Electronic Arts 2014 Annual Report Download - page 38

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FISCAL 2014 BONUS SUMMARY FOR
NAMED EXECUTIVE OFFICERS
Base Salary
Earned in Fiscal
2014
Target Annual
Bonus
Award
Annual Bonus
Award
Annual Bonus
as a % of Target
Bonus Award
Mr. Probst ................................ $764,577 N / A — —
Mr. Wilson ............................... $674,038 $803,125 $780,474 97%
Mr. Jorgensen ............................. $666,154 $666,667 $840,000 126%
Mr. Gibeau ............................... $722,115 $722,500 $680,000 94%
Mr. Moore ................................ $646,154 $646,667 $685,000 106%
Mr. Söderlund ............................. $634,518 $542,402 $725,000 134%
Individual NEO cash compensation details, including the specific factors considered by the Committee in
determining each NEO bonus award, are described in the “Individual NEO Compensation” section below.
Principle 2 — Equity Compensation: Approximately 81% of the aggregate compensation of our NEOs for
fiscal 2014 was provided in the form of equity through annual equity awards, a retention equity award, and a
CEO stock option award.
Annual Equity Awards
In fiscal 2014, the Committee approved an annual equity award (“Annual Award”) for each of our NEOs, with
the exception of Mr. Probst. Annual Awards were targeted to be comprised of 50% performance-based restricted
stock units (“PRSUs”) with vesting tied to the Company’s total stockholder return (“TSR”) over 1 year, 2 year
and 3 year measurement periods, and 50% time-based restricted stock units (“RSUs”) with a three-year pro rata
vesting schedule. We granted a mix of PRSUs and RSUs to our NEOs to balance pay-for-performance and
retention considerations. The number of PRSUs and RSUs awarded to each NEO was determined based upon an
individual assessment of various factors including, but not limited to: role within the Company, individual
performance, the value of unvested equity, the grant date value of the award, competitive market practices, and
internal compensation alignment among our executive officers.
The following table shows the Annual Awards granted to our NEOs in fiscal 2014 as reported in the “Fiscal 2014
Summary Compensation Table.”
FISCAL 2014 ANNUAL EQUITY AWARDS FOR
NAMED EXECUTIVE OFFICERS
Target PRSUs RSUs
Annual Equity Award
Value at Grant(1)
Annual Equity Award
Accounting Value(2)
Mr. Probst(3) .......................... — — — —
Mr. Wilson ........................... 75,000 75,000 $3,364,500 $3,896,250
Mr. Jorgensen ........................ 65,000 65,000 $2,915,900 $3,376,750
Mr. Gibeau ........................... 100,000 100,000 $4,486,000 $5,195,000
Mr. Moore ........................... 65,000 65,000 $2,915,900 $3,376,750
Mr. Söderlund ........................ 75,000 75,000 $3,364,500 $3,896,250
(1) “Value at Grant” reflects the number of RSUs and target PRSUs granted multiplied by the closing price of our
common stock on the grant date.
(2) “Accounting Value” reflects the grant date fair value of the RSUs and PRSUs for accounting purposes.
(3) Mr. Probst was granted 10,000 RSUs on July 31, 2013 with an Accounting Value of $261,200 for his services
as a Director for the 2013-2014 Board year.
For fiscal 2015, the Company will change the composition of the Annual Awards granted to our NEOs. Annual
Awards will consist of three components: (a) 50% of the Annual Award will be granted as RSUs, (b) 25% of the
Annual Award will be granted as PRSUs, and (c) the remaining 25% of the Annual Award will be granted in the
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