Symantec 2010 Annual Report Download - page 30

Director Compensation
The following table provides information for fiscal year 2010 compensation for all of our non-employee
directors who served during the last fiscal year:
Fiscal Year 2010 Director Compensation
Name
Fees Earned
or Paid in
Cash
($)(1)
Stock
Awards
($)(2)
Option
Awards
($)(7)
Total
($)
Stephen M. Bennett(3) ...................... 11,798 42,394(5) — 54,192
Michael A. Brown ......................... 80,005 179,995(6) — 260,000
William T. Coleman ....................... 60,005 179,995(6) — 240,000
Frank E. Dangeard ........................ 75,005 179,995(6) — 255,000
Geraldine B. Laybourne ..................... 60,005 179,995(6) — 240,000
David L. Mahoney......................... 75,005 179,995(6) — 255,000
Robert S. Miller(4) ........................ 100,005 179,995(6) — 280,000
Daniel H. Schulman ....................... 80,005 179,995(6) — 260,000
V. Paul Unruh ............................ 95,005 179,995(6) — 275,000
(1) Non-employee directors receive an annual retainer fee of $50,000 plus an additional annual fee of $10,000
(Compensation Committee and Nominating and Governance Committee) or $15,000 (Audit Committee) for
membership on each committee. The chair of each committee receives an additional annual fee of $10,000
(Compensation Committee and Nominating and Governance Committee) or $20,000 (Audit Committee).
(2) Amounts shown in this column reflect the aggregate full grant date fair value calculated in accordance with
FASB Accounting Standards Codification Topic 718 for awards granted during the fiscal year.
(3) Mr. Bennett was appointed to the Board effective February 8, 2010. Accordingly, he received prorated
compensation under the director compensation policies described below.
(4) Mr. Miller received an additional annual fee in the amount of $25,000 for his role as Lead Independent Director.
(5) Since Mr. Bennett was appointed to the Board after the beginning of the fiscal year, he was granted a prorated
award of 2,485 restricted stock units on February 9, 2010, with a per share value of $17.06 and a full grant date
fair value of $42,394.
(6) Messrs. Brown, Coleman, Dangeard, Laybourne, Mahoney, Miller, Schulman and Unruh were each granted
11,749 restricted stock units on May 11, 2009, with a per share fair value of $15.32 and a full grant date fair
value of $179,995.
(7) In fiscal year 2010 and 2009, there were no stock option grants to any person who served as a non-employee
director. The outstanding stock options held by each non-employee director at 2010, 2009 and 2008 fiscal year-
end were: Mr. Brown (175,630), Mr. Coleman (100,000), Mr. Mahoney (106,000), Mr. Miller (148,000),
Mr. Schulman (61,000), and Mr. Unruh (180,630).
The policy of the Board is that compensation for independent directors should be a mix of cash and equity-
based compensation. Symantec does not pay employee directors for Board service in addition to their regular
employee compensation. Independent directors may not receive consulting, advisory or other compensatory fees
from the Company. The Compensation Committee, which consists solely of independent directors, has the primary
responsibility to review and consider any revisions to directors’ compensation.
Director Stock Ownership Guidelines: Since May 2007, the Compensation Committee has instituted the
following stock ownership guidelines to better align our directors’ interests with those of our stockholders:
• Directors must maintain a minimum holding of 10,000 shares of Company stock;
• New directors will have three years to reach the minimum holding level; and
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