Autodesk 2005 Annual Report Download - page 77

1998 Employee Qualified Stock Purchase Plan
Under Autodesk’s employee qualified stock purchase plan, which was approved by stockholders in 1998,
eligible employees may purchase shares of Autodesk’s common stock at their discretion using up to 15% of their
compensation subject to certain limitations, at not less than 85% of fair market value as defined in the plan
agreement. At January 31, 2005, a total of 10.9 million shares were available for future issuance. This amount will
automatically be increased on the first trading day of each fiscal year by an amount equal to the lesser of 10.0
million shares or 2.0% of the total of (1) outstanding shares plus (2) any shares repurchased by Autodesk during
the prior fiscal year. Autodesk issued 4.6 million shares at an average price of $5.73 per share in fiscal 2005, 4.2
million shares at an average price of $5.48 per share in fiscal 2004, and 4.0 million shares at an average price
of $5.77 in fiscal 2003. The provisions of this plan expire during 2018.
Equity Compensation Plan Information
The following table summarizes the number of outstanding options granted to employees and directors,
as well as the number of securities remaining available for future issuance under these plans as of January 31,
2005 (number of securities in thousands).
(a) (b) (c)
Plan category
Number of securities
to be issued upon
exercise of
outstanding options,
warrants and rights
Weighted-average
exercise price of
outstanding options,
warrants and rights
Number of securities
remaining available
for future issuance
under equity
compensation plans
(excluding securities
reflected in column (a))
Equity compensation plans approved by
security holders (1) ................... 30,394 $11.53 20,341 (2)
Equity compensation plans not
approved by security holders (3) ...... 6,012 $9.37 —
Total .................................... 36,406 $11.17 20,341
(1) Included in these amounts are 0.1 million securities available to be issued upon exercise of outstanding
options with a weighted-average exercise price of $7.73 related to equity compensation plans assumed in
connection with previous business mergers and acquisitions.
(2) This amount reflects the reduction ofshares available for future issuance approved by the Board of Directors
in March 2005 and 10.9 million securities available for future issuance under Autodesk’s 1998 Employee
Qualified Stock Purchase Plan.
(3) Amounts correspond to Autodesk’s Nonstatutory Stock Option Plan, which was terminated by the Board
of Directors in December 2004.
Pretax Savings Plan
Autodesk has a 401(k) plan that covers nearly all U.S. employees. Eligible employees may contribute up to
50% of their pretax salary, subject to limitations mandated by the Internal Revenue Service; in fiscal 2004 and
2003 employees were limited to contributions up to 20% of their pretax salary. Autodesk makes voluntary cash
contributions and matches a portion of employee contributions in cash. Autodesk’s contributions were $6.0
million in fiscal 2005, $6.2 million in fiscal 2004 and $6.3 million in fiscal 2003. Autodesk does not allow
participants to invest in Autodesk common stock through the 401(k) plan.
AUTODESK, INC.
NOTES TO CONSOLIDATED FINANCIAL STATEMENTS (Continued)
Note 7. Employee and Director Benefit Plans (Continued)
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