Electronic Arts 2008 Annual Report Download - page 28

FISCAL 2008 DIRECTOR COMPENSATION TABLE
The following table shows compensation information for each of our directors during fiscal 2008 (other than
Mr. Riccitiello).
Name
Fees Earned
or Paid in Cash
($)
(1)
Stock
Awards
($)
(2)
Options
Awards
($)
(3)
All Other
Compensation
($)
(4)
Total
($)
M. Richard Asher
(5)
................. — 24,390 59,394 17,882 101,666
Leonard S. Coleman ................ — 64,855 139,399 71,474 275,728
Gary M. Kusin .................... 85,000 64,855 139,399 — 289,254
Gregory M. Maffei ................. 70,000 64,855 146,087 — 280,942
TimothyMott ..................... 57,500 64,855 139,399 — 261,754
Vivek Paul........................ — 64,855 216,042 65,970 346,867
Lawrence F. Probst III ............... — — 2,220,346 429,605
(6)
2,649,951
Richard A. Simonson ................ 55,125 64,855 182,091 11,588 313,659
Linda J. Srere ..................... — 64,855 139,399 77,689 281,943
(1)
The amounts presented in this column represent compensation that was earned and paid as cash. As
described above and in footnote 4 below, our non-employee directors may elect to receive all or part of
their cash compensation in the form of EA common stock. The value of the EA common stock received in
lieu of cash payments during fiscal 2008 by our non-employees directors is reflected in the “All Other
Compensation” column above.
(2)
Represents the expense recognized by EA for financial statement reporting purposes in accordance with
Statement of Financial Accounting Standard No. 123 (revised 2004) (“SFAS No. 123(R)”), as modified to
exclude the impact of estimated forfeitures related to service-based vesting conditions, for awards of
restricted stock units granted to the non-employee directors in fiscal 2008 as well as prior fiscal years. No
stock awards were forfeited by any of the non-employee directors in fiscal 2008. 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 vesting in a restricted stock
unit award). For additional information regarding the valuation methodology used by EA, 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 29, 2008. In fiscal 2008, each non-employee
director standing for re-election received a restricted stock unit grant of 1,200 shares of EA common stock,
which vests in its entirety on the date of the 2008 Annual Meeting.
(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 non-employee directors in fiscal 2008 as well as
prior fiscal years. No stock options were forfeited by any of the non-employee directors in fiscal 2008. The
Board of Directors accelerated the vesting of one option award for Mr. Asher, which was scheduled to vest
as to the final 2% of the shares on August 1, 2007. Since he was a Director through July 26, 2007, the
Board decided to accelerate the final 2% so that it would vest five days early, on July 26, 2007. 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 exercising
stock options). For a more detailed discussion on the valuation model and assumptions used to calculate
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 29, 2008. In fiscal 2008, each non-employee director standing for re-election received a stock
option to purchase 8,400 shares of EA common stock, which vests in its entirety on the earlier of one year
from the grant date or the date of the 2008 Annual Meeting.
(4)
Represents the value of shares of EA common stock elected to be received by a non-employee director in
lieu of the cash fees to which they would have otherwise been entitled. Non-employee directors making
such an election receive shares of common stock valued at 110% of the cash compensation they would
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