Vistaprint 2007 Annual Report Download - page 140
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Please find page 140 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.The following table sets forth estimated compensation that would have been payable to our named executive
officers as severance or upon a change of control of VistaPrint under three alternative scenarios, assuming the
termination triggering a severance payment or change in control took place on June 30, 2007.
Name
Cash Payment
($)(1)
Accelerated
Vesting of
Stock Awards
($)(2)
Accelerated
Vesting of
Restricted
Stock
($)(3)
Welfare
Benefits
($)(4)
Tax Gross Up
Payment
($)(5)
Total
($)
Robert S. Keane
• Termination Without Cause or
With Good Reason prior to
Change of Control ........... 900,010 — — 18,508 — 918,518
• Change of Control only ....... — 12,081,412 — — 18,896,567 30,977,979
• Change of Control w/
Termination Without Cause or
with Good Reason ........... 900,010 12,081,412 — 18,508 18,896,567 31,896,497
Harpreet Grewal
• Termination Without Cause or
With Good Reason prior to
Change of Control ........... 191,271 — — 9,121 — 200,392
• Change of Control only ....... — 664,088 3,825,000 — 7,021,394 11,510,482
• Change of Control w/
Termination Without Cause or
With Good Reason ........... 382,542 664,088 3,825,000 18,241 7,021,394 11,911,265
Wendy Cebula
• Termination Without Cause or
With Good Reason prior to
Change of Control ........... 222,737 — — 8,305 — 231,042
• Change of Control only ....... — 3,050,849 — — 4,771,841 7,822,690
• Change of Control w/
Termination Without Cause or
With Good Reason ........... 445,473 3,050,849 — 16,609 4,771,841 8,284,772
Anne Drapeau
• Termination Without Cause or
With Good Reason prior to
Change of Control ........... 255,028 — — 1,617 — 256,645
• Change of Control only ....... — 3,469,132 — — 5,426,078 8,895,210
• Change of Control w/
Termination Without Cause or
With Good Reason ........... 510,056 3,469,132 — 3,234 5,426,078 9,408,500
Janet Holian
• Termination Without Cause or
With Good Reason prior to
Change of Control ........... 255,028 — — 5,764 — 260,792
• Change of Control only ....... — 6,546,899 — — 10,240,022 16,786,921
• Change of Control w/
Termination Without Cause or
With Good Reason ........... 510,056 6,546,899 — 11,528 10,240,022 17,308,505
(1) Amounts in this column reflect salary and bonus earned as of June 30, 2007.
(2) Amounts in this column represent the value of stock options upon the applicable triggering event described in the first
column. The value of stock options is based on the difference between the exercise price of the options and $38.25,
which was the closing price of our common shares on the last trading day of fiscal 2007, June 29, 2007.
(3) Amounts in this column represent the value of stock options and restricted share units upon the applicable triggering event
described in the first column, based on a closing price of $38.25 on the last trading day of fiscal 2007, June 29, 2007.
(4) Amounts reported in this column represent the estimated cost of providing employment related benefits during the
agreement period.
(5) This estimate is based on assumed values in the table.
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