Electronic Arts 2011 Annual Report Download - page 50
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(9) Represents the aggregate grant-date fair value of the 12,500 time-based RSUs granted to Mr. Moore in fiscal 2009 of
$588,250 and the aggregate grant-date fair value of the target payout of the Performance-Based RSUs granted to
Mr. Moore in fiscal 2009 of $2,066,634, based on the probable outcome of the performance condition. At the time the
Performance-Based RSUs were granted, we believed that the threshold target (one-third of the maximum award of 125,000
RSUs) was probable with vesting based upon the achievement of the first non-GAAP net income target. Assuming the
highest level of performance condition is achieved, the maximum grant-date fair value for the Performance-Based RSUs
would be $6,200,000. No shares have yet vested under the Performance-Based RSUs.
(10) Mr. Schappert resigned and ceased being EA’s Chief Operating Officer effective April 25, 2011.
(11) Represents a sign-on bonus provided to Mr. Schappert to offset for foregone cash bonus and equity awards that he was
eligible to receive from his prior employer.
(12) Represents the aggregate grant-date fair value of 75,000 time-based RSUs granted to Mr. Schappert during fiscal 2010 of
$1,608,750 and the aggregate grant-date fair value of the target payout of the Performance-Based RSUs granted to
Mr. Schappert in fiscal 2010 of $893,750, based on the probable outcome of the performance condition. At the time the
Performance-Based RSUs were granted, we believed that the threshold target (one-third of the maximum award of 125,000
RSUs) was probable with vesting based upon the achievement of the first non-GAAP net income target. Assuming the
highest level of performance condition is achieved, the maximum grant-date fair value for the Performance-Based RSUs
would be $2,681,250. This award was cancelled as of April 25, 2011, the date of Mr. Schappert’s resignation.
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