8-K 1 rrd126600.htm 8-K_EXEC_OFFICER_COMP_FY2007 Prepared By R.R. Donnelley Financial -- Form 8-K
 
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
 
Form 8-K
 
Current Report
Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934
 
Date of Report (Date of earliest event reported):  08/04/2006
 
VistaPrint Limited
(Exact name of registrant as specified in its charter)
 
Commission File Number:  000-51539
 
Bermuda
  
98-0417483
(State or other jurisdiction of
  
(IRS Employer
incorporation)
  
Identification No.)
 
Canon's Court
22 Victoria Street
Hamilton, Bermuda HM 12
(Address of principal executive offices, including zip code)
 
(441) 295-2244
(Registrant’s telephone number, including area code)
 
(Former name or former address, if changed since last report)
 
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

[  ]   Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

[  ]   Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

[  ]   Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

[  ]   Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
 

Information to be included in the report

 
Item 1.01.    Entry into a Material Definitive Agreement
 
On August 4, 2006, the board of directors of VistaPrint Limited (the "Registrant") approved the following recommendations of the Registrant's Compensation Committee (the "Committee") regarding the compensation of the Registrant's executive officers for fiscal year 2007, which recommendations have been developed with the input and assistance of outside compensation consultants:

       Name                   Title                   Base Salary       Target Bonus       Maximum Bonus

Robert Keane             President/CEO    $337,050         $252,788          $631,964

Alexander Schowtka    EVP&COO          $200,000         $110,000          $274,997
Anne Drapeau               EVP&CPO         $225,000         $128,000          $319,997
Janet Holian                   EVP&CMO          $225,000          $128,000          $319,997

The foregoing compensation recommendations were made effective retroactive to July 1, 2006, the beginning of the Registrant's 2007 fiscal year.

In addition, on August 4, 2006, the Registrant's board of directors approved, upon the recommendation of the Committee, the Registrant's Executive Officer Fiscal Year 2007 Bonus Plan (the "Bonus Plan"). An executive officer's bonus pursuant to the Bonus Plan is determined based solely upon the Registrant's performance against quarterly and annual revenue and earnings per share targets. A copy of the Bonus Plan is attached to this Current Report as Exhibit 10.1 and is incorporated herein by this reference.

 
 
Item 9.01.    Financial Statements and Exhibits
 
10.1   Executive Officer Fiscal Year 2007 Bonus Plan.
 

 

Signature(s)
 
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
 
     
 
VistaPrint Limited
 
 
Date: August 08, 2006
     
By:
 
/s/    Robert S. Keane

               
Robert S. Keane
               
Chief Executive Officer
 
 


 

Exhibit Index
 
Exhibit No.

  
Description

EX-10.1
  
Executive Officer Fiscal Year 2007 Bonus Plan.