Vistaprint 2010 Annual Report Download - page 136

Download and view the complete annual report

Please find page 136 of the 2010 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 145

  • 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

Proxy Statement
Report of the Compensation Committee
The Compensation Committee has reviewed and discussed with management the Compensation Discus-
sion and Analysis contained in this proxy statement. Based on the Compensation Committee’s review and
discussions with management, the Compensation Committee recommended to the Supervisory Board that the
Compensation Discussion and Analysis be included in this proxy statement.
Compensation Committee of the
Supervisory Board
George M. Overholser, Chair
Louis R. Page
Peter Gyenes
SUMMARY COMPENSATION TABLES
Summary Compensation Table
The following table summarizes the compensation earned in each of the last three fiscal years by:
(i) all individuals serving as our principal executive officer or acting in a similar capacity during the
fiscal year ended June 30, 2010;
(ii) all individuals serving as our principal financial officer or acting in a similar capacity during the
fiscal year ended June 30, 2010; and
(iii) our other two executive officers as of June 30, 2010.
Throughout this proxy statement, we refer to the individuals listed in (i) through (iii) above as our named
executive officers.
Name and Principal Position Year
Salary
($)
Share
Awards
($)(1)
Option
Awards
($)(1)
Non-Equity
Incentive Plan
Compensation
($)(2)
All Other
Compensation
($)
Total
($)
Robert S. Keane(3) ........... 2010 403,906 1,869,544 2,335,590 827,476 38,986(4) 5,475,502
President and Chief 2009 415,000 600,163 2,400,248 460,650 — 3,876,061
Executive Officer 2008 400,000 — 5,081,333 723,359 1,446(5) 6,206,138
Michael Giannetto(6) ......... 2010 325,000 707,918 176,882 422,875 7,350(7) 1,640,025
Executive Vice President 2009 280,000 586,840 117,343 188,700 6,904 1,179,787
and Chief Financial
Officer
Wendy M. Cebula ............ 2010 380,000 797,654 199,297 506,130 7,350(7) 1,890,431
President, Vistaprint 2009 375,000 746,890 149,346 249,750 6,903 1,527,889
North America 2008 250,000 2,168,914 — 261,455 6,750 2,687,119
Janet F. Holian .............. 2010 380,000 797,654 199,297 506,130 160,486(8) 2,043,567
President, Vistaprint 2009 375,000 746,890 149,346 249,750 66,372 1,587,358
Europe 2008 250,000 2,168,914 — 261,455 6,750 2,687,119
(1) The amounts reported in these columns represent a dollar amount equal to the grant date fair value of the
stock awards as computed in accordance with FASB ASC Topic 718. 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, 2010.
(2) The amounts reported in this column for fiscal 2010 represent the aggregate amounts earned for such fiscal
year under each named executive officer’s fiscal 2010 annual cash incentive award and the fiscal 2010
component of each officer’s long-term cash incentive award. You can find more information on the
amounts paid to each executive officer under each such award above in the Compensation Discussion and
31