Electronic Arts 2015 Annual Report Download - page 28

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grant or the date of the 2016 Annual Meeting. The grant date fair value of the equity award will remain $260,000.
For additional information regarding the valuation methodology for RSUs, see Note 15, “Stock Based
Compensation and Employee Benefit Plans”, to the Consolidated Financial Statements in our Annual Report.
Other Benefits
Non-employee directors, who are not employed with any other company, are offered an opportunity to purchase
certain EA health, dental and vision insurance while serving as a Board of Directors member with the option for
the continuation of benefits upon the expiration of their Board of Directors term. Participating directors pay
100% of their own insurance premiums.
Deferred Compensation Plan
We maintain a Deferred Compensation Plan (“DCP”) that allows our directors and certain employees, including
our named executive officers, to defer receipt of their director fees or base salary, as the case may be, into cash
accounts that mirror the gains and/or losses of several different investment funds, which correspond to the funds
we have selected for our 401(k) plan. Director participants may defer up to 100% of their director fees until the
date(s) they have specified. We are not required to make any contributions to the DCP and did not do so in fiscal
2015.
Stock Ownership Guidelines
Each non-employee director is required, within five years of becoming a director, to own shares of EA common
stock or vested, but deferred, RSUs having a value of at least five years’ annual retainer for service on the Board
of Directors. As of March 31, 2015, each of our directors had either fulfilled their ownership requirements or had
not yet reached five years of service. Mr. Hoag is currently eligible to satisfy his ownership requirements through
holdings of EA stock by Technology Crossover Ventures.
FISCAL 2015 DIRECTOR COMPENSATION TABLE
The following table shows compensation information for each of our non-employee directors during fiscal 2015.
The compensation paid to Mr. Wilson is shown under “Fiscal 2015 Summary Compensation Table”found on
page 39 of this Proxy Statement and the related explanatory tables. Mr. Wilson does not receive any
compensation for his service as a member of the Board.
Name
Fees Earned or
Paid in Cash
($)
Stock
Awards
($)(2)
Option
Awards
($)(3)(4) Total
($)
Leonard S. Coleman ................................. $78,125 $129,998 $129,998 $338,121
Jay C. Hoag ........................................ — $129,998 $217,976 $347,974
Jeffrey T. Huber ..................................... — $129,998 $208,341 $338,339
Vivek Paul ......................................... — $129,998 $205,620 $335,618
Lawrence F. Probst III(1) .............................. $36,667 $129,998 $129,998 $296,663
Richard A. Simonson ................................. — $129,998 $250,969 $380,967
Luis A. Ubiñas ...................................... $75,000 $129,998 $129,998 $334,996
Denise F. Warren .................................... $71,250 $129,998 $129,998 $331,246
(1) Mr. Probst was employed by the Company as our Executive Chairman until December 31, 2015 and did not receive cash compensation for
his service on the Board of Directors while he was an employee. Mr. Probst’s cash compensation for his service on the Board of Directors
was pro-rated from January 1, 2015 through March 28, 2015 (the last day of fiscal 2015). In addition to the annual equity award
Mr. Probst received upon his re-election at our 2014 Annual Meeting of the Stockholders, which is reflected above, Mr. Probst also
received a one-time equity award on June 16, 2014 in recognition for his service to the Company as Executive Chairman, which is not
reflected above. This one-time equity award had an aggregate grant date fair value of $1,532,413 and was comprised of RSUs with a grant
date fair value equal to 50% of the award and a non-qualified stock option to purchase EA common stock with a grant date fair value
equal to 50% of the award.
(2) Represents the aggregate grant date fair value of RSUs granted in fiscal 2015 and calculated based on a closing price of $33.60 for our
common stock on the date of grant, July 31, 2014. For additional information regarding the valuation methodology for RSUs, see Note 15,
“Stock-Based Compensation and Employee Benefit Plans”, to the Consolidated Financial Statements in our Annual Report. The aggregate
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