LeapFrog 2010 Annual Report Download - page 146

DIRECTOR COMPENSATION
During the fiscal year ended December 31, 2010, our non-employee directors who served during 2010
received the following compensation for their service on our board of directors:
Director Compensation for Fiscal Year 2010
Name
Fees Earned
or Paid in Cash
($)(1)
Stock
Awards
($)
Option
Awards
($)(2)(3)(4)
Total
($)
Thomas J. Kalinske .................................... 45,000 — 29,514 74,514
Paul T. Marinelli ...................................... 66,000 — 29,514 95,514
Stanley E. Maron ...................................... 88,000 — 29,514 117,514
E. Stanton McKee, Jr. .................................. 100,000 — 29,514 129,514
David C. Nagel ....................................... 62,500 — 29,514 92,014
Philip B. Simon ....................................... 67,654 — 29,514 97,168
Caden Wang ......................................... 99,500 — 29,514 129,014
(1) Reflects board retainer fees, committee chair and audit committee retainer fees, subcommittee retainer fees,
and meeting fees.
(2) At December 31, 2010, the following non-employee directors each held stock awards and stock options
covering the following aggregate numbers of shares:
Stock Awards
(number of shares)
Stock Options
(number of shares)
Name Vested Unvested
Total
Outstanding
Total
Outstanding
Thomas J. Kalinske ..................... — — — 194,494
Paul T. Marinelli ....................... — — — 85,000
Stanley E. Maron ....................... 20,000 — 20,000 112,813
E. Stanton McKee, Jr. ................... 25,000 — 25,000 99,514
David C. Nagel ........................ 20,000 — 20,000 99,778
Philip B. Simon ........................ — — — 85,000
Caden Wang .......................... 20,000 — 20,000 104,899
(3) The amounts reported for the stock option awards are based on the grant date fair value computed in
accordance with FASB ASC Topic 718. The assumptions made in the valuation of the stock option awards
are discussed in Note 12, “Stock-Based Compensation,” of the Notes to Financial Statements included in
our Annual Report on Form 10-K for the year ended December 31, 2010 which was filed with the Securities
and Exchange Commission on February 22, 2011.
(4) In July 2010, each of our non-employee directors was automatically granted an annual non-statutory stock
option award pursuant to the 2002 Non-Employee Directors’ Stock Award Plan. These stock option awards
were granted at an exercise price of $3.92 per share and vest over three years. The grant date fair value of
each of these stock option awards, as calculated under FASB ASC Topic 718 for financial statement
reporting purposes, was as follows:
Name
Stock Option Awards
(Number of Shares) Grant Date Fair Value ($)
Thomas J. Kalinske .................... 15,000 29,514
Paul T. Marinelli ...................... 15,000 29,514
Stanley E. Maron ...................... 15,000 29,514
E. Stanton McKee, Jr. ................... 15,000 29,514
David C. Nagel ........................ 15,000 29,514
Philip B. Simon ....................... 15,000 29,514
Caden Wang .......................... 15,000 29,514
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