Symantec 2016 Annual Report Download - page 69

The table below sets forth the grant date fair value determined in accordance with FASC Topic 718
principles established in fiscal years 2014-2016 for the performance-related component of these awards
(i) based upon the probable outcome of the fiscal years 2014-2016 performance-related component as of the
grant date, and (ii) based upon achieving the maximum level of performance under the fiscal years 2014-
2016 performance-related component as of the grant date. Also set forth below are the grant date fair values
pertaining 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 2014-2016, 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
($)
Michael A. Brown ..................... 2016 8,469,051 12,059,783 9,067,506
2015 9,017,952 14,110,442 10,609,355
Thomas J. Seifert ...................... 2016 2,722,202 3,876,369 2,914,563
2015 2,540,404 3,312,488 2,490,592
Balaji Yelamanchili .................... 2016 3,024,672 4,307,081 3,238,407
Scott C. Taylor ........................ 2016 1,814,793 2,584,234 1,943,033
2015 1,427,183 1,860,935 1,399,199
2014 606,769 849,476 638,704
Francis C. Rosch ...................... 2016 3,024,672 4,307,081 3,238,407
2015 1,427,183 1,860,935 1,399,199
Grant Date
Grant Date
Fair Value ($) Volatility (%)
Risk-Free
Interest Rate (%)
5/20/2013 .................................... 26.03 28.80 0.38
6/10/2014 .................................... 25.08 26.20 0.84
9/24/2014 .................................... 30.78 22.89 0.84
6/10/2015 .................................... 27.03 22.55 1.07
(3) Represents the executive officer’s annual bonus under the FY16 Executive Annual Incentive Plans, which
was earned in fiscal 2016 and paid in fiscal 2017.
(4) Represents (a) $26,593 for dividend equivalent payment on stock awards, (b) $15,834 for reimbursement
for tax and financial services, (c) $6,000 for the Company’s contributions to Mr. Brown’s account under its
401(k) plan, (d) $5,612 for the Company’s contributions to Mr. Brown’s Company sponsored life insurance
policy and (e) $410 for membership fees.
(5) This amount reflects payments based on Mr. Brown’s interim President and Chief Executive Officer base sal-
ary for the first six months of fiscal 2015 and Mr. Brown’s adjusted salary for the remainder of fiscal 2015.
(6) Represents the executive officer’s annual bonus under the Executive Annual Incentive Plans for fiscal 2015,
which was earned in fiscal 2015 and paid in fiscal 2016.
(7) Represents (a) $12,000 for the Company’s contributions to Mr. Brown’s account under its 401(k) plan, and
(b) $10,000 for reimbursement for tax services.
(8) Represents the prorated salary of $36,364 that Mr. Brown received based on his period of employment as
our interim President and Chief Executive Officer in fiscal 2014.
(9) Represents the following non-employee director compensation paid to Mr. Brown prior to his becoming our
interim President and Chief Executive Officer in March 2014:
Fees Earned
or Paid in Cash
($)*
Stock
Awards
($)†
Total
($)
105,023†† 234,978 340,000
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