LeapFrog 2005 Annual Report Download - page 118

Download and view the complete annual report

Please find page 118 of the 2005 LeapFrog annual report below. You can navigate through the pages in the report by either clicking on the pages listed below, or by using the keyword search tool below to find specific information within the annual report.

Page out of 201

  • 1
  • 2
  • 3
  • 4
  • 5
  • 6
  • 7
  • 8
  • 9
  • 10
  • 11
  • 12
  • 13
  • 14
  • 15
  • 16
  • 17
  • 18
  • 19
  • 20
  • 21
  • 22
  • 23
  • 24
  • 25
  • 26
  • 27
  • 28
  • 29
  • 30
  • 31
  • 32
  • 33
  • 34
  • 35
  • 36
  • 37
  • 38
  • 39
  • 40
  • 41
  • 42
  • 43
  • 44
  • 45
  • 46
  • 47
  • 48
  • 49
  • 50
  • 51
  • 52
  • 53
  • 54
  • 55
  • 56
  • 57
  • 58
  • 59
  • 60
  • 61
  • 62
  • 63
  • 64
  • 65
  • 66
  • 67
  • 68
  • 69
  • 70
  • 71
  • 72
  • 73
  • 74
  • 75
  • 76
  • 77
  • 78
  • 79
  • 80
  • 81
  • 82
  • 83
  • 84
  • 85
  • 86
  • 87
  • 88
  • 89
  • 90
  • 91
  • 92
  • 93
  • 94
  • 95
  • 96
  • 97
  • 98
  • 99
  • 100
  • 101
  • 102
  • 103
  • 104
  • 105
  • 106
  • 107
  • 108
  • 109
  • 110
  • 111
  • 112
  • 113
  • 114
  • 115
  • 116
  • 117
  • 118
  • 119
  • 120
  • 121
  • 122
  • 123
  • 124
  • 125
  • 126
  • 127
  • 128
  • 129
  • 130
  • 131
  • 132
  • 133
  • 134
  • 135
  • 136
  • 137
  • 138
  • 139
  • 140
  • 141
  • 142
  • 143
  • 144
  • 145
  • 146
  • 147
  • 148
  • 149
  • 150
  • 151
  • 152
  • 153
  • 154
  • 155
  • 156
  • 157
  • 158
  • 159
  • 160
  • 161
  • 162
  • 163
  • 164
  • 165
  • 166
  • 167
  • 168
  • 169
  • 170
  • 171
  • 172
  • 173
  • 174
  • 175
  • 176
  • 177
  • 178
  • 179
  • 180
  • 181
  • 182
  • 183
  • 184
  • 185
  • 186
  • 187
  • 188
  • 189
  • 190
  • 191
  • 192
  • 193
  • 194
  • 195
  • 196
  • 197
  • 198
  • 199
  • 200
  • 201

(5) Includes:
• 5,039,937 shares of Class B common stock and 1,601,789 shares of Class A common stock held
directly by Mr. M. Milken;
• 4,336,216 shares of Class B common stock held indirectly by Mr. M. Milken through ET Holdings,
LLC, which are also beneficially owned by Mr. L. Milken and over which Mr. M. Milken has shared
voting and investment power; and
• 11,579 shares of Class B common stock held indirectly by Mr. M. Milken through Hampstead
Associates, LLC, which are also beneficially owned by Mr. L. Milken and over which Mr. M. Milken
has shared voting and investment power.
The address for Mr. M. Milken is c/o Maron & Sandler, 1250 Fourth Street, Suite 550, Santa Monica,
California 90401.
(6) Includes:
• 1,592,670 shares of Class B common stock and 416,845 shares of Class A common stock held directly
by Mr. L. Milken;
• 42,086 shares of Class A common stock held in a trust of which Mr. L. Milken is a trustee;
• 4,336,216 shares of Class B common stock held indirectly by Mr. L. Milken through ET Holdings,
LLC, which are also beneficially owned by Mr. M. Milken and over which Mr. L. Milken has shared
voting and investment power; and
• 11,579 shares of Class B common stock held indirectly by Mr. L. Milken through Hampstead
Associates, LLC, which are also beneficially owned by Mr. M. Milken and over which Mr. L. Milken
has shared voting and investment power.
The address for Mr. L. Milken is c/o Maron & Sandler, 1250 Fourth Street, Suite 550, Santa Monica,
California 90401.
(7) Based solely on information provided in a Schedule 13G filed on January 23, 2006 by Snow Capital
Management, L.P., or Snow Capital. Snow Capital has sole voting and dispositive power over 3,839,763
shares. The address for Snow Capital is 2100 Georgetowne Drive, Suite 400, Sewickley, Pennsylvania
15143.
(8) Based solely on information provided in a Schedule 13G filed on February 15, 2006 by Third Avenue
Management LLC, or Third Avenue. Third Avenue has sole voting power over 5,149,327 shares and sole
dispositive power over 5,343,052 shares. The address for Third Avenue is 622 Third Avenue, 32nd Floor,
New York, New York 10017.
(9) Based solely on information provided in a Schedule 13G filed on February 14, 2006 by Prentice Capital
Management, LP, or Prentice Capital. Prentice Capital has shared voting and dispositive power over
2,498,965 shares. The address for Prentice Capital is 623 Fifth Avenue, 32nd Floor, New York, New York
10022.
(10) Includes 319,722 shares of Class A common stock issuable upon the exercise of options that are exercisable
within 60 days of April 3, 2006.
(11) Includes:
• 8,567 shares of Class A common stock issued upon the vesting of a stock bonus award to Mr. Perez in
2004, the remaining 26,667 shares of Class A common stock issued to Mr. Perez under this stock
bonus award are subject to repurchase by LeapFrog until Mr. Perez’s ownership vests in equal annual
installments on the second and third anniversaries of the date the stock bonus award was granted to
Mr. Perez by the Compensation Committee of our board of directors. Following his resignation as
7