Pennsylvania (State or Other Jurisdiction of Incorporation) |
1-5256 (Commission File Number) |
23-1180120 (IRS Employer Identification No.) |
105 Corporate Center Boulevard Greensboro, North Carolina |
27408 | |
(Address of Principal Executive Offices) | (Zip Code) |
Registrants telephone number, including area code 336-424-6000 |
o | Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) |
o | Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) |
o | Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) |
o | Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) |
Item 1.01. Entry into Material Definitive Agreements |
Performance-Contingent Common | |||||||||||||||||
Stock Unit Awards for 2006-2008 | |||||||||||||||||
Performance Cycle | |||||||||||||||||
Estimated Future Pay-out Under | |||||||||||||||||
Non-Stock Price-Based Plans | |||||||||||||||||
Threshold | Target | Maximum | |||||||||||||||
Name and Position | 2005 Bonus | (#) | (#) | (#) | |||||||||||||
Mackey J. McDonald |
$ | 1,474,000 | 0 | 60,300 | 120,600 | ||||||||||||
Chairman, President
and Chief Executive
Officer |
|||||||||||||||||
George N. Derhofer |
485,000 | 0 | 13,200 | 26,400 | |||||||||||||
Vice
President
Global Supply Chain |
|||||||||||||||||
John P. Schamberger(1) |
514,000 | 0 | 0 | 0 | |||||||||||||
Vice President and
Chairman Cross
Coalition Management |
|||||||||||||||||
Robert K. Shearer |
449,000 | 0 | 11,200 | 22,400 | |||||||||||||
Senior Vice President
and Chief Financial
Officer |
|||||||||||||||||
Eric C. Wiseman |
631,000 | 0 | 21,100 | 42,200 | |||||||||||||
Executive Vice
President, Global
Brands |
(1) | VF announced in December 2005 that Mr. Schamberger will retire in the first quarter of 2006. |
By:
|
/s/ Candace S. Cummings
|
|||
Vice President- Administration, | ||||
General Counsel and Secretary |