LeapFrog 2011 Annual Report Download - page 155

Summary Compensation Information
The following table presents the compensation awarded, paid to or earned by, our named executive
officers. The named executive officers for 2011 are our CEO from March through December 2011, our
CEO from January through March 2011, our CFO, our two other most highly compensated executive officers
who were serving as executive officers at the end of 2011 and one former executive officer who would have
been one of the three other most highly compensated executive officers had he been serving as an executive
officer at the end of 2011. The table shows compensation for 2011 and, where the individual was a named
executive officer in the relevant prior year, 2010 and 2009.
SUMMARY COMPENSATION TABLE
Name and Principal Position Year
Salary
Received
($)
Bonus
($)*
Stock
Awards
($)
(1)
Option
Awards
($)
(2)
Non-Equity
Incentive Plan
Compensation
($)*
All Other
Compensation
($)
Total
Compensation
($)
John Barbour
Chief Executive Officer
(3)
2011 470,689 470,689 685,500 1,888,700 148,778
(4)
198,059
(5)
3,862,415
William B. Chiasson
Former Chief Executive
Officer
(6)
2011 132,116 — 16,667 81,116 — 629,292
(7)
859,191
2010 427,133 — 948,000 522,945 120,452
(8)
— 2,018,530
2009 312,800 — — 387,833 37,536
(9)
2,000
(10)
740,169
Mark Etnyre
(11)
Chief Financial Officer
2011 311,875 — — — 262,538
(4)
— 574,413
2010 291,667 — 757,750 — 54,833
(8)
5,000
(12)
1,109,250
William K. Campbell
President, Americas Sales
2011 311,875 — — — 261,930
(4)
42,000
(13)
615,805
2010 290,675 — 1,070,000 — 47,380
(8)
38,413
(14)
1,446,468
2009 244,050 — — 254,108 29,286
(9)
2,000
(10)
529,444
Michael J. Dodd
President and Chief
Operating Officer
2011 408,000 — — — 398,132
(4)
— 806,132
2010 349,033 306,000 1,824,000 — — — 2,479,033
2009 292,200 — — 433,467 35,064
(9)
— 760,731
Michael Chai
(15)
Former Executive
Vice President,
Product Development
and Engineering
2011 131,945 — — — — 210,693
(16)
342,638
2010 316,040 270,891 1,368,000 — — — 1,954,931
* The amounts reported in the ‘‘Bonus’’ column represent guaranteed bonus payments made pursuant to
employment agreements or similar arrangements with the executive officer. As required under the
applicable rules of the SEC, performance-based bonus payments are reported in the ‘‘Non-Equity
Incentive Plan Compensation’’ column, to the extent that they are based upon satisfaction of
pre-established performance conditions the outcome of which was substantially uncertain.
(1) The amount reported in the ‘‘Stock Awards’’ column is based on the grant date fair value computed in
accordance with FASB ASC Topic 718. The assumptions made in the valuation of the option awards are
discussed in Note 13, ‘‘Stock-Based Compensation,’’ of the Notes to the Consolidated Financial
Statements included in our Annual Report on Form 10-K for the year ended December 31, 2011.
(2) The amount reported in the ‘‘Option Awards’’ column is based on the grant date fair value computed in
accordance with FASB ASC Topic 718. The assumptions made in the valuation of the option awards are
discussed in Note 13, ‘‘Stock-Based Compensation,’’ of the Notes to the Consolidated Financial
Statements included in our Annual Report on Form 10-K for the year ended December 31, 2011. To the
extent that option awards were granted as part of our value-for-value stock option exchange program in
2009, the amounts reported for such option awards are their incremental fair values as of the date of the
exchange, calculated in accordance with FASB ASC Topic 718. The option exchange programs were
designed to result in no incremental accounting cost for the new options issued in the exchange and, as a
result, the incremental fair value of such options was generally approximately zero.
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