Autodesk 2014 Annual Report Download - page 43
Download and view the complete annual report
Please find page 43 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
37
SHUIRUPDQFHEHQFKPDUNVIRUIXQGLQJERQXVHVIRUWKH
H[HFXWLYHRIILFHUVXQGHUWKHVWRFNKROGHU-DSSURYHG
$XWRGHVN,QF([HFXWLYH,QFHQWLYH3ODQIRUILVFDO
WKH³)LVFDO(,3´
7DUJHW$ZDUG2SSRUWXQLWLHV
7KH&RPPLWWHHVHWVWKHWDUJHWDQQXDOFDVKLQFHQWLYHDZDUG
RSSRUWXQLW\IRUHDFKHOLJLEOHH[HFXWLYHRIILFHUEDVHGRQ
FRPSHWLWLYHDVVHVVPHQWVDQGRQKLVRUKHUVDODU\JUDGH
7KHVHWDUJHWRSSRUWXQLWLHVDUHH[SUHVVHGDVDSHUFHQWDJHRI
WKHH[HFXWLYHRIILFHU¶VDQQXDOL]HGEDVHVDODU\DQGUDQJH
IURPLQWKHFDVHRIWKH&(2WRLQWKHFDVHRI
WKH6HQLRU9LFH3UHVLGHQW:RUOGZLGH6DOHVDQG6HUYLFHV
ZKRLVDOVRHOLJLEOHIRUFRPPLVVLRQSD\PHQWV$Q
H[HFXWLYHRIILFHUPD\UHFHLYHDQDFWXDODZDUGWKDWH[FHHGV
RULVOHVVWKDQWKHWDUJHWDZDUGRSSRUWXQLW\GHSHQGLQJ
XSRQ$XWRGHVN¶VSHUIRUPDQFHDQGWKHLQGLYLGXDO¶V
SHUIRUPDQFHDJDLQVWJRDOV
&RUSRUDWH3HUIRUPDQFH0HDVXUHV
7KHIXQGLQJOHYHOIRUWKH)LVFDO(,3ZDVEDVHGRQ
$XWRGHVN¶VILQDQFLDOSHUIRUPDQFHIRUILVFDODV
PHDVXUHGE\UHYHQXHJURZWKDQGQRQ-*$$3RSHUDWLQJ
PDUJLQ(DFKRIWKHVHSHUIRUPDQFHPHDVXUHVZDVWREH
HTXDOO\FRQVLGHUHGWRGHWHUPLQHZKHWKHUWKHREMHFWLYHV
ZHUHPHW7KH&RPPLWWHHVHWWKHWDUJHWIXQGLQJOHYHOIRU
UHYHQXHIRUILVFDODWPLOOLRQDQGWKHWDUJHW
OHYHOIRUQRQ-*$$3RSHUDWLQJPDUJLQDW7RJHWKHU
WKHVHWDUJHWOHYHOVPDGHXSWKHWDUJHWSHUIRUPDQFHIRUWKH
)LVFDO(,3$SUH-VSHFLILHGDZDUGPDWUL[ZDVDOVR
HVWDEOLVKHGZKLFKGHWHUPLQHGWKHIXQGLQJOHYHOVIRU
SHUIRUPDQFHDERYHDQGEHORZWDUJHWRQWKHVHWZR
PHDVXUHV
,QWKHFDVHRIWKH&(2¶V)LVFDO(,3DZDUGRI
WKHIXQGLQJZDVEDVHGRQWKHIRUHJRLQJUHYHQXHJURZWK
DQGQRQ-*$$3RSHUDWLQJPDUJLQSHUIRUPDQFHPHDVXUHV
DQGWKHUHPDLQLQJRIWKHIXQGLQJZDVEDVHGRQQRQ-
*$$3HDUQLQJVSHUVKDUHUHODWLYHWRDWDUJHWRI
)RUSXUSRVHVRIWKH)LVFDO(,3³QRQ-*$$3RSHUDWLQJ
PDUJLQ´DQG³QRQ-*$$3HDUQLQJVSHUVKDUH´PHDQW
RSHUDWLQJPDUJLQDQGHDUQLQJVSHUVKDUHUHVSHFWLYHO\LQ
HDFKFDVHH[FOXGLQJFHUWDLQFRVWVDQGH[SHQVHVLQFOXGLQJ
VWRFN-EDVHGFRPSHQVDWLRQH[SHQVHDPRUWL]DWLRQRIFHUWDLQ
SXUFKDVHGLQWDQJLEOHVUHVWUXFWXULQJFKDUJHVDQGJRRGZLOO
LPSDLUPHQWFKDUJHV
7KH&RPPLWWHHGHWHUPLQHGWKDWXVLQJ
DQRQ-*$$3UDWKHUWKDQD*$$3-EDVHGIRUPXODWLRQRI
RSHUDWLQJPDUJLQZRXOGEHWWHUIRFXVWKHH[HFXWLYHRIILFHUV
RQWKHRQJRLQJRSHUDWLRQVRIWKHEXVLQHVVDQGHQFRXUDJH
WKHGHYHORSPHQWRIORQJ-WHUPJURZWKVWUDWHJLHVVXFKDV
DFTXLVLWLRQVDQGLQ-SURFHVVUHVHDUFKDQGGHYHORSPHQW
LQYHVWPHQWV
6KRUW-7HUP,QFHQWLYH$ZDUG'HFLVLRQV
)LVFDO(,3DZDUGVZHUHHDUQHGEDVHGVROHO\RQ
DWWDLQPHQWRIWKHILQDQFLDOSHUIRUPDQFHWDUJHWVGLVFXVVHG
DERYHDQGZHUHQRWVXEMHFWWRDQ\GLVFUHWLRQ$WLWV
)HEUXDU\PHHWLQJWKH&RPPLWWHHUHYLHZHG
$XWRGHVN¶VILQDQFLDOSHUIRUPDQFHIRUILVFDOZKLFK
HQGHG-DQXDU\)LVFDOUHYHQXHRI
PLOOLRQDQGQRQ-*$$3RSHUDWLQJPDUJLQRIUHVXOWHG
LQIXQGLQJIRUWKH)LVFDO(,3)LVFDO
QRQ-*$$3HDUQLQJVSHUVKDUHRIUHVXOWHGLQQR
IXQGLQJIRURIWKH&(2¶V)LVFDO(,3DZDUG
%DVHGRQWKHFRPELQHGIXQGLQJOHYHOVWKH&(2¶V)LVFDO
(,3DZDUGZDVIXQGHGDWRIWDUJHW
:KLOHWKHFRPPHQFHPHQWRIWKHEXVLQHVVPRGHOWUDQVLWLRQ
GXULQJILVFDOHIIHFWLYHO\WUDQVLWLRQHGDSRUWLRQRI
SHUSHWXDOOLFHQVHUHYHQXHWRUDWDEOHGHIHUUHGUHYHQXH
UHVXOWLQJLQDORZHUDPRXQWRIUHYHQXHDQGQRQ-*$$3
RSHUDWLQJPDUJLQDQGQRQ-*$$3(36XQGHUWKH)LVFDO
(,3WKH&RPPLWWHHGLGQRWXVHGLVFUHWLRQWRLQFUHDVH
)LVFDO(,3DZDUGV
%DVHGRQWKHVHIXQGLQJOHYHOVLQ0DUFKWKH
&RPPLWWHHDSSURYHGVKRUW-WHUPFDVKLQFHQWLYHDZDUGVIRU
WKH1DPHG([HFXWLYH2IILFHUVDVIROORZV
1DPHG([HFXWLYH2IILFHU
7DUJHW$QQXDO&DVK
,QFHQWLYH$ZDUG
2SSRUWXQLW\
7DUJHW$QQXDO&DVK,QFHQWLYH
$ZDUG2SSRUWXQLW\DVD
SHUFHQWDJHRIEDVHVDODU\
$FWXDO$QQXDO
6KRUW-7HUP&DVK
$ZDUG
$FWXDO$QQXDO6KRUW-7HUP
&DVK$ZDUGDVD
SHUFHQWDJHRIEDVHVDODU\
&DUO%DVV
0DUN-+DZNLQV
-DQ%HFNHU
6WHYH0%OXP
3DVFDO:'L)URQ]R
BBBBBBBBBBBBBBBBB
(1) 7KHDPRXQWVGLVFORVHGIRU0U %OXPGRQRWLQFOXGHFRPPLVVLRQVIRUILVFDOSDLGXQGHUKLV6DOHV&RPPLVVLRQ3ODQ6HHWKH
GLVFXVVLRQEHORZIRUGHWDLOVRQKLVIXOOVKRUW-WHUPFDVKLQFHQWLYHLQFOXGLQJVDOHVFRPPLVVLRQ-EDVHGDZDUGV
3UR[\6WDWHPHQW