Symantec 2016 Annual Report Download - page 78

Download and view the complete annual report

Please find page 78 of the 2016 Symantec annual report below. You can navigate through the pages in the report by either clicking on the pages listed below, or by using the keyword search tool below to find specific information within the annual report.

Page out of 184

  • 1
  • 2
  • 3
  • 4
  • 5
  • 6
  • 7
  • 8
  • 9
  • 10
  • 11
  • 12
  • 13
  • 14
  • 15
  • 16
  • 17
  • 18
  • 19
  • 20
  • 21
  • 22
  • 23
  • 24
  • 25
  • 26
  • 27
  • 28
  • 29
  • 30
  • 31
  • 32
  • 33
  • 34
  • 35
  • 36
  • 37
  • 38
  • 39
  • 40
  • 41
  • 42
  • 43
  • 44
  • 45
  • 46
  • 47
  • 48
  • 49
  • 50
  • 51
  • 52
  • 53
  • 54
  • 55
  • 56
  • 57
  • 58
  • 59
  • 60
  • 61
  • 62
  • 63
  • 64
  • 65
  • 66
  • 67
  • 68
  • 69
  • 70
  • 71
  • 72
  • 73
  • 74
  • 75
  • 76
  • 77
  • 78
  • 79
  • 80
  • 81
  • 82
  • 83
  • 84
  • 85
  • 86
  • 87
  • 88
  • 89
  • 90
  • 91
  • 92
  • 93
  • 94
  • 95
  • 96
  • 97
  • 98
  • 99
  • 100
  • 101
  • 102
  • 103
  • 104
  • 105
  • 106
  • 107
  • 108
  • 109
  • 110
  • 111
  • 112
  • 113
  • 114
  • 115
  • 116
  • 117
  • 118
  • 119
  • 120
  • 121
  • 122
  • 123
  • 124
  • 125
  • 126
  • 127
  • 128
  • 129
  • 130
  • 131
  • 132
  • 133
  • 134
  • 135
  • 136
  • 137
  • 138
  • 139
  • 140
  • 141
  • 142
  • 143
  • 144
  • 145
  • 146
  • 147
  • 148
  • 149
  • 150
  • 151
  • 152
  • 153
  • 154
  • 155
  • 156
  • 157
  • 158
  • 159
  • 160
  • 161
  • 162
  • 163
  • 164
  • 165
  • 166
  • 167
  • 168
  • 169
  • 170
  • 171
  • 172
  • 173
  • 174
  • 175
  • 176
  • 177
  • 178
  • 179
  • 180
  • 181
  • 182
  • 183
  • 184

Thomas J. Seifert
The following table summarizes the value of the payouts to Mr. Seifert pursuant to the Symantec Executive
Retention Plan and the Symantec Executive Severance Plan, assuming a qualifying termination as of April 1,
2016:
Severance
Pay RSU Vesting
PRU
Vesting
Involuntary Termination Because of Market Conditions or
Division Performance ............................ $1,279,200 — $1,807,126
Termination Without Cause or Constructive Termination
Within 12 Months of a Change of Control ............ $1,440,000 $2,665,253 $3,408,759
Termination Without Cause ......................... $1,279,200 — $1,807,126
Termination Due to Death or Disability ................ $1,807,126
Balaji Yelamanchili
The following table summarizes the value of the payouts to Mr. Yelamanchili pursuant to the Symantec
Executive Retention Plan and the Symantec Executive Severance Plan, assuming a qualifying termination as of
April 1, 2016:
Severance
Pay RSU Vesting
PRU
Vesting
Involuntary Termination Because of Market Conditions or
Division Performance ............................ $1,375,450 $ 596,944
Termination Without Cause or Constructive Termination
Within 12 Months of a Change of Control ............ $1,575,000 $2,994,828 $1,790,851
Termination Without Cause ......................... $1,375,450 $ 596,944
Termination Due to Death or Disability ................ $ 596,944
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 April 1,
2016:
Severance
Pay RSU Vesting
PRU
Vesting
Involuntary Termination Because of Market Conditions or
Division Performance ............................ $ 931,018 — $1,071,554
Termination Without Cause or Constructive Termination
Within 12 Months of a Change of Control ............ $1,020,000 $2,205,352 $2,084,030
Termination Without Cause ......................... $ 931,018 — $1,071,554
Termination Due to Death or Disability ................ $1,071,554
Francis C. Rosch
The following table summarizes the value of the payouts to Mr. Rosch pursuant to the Symantec Executive
Retention Plan and the Symantec Executive Severance Plan, assuming a qualifying termination as of April 1,
2016:
Severance
Pay RSU Vesting
PRU
Vesting
Involuntary Termination Because of Market Conditions or
Division Performance .............................. $846,836 — $1,310,332
Termination Without Cause or Constructive Termination
Within 12 Months of a Change of Control .............. $945,000 $3,136,217 $2,800,382
Termination Without Cause ........................... $846,836 — $1,310,332
Termination Due to Death or Disability .................. $1,310,332
68