Vistaprint 2007 Annual Report Download - page 143

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(2) Mr. Flanagan resigned as Chief Financial Officer of VistaPrint on July 3, 2006 and was paid severance in the amount
shown in the All Other Compensation column.
(3) Ms. Cebula was promoted to Executive Vice President and Chief Operating Officer on January 2, 2007.
(4) Performance based incentive payments made to the Named Executive Officers are not characterized as “Bonus”
payments for the fiscal year ended June 30, 2007 and are thus included in the “Non-Equity Incentive Plan
Compensation” column of the Summary Compensation Table. The amount shown for Mr. Grewal represents a sign on
bonus paid on October 31, 2006.
(5) The amounts reported in these columns represent the compensation expense we recognized in fiscal 2007 related to all
outstanding share based awards pursuant to SFAS 123R. Assumptions used in the calculations for these amounts are
included in the Note 2 to our Consolidated Financial Statements included in our Annual Report on Form 10-K for the
fiscal year ended June 30, 2006.
(6) Amounts reported in this column represent amounts earned based on fiscal 2007 performance under our Executive
Officer Fiscal Year 2007 Bonus Plan. For additional information regarding the awards see “Compensation Discussion
and Analysis – Incentive Bonuses.” The amounts were paid quarterly in accordance with the terms of the Executive
Officer Fiscal Year 2007 Bonus Plan.
(7) Represents payment of health club membership fees.
(8) Represents $24,000 in relocation reimbursement and $60,000 in bonus as a partial offset of anticipated bonus payment
from a previous employer.
(9) Amounts represent the matching contributions under VistaPrint USA’s 401(k) deferred savings retirement plan on behalf
of the Named Executive Officers.
(10) Includes $298,309 in compensation expense related to an option grant made to Ms. Drapeau at the time of her hiring in
September 2005.
Proxy Statement
27