iRobot 2015 Annual Report Download - page 56

Cash Payments and/or Acceleration of Vesting Following Certain Termination Events
Assuming the employment of our named executive officers was terminated without cause (not in
connection with a change in control) on January 2, 2016, our named executive officers would be entitled to cash
payments in the amounts set forth opposite their names in the table below, subject to any deferrals required under
Section 409A of the Code.
Name
Base
Salary
($)
Continuation of
Health Plan
Premium
Payments ($) Total ($)
Colin M. Angle 337,500 12,779 350,279
Alison Dean 215,000 11,408 226,408
Russell J. Campanello 170,000 12,779 182,779
Christian Cerda 200,000 12,779 212,779
Glen D. Weinstein 182,500 11,408 193,908
Assuming the employment of our named executive officers was terminated by the Company without cause
during the period beginning on the date that is 45 days prior to the date of the public announcement of the
execution of a definitive agreement for a change in control and ending on the first anniversary of the effective
date of the change in control, or such officers resigned with good reason during the one-year period following a
change in control and that such termination or resignation occurred on January 2, 2016, our named executive
officers would be entitled to cash payments in the amounts set forth opposite their names in the below table,
subject to any delay in payment required under Section 409A of the Code, and acceleration of vesting as set forth
in the table below. The total amount payable to each executive officer may be subject to reduction in certain
circumstances if the amount would cause the executive officer to incur an excise tax under Section 4999 of the
Code. The following table provides the market value (that is, the value based upon our stock price on January 2,
2016, minus the exercise price, if any) of stock options and restricted stock units that would become exercisable
or vested as a result of these acceleration events as of January 2, 2016.
Name
Base
Salary
($)
Bonus
($)
Continuation
of Health
Plan
Premium
Payments
($)
Market
Value of
Stock
Options
($)
Market
Value of
Restricted
Stock and
Restricted
Stock Units
($)
Total
($)
Colin M. Angle 1,350,000 1,350,000 51,115 260,305 4,304,428 7,315,848
Alison Dean 860,000 645,000 45,631 59,782 1,354,404 2,964,817
Russell J. Campanello 680,000 408,000 51,115 47,532 1,000,050 2,186,697
Christian Cerda 800,000 480,000 51,115 277,403 1,356,740 2,965,258
Glen D. Weinstein 730,000 438,000 45,631 57,457 872,893 2,143,981
Notice of Annual Meeting of Stockholders and iRobot 2016 Proxy Statement
48