Autodesk 2010 Annual Report Download - page 59

Download and view the complete annual report

Please find page 59 of the 2010 Autodesk 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 204

  • 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
  • 175
  • 176
  • 177
  • 178
  • 179
  • 180
  • 181
  • 182
  • 183
  • 184
  • 185
  • 186
  • 187
  • 188
  • 189
  • 190
  • 191
  • 192
  • 193
  • 194
  • 195
  • 196
  • 197
  • 198
  • 199
  • 200
  • 201
  • 202
  • 203
  • 204

(c) Awards granted on March 12, 2009 relate to the Premium RSU awards granted under the Equity Incentive
Deferral Plan for fiscal year 2009. These awards vest on the third anniversary of the grant date.
(d) Awards granted on December 10, 2009 fully vest on the second anniversary of the grant date.
(e) Awards granted to Mr. Hawkins on April 27, 2009 relate to his new hire grants, which fully vest on the third
anniversary of the grant date.
(f) Market value of restricted stock units that have not vested is computed by multiplying (i) $23.79, the closing
price on the NASDAQ Global Select Market of Autodesk common stock on January 29, 2010, the last
business day of fiscal 2010, by (ii) the number of shares of stock underlying restricted stock unit awards.
Option Exercises and Stock Vested at Fiscal 2010 Year End
The following table presents certain information concerning the vesting of stock awards by each of the
Named Executive Officers during the fiscal year ended January 31, 2010. No options were exercised by our
Named Executive Officers during the fiscal year ended January 31, 2010.
Name
Stock Awards
Number of
Shares Acquired
on Vesting
(#)
Value Realized
on Vesting
($) (a)
Carl Bass ......................................................... $ —
Mark J. Hawkins ................................................... —
George M. Bado .................................................... 2,943 37,494
Jay Bhatt .......................................................... 6,868 87,498
Robert L. Kross .................................................... 4,807 61,241
(a) Reflects the number of shares acquired on vesting multiplied by the closing market price of our common
stock as reported on the NASDAQ Global Select Market on the vesting date.
Nonqualified Deferred Compensation for Fiscal 2010
Under our Nonqualified Deferred Compensation Plan, certain United States-based officers (including
Named Executive Officers) may defer compensation earned as salary, commissions or awards under the EIP.
Deferral elections are made by eligible executive officers each year during an “open enrollment” period for
amounts to be earned in the following year. The Company does not make any contribution for executive officers
under the Nonqualified Deferred Compensation Plan. In fiscal 2010, we adopted our Equity Incentive Deferral
Plan, which permits certain executive officers to defer up to 50 percent of their EIP award. The Equity Incentive
Deferral Plan is available for deferral of awards paid during or after fiscal 2010.
The following table presents information regarding non-qualified deferred compensation activity for each
listed officer during the fiscal year ended January 31, 2010.
Name
Executive
Contributions
in Last Fiscal
Year
($) (a)
Aggregate
Earnings/
(Losses) in
Last Fiscal
Year
($) (b)
Aggregate
Balance at
Last Fiscal
Year End
($)
Carl Bass .................................................... $ $ — $ —
Mark J. Hawkins .............................................. 30,985 1,424 32,409
George M. Bado ............................................... 40,672 134,020 727,574
Jay Bhatt ..................................................... 85,722 108,823 489,284
Robert L. Kross ............................................... —
(a) Contributions in this column for Mr. Hawkins include $30,985, which is reported as fiscal year 2010 salary
in the Summary Compensation Table. Contributions in this column for Mr. Bado include $36,672, which is
51