Symantec 2013 Annual Report Download - page 92

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Francis A. deSouza
The following table summarizes the value of the payouts to Mr. deSouza pursuant to the Symantec Execu-
tive 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 .... $1,575,000 $1,495,050 $4,562,715 $2,339,664
Termination Without Cause or
Termination Due to Death or
Disability ....................... — — — $1,553,828 $297,500
Change of Control ................. — — — — $446,250
Scott C. Taylor
The following table summarizes the value of the payouts to Mr. Taylor 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 ..................... $439,200 — — —
Termination Without Cause or
Constructive Termination Within 12
Months of a Change of Control ...... $693,000 $1,616,230 $1,283,360 $1,358,634
Termination Without Cause or
Termination Due to Death or
Disability ........................ — $ 878,534 $245,000
Change of Control ................... — — — $367,500
Former Officers:
Enrique Salem
The following table summarizes the value of payouts to Mr. Salem in accordance with an employment
agreement, dated September 23, 2009, between Mr. Salem and Symantec, in connection with Mr. Salem’s resig-
nation for good reason (i.e., material reduction in responsibilities, position or salary) or is terminated without
cause (as defined in the agreement). He received a severance payment equal to 3.375 times his annual base sal-
ary, reimbursement of COBRA premiums for up to twelve months and the vesting of his outstanding stock
options, RSUs and PRUs will be accelerated by one year.
Severance
Pay
COBRA
Premiums
Option
Vesting RSU Vesting
PRU
Vesting
Acceleration
of LTIPs
Involuntary Termination ............. $2,700,000 $21,503 $2,676,172 $1,491,608 $851,975 $3,344,444
82