Tootie Pie Company, Inc.
Executive Salaries, Bonuses, Stock Options, and Other Compensation

Name and Principal Position
(a)

Year ended
March 31,
(b)

Base
Salary
($)
(c)

Options
Awards ⁽¹⁾
($)
(f)

All Other
Compensation
($)
(i)

Dollar Value of
Total
Compensation
for the Covered
Fiscal Year ($)
(j)

Don L. Merrill, Jr.

Principal Executive Officer

2007

47,500 

39,000 

-0-

86,500

2006

-0- 

6,500 

 25,000 ⁽²⁾

31,500

David Patterson

Principal Financial Officer

2007

50,000 

13,000 

-0-

63,000

2006

26,154 

6,500 

-0-

32,654

(1) The amounts in this column were valued at the amount recognized for financial reporting purposes for the fair value of stock options granted in accordance with SFAS 123R.  

(2) Mr. Merrill received a $25,000 cash payment for his efforts in starting the Company.