Vistaprint 2011 Annual Report Download - page 134

Download and view the complete annual report

Please find page 134 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

Proxy Statement
Option Exercises and Shares Vested in the Fiscal Year Ended June 30, 2011
The following table contains information about option exercises and vesting of restricted share units on
an aggregated basis during fiscal 2011 for each of our named executive officers.
Name
Number of Shares
Acquired on
Exercise
(#)
Value Realized
on Exercise
(1)($)
Number of Shares
Acquired on
Vesting
(#)
Value Realized
on Vesting
(2)($)
Option Awards Share Awards
Robert S. Keane ............ 14,134 718,044
Katryn Blake .............. 10,331 473,186
Wendy M. Cebula .......... 50,900 939,539 25,164 1,170,760
Nicholas Ruotolo ........... — 9,778 447,314
Ernst J. Teunissen........... — 5,625 235,063
Michael Giannetto .......... 28,950 410,790 20,360 950,075
(1) Represents the net amount realized from all option exercises during fiscal 2011. In cases involving an
exercise and immediate sale, the value was calculated on the basis of the actual sale price. In cases involv-
ing an exercise without immediate sale, the value was calculated on the basis of our closing sale price of
our ordinary shares on the NASDAQ Global Select Market on the date of exercise.
(2) The value realized on vesting of restricted share units is determined by multiplying the number of shares
that vested by the closing sale price of our ordinary shares on the NASDAQ Global Select Market on the
vesting date.
COMPENSATION OF SUPERVISORY BOARD MEMBERS
The following contains information with respect to the compensation earned by our supervisory directors
in the fiscal year ended June 30, 2011:
Name
Fees
Earned or
Paid in
Cash
($)
Share
Awards
(1)($)
Option
Awards
(1)($)
Total
($)
John J. Gavin, Jr. ............................. 34,466 109,976 49,978 194,420
Peter Gyenes................................. 43,919 109,976 49,978 203,873
George M. Overholser .......................... 34,466 109,976 49,978 194,420
Louis R. Page ................................ 43,919 109,976 49,978 203,873
Richard T. Riley .............................. 43,919 109,976 49,978 203,873
Mark T. Thomas .............................. 34,466 109,976 49,978 194,420
(1) The value of the share awards equals their grant date fair value as computed in accordance with FASB
ASC Topic 718. You can find the assumptions we used in the calculations for these amounts in Note 8 to
our Consolidated Financial Statements included in our Annual Report on Form 10-K for the fiscal year
ended June 30, 2011. All share options referenced in this table were granted with an exercise price equal
to the closing price of our ordinary shares on the NASDAQ Global Select Market on the date of grant.
41