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2016 Proxy Statement 48
Proxy Materials
________________
(a) Reflects target and maximum dollar amounts payable under the EIP for performance during fiscal 2016, as described in


reached; and  
target 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.
(b) Represents shares of our Common Stock subject to each of the PSU awards granted to the named executive officers in fiscal 2016
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 2016 adopted by the
Compensa
lt 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 2016 by the named
-

(c) RSUs vest in three equal annual installments beginning on the first anniversary of the date of grant.
(d) 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,
 
on Form 10-K filed on March 23, 2016. 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.