LeapFrog 2011 Annual Report Download - page 162

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(19) 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 Prior 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.
(20) 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 Prior Plan. Option vests
in 48 equal monthly installments from the vesting commencement date, which was September 15, 2008.
(21) 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.
(22) Represents 12,500 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.
(23) 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 Prior Plan. Option is fully
vested and exercisable.
(24) 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 Prior Plan. Option is fully
vested and exercisable.
(25) 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 Prior Plan. Option is fully
vested and exercisable.
(26) Represents grant of option pursuant to our option exchange program in exchange for cancellation of an
option to purchase 37,500 shares originally issued October 30, 2006 under the Prior Plan. Option is fully
vested and exercisable.
(27) Represents grant of option pursuant to our option exchange program in exchange for cancellation of an
option to purchase 37,500 shares originally issued October 30, 2006 under the Prior 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 30,000 shares originally issued September 17, 2007 under the Prior Plan. Option vests
in 48 equal monthly installments from the vesting commencement date, which was September 17, 2007.
(29) Represents grant of option pursuant to our option exchange program in exchange for cancellation of an
option to purchase 53,250 shares originally issued September 15, 2008 under the Prior Plan. Option vests
in 48 equal monthly installments from the vesting commencement date, which was September 15, 2008.
(30) 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.
(31) Mr. Chai left the Company in March 2011 and has no outstanding options or awards.
(32) Represents 9,375 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 100,000 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.
(33) Represents grant of option pursuant to our option exchange program in exchange for cancellation of an
option to purchase 3,334 shares originally issued July 25, 2002 under the Prior Plan. Option is fully
vested and exercisable.
(34) Represents grant of option pursuant to our option exchange program in exchange for cancellation of an
option to purchase 20,000 shares originally issued February 12, 2003 under the Prior Plan. Option is fully
vested and exercisable.
(35) Represents grant of option pursuant to our option exchange program in exchange for cancellation of an
option to purchase 5,900 shares originally issued May 19, 2004 under the Prior Plan. Option is fully
vested and exercisable.
56