Electronic Arts 2006 Annual Report Download - page 35

PROPOSAL 4. 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,
5,300,000 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 as an increase in the percentage 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 2003 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 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 624,629 Ì 624,629 4,281
Fiscal 2007ÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏ (2) Ì(2) 4,500(3)
Proxy Statement
(1) The International Employee Stock Purchase Plan was terminated in February 2003.
(2) Fiscal 2007 purchases under the 2000 Purchase Plan will be made in August 2006 and February 2007.
(3) Represents estimated number of participants in the 2000 Purchase Plan as of May 31, 2006.
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 2007, the last purchase
date in Ñscal 2007.
The proposed amendment would increase the number of shares authorized under the Purchase Plan by
1,500,000 to a total of 6,800,000, an amount that we expect will permit all current and potential future
employees to fully participate in the Purchase Plan at least through Ñscal 2007.
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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