Electronic Arts 2006 Annual Report Download - page 170

At our Annual Meeting of Stockholders, held on July 28, 2005, our stockholders approved an amendment
to the 2000 Employee Stock Purchase Plan to increase by 1.5 million the number of shares of common
stock reserved for issuance under the plan.
Information related to stock issuances under this plan is as follows:
Year Ended March 31,
2006 2005 2004
Number of shares issued (in thousands) ÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏ 625 624 867
Range of exercise prices for purchase rights ÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏ $42.31 to $38.14 to $22.44 to
$47.95 $51.35 $38.14
Estimated weighted-average fair value of purchase rights ÏÏÏÏÏÏÏÏÏÏÏ $15.42 $13.96 $9.53
The fair value above was estimated on the date of grant using the Black-Scholes option-pricing model
assumptions described in Note 1(o) of the Notes to Consolidated Financial Statements. As of March 31,
2006, we had approximately 2.3 million shares of common stock reserved for future issuance under the
2000 Employee Stock Purchase Plan.
(b) Stock Option Plans
Our 2000 Equity Incentive Plan (the ""Equity Plan'') allows us to grant options to purchase our common
stock, restricted stock and restricted stock units to our employees, oÇcers and directors. Pursuant to the
Equity Plan, incentive stock options may be granted to employees and oÇcers and non-qualiÑed options
may be granted to employees, oÇcers and directors, at not less than 100 percent of the fair market value
on the date of grant.
At our Annual Meeting of Stockholders, held on July 28, 2005, our stockholders approved an amendment
to our 2000 Equity Incentive Plan to (a) increase the number of shares authorized by 10 million,
(b) authorize the issuance of awards of stock appreciation rights, (c) increase by 1 million shares the limit
on the total number of shares underlying awards of restricted stock and restricted stock units that may be
granted under the Equity Plan Ì from 3 million to 4 million shares, (d) modify the payment alternatives
under the Equity Plan, (e) add Öexibility to grant performance-based stock options and stock appreciation
rights and modify the permissible performance factors currently contained in the Equity Plan, and
(f) revise the share-counting methodology used in the Equity Plan.
We also have options outstanding that were granted under (1) the Criterion Software Limited Approved
Share Option Scheme (the ""Criterion Plan''), which we assumed in connection with our acquisition of
Criterion, and (2) the JAMDAT Mobile Inc. Amended and Restated 2000 Stock Incentive Plan and the
JAMDAT Mobile Inc. 2004 Equity Incentive Plan (collectively, the ""JAMDAT Plans''), which we
assumed in connection with our acquisition of JAMDAT. See Note 4 of the Notes to Consolidated
Financial Statements.
Options granted under the Equity Plan generally expire ten years from the date of grant and are generally
exercisable as to 24 percent of the shares after 12 months, and then the remainder ratably over 38 months.
All options granted under the Criterion Plan were exercisable as of March 31, 2005, and expire in January
2012. Certain assumed options granted under the JAMDAT Plans have acceleration rights upon the
occurrence of various triggering events. Otherwise, the terms of the JAMDAT Plans are similar to our
Equity Plan.
In connection with the consolidation of our Class A and Class B common stock into a single class of
common stock described above, each outstanding option to purchase one share of Class B common stock
was converted into an option to purchase 0.001 shares of common stock.
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