Vistaprint 2007 Annual Report Download - page 147
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Option Exercises and Shares Vested
The following table contains information with respect to option exercises and shares vested on an
aggregated basis during the fiscal 2007 for each of our Named Executive Officers.
Option Awards
Name
Number of Shares
Acquired on
Exercise
(#)
Value Realized
on Exercise
($)
Robert Keane ..................................................... 40,000 1,333,880(1)
Harpreet Grewal ................................................... — —
Paul Flanagan ..................................................... 150,000 4,827,465(2)
Wendy Cebula .................................................... 83,000 2,258,146(3)
Anne Drapeau .................................................... 30,000 680,000(4)
Janet Holian ...................................................... 369,037 9,795,912(4)
(1) Represents the net amount realized from all option exercises during fiscal 2007. The value was calculated on
the basis of our closing sale price on the date of exercise since these involved an exercise without immediate
sale of the shares issued upon exercise.
(2) Represents the net amount realized from all option exercises during fiscal 2007. In those circumstances
involving an exercise and immediate sale by Mr. Flanagan, the value was calculated on the basis of the
actual sale price. In those circumstances involving an exercise without immediate sale, the value was
calculated on the basis of our closing sale price on the date of exercise.
(3) Represents the net amount realized from all option exercises during fiscal 2007. In those circumstances
involving an exercise and immediate sale by Ms. Cebula, the value was calculated on the basis of the actual
sale price. In those circumstances involving an exercise without immediate sale, the value was calculated on
the basis of our closing sale price on the date of exercise.
(4) Represents the net amount realized from all option exercises during fiscal 2007. The value was calculated on
the basis of the actual sale price since each involved the exercise and immediate sale upon exercise.
Proxy Statement
31