Electronic Arts 2012 Annual Report Download - page 62

Download and view the complete annual report

Please find page 62 of the 2012 Electronic Arts annual report below. You can navigate through the pages in the report by either clicking on the pages listed below, or by using the keyword search tool below to find specific information within the annual report.

Page out of 208

  • 1
  • 2
  • 3
  • 4
  • 5
  • 6
  • 7
  • 8
  • 9
  • 10
  • 11
  • 12
  • 13
  • 14
  • 15
  • 16
  • 17
  • 18
  • 19
  • 20
  • 21
  • 22
  • 23
  • 24
  • 25
  • 26
  • 27
  • 28
  • 29
  • 30
  • 31
  • 32
  • 33
  • 34
  • 35
  • 36
  • 37
  • 38
  • 39
  • 40
  • 41
  • 42
  • 43
  • 44
  • 45
  • 46
  • 47
  • 48
  • 49
  • 50
  • 51
  • 52
  • 53
  • 54
  • 55
  • 56
  • 57
  • 58
  • 59
  • 60
  • 61
  • 62
  • 63
  • 64
  • 65
  • 66
  • 67
  • 68
  • 69
  • 70
  • 71
  • 72
  • 73
  • 74
  • 75
  • 76
  • 77
  • 78
  • 79
  • 80
  • 81
  • 82
  • 83
  • 84
  • 85
  • 86
  • 87
  • 88
  • 89
  • 90
  • 91
  • 92
  • 93
  • 94
  • 95
  • 96
  • 97
  • 98
  • 99
  • 100
  • 101
  • 102
  • 103
  • 104
  • 105
  • 106
  • 107
  • 108
  • 109
  • 110
  • 111
  • 112
  • 113
  • 114
  • 115
  • 116
  • 117
  • 118
  • 119
  • 120
  • 121
  • 122
  • 123
  • 124
  • 125
  • 126
  • 127
  • 128
  • 129
  • 130
  • 131
  • 132
  • 133
  • 134
  • 135
  • 136
  • 137
  • 138
  • 139
  • 140
  • 141
  • 142
  • 143
  • 144
  • 145
  • 146
  • 147
  • 148
  • 149
  • 150
  • 151
  • 152
  • 153
  • 154
  • 155
  • 156
  • 157
  • 158
  • 159
  • 160
  • 161
  • 162
  • 163
  • 164
  • 165
  • 166
  • 167
  • 168
  • 169
  • 170
  • 171
  • 172
  • 173
  • 174
  • 175
  • 176
  • 177
  • 178
  • 179
  • 180
  • 181
  • 182
  • 183
  • 184
  • 185
  • 186
  • 187
  • 188
  • 189
  • 190
  • 191
  • 192
  • 193
  • 194
  • 195
  • 196
  • 197
  • 198
  • 199
  • 200
  • 201
  • 202
  • 203
  • 204
  • 205
  • 206
  • 207
  • 208

(8) Represents the aggregate grant date fair value of 165,000 RSUs with time-based vesting granted to Mr. Moore in fiscal
2012 of $3,234,300 and the grant date fair value of the RSUs with performance-based vesting granted to Mr. Moore in
fiscal 2012 of $2,259,832, based on the probable outcome of the performance conditions. The actual vesting of the
performance-based RSUs will be between zero and 200% of the target number of RSUs. The value of the performance-
based RSUs on the date of grant assuming the highest level of performance conditions will be achieved is $2,914,600,
which is based on the maximum vesting of 130,000 RSUs multiplied by the closing price of our stock on the date of grant
of $22.42 per share.
(9) Represents a sign-on bonus provided to Mr. Taneja at the time of hire.
(10) Mr. Brown resigned as EA’s Chief Financial Officer and his employment terminated effective February 17, 2012.
(11) Represents the aggregate grant date fair value of 50,000 RSUs with time-based vesting granted to Mr. Brown in fiscal
2012 of $1,121,000 and the grant date fair value of the RSUs with performance-based vesting granted to Mr. Brown in
fiscal 2012 of $1,738,332, based on the probable outcome of the performance conditions. The value of the performance-
based RSUs on the date of grant assuming the highest level of performance conditions will be achieved is $2,242,000,
which is based on the maximum vesting of 100,000 RSUs multiplied by the closing price of our stock on the date of grant
of $22.42 per share. These awards were cancelled as of February 17, 2012, the date of Mr. Brown’s resignation.
54