LeapFrog 2004 Annual Report Download - page 141

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closing market price of LeapFrog’s unrestricted common stock on December 31, 2004 ($13.60) by the number of shares
of restricted stock held by Mr. Perez. LeapFrog has the right to repurchase these shares until Mr. Perez’s ownership vests
in three equal annual installments, beginning on the first anniversary of the date the restricted stock bonus award was
granted to Mr. Perez by the Compensation Committee of our board of directors. LeapFrog does not intend to pay
dividends on our common stock in the foreseeable future. However, if we were to pay common stock dividends, they
would be paid on the shares of restricted stock held by Mr. Perez.
(8) Mr. Rioux served as our co-Vice Chairman since January 2001, our acting Chief Operating Officer from October 2002 to
August 2003 and our Vice Chairman since September 2004.
(9) Mr. Rioux received $888, $881 and $1,334 in matching grants made to his 401(k) savings plan by LeapFrog in 2004,
2003 and 2002, respectively. In 2004, 2003 and 2002, Mr. Rioux received $7,800, $7,475 and $6,475, respectively, in
automobile allowances.
(10) Mr. Bender received $2,917, $3,000 and $2,750 in matching grants made to his 401(k) savings plan by LeapFrog in
2004, 2003 and 2002, respectively. In each of 2004, 2003 and 2002, Mr. Bender received $7,800 in automobile
allowances.
(11) Mr. Wood served as our Chief Executive Officer from March 2002 to February 2004. From February 2004 to September
2004 he served as our Chief Vision and Creative Officer. In September 2004 he resigned from the company. This amount
includes accrued and unused vacation paid to Mr. Wood upon his resignation from LeapFrog.
(12) Includes a bonus of $60,000 related to the signing in April 2002 of Mr. Wood’s amended and restated employment
agreement relating to his services as our Chief Executive Officer and President. For additional discussion of this
agreement, see “Employment Agreements and Compensation Arrangements.”
(13) Mr. Wood received $841, $1,700 and $1,151 in matching grants made to his 401(k) savings plan by LeapFrog in 2004,
2003 and 2002, respectively. In 2004, 2003 and 2002, Mr. Wood received $4,800, $7,200 and $6,400, respectively, in
automobile allowances.
(14) Mr. Forsyth joined LeapFrog as our Chief Operating Officer in August 2003. Mr. Forsyth resigned as our Chief
Operating Officer in February 2005.
(15) In 2004 and 2003, Mr. Forsyth received $7,800 and $3,163, respectively, in automobile allowances.
(16) The amounts listed in the “All Other Compensation” column are for life insurance premiums paid by LeapFrog for the
benefit of the named executive officer.
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