Vistaprint 2012 Annual Report Download - page 143

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Option Awards Share Awards
Number of
Securities
Underlying
Unexercised
Options
Option
Exercise
Price
(1)($)
Option
Expiration
Date
Number
of Shares
or Share
Units
That
Have Not
Vested
(2)(#)
Market
Value of
Shares or
Share
Units That
Have Not
Vested
(3)($)Name (#) Exercisable (#) Unexercisable
Louis R. Page ............... 2,925 — 33.24 11/14/2016
2,269 — 46.18 11/02/2017
9,548 — 15.94 11/07/2018
1,599 320 54.46 11/17/2019
1,221 1,222 40.99 11/12/2020
448 2,242 35.77 11/03/2021
4,242 137,017
Richard T. Riley ............ 30,000 — 4.11 02/01/2015
2,925 — 33.24 11/14/2016
2,269 — 46.18 11/02/2017
9,548 — 15.94 11/07/2018
1,599 320 54.46 11/17/2019
1,221 1,222 40.99 11/12/2020
448 2,242 35.77 11/03/2021
4,242 137,017
Mark T. Thomas ............ 4,798 960 54.46 11/17/2019
1,221 1,222 40.99 11/12/2020
448 2,242 35.77 11/03/2021
4,288 138,502
(1) Each share option has an exercise price equal to the fair market value of our ordinary shares on the date of
grant and becomes exercisable at a rate of 8.33% per quarter over a period of three years from the date of
grant, so long as the supervisory director continues to serve as a supervisory director on each such vesting
date. Each share option expires 10 years after the date on which it was granted.
(2) Each restricted share unit vests, and the vested shares are issued to the supervisory director, as to 8.33% of
the shares subject to the unit per quarter, so long as the supervisory director continues to serve as a super-
visory director on each such vesting date.
(3) The market value of the restricted share units is determined by multiplying the number of restricted share
units by $32.30 per share, which was the closing price of our ordinary shares on NASDAQ on June 29, 2012,
the last trading day of our fiscal year 2012.
We use a combination of cash and share-based incentive compensation to attract and retain qualified candi-
dates to serve on our Supervisory Board. When we initially set our supervisory directors’ compensation, we con-
sidered the significant amount of time that supervisory directors expend in fulfilling their duties to Vistaprint, the
skill level that we require of members of our Supervisory Board, and competitive compensation data from our
peer group.
Proxy Statement
43