LeapFrog 2013 Annual Report Download - page 146
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Please find page 146 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.GRANTS OF PLAN-BASED AWARDS
The following table presents, for the fiscal year ended December 31, 2013, certain information regarding
grants of plan-based awards to our named executive officers.
Estimated Possible Payouts
Under Non-Equity
Incentive Plan Awards
(1)
All Other
Stock
Awards:
Number of
Shares of
Stock or
Units
(#)
All Other
Option
Awards:
Number of
Securities
Underlying
Options
(#)
Exercise
or Base
Price of
Option
Awards
($/Sh)
(2)
Closing
Market
Price on
Grant
Date
($/Sh)
(2)
Grant Date
Fair Value of
Stock and
Option
Awards
($)
(3)
Name Grant Date
Threshold
($)
Target
($)
Maximum
($)
John Barbour ............... 101,200 575,000 1,035,000
3/15/2013 110,000 — 0 8.41 925,100
3/15/2013 — 270,000 8.41 8.41 1,297,728
Raymond L. Arthur ............ 64,969 393,750 689,063
3/15/2013 30,000 — 0 8.41 252,300
3/15/2013 — 70,000 8.41 8.41 336,448
Kenneth A. Adams ............ 16,196 98,157 171,775
6/17/2013 80,000 — 0 9.66 772,800
6/10/2013 — 200,000 9.73 9.73 1,073,220
Gregory B. Ahearn ............ 64,969 393,750 689,063
3/15/2013 30,000 — 0 8.41 252,300
3/15/2013 — 70,000 8.41 8.41 336,448
Michael J. Dodd ............. 50,490 306,000 535,500
8/16/2013 40,000 — 0 9.48 379,200
9/16/2013 — 90,000 10.39 10.39 570,726
Christopher Spalding ........... 31,775 192,576 337,007
3/15/2013 100,000 — 0 8.41 841,000
3/15/2013 — 200,000 8.41 8.41 961,280
(1) The amounts reported reflect the estimated possible threshold, target and maximum bonus payouts under
the performance cash award provisions of the 2011 Plan for the performance period beginning January 1,
2013, and ending December 31, 2013. The ‘‘Threshold’’ column assumes achievement of the Threshold
company objectives and zero individual objectives. The ‘‘Target’’ column assumes achievement of the
Target company objectives and 100% of the individual objectives. The ‘‘Maximum’’ column assumes
achievement of the Maximum company objectives and 100% of the individual objectives. For additional
information regarding the Company’s annual bonus program for 2013, please see the section, above,
entitled Executive Compensation — Compensation Discussion and Analysis — Elements of Executive
Compensation — Performance-based bonuses. Actual bonuses received by each Named Executive Officer
for the 2013 fiscal year are reported in the Summary Compensation Table.
(2) As provided in the 2011 Plan, we grant options to purchase shares of our Class A common stock at an
exercise price equal to the closing market price of our Class A common stock on the date of grant.
(3) Represents the full fair value of the option or stock award computed as of the grant date in accordance
with FASB ASC Topic 718. See Note 13 of Notes to Financial Statements included in our Annual Report
on Form 10-K for the year ended December 31, 2013, for a discussion of assumptions made in
determining the grant date fair value and compensation expense of equity awards.
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