Autodesk 2011 Annual Report Download - page 57

Download and view the complete annual report

Please find page 57 of the 2011 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 176

  • 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

Pascal W. Di Fronzo:
Executive Benefits and Payments
Voluntary
Termination
on
1/31/2011 ($)
Involuntary
Not For
Cause or
Voluntary
for Good
Reason
(Except
Change in
Control)
Termination
on
1/31/2011 ($)
For Cause
Termination
on
1/31/2011 ($)
Involuntary
Not for
Cause or
Voluntary
For Good
Reason
(Change in
Control)
Termination
on
1/31/2011 ($)
Disability on
1/31/2011 ($)
Death on
1/31/2011 ($)
Compensation:
Base Salary (1) .............. $ — $ — $ — $ 355,000 $ — $ —
Short-Term Cash Incentive Plan
(EIP) (2) ................... 340,000 340,000 340,000 600,417 340,000 340,000
Stock options (3) ............ — — — 1,277,558 —
Benefits and perquisites:
Health Insurance (4) .......... — 17,666 —
Disability Income (5) ......... — — — 2,538,805 —
Accidental Death or
Dismemberment (6) ........ — — — 2,000,000 2,000,000
Life Insurance (7) ............ — — — 2,000,000
Accrued Vacation Pay (8) ..... — — —
Total Executive Benefits and
Payments Upon Separation ..... $340,000 $340,000 $340,000 $2,250,641 $4,878,805 $4,340,000
(1) Base Salary: For Mr. Bass, the amounts shown would be paid in accordance with his employment
agreement. For Mr. Hawkins, Mr. Bhatt and Mr. Di Fronzo, the amounts shown would be paid in
accordance with the Executive Change in Control Program effective during the 2011 fiscal year.
(2) Short-Term Cash Incentive Plan (EIP): For Mr. Bass, amounts reflect the sum of the fiscal 2011 short-term
cash incentive already earned under the short-term cash incentive plan. For Mr. Hawkins, Mr. Bhatt and
Mr. Di Fronzo, amounts in the Voluntary Termination, Involuntary Not for Cause or Voluntary for Good
Reason (Except in Change in Control) Termination, For Cause Termination, Disability and Death columns
reflect the fiscal 2011 short-term cash incentive already earned under the short-term cash incentive plan. For
Mr. Bhatt and Mr. Di Fronzo, the amounts in the Involuntary Not for Cause or Voluntary for Good Reason
(Change in Control) Termination column are the sum of the fiscal 2011 short-term cash incentive already
earned under the short-term cash incentive plan and a severance bonus equal to the average of the last three
years’ short-term cash incentives under the Executive Change in Control Program effective during the 2011
fiscal year. For Mr. Hawkins, the amount in the Involuntary Not for Cause or Voluntary for Good Reason
(Change in Control) Termination column is the sum of the fiscal 2011 short-term cash incentive already
earned under the short-term cash incentive plan and a severance bonus equal to the average of the last two
years’ bonuses under the Executive Change in Control Program effective during the 2011 fiscal year as
Mr. Hawkins did not participate in the short-term cash incentive plan prior to fiscal 2010. These amounts
are based on the cash value of the short-term cash incentive plan, regardless of the executive officers’
election to defer part of their short-term cash incentive as restricted stock units under the Equity Incentive
Deferral Plan.
(3) Stock Options: For Mr. Hawkins, Mr. Bhatt and Mr. Di Fronzo amounts shown in the Involuntary Not for
Cause or Voluntary For Good Reason (Change in Control) Termination columns reflect the value of their
outstanding stock options that would normally have vested in the twelve months following their separation
but are accelerated (i.e., vest immediately on the date of separation) in accordance with the Executive
Change in Control Program agreement effective during the 2011 fiscal year. For purposes of this table the
value of the outstanding stock options that vest is determined based upon the pro rata grant date fair value of
51