>This is really a non-event.
let them eat cake!
thanks, donald; i already regret posting the info. it was more of a
glib response to "what's going on today?"
as i posted, "please don't take this as alarmist."
for the benefit of the rest of the board, i've culled a few of the
most recent numbers i could find on ownership (20 march 98). indeed,
they're option'd to the gills. check out those footnotes too.
(for the record, FMR Corp. is fidelity.)
NUMBER OF
SHARES PERCENT OF
BENEFICIALLY OUTSTANDING
NAME OF BENEFICIAL OWNER OWNED(1) SHARES
- ------------------------ ------------ -----------
Richard J. Egan(2)................................... 6,117,600 1.2%
Maureen E. Egan(3)................................... 1,010,002 **
Michael J. Cronin.................................... 6,000 **
John F. Cunningham................................... 36,000 **
John R. Egan*(4)..................................... 1,424,300 **
W. Paul Fitzgerald(5)................................ 100,371 **
Raymond Fortune(6)................................... 42,098 **
Michael A. Klayko(7)................................. 41,150 **
Joseph F. Oliveri*................................... 53,400 **
Michael C. Ruettgers*(8)............................. 1,161,210 **
FMR Corp.(9)......................................... 40,503,272 8.1
Putnam Investments, Inc.(10)......................... 25,287,942 5.1
All directors and executive officers as a group (13
persons)(11)........................................ 10,419,072 2.1
* Nominee for director
** Less than 1%
(1) Except as otherwise noted, all persons have sole voting and investment
power with respect to their shares. All amounts shown in this column
include shares obtainable upon exercise of stock options exercisable
within 60 days from the date of this table.
(2) Excludes 2,434,302 shares held by Mr. Richard Egan's wife, Maureen E.
Egan, and John R. Egan, as to which Mr. Richard Egan disclaims beneficial
ownership.
(3) Excludes 7,541,900 shares held by Mrs. Egan's husband, Richard J. Egan,
and John R. Egan, as to which Mrs. Egan disclaims beneficial ownership.
SUMMARY COMPENSATION TABLE
ANNUAL LONG TERM
COMPENSATION COMPENSATION
--------------------------------------------- ------------
AWARDS
OTHER ANNUAL ------------ ALL OTHER
NAME AND PRINCIPAL POSITION YEAR SALARY($) BONUS($)(1) COMPENSATION($) OPTIONS(#) COMPENSATION($)
- --------------------------- ---- --------- ----------- --------------- ------------ ---------------
Richard J. Egan.......... 1997 -- 433,334 483,333(6) -- 234,239(7)
Chairman of the Board 1996 105,500 236,400 100,000(6) 2,000,000(8) 291,840(7)
and Director 1995 276,700 366,120 -- -- 319,376(7)
(8) Mr. Egan transferred all of such options to a trust for the benefit of
"immediate family members" as defined in and pursuant to the terms and
conditions of such grants. |
