Autodesk 2015 Annual Report Download - page 65

2015 Proxy Statement 59
The following table presents information concerning grants of plan-based awards to each of the named executive officers
during fiscal 2015:
Estimated Future Payouts Under Non-
Equity Incentive Plan Awards (b)
Estimated Future Payouts Under
Equity Incentive Plan Awards (c)
All Other
Stock
Awards:
Number of
Shares of
Stock (#)(d)
Grant Date
Fair Value
of Stock
Awards ($)
(e) Name Grant
Date Threshold ($) Target ($) Maximum ($) Threshold ($)
Target
(#)
Maximum
(#)
Carl Bass 3/25/2014
—
—
—
—
—
—
60,000 2,986,800
3/25/2014
—
— — — 41,580 74,844 —2,140,538
3/25/2014
—
— — — 36,500 65,700 —1,879,020
3/25/2014
—
— — — 30,000 54,000 —1,519,800
—
1,332,500 2,531,750 — — — — —
R. Scott 11/3/2014
—
— — — — — 36,000 2,079,720
Herren
—
107,753 204,731 — — — — —
Jan 3/25/2014
—
— — — — — 15,000 746,700
Becker 3/25/2014
—
— — — 4,290 7,722 —220,849
3/25/2014
—
— — — 5,100 9,180 —258,366
—
318,750 605,625 — — — — —
Steve M. 3/25/2014
—
— — — — — 15,000 746,700
Blum 3/25/2014
—
— — — 4,125 7,425 —212,355
3/25/2014
—
— — — 5,100 9,180 —258,366
—
460,000 N/A — — — — —
Pascal W. 3/25/2014
—
— — — — — 15,000 746,700
Di Fronzo 3/25/2014
—
— — — 4,290 7,722 —220,849
3/25/2014
—
— — — 5,100 9,180 —258,366
—
345,000 655,500 — — — — —
Mark J. 3/25/2014
—
— — — — — 20,000 995,600
Hawkins (a) 3/25/2014
—
— — — 6,270 11,286 —322,780
3/25/2014
—
— — — 6,800 12,240 —344,488
—
465,000 883,500 — — — — —
________________
(a) Mr. Hawkins forfeited his fiscal 2015 EIP, RSU and PSU awards upon his resignation from the Company on July 31, 2014.
(b) Reflects target and maximum dollar amounts payable under the EIP for performance during fiscal 2015, as described in
“Compensation Discussion and Analysis—Elements of Executive Compensation Programs.” “Threshold” refers to the minimum
amount payable for a certain level of performance; “Target” refers to the amount payable if specified performance targets are
reached; and “Maximum” refers to the maximum payout possible. Mr. Herren's amounts are pro-rated for a partial year of service.
Mr. Blum’s amount in the “Target” column includes a fiscal 2015 target short-term cash incentive award of $230,000 and target sales
commissions of $230,000. Mr. Blum’s maximum short-term cash incentive plan award is the same as the maximum for other named
executive officers, but sales commissions do not have a preset maximum limit.
(c) Represents shares of our Common Stock subject to each of the PSU awards granted to the named executive officers in fiscal 2015
under our 2012 Employee Plan. These columns show the awards that were possible at the threshold, target and maximum levels of
performance. Shares were to be earned based upon annual billings and subscriptions goals for fiscal 2015 adopted by the
Compensation Committee (the “Annual Financial Results”), as well as TSR compared against the S&P Computer Software Select
Index (“Relative TSR”). In each case, Annual Financial Results for the relevant performance period could result in PSU attainment,
subject to the Relative TSR modifier, of 0%-150% of target. Once that Annual Financial Results percentage is established, it is
multiplied by a percentage ranging from 80%-120%, depending on Autodesk's Relative TSR performance for the period. Ultimately,
PSUs could be earned from 0%-180% of target. Actual PSU awards earned in fiscal 2015 by the named executive officers under this
program are shown in “Long-Term Incentive Compensation” in the “Compensation Discussion and Analysis.”
(d) RSUs vest in three equal annual installments beginning on the first anniversary of the date of grant.
(e) Reflects the grant date fair value of each equity award. 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 Annual Report
on Form 10-K filed on March 18, 2015. These amounts do not correspond to the actual value that will be realized by the named
executive officers upon the vesting of RSUs or the sale of the Common Stock underlying such awards.
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