Symantec 2008 Annual Report Download - page 31

options under the plan have generally been subject to a four-year vesting period. Options terminate ten years
or less from the date of grant.
•Exercise Price: The exercise price of each option granted was not less than 100% of the fair market value
of the shares of common stock on the date of the grant.
•Tax Status: All options granted under the plan are non-qualified stock options.
•Method of Exercise: The option exercise price is typically payable in cash or by check, but may also be
payable, at the discretion of the Committee, in other forms of consideration.
•Termination of Employment: Options cease vesting on the date of termination of service or death of the
participant. Options granted under the plan generally expire three months after the termination of the
optionee’s service to Symantec or a parent or subsidiary of Symantec, except in the case of death or
disability, in which case the options generally may be exercised up to 12 months following the date of death
or termination of service. However, if the optionee is terminated for cause, the optionee’s options expire
upon termination of employment.
Corporate Transactions. In the event of a change of control of Symantec (as defined in the plan), the buyer
may either assume the outstanding awards or substitute equivalent awards. In the event the buyer fails to assume or
substitute awards issued under the plan, all awards will expire upon the closing of the transaction.
Term and Amendment of the Plan. The plan was terminated in September 2004, except that outstanding
options granted thereunder will remain in place for the term of such options.
1999 Acquisition Plan
The purpose of this plan was to issue stock options in connection with Symantec’s acquisition of URLabs in
September 1999.
Eligibility for Participation. Employees, officers, consultants, independent contractors and advisors to
Symantec, or of any subsidiary or affiliate of Symantec, are eligible to receive stock options under this plan. Options
awarded to officers may not exceed in the aggregate 30% of all shares available for grant under the plan.
Terms of Options. Many of the terms of the options are determined by the Compensation Committee, and are
generally the same in all material respects as the terms described above with respect to Symantec’s 2001 Non-
Qualified Equity Incentive Plan, except that the 1999 Acquisition Plan does not contain a provision for the
expiration of employees’ options upon a termination for cause.
Term and Amendment of the Plan. The plan was terminated by the Board on October 18, 2005, except that
outstanding options granted thereunder will remain in place for the term of such options.
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