Symantec 2008 Annual Report Download - page 68

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Summary of Compensation
The following table shows for the fiscal year ended March 28, 2008, compensation awarded to or paid to, or
earned by, our Chief Executive Officer, our Chief Financial Officer and the three most highly compensated
executive officers who were serving as executive officers (other than as our Chief Executive Officer or Chief
Financial Officer) at March 28, 2008 and two additional individuals for whom disclosure would have been required
had they continued serving as an executive officer through March 28, 2008 (the “Named Executive Officers”).
Summary Compensation Table for Fiscal 2008
Name and Principal Position
Fiscal
Year
Salary
($)
Bonus
($)
Stock
Awards
($)(1)
Option
Awards
($)(2)
Non-Equity
Incentive Plan
Compensation
($)
All Other
Compensation
($)
Total
($)
John W. Thompson . . ...... 2008 800,000 — 3,415,203(3) 1,150,000(4) 273,641(5) 5,638,844
Chairman of the Board of
Directors and Chief
Executive Officer
2007 800,000 — 3,523,104(3) 350,000(4) 108,611(6) 4,781,715
James A. Beer .......... 2008 660,000 840,845 639,896 1,079,700(7) 17,022(8) 3,237,463
Executive Vice President,
Chief Financial Officer
2007 650,000 760,000(9) 423,047 449,840 48,326(10) 2,331,213
Gregory W. Hughes . ...... 2008 475,860 1,397,513 1,103,271 983,098(11) 43,434(12) 4,003,178
Chief Strategy Officer
Enrique T. Salem . . . ...... 2008 509,659 1,303,963 919,970 941,386(13) 21,482(14) 3,696,460
Chief Operating Officer
Janice Chaffin ........... 2008 450,000 1,286,219 805,339 810,900(15) 40,778(16) 3,393,236
Group President, Consumer
Business Unit
2007 420,000 63,000(17) 858,878 1,281,015 268,200(18) 31,940(19) 2,923,033
Thomas W. Kendra . . ...... 2008 460,000 1,286,219 1,449,152 384,560(4) 11,336(20) 3,591,267
Former Group President,
Security and Compliance
Segment
2007 450,500 1,356,124(21) 858,878 1,392,019 126,140(4) 21,434(22) 4,205,095
Gregory S. Butterfield ...... 2008 480,066 882,688(23) 989,726 728,040 401,865(24) 6,318(25) 3,488,703
Former Group President,
Altiris Segment
(1) Amounts shown in this column reflect our accounting expense for these awards and do not reflect whether the
recipient has actually realized a financial benefit from the awards (such as by vesting in a restricted stock unit
award). This column represents the dollar amount recognized for financial statement reporting purposes with
respect to the applicable fiscal year for the fair value of restricted stock units and restricted stock awards held
by the NEOs in accordance with SFAS 123R. Pursuant to SEC rules, the amounts shown exclude the impact of
estimated forfeitures related to service-based vesting conditions. No stock awards were forfeited by any of the
NEOs during fiscal 2007 or 2008. For additional information on the valuation assumptions with respect to
grants made in fiscal 2008, refer to Note 15 of the financial statements in our Form 10-K for the year ended
March 28, 2008, as filed with the SEC. For information on the valuation assumptions with respect to grants
made prior to fiscal 2008, refer to Note 11 of the financial statements in our Form 10-K for the respective year.
(2) Amounts shown in this column reflect our accounting expense for these awards and do not reflect whether the
recipient has actually realized a financial benefit from the awards (such as by exercising stock options). This
column represents the dollar amount recognized for financial statement reporting purposes with respect to the
applicable fiscal year for the fair value of stock options granted to the NEOs. The fair value was estimated
using the Black-Scholes option pricing model in accordance with FAS 123R. Pursuant to SEC rules, the
amounts shown exclude the impact of estimated forfeitures related to service-based vesting conditions. For
additional information on the valuation assumptions with respect to grants made in fiscal 2008, refer to
Note 15 of the financial statements in our Form 10-K for the year ended March 28, 2008, as filed with the SEC.
For information on the valuation assumptions with respect to grants made prior to fiscal 2008, refer to Note 11
on the financial statements in our Form 10-K for the respective year.
(3) This amount represents stock option awards granted to Mr. Thompson prior to fiscal 2007; Mr. Thompson
declined his long term equity incentive grants in fiscal 2007 and 2008.
(4) This amount represents the NEO’s executive annual bonus under the NEO’s Executive Annual Incentive Plan
for the applicable fiscal year, which was earned in such fiscal year and paid in the following fiscal year.
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