Symantec 2014 Annual Report Download - page 61

The table below sets forth the grant date fair value determined in accordance with FASC Topic 718 princi-
ples established in fiscal years 2012-2014 for the performance-related component of these awards (i) based
upon the probable outcome of the fiscal years 2012-2014 performance-related component as of the grant
date, and (ii) based upon achieving the maximum level of performance under the fiscal years 2012-2014
performance-related component as of the grant date. Also set forth below are the grant date fair values per-
taining to the market-related component or the TSR adjustment and significant inputs and assumptions used
in the Monte Carlo model, determined upon grant in fiscal years 2012-2014, and which is not subject to
probable or maximum outcome assumptions.
Name
Fiscal
Year
Probable Outcome of
Performance
Conditions Grant
Date Fair Value
($)
Maximum
Outcome of
Performance
Conditions Grant
Date Fair Value
($)
Market-Related
Component Grant
Date Fair Value
($)
Michael A. Brown .................... 2014 — — —
Thomas J. Seifert ..................... 2014 — — —
Stephen E. Gillett ..................... 2014 1,820,331 2,548,464 1,916,138
2013 — — —
Scott C. Taylor ....................... 2014 606,769 849,476 638,704
2013 538,670 607,145 456,500
Stephen M. Bennett ................... 2014 — — —
2013 2,410,400 3,205,832 2,410,400
James A. Beer ....................... 2014 1,638,308 2,293,631 1,724,535
2013 783,520 883,120 664,000
2012 964,000 1,282,120 964,000
Francis A. deSouza ................... 2014 2,063,054 2,888,275 2,171,635
2013 979,400 1,103,900 830,000
2012 919,200 1,222,536 919,200
Andrew H. Del Matto ................. 2014 252,835 353,969 266,142
Donald J. Rath ....................... 2014 111,236 155,731 117,091
Grant Date
Grant Date
Fair Value ($) Volatility (%)
Risk-Free
Interest Rate (%)
5/9/2011 .................................... 24.10 48.67 0.90
6/10/2011 ................................... 22.98 48.33 0.65
5/10/2012 ................................... 16.60 32.21 0.36
9/10/2012 ................................... 20.96 31.17 0.38
5/20/2013 ................................... 26.03 28.80 0.38
(8) Represents (a) $5,764 for dividend equivalent payment on stock awards, (b) $46,272 for coverage of
expenses related to attendance at the FY13 sales achiever’s trip, and (c) $266,643 for relocation expenses.
(9) Mr. Gillett’s received a prorated salary of $241,951 based on his period of employment as our Executive
Vice President and Chief Operating Officer in fiscal 2013. His annual base salary is $875,000.
(10) Represents two one-time sign-on bonuses designed to partially offset Mr. Gillett’s forfeiture of various
bonuses, including $2,552,000 of previously-paid bonuses that he was obligated to repay in full, as a result
of his departure from his former employer. Mr. Gillett is obligated to repay all or a portion of these sign-on
bonuses if he voluntarily leaves the Company or is terminated for cause prior to December 21, 2017.
(11) Represents the executive officer’s annual bonus under the Executive Annual Incentive Plan for fiscal 2013,
which was earned in fiscal 2013 and paid in fiscal 2014.
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