Summary Compensation Table
| Name & Principal Position | Year | Salary $ | Stock Awards $(1) | Option Awards $(1) | Non-equity incentive plan compensation $ | Change in pension value and non-qualified deferred compensation earnings $(2) | All other compensation $ | Total $ |
| Terry Burman CEO(3) | 2011 | 1,704,668 | - | - | 3,111,568 | - | 6,980,901 | 11,797,137 |
| 2010 | 1,622,250 | - | - | 3,244,500 | - | 426,576 | 5,293,326 | |
| 2009 | 1,613,891 | - | 1,646,926 | 502,086 | - | 423,088 | 4,185,991 | |
| Michael W. Barnes(4) CEO Designate | 2011 | 181,731 | 12,332,105 | - | - | - | 645,646 | 13,159,482 |
| Walker Boyd Former CFO(5)(6) | 2011 | 292,891 | - | - | 270,907 | 58,931 | 321,385 | 944,114 |
| 2010 | 696,023 | 551,657 | - | 696,023 | 230,792 | 249,234 | 2,423,729 | |
| 2009 | 762,344 | - | 252,522 | 123,145 | 114,776 | 268,218 | 1,521,005 | |
| Ronald Ristau(7) CFO | 2011 | 517,500 | 737,847 | - | 705,120 | - | 50,892 | 2,011,359 |
| Mark Light US CEO(8) | 2011 | 852,825 | 861,085 | - | 1,035,720 | - | 74,888 | 2,824,518 |
| 2010 | 822,000 | 833,431 | - | 986,400 | - | 46,864 | 2,688,695 | |
| 2009 | 816,246 | - | 381,762 | 140,809 | - | 79,003 | 1,417,820 | |
| Robert Anderson UK CEO(5)(9) | 2011 | 560,263 | 323,204 | - | 346,785 | - | 118,067 | 1,348,319 |
| 2010 | 556,182 | 328,122 | - | 556,182 | 139,119 | 115,514 | 1,695,119 | |
| 2009 | 606,375 | - | 152,660 | 98,403 | - | 144,445 | 1,001,883 | |
| William Montalto US COO(10) | 2011 | 602,650 | 396,198 | - | 610,000 | - | 60,564 | 1,669,412 |
| 2010 | 580,600 | 383,509 | - | 580,600 | - | 21,363 | 1,566,072 | |
| 2009 | 576,520 | - | 156,476 | 82,943 | - | 53,447 | 869,386 |
(1) In accordance with ASC 718, the amounts calculated are based on the aggregate grant date fair value of the restricted stock units (in the column entitled “Stock Awards”) and stock option awards (in the column entitled “Option Awards”) in the year of grant based upon the possible outcome of performance conditions. For information on the valuation assumptions, refer to note 22 in the Signet financial statements filed on Form 10-K for the fiscal year ended January 29, 2011.
(2) This column represents the aggregate change, over the course of the fiscal year, in the actuarial present value of the Executive’s accumulated benefit under all defined benefit and actuarial plans.
(3) Mr. Burman’s Fiscal 2011 compensation included the following elements whose total incremental cost to the Company is shown in the column titled “All Other Compensation”; Retention payment ($6,547,709); Company contribution to the deferred compensation scheme ($341,162); Tax gross-up (paid pursuant to existing employment contract) ($29,956); company car and fuel allowance ($28,947); 401(k) matching contribution ($2,168); life, disability and medical insurance premiums ($24,969); club subscriptions ($5,027) and other miscellaneous benefits ($963).
(4) Mr. Barnes commenced employment as Chief Executive Officer Designate on December 1, 2010. He became Chief Executive Officer on January 31, 2011 (the first day of Fiscal 2012). Pursuant to his employment agreement, Mr. Barnes’ Fiscal 2011 compensation included the following elements whose total incremental cost to the Company is shown in the column titled “All Other Compensation”: Make-whole cash payment ($641,666); Relocation expenses ($1,650); and life, disability and medical insurance premiums ($2,330).
(5) Compensation is paid in pounds sterling: amounts reported reflect an average exchange rate of £1: US$1.55 for Fiscal 2011 (£1:US$1.59 for Fiscal 2010; and £1:US$1.75 for Fiscal 2009).
(6) Mr. Boyd’s Fiscal 2011 compensation included the following elements whose total incremental cost to the Company is shown in the column titled “All Other Compensation”: Pension supplement ($304,232); company car and fuel allowance ($14,241); and life, disability and medical insurance premiums ($2,912). Mr. Boyd retired as Group Finance Director in June 2010.
(7) Mr. Ristau’s Fiscal 2011 compensation included the following elements whose total incremental cost to the Company is shown in the column titled “All Other Compensation”: Company car and fuel allowance ($23,732); life, disability and medical insurance premiums ($19,940); relocation expenses ($4,693); and tax gross-up on relocation ($2,527). The maximum value of stock awards granted in the year was $1,101,953. Mr. Ristau joined the Company on April 15, 2010 as Chief Financial Officer Designate and succeeded Mr. Boyd upon his retirement in June 2010.
(8) Mr. Light’s Fiscal 2011 compensation included the following elements whose total incremental cost to the Company is shown in the column titled “All Other Compensation”: Tax gross-up (paid pursuant to existing contract) ($20,903); company car and fuel allowance ($18,145); 401(k) matching contribution ($2,003); life, disability and medical insurance premiums ($26,372); club subscriptions ($5,027); and other miscellaneous benefits ($2,438). The maximum value of stock awards granted in the year was $1,285,298.
(9) Mr. Anderson’s Fiscal 2011 compensation included the following elements whose total incremental cost to the Company is shown in the column titled “All Other Compensation”: Pension supplement ($75,211); company car and fuel allowance ($36,833); and life, disability and medical insurance premiums ($6,023). The maximum value of stock awards granted in the year was $482,422.
(10) Mr. Montalto’s Fiscal 2011 compensation included the following elements whose total incremental cost to the Company is shown in the column titled “All Other Compensation”: Tax gross-up (paid pursuant to existing contract) ($15,970); company car and fuel allowance ($19,566); 401(k) matching contribution ($2,189); and life, disability and medical insurance premiums ($22,839). The maximum value of stock awards granted in the year was $591,384.