LeapFrog 2010 Annual Report Download - page 168

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vested and exercisable. See “Notes Regarding Summary Compensation Table and Grants of Plan-Based
Awards Table” above for information regarding adjustments in February 2010 to the vesting of Mr. Katz’s
unvested option awards based upon his resignation as our CEO.
(20) Represents grant of option pursuant to our option exchange program in exchange for cancellation of an
option to purchase 180,000 shares originally issued September 17, 2007 under the 2002 Equity Incentive
Plan. Option is fully vested and exercisable. See “Notes Regarding Summary Compensation Table and
Grants of Plan-Based Awards Table” above for information regarding adjustments in February 2010 to the
vesting of Mr. Katz’s unvested option awards based upon his resignation as our CEO.
(21) Represents grant of option pursuant to our option exchange program in exchange for cancellation of an
option to purchase 178,500 shares originally issued September 15, 2008 under the 2002 Equity Incentive
Plan. Option is fully vested and exercisable. See “Notes Regarding Summary Compensation Table and
Grants of Plan-Based Awards Table” above for information regarding adjustments in February 2010 to the
vesting of Mr. Katz’s unvested option awards based upon his resignation as our CEO.
(22) Represents 25,000 restricted stock units that vest at the rate of 25% of the shares subject to the award on
each of the four subsequent anniversaries of the grant date of January 15, 2008; 50,000 restricted stock units
that vest at the rate of 50% of the shares subject to the award one year from the vesting commencement
date, which was March 15, 2010, and in 12 equal monthly installments thereafter; and 75,000 restricted
stock units that vest at the rate of 50% of the shares subject to the award on January 1, 2012 and in 12 equal
monthly installments thereafter.
(23) Represents grant of option pursuant to our option exchange program in exchange for cancellation of an
option to purchase 100,000 shares originally issued January 15, 2008 under the 2002 Equity Incentive Plan.
Option vests over a four-year period, with 25% of the shares subject to the option vesting on the one-year
anniversary of the vesting commencement date, which was December 21, 2007, and in 36 equal monthly
installments thereafter.
(24) Represents grant of option pursuant to our option exchange program in exchange for cancellation of an
option to purchase 13,750 shares originally issued September 15, 2008 under the 2002 Equity Incentive
Plan. Option vests in 48 equal monthly installments from the vesting commencement date, which was
September 15, 2008.
(25) Option vests over a four-year period, with 25% of the shares subject to the option vesting on the one-year
anniversary of the vesting commencement date which was November 16, 2009, and in 36 equal monthly
installments thereafter.
(26) Represents 2,500 restricted stock units that vest at the rate of 25% of the shares subject to the award on each
of the four subsequent anniversaries of the grant date of September 17, 2007; 100,000 restricted stock units
that vest at the rate of 50% of the shares subject to the award one year from the vesting commencement
date, which was March 15, 2010, and in 12 equal monthly installments thereafter; and 200,000 restricted
stock units that vest at the rate of 50% of the shares subject to the award on January 1, 2012 and in 12 equal
monthly installments thereafter.
(27) Represents grant of option pursuant to our option exchange program in exchange for cancellation of an
option to purchase 25,000 shares originally issued April 18, 2005 under the 2002 Equity Incentive Plan.
Option is fully vested and exercisable.
(28) Represents grant of option pursuant to our option exchange program in exchange for cancellation of an
option to purchase 15,000 shares originally issued March 27, 2006 under the 2002 Equity Incentive Plan.
Option is fully vested and exercisable.
(29) Represents grant of option pursuant to our option exchange program in exchange for cancellation of an
option to purchase 75,000 shares originally issued October 30, 2006 under the 2002 Equity Incentive Plan.
Option is fully vested and exercisable.
62