SUMMARY COMPENSATION SHEET
The following summarizes certain compensation decisions taken by the Compensation Committee (the "Committee") and/or the
Board of Directors ("Board") of Shoe Carnival, Inc. (the "Company"), with respect to the compensation of the Company’s
named executive officers.
1. 2010 Base Salary
The Committee increased the base salaries of three of the Company's named executive officers after a review of the Company's
financial performance for fiscal 2009, to make each of their respective salaries more competitive and to reflect, for Messrs.
Jackson and Sifford, their increasing responsibilities. The following base salaries are effective for the Company’s named
executive officers for fiscal 2010:
2. Grants of Restricted Stock and Stock Options
The Committee approved grants of restricted stock to the Company's named executive officers and other key personnel under
the Shoe Carnival, Inc. 2000 Stock Option and Incentive Plan. Mark L. Lemond, President and Chief Executive Officer, received a
grant of 18,000 shares. Timothy T. Baker, Executive Vice President - Store Operations, W. Kerry Jackson, Executive Vice
President - Chief Financial Officer and Treasurer, and Clifton E. Sifford, Executive Vice President - General Merchandise
Manager each received a grant of 12,000 shares. No grant was made to Mr. Weaver. The restricted shares will vest upon the
achievement of specified levels of annual earnings per diluted share during a six-year period.
3. Annual Incentive Compensation for Fiscal 2010
The Committee established the performance criteria and targets for the fiscal 2010 bonus payable in fiscal 2011 under the
Company's 2006 Executive Incentive Compensation Plan. The performance criteria is operating income before bonus expense.
Subjective factors based on an executive's individual performance can reduce an executive's bonus. As Chief Executive Officer,
Mark L. Lemond's bonus target is 60% of his salary but he can earn up to