iRobot 2010 Annual Report Download - page 31

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Grants of Plan-Based Awards in 2010
The following table sets forth, for each of the named executive officers, information about grants of plan-
based awards during fiscal year 2010.
GRANTS OF PLAN-BASED AWARDS — 2010
Name Grant Date
Threshold
($)
Target
($)
Maximum
($)
All Other
Stock
Awards:
Number
of Shares
of Stock
or Units
(#)(2)
All Other
Option
Awards:
Number of
Securities
Underlying
Options
(#)(2)
Exercise
or Base
Price of
Option
Awards
($/Sh)
Grant
Date Fair
Value of
Stock and
Option
Awards
($)
Estimated Possible Payouts Under
Non-Equity Incentive Plan
Awards(1)
Colin M. Angle . . . . . . . — 195,583 391,166 782,332 — — — —
4/2/2010 — — — 30,250 — 14.52 439,230
4/2/2010 — — — — 113,950 14.52 817,477
John J. Leahy . . . . . . . . . — 117,123 234,246 468,492 — — — —
4/2/2010 — — — 12,350 — 14.52 179,322
4/2/2010 — — — — 46,550 14.52 333,950
Joseph W. Dyer . . . . . . . 111,300 222,600 445,200 — — — —
4/2/2010 — — — 11,700 — 14.52 169,884
4/2/2010 — — — — 44,150 14.52 316,732
10/1/2010 — — — 3,761 — 18.61 69,992
10/1/2010 — — — — 13,845 18.61 129,780
Jeffrey A. Beck . . . . . . . — 107,636 215,272 430,544 — — — —
4/2/2010 — — — 5,700 — 14.52 82,764
4/2/2010 — — — — 21,500 14.52 154,241
Russell J. Campanello . . . — — — — — — —
12/30/2010 — — — 35,000 — 24.53 858,550
12/30/2010 — — — — 100,000 24.53 1,257,380
(1) This reflects the threshold, target and maximum incentive cash payout levels established under our Senior
Executive Incentive Compensation Plan. The actual amounts paid for fiscal year 2010 are disclosed in the
“Non-Equity Incentive Plan Compensation” column of the Summary Compensation Table.
(2) All stock awards and option awards were made pursuant to our 2005 Stock Option and Incentive Plan (the
“2005 Plan”).
Discussion of Summary Compensation and Grants of Plan-Based Awards Tables
The compensation paid to the named executive officers includes salary, cash incentive compensation and
equity incentive compensation. In addition, each named executive officer is eligible to receive contributions to
his or her amount under our matching contribution program under our 401(k) plan.
In 2010, salary was approximately 20.1%, 29.4%, 25.3%, 36.7% and 2.4% of the total compensation for
Messrs. Angle, Leahy, Dyer, Beck and Campanello respectively. In 2009, salary was approximately 28.6%,
46.3%, 40.5% and 16.9% of the total compensation for Messrs. Angle, Leahy, Dyer, and Beck, respectively. In
2008, salary was approximately 37.9%, 7.7% and 40.4% of the total compensation for Messrs. Angle, Leahy,
and Dyer, respectively.
Our named executive officers are eligible to participate in our Senior Executive Incentive Compensation
Plan, which provides for cash incentive payments based on an evaluation of the achievement against
predetermined measurable financial and operational metrics in accordance with the terms of the plan as
adopted by the compensation committee. Our named executive officers are also eligible to receive restricted
stock, stock option grants and other stock awards. These stock-based incentives are based on various factors
27
Proxy Statement