Autodesk 2014 Annual Report Download - page 25
Download and view the complete annual report
Please find page 25 of the 2014 Autodesk 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.Proxy Materials
3UR[\6WDWHPHQW19
FDVKIORZSHUVKDUHDQGYVDOHVRUUHYHQXHWDUJHWV
LQFOXGLQJSURGXFWRUSURGXFWIDPLO\WDUJHWV7KHPHDVXUHV
EHLQJDGGHGLQWKHDPHQGPHQWDQGUHVWDWHPHQWRIWKH(,3
DUHLWHPVOWKURXJKY:HDGGHGLWHPVOWKURXJKY
LQSDUWDVDFRQVHTXHQFHRIVLJQLILFDQWFKDQJHVWR
$XWRGHVNVEXVLQHVVPRGHO$SSURYDORIWKH(,3ZLOO
FRQVWLWXWHDSSURYDORIWKHXVHRIDQ\RIWKHDERYH
SHUIRUPDQFHJRDOPHDVXUHVIRUSXUSRVHVRI6HFWLRQ
P
7KHSHUIRUPDQFHFULWHULDPD\EHEDVHGRQDEVROXWHWDUJHW
QXPEHUVRUJURZWKLQRQHRUPRUHFDWHJRULHVFRPSDUHGWR
DSULRUSHULRGDQGPD\GLIIHUIRUHDFKSDUWLFLSDQW7KH
ILQDQFLDOPHDVXUHVWKDWFRQVWLWXWHSHUIRUPDQFHFULWHULD
PD\DWWKHGLVFUHWLRQRIWKH&RPSHQVDWLRQDQG+XPDQ
5HVRXUFHV&RPPLWWHHEHEDVHGRQSUR-IRUPDQXPEHUV
H[FOXGLQJH[WUDRUGLQDU\RURQH-WLPHH[SHQVHVRUFUHGLWV
VXFKDVUHVWUXFWXULQJH[SHQVHVH[WUDRUGLQDU\WD[HYHQWV
VWRFNRSWLRQH[SHQVLQJRUWKHOLNH
7KHSHUIRUPDQFHPHDVXUHVPD\DOVRDVWKH&RPSHQVDWLRQ
DQG+XPDQ5HVRXUFHV&RPPLWWHHVSHFLILHVHLWKHULQFOXGH
RUH[FOXGHWKHHIIHFWRISD\PHQWRIWKHERQXVHVXQGHUWKH
(,3RUDQ\RWKHUERQXVSODQRI$XWRGHVN3HUIRUPDQFH
FULWHULDPD\DSSO\WR$XWRGHVNRUWRRQHRIRXUEXVLQHVV
XQLWV$Q\RWKHUSHUIRUPDQFHREMHFWLYHVPXVWUHODWHWRD
JRDOWKDWLVREMHFWLYHO\GHWHUPLQDEOHZLWKLQWKHPHDQLQJRI
6HFWLRQ P
2XU&RPSHQVDWLRQDQG+XPDQ5HVRXUFHV&RPPLWWHHPD\
SURYLGHWKDWDWWDLQPHQWRIDSHUIRUPDQFHJRDOZLOOEH
PHDVXUHGE\DGMXVWLQJWKHHYDOXDWLRQRISHUIRUPDQFHJRDO
SHUIRUPDQFHWRH[FOXGHD DQ\H[WUDRUGLQDU\QRQ-
UHFXUULQJLWHPVDVGHVFULEHGLQ)LQDQFLDO$FFRXQWLQJ
6WDQGDUGV%RDUG³)$6%´$FFRXQWLQJ6WDQGDUGV
&RGLILFDWLRQ³$6&´6XEWRSLF,QFRPH6WDWHPHQW
—([WUDRUGLQDU\DQG8QXVXDO,WHPVRUDQ\VXFFHVVRU
WKHUHWRDQGRULQPDQDJHPHQW¶VGLVFXVVLRQDQGDQDO\VLVRI
ILQDQFLDOFRQGLWLRQVDQGUHVXOWVRIRSHUDWLRQVDSSHDULQJLQ
RXUDQQXDOUHSRUWWRVWRFNKROGHUVIRUWKHDSSOLFDEOH\HDURU
E WKHHIIHFWRIDQ\FKDQJHVLQDFFRXQWLQJSULQFLSOHV
DIIHFWLQJ$XWRGHVN¶VRUDEXVLQHVVXQLW¶VUHSRUWHGUHVXOWV
7DUJHW$ZDUG'HWHUPLQDWLRQ
7KH&RPSHQVDWLRQDQG
+XPDQ5HVRXUFHV&RPPLWWHHHVWDEOLVKHVWKHWDUJHWDZDUG
DQGSD\RXWIRUPXODIRUHDFKSDUWLFLSDQW(DFKWDUJHWDZDUG
DQGSD\RXWIRUPXODPXVWEHVHWIRUWKLQZULWLQJ
3D\RXW'HWHUPLQDWLRQDQG&HUWLILFDWLRQ
3ULRUWR
WKHSD\PHQWRIDQ\DZDUGWKH&RPSHQVDWLRQDQG+XPDQ
5HVRXUFHV&RPPLWWHHPXVWFHUWLI\LQZULWLQJWKHH[WHQWWR
ZKLFKWKHSHUIRUPDQFHJRDOVDSSOLFDEOHWRHDFKSDUWLFLSDQW
IRUWKHDSSOLFDEOHSHUIRUPDQFHSHULRGZHUHDFKLHYHGRU
H[FHHGHG7KHDZDUGIRUHDFKSDUWLFLSDQWZLOOEH
GHWHUPLQHGE\DSSO\LQJWKHSD\RXWIRUPXODWRWKHOHYHORI
DFWXDOSHUIRUPDQFHWKDWKDVEHHQFHUWLILHGE\WKH
&RPSHQVDWLRQDQG+XPDQ5HVRXUFHV&RPPLWWHHDOWKRXJK
WKHFRPPLWWHHUHWDLQVWKHGLVFUHWLRQWRUHGXFHRUHOLPLQDWH
DQ\DZDUGWKDWZRXOGRWKHUZLVHEHSD\DEOHSXUVXDQWWRWKH
(,3
3D\PHQWRI$ZDUGV
$OODZDUGVZLOOEHSDLGLQFDVK
VROHO\IURPRXUJHQHUDODVVHWVDVVRRQDVLVSUDFWLFDEOH
IROORZLQJGHWHUPLQDWLRQRIWKHDZDUGEXWLQQRHYHQWODWHU
WKDQòPRQWKVDIWHUWKHHQGRIWKHDSSOLFDEOH
SHUIRUPDQFHSHULRGXQOHVVWKH&RPSHQVDWLRQDQG+XPDQ
5HVRXUFHV&RPPLWWHHFKRRVHVWRGHIHUWKHSD\PHQWRI
DZDUGVDVLWGHWHUPLQHVLQLWVGLVFUHWLRQLVQHFHVVDU\RU
GHVLUDEOHWRSUHVHUYHWKHGHGXFWLELOLW\RIDZDUGVXQGHU
6HFWLRQ P7KH&RPSHQVDWLRQDQG+XPDQ5HVRXUFHV
&RPPLWWHHPD\DOVRSHUPLWSDUWLFLSDQWGHIHUUDOVLQLWVVROH
GLVFUHWLRQ
0D[LPXP$ZDUG
7KHPD[LPXPERQXVSD\PHQWWKDW
DQ\SDUWLFLSDQWPD\UHFHLYHXQGHUWKH(,3LQDQ\RIRXU
ILVFDO\HDUVLV
1RQ-3HUIRUPDQFH-%DVHG&RPSHQVDWLRQ%RQXVHV
7KH&RPSHQVDWLRQDQG+XPDQ5HVRXUFHV&RPPLWWHHPD\
GHWHUPLQHWRSD\FDVKERQXVHVXQGHUWKH(,3WKDWDUHQRW
LQWHQGHGWRFRQVWLWXWH³SHUIRUPDQFH-EDVHGFRPSHQVDWLRQ´
ZLWKLQWKHPHDQLQJRI6HFWLRQ PDQGZKLFKVKDOOEH
SD\DEOHSXUVXDQWWRVXFKWHUPVDQGFRQGLWLRQVDVWKH
&RPSHQVDWLRQDQG+XPDQ5HVRXUFHV&RPPLWWHHPD\
GHWHUPLQHLQLWVVROHGLVFUHWLRQSURYLGHGKRZHYHUWKDWLQ
QRHYHQWVKDOOSD\PHQWRIDERQXVXQGHUWKH(,3WKDWLVQRW
LQWHQGHGWREH³SHUIRUPDQFH-EDVHGFRPSHQVDWLRQ´EH
FRQWLQJHQWXSRQIDLOXUHWRDFKLHYHWKHSHUIRUPDQFHJRDOV
XQGHUDQRWKHUZLVHSHUIRUPDQFH-EDVHGDUUDQJHPHQWLQ
DFFRUGDQFHZLWKWKHUHJXODWLRQVXQGHU6HFWLRQ P
7HUPRI3ODQ
7KH(,3ZLOOFRQWLQXHXQWLOWHUPLQDWHGE\
WKH&RPSHQVDWLRQDQG+XPDQ5HVRXUFHV&RPPLWWHH
$PHQGPHQWDQG7HUPLQDWLRQ
7KH&RPSHQVDWLRQDQG
+XPDQ5HVRXUFHV&RPPLWWHHPD\DPHQGPRGLI\
VXVSHQGRUWHUPLQDWHWKH(,3LQZKROHRULQSDUWDWDQ\
WLPHLQFOXGLQJWKHDGRSWLRQRIDPHQGPHQWVGHHPHG
QHFHVVDU\RUGHVLUDEOHWRFRUUHFWDQ\GHIHFWRUVXSSO\
RPLWWHGGDWDRUWRUHFRQFLOHDQ\LQFRQVLVWHQF\LQWKH(,3RU
LQDQ\DZDUGJUDQWHGXQGHUWKH(,3+RZHYHUQR
DPHQGPHQWDOWHUDWLRQVXVSHQVLRQRUGLVFRQWLQXDWLRQPD\
EHPDGHZKLFKZRXOGL LPSDLUDQ\SD\PHQWVWR
SDUWLFLSDQWVPDGHSULRUWRWKHDPHQGPHQWPRGLILFDWLRQ
VXVSHQVLRQRUWHUPLQDWLRQXQOHVVWKH&RPSHQVDWLRQDQG
+XPDQ5HVRXUFHV&RPPLWWHHKDVPDGHDGHWHUPLQDWLRQ
WKDWWKHDPHQGPHQWRUPRGLILFDWLRQLVLQWKHEHVWLQWHUHVWV
RIDOOSHUVRQVWRZKRPDZDUGVKDYHWKHUHWRIRUHEHHQ
JUDQWHGDQGLQQRHYHQWPD\WKHDPHQGPHQWRU
PRGLILFDWLRQUHVXOWLQDQLQFUHDVHLQWKHDPRXQWRI
FRPSHQVDWLRQSD\DEOHSXUVXDQWWRWKHDZDUGRULL FDXVH
FRPSHQVDWLRQWKDWLVRUPD\EHFRPHSD\DEOHXQGHUWKH