Autodesk 2013 Annual Report Download - page 51

2013 Proxy Statement 43
Summary Compensation Table and
Narrative Disclosure
This narrative discussion, as well as the table and footnotes
below, summarizes our Named Executive Officers’
compensation for fiscal 2013, 2012 and 2011. The Named
Executive Officers are Carl Bass (President and Chief
Executive Officer), Mark J. Hawkins (Executive Vice
President and Chief Financial Officer), and the next three
most highly compensated individuals who were serving as
executive officers of Autodesk on January 31, 2013, the
last day of our most recent fiscal year. In addition, Amar
Hanspal (Senior Vice President, Information Modeling and
Platform) and Robert Kross (Senior Vice President,
Design, Lifecycle and Simulation) served as executive
officers during fiscal 2013 and are Named Executive
Officers for fiscal 2013. For information on our
compensation objectives, see the discussion under the
heading “Compensation Discussion and Analysis.”
Salary
Named Executive Officers are paid a cash-based salary. We
did not provide equity or other non-cash items to our
Named Executive Officers as salary compensation during
fiscal 2013, 2012 and 2011.
Bonus
This column represents payments made to our Named
Executive Officers for amounts that relate to: Autodesk and
individual performance under the Autodesk, Inc. Incentive
Performance plan; signing bonuses, as in the case of
Mr. Hawkins, who received a sign-on bonus paid in two
equal $100,000 installments, one of which was paid in
fiscal 2011; and other miscellaneous payments, such as
payments made in recognition of years of service as part of
an Autodesk company-wide program.
Stock Awards and Option Awards
Amounts shown in these columns do not reflect
compensation actually received by our Named Executive
Officers. Instead, the amounts reported represent the
aggregate grant date fair values of performance-based
restricted stock unit (“PSU”) awards, restricted stock unit
(“RSU”) awards and option awards, as determined
pursuant to FASB ASC Topic 718. 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 2013 Annual Report on Form 10-K
filed on March 18, 2013.
Equity and Non-Equity Incentive Plan
Compensation
Non-equity incentive plan compensation represents
amounts earned for services performed during the relevant
fiscal year pursuant to our short-term cash incentive plan
(EIP) for all executive officers shown. Amounts earned
under our short-term cash incentive plan are paid in cash
unless a participant elects to defer a portion of the earned
amount as RSUs. (See note (f) below and “Compensation
Discussion and Analysis” above for more information on
these deferrals.) The amounts shown in the Non-Equity
Incentive Plan Compensation column below reflect the
total cash amounts awarded. The amounts shown in the
Equity Incentive Deferral Plan Compensation column
reflect the grant date fair value of RSUs granted in lieu of
cash due to the participant’s decision to defer into RSUs a
portion of the total short-term cash incentive plan (EIP)
amount awarded. Cash amounts awarded under the EIP are
payable in the first quarter of the following fiscal year.
All Other Compensation
This column represents all other compensation for the
relevant fiscal year not reported in the previous columns,
such as payment of relocation and temporary housing
expenses, reimbursement of certain tax expenses,
Autodesk’s matching contributions to pre-tax savings
plans, insurance premiums, personal gifts and related tax
gross ups. Generally, unless the items included in this
category exceed the greater of $25,000 or 10% of the total
amount of perquisites received by such Named Executive
Officer, each individual perquisite is not separately
identified and quantified.
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