Vistaprint 2010 Annual Report Download - page 137

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Analysis section of this proxy statement. The amounts reported in this column for fiscal 2008 and 2009
represent amounts earned under our Executive Officer Bonus Plans for each such fiscal year.
(3) The amounts in this row under “Salary,” “Non-Equity Incentive Plan Compensation” and “All Other Com-
pensation” were paid to Mr. Keane in whole or in part in Euros. For purposes of this table, we converted
Mr. Keane’s payments from Euros to U.S. dollars at a currency exchange rate of 1.2217, based on the
30-day average currency exchange rate for June 1-30, 2010, which was the end of our most recent fiscal
year.
(4) This amount represents reimbursement for relocation expenses in connection with Mr. Keane’s move to
our Paris, France office from our Lexington, Massachusetts office.
(5) This amount represents our payment of health club membership fees.
(6) Mr. Giannetto was appointed Executive Vice President and Chief Financial Officer (principal financial offi-
cer) during fiscal 2009, effective September 2, 2008.
(7) These amounts represent our matching contributions under Vistaprint USA’s 401(k) deferred savings retire-
ment plan.
(8) $153,136 of this amount represents reimbursements and payments for rent, telephone and other utilities,
real estate agency fees, transportation, local Spanish taxes and tax gross up amounts in connection with
Ms. Holian’s expatriate assignment to our Barcelona office, and $7,350 of this amount represents our
matching contributions under Vistaprint USA’s 401(k) deferred savings retirement plan. We made the reim-
bursement payments in Euros and converted the amounts to U.S. dollars for this table based on the cur-
rency conversion rate in effect on the date of each payment.
Grants of Plan-Based Awards in the Fiscal Year Ended June 30, 2010
The following table contains information about plan-based awards granted to each of our named executive
officers during the fiscal year ended June 30, 2010.
Name Grant Date(1)
Threshold
($)(2)
Target
($)
Maximum
($)
All Other
Share
Awards:
Number
of Shares
or Share
Units
(3)(#)
All Other
Option
Awards:
Number of
Securities
Underlying
Options
(4)(#)
Exercise
or Base
Price of
Option
Awards
($/Sh)(5)
Grant Date
Fair Value
of Share
and Option
Awards
($)(6)
Estimated Possible Payouts
Under Non-Equity Incentive Plan Awards
Robert S. Keane .... 05/06/2010 39,022 96,800 47.91 4,205,134
09/30/2009(7) 0 403,906(8) 1,009,765(9)
09/30/2009 0 937,500(10) 1,734,375(11)
Michael Giannetto . . 05/06/2010 14,776 7,331 47.91 884,801
09/30/2009 0 215,000(8) 537,500(9)
09/30/2009 0 440,000(10) 814,000(11)
Wendy M. Cebula . . 05/06/2010 16,649 8,260 47.91 996,951
09/30/2009 0 250,000(8) 625,000(9)
09/30/2009 0 560,000(10) 1,036,000(11)
Janet F. Holian ..... 05/06/2010 16,649 8,260 47.91 996,951
09/30/2009 0 250,000(8) 625,000(9)
09/30/2009 0 560,000(10) 1,036,000(11)
(1) Although the non-equity incentive plan awards reflected in this table were formally granted on Septem-
ber 30, 2009, the Compensation Committee determined and approved the objective criteria against which
performance is to be measured under the awards on August 6, 2009.
(2) The amount reported in this column represent the amount that would have been payable under our named
executive officers’ annual cash incentive and long-term cash incentive awards if we did not meet our
minimum constant currency revenue and EPS targets.
32