Electronic Arts 2011 Annual Report Download - page 42

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• Business Unit Financial, Strategic and Operational Objectives: Mr. Gibeau’s business unit objectives and
achievements included internal revenue, profitability, and digital revenue goals for the EA Games Label,
which were significantly exceeded in fiscal 2011; delivery of key titles on time with 100 percent of
internally developed games meeting their launch dates; improvement in game quality with an average
Metacritic score of 84 for games released by the EA Games Label during fiscal 2011; achievement of
business transformation initiatives and other specific organizational objectives.
Mr. Gibeau was granted 130,000 time-based restricted stock units in fiscal 2011, which will vest ratably on an
annual basis over a three-year period. The Committee determined the size of his award based on his performance,
the unvested value of his outstanding equity awards, external market practices, internal compensation alignment,
and the desire to maintain stability among our executive management team through the use of long-term equity
retention incentives during a period of Company transformation.
As a result of these decisions, Mr. Gibeau’s total direct compensation increased by 13 percent year-over-year.
Mr. Moore
FY 2011 ($) FY 2010 ($) Change (%)
Base Salary .............................. $ 594,615* $ 565,000 5%
Annual Cash Bonus ........................ $ 580,000 $ 401,000 45%
Total Cash Compensation .................. $1,174,615 $ 966,000 22%
Equity Awards ............................ $2,308,800 $2,657,200 (13%)
Total Direct Compensation ................. $3,483,415 $3,623,200 (4%)
* Reflects May 24, 2010 effective date for base salary increase.
In fiscal 2011, the Committee increased Mr. Moore’s base salary by 6 percent but his bonus target percentage
remained unchanged, at 100 percent of his annual base salary. His base salary was increased to better align his
base salary and target cash compensation with the market and with internal peers. Based on market data,
Mr. Moore’s fiscal 2011 base salary and target total cash compensation were within our targeted compensation
range.
Mr. Moore’s fiscal 2011 cash bonus payout was $580,000, which corresponds to 98 percent of his target bonus
opportunity. The cash bonus payout in fiscal 2011 reflects an increase in the Company’s overall financial
performance and strong performance against his business unit objectives. Mr. Moore’s cash bonus was
determined based upon an overall evaluation of his performance against the following objectives:
• Company Financial Performance: The Company achieved its non-GAAP net revenue and non-GAAP
earnings per share objectives.
• Business Unit Financial, Strategic and Operational Objectives: Mr. Moore’s business unit objectives and
achievements included internal revenue and profitability goals; significant growth in digital revenue for
the EA SPORTS Label; and specific organizational objectives.
Mr. Moore was granted 130,000 time-based restricted stock units in fiscal 2011, which will vest ratably on an
annual basis over a three-year period. The Committee determined the size of his award based on his performance,
the unvested value of his outstanding equity awards, external market practices, internal compensation alignment,
and the desire to maintain stability among our executive management team through the use of long-term equity
retention incentives during a period of Company transformation.
As a result of these decisions, Mr. Moore’s total direct compensation declined by 4 percent year-over-year.
Mr. Schappert
In fiscal 2011, the Committee did not increase Mr. Schappert’s base salary but increased his bonus target
percentage from 75 percent to 100 percent of his annual base salary to better align his cash compensation with
the market. Based on market data, Mr. Schappert’s fiscal 2011 base salary was slightly below our targeted
compensation range and target total cash compensation was within our targeted compensation range.
Mr. Schappert resigned effective April 25, 2011 and was not awarded a cash bonus for fiscal 2011.
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