Electronic Arts 2016 Annual Report Download - page 44

alternative ITP Plan. The ITP Plans are offered pursuant to the terms of a collective agreement between the
Confederation of Swedish Enterprise and the Council for Negotiation and Cooperation.
Perquisites and Other Personal Benefits
While our NEOs generally receive the same benefits that are available to our other regular, full-time employees,
they also receive certain additional benefits, including access to a Company-paid physical examination program,
and greater maximum benefit levels for life insurance, AD&D, and long-term disability coverage. We consider
these benefits to be standard components of a competitive executive compensation package. Company
reimbursed air and ground transportation generally is limited to business travel. During fiscal 2016, Mr. Moss
spent approximately half of his time working from Company headquarters in Redwood Shores, California and
the other half working from Seattle, Washington, where he resided until he relocated to California in August
2015. We reimbursed Mr. Moss for expenses associated with regular travel between his Seattle home and
Company headquarters prior to relocation and such expenses were grossed-up for taxes. These expenses and the
associated tax gross-up are reported in the “All Other Compensation” column of our “Fiscal 2016 Summary
Compensation Table” beginning on page 38 of this Proxy Statement. We ceased to reimburse these expenses
upon Mr. Moss’ relocation to California.
Relocation Assistance
We provide relocation benefits to our executive officers, including our NEOs, in order to induce job candidates to
accept job offers for certain open positions that are critical to the Company’s business needs. These benefits may
include household goods and car shipment, travel, temporary housing, car rental, storage, miscellaneous
relocation allowance, closing costs and home sale commissions, house-hunting trips, and tax protection to offset
costs incurred by our executive officers as a result of these relocations. During fiscal 2016, Mr. Moss received
relocation benefits upon his relocation to California from Washington. These benefits are reported in the “All
Other Compensation” column of our “Fiscal 2016 Summary Compensation Table” beginning on page 38 of this
Proxy Statement.
Change of Control Arrangements and Severance
Our executive officers, including our NEOs, are eligible to participate in the Electronic Arts Inc. Key Employee
Continuity Plan (the “CoC Plan”), which is a “double-trigger” change of control plan that provides our executive
officers with payments and benefits if their employment is terminated in connection with a change of control. For
more information on the CoC Plan, please refer to the information included under the heading “Potential
Payments Upon Termination or Change of Control” beginning on page 44 of this Proxy Statement.
We also maintain an ERISA-regulated severance plan (the “Severance Plan”) that applies generally to all our
U.S.-based employees. Under the Severance Plan, eligible employees may receive a cash severance payment and
premiums for continued health benefits, if such benefits are continued pursuant to COBRA. Any severance
arrangements with our NEOs, whether paid pursuant to the Severance Plan or otherwise, require the prior
approval of the Compensation Committee. In the event of a change of control of the Company, the cash
severance payment payable under the Severance Plan may be reduced, in whole or in part, by any amount paid
under the CoC Plan.
Stock Ownership Holding Requirements
We maintain stock ownership holding requirements for all of our Section 16 officers. Our Section 16 officers
who hold the title of senior vice president must maintain stock ownership equal to at least 1x their base salary.
The stock ownership multiple increases to 2x base salary for Section 16 officers who are executive vice
presidents and 5x base salary for our CEO. We test the stock ownership holding requirement on an annual basis
and any Section 16 officer not in compliance with these guidelines must hold 50% of any net after-tax shares
vesting from equity awards until the applicable requirement is met.
As of March 31, 2016, each of our executive officers, had either met his or her then-applicable stock ownership
holding requirement or had not yet reached the date on which he or she is required to meet his or her ownership
requirement, which is generally 50 months from the date of hire or appointment.
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