iRobot 2008 Annual Report Download - page 27

Download and view the complete annual report

Please find page 27 of the 2008 iRobot 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

Outstanding Equity Awards at Fiscal Year End
The following table sets forth, for each of the named executive officers, information about unexercised
option awards and unvested restricted stock awards that were held as of December 27, 2008.
OUTSTANDING EQUITY AWARDS AT FISCAL YEAR END — 2008
Name
Number of
Securities
Underlying
Unexercised
Options
(#)
Exercisable
Number of
Securities
Underlying
Unexercised
Options
(#)
Unexercisable
Option
Exercise
Price
($)
Option
Expiration
Date
Number of
Shares or
Units of Stock
That Have
Not Vested
(#)
Market Value of
Shares or
Units of Stock
That Have
Not Vested
($)
Option Awards Stock Awards
Colin M. Angle....... 8,001 13,332(1) 16.03 5/25/2014 — —
— 26,000(1) 17.13 3/28/2015 20,299(1) 188,578
John J. Leahy ........ — 200,000(2) 14.05 6/27/2015 60,000(2) 557,400
Joseph P. Dyer ....... 113,839 — 2.33 2/18/2014 — —
32,082 — 2.33 2/18/2014 — —
44,328 24,000(3) 2.78 9/17/2014 — —
5,001 8,332(4) 16.03 5/25/2014 — —
— 14,000(4) 17.13 3/28/2015 13,999(4) 130,051
Glen D. Weinstein..... 11,702 — 1.87 9/27/2010 — —
10,000 — 0.55 12/19/2012 — —
12,000 3,000(5) 2.78 4/12/2014 — —
39,000 26,000(5) 4.96 2/23/2015 — —
9,000 15,000(6) 16.03 5/25/2014 — —
— 14,000(6) 17.13 3/28/2015 11,850(6) 110,087
Alison Dean ......... 4,800 13,754(7) 14.54 8/22/2015 — —
— 11,446(7) 14.54 8/22/2015 — —
6,750 5,250(8) 16.46 7/28/2013 — —
2,084 4,583(8) 18.74 7/27/2014 2,583(8) 23,996
— 5,333(8) 14.09 7/25/2015 875(9) 8,129
Helen Greiner ........ 8,001 13,332(10) 16.03 5/25/2014 12,799(10) 118,903
Geoffrey P. Clear ..... — — — — — —
(1) Mr. Angle’s stock option grants vest over a four-year period, at a rate of twenty-five percent (25%) on
the first anniversary of the grant, and quarterly thereafter. Mr. Angle’s restricted stock awards vest over a
four-year period, at a rate of twenty-five percent (25%) on each anniversary of the grant.
(2) Mr. Leahy’s stock option grant vests over a four-year period, at a rate of twenty-five percent (25%) on
the first anniversary of the grant, and quarterly thereafter. Mr. Leahy’s restricted stock award vests over a
four-year period, at a rate of twenty-five percent (25%) on each anniversary of the grant.
(3) Mr. Dyer’s stock option grant vests over a five-year period, at a rate of twenty percent (20%) on the first
anniversary of the grant, and annually thereafter.
(4) Mr. Dyer’s stock option grants vest over a four-year period, at a rate of twenty-five percent (25%) on the
first anniversary of the grant, and quarterly thereafter. Mr. Dyer’s restricted stock awards vest over a four-
year period, at a rate of twenty-five percent (25%) on each anniversary of the grant.
(5) Mr. Weinstein’s stock option grants vest over a five-year period, at a rate of twenty percent (20%) on the
first anniversary of the grant, and annually thereafter.
(6) Mr. Weinstein’s stock option grants vest over a four-year period, at a rate of twenty-five percent (25%)
on the first anniversary of the grant, and quarterly thereafter. Mr. Weinstein’s restricted stock awards vest
over a four-year period, at a rate of twenty-five percent (25%) on each anniversary of the grant.
25
Proxy Statement