Electronic Arts 2012 Annual Report Download - page 68

FISCAL 2012 OPTION EXERCISES AND STOCK VESTED TABLE
The following table shows all stock options exercised and value realized upon exercise and all RSUs vested and
value realized upon vesting by the Named Executive Officers during fiscal 2012.
Option Awards Stock Awards
Name
Number of Shares
Acquired on
Exercise
(#)
Value Realized on
Exercise
($)(1)
Number of Shares
Acquired on
Vesting
(#)(2)
Value Realized on
Vesting
($)(3)
John S. Riccitiello .................. — — 195,666 4,521,781
Kenneth A. Barker .................. — — 38,451 884,591
Frank D. Gibeau .................... — — 94,041 2,162,911
Peter R. Moore ..................... — — 117,791 2,710,361
Rajat Taneja ....................... — — — —
Eric F. Brown ...................... 100,000 424,678 92,566 2,070,496
(1) The value realized upon the exercise of stock options is calculated by (a) subtracting the option exercise price
from the market value on the date of exercise to get the realized value per share, and (b) multiplying the
realized value per share by the number of shares underlying options exercised.
(2) Represents shares of EA common stock released during fiscal 2012.
(3) The value realized upon vesting of RSUs is calculated by multiplying the number of RSUs vested by the prior
day’s closing price of EA common stock on the vest date.
POTENTIAL PAYMENTS UPON CHANGE OF CONTROL
Electronic Arts Key Employee Continuity Plan
All employees at the level of Vice President and above are eligible to participate in the Electronic Arts Inc. Key
Employee Continuity Plan (the “CoC Plan”). The CoC Plan is a “double-trigger” plan which provides eligible
employees, including our NEOs, with certain payments and benefits if their employment is terminated without
“cause” or if they resign for “good reason” during the 12-month period following a change of control of the
Company or if their employment is terminated without “cause” during the two-month period preceding a change
of control of the Company. Eligible employees are not entitled to any payments or benefits in the event they
voluntarily resign or are terminated for “cause”. The CoC Plan payments and benefits include:
• a lump sum cash severance payment based on a multiple of the product of an eligible executive’s base
salary in effect immediately prior to the termination of employment, plus his or her target annual bonus or
annual incentive opportunity for the year in which his or her employment is terminated;
• continued health benefits for a period ranging from six to 18 months, depending on the eligible
executive’s position with the Company; and
• full vesting on the date of employment termination of all outstanding and unvested equity awards (other
than performance-based awards, certain portions of which may be subject to award and acceleration
depending on the specific terms of such awards). In the case of an equity award consisting of a stock
option, such stock option shall continue to be exercisable for a period of three years from the severance
date (or such longer period as may be prescribed in the plan or agreement governing such option), but in
no event later than the expiration date of such option.
The cash severance payment that our CEO, Company-level Presidents and Executive Vice Presidents are entitled
to receive upon a qualifying termination of employment is equal to 150% of the sum of their annual base salary
and target bonus opportunity. Health benefits for these same positions may continue for up to eighteen months.
The cash severance payment that Company-level Senior Vice Presidents are entitled to receive upon a qualifying
termination of employment is equal to 100% of the sum of their annual base salary and target bonus opportunity.
Health benefits for employees at the Senior Vice President level may continue for up to twelve months.
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