Electronic Arts 2014 Annual Report Download - page 54

FISCAL 2014 GRANTS OF PLAN-BASED AWARDS TABLE
The following table shows information regarding non-equity incentive and equity plan-based awards granted to the
Named Executive Officers during fiscal 2014.
Name
Grant
Date(1)
Approval
Date(1)
Estimated Future
Payouts
Under Non-
Equity
Incentive
Plan Awards(2)
Estimated Future
Payouts
Under Equity
Incentive
Plan Awards(3)
All
Other
Stock
Awards:
Number of
Shares of
Stock or
Units
(#)(4)
All Other
Option
Awards:
Number of
Securities
Underlying
Options
(#)
Exercise
or Base
Price of
Option
Awards
($/Share)(5)
Grant
Date
Fair
Value of
Stock
and
Option
Awards
($)(6)
Target
($)
Maximum
($)
Target
(#)
Maximum
(#)
Lawrence F. Probst III ......
Annual Bonus Opportunity — — — 3,090,000(7) —— — — — —
RSUs 7/31/2014 7/31/2014 — — — — 10,000(8) — — 261,200
Andrew Wilson ...........
Annual Bonus Opportunity — — 803,125 2,400,000 — — — — — —
PRSUs 6/17/2013 5/15/2013 — — 75,000 150,000 — — — 2,214,000
RSUs 6/17/2013 5/15/2013 — — — — 75,000(9) — — 1,682,250
Options 10/31/2013 9/15/2013 — — — — — 1,000,000(10) 26.25 8,607,400
Blake J. Jorgensen .........
Annual Bonus Opportunity — — 666,667 2,010,000 — — — — — —
PRSUs 6/17/2013 5/15/2013 — — 65,000 130,000 — — — 1,918,800
RSUs 6/17/2013 5/15/2013 — — — — 65,000(9) — — 1,457,950
RSUs 2/18/2014 1/12/2014 — — — — 225,000(11) — — 6,390,000
Frank D. Gibeau ..........
Annual Bonus Opportunity — — 722,500 2,175,000 — — — — — —
PRSUs 6/17/2013 5/15/2013 — — 100,000 200,000 — — — 2,952,000
RSUs 6/17/2013 5/15/2013 — — — — 100,000(9) — — 2,243,000
Peter Moore ..............
Annual Bonus Opportunity — — 646,667 1,950,000 — — — — — —
PRSUs 6/17/2013 5/15/2013 — — 65,000 130,000 — — — 1,918,800
RSUs 6/17/2013 5/15/2013 — — — — 65,000(9) — — 1,457,950
Patrick Söderlund .........
Annual Bonus Opportunity — — 542,402 1,915,593 — — — — — —
PRSUs 6/17/2013 5/15/2013 — — 75,000 150,000 — — — 2,214,000
RSUs 6/17/2013 5/15/2013 — — — — 75,000(9) — — 1,682,250
(1) Each grant was approved on the approval date indicated above by our Compensation Committee or the Board, where applicable, for grant on
the specific grant date indicated above. For more information regarding our grant date policy, see “Equity Awards Grant Practices” in the
“Compensation Discussion and Analysis” above.
(2) The amounts shown represent the target and maximum amount of potential cash bonus plan awards provided for under the Electronic Arts
Executive Bonus Plan. The target amounts are pre-established as a percentage of salary and the maximum amounts represent the greatest
payout that could have been made if the pre-established performance level was met or exceeded. For more information regarding the bonuses
paid to our NEOs in fiscal 2014 and an explanation of the amount of salary and bonus in proportion to total compensation, see the sections
titled “Compensation Principles and Structure”, “Individual NEO Compensation”, and “Executive Bonus Plan” in the “Compensation
Discussion and Analysis” above.
(3) Represents awards of RSUs with performance-based vesting granted under our 2000 Equity Incentive Plan. The PRSUs granted to our NEOs
in fiscal 2014 are referred to as “Market-Based Restricted Stock Units” in Note 15 “Stock-Based Compensation and Employee Benefit Plans”,
to the Consolidated Financial Statements in our 2014 Annual Report. The number of RSUs that vest will be based on EA’s total stockholder
return (“TSR”) relative to the performance of those companies in the NASDAQ-100 Index on April 1, 2013 (the “NASDAQ-100”). The TSR
for the Company and the NASDAQ 100 will be measured over a three year performance period covering fiscal 2014 through 2016, with one
year (fiscal 2014), two year (fiscal 2014 and 2015) and three year (fiscal 2014, 2015 and 2016) TSR measurement periods. The TSR for each
measurement period will be calculated using a 90-day trailing average of the closing stock prices of the NASDAQ-100 at the end of each
measurement period as compared to the 90-day average of the closing stock prices of the NASDAQ-100 for the first 90 days of the
measurement period. The actual number of shares that vest will be determined by the Compensation Committee based on the relative TSR for
each measurement period and will range from zero to 200% of the target amount. In order to vest in 100% of the target number of PRSUs, the
Company’s TSR needs to be at the 60th percentile of the TSR of the NASDAQ-100. Upon vesting, each performance-based RSU
automatically converts into one share of EA common stock, and does not have an exercise price or expiration date. The PRSUs are not
entitled to receive dividends, if any, paid by EA on its common stock.
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