iRobot 2008 Annual Report Download - page 26

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global economic conditions, the lack of any cash incentive compensation paid pursuant to the 2007 Senior
Executive Incentive Compensation Plan , and the comparable cash incentive compensation of companies
within our peer group.
For 2008, non-equity incentive compensation was approximately 16.4%, 20.3%, 26.4%, 16.9%, 7.7%,
9.5%, and 6.9% of the total compensation for Messrs. Angle, Leahy, Dyer and Weinstein, Mses. Dean and
Greiner, and Mr. Clear, respectively.
Equity Incentive Compensation
Executive officers are eligible to receive restricted stock, stock option grants and other stock awards.
These stock-based incentives are based on various factors primarily relating to the responsibilities of the
individual officer, their past performance, anticipated future contributions and prior option grants. In general,
our compensation committee bases its decisions to grant stock-based incentives on recommendations of
management and the compensation committee’s analysis of peer group compensation information, with the
intention of keeping the executives’ overall compensation, including the equity component of that compensa-
tion, at a competitive level with the comparator companies reviewed by the committee in the technology and
robotics industries. Our compensation committee also considers the number of shares of common stock
outstanding, the number of shares of common stock authorized for issuance under its equity compensation
plans, the number of options and shares held by the executive officer for whom an award is being considered
and the other elements of the officer’s compensation, as well as our compensation objectives and policies
described above. In 2007 and 2008, stock options and restricted stock awards were granted to our named
executive officers, as noted in the “Grants of Plan-Based Awards-2008” table above. There were no stock
options or restricted stock awards granted to our named executive officers in 2006.
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