LeapFrog 2012 Annual Report Download - page 148

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Covered Termination — No Change in Control
Named Executive Officer
Payment of Base
Salary($)
Payment of
Bonus($)
Health Insurance
Payments($)
Value of Equity
Acceleration($)
(1)
Total($)
Mr. Barbour .......... 862,500 1,437,500 33,774 2,539,263 4,873,037
Mr. Arthur ........... 525,000 787,500 22,516 215,750 1,550,766
Mr. Etnyre
(2)
......... — — — — —
Mr. Ahearn .......... 525,000 787,500 22,516 215,750 1,550,766
Mr. Dodd ........... 408,000 — 15,444 — 423,444
Mr. Spalding ......... 155,390
(3)
— — — 155,390
(1) Represents value of additional RSUs vesting plus potential realizable value of the additional vested
options assuming a change in control of the Company occurred on December 31, 2012, and that such
named executive officer’s options were exercised on the same date, based on an exercise price of
$8.63 per share, the closing market price of our Class A common stock as reported by the NYSE for
December 31, 2012.
(2) As a result of his termination of employment, Mr. Etnyre is no longer eligible to receive payments upon
a termination of employment or a change in control of the Company and he was not eligible for any
payments or benefits upon a termination of employment or change in control of the Company as of
December 31, 2012.
(3) Assumes a conversion rate of Pounds Sterling to U.S. Dollars of 1:1.5539.
Covered Termination — Change in Control
Named Executive Officer
Payment of Base
Salary($)
Payment of
Bonus($)
Health Insurance
Payments($)
Value of Equity
Acceleration($)
(1)
Total($)
Mr. Barbour .......... 1,150,000 1,725,000 33,774 4,183,619 7,092,393
Mr. Arthur ........... 525,000 787,500 22,516 863,000 2,198,016
Mr. Etnyre
(2)
......... — — — — —
Mr. Ahearn .......... 525,000 787,500 22,516 863,000 2,198,016
Mr. Dodd ........... 816,000 612,000 30,887 — 1,458,887
Mr. Spalding ......... 155,390
(3)
— — — 155,390
(1) Represents value of additional RSUs vesting plus potential realizable value of the additional vested
options assuming a change in control of the Company occurred on December 31, 2012, and that such
named executive officer’s options were exercised on the same date, based on an exercise price of
$8.63 per share, the closing market price of our Class A common stock as reported by the NYSE for
December 31, 2012.
(2) As a result of his termination of employment, Mr. Etnyre is no longer eligible to receive payments upon
a termination of employment or a change in control of the Company and he was not eligible for any
payments or benefits upon a termination of employment or change in control of the Company as of
December 31, 2012.
(3) Assumes a conversion rate of Pounds Sterling to U.S. Dollars of 1:1.5539.
Participants are required to execute a release of claims against LeapFrog prior to receiving any of the
foregoing payments and benefits and such payments and benefits under the Severance Plan will terminate if, at
any time, the executive violates any proprietary information or confidentiality obligation to LeapFrog.
56