Share-Based Payments

6 Months Ended

Mar. 31, 2012

Share-Based Payments

10. Share-Based Payments

The 1992 Long-term Incentive Plan (the “1992 Plan”) expired by its terms on February 4, 2012. On February 7, 2012 our shareholders approved the adoption of the 2012 Long-Term Incentive Plan (the “2012 Plan”) and the termination of the 2003 Employment Inducement Award Plan (the “2003 Plan”). The 2012 Plan authorizes the issuance of 6,000,000 shares of our common stock. Unused shares under the 1992 Plan and the 2003 Plan will not be available for grants under the 2012 Plan. Under the terms of the 2012 Plan, the pool of shares available for issuance may be used for all types of equity awards available under the 2012 Plan, which include stock options, stock appreciation rights, restricted stock awards, stock unit awards and other stock-based awards. All employees, consultants and advisors of FICO or any subsidiary, as well as all non-employee-directors will be eligible to receive awards under the 2012 plan. The 2012 Plan will terminate on the tenth anniversary of its adoption by our Board of Directors. Stock option awards granted typically have a maximum term of seven years and vest ratably over four years.