Symantec 2014 Annual Report Download - page 65

The following table shows for the fiscal year ended March 28, 2014, certain information regarding grants of plan-based
awards to our named executive officers from our incentive plans:
Grants of Plan-Based Awards in Fiscal 2014
Estimated Future Payouts
Under Non-Equity Incentive Plan
Awards(2)
Estimated Future Payouts
Under Equity Incentive
Plan Awards(4)
All Other
Stock
Awards:
Number
of Shares
of Stock
or Units(5)
(#)
All Other
Option
Awards:
Number
of
Securities
Underlying
Options
(#)
Exercise or
Base Price
of Option
Awards
($/Sh)
Grant
Date
Fair
Value
of Stock
and
Option
Awards
($)
Grant
Date(1)
Threshold
($)
Target
($)
Maximum
($)
Threshold
(#)
Target
(#)
Maximum
(#)Name
Michael A. Brown ..... — (3) (3) (3) — — — — — — —
Thomas J. Seifert ...... — (3) (3) (3) — — — — — — —
Stephen E. Gillett ...... 05/20/13 160,781 1,093,750 3,368,750 — — — 49,083 — — 1,185,354
05/20/13 36,812 73,624 146,879 — — 1,916,138
Scott C. Taylor ........ 05/20/13 40,131 273,000 840,840 67,866 — — 592,665
05/20/13 12,270 24,541 48,959 — — 638,704
02/10/14 43,325 — — 905,059
Former Officers
Stephen M. Bennett .... 05/20/13 630,000 1,500,000 3,300,000 — — — 782,414(6) — — 8,272,725
James A. Beer ........05/20/13 102,900 700,000 2,156,00 — — — 44,174 — — 1,066,802
05/20/13 33,131 66,262 132,192 — — 1,724,535
Francis A. deSouza ....05/20/13 128,625 875,000 2,695,000 — — — 55,627 — — 1,343,392
05/20/13 41,720 83,441 166,464 — — 2,171,635
Andrew H. Del Matto . . 05/20/13 31,027 211,066 650,084 — — — 10,226 — — 246,958
05/20/13 5,113 10,226 20,400 — — 266,142
Donald J. Rath ........ 05/20/13 18,906 128,612 396,124 — — — 6,749 — — 162,988
05/20/13 2,249 4,499 8,975 — — 117,091
(1) Represents grant date of stock awards.
(2) Represents threshold, target and maximum payouts with respect to each applicable metric under the FY14 Executive
Annual Incentive Plan.
(3) Messrs. Brown and Seifert did not participate in the FY14 Executive Annual Incentive Plan.
(4) The amounts shown in these rows reflect, in share amounts, the threshold, target, and maximum potential eligible shares
to be earned (based on performance for the fiscal 2014 period) at the end of fiscal 2015 and 2016, based on, and subject
to further adjustment as a result of, the achievement of the TSR ranking for our company as compared to the S&P 500, as
further described in the CD&A section beginning on page 41. In May 2013 our named executive officers, except Messrs.
Brown and Seifert were awarded a PRU under the 2004 Plan, eligible to be earned if we achieve at least 90% of the tar-
get level non-GAAP EPS performance for fiscal 2014, with a threshold award equal to 50% of the target eligible shares
and a maximum award equal to 133% of the target eligible shares. For fiscal 2014, the Compensation Committee
determined that we achieved 99% of our non-GAAP EPS target under the PRUs, resulting in 98% of the target eligible
shares becoming eligible to be earned based on achievement of the TSR performance goals under the PRUs. Pursuant to
the terms of these awards, each NEO who was granted PRUs in fiscal 2014 will be eligible to receive at least half of the
eligible shares if he remains employed by us through the last day of fiscal 2016 even if we fail to achieve those TSR
performance goals, and could receive up to 150% of such shares, depending upon the degree to which we achieve of
those goals and the same employment condition is met. For additional detail on the grant date fair value of the PRUs, see
footnote 7 to the Summary Compensation Table above.
(5) This RSU grant was granted under the 2004 Plan and vests in four equal annual installments on each of the first through
fourth anniversaries of the date of grant, and is settled in shares on the vesting date.
(6) For additional detail on the grant date fair value of the PCSUs, see footnote 16 to the Summary Compensation Table
above.
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