NVIDIA 2016 Annual Report Download - page 52
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34
EXECUTIVE SUMMARY
Executive Compensation Goals
Consistent with our goal of attracting, motivating and retaining a high-caliber executive team, our executive
compensation program is designed to pay for performance. We utilize compensation elements that meaningfully align
our NEOs’ interests with those of our stockholders to create long-term value. As such, our NEO pay is heavily weighted
toward “at-risk,” performance-based compensation, in the form of equity awards and variable cash that is only earned if
we achieve multiple corporate financial metrics.
Fiscal 2016 Enhancements
We value stockholder feedback and maintain an annual outreach program to ensure that our stockholders view our
pay practices as well-structured. Despite strong stockholder support of our executive compensation program in recent
years, including over 98% “say-on-pay” approval at our 2015 Meeting, our CC enhanced Fiscal 2016 executive
compensation in response to stockholder feedback to further strengthen the link between our performance and our NEOs’
pay:
MY PSUs with a relative goal: introduced PSUs with a 3-year performance period based on our TSR relative to the
S&P 500 (prior to Fiscal 2016, all of our PSUs had an annual performance period with absolute goals) and structured
a meaningful portion of our CEO’s Fiscal 2016 equity award in the form of these 3-year PSUs
Separate performance metrics: assigned separate, distinct metrics for each component of our compensation where
the amount of the award is subject to achievement of performance criteria (in Fiscal 2015, we used the same
financial metric as the goal for our Variable Cash Plan and for our PSUs)
Greater proportion of "at-risk," performance-based compensation: increased average “at-risk,” performance-
based compensation as a percentage of total target pay
Below is a summary of the components of our Fiscal 2016 executive compensation program where the amount of the
award is subject to achievement of performance criteria, and the percentage of NEO pay assigned to each one: