Electronic Arts 2010 Annual Report Download - page 56

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(3) Represents Performance-Based RSUs at the target achievement level. On the date of grant, we believed that one third of the awards
would vest based upon achievement of the first non-GAAP net income target. The awards vest in three equal amounts, with the vesting
of each amount contingent upon EA’s achievement of three progressively higher adjusted non-GAAP net income targets (as measured
on a trailing four-quarter basis).
(4) The market value of Performance-Based RSUs was calculated by multiplying the number of unvested RSUs by $18.84, the closing
price of EA’s common stock on April 1, 2010, the last trading day of our fiscal year. For more information regarding these awards, see
“Equity Awards” in the Compensation Discussion and Analysis above, footnote 2 of the Summary Compensation Table and footnote 7
of the Grants of Plan-Based Awards Table.
(5) Options vest as to 24% on September 1, 2010, then vest as to an additional 2% of the original grant each month until November 1,
2013.
(6) Options vest in the following manner: 72,000 of these options vested on April 1, 2008 and 228,000 options vest in additional 2%
increments on the first calendar day of each month thereafter for the following 38 months; 275,000 options vested as to 100% on
April 1, 2010; and 275,000 options will vest as to 100% on April 1, 2012.
(7) RSUs vest as to one-third on September 16, 2010, then vest as to an additional one-third on September 16, 2011 and then the remaining
one-third on September 16, 2012.
(8) Options vested as to 24% on April 1, 2009, then vest as to an additional 2% of the original grant each month until June 1, 2012.
(9) Options vested as to 25% of the original grant on December 1, 2009, then vest as to an additional 25% on December 1, 2010, and the
remaining 50% on December 1, 2011. Pursuant to Dr. Florin’s Termination Agreement, the 50% that would have vested on
December 1, 2011, shall cease vesting on December 31, 2010.
(10) RSUs vested as to 25% of the original grant on April 16, 2009 and 25% on April 16, 2010, 25% will vest on April 16, 2011 and the
remaining 25% on April 16, 2012.
(11) RSUs vested as to one-third of the original grant on June 16, 2010, then vest one-third on June 16, 2011 and the remaining one-third on
June 16, 2012.
(12) RSUs vest as to one-third of the original grant on September 16, 2010, one-third on September 16, 2011 and the remaining one-third on
September 16, 2012.
(13) Options vest as to 24% on July 1, 2010, then vest as to an additional 2% of the original grant each month until September 1, 2013.
(14) RSUs vest as to 25% of the original grant on July 17, 2010, then vest as to an additional 25% on July 17, 2011, 25% on July 17, 2012
and the remaining 25% on July 17, 2013.
(15) Options vested and became exercisable as to 25% of the original grant on July 1, 2007, 25% on July 1, 2008 and 25% on July 1, 2009
and the remaining 25% on July 1, 2010.
(16) Options vested and became exercisable as to 24% of the original grant on June 1, 2008, then vest as to an additional 2% of the original
grant each month until August 1, 2011.
(17) Options vested and became exercisable as to 24% of the original grant on August 1, 2008, then vest as to an additional 2% of the
original grant each month until October 1, 2011.
(18) RSUs vested as to 25% of the original grant on June 18, 2008 and 25% on June 18, 2009, then 25% will vest on June 18, 2010 and the
remaining 25% scheduled to vest on June 18, 2011 will not vest pursuant to the terms of Dr. Florin’s Termination Agreement.
(19) RSUs vested as to 25% of the original grant on June 16, 2009 and 25% on June 16, 2010, and the remaining 25% scheduled to vest on
June 16, 2011 and 25% scheduled to vest on June 16, 2012 will not vest pursuant to the terms of Dr. Florin’s Termination Agreement.
(20) RSUs vested as to one-third on June 16, 2010, and the remaining two-thirds scheduled to vest as to an additional one-third on June 16,
2011 and one-third on June 16, 2012 will not vest pursuant to the terms of Dr. Florin’s Termination Agreement.
(21) Options vested as to 24%, on September 1, 2008, then vest as to an additional 2% of the original grant each month until November 1,
2011.
(22) RSUs vested as to 50% of the shares on September 17, 2009 and the remaining 50% of the shares will vest on September 17, 2011.
(23) RSUs granted pursuant to the Exchange Program. Pursuant to Dr. Florin’s Termination Agreement with the Company, the RSUs vest as
to 100% of the shares on November 10, 2010.
(24) RSUs granted pursuant to the Exchange Program. Pursuant to Dr. Florin’s Termination Agreement with the Company, the RSUs vest as
to 50% of the shares on November 10, 2010 and the remaining 50% that would have vested on November 10, 2011, shall cease vesting
on December 31, 2010.
(25) As of the end of fiscal 2010, the Performance-Based RSUs granted to Dr. Florin had no payout value because they ceased vesting
pursuant to the terms of Dr. Florin’s Termination Agreement.
48