LeapFrog 2011 Annual Report Download - page 105

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2012 ANNUAL MEETING OF STOCKHOLDERS
NOTICE OF ANNUAL MEETING AND PROXY STATEMENT
TABLE OF CONTENTS
QUESTIONS AND ANSWERS ABOUT THESE PROXY MATERIALS AND VOTING ........ 1
Why did I receive a notice regarding the availability of proxy materials on the Internet? ..... 1
Why are these proxy materials being made available? ............................. 1
How do I attend the annual meeting? ........................................ 1
Who can vote at the annual meeting? ........................................ 1
What am I voting on?................................................... 2
How do I vote? ....................................................... 2
What if I return a proxy card or otherwise complete a ballot or give voting instructions
but do not make specific choices.......................................... 2
Who is paying for this proxy solicitation? ..................................... 3
What does it mean if I receive more than one Notice? ............................. 3
Can I change my vote after submitting my proxy? ............................... 3
When are stockholder proposals due for next year’s annual meeting? ................... 3
What are broker non-votes? How do I vote if I hold my shares in street name? ............ 3
How are votes counted? ................................................. 4
How many votes are needed to approve each of the proposals? ....................... 4
What is the quorum requirement? ........................................... 4
How many votes do I have? .............................................. 4
How can I find out the results of the voting at the annual meeting? .................... 4
PROPOSAL ONE—ELECTION OF DIRECTORS .................................. 5
Nominees ........................................................... 5
Required Vote ........................................................ 9
Recommendation ...................................................... 9
PROPOSAL TWO—RATIFICATION OF SELECTION OF INDEPENDENT REGISTERED
PUBLIC ACCOUNTING FIRM ............................................. 10
Independent Registered Public Accounting Firm Fee Information...................... 10
Pre-Approval Procedures of Audit and Non-Audit Services by the Independent Registered
Public Accounting Firm ................................................ 11
Required Vote ........................................................ 11
Recommendation ...................................................... 11
PROPOSAL THREE—APPROVAL OF AN AMENDMENT OF THE
LEAPFROG ENTERPRISES, INC. 2011 EQUITY INCENTIVE PLAN .................. 12
Background.......................................................... 12
Summary of the Amended and Restated 2011 EIP................................ 13
U.S. Federal Tax Consequences ............................................ 15
Equity Compensation Plan Information ....................................... 18
Required Vote ........................................................ 18
Recommendation ...................................................... 18
SECURITY OWNERSHIP OF CERTAIN BENEFICIAL OWNERS AND MANAGEMENT ...... 19
TRANSACTIONS WITH RELATED PERSONS .................................... 23
BOARD OF DIRECTORS AND CORPORATE GOVERNANCE ........................ 24
Independence of the Board of Directors....................................... 24
Board Meetings ....................................................... 24
Board Leadership Structure ............................................... 24
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