Autodesk 2009 Annual Report Download - page 62

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(b) Reflects the portion of director’s fees earned that, upon prior election as discussed above, may be paid in
cash. Except as noted below, all but two of our non-employee directors elected to convert 100 percent of the
cash portion of their annual fees to restricted stock at a rate of $1.20 worth of stock for each $1.00 of cash
compensation; the other two directors elected to receive 50 percent of their annual fees in cash. See footnote
(c) for the grant date fair value of the restricted stock that they received as a result of such election.
Accordingly these amounts do not necessarily reflect cash amounts paid to directors.
(c) Reflects the stock-based compensation expense recognized during the fiscal year for financial statement
reporting purposes in accordance with FAS 123(R), disregarding an estimate of forfeitures related to
service-based vesting conditions. The assumptions used in the valuation of these awards are set forth in
Note 1, “Business and Summary of Significant Accounting Policies” in the Notes to Consolidated Financial
Statements in our fiscal year 2009 Annual Report on Form 10-K filed on March 20, 2009. These amounts do
not correspond to the actual value that will be realized by the Directors upon the vesting of restricted stock
units, the exercise of stock options, or the sale of the common stock underlying such awards.
As outlined in footnote (b) above, the following restricted stock grants reflect the portion of director’s fees
earned that were settled in restricted stock at a rate of $1.20 worth of stock for each $1.00 of cash compensation.
The following table shows the amounts and fair values of the options granted in fiscal 2009 and the total amounts
and fair values of restricted stock awarded in fiscal 2009, as discussed above:
Restricted Stock Options
Name
Number of
Shares (#)
Grant Date
Fair Value
of Stock
Awards ($) Grant Date
Number of
Shares (#)
Exercise
Price Per
Share ($)
Grant Date
Fair Value
of Option
Awards ($)
Mark A. Bertelsen ................... 2,363 $ 89,959 6/12/2008 20,000 $38.08 $213,142
Crawford W. Beveridge ............... 3,781 143,943 6/12/2008 20,000 38.08 213,142
J. Hallam Dawson ................... 2,363 89,959 6/12/2008 20,000 38.08 213,142
Michael J. Fister .................... —
Per-Kristian Halvorsen ............... 2,678 101,951 6/12/2008 20,000 38.08 213,142
Sean M. Maloney .................... 2,363 89,959 6/12/2008 20,000 38.08 213,142
Elizabeth A. Nelson .................. 2,363 89,959 6/12/2008 20,000 38.08 213,142
Charles J. Robel ..................... 3,151 119,959 6/12/2008 20,000 38.08 213,142
Larry W. Wangberg .................. —
Steven M. West ..................... 1,418 53,983 6/12/2008 20,000 38.08 213,142
The aggregate number of each director’s stock options outstanding at January 31, 2009 is disclosed in the
table below:
Name
Option
Awards
Outstanding (#)
Mark A. Bertelsen .............................................. 160,000
Crawford W. Beveridge .......................................... 130,000
J. Hallam Dawson .............................................. 240,000
Michael J. Fister ................................................ —
Per-Kristian Halvorsen .......................................... 100,000
Sean M. Maloney ............................................... 70,000
Elizabeth A. Nelson ............................................. 70,000
Charles J. Robel ................................................ 70,000
Larry W. Wangberg ............................................. 180,000
Steven M. West ................................................ 70,000
48