LeapFrog 2007 Annual Report Download - page 168

SUMMARY COMPENSATION INFORMATION
The following table shows for 2006 and 2007, 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 December 31, 2007, collectively referred to as the “named executive officers.”
Summary Compensation Table
Name and Principal Position Year
Salary
($)
Bonus
($)
Non-Equity
Incentive Plan
Compensation
($)
Stock
Awards
($)(1)
Option
Awards
($)(2)
All Other
Compensation
($)
Total
Compensation
($)
Jeffrey G. Katz (3) ........
Chief Executive Officer,
President and Director
2007 604,550 600,000(4) 30,271 2,958,138 5,250(5) 4,198,209
2006 300,000 365,000(6) — 1,441,928 107,825(7) 2,214,753
William B. Chiasson ......
Chief Financial Officer
2007 309,550 130,011(8) 58,009 503,081 5,250(9) 1,005,901
2006 301,250 61,000(10) 40,485 349,342 9,800(11) 761,877
Martin A. Pidel (12) .......
Executive Vice President,
International
2007 245,353 137,500(13) 75,000(14) 5,045 77,593 94,041(15) 634,532
Nancy G. MacIntyre (16) . . .
Executive Vice President,
Product, Innovation and
Marketing
2007 250,144 75,000(17) 150,000(18) 5,045 105,634 2,000(19) 587,823
Michael J. Dodd .......... 2007 289,200 170,050(20) 78,818 192,028 3,000(21) 733,096
Senior Vice President,
Supply Chain and
Operations
2006 270,769 57,000(22) 73,772 61,279 87,332(23) 550,152
(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 each of the fiscal years ended December 31, 2006
and December 31, 2007, in accordance with FAS 123R and include amounts attributable to awards granted
in and prior to the applicable year. However, as required, amounts shown in the table exclude the impact of
estimated forfeitures related to service-based vesting conditions. See the Grants of Plan-Based Awards
Table below for more information regarding stock awards granted in 2007. The assumptions made in the
valuation of the stock awards are discussed in Note 16, “Stock-Based Compensation,” of Notes to Financial
Statements included in our Annual Report on Form 10-K for the year ended December 31, 2007.
(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 and
December 31, 2007, in accordance with FAS 123R and include amounts attributable to awards granted in
and prior to the applicable year. However, as required, amounts shown in the table exclude the impact of
estimated forfeitures related to service-based vesting conditions. See the Grants of Plan-Based Awards
Table below for more information regarding option awards granted in 2007. The assumptions made in the
valuation of the option awards are discussed in Note 16, “Stock-Based Compensation,” of Notes to
Financial Statements included in our Annual Report on Form 10-K for the year ended December 31, 2007.
(3) Mr. Katz became our CEO and President in July 2006.
(4) Bonus paid to Mr. Katz in February 2008 under our 2007 bonus plan and based on the achievement of
corporate and individual performance goals and achievements for 2007.
(5) Mr. Katz received an automobile allowance of $3,250 through May 31, 2007. In May 2007, the compensation
committee eliminated automobile allowances for all named executive officers and instead added, effective as
of June 1, 2007, the amount of each individual named executive officer’s automobile allowance to his base
salary. Mr. Katz also received $2,000 in matching grants made to his 401(k) savings plan.
50