Electronic Arts 2005 Annual Report Download - page 28

PROPOSAL 3. AMENDMENT TO THE 2000 EMPLOYEE STOCK PURCHASE PLAN
The 2000 Employee Stock Purchase Plan, which initially was approved by the stockholders on July 27, 2000,
provides our employees with a convenient means of purchasing equity in the Company through payroll
deductions. It also provides an incentive for continued employment. Since its adoption, 3,800,000 shares of
common stock have been reserved for issuance under the Purchase Plan.
Since the adoption of the Purchase Plan, we have experienced signiÑcant growth in the number of employees
as well in the number of employees who elect to participate in the Purchase Plan. In addition, in February
2003, we terminated our International Employee Stock Purchase Plan, and have since allowed our
international employees to participate in the Purchase Plan. The following table presents information since the
beginning of Ñscal 2002 relating to the aggregate number of shares purchased under the Purchase Plan and the
International Purchase Plan, as well as the number of employees who have participated in such plans:
No. of
Employees
Shares Purchased Participating
Shares Purchased Pursuant to as of the Last
Pursuant to 2000 International Total Shares Purchase Date
Purchase Plan Purchase Plan(1) Purchased in Fiscal Year
Fiscal 2002ÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏ 421,542 204,938 626,480 2,217
Fiscal 2003ÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏ 440,528 257,368 697,896 2,418
Fiscal 2004ÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏ 866,541 Ì 866,541 2,933
Fiscal 2005ÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏ 623,693 Ì 623,693 3,615
Fiscal 2006ÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏ (2) (2) 4,013(3)
(1) The International Employee Stock Purchase Plan was terminated in February 2003.
(2) Fiscal 2006 purchases under the 2000 Purchase Plan will be made in August 2005 and February 2006.
(3) Represents number of participants in the 2000 Purchase Plan as of May 31, 2005. Participants have the
right to withdraw from the 2000 Purchase Plan at any time prior to a purchase date. The number of
participants may increase or decrease prior to February 2006, the last purchase date in Ñscal 2006.
The proposed amendment would increase the number of shares authorized under the Purchase Plan by
1,500,000 to a total of 5,300,000, an amount that we expect will permit all current and potential future
employees to fully participate in the Purchase Plan for at least Ñscal 2006.
For more information about the Purchase Plan, we urge you to read the summary of its material terms
included as Appendix B to this proxy statement.
Required Vote and Board of Directors' Recommendation
Approval of this proposal requires the aÇrmative vote of a majority of the voting shares present at the meeting
in person or by proxy and voting on this proposal.
The Board recommends a vote FOR the amendment to the 2000 Employee Stock Purchase Plan.
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