LeapFrog 2003 Annual Report Download - page 126

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Stock Option Grants And Exercises
We grant options to our executive officers under our 2002 Equity Incentive Plan, or Incentive Plan. As of
April 8, 2004, options to purchase a total of 6,680,897 shares were outstanding under the Incentive Plan and
options to purchase 2,787,859 shares remained available for grant under the plan. All stock options were granted
at an exercise price equal to their fair market value on the date of grant.
The following tables show for the fiscal year ended December 31, 2003, certain information regarding
options granted to, exercised by, and held at year-end by the named executive officers:
Option Grants in 2003
There were no stock options or stock appreciation rights granted to our named executive officers during the
year ended December 31, 2003.
Aggregated Option Exercises in 2003 and Year-End Option Values
The following table sets forth the number of shares of Class A common stock subject to exercisable and
unexercisable options held as of December 31, 2003 by each of the named executive officers.
Name
Shares
Acquired
on Exercise
Value
Realized
Number of Securities
Underlying Unexercised
Options at
December 31, 2003
Value of Unexercised In-the-Money
Options at
December 31, 2003(1)
Exercisable Unexercisable Exercisable Unexercisable
Michael C. Wood ......... 385,124 $9,363,513 539,804 275,072 $11,122,041 $5,672,239
Thomas J. Kalinske ........ 145,000 $3,124,175 833 104,167 $ 11,687 $1,461,463
Paul A. Rioux ............ 340,000 $8,347,050 131,999 50,001 $ 2,091,946 $ 701,514
Timothy M. Bender ....... 160,000 $4,380,200 106,639 33,361 $ 2,108,445 $ 530,755
James P. Curley .......... 55,000 $1,070,850 70,000 125,000 $ 1,157,100 $2,066,250
(1) Based on the closing price of the Class A common stock on December 31, 2003 of $26.53 per share minus
the option exercise price.
26