Symantec 2013 Annual Report Download - page 91
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The following table summarizes the value of the payouts to Mr. Bennett pursuant to his employment agree-
ment and assuming a qualifying termination as of March 29, 2013 (intrinsic values of equity awards are based
upon the closing price for a share of our common stock of $24.68 on March 29, 2013 minus the exercise price):
Severance
Pay
COBRA
Premiums RSU Vesting PRU Vesting
PCSU
Vesting
Resignation with Good Reason or
Termination Without
Cause or Termination Due to Death or
Disability ....................... $3,750,000 $22,593 $2,838,200 $1,854,291 $7,404,000
Termination Without Cause or
Constructive Termination within 12
Months of a Change .............. $5,000,000 $30,124 $2,838,200 $3,178,784 $7,404,000
James A. Beer
The following table summarizes the value of the payouts to Mr. Beer pursuant to the Symantec Executive
Retention Plan, the Symantec Executive Severance Plan, and FY12 LTIP, assuming a qualifying termination as
of March 29, 2013 (intrinsic values of equity awards are based upon the closing price for a share of our common
stock of $24.68 on March 29, 2013 minus the exercise price):
Severance
Pay
COBRA
Premiums
Option
Vesting RSU Vesting
PRU
Vesting
Acceleration
of LTIP
Involuntary Termination Because of
Market Conditions or Division
Performance .................... $ 719,200 — — — — —
Termination Without Cause or
Constructive Termination Within 12
Months of a Change of Control .... $1,400,000 — $3,283,880 $3,220,740 $2,063,248 —
Termination Without Cause or
Termination Due to Death or
Disability ....................... — — — — $1,306,904 $297,500
Change of Control ................. — — — — — $446,250
Stephen E. Gillett
The following table summarizes the value of the payouts to Mr. Gillett pursuant to the Symantec Executive
Retention Plan and the Symantec Executive Severance Plan, assuming a qualifying termination as of March 29,
2013 (intrinsic values of equity awards are based upon the closing price for a share of our common stock of
$24.68 on March 29, 2013 minus the exercise price):
Severance
Pay
COBRA
Premiums
Option
Vesting RSU Vesting
PRU
Vesting
Acceleration
of LTIP
Involuntary Termination Because of Market
Conditions or Division Performance ........ $ 894,200 — — — — —
Termination Without Cause or Constructive
Termination Within 12 Months of a Change
of Control .............................. $1,968,750 — — $1,264,332 —
Termination Without Cause or Termination
Due to Death or Disability ................ — — — — — —
Change of Control ......................... — — — — — —
81