Symantec 2012 Annual Report Download - page 64

Summary of Compensation
The following table shows for the fiscal year ended March 30, 2012, compensation awarded to or paid to, or
earned by, our former Chief Executive Officer, our Chief Financial Officer and the three most highly compen-
sated executive officers who were serving as executive officers (other than as our Chief Executive Officer or
Chief Financial Officer) at March 30, 2012 (the “named executive officers” or “NEOs”).
Summary Compensation Table for Fiscal 2012
Name and Principal Position
Fiscal
Year
Salary
($)
Bonus
($)
Stock
Awards
($)(1)
Option
Awards
($)(2)
Non-Equity
Incentive Plan
Compensation
($)
All Other
Compensation
($)(3)
Total
($)
Enrique Salem ............................ 2012 800,000 — 5,280,000 — 3,210,000(4) 98,462(5) 9,388,462
Former President and Chief Executive 2011 750,000 — 1,732,800 1,711,658 4,281,250(6) 33,975(7) 8,509,683
Officer* 2010 625,000 — 2,398,200 2,888,793 3,092,969(8) 17,387(9) 9,022,349
James A. Beer ............................ 2012 700,000 — 2,629,000 — 1,111,250(10) 99,556(11) 4,539,806
Executive Vice President, 2011 700,000 — 505,400 398,060 1,117,050(12) 19,632(13) 2,740,142
Chief Financial Officer 2010 660,000 — 720,040 547,106 747,120(14) 12,949(15) 2,687,215
Rowan M. Trollope ........................ 2012 435,000 — 3,509,200 — 768,150(16) 1,181,354(17) 5,893,704
Group President,
SMB and Symantec.cloud
Francis A. deSouza ........................ 2012 435,000 — 3,509,200 — 794,250(18) 62,822(19) 4,801,272
Group President,
Enterprise Products & Services
William T. Robbins ....................... 2012 475,000 — 2,629,000 — 904,269(20) 69,946(21) 4,078,215
Executive Vice President, 2011 475,000 — 361,000 238,836 875,400(22) 35,427(23) 1,985,663
Worldwide Sales and Services 2010 453,375 — 812,930 684,845 625,800(24) 194,627(25) 2,771,577
* Mr. Salem resigned from the Company, effective July 24, 2012.
(1) Amounts shown in this column reflect the aggregate full grant date fair value calculated in accordance with
FASB Accounting Standards Codification Topic 718 for restricted stock unit awards and, solely in the case
of fiscal 2012, PRUs, each awarded under Symantec’s 2004 Equity Incentive Plan.
(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 option awards granted under Symantec’s 2004
Equity Incentive Plan. We calculate the grant date fair value of stock options using the Black-Scholes
option pricing model. The following table includes the assumptions used to calculate the aggregate grant
date fair value of awards reported for fiscal 2011 and 2010. We do not currently pay cash dividends on our
common stock. The assumptions listed below are consistent with the assumptions that we used to report
stock option valuations and expense in the consolidated financial statements contained in our annual report
on Form 10-K for fiscal year 2012:
Grant Date Volatility (%)
Expected
Life (Years)
Risk-Free
Interest Rate (%)
6/10/2010 ..................................... 34.02 3.51 1.93
5/11/2009 ..................................... 43.94 3.38 1.46
4/10/2009 ..................................... 43.94 3.38 1.46
(3) Amounts shown in this column for fiscal 2012, as footnoted below, include a payout of accrued PTO bal-
ance earned under our paid-time off (PTO) policy. We modified our PTO policy for management positions
during fiscal 2012, and members of management, including all of our executive officers, will no longer
accrue PTO. This is a one-time payout, and is required under applicable laws.
(4) This amount represents (a) $1,110,000 for Mr. Salem’s executive annual bonus under his Executive Annual
Incentive Plan for fiscal 2012, which was earned in fiscal 2012 and paid in fiscal 2013, and (b) $2,100,000
accrued on Mr. Salem’s behalf for performance during fiscal 2012 under the FY12 LTIP. Mr. Salem will
receive a pro-rated amount of the FY12 LTIP award based on the terms of the FY12 LTIP.
(5) This amount represents PTO payout for Mr. Salem.
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