Electronic Arts 2007 Annual Report Download - page 31
Download and view the complete annual report
Please find page 31 of the 2007 Electronic Arts annual report below. You can navigate through the pages in the report by either clicking on the pages listed below, or by using the keyword search tool below to find specific information within the annual report.-
1 -
2
-
3
-
4
-
5
-
6
-
7
-
8
-
9
-
10
-
11
-
12
-
13
-
14
-
15
-
16
-
17
-
18
-
19
-
20
-
21 -
22 -
23 -
24 -
25 -
26 -
27 -
28 -
29 -
30 -
31 -
32 -
33 -
34 -
35 -
36 -
37 -
38 -
39 -
40 -
41 -
42
-
43
-
44
-
45
-
46
-
47
-
48
-
49
-
50
-
51
-
52
-
53
-
54
-
55
-
56
-
57
-
58
-
59
-
60
-
61
-
62
-
63
-
64
-
65
-
66
-
67
-
68
-
69
-
70
-
71
-
72
-
73
-
74
-
75
-
76
-
77
-
78
-
79
-
80
-
81
-
82
-
83
-
84
-
85
-
86
-
87
-
88
-
89
-
90
-
91
-
92
-
93
-
94
-
95
-
96
-
97
-
98
-
99
-
100
-
101
-
102
-
103
-
104
-
105
-
106
-
107
-
108
-
109
-
110
-
111
-
112
-
113
-
114
-
115
-
116
-
117
-
118
-
119
-
120
-
121
-
122
-
123
-
124
-
125
-
126
-
127
-
128
-
129
-
130
-
131
-
132
-
133
-
134
-
135
-
136
-
137
-
138
-
139
-
140
-
141
-
142
-
143
-
144
-
145
-
146
-
147
-
148
-
149
-
150
-
151
-
152
-
153
-
154
-
155
-
156
-
157
-
158
-
159
-
160
-
161
-
162
-
163
-
164
-
165
-
166
-
167
-
168
-
169
-
170
-
171
-
172
-
173
-
174
-
175
-
176
-
177
-
178
-
179
-
180
-
181
-
182
-
183
-
184
-
185
-
186
-
187
-
188
-
189
-
190
-
191
-
192
-
193
 |
 |
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, 6,800,000 shares of
common stock have been reserved for issuance under the Purchase Plan.
Since the adoption of the Purchase Plan, we have experienced significant growth in the number of employees
who elect to participate in the Purchase Plan. The following table presents information since the beginning of
fiscal 2005 relating to the aggregate number of shares purchased under the Purchase Plan, as well as the
number of employees who have participated in the Purchase Plan.
Shares Purchased
Pursuant to 2000
Purchase Plan
No. of
Employees
Participating
as of the Last
Purchase Date
in Fiscal Year
Fiscal 2005 ................................................. 623,693 3,615
Fiscal 2006 ................................................. 624,629 4,281
Fiscal 2007 ................................................. 705,188 4,255
Fiscal 2008 .................................................
(1)
4,663
(2)
(1)
Fiscal 2008 purchases under the 2000 Purchase Plan will be made in August 2007 and February 2008.
(2)
Represents estimated number of participants in the 2000 Purchase Plan as of June 1, 2007. 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 2008, the last purchase date in fiscal 2008.
The proposed amendment would increase the number of shares authorized under the Purchase Plan by
1,500,000 to a total of 8,300,000, an amount that we expect will permit all current and potential future
employees to fully participate in the Purchase Plan at least through fiscal 2008.
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 affirmative 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.
20