Autodesk 2010 Annual Report Download - page 56

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The following table presents information concerning grants of plan-based awards to each of the Named
Executive Officers during the fiscal year ended January 31, 2010:
Estimated Future Payouts Under Non-Equity
Incentive Plan Awards (a), (b)
Name Grant Date Threshold ($) Target ($) Maximum ($)
All Other
Stock
Awards:
Number
of Shares
of Stock
(#) (e)
All Other
Option
Awards:
Number of
Securities
Underlying
Options
(#)
Exercise or
Base Price of
Option
Awards ($/Sh)
Grant Date
Fair Value
of Stock
Awards
and Option
Awards
($) (c)
Carl Bass ..........12/10/2009 $— $ $ 24,000 $ — $ 562,560
2/2/2009 — 525,000 16.53 3,695,475
900,000 1,710,000
Mark J. Hawkins(d) . . 12/10/2009 6,500 152,360
4/27/2009 25,000 150,000 19.01 1,697,315
301,803 573,425 —
George M. Bado .....12/10/2009 — 6,500 152,360
2/2/2009 — 100,000 16.53 703,900
420,000 N/A —
Jay Bhatt ...........12/10/2009 — 6,500 152,360
6/11/2009 — 25,000 22.40 230,238
2/2/2009 — 75,000 16.53 527,925
210,000 399,000 —
Robert L. Kross .....12/10/2009 — 6,500 152,360
2/2/2009 — 75,000 16.53 527,925
216,000 410,400 —
(a) Reflects target and maximum dollar amounts payable under the EIP for performance during fiscal 2010, as
described in “Compensation Discussion and Analysis—Elements of Executive Compensation Programs.”
“Threshold” refers to the minimum amount payable for a certain level of performance; “Target” refers to the
amount payable if specified performance targets are reached; and “Maximum” refers to the maximum
payout possible. Mr. Bado’s amount in the “Target” column includes a fiscal 2010 target EIP award of
$80,000 and target commissions of $340,000. Mr. Bado’s maximum EIP award is $152,000, or 190 percent
of his target award. Commissions do not have a preset maximum limit.
(b) Under the terms of our Equity Incentive Deferral Plan, participants have the ability to defer a portion (up to
50 percent) of their EIP award as restricted stock units. The number of shares of stock underlying restricted
stock units granted for the deferred portion of the participant’s EIP award (“Base RSUs”) is determined by
dividing the amount of cash bonus deferred by the closing price of our common shares on the grant date.
These Base RSUs are fully vested upon grant. In addition, participants who have elected to defer a portion
of their EIP award as restricted stock units receive an additional grant of restricted stock units (“Premium
RSUs”) at a rate of one share of Premium RSUs for each three shares of Base RSUs granted. These
Premium RSUs fully vest on the third anniversary of the grant date. The actual amounts awarded under our
EIP for fiscal 2010 were determined by the Compensation Committee and approved by Autodesk’s Board of
Directors on March 26, 2010, and are reflected in the “Equity Incentive Plan Compensation” column of the
“Summary Compensation Table and Narrative Disclosure” above for the amount awarded in restricted stock
units and “Non-Equity Incentive Plan Compensation” column of the “Summary Compensation Table and
Narrative Disclosure” above for the amount awarded in cash. The table below reflects each Named
Executive Officer’s decision to defer a portion of their EIP award under our Equity Incentive Deferral Plan
and the resulting grants of restricted stock units. The stock awards shown below reflect a closing Common
Stock price of $29.50 on March 26, 2010, the date of grant.
Cash
($)
Base RSUs
(#)
Grant Date
Fair Value of
Base RSUs
($)
Premium RSUs
(#)
Grant Date Fair
Value of
Premium RSUs
($)
Percent
Deferred
Carl Bass ...................... $810,000 $ $ — 0%
Mark J. Hawkins ................ 350,000 — 0%
George M. Bado ................ 25,000 847 24,987 282 8,319 50%
Jay Bhatt ...................... 150,000 5,084 149,978 1,694 49,973 50%
Robert L. Kross ................. 200,000 — 0%
48