | | | | | | | | | | | ||||||||||||||||||||||||||||||||||||||||||||||||||
Jennifer L. Tate | | | | | | | | | | | | | | | | | | | | | | | | | 1,520(1) | | | | $ | 144,506 | | | ||||||||||||||||||||||||||||||||||||||||||||||||
| | | | | | | | | | | | | | | | | | | | | | | 1,780(3) | | | | $ | 169,225 | | | ||||||||||||||||||||||||||||||||||||||||||||||||||
| | | | | | | | | | | | | 1,780(5) | | | | $ | 169,225 | | | | | | | | | | | | | ||||||||||||||||||||||||||||||||||||||||||||||||||
| | | | | | | | | | | | | 1,520(6) | | | | $ | 144,506 | | | | | | | | | | | | | ||||||||||||||||||||||||||||||||||||||||||||||||||
| | | | | | | | | | | | | 3,000(9) | | | | $ | 285,210 | | | | | | | | | | | | | ||||||||||||||||||||||||||||||||||||||||||||||||||
Craig A. Pommells | | | | | | | | | | | | | | | | | | | | | | | | | 3,405(1) | | | | $ | 319,219 | | | ||||||||||||||||||||||||||||||||||||||||||||||||
| | | | | | | | | | | | | | | | | | | | | | | 1,322(2) | | | | $ | 123,938 | | | ||||||||||||||||||||||||||||||||||||||||||||||||||
| | | | | | | | | | | | | 881(4) | | | | $ | 82,594 | | | | | | | | | | | | | ||||||||||||||||||||||||||||||||||||||||||||||||||
| | | | | | | | | | | | | 3,405(5) | | | | $ | 319,219 | | | | | | | | | | | | | ||||||||||||||||||||||||||||||||||||||||||||||||||
| | | | | | | | | | | | | 3,929(6) | | | | $ | 368,344 | | | | | | | | | | | | | ||||||||||||||||||||||||||||||||||||||||||||||||||
| | | | | | | | | | | | | 19,368(7) | | | | $ | 1,815,750 | | | | | | | | | | | | | ||||||||||||||||||||||||||||||||||||||||||||||||||
Cammie Spillyards-Schaefer | | | | | | | | | | | | | | | | | | | | | | | | | 2,054(1) | | | | $ | 192,563 | | | ||||||||||||||||||||||||||||||||||||||||||||||||
| | | | | | | | | | | | | | | | | | | | | | | 530(2) | | | | $ | 49,688 | | | ||||||||||||||||||||||||||||||||||||||||||||||||||
| | | | | | | | | | | | | 353(4) | | | | $ | 33,094 | | | | | | | | | | | | | ||||||||||||||||||||||||||||||||||||||||||||||||||
| | | | | | | | | | | | | 2,054(5) | | | | $ | 192,563 | | | | | | | | | | | | | ||||||||||||||||||||||||||||||||||||||||||||||||||
| | | | | | | | | | | | | 1,000(8) | | | | $ | 93,750 | | | | | | | | | | | | | ||||||||||||||||||||||||||||||||||||||||||||||||||
| | | | | | | | | | | | | 9,684(9) | | | | $ | 907,875 | | | | | | | | | | | | | ||||||||||||||||||||||||||||||||||||||||||||||||||
Laura A. Daily | | | | | | | | | | | | | | | | | | | | | | | | | 1,456(1) | | | | $ | 138,422 | | | | | | | | | | | | | | | | | | | | | | | | | | | 2,208(1) | | | | $ | 207,000 | | | ||||||||||||||||
| | | | | | ��� | | | | | | | | | | | | | | | | | | 408(2) | | | | $ | 38,789 | | | | | | | | | | | | | | | | | | | | | | | | | | 1,456(2) | | | | $ | 136,500 | | | ||||||||||||||||||
| | | | | | | | | | | | | | | | | | | | | | | 1,646(3) | | | | $ | 156,485 | | | | | | | | | | | | | | | | 1,646(3) | | | | $ | 154,313 | | | | | | | | | | | | | |||||||||||||||||||
| | | | | | | | | | | | | 408(4) | | | | $ | 38,789 | | | | | | | | | | | | | | | | | | | | | | | | | | 971(4) | | | | $ | 91,031 | | | | | | | | | | | | | |||||||||||||||||||
| | | | | | | | | | | | | 1,646(5) | | | | $ | 156,485 | | | | | | | | | | | | | | | | | | | | | | | | | | 2,208(5) | | | | $ | 207,000 | | | | | | | | | | | | | |||||||||||||||||||
| | | | | | | | | | | | | 1,456(6) | | | | $ | 138,422 | | | | | | | | | | | | | | | | | | | | | | | | | | 2,500(10) | | | | $ | 234,375 | | | | | | | | | | | | | |||||||||||||||||||
| | | | | | | | | | | | | 2,500(10) | | | | $ | 237,675 | | | | | | | | | | | | | | | | | | | | | | | | | | 7,263(11) | | | | $ | 680,906 | | | | | | | | | | | | | |||||||||||||||||||
Richard M. Wolfson | | | | | | | | | | | | | | | | | | | | | | | | | 3,081(1) | | | | $ | 288,844 | | | ||||||||||||||||||||||||||||||||||||||||||||||||
| | | | | | | | | | | | | | | | | | | | | | | 2,039(2) | | | | $ | 191,156 | | | ||||||||||||||||||||||||||||||||||||||||||||||||||
| | | | | | | | | | | | | 2,403(3) | | | | $ | 225,281 | | | | | | | | | | | | | ||||||||||||||||||||||||||||||||||||||||||||||||||
| | | | | | | | | | | | | 1,359(4) | | | | $ | 127,406 | | | | | | | | | | | | | ||||||||||||||||||||||||||||||||||||||||||||||||||
| | | | | | | | | | | | | 3,081(5) | | | | $ | 288,844 | | | | | | | | | | | | |
| | Stock Awards | | | Stock Awards | | ||||||||||||||||||||
Name | | Number of Shares Acquired On Vesting (#) | | Value Realized on Vesting ($)(1) | | | Number of Shares Acquired On Vesting (#) | | Value Realized on Vesting ($)(1) | | ||||||||||||||||
Sandra B. Cochran | | | | 26,824 | | | | $ | 3,718,610 | | | | | | 37,915 | | | | $ | 3,654,547 | | | ||||
P. Douglas Couvillion | | | | 3,430 | | | | $ | 433,749 | | | |||||||||||||||
Craig Pommells | | | | 0 | | | | $ | 0 | | | |||||||||||||||
Craig A. Pommells | | | | 441 | | | | $ | 40,828 | | | |||||||||||||||
Cammie Spillyards-Schaefer | | | | 1,177 | | | | $ | 122,547 | | | |||||||||||||||
Laura A. Daily | | | | 2,947 | | | | $ | 281,993 | | | |||||||||||||||
Richard M. Wolfson | | | | 8,091 | | | | $ | 1,152,749 | | | | | | 4,671 | | | | $ | 450,266 | | | ||||
Jennifer L. Tate | | | | 0 | | | | $ | 0 | | | |||||||||||||||
Laura A. Daily | | | | 1,716 | | | | $ | 237,918 | | |
Plan category | | | Number of securities to be issued upon exercise of outstanding options, warrants and rights | | | Weighted-average exercise price of outstanding options, warrants and rights | | | Number of securities remaining available for future issuance under equity compensation plans (excluding securities reflected in column (a)) | | ||||||
| | | (a) | | | (b) | | | (c) | | ||||||
Equity compensation plans approved by security holders | | | Options | | | | | | | | | | | | | |
| Full Value — | | | | | — | | | | | | | | |||
Equity compensation plans not approved by security holders | | | Options — 0 | | | | | — | | | | | | | | |
| Full Value — 0 | | | | | — | | | | | | — | | | ||
| | | Options — 0 | | | | | — | | | | | | — | | |
Total | | | Full Value — | | | | | — | | | | | | | |
Name | | Aggregate Balance at Beginning FYE ($) | | Executive Contributions in Last FY($)(1) | | Registrant Contributions in Last FY($)(2) | | Aggregate Earnings in Last FY($)(3) | | Aggregate Withdrawals/ Distributions($) | | Aggregate Balance at Last FYE($)(4) | | | Aggregate Balance at Beginning FYE ($) | | Executive Contributions in Last FY ($)(1) | | Registrant Contributions in Last FY ($)(2) | | Aggregate Earnings in Last FY ($)(3) | | Aggregate Withdrawals/ Distributions ($) | | Aggregate Balance at Last FYE ($)(4) | | ||||||||||||||||||||||||||||||||||||||||||||||||
Sandra B. Cochran | | | $ | 3,105,425 | | | | $ | 178,313 | | | | $ | 43,232 | | | | -$ | 317,321 | | | | $ | 0 | | | | $ | 3,009,648 | | | | | $ | 3,009,648 | | | | $ | 94,264 | | | | $ | 22,183 | | | | $ | 300,445 | | | | $ | 0 | | | | $ | 3,426,541 | | | ||||||||||||
P. Douglas Couvillion | | | $ | 2,155,782 | | | | $ | 51,396 | | | | $ | 5,975 | | | | -$ | 193,602 | | | | $ | 0 | | | | $ | 2,019,550 | | | |||||||||||||||||||||||||||||||||||||||||||
Craig Pommells | | | $ | 0 | | | | $ | 0 | | | | $ | 0 | | | | $ | 0 | | | | $ | 0 | | | | $ | 0 | | | |||||||||||||||||||||||||||||||||||||||||||
Craig A. Pommells | | | $ | 0 | | | | $ | 16,575 | | | | $ | 2,763 | | | | $ | 1,950 | | | | $ | 0 | | | | $ | 21,287 | | | |||||||||||||||||||||||||||||||||||||||||||
Cammie Spillyards-Schaefer | | | $ | 67,343 | | | | $ | 17,383 | | | | $ | 4,346 | | | | $ | 7,101 | | | | $ | 0 | | | | $ | 96,173 | | | |||||||||||||||||||||||||||||||||||||||||||
Laura A. Daily | | | $ | 130,665 | | | | $ | 0 | | | | $ | 0 | | | | $ | 5,765 | | | | $ | 0 | | | | $ | 136,430 | | | |||||||||||||||||||||||||||||||||||||||||||
Richard M. Wolfson | | | $ | 187,676 | | | | $ | 50,467 | | | | $ | 9,466 | | | | -$ | 26,362 | | | | $ | 0 | | | | $ | 221,247 | | | | | $ | 221,247 | | | | $ | 34,363 | | | | $ | 5,487 | | | | $ | 22,866 | | | | $ | 0 | | | | $ | 283,963 | | | ||||||||||||
Jennifer L. Tate | | | $ | 0 | | | | $ | 14,875 | | | | $ | 1,815 | | | | -$ | 1,595 | | | | $ | 0 | | | | $ | 15,095 | | | |||||||||||||||||||||||||||||||||||||||||||
Laura A. Daily | | | $ | 144,497 | | | | $ | 0 | | | | $ | 0 | | | | -$ | 13,832 | | | | $ | 0 | | | | $ | 130,665 | | |
Name | | Termination for Cause(1) | | Death or Disability(1)(2) | | Retirement(3) | | Involuntary Termination (without cause or for good reason) before CIC(1)(2) | | Involuntary Termination (without cause or for good reason) after CIC(1)(2) | | | Termination for Cause(1) | | Death or Disability(1)(2) | | Retirement(3) | | Involuntary Termination (without cause or for good reason) before CIC(1)(2) | | Involuntary Termination (without cause or for good reason) after CIC(1)(2) | | ||||||||||||||||||||||||||||||||||||||||
Sandra B. Cochran | | | $ | 0 | | | | $ | 7,096,412 | | | | $ | 10,132,725 | | | | $ | 15,451,094 | | | | $ | 18,094,844 | | | | | $ | 0 | | | | $ | 7,651,666 | | | | $ | 0 | | | | $ | 17,747,551 | | | | $ | 20,802,551 | | | ||||||||||
P. Doug Couvillion | | | $ | 0 | | | | $ | 759,925 | | | | $ | 0 | | | | $ | 392,000 | | | | $ | 2,346,843 | | | ||||||||||||||||||||||||||||||||||||
Craig Pommells | | | $ | 0 | | | | $ | 375,720 | | | | $ | 0 | | | | $ | 475,000 | | | | $ | 2,251,900 | | | ||||||||||||||||||||||||||||||||||||
Craig A. Pommells | | | $ | 0 | | | | $ | 1,461,059 | | | | $ | 0 | | | | $ | 510,000 | | | | $ | 5,372,457 | | | ||||||||||||||||||||||||||||||||||||
Cammie Spillyards-Schaefer | | | $ | 0 | | | | $ | 818,576 | | | | $ | 0 | | | | $ | 400,000 | | | | $ | 3,180,675 | | | ||||||||||||||||||||||||||||||||||||
Laura A. Daily | | | $ | 0 | | | | $ | 1,145,107 | | | | $ | 0 | | | | $ | 430,000 | | | | $ | 3,594,887 | | | ||||||||||||||||||||||||||||||||||||
Richard M. Wolfson | | | $ | 0 | | | | $ | 1,000,750 | | | | $ | 0 | | | | $ | 475,000 | | | | $ | 3,004,968 | | | | | $ | 0 | | | | $ | 1,041,162 | | | | $ | 0 | | | | $ | 500,000 | | | | $ | 3,252,272 | | | ||||||||||
Jennifer L. Tate | | | $ | 0 | | | | $ | 822,851 | | | | $ | 0 | | | | $ | 425,000 | | | | $ | 2,577,281 | | | ||||||||||||||||||||||||||||||||||||
Laura A. Daily | | | $ | 0 | | | | $ | 786,447 | | | | $ | 0 | | | | $ | 407,000 | | | | $ | 2,620,560 | | |
Name | | | Fees Earned or Paid in Cash | | | Stock Awards(1)(2) | | | Option Awards | | | Change in Pension Value and Nonqualified Deferred Compensation Earnings | | | All Other Compensation(3) | | | Total | | |||||||||||||||
Carl T. Berquist | | | | $ | 86,375 | | | | | $ | 119,901 | | | | | | | | $ | 2,670 | | | | | $ | 8,184 | | | | | $ | 217,130 | | |
Thomas H. Barr | | | | $ | 74,500 | | | | | $ | 119,901 | | | | | | | | $ | 0 | | | | | $ | 4,308 | | | | | $ | 198,710 | | |
Meg G. Crofton | | | | $ | 78,250 | | | | | $ | 119,901 | | | | | | | | $ | 12 | | | | | $ | 8,184 | | | | | $ | 206,348 | | |
Gilbert R. Dávila | | | | $ | 74,500 | | | | | $ | 119,901 | | | | | | | | $ | 0 | | | | | $ | 4,308 | | | | | $ | 198,710 | | |
Norman Johnson(4) | | | | $ | 31,454 | | | | | $ | 0 | | | | | | | | $ | 0 | | | | | $ | 1,028 | | | | | $ | 32,482 | | |
William W. McCarten | | | | $ | 105,000 | | | | | $ | 184,913 | | | | | | | | $ | 0 | | | | | $ | 6,695 | | | | | $ | 296,608 | | |
Coleman H. Peterson | | | | $ | 82,625 | | | | | $ | 119,901 | | | | | | | | $ | 1,038 | | | | | $ | 8,184 | | | | | $ | 211,749 | | |
Andrea M. Weiss | | | | $ | 81,750 | | | | | $ | 119,901 | | | | | | | | $ | 15,232 | | | | | $ | 8,184 | | | | | $ | 225,067 | | |
Gisel Ruiz | | | | $ | 75,625 | | | | | $ | 119,901 | | | | | | | | $ | 0 | | | | | $ | 4,308 | | | | | $ | 199,835 | | |
Darryl L. (“Chip”) Wade | | | | $ | 75,625 | | | | | $ | 119,901 | | | | | | | | $ | 0 | | | | | $ | 3,809 | | | | | $ | 199,335 | | |
Name | | | Fees Earned or Paid in Cash | | | Stock Awards(1), (2) | | | Option Awards | | | Change in Pension Value and Nonqualified Deferred Compensation Earnings | | | All Other Compensation(3) | | | Total | | |||||||||||||||
Thomas Barr | | | | $ | 102,500 | | | | | $ | 139,961 | | | | | | | | $ | 0 | | | | | $ | 5,812 | | | | | $ | 248,273 | | |
Carl Berquist | | | | $ | 120,000 | | | | | $ | 139,961 | | | | | | | | $ | 2,863 | | | | | $ | 5,812 | | | | | $ | 268,636 | | |
Jody Bilney | | | | $ | 63,000 | | | | | $ | 139,961 | | | | | | | | $ | 0 | | | | | $ | 4,719 | | | | | $ | 207,680 | | |
Meg Crofton | | | | $ | 110,000 | | | | | $ | 139,961 | | | | | | | | $ | 40 | | | | | $ | 5,812 | | | | | $ | 255,813 | | |
Gilbert Dávila | | | | $ | 102,500 | | | | | $ | 139,961 | | | | | | | | $ | 0 | | | | | $ | 5,812 | | | | | $ | 248,273 | | |
William McCarten | | | | $ | 145,000 | | | | | $ | 204,967 | | | | | | | | $ | 0 | | | | | $ | 8,597 | | | | | $ | 358,564 | | |
William Moreton | | | | $ | 51,389 | | | | | $ | 134,167 | | | | | | | | $ | 0 | | | | | $ | 5,292 | | | | | $ | 190,848 | | |
Coleman Peterson | | | | $ | 115,000 | | | | | $ | 139,961 | | | | | | | | $ | 774 | | | | | $ | 5,812 | | | | | $ | 261,547 | | |
Gisel Ruiz | | | | $ | 104,000 | | | | | $ | 139,961 | | | | | | | | $ | 0 | | | | | $ | 5,812 | | | | | $ | 249,773 | | |
Darryl “Chip” Wade | | | | $ | 104,000 | | | | | $ | 139,961 | | | | | | | | $ | 0 | | | | | $ | 5,812 | | | | | $ | 249,773 | | |
Andrea Weiss | | | | $ | 111,500 | | | | | $ | 139,961 | | | | | | | | $ | 11,861 | | | | | $ | 5,812 | | | | | $ | 269,134 | | |
| | | | | | | | | | | | | | | | | | | | | | | | | | | Value of Initial Fixed $100 Investment Based on:(4) | | | | | | | | | | | | | | |||||||||
Year(1) | | | Summary Compensation Table Total for PEO(2)(7) | | | Compensation Actually Paid to PEO(2) | | | Average Summary Compensation Table Total for Non-PEO NEOs(2)(7) | | | Average Compensation Actually Paid to Non-PEO NEOs(3) | | | Cracker Barrel Total Shareholder Return | | | Peer Group Total Shareholder Return(5) | | | GAAP Net Income ($mil.) | | | Adjusted(6) Operating Income ($mil.) | | ||||||||||||||||||||||||
FY2023 | | | | $ | 8,271,679 | | | | | $ | 6,097,940 | | | | | $ | 2,324,897 | | | | | $ | 1,996,219 | | | | | $ | 95 | | | | | $ | 150 | | | | | $ | 99.1 | | | | | $ | 150.4 | | |
FY2022 | | | | $ | 6,964,276 | | | | | $ | 2,980,818 | | | | | $ | 1,207,463 | | | | | $ | 820,067 | | | | | $ | 92 | | | | | $ | 121 | | | | | $ | 131.9 | | | | | $ | 165.7 | | |
FY2021 | | | | $ | 7,581,053 | | | | | $ | 9,767,161 | | | | | $ | 1,086,754 | | | | | $ | 1,126,540 | | | | | $ | 125 | | | | | $ | 142 | | | | | $ | 254.5 | | | | | $ | 166.8 | | |
| | | Fiscal Year 2023 | | | Fiscal Year 2022 | | | Fiscal Year 2021 | | |||||||||||||||||||||||||||
| | | PEO | | | Average Non-PEO NEOs | | | PEO | | | Average Non-PEO NEOs | | | PEO | | | Average Non-PEO NEOs | | ||||||||||||||||||
Summary Compensation Table Total | | | | $ | 8,271,679 | | | | | $ | 2,324,897 | | | | | $ | 6,964,276 | | | | | $ | 1,207,463 | | | | | $ | 7,581,053 | | | | | $ | 1,086,754 | | |
Minus Change in Pension Value Reported in SCT for the Fiscal Year | | | | $ | 0 | | | | | $ | 0 | | | | | $ | 0 | | | | | $ | 0 | | | | | $ | 0 | | | | | $ | 0 | | |
Plus Pension Value Service Cost for the Fiscal Year | | | | $ | 0 | | | | | $ | 0 | | | | | $ | 0 | | | | | $ | 0 | | | | | $ | 0 | | | | | $ | 0 | | |
Minus Stock Award Value & Option Award Value Reported in SCT for the Fiscal Year | | | | $ | 4,985,393 | | | | | $ | 1,492,391 | | | | | $ | 4,878,994 | | | | | $ | 674,621 | | | | | $ | 4,481,208 | | | | | $ | 395,210 | | |
Plus Year End Fair Value of Equity Awards Granted During the Covered Year that Remain Outstanding and Unvested as of Last Day of the Fiscal Year | | | | $ | 2,828,906 | | | | | $ | 1,149,961 | | | | | $ | 2,957,590 | | | | | $ | 416,251 | | | | | $ | 5,296,857 | | | | | $ | 492,645 | | |
Plus Year over Year Change in Fair Value as of the Last Day of the Fiscal Year of Outstanding and Unvested Equity Awards Granted in Prior Fiscal Years | | | | $ | (67,220) | | | | | $ | (7,090) | | | | | $ | (2,127,771) | | | | | $ | (182,339) | | | | | $ | 1,020,327 | | | | | $ | 82,385 | | |
Plus Fair Value as of Vesting Date of Equity Awards Granted and Vested in the Fiscal Year | | | | $ | 0 | | | | | $ | 15,854 | | | | | $ | 0 | | | | | $ | 41,473 | | | | | $ | 0 | | | | | $ | 0 | | |
Plus Year over Year Change in Fair Value as of the Vesting Date of Equity Awards Granted in Prior Fiscal Years that Vested During the Fiscal Year | | | | $ | 49,968 | | | | | $ | 4,988 | | | | | $ | 65,717 | | | | | $ | 11,841 | | | | | $ | 350,132 | | | | | $ | 21,032 | | |
Minus Fair Value at the End of the Prior Year of Equity Awards that Failed to Meet Vesting Conditions in the Fiscal Year (including equity forfeited) | | | | $ | 0 | | | | | $ | 0 | | | | | $ | 0 | | | | | $ | 0 | | | | | $ | 0 | | | | | $ | 161,065 | | |
Plus Value of Dividends or other Earnings Paid on Stock or Option Awards Not Otherwise Reflected in Fair Value or Total Compensation for the Fiscal Year | | | | $ | 0 | | | | | $ | 0 | | | | | $ | 0 | | | | | $ | 0 | | | | | $ | 0 | | | | | $ | 0 | | |
Compensation Actually Paid | | | | $ | 6,097,940 | | | | | $ | 1,996,219 | | | | | $ | 2,980,818 | | | | | $ | 820,067 | | | | | $ | 9,767,161 | | | | | $ | 1,126,540 | | |
| Adjusted Operating Income (CSM) | |
| Adjusted EBITDA | |
| Total Shareholder Return | |
Name and Address of Beneficial Owner | | | Amount and Nature of Beneficial Ownership | | | Percent of Class | | |||||||||
BlackRock, Inc. 55 East 52nd Street New York, New York 10055 | | | 2,524,760(1) | | | | ||||||||||
100 Vanguard Boulevard Malvern, Pennsylvania 19355 | | | ||||||||||||||
| | | ||||||||||||||
Sardar Biglari 17802 IH 10 West, Suite 400 San Antonio, Texas 78257 | | | 2,055,141(3) | | | | ||||||||||
EARNEST Partners, LLC 1180 Peachtree Street NE, Suite 2300 Atlanta, Georgia 30309 | | | 1,908,956(4) | | | |
Name of Beneficial Owner | | Shares Beneficially Owned(1)(2) | | Percent of Class | | | Shares Beneficially Owned(1)(2) | | Percent of Class | | ||||||||||||||||
Thomas H. Barr | | | | 8,912 | | | | | * | | | | | | 10,122 | | | | | * | | | ||||
Carl T. Berquist | | | | 5,891 | | | | | * | | | | | | 7,101 | | | | | * | | | ||||
Jody L. Bilney | | | | 0 | | | | | * | | | | | | 1,383 | | | | | * | | | ||||
Sandra B. Cochran | | | | 177,046 | | | | | * | | | | | | 196,812 | | | | | * | | | ||||
P. Douglas Couvillion | | | | 9,982 | | | | | * | | | |||||||||||||||
Meg G. Crofton | | | | 3,900 | | | | | * | | | | | | 5,110 | | | | | * | | | ||||
Laura A. Daily | | | | 11,226 | | | | | * | | | | | | 13,017 | | | | | * | | | ||||
Gilbert R. Dávila | | | | 2,008 | | | | | * | | | | | | 3,218 | | | | | * | | | ||||
Julie Masino | | | | 0 | | | | | * | | | |||||||||||||||
William W. McCarten | | | | 11,295 | | | | | * | | | | | | 13,067 | | | | | * | | | ||||
William Moreton | | | | 1,357 | | | | | * | | | |||||||||||||||
Coleman H. Peterson | | | | 10,005 | | | | | * | | | | | | 11,215 | | | | | * | | | ||||
Craig Pommells | | | | 441 | | | | | * | | | | | | 1,829 | | | | | * | | | ||||
Gisel Ruiz | | | | 1,795 | | | | | * | | | | | | 3,005 | | | | | * | | | ||||
Jennifer L. Tate | | | | 2,287 | | | | | * | | | |||||||||||||||
Cammie Spillyards-Schaefer | | | | 2,621 | | | | | * | | | |||||||||||||||
Darryl L. (“Chip”) Wade | | | | 1,248 | | | | | * | | | | | | 2,458 | | | | | * | | | ||||
Andrea M. Weiss | | | | 55,785 | | | | | * | | | | | | 12,448 | | | | | * | | | ||||
Richard M. Wolfson | | | | 11,551 | | | | | * | | | | | | 14,017 | | | | | * | | | ||||
All executive officers and directors as a group (18 persons) | | | | 319,229 | | | | | 1.4% | | | |||||||||||||||
All executive officers and directors as a group (20 persons) | | | | 304,687 | | | | | 1.4% | | |
Name of Beneficial Owner | | | Number of Shares | | |||
Thomas H. Barr | | | | | | | |
Carl T. Berquist | | | | | | | |
Jody L. Bilney | | | | | 1,210 | | |
Sandra B. Cochran | | | | | |||
| | ||||||
Meg G. Crofton | | | | | | | |
Laura A. Daily | | | | | | | |
Gilbert R. Dávila | | | | | 1,210 | | |
Julie Masino | | | | | 0 | | |
William W. McCarten | | | | | | | |
William Moreton | | | | | 1,357 | | |
Name of Beneficial Owner | | | Number of Shares | | |||
Coleman H. Peterson | | | | | | | |
Craig Pommells | | | | | | | |
Gisel Ruiz | | | | | | |
| | | | | | ||
Darryl L. (“Chip”) Wade | | | | | | | |
Andrea M. Weiss | | | | | | | |
Richard M. Wolfson | | | | | | | |
All executive officers and directors as a group | | | | | | |
| | Female | | Male | | Non-Binary | | Did Not Disclose Gender | | | Female | | Male | | Non-Binary | | Did Not Disclose Gender | | ||||||||||||||||||||||||||||||||
Part I: Gender Identity | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | ||||||||
Directors | | | | 5 | | | | | 6 | | | | | 0 | | | | | 0 | | | | | | 5 | | | | | 7 | | | | | 0 | | | | | 0 | | | ||||||||
Part II: Demographic Background | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | ||||||||
African American or Black | | | | 0 | | | | | 2 | | | | | 0 | | | | | 0 | | | | | | 0 | | | | | 2 | | | | | 0 | | | | | 0 | | | ||||||||
Alaskan Native or Native American | | | | 0 | | | | | 0 | | | | | 0 | | | | | 0 | | | | | | 0 | | | | | 0 | | | | | 0 | | | | | 0 | | | ||||||||
Asian | | | | 0 | | | | | 0 | | | | | 0 | | | | | 0 | | | | | | 0 | | | | | 0 | | | | | 0 | | | | | 0 | | | ||||||||
Hispanic or Latinx | | | | 1 | | | | | 1 | | | | | 0 | | | | | 0 | | | | | | 1 | | | | | 1 | | | | | 0 | | | | | 0 | | | ||||||||
Native Hawaiian or Pacific Islander | | | | 0 | | | | | 0 | | | | | 0 | | | | | 0 | | | | | | 0 | | | | | 0 | | | | | 0 | | | | | 0 | | | ||||||||
White | | | | 4 | | | | | 3 | | | | | 0 | | | | | 0 | | | | | | 4 | | | | | 4 | | | | | 0 | | | | | 0 | | | ||||||||
Two or More Races or Ethnicities | | | | 0 | | | | | 0 | | | | | 0 | | | | | 0 | | | | | | 0 | | | | | 0 | | | | | 0 | | | | | 0 | | | ||||||||
Did Not Disclose Demographic Data | | | | 0 | | | | | 0 | | | | | 0 | | | | | 0 | | | | | | 0 | | | | | 0 | | | | | 0 | | | | | 0 | | |
Service | | Aggregate Fees Billed for FY 2022 | | Aggregate Fees Billed for FY 2021 | | | Aggregate Fees Billed for FY 2023 | | Aggregate Fees Billed for FY 2022 | | ||||||||||||||||
Audit Fees(1) | | | $ | 927,569 | | | | $ | 1,148,267 | | | | | $ | 1,049,174 | | | | $ | 927,569 | | | ||||
Audit-Related Fees | | | $ | 0 | | | | $ | 0 | | | | | $ | 0 | | | | $ | 0 | | | ||||
Tax Fees | | | $ | 0 | | | | $ | 239,800 | | | | | $ | 0 | | | | $ | 0 | | | ||||
All Other Fees | | | $ | 1,895 | | | | $ | 1,895 | | | | | $ | 1,895 | | | | $ | 1,895 | | | ||||
Total Fees | | | $ | 929,464 | | | | $ | 1,389,962 | | | | | $ | 1,051,069 | | | | $ | 929,464 | | |
| | | Twelve Months Ended July 28, 2023 | | | Twelve Months Ended July 29, 2022 | | ||||||||||||||||||||||||||||||
| | | As Reported | | | Adjustments(1)(2)(3) | | | As Adjusted | | | As Reported | | | Adjustments(1) | | | As Adjusted | | ||||||||||||||||||
Total Revenue | | | | $ | 3,442,808 | | | | | $ | 0 | | | | | $ | 3,442,808 | | | | | $ | 3,267,786 | | | | | $ | 0 | | | | | $ | 3,267,786 | | |
Store operating expense | | | | | 3,134,101 | | | | | | (12,735) | | | | | | 3,121,366 | | | | | | 2,957,350 | | | | | | (12,735) | | | | | | 2,944,615 | | |
General and administrative expense | | | | | 174,091 | | | | | | (3,198) | | | | | | 170,893 | | | | | | 157,433 | | | | | | 0 | | | | | | 157,433 | | |
Impairment and store closing costs | | | | | 13,999 | | | | | | (13,890) | | | | | | 109 | | | | | | 0 | | | | | | 0 | | | | | | 0 | | |
Operating income | | | | | 120,617 | | | | | | 29,823 | | | | | | 150,440 | | | | | | 153,003 | | | | | | 12,735 | | | | | | 165,738 | | |
Interest expense | | | | | 17,006 | | | | | | 0 | | | | | | 17,006 | | | | | | 9,620 | | | | | | 0 | | | | | | 9,620 | | |
Income before income taxes | | | | | 103,611 | | | | | | 29,823 | | | | | | 133,434 | | | | | | 143,383 | | | | | | 12,735 | | | | | | 156,118 | | |
Provision for income taxes | | | | | 4,561 | | | | | | 7,008 | | | | | | 11,569 | | | | | | 11,503 | | | | | | 2,993 | | | | | | 14,496 | | |
Net income | | | | $ | 99,050 | | | | | $ | 22,815 | | | | | $ | 121,865 | | | | | $ | 131,880 | | | | | $ | 9,742 | | | | | $ | 141,622 | | |
| | | Twelve Months Ended July 30, 2021 | | |||||||||||||||
| | | As Reported | | | Adjustments(1)(2)(3)(4)(5) | | | As Adjusted | | |||||||||
Total Revenue | | | | $ | 2,821,444 | | | | | $ | 0 | | | | | | 2,821,444 | | |
Store operating expense | | | | | 2,524,682 | | | | | | (12,735) | | | | | | 2,511,947 | | |
General and administrative expense | | | | | 147,825 | | | | | | (5,154) | | | | | | 142,671 | | |
Gain on sale and leaseback transactions | | | | | (217,722) | | | | | | 217,722 | | | | | | 0 | | |
Operating income | | | | | 366,659 | | | | | | (199,833) | | | | | | 166,826 | | |
Interest expense | | | | | 56,108 | | | | | | (18,852) | | | | | | 37,256 | | |
Income before income taxes | | | | | 310,551 | | | | | | (180,981) | | | | | | 129,570 | | |
Provision for income taxes | | | | | 56,038 | | | | | | (48,582) | | | | | | 7,456 | | |
Net income | | | | $ | 254,513 | | | | | $ | (132,399) | | | | | $ | 122,114 | | |