Electronic Arts 2009 Annual Report Download - page 23

Proxy Statement
represent the fair 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 13, “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, 2009. In fiscal
2009, 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
2009 Annual Meeting. In the case of Mr. Probst, he received a pro rata portion of the stock option award of
7,700 options on September 29, 2008.
(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 have otherwise
received. Such shares are awarded via the grant and immediate exercise of a stock option having an exercise
price equal to the fair market value of our common stock on the date of grant. The following table presents the
amount of cash each director was entitled to receive and the number of shares such director received in lieu of
such cash:
Name Cash Fees Earned ($)
Shares of EA Common Stock
Received in Lieu of Cash Fees (#)
Leonard S. Coleman ............... 65,000 2,728
Geraldine B. Laybourne ............ 7,188 532
Vivek Paul ...................... 60,000 2,518
Richard A. Simonson .............. 7,500 555
Linda J. Srere .................... 72,500 3,042
(5) Mr. Mott retired from the Board and did not stand for re-election at the 2008 Annual Meeting of Stockholders.
As such, he only served on the Board for a portion of fiscal 2009 (April 1, 2008 through July 31, 2008).
(6) Includes the $5,453,922 expense recognized by EA for financial statement reporting purposes in accordance
with SFAS No. 123(R) for the modifications made to Mr. Probst’s employee option grants upon his
termination as an EA employee in order to allow these grants to continue to vest so long as he remains a
director of EA.
(7) Represents salary paid to Mr. Probst in fiscal 2009 as an employee of EA through September 27, 2008.
Includes (a) Basic and Group Term Life Insurance Premiums, Executive Disability, and Executive Physical
fees paid for the benefit of Mr. Probst of $2,674; and (b) company-matching 401(k) contributions of $6,750
earned by Mr. Probst in fiscal 2009.
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