Vistaprint 2011 Annual Report Download - page 133

Download and view the complete annual report

Please find page 133 of the 2011 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 139

  • 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

Outstanding Equity Awards at June 30, 2011
The following table contains information about unexercised share options and unvested restricted share
units as of June 30, 2011 for each of our named executive officers.
Name (#) Exercisable (#) Unexercisable
Option
Exercise
Price
(1)($)
Option
Expiration
Date
Number
of Shares
or Share
Units
That
Have Not
Vested
(2)(#)
Market
Value of
Shares or
Share
Units That
Have Not
Vested
(3)($)
Number of
Securities
Underlying
Unexercised
Options
Option Awards Share Awards
Robert S. Keane(4)............... 150,000 — 4.11 01/28/2014
700,000 — 12.33 05/31/2015
130,050 — 23.31 08/04/2016
143,618 — 37.51 05/15/2017
249,988 83,330 34.87 05/02/2018
73,012 73,016 34.25 05/07/2019
24,200 72,600 47.91 05/06/2020
— 105,240 54.02 05/05/2021
80,237 3,839,340
Katryn Blake ................... 6,259 — 23.31 08/04/2016
17,478 — 33.47 08/06/2017
— 23,255 41.02 11/22/2020
— 8,308 54.02 05/05/2021
59,862 2,864,397
Wendy M. Cebula ............... 2,500 — 23.31 08/04/2016
22,814 — 37.51 05/15/2017
4,542 4,544 34.25 05/07/2019
2,065 6,195 47.91 05/06/2020
— 46,511 41.02 11/22/2020
— 21,232 54.02 05/05/2021
95,333 4,561,684
Nicholas Ruotolo ................ 2,672 — 23.31 08/04/2016
12,097 — 33.47 08/06/2017
— 23,255 41.02 11/22/2020
— 8,308 54.02 05/05/2021
59,150 2,830,328
Ernst J. Teunissen ............... — 19,484 48.89 03/01/2021
— 8,308 54.02 05/05/2021
43,155 2,064,967
Michael Giannetto ............... 1,000 — 47.91 05/06/2020
(1) Each share option has an exercise price equal to the fair market value of our ordinary shares on the date
of grant and becomes exercisable, so long as the named executive officer continues to be employed with
us, as to 25% of the shares subject to the option after one year and 6.25% per quarter thereafter. Each
share option expires 10 years after the date on which it was granted.
(2) So long as the named executive officer continues to be employed with us, each restricted share unit vests,
and the vested shares are issued to the named executive officer, as to 25% of the shares subject to the unit
after one year and 6.25% per quarter thereafter.
(3) The market value of the restricted share units is determined by multiplying the number of restricted share
units by $47.85 per share, which was the closing price of our ordinary shares on the NASDAQ Global
Select Market on June 30, 2011.
(4) Mr. Keane has transferred all of his outstanding awards to his Trusts.
40