Symantec 2015 Annual Report Download - page 69

Download and view the complete annual report

Please find page 69 of the 2015 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.

Page out of 174

  • 1
  • 2
  • 3
  • 4
  • 5
  • 6
  • 7
  • 8
  • 9
  • 10
  • 11
  • 12
  • 13
  • 14
  • 15
  • 16
  • 17
  • 18
  • 19
  • 20
  • 21
  • 22
  • 23
  • 24
  • 25
  • 26
  • 27
  • 28
  • 29
  • 30
  • 31
  • 32
  • 33
  • 34
  • 35
  • 36
  • 37
  • 38
  • 39
  • 40
  • 41
  • 42
  • 43
  • 44
  • 45
  • 46
  • 47
  • 48
  • 49
  • 50
  • 51
  • 52
  • 53
  • 54
  • 55
  • 56
  • 57
  • 58
  • 59
  • 60
  • 61
  • 62
  • 63
  • 64
  • 65
  • 66
  • 67
  • 68
  • 69
  • 70
  • 71
  • 72
  • 73
  • 74
  • 75
  • 76
  • 77
  • 78
  • 79
  • 80
  • 81
  • 82
  • 83
  • 84
  • 85
  • 86
  • 87
  • 88
  • 89
  • 90
  • 91
  • 92
  • 93
  • 94
  • 95
  • 96
  • 97
  • 98
  • 99
  • 100
  • 101
  • 102
  • 103
  • 104
  • 105
  • 106
  • 107
  • 108
  • 109
  • 110
  • 111
  • 112
  • 113
  • 114
  • 115
  • 116
  • 117
  • 118
  • 119
  • 120
  • 121
  • 122
  • 123
  • 124
  • 125
  • 126
  • 127
  • 128
  • 129
  • 130
  • 131
  • 132
  • 133
  • 134
  • 135
  • 136
  • 137
  • 138
  • 139
  • 140
  • 141
  • 142
  • 143
  • 144
  • 145
  • 146
  • 147
  • 148
  • 149
  • 150
  • 151
  • 152
  • 153
  • 154
  • 155
  • 156
  • 157
  • 158
  • 159
  • 160
  • 161
  • 162
  • 163
  • 164
  • 165
  • 166
  • 167
  • 168
  • 169
  • 170
  • 171
  • 172
  • 173
  • 174

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 April 3,
2015:
Severance
Pay
COBRA
Premiums
Option
Vesting RSU Vesting
PRU
Vesting
Involuntary Termination Because of Market
Conditions or Division Performance ...... $7,500,000 — — — $2,660,020
Termination Without Cause or Constructive
Termination Within 12 Months of a Change
of Control ........................... $5,000,000 $35,910 — $3,479,183 $7,980,059
Termination Without Cause ............... $7,500,000 $35,910 — — $2,660,020
Termination Due to Death or Disability ...... — — — $3,479,183 $2,660,020
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 April 3,
2015:
Severance
Pay
COBRA
Premiums
Option
Vesting RSU Vesting
PRU
Vesting
Involuntary Termination Because of Market
Conditions or Division Performance ...... $1,279,200 — — — $ 766,223
Termination Without Cause or Constructive
Termination Within 12 Months of a Change
of Control ........................... $1,440,000 — — $2,106,383 $2,298,692
Termination Without Cause ............... $1,279,200 — — — $ 766,223
Termination Due to Death or Disability ...... — — — — $ 766,223
Balaji Yelamanchili
The following table summarizes the value of the payouts to Mr. Yelamanchili pursuant to the Symantec
Executive Retention Plan and the Symantec Executive Severance Plan, assuming a qualifying termination as of
April 3, 2015:
Severance
Pay
COBRA
Premiums
Option
Vesting RSU Vesting
PRU
Vesting
Involuntary Termination Because of Market
Conditions or Division Performance .......... $ 981,700 — — — —
Termination Without Cause or Constructive
Termination Within 12 Months of a Change of
Control ................................. $1,575,000 — — $5,200,358 —
Termination Without Cause ................... $ 981,700 — — — —
Termination Due to Death or Disability .......... — — — — —
59