Electronic Arts 2013 Annual Report Download - page 44

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Base Salary and Bonus Target: In the first quarter of fiscal 2012, the Committee increased Mr. Söderlund’s
base salary by 3% while his bonus target percentage remained unchanged at 75% of his annual base salary. The
Committee made this decision after taking into consideration the scope of Mr. Söderlund’s role and alignment
with internal peers. The percentage increase in Mr. Söderlund’s base salary was in line with other employees in
Sweden.
Cash Bonus Awards: During fiscal 2013, the Committee approved a discretionary bonus payout of $250,000
paid in December 2012 to Mr. Söderlund, based on the successful launch, quality, and sales of the Need for
Speed: Most Wanted title. At the end of the fiscal year, Mr. Söderlund was eligible for an annual cash bonus.
However, prior to being awarded any further bonus, Mr. Söderlund requested that he not be awarded an annual
cash bonus award due to the mixed financial and operational results of the EA Games Label in fiscal 2013; the
Committee approved this request.
Equity Awards: In June 2012, Mr. Söderlund was granted performance-based RSUs with a target vesting of
75,000 shares and 75,000 time-based RSUs. In July 2012, Mr. Söderlund was granted an additional retention
award of 225,000 time-based RSUs; this award was granted in July as it was approved by the Committee
contingent on stockholder approval of an amendment to the 2000 Equity Incentive Plan at the 2012 Annual
Meeting of Stockholders. Mr. Söderlund’s time-based equity awards utilized both annual vesting over three years
and long-term “cliff vesting” to deliver value in years one and two, while emphasizing retention through three
years. As a result, approximately 73% of the target equity shares granted to Mr. Söderlund in fiscal 2013 will be
eligible to vest in fiscal 2016.
Mr. Wilson
Mr. Wilson is Executive Vice President, EA SPORTS. In this role, Mr. Wilson has responsibility for the product
development, worldwide product management and marketing for all packaged goods and online offerings for EA
SPORTS. Mr. Wilson was promoted to this role in August 2011.
Base Salary and Bonus Target: In the first quarter of fiscal 2012, the Committee increased Mr. Wilson’s base
salary by 17% while his bonus target percentage remained unchanged at 75% of his annual base salary.
Mr. Wilson’s base salary was increased as a result of his performance, his increased responsibilities in leading
EA SPORTS, and to better align his cash compensation with internal peers, and with the market.
Cash Bonus Award: During fiscal 2013, the Committee approved a discretionary bonus payment of $500,000
paid in December 2012 to Mr. Wilson, based on the successful launch, quality, and sales of both the Madden
NFL 13 and FIFA 13 titles. At the end of the year, Mr. Wilson was awarded an annual cash bonus award of
$327,488, which corresponds to 85% of his target bonus opportunity. To determine Mr. Wilson’s fiscal 2013
bonus, the Committee took into account the Company’s performance against our non-GAAP revenue and non-
GAAP earnings per share targets, as well as an overall evaluation of Mr. Wilson’s strategic and operational
achievements. The achievements considered by the Committee included: EA SPORTS significantly exceeding its
revenue and profitability targets for fiscal 2013, despite the cancellation of NBA Live 13, and the continued
success of the FIFA, Madden and NHL franchises.
Equity Awards: In June 2012, Mr. Wilson was granted performance-based RSUs with a target vesting of 75,000
shares and 75,000 time-based RSUs. In July 2012, Mr. Wilson was granted an additional retention award of
225,000 time-based RSUs; this award was granted in July as it was approved by the Committee contingent upon
stockholder approval of an amendment to the 2000 Equity Incentive Plan at the 2012 Annual Meeting of
Stockholders. Mr. Wilson’s time-based RSU awards utilized both annual vesting over three years and long-term
“cliff vesting” to deliver value in years one and two, while emphasizing retention through three years. As a
result, approximately 73% of the target equity granted to Mr. Wilson in fiscal 2013 will be eligible to vest in
fiscal 2016.
Mr. Barker
Mr. Barker is our Senior Vice President, Chief Accounting Officer. From February through August 2012,
Mr. Barker also assumed the role of Interim Chief Financial Officer.
36