Autodesk 2011 Annual Report Download - page 60

(b) As noted above, for the period from June 11, 2009 through June 10, 2010, all of our non-employee directors,
except Ms. McDowell, Ms. Nelson and Mr. West, elected to convert 100 percent of the cash portion of their
annual fees to restricted stock; Ms. McDowell, Ms. Nelson and Mr. West elected to receive 50 percent of
their annual fees in cash. For the period from June 11, 2010 through June 10, 2011, all of our non-employee
directors, except Mr. Robel, Ms. McDowell and Mr. West, elected to convert 100 percent of the cash portion
of their annual fees to restricted stock; Ms. McDowell and Mr. West elected to receive 50 percent of their
annual fees in cash; Mr. Robel elected to receive 40 percent of his annual fees in cash. Accordingly, the
amounts above reflect actual fees earned in cash by Mr. Robel, Ms. Dowell and Mr. West during fiscal
2011. The following table represents director compensation as if all of the directors had 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 during fiscal 2011.
Name
Fees Earned or
Paid in Cash
($)
Stock Awards
($)
Option Awards
($)
Total
($)
Crawford W. Beveridge ..................... $70,000 $83,972 $170,088 $324,060
J. Hallam Dawson .......................... 37,500 44,977 170,088 252,565
Per-Kristian Halvorsen ...................... 42,500 50,976 170,088 263,564
Sean M. Maloney .......................... 37,500 44,977 170,088 252,565
Mary T. McDowell ......................... 32,130 38,549 448,760 519,439
Elizabeth A. Nelson ......................... 13,531 16,231 — 29,762
Charles J. Robel ............................ 50,000 59,984 170,088 280,072
Steven M. West ............................ 47,500 56,975 170,088 274,563
(c) Reflects the pro rata grant date fair value of stock awards and option awards earned by the directors during
the fiscal year. 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 2011 Annual Report on Form 10-K filed on March 18, 2011. These amounts do not correspond to
the actual value that will be realized by the Directors upon the vesting of stock awards, 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 $1.00 of cash
compensation. The following table shows the amounts and fair values of the options granted in fiscal 2011
and the total amounts and fair values of restricted stock awarded in fiscal 2011 as discussed above:
Restricted Stock Options
Name
Number of
Shares (#)
Grant Date
Fair Value of
Stock Awards
($) Grant Date
Number of
Shares (#)
Exercise
Price Per
Share ($)
Grant Date
Fair Value
of Option
Awards ($)
Crawford W. Beveridge ......... 6,131 $167,989 6/10/2010 20,000 $27.40 $170,088
J. Hallam Dawson ............. 3,284 89,982 6/10/2010 20,000 27.40 170,088
Per-Kristian Halvorsen .......... 3,722 101,983 6/10/2010 20,000 27.40 170,088
Sean M. Maloney .............. 3,284 89,982 6/10/2010 20,000 27.40 170,088
Mary T. McDowell ............ 1,642 44,991 3/26/2010 50,000 29.50 448,760
Elizabeth A. Nelson ............ — — N/A — — —
Charles J. Robel ............... 2,627 71,980 6/10/2010 20,000 27.40 170,088
Steven M. West ............... 2,080 56,992 6/10/2010 20,000 27.40 170,088
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