Electronic Arts 2016 Annual Report Download - page 49

Proxy Statement
FISCAL 2016 GRANTS OF PLAN-BASED AWARDS TABLE
The following table shows information regarding non-equity incentive and equity plan-based awards granted to
our NEOs during fiscal 2016.
Name
Grant
Date
Approval
Date(1)
Estimated Future
Payouts Under
Non- Equity
Incentive Plan
Awards(2)
Estimated Future
Payouts Under
Equity Incentive
Plan Awards(3)
All Other
Stock
Awards:
Number of
Shares of
Stock or
Units
(#)(4)
Grant
Date
Fair
Value of
Stock
Awards
($)(5)
Target
($)
Maximum
($)
Target
(#)
Maximum
(#)
Andrew Wilson ...............................
Annual Bonus Opportunity — — 1,475,000 2,950,000 — — — —
PRSUs 6/16/2015 5/19/2015 — — 95,450 190,900 — 7,617,865
RSUs 6/16/2015 5/19/2015 — — — — 95,450(6) 5,999,987
Blake Jorgensen ..............................
Annual Bonus Opportunity — — 729,167 1,458,334 — — — —
PRSUs 6/16/2015 5/19/2015 — — 47,725 95,450 — 3,808,932
RSUs 6/16/2015 5/19/2015 — — — — 47,725(6) 2,999,994
Patrick Söderlund .............................
Annual Bonus Opportunity — — 588,702 1,766,106 — — — —
PRSUs 6/16/2015 5/19/2015 — — 63,633 127,266 — 5,078,550
RSUs 6/16/2015 5/19/2015 — — — — 63,633(6) 3,999,970
Peter Moore .................................
Annual Bonus Opportunity — — 686,750 1,373,500 — — — —
PRSUs 6/16/2015 5/19/2015 — — 27,839 55,678 — 2,221,831
RSUs 6/16/2015 5/19/2015 — — — — 27,839(6) 1,749,960
Kenneth Moss ................................
Annual Bonus Opportunity — — 436,563 873,126 — — — —
PRSUs 6/16/2015 5/19/2015 — — 27,839 55,678 — 2,221,831
RSUs 6/16/2015 5/19/2015 — — — — 27,839(6) 1,749,960
(1) Each grant was approved on the approval date indicated above by our Compensation Committee or the Board of Directors, where
applicable, for grant on the specific grant date indicated above.
(2) The amounts shown represent the target and maximum amount of cash bonus plan awards provided for under the Executive Bonus Plan
for all NEOs other than Mr. Söderlund who participates in the EA Bonus Plan. The target amounts are pre-established as a percentage of
salary and the maximum amounts represent the greatest payout that could be made under the Executive Bonus Plan or the EA Bonus Plan,
as applicable. For Mr. Söderlund, the cash bonus amounts were converted to U.S. dollars derived from an average of the Swedish krona to
U.S. dollar exchange rates on the last day of each month during fiscal 2016. For more information regarding the bonuses paid to our NEOs
in fiscal 2016 and an explanation of the amount of salary and bonus in proportion to total compensation, see the sections titled “Our
NEOs’ Fiscal 2016 Compensation” and “Our Elements of Pay” in the “Compensation Discussion and Analysis” above.
(3) Represents awards of PRSUs granted under our EIP. The PRSUs granted to our NEOs in fiscal 2016 are referred to as “Market-Based
Restricted Stock Units” in Note 15 “Stock-Based Compensation and Employee Benefit Plans,” to the Consolidated Financial Statements
in our Annual Report. The PRSUs vest over a full three year period. The number of PRSUs that vest is adjusted based on EA’s Relative
NASDAQ-100 TSR Percentile measured over 12-month, 24-month cumulative and 36-month cumulative periods. For additional
information regarding the specific terms of the PRSUs granted to our NEOs in June 2015, see the discussion of “PRSUs” in the
“Compensation Discussion and Analysis” above. Upon vesting, each PRSU automatically converts into one share of EA common stock,
and does not have an exercise price or expiration date. The PRSUs are not entitled to receive dividends, if any, paid by EA on its common
stock.
(4) Represents awards of RSUs granted under our EIP. Upon vesting, each RSU automatically converts into one share of EA common stock.
RSUs are granted for no consideration and do not expire. The RSUs do not have voting rights and are not entitled to receive dividends, if
any, paid by EA on its common stock.
(5) For grants of RSUs, represents the aggregate grant date fair value of RSUs calculated using the closing price of our common stock on the
date of grant. For grants of PRSUs, represents the aggregate grant date fair value of the award. For a more detailed discussion of the
valuation methodology and assumptions used to calculate fair value, see Note 15 “Stock-Based Compensation and Employee Benefit
Plans,” of the Consolidated Financial Statements in our Annual Report.
(6) RSUs vested as to one-third of the units on May 16, 2016 and will vest as to one-third of the units on each of May 16, 2017, and May 16,
2018.
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