Symantec 2014 Annual Report Download - page 71

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Scott C. Taylor
The following table summarizes the value of the payouts to Mr. Taylor pursuant to the Symantec Executive
Retention Plan and the Symantec Executive Severance Plan, assuming a qualifying termination as of March 28,
2014 (intrinsic values of equity awards are based upon the closing price for a share of our common stock of
$19.79 on March 28, 2014 minus the exercise price):
Severance
Pay
COBRA
Premiums
Option
Vesting RSU Vesting
PRU
Vesting
Involuntary Termination Because of
Market Conditions or Division
Performance ........................ $439,200 — — —
Termination Without Cause or
Constructive Termination Within 12
Months of a Change of Control ........ $693,000 $501,420 $1,874,924 $1,085,482
Termination Without Cause or
Termination Due to Death or
Disability .......................... $ 361,801
Former Officers:
Stephen M. Bennett
The following table summarizes the value of payouts to Mr. Bennett in accordance with an employment
agreement, dated August 21, 2012, between Mr. Bennett and Symantec, and the agreements covering his PCSU
and RSU awards in connection with Mr. Bennett’s involuntary termination. He received a cash severance pay-
ment equal to 1.5 times his annual base salary and target bonus, reimbursement of COBRA premiums for eight-
een months and accelerated vesting of his RSUs, PRUs and PCSUs.
Severance
Pay
COBRA
Premiums RSU Vesting
PRU
Vesting
PCSU
Vesting
Involuntary Termination ........... $3,750,000 $22,901 $1,290,300 $1,685,985 $17,557,370
James A. Beer
The following table summarizes the value of the payouts to Mr. Beer pursuant to the Symantec Executive
Retention Plan and the Symantec Executive Severance Plan:
Severance
Pay
Executive
Bonus
Outplacement
Cost
COBRA
Premiums
Option
Vesting
RSU
Vesting
PRU
Vesting
Voluntary Termination ..... — ———
Francis A. deSouza
The following table summarizes the value of the payouts to Mr. deSouza pursuant to the Symantec Execu-
tive Retention Plan and the Symantec Executive Severance Plan:
Severance
Pay
Executive
Bonus
Outplacement
Cost
COBRA
Premiums
Option
Vesting
RSU
Vesting
PRU
Vesting
Voluntary Termination ..... — ———
61