Symantec 2014 Annual Report Download - page 70
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Please find page 70 of the 2014 Symantec 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.Michael A. Brown
The following table summarizes the value of the payouts to Mr. Brown pursuant to the Symantec Executive
Retention Plan and the Symantec Executive Severance Plan, assuming a qualifying termination as of March 28,
2014 (intrinsic values of equity awards are based upon the closing price for a share of our common stock of
$19.79 on March 28, 2014):
Severance
Pay
COBRA
Premiums
Option
Vesting RSU Vesting
PRU
Vesting
Involuntary Termination Because of Market
Conditions or Division Performance ......... $1,219,200 — — — —
Termination Without Cause or Constructive
Termination Within 12 Months of a Change of
Control ................................. $1,200,000 — — —` —
Thomas J. Seifert
The following table summarizes the value of the payouts to Mr. Seifert pursuant to the Symantec Executive
Retention Plan and the Symantec Executive Severance Plan, assuming a qualifying termination as of March 28,
2014 (intrinsic values of equity awards are based upon the closing price for a share of our common stock of
$19.79 on March 28, 2014):
Severance
Pay
COBRA
Premiums
Option
Vesting
RSU
Vesting
PRU
Vesting
Involuntary Termination Because of Market
Conditions or Division Performance .............. $739,200 — — — —
Termination Without Cause or Constructive
Termination Within 12 Months of a Change of
Control ...................................... $720,000 — — — —
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 28,
2014 (intrinsic values of equity awards are based upon the closing price for a share of our common stock of
$19.79 on March 28, 2014):
Severance
Pay
COBRA
Premiums
Option
Vesting RSU Vesting
PRU
Vesting
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 — — $1,731,704 $1,427,868
Termination Without Cause or Termination
Due to Death or Disability ............. — — — — $ 475,950
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