LeapFrog 2012 Annual Report Download - page 134

Download and view the complete annual report

Please find page 134 of the 2012 LeapFrog annual report below. You can navigate through the pages in the report by either clicking on the pages listed below, or by using the keyword search tool below to find specific information within the annual report.

Page out of 153

  • 1
  • 2
  • 3
  • 4
  • 5
  • 6
  • 7
  • 8
  • 9
  • 10
  • 11
  • 12
  • 13
  • 14
  • 15
  • 16
  • 17
  • 18
  • 19
  • 20
  • 21
  • 22
  • 23
  • 24
  • 25
  • 26
  • 27
  • 28
  • 29
  • 30
  • 31
  • 32
  • 33
  • 34
  • 35
  • 36
  • 37
  • 38
  • 39
  • 40
  • 41
  • 42
  • 43
  • 44
  • 45
  • 46
  • 47
  • 48
  • 49
  • 50
  • 51
  • 52
  • 53
  • 54
  • 55
  • 56
  • 57
  • 58
  • 59
  • 60
  • 61
  • 62
  • 63
  • 64
  • 65
  • 66
  • 67
  • 68
  • 69
  • 70
  • 71
  • 72
  • 73
  • 74
  • 75
  • 76
  • 77
  • 78
  • 79
  • 80
  • 81
  • 82
  • 83
  • 84
  • 85
  • 86
  • 87
  • 88
  • 89
  • 90
  • 91
  • 92
  • 93
  • 94
  • 95
  • 96
  • 97
  • 98
  • 99
  • 100
  • 101
  • 102
  • 103
  • 104
  • 105
  • 106
  • 107
  • 108
  • 109
  • 110
  • 111
  • 112
  • 113
  • 114
  • 115
  • 116
  • 117
  • 118
  • 119
  • 120
  • 121
  • 122
  • 123
  • 124
  • 125
  • 126
  • 127
  • 128
  • 129
  • 130
  • 131
  • 132
  • 133
  • 134
  • 135
  • 136
  • 137
  • 138
  • 139
  • 140
  • 141
  • 142
  • 143
  • 144
  • 145
  • 146
  • 147
  • 148
  • 149
  • 150
  • 151
  • 152
  • 153

SUMMARY COMPENSATION INFORMATION
The following table presents the compensation awarded, paid to or earned by, our named executive
officers. The named executive officers for 2012 are our CEO, our current CFO, our CFO from January through
July 2012 and our three other most highly-compensated executive officers who were serving as executive
officers at the end of 2012. The table reports compensation for 2012 and, where the individual was a named
executive officer in the relevant prior years, 2011 and 2010.
Summary Compensation Table
Name and Principal
Position Year
Salary
Received
($)
Bonus
($)*
Stock
Awards
($)
(1)
Option
Awards
($)
(2)
Non-Equity
Incentive Plan
Compensation
($)*
All Other
Compensation
($)
Total
Compensation
($)
John Barbour
(3)
Chief Executive Officer
2012 575,000 230,000 933,400 1,077,466 862,500
(4)
8,195
(5)
3,686,561
2011 470,689 470,689 685,500 1,888,700 148,778
(6)
198,059
(7)
3,862,415
Raymond L. Arthur
(8)
Chief Financial Officer
2012 240,625 456,914 1,049,000 1,806,120 78,415
(9)
66,387
(10)
3,697,461
Mark A. Etnyre
(11)
Former Chief
Financial Officer
2012 237,461 42,906 287,200 248,646 171,193
(4)
101,207
(12)
1,088,613
2011 311,875 262,538
(6)
— 574,413
2010 291,667 — 757,750 — 54,833
(13)
5,000
(14)
1,109,250
Gregory B. Ahearn
(15)
Chief Marketing Officer
2012 284,375 468,398 1,049,000 1,806,120 95,426
(9)
352,312
(16)
4,055,631
Michael J. Dodd
President and Chief
Operating Officer
2012 408,000 107,100 445,230
(4)
3,500
(17)
963,830
2011 408,000 398,132
(6)
— 806,132
2010 349,033 306,000 1,824,000 2,479,033
Christopher Spalding
(18)
Senior Vice President and
Managing Director,
EMEA
2012 310,782
(19)
195,676 287,200 248,646 228,192
(4)
33,995
(20)
1,304,491
* The amounts reported in the ‘‘Bonus’ column represent discretionary bonuses and guaranteed bonus
payments made pursuant to employment agreements or similar arrangements with the named executive
officer. As required under the applicable rules of the SEC, performance-based bonus payments are
reported in the ‘‘Non-Equity Incentive Plan Compensation’ column, to the extent that they are based
upon satisfaction of pre-established performance conditions, the outcome of which was substantially
uncertain at the time the performance conditions were set.
(1) The amount reported in the ‘‘Stock Awards’ column is based on the grant date fair value computed in
accordance with FASB ASC Topic 718. The assumptions made in the valuation of the option awards 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.
(2) The amount reported in the ‘‘Option Awards’ column is based on the grant date fair value computed in
accordance with FASB ASC Topic 718. The assumptions made in the valuation of the option awards 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.
(3) Mr. Barbour was appointed as our Chief Executive Officer in March 2011.
(4) The amount reported is the sum of 2012 bonus payments to such individual under the performance cash
award provisions of our 2011 Plan for Company achievement of financial targets and personal
achievement of individual performance goals.
(5) The amount reported consists of payment of Mr. Barbours annual life insurance premiums of $4,695, as
provided in his employment agreement, and $3,500 in matching contributions to his Section 401(k)
savings plan account.
(6) The amount reported is the sum of bonus payments to such individual under our 2011 bonus plan for
Company achievement of financial targets and personal achievement of individual performance goals.
(7) The amount reported consists of (i) compensation for Mr. Barbour for travel and temporary housing
assistance in the amount of $150,000, (ii) payments for temporary housing in the amount of $15,869,
(iii) relocation expense paid to a moving company of $18,000 and (iv) certain other benefits pursuant to
42