LeapFrog 2012 Annual Report Download - page 118

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DIRECTOR COMPENSATION
During the fiscal year ended December 31, 2012, our non-employee directors who served during 2012
received the following compensation for their service on our board of directors.
Director Compensation for Fiscal Year 2012
Name
Fees Earned or
Paid in Cash
($)
(1)
Stock
Awards
($)
(2)(3)(4)
Option Awards
($)
(2)(3)(4)
Total
($)
William B. Chiasson ................... 60,000 49,982 50,016 159,998
Thomas J. Kalinske .................... 41,593 37,492 37,506 116,591
Paul T. Marinelli ...................... 43,407 37,492 37,506 118,405
Stanley E. Maron ...................... 75,000 37,492 37,506 149,998
E. Stanton McKee, Jr. .................. 80,000 37,492 37,506 154,998
Theodore R. Mitchell
(5)(6)
................ 10,000 100,001 99,860 209,861
David C. Nagel
(7)
..................... 37,473 — — 37,473
Randy O. Rissman ..................... 44,780 34,372 34,374 113,526
Philip B. Simon
(7)
..................... 34,066 — — 34,066
Caden C. Wang ....................... 70,000 37,492 37,506 144,998
(1) Reflects board retainer fees, as well as committee, committee chair and subcommittee retainer fees, as
described more fully below under the heading ‘‘Discussion of Director Compensation.’’
(2) At December 31, 2012, the following non-employee directors each held stock awards and stock options
covering the following aggregate numbers of shares:
Stock Awards
(number of shares)
Stock Options
(number of shares)
Name Vested Unvested
Total
Outstanding Vested Unvested
Total
Outstanding
William B. Chiasson ....... — 4,806 4,806 363,596 20,868 384,464
Thomas J. Kalinske ........ — 3,605 3,605 193,442 9,192 202,634
Paul T. Marinelli ......... — 3,605 3,605 99,538 9,192 108,730
Stanley E. Maron ......... 20,000 3,605 23,605 114,388 9,192 123,580
E. Stanton McKee, Jr. ...... 25,000 3,605 28,605 114,052 9,192 123,244
Theodore R. Mitchell ...... — 9,533 9,533 2,303 14,284 16,587
David C. Nagel .......... — — — — — —
Randy O. Rissman ........ — 22,137 22,137 23,880 39,185 63,065
Philip B. Simon .......... — — — — — —
Caden C. Wang .......... 20,000 3,605 23,605 119,437 9,192 128,629
(3) The amounts reported for the stock awards and stock options are based on the grant date fair value
computed in accordance with FASB ASC Topic 718. The assumptions made in the valuation of the stock
awards and stock options are discussed in Note 13, ‘‘Stock-Based Compensation,’’ of the Notes to the
Consolidated Financial Statements included in our Annual Report on Form 10-K for the year ended
December 31, 2012 which was filed with the SEC on March 11, 2013.
(4) In July 2012, each of our non-employee directors elected at the 2012 annual meeting of stockholders was
automatically granted an annual RSU award and stock option pursuant to either LeapFrog’s
Non-Employee Director Stock Award Plan or the LeapFrog 2011 Equity and Incentive Plan. The stock
options were granted at an exercise price of $10.40 per share. The awards vest on May 31, 2013, the last
day of the month prior to the month of our 2013 annual meeting of stockholders, which is June 5, 2013.
The grant date fair value of each of these RSU awards and stock options, as calculated under FASB ASC
Topic 718 for financial statement reporting purposes, was as follows:
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