Symantec 2009 Annual Report Download - page 48

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Summary of Compensation
The following table shows for the fiscal year ended April 3, 2009, 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 April 3, 2009 (the “Named Executive Officers” or “NEOs”).
Summary Compensation Table for Fiscal 2009
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 . . . ...... 2009 800,000 676,495 3,037,417 2,430,000(3) 81,880(4) 7,025,792
Chairman of the Board of 2008 800,000 3,415,203(5) 1,150,000(6) 273,641(7) 5,638,844
Directors and former Chief
Executive Officer
2007 800,000 — 3,523,104(5) 350,000(6) 108,611(8) 4,781,715
James A. Beer . ........... 2009 660,000 1,087,546 795,750 884,700(9) 8,998(10) 3,436,994
Executive Vice President, 2008 660,000 840,845 639,896 1,079,700(11) 17,997(12) 3,238,438
Chief Financial Officer 2007 650,000 760,000(13) 423,047 449,840 48,326(14) 2,331,213
Enrique Salem . ........... 2009 625,000 925,055 1,072,058 1,246,875(15) 15,756(16) 3,884,744
President and Chief Executive
Officer
2008 509,659 1,303,963 919,970 941,386(17) 21,482(18) 3,696,460
Gregory W. Hughes. . . ...... 2009 475,860 743,703 1,083,030 633,877(19) 16,655(20) 2,953,125
Group President, 2008 475,860 1,397,513 1,103,271 983,098(21) 43,434(22) 4,003,176
Enterprise Product Group
J. David Thompson . . . ...... 2009 435,000 973,064 709,240 573,930(23) 6,000(24) 2,697,234
Group President, Information
Technology and Services
Group
(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 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, 2008 or 2009. For additional information on the valuation assumptions with respect to grants made in
fiscal 2009, refer to Note 13 of the financial statements in our Form 10-K for the fiscal year ended April 3,
2009, as filed with the SEC. For information on the valuation assumptions with respect to grants made prior to
fiscal 2009, refer to “the Employee Benefits and Stock-Based Compensation” note 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 SFAS 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 2009, refer to Note 13 of the financial statements
in our Form 10-K for the fiscal year ended April 3, 2009, as filed with the SEC. For information on the valuation
assumptions with respect to grants made prior to fiscal 2009, refer to “the Employee Benefits and Stock-Based
Compensation” note of the financial statements in our Form 10-K for the respective year.
(3) This amount represents (a) $1,530,000 for Mr. Thompson’s executive annual bonus under his Executive
Annual Incentive Plan for fiscal 2009, which was earned in fiscal 2009 and paid in fiscal 2010, and
(b) $900,000 accrued on Mr. Thompson’s behalf for performance during fiscal 2009 under the FY09 LTIP.
Mr. Thompson will be eligible to receive the FY09 LTIP award if he remains employed by the Company
through the last day of fiscal 2011.
(4) This amount includes (a) $8,797 for coverage of expenses related to Mr. Thompson’s attendance at the
Company’s FY08 sales achiever’s trip and Board retreat, (b) $14,278 for term executive life insurance and
39