iRobot 2009 Annual Report Download - page 31

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Proxy Statement
(3) The non-employee members of our board of directors who held such position on January 2, 2010 held the
following aggregate number of unexercised options as of such date:
Name
Number of
Securities
Underlying
Unexercised
Options
Rodney A. Brooks, Ph.D. ............ 19,333
Ronald Chwang, Ph.D. .............. 80,000
Jacques S. Gansler, Ph.D. ............ 90,000
Andrea Geisser .................... 80,000
Helen Greiner ..................... 31,333
Paul J. Kern, Gen. U.S. Army (ret.) ..... 80,000
George C. McNamee ................ 80,000
Peter T. Meekin .................... 80,000
(4) The following table presents the fair value of each grant of stock options in 2009 to the non-employee
members of our board of directors, computed in accordance with FASB ASC Topic 718:
Name Grant Date
Number of
Securities
Underlying
Options
Exercise
Price of
Option
Awards
($)
Grant Date
Fair Value of
Options
($)
Rodney A. Brooks, Ph.D. .......... 6/26/2009 10,000 13.46 59,794
Ronald Chwang, Ph.D. ............ 6/26/2009 10,000 13.46 59,794
Jacques S. Gansler, Ph.D. .......... 6/26/2009 10,000 13.46 59,794
Andrea Geisser .................. 6/26/2009 10,000 13.46 59,794
Helen Greiner . .................. 6/26/2009 10,000 13.46 59,794
Paul J. Kern, Gen. U.S. Army (ret.) . . . 6/26/2009 10,000 13.46 59,794
George C. McNamee .............. 6/26/2009 10,000 13.46 59,794
Peter T. Meekin ................. 6/26/2009 10,000 13.46 59,794
Transactions with Related Persons
Other than compensation agreements and other arrangements which are described in “Compensation
Discussion & Analysis,” in 2009, there has not been, and there is not currently proposed, any transaction or
series of similar transactions to which we were or will be a party in which the amount involved exceeded or
will exceed $120,000 and in which any director, executive officer, holder of five percent or more of any class
of our capital stock or any member of their immediate family had or will have a direct or indirect material
interest.
Our board of directors has adopted a written related party transaction approval policy, which sets forth
our polices and procedures for the review, approval or ratification of any transaction required to be reported in
our filings with the Securities and Exchange Commission. Our policy with regard to related party transactions
is that all related party transactions are to be reviewed by our general counsel, who will determine whether the
contemplated transaction or arrangement requires the approval of the board of directors, the nominating and
corporate governance committee, both or neither.
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