Comments on: Martha Stewart’s contract made us do it…. http://www.footnoted.org/my-big-fat-deal/martha-stewarts-contract-made-us-do-it%e2%80%a6/ Michelle Leder's guide to what's hiding in SEC filings Tue, 16 Mar 2010 22:19:36 +0000 http://wordpress.org/?v=2.9.2 hourly 1 By: KJ Rodgers http://www.footnoted.org/my-big-fat-deal/martha-stewarts-contract-made-us-do-it%e2%80%a6/comment-page-1/#comment-7542 KJ Rodgers Tue, 17 Feb 2009 15:58:43 +0000 http://www.footnoted.org/?p=3337#comment-7542 I like how she is paid by her company to record her show in her house. I wish I could have been in on that deal. I like how she is paid by her company to record her show in her house. I wish I could have been in on that deal.

]]> By: 1shotrising http://www.footnoted.org/my-big-fat-deal/martha-stewarts-contract-made-us-do-it%e2%80%a6/comment-page-1/#comment-7538 1shotrising Mon, 16 Feb 2009 01:21:07 +0000 http://www.footnoted.org/?p=3337#comment-7538 I'll be looking forward to Martha's upcoming segment on Alpo pâté. I’ll be looking forward to Martha’s upcoming segment on Alpo pâté.

]]> By: Michelle Leder http://www.footnoted.org/my-big-fat-deal/martha-stewarts-contract-made-us-do-it%e2%80%a6/comment-page-1/#comment-7526 Michelle Leder Fri, 13 Feb 2009 23:06:11 +0000 http://www.footnoted.org/?p=3337#comment-7526 Another reader pointed out that the date in the filing for the comp committee meeting -- Feb. 6, 2008 -- has to be a typo. Otherwise, the company would be in violation of SEC rules that require an 8K be filed within four business days. So we'll assume that the meeting was on Feb. 6, 2009. Another reader pointed out that the date in the filing for the comp committee meeting — Feb. 6, 2008 — has to be a typo. Otherwise, the company would be in violation of SEC rules that require an 8K be filed within four business days. So we’ll assume that the meeting was on Feb. 6, 2009.

]]> By: Michelle Leder http://www.footnoted.org/my-big-fat-deal/martha-stewarts-contract-made-us-do-it%e2%80%a6/comment-page-1/#comment-7523 Michelle Leder Fri, 13 Feb 2009 18:26:43 +0000 http://www.footnoted.org/?p=3337#comment-7523 @ Felix: You're right. I was editing Sonya's post this morning and it was my mistake -- not hers. Instead of nothing, I should have said they would receive up to the 15% advanced back in December. @ W. Burl Evans: I believe it has to do with tax and retirement planning rules, but perhaps one of the many attorneys or CPAs who reads footnoted can provide some additional clarity. @TLG: Thanks for the additional perspective on the situation at AT&T. @ Felix: You’re right. I was editing Sonya’s post this morning and it was my mistake — not hers. Instead of nothing, I should have said they would receive up to the 15% advanced back in December.

@ W. Burl Evans: I believe it has to do with tax and retirement planning rules, but perhaps one of the many attorneys or CPAs who reads footnoted can provide some additional clarity.

@TLG: Thanks for the additional perspective on the situation at AT&T.

]]> By: TLG http://www.footnoted.org/my-big-fat-deal/martha-stewarts-contract-made-us-do-it%e2%80%a6/comment-page-1/#comment-7522 TLG Fri, 13 Feb 2009 18:11:20 +0000 http://www.footnoted.org/?p=3337#comment-7522 Randall Stephenson was a poor example. AT&T made billions in profits last year. In 2007, Mr. Stephenson received just under $22 million in compensation. While AT&T made a profit, he has frozen his managers' pay, which usually results in an annual increase from one to three percent, he has also has forced them not to schedule vacations or days off after April, when the union contract exires. Apparently, Mr. Stephenson thinks this is the way to motivate and reward his managers. Look for a "blue" flu to hit AT&T this April. Randall Stephenson was a poor example. AT&T made billions in profits last year. In 2007, Mr. Stephenson received just under $22 million in compensation. While AT&T made a profit, he has frozen his managers’ pay, which usually results in an annual increase from one to three percent, he has also has forced them not to schedule vacations or days off after April, when the union contract exires. Apparently, Mr. Stephenson thinks this is the way to motivate and reward his managers. Look for a “blue” flu to hit AT&T this April.

]]> By: W. Burl Evans http://www.footnoted.org/my-big-fat-deal/martha-stewarts-contract-made-us-do-it%e2%80%a6/comment-page-1/#comment-7521 W. Burl Evans Fri, 13 Feb 2009 17:39:57 +0000 http://www.footnoted.org/?p=3337#comment-7521 When is a bonus not a bonus? I guess when it is a "guaranteed bonus"; but really if it is guaranteed then isn't it just salary? I assume that a bonus must be called that because of accounting practices. But, do you have any insight about the shades of meaning between "guaranteed bonus" and salary? When is a bonus not a bonus? I guess when it is a “guaranteed bonus”; but really if it is guaranteed then isn’t it just salary? I assume that a bonus must be called that because of accounting practices. But, do you have any insight about the shades of meaning between “guaranteed bonus” and salary?

]]> By: Felix http://www.footnoted.org/my-big-fat-deal/martha-stewarts-contract-made-us-do-it%e2%80%a6/comment-page-1/#comment-7520 Felix Fri, 13 Feb 2009 17:25:53 +0000 http://www.footnoted.org/?p=3337#comment-7520 I don't read it as that. I read it as saying that Wenda Harris Millard and Robin Marino will get 15% of what they were advanced in December, while Martha Stewart will get her guaranteed minimum. I don’t read it as that. I read it as saying that Wenda Harris Millard and Robin Marino will get 15% of what they were advanced in December, while Martha Stewart will get her guaranteed minimum.

]]> By: Timothy Sykes http://www.footnoted.org/my-big-fat-deal/martha-stewarts-contract-made-us-do-it%e2%80%a6/comment-page-1/#comment-7519 Timothy Sykes Fri, 13 Feb 2009 16:06:33 +0000 http://www.footnoted.org/?p=3337#comment-7519 awesome find! awesome find!

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