Vector Smart Objects
Hi there,
I received the below image as a PSD file from an ad agency and I'm looking to recreate the effects the art director used. I'm using Photoshop CS 5.5 and I assume he used the latest version of Photoshop CC. There are two effects I'm interested in:
1) Getting the photos into the colored circles. I think he used vector smart objects for this, but I'm not sure how to recreate this in CS 5.5 or if it can even be done?
2) Getting the colored circles to overlap each other and appear to have some element of transparency while still being really bold colors. In the layers panel, I'm only seeing the circles as vector smart objects and I can't tell what other characteristics have been applied to them. When I tried to just create colored circles with transparencies, I'm losing the boldness of the colors (see very bottom).
If it helps, I'm using the exact same colors as the art director and I have the hex and CMYK codes for all of them. The original PSD file can be downloaded here: https://spaces.hightail.com/receive/q3Z0EL6Camhttps://spaces.hightail.com/receive/q3Z0EL6Cam
Any thoughts are appreciated!

Here's my version of the colored circles with a 10% transparency. They're much duller than above.

