Electronic Arts 2015 Annual Report Download - page 35

Proxy Statement
Cash Compensation
The cash compensation of each NEO consists of a market competitive base salary and the opportunity to earn an
annual cash bonus, expressed as a percentage of base salary. Base salary and bonus target percentage are set
based on an assessment of various factors, including individual performance, market rates for each role and
internal parity.
The annual cash bonuses paid to our NEOs (other than Mr. Wilson) are determined pursuant to the following
guidelines:
Base
Salary X
Bonus Target
Percentage (%
of Base Salary)
XCompany Bonus
Funding Percentage X
Adjustment
Based on
Business
Unit (if
applicable)
and
Individual
Performance
=NEO Bonus
Payout
Company Bonus Funding Percentage: In order to align our NEOs’ bonus payouts to the performance of the
Company, each NEO’s bonus (other than Mr. Wilson’s) is tied to the bonus funding percentage applied to our
overall Company bonus pool. In fiscal 2015, our non-GAAP net revenue of $4.319 billion was approximately
104% of our $4.150 billion target and our non-GAAP diluted earnings per share of $2.51 was approximately
130% of our $1.90 target. As a result, in fiscal 2015 the Compensation Committee funded our overall Company
bonus pool at 125% of aggregate employee target bonuses. In making this determination, the Compensation
Committee considered the weighting of our non-GAAP net revenue and non-GAAP diluted earnings per share,
which together accounted for 121% of the Company bonus funding percentage. Then the Compensation
Committee took into account other operational achievements in fiscal 2015 including: the critical success of our
fiscal 2015 game launches such as Dragon Age: Inquisition; the operational stability of our fiscal 2015 game
launches such as the launch of Battlefield: Hardline; and the development progress of new IP for fiscal 2016,
including Star Wars: Battlefront, to determine the funding at 125% of aggregate employee target bonuses.
Business Unit and Individual Performance: The Board (in the case of Mr. Wilson) and the Compensation
Committee, in consultation with Mr. Wilson and our Chief Talent Officer (in the case of all other NEOs)
assessed the individual performance achievements of each NEO and then adjusted the final bonus payouts based
on business unit performance (if applicable) and their individual performance in fiscal year 2015.
FISCAL 2015 BASE SALARY AND CASH BONUS FOR NEOs
Base Salary
Earned in Fiscal
2015
Target Annual
Bonus
Award
Company Bonus
Funding
Percentage
(125%)
Fiscal 2015
Cash Bonus
Mr. Wilson .................................... $880,769 $1,325,000 N/A $2,000,000
Mr. Jorgensen .................................. $694,231 $ 695,000 $868,750 $1,216,250
Mr. Söderlund(1) ................................ $642,646 $ 642,646 $803,308 $1,178,780
Mr. Moore .................................... $666,154 $ 666,667 $833,334 $1,050,000
Mr. Moss ..................................... $365,962 $ 309,375 $386,719 $ 425,391
(1) Mr. Söderlund is based in Stockholm, Sweden and thus, paid in Swedish krona (“SEK”). The amounts set forth in this table as base salary
and target annual bonus award were derived from an average of the SEK to USD exchange rates on the last day of each month during
fiscal 2015. The amount set forth as Mr. Söderlund’s fiscal 2015 cash bonus is based on the exchange rate as of May 29, 2015, the fiscal
month-end closest to the date of Mr. Söderlund’s receipt of the fiscal 2015 cash bonus.
Cash bonuses represented approximately one-half of our NEOs’ target total cash compensation and
approximately 64% of our NEOs’ realized total cash compensation for fiscal 2015, thus putting at risk a
significant portion of our NEO’s cash compensation.
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