LeapFrog 2013 Annual Report Download - page 127
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Please find page 127 of the 2013 LeapFrog annual report below. You can navigate through the pages in the report by either clicking on the pages listed below, or by using the keyword search tool below to find specific information within the annual report.DIRECTOR COMPENSATION
During the fiscal year ended December 31, 2013, our non-employee directors who served during 2013
received the following compensation for their service on our board of directors.
DIRECTOR COMPENSATION FOR FISCAL YEAR 2013
Name
Fees Earned or
Paid in Cash
($)
(1)
Stock
Awards
($)
(2)(3)(4)
Option
Awards
($)
(2)(3)(4)
Total
($)
William B. Chiasson ................ 60,000 50,002 49,996 159,998
Thomas J. Kalinske ................ 45,000 37,509 37,488 119,997
Paul T. Marinelli .................. 27,253 — — 27,253
Stanley E. Maron .................. 75,000 37,509 37,488 149,997
E. Stanton McKee, Jr. ............... 80,000 37,509 37,488 154,997
Theodore R. Mitchell ............... 40,000 37,509 37,488 114,997
Randy O. Rissman ................. 55,000 37,509 37,488 129,777
Caden C. Wang ................... 70,000 37,509 37,488 144,997
(1) Reflects board retainer fees, as well as committee and committee chair fees, as described more fully
below under the heading ‘‘Discussion of Director Compensation.’’
(2) On December 31, 2013, 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 Vested Unvested
Total
Outstanding
William B. Chiasson . — 4,907 4,907 381,964 10,578 392,542
Thomas J. Kalinske . . — 3,681 3,681 185,696 6,057 191,753
Paul T. Marinelli .... — — — 108,313 — 108,313
Stanley E. Maron . . . 20,000 3,681 23,681 123,369 6,057 129,426
E. Stanton McKee, Jr. 25,000 3,681 28,681 121,512 6,057 127,569
Theodore R. Mitchell . — 10,037 10,037 7,832 14,812 22,644
Randy O. Rissman . . — 13,097 13,097 48,736 20,386 69,122
Caden C. Wang .... 20,000 3,681 3,681 128,629 6,057 134,686
(3) The amounts reported for the stock awards and stock options 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
awards and stock options 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, 2013 which was filed with the SEC on March 14, 2014.
(4) In July 2013, each of our non-employee directors elected at our 2013 annual meeting of stockholders was
automatically granted an annual RSU award and stock option pursuant to the LeapFrog 2011 Equity and
Incentive Plan. The stock options were granted at an exercise price of $10.19 per share. The awards
vest on May 31, 2014, the last day of the month prior to the month of our 2014 annual meeting of
stockholders, which is June 4, 2014. The grant date fair value of each of these RSU awards and stock
options, as calculated under FASB ASC Topic 718 for financial statement reporting purposes, was as
follows:
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