Autodesk 2012 Annual Report Download - page 52

Download and view the complete annual report

Please find page 52 of the 2012 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 160

  • 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

46
(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 RSUs that have not vested is computed by multiplying (i) $36.00, the closing price on the
NASDAQ Global Select Market of Autodesk common stock on January 31, 2012, the last trading day of
fiscal 2012, by (ii) the number of shares of stock underlying RSU awards.
(g) Awards granted on March 24, 2011 relate to the Premium RSU awards granted under the Equity Incentive
Deferral Plan for fiscal year 2011. These awards vest on the third anniversary of the grant date.
(h) Awards granted on September 21, 2011 fully vest within three years of the grant date.
Option Exercises and Stock Vested at Fiscal 2012 Year End
The following table presents certain information concerning the vesting of stock awards by each of the
Named Executive Officers during the fiscal year ended January 31, 2012.
Option Awards Stock Awards
Name
Number of
Shares Acquired
on Exercise
(#)
Value Realized
on Exercise
($) (a)
Number of
Shares Acquired
on Vesting
(#)
Value Realized
on Vesting
($) (a)
Carl Bass ........................... $ — 62,000 $2,196,720
Mark J. Hawkins ..................... 56,250 2,296,054 6,500 204,685
Steven M. Blum . . . . . . . . . . . . . . . . . . . . . 5,500 186,835
Pascal W. Di Fronzo .................. 22,498 1,010,160 14,000 489,085
Robert L. Kross . . . . . . . . . . . . . . . . . . . . . 11,092 456,376 14,000 489,085
(a) For options exercised, reflects the number of shares acquired upon exercise multiplied by the difference
between the closing market price of our common stock as reported on the NASDAQ Global Select Market
on the date of exercise and the exercise price of the underlying stock option. For RSUs vested, 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 2012
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 short-
term cash incentive plan (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 2009, we
adopted our Equity Incentive Deferral Plan, which permits certain executive officers to defer up to 50 percent of
their short-term cash incentive plan (EIP) award. The Equity Incentive Deferral Plan is available for deferral of
awards paid during or after fiscal 2009.