Vistaprint 2007 Annual Report Download - page 124

Download and view the complete annual report

Please find page 124 of the 2007 Vistaprint 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.

Page out of 156

  • 1
  • 2
  • 3
  • 4
  • 5
  • 6
  • 7
  • 8
  • 9
  • 10
  • 11
  • 12
  • 13
  • 14
  • 15
  • 16
  • 17
  • 18
  • 19
  • 20
  • 21
  • 22
  • 23
  • 24
  • 25
  • 26
  • 27
  • 28
  • 29
  • 30
  • 31
  • 32
  • 33
  • 34
  • 35
  • 36
  • 37
  • 38
  • 39
  • 40
  • 41
  • 42
  • 43
  • 44
  • 45
  • 46
  • 47
  • 48
  • 49
  • 50
  • 51
  • 52
  • 53
  • 54
  • 55
  • 56
  • 57
  • 58
  • 59
  • 60
  • 61
  • 62
  • 63
  • 64
  • 65
  • 66
  • 67
  • 68
  • 69
  • 70
  • 71
  • 72
  • 73
  • 74
  • 75
  • 76
  • 77
  • 78
  • 79
  • 80
  • 81
  • 82
  • 83
  • 84
  • 85
  • 86
  • 87
  • 88
  • 89
  • 90
  • 91
  • 92
  • 93
  • 94
  • 95
  • 96
  • 97
  • 98
  • 99
  • 100
  • 101
  • 102
  • 103
  • 104
  • 105
  • 106
  • 107
  • 108
  • 109
  • 110
  • 111
  • 112
  • 113
  • 114
  • 115
  • 116
  • 117
  • 118
  • 119
  • 120
  • 121
  • 122
  • 123
  • 124
  • 125
  • 126
  • 127
  • 128
  • 129
  • 130
  • 131
  • 132
  • 133
  • 134
  • 135
  • 136
  • 137
  • 138
  • 139
  • 140
  • 141
  • 142
  • 143
  • 144
  • 145
  • 146
  • 147
  • 148
  • 149
  • 150
  • 151
  • 152
  • 153
  • 154
  • 155
  • 156

exercised on or before 60 days after August 31, 2007: Mr. Keane, 566,887 shares; Ms. Cebula, 70,062
shares; Ms. Drapeau, 78,395 shares; Mr. Grewal, 47,500 shares; Ms. Holian, 29,687 shares; Mr. Ciporin,
20,731 shares; Mr. Gavin, 4,737 shares, Mr. Overholser, 33,231 shares, Mr. Page, 731 shares, Mr. Riley,
25,731 shares; and all executive officers and directors as a group, 877,692 shares. Unless otherwise
indicated, each person in the table has sole voting and investment power over the shares listed. The
inclusion in the table of any shares, however, does not constitute an admission of beneficial ownership of
those shares by the named shareholder.
(3) The percentage ownership for each shareholder on August 31, 2007 is calculated by dividing (1) the total
number of shares beneficially owned by the shareholder by (2) 43,582,957, the number of common shares
outstanding on August 31, 2007, plus any shares issuable (including vested restricted share units and share
options exercisable) within 60 days after August 31, 2007 by the shareholder.
(4) The number of shares reflected as beneficially owned by Janus Capital Management LLC is based upon
information provided in a Schedule 13G/A filed by Janus Capital Management LLC with the SEC on
February 14, 2007.
(5) The number of shares reflected as beneficially owned by FMR Corp. is based upon information provided in
a Schedule 13G/A filed by FMR Corp. with the SEC on February 12, 2007.
(6) The number of shares reflected as beneficially owned by AXA Financial, Inc. is based upon information
provided in a Schedule 13G filed by AXA Financial, Inc. with the SEC on February 14, 2007.
(7) Includes an aggregate of (i) 2,581,975 shares held by family trusts established for the benefit of Mr. Keane
and/or members of his immediate family (the “Trusts”); (ii) 227,185 shares held jointly with Mr. Keane’s
spouse; and (iii) 1,000 shares held by a charitable entity established by Mr. Keane and his spouse. Voting
and investment power with respect to the common shares in the Trusts is held by trustees other than
Mr. Keane or his spouse, who do not have such rights. Voting and investment power with respect to the
shares held jointly by Mr. Keane and his spouse and by the charitable entity is shared by Mr. Keane and his
spouse. Mr. Keane disclaims beneficial ownership of the shares held by the Trusts except to the extent of his
pecuniary interest therein. Mr. Keane disclaims beneficial ownership of the shares held by the charitable
entity.
(8) Mr. Flanagan resigned from his employment with VistaPrint on July 3, 2006. The number of shares
reflected as beneficially owned by Mr. Flanagan is based upon information obtained through Company
records.
(9) Includes 19,562 shares held by trusts established by Ms. Holian’s spouse. Ms. Holian disclaims beneficial
ownership of such shares except to the extent of her pecuniary interest therein.
(10) Includes 357,700 shares held by Window to Wall Street Inc. and 4,000 shares held in custodial accounts for
the benefit of Mr. Page’s minor children. Mr. Page is president of Window to Wall Street Inc. Mr. Page
disclaims beneficial ownership of all such shares except to the extent of his pecuniary interest therein.
Section 16(a) Beneficial Ownership Reporting Compliance
Section 16(a) of the Exchange Act requires our directors, executive officers and the holders of more than
10% of our common shares to file with the SEC initial reports of ownership of our common shares and other
equity securities on a Form 3 and reports of changes in such ownership on a Form 4 or Form 5. Officers,
directors and 10% shareholders are required by SEC regulations to furnish us with copies of all Section 16(a)
forms they file. Based on our review of copies of reports filed with the SEC and except as set forth in the above
table, we do not believe that there are currently any beneficial owners of more than ten percent of our common
shares.
Based solely on our review of copies of reports filed by our directors and executive officers with the SEC or
written representations from such persons pursuant to Item 405 of Regulation S-K, we believe that during the
fiscal year ended June 30, 2007, all filings required to be made by our directors and executive officers pursuant
to Section 16(a) with respect to VistaPrint Limited securities were made in accordance with Section 16(a).
8