LeapFrog 2006 Annual Report Download - page 150

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SUMMARY COMPENSATION INFORMATION
The following table shows for 2006, compensation awarded, paid to or earned by, our Chief Executive
Officer, our Chief Financial Officer and our other three most highly compensated executive officers at
December 31, 2006 and two additional executive officers who would have been included had they been
employed at December 31, 2006, collectively referred to as the “named executive officers.” Mr. Perez resigned
as our President in February 2006, and Ms. Olson resigned as our Chief Marketing Officer in September 2006.
Summary Compensation Table
Name and Principal Position Year
Salary
($)
Bonus
($)
Stock
Awards
($)(1)
Option
Awards
($)(2)
All Other
Compensation
($)
Total
Compensation
($)
Jeffrey G. Katz(3) ...........
Chief Executive Officer,
President and Director
2006 300,000 300,000(4) 1,234,786 98,055(5) 1,932,841
William B. Chiasson .........
Chief Financial Officer
2006 301,250 61,000(6) 40,485 349,342 9,800(7) 761,877
Michael J. Dodd ............
Senior Vice President, Supply
Chain and Operations
2006 270,769 57,000(8) 61,279 73,772 95,816(9) 558,636
Thomas J. Kalinske(10) ......
Vice Chairman of the Board;
Former Chief Executive Officer
and Vice Chairman
2006 550,777 67,500(11) 216,713 14,850(12) 849,840
Timothy M. Bender(13) ......
Former President,
Worldwide Consumer Group
2006 328,263 200,000(14) 50,573 44,264 9,800(15) 632,900
Jerome Perez(16) ...........
Former President and Director
2006 74,037 176,533 12,138 469,945(17) 732,653
Kathryn E. Olson(18) ........
Former Chief Marketing
Officer
2006 230,151 132,853 103,973 307,945(19) 774,922
(1) The value shown for the stock awards is based on the dollar amount of the compensation cost of the awards
recognized for financial statement reporting purposes for the fiscal year ended December 31, 2006, in
accordance with FAS 123R. The assumptions made in the valuation of the stock awards are discussed in
footnote 17, “Stock-Based Compensation,” to our consolidated financial statements contained in our annual
report on Form 10-K for the fiscal year ended December 31, 2006.
(2) The value shown for the option awards is based on the dollar amount of the compensation cost of the awards
recognized for financial statement reporting purposes for the fiscal year ended December 31, 2006, in
accordance with FAS 123R. The assumptions made in the valuation of the option awards are discussed in
footnote 17, “Stock-Based Compensation,” to our consolidated financial statements contained in our annual
report on Form 10-K for the fiscal year ended December 31, 2006.
(3) Mr. Katz became our Chief Executive Officer and President in July 2006.
(4) Under the terms of his employment agreement, Mr. Katz received a sign-on bonus of $300,000.
(5) Mr. Katz received relocation assistance in the amount of $51,572, $2,000 in matching grants made to his
401(k) savings plan and an annual automobile allowance of $3,900. Mr. Katz also received $40,583 in board
fees for the period January 2006 through June 2006, when he served as a non-employee member of our board
of directors, as well as a member of our audit, nominating and corporate governance, and strategy committees.
43