Vistaprint 2009 Annual Report Download - page 151

(6) $59,472 of this amount represents reimbursement of rent, telephone and real estate agency fees in connection with
Ms. Holian’s travels to our Barcelona office, and $6,900 of this amount represents our matching contributions under
Vistaprint USA’s 401(k) deferred savings retirement plan. We made the reimbursement payments in Euros and converted
the amounts to US dollars for this table based on the currency conversion rate in effect on the date of each payment.
(7) Mr. Grewal tendered his resignation as an executive officer of Vistaprint effective October 2, 2008.
(8) In general, we make performance based incentive payments to our named executive officers under non-equity incentive
plans, and therefore these payments are not characterized as “Bonus” payments. The bonus amount for Mr. Grewal for
fiscal 2007 represents a sign-on bonus.
(9) This amount represents severance payments.
(10) Ms. Drapeau tendered her resignation as an executive officer of Vistaprint effective September 30, 2008.
Grants of Plan-Based Awards in the Fiscal Year Ended June 30, 2009
The following table contains information about plan-based awards granted to each of our named executive
officers during the fiscal year ended June 30, 2009.
Name Grant Date
All Other
Share
Awards:
Number
of Shares
or Share
Units
(1)(#)
All Other
Option
Awards:
Number of
Securities
Underlying
Options
(2)(#)
Exercise
or Base
Price of
Option
Awards
($/Sh)(3)
Grant Date
Fair Value
of Share
and Option
Awards
($)(4)
Robert S. Keane ................................ 5/7/2009 17,523 146,028 34.25 3,000,863
Michael Giannetto .............................. 5/7/2009 17,134 7,139 34.25 704,205
Wendy M. Cebula .............................. 5/7/2009 21,807 9,086 34.25 896,264
Janet F. Holian ................................. 5/7/2009 21,807 9,086 34.25 896,264
Harpreet Grewal ............................... — — — —
Anne Drapeau ................................. — — — —
(1) The amounts reported in this column represent restricted share units granted under our Amended and
Restated 2005 Equity Incentive Plan that vest 25% one year after the date of grant and 6.25% per quarter
thereafter. As the restricted share units vest, we automatically issue the vested shares to the employee; the
employee does not need to exercise them or pay any amount to us for the purchase of the shares.
(2) The amounts reported in this column represent share options granted under our Amended and Restated 2005
Equity Incentive Plan that vest 25% one year after the date of grant and 6.25% per quarter thereafter.
(3) The exercise price of our share options equals the closing price of our common shares on the NASDAQ
Global Select Market on the date of grant.
(4) The amounts reported in this column represent the grant date fair value for each share-based award
computed in accordance with SFAS 123R. You can find the assumptions we used in the calculations for
these amounts in Note 2 to our Consolidated Financial Statements included in our Annual Report on
Form 10-K for the fiscal year ended June 30, 2009. Based on guidance issued by the SEC and our updated
interpretation of that guidance, we used a different methodology for the amounts in this column for this
proxy statement than we did for last year’s proxy statement.
Proxy Statement
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