LeapFrog 2005 Annual Report Download - page 119

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LeapFrog’s President in February 2006, Mr. Perez is providing consulting services to LeapFrog and his
ownership in the shares represented by the stock bonus award will continue to vest so long as he
provides LeapFrog with such consulting services; and
• 412,499 shares of Class A common stock issuable upon the exercise of options that are exercisable
within 60 days after April 3, 2006.
(12) Includes 122,666 shares of Class A common stock issuable upon the exercise of options that are exercisable
within 60 days after April 3, 2006.
(13) Includes:
• 98,238 shares of Class A common stock issuable upon the exercise of options that are exercisable
within 60 days after April 3, 2006; and
• 16,585,345 shares of Class B common stock presently held by Mollusk Holdings, LLC. Mr. Fink is the
Chief Executive Officer of Lawrence Investments, LLC, which is one of the two managing members of
Mollusk Holdings, LLC. These shares are also reported as beneficially owned by Mr. Ellison. Mr. Fink
disclaims beneficial ownership of these securities except to the extent of his pecuniary interest therein.
• 50,000 shares of Class B common stock presently held prorata by ET Holdings, LLC, Mollusk
Holdings, LLC and Michael R. Milken based on the number of shares of LeapFrog’s Class B common
stock distributed by Krest LLC to each of such three stockholders in September 2005, which may be
acquired by Mr. Fink within 60 days of April 3, 2006 upon the exercise of a call option that each of
such three stockholders has granted to Mr. Fink. Mr. Fink shares voting and investment power with
respect to these shares with each of such three stockholders.
The address for Mr. Fink is 1250 Fourth Street, Suite 550, Santa Monica, California 90401.
(14) Includes 63,083 shares of Class A common stock issuable upon the exercise of options that are exercisable
within 60 days after April 3, 2006. The address for Mr. Maron is 1250 Fourth Street, Suite 550, Santa
Monica, California 90401.
(15) Includes 65,749 shares of Class A common stock issuable upon the exercise of options that are exercisable
within 60 days after April 3, 2006.
(16) Includes:
• 6,425 shares of Class A common stock issued upon the vesting of a stock bonus award to Ms. Olson in
2004, the remaining 15,000 shares of Class A common stock issued to Ms. Olson under this stock
bonus award are subject to repurchase by LeapFrog until Ms. Olson’s ownership vests in equal annual
installments on the second and third anniversaries of the date the stock bonus award was granted to
Ms. Olson by the Compensation Committee of our board of directors; and
• 35,519 shares of Class A common stock issuable upon the exercise of options that are exercisable
within 60 days after April 3, 2006.
(17) Includes 44,583 shares of Class A common stock issuable upon the exercise of options that are exercisable
within 60 days after April 3, 2006.
(18) Includes 9,166 shares of Class A common stock issuable upon the exercise of options that are exercisable
within 60 days after April 3, 2006.
(19) Includes 12,811 shares of Class A common stock issuable upon the exercise of options that are exercisable
within 60 days after April 3, 2006. The address for Mr. Smith is c/o The Annie E. Casey Foundation, 701 St.
Paul Street, Baltimore, Maryland 21202.
(20) Includes 12,811 shares of Class A common stock issuable upon the exercise of options that are exercisable
within 60 days after April 3, 2006.
8