Electronic Arts 2007 Annual Report Download - page 51

March 31, 2007. For additional information regarding the specific terms of restricted stock units granted
to the Named Executive Officers in fiscal 2007, see the “Fiscal 2007 Grants of Plan-Based Awards” table
below.
(3)
Represents the expense recognized by EA for financial statement reporting purposes in accordance with
SFAS No. 123(R), as modified to exclude the impact of estimated forfeitures related to service-based vest-
ing conditions, for awards of stock options granted to the Named Executive Officers in fiscal 2007 as well
as prior fiscal years. No stock options were forfeited by any of the Named Executive Officers in fiscal
2007, however, following his resignation on April 2, 2007, Mr. Lasky forfeited all unvested stock options.
The amounts reflected above represent the value determined by EA for reporting purposes only and do not
reflect whether the recipient has actually realized a financial benefit from the awards (such as by exercis-
ing stock options). For a more detailed discussion on the valuation model and assumptions used to calcu-
late the fair value of EA’s stock options, see note 12, “Stock-Based Compensation and Employee Benefit
Plans”, of the Consolidated Financial Statements in our Annual Report on Form 10-K for the fiscal year
ended March 31, 2007. For additional information regarding the specific terms of stock options granted to
the Named Executive Officers in fiscal 2007, see the “Fiscal 2007 Grants of Plan-Based Awards” table
below.
(4)
Mr. Probst retired as EA’s Chief Executive Officer effective April 2, 2007.
(5)
Includes (a) $1,098 of term life insurance and disability premiums paid for the benefit of Mr. Probst,
Mr. Jenson and Mr. Lasky in fiscal 2007; (b) company-matching 401(k) contributions of $13,200 earned
by Mr. Probst and Mr. Jenson in fiscal 2007; and (c) $8,183 in company-matching contributions to Cana-
dian deferred profit-sharing plan earned by Mr. Lee in fiscal 2007.
(6)
Includes (a) $2,000,000 forgiveness of Mr. Jenson’s loan; (b) $43,630 in imputed interest income on the
loan; (c) $26,648 paid on behalf of Mr. Jenson for relocation-related costs, including storage and shipping
of household goods; and (d) $41,495 for the tax gross-up related to relocation costs incurred during and
prior to fiscal 2007. For more information regarding the loan to Mr. Jenson, see “Compensation Discussion
and Analysis” above.
(7)
During fiscal 2007, Dr. Florin was on payroll in the United Kingdom from April 1, 2006 through
August 31, 2006, and on payroll in Geneva, Switzerland from September 1, 2006 through March 31,
2007. As such, Dr. Florin’s salary and other compensation (other than equity awards) were paid in either
British pounds or Swiss francs. The amounts reflected in the Summary Compensation Table above (other
than equity awards and Dr. Florin’s fiscal 2007 bonus) were converted into U.S. dollars based on exchange
rates in effect on March 31, 2007.
(8)
Includes (a) $383,022 in company-paid relocation and international assignment expenses, of which
$198,418 was paid in the form of a housing allowance, $49,118 paid as a one-time cash relocation allow-
ance, $45,997 related to storage and shipping of household goods, $25,693 related to temporary living
expenses, $24,846 related to dependent education, $12,260 related to tax preparation assistance, and the
remainder related to various other relocation-related expenses; (b) $80,865 in company-matching defined
contribution plan contributions; (c) $23,309 in automobile and fuel allowance received by Dr. Florin for
which all senior employees and members of management resident in the UK and Switzerland are generally
eligible; and (d) $13,976 of company-paid medical and life insurance premiums and related benefits.
(9)
Mr. Lasky resigned from EA effective April 2, 2007.
(10)
Includes $1,437,048 paid to Mr. Lasky for cancelled shares of JAMDAT restricted stock he held that
would have vested during fiscal 2007. For more information regarding Mr. Lasky’s cancelled shares of
JAMDAT restricted stock, see “Compensation Discussion and Analysis” above.
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