Buffalo Wild Wings, Inc. 2007 Executive Officer Compensation Arrangements

Contract Categories: Human Resources › Compensation Agreements
Summary

Buffalo Wild Wings, Inc. has set the 2007 base salaries and restricted stock unit grants for its executive officers, including the CEO, CFO, and other senior leaders. The agreement outlines each officer’s annual salary and the number of restricted stock units granted, which vest in thirds each year if the company meets 95% of its earnings target. Executives also participate in standard company benefit plans such as 401(k), medical, and disability plans. These arrangements are part of the company’s overall compensation program for top management.

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EX-10.23 5 a5352611ex1023.txt EXHIBIT 10.23 EXHIBIT 10.23 EXECUTIVE OFFICER COMPENSATION ARRANGEMENTS FOR FISCAL YEAR 2005 The Buffalo Wild Wings, Inc. Compensation Committee set the 2007 fiscal year base salaries and restricted stock unit grants for the executive officers. In addition, the executive officers participate in our 401(k) plan and medical and disability plans, as well as other compensatory plans, contracts and arrangements which are filed as exhibits to our Form 10-K for the year ended December 31, 2006.
2007 Annual 2007 Restricted Executive Officer and Title Base Salary Stock Units* Sally J. Smith $500,000 9,398 Chief Executive Officer and President Mary J. Twinem $315,000 5,921 Executive Vice President, Chief Financial Officer and Treasurer James M. Schmidt $235,000 4,417 Executive Vice President and General Counsel Judith A. Shoulak $255,000 3,835 Senior Vice President, Operations Kathleen M. Benning $224,000 3,368 Senior Vice President, Marketing and Brand Development Emil Lee Sanders $218,000 3,233 Senior Vice President, Development and Franchising Craig W. Donoghue $197,000 2,962 Senior Vice President, Information Systems Linda G. Traylor $225,000 3,383 Senior Vice President, Human Resources
*These restricted stock units were granted as of January 1, 2007 and vest to the extent of 33-1/3% on the last day of each fiscal year, and the risks of forfeiture lapse as to such increment if the Company achieves 95% of the earnings target established by the Board of Directors. 65