Not exact matches
His exorbitant
compensation has twice raised the ire
of shareholders — first with an $ 11.9 -
million signing bonus in 2013 and, most recently, with his $ 12.9 -
million package for 2014, even though Barrick
shares posted a double - digit decline.
On a non-GAAP basis (excluding stock - based
compensation expenses, amortization
of intangible assets, reorganization costs, goodwill and technology impairment charges, the impact
of the US tax reform and a loss from discontinued operations), the Company recorded a net loss
of $ (1.6)
million, or $ (0.54) per diluted
share in 2017, compared with a net loss
of $ (375,000), or $ (0.13) per diluted
share in 2016.
SBA FLA, which holds roughly 1.3
million shares, or about 0.14 percent
of shares outstanding, was concerned about the «general poor relationship between level
of compensation and the company's performance,» Senior Officer
of Investment Programs & Governance Michael McCauley wrote in an email to CNBC.
Around 53
million of the total 164
million shares that voted opposed the reelection
of David Kilpatrick, chairman
of the
compensation committee and, since 1998, the president
of Kilpatrick Energy Group, a consulting firm to oil and gas companies; Vicky Bailey, president
of Anderson Stratton International, LLC, a strategic consulting and government relations company in Washington, D.C; and private investor Keith Carney.
The rest
of his
compensation package is in stock — 13
million shares to be exact.
CBS» Moonves saw a 15 % decline in his annual
compensation in 2014, to $ 57.2
million, while CBS's
shares lost 12 %
of their value last year.
Excluding non-cash gains or losses for stock - based
compensation, non-GAAP adjusted net loss was $ 20.3
million for the first quarter
of 2018, or non-GAAP adjusted basic and diluted loss per
share of $ 0.07, compared to non-GAAP adjusted net loss
of $ 17.6
million for the first quarter
of 2017, or non-GAAP adjusted basic and diluted loss per
share of $ 0.07.
Glassdoor provides the most transparent look at company culture, work environment, salary and
compensation and the interview process thanks to the
millions of insights
shared by employees, job candidates and employers.
For the six months ended June 30, 2015, general and administrative expenses included $ 6.6
million of share - based
compensation expense, a $ 3.6
million increase compared to the six months ended June 30, 2014.
This quarter includes a $ 25
million tax benefit resulting from the elimination
of stock
compensation expense that our U.S. entity had charged to foreign subsidiaries and the cost -
sharing agreements over a multi-year period.
On December 31, 2009, the Company had 5.18 billion outstanding
shares of common stock, and approximately 734
million shares reserved for issuance for outstanding convertible preferred stock, the warrant issued in connection with the TARP CPP investment, dividend reinvestment, deferred
compensation plans, long - term incentive
compensation awards, and in connection with employee benefit plans.
In 2015, CSCO bought back 155
million shares, but after the effects
of employee stock
compensation it only reduced the total
shares outstanding by 38
million.
on a pro forma basis, giving effect to (i) the automatic conversion
of all
of our outstanding
shares of convertible preferred stock other than Series FP preferred stock into
shares of Class B common stock and the conversion
of Series FP preferred stock into
shares of Class C common stock in connection with our initial public offering, (ii) stock - based
compensation expense
of approximately $ 1.1 billion associated with outstanding RSUs subject to a performance condition for which the service - based vesting condition was satisfied as
of December 31, 2016 and which we will recognize on the effectiveness
of our registration statement in connection with a qualifying initial public offering, as further described in Note 1 to our consolidated financial statements included elsewhere in this prospectus, (iii) the increase in accrued expenses and other current liabilities and an equivalent decrease in additional paid - in capital
of $ 187.2
million in connection with the withholding tax obligations, based on $ 16.33 per
share, which is the fair value
of our common stock as
of December 31, 2016, as we intend to issue
shares of Class A common stock and Class B common stock on a net basis to satisfy the associated withholding tax obligations, (iv) the net issuance
of 7.6
million shares of Class A common stock and 5.5
million shares of Class B common stock that will vest and be issued from the settlement
of such RSUs, (v) the issuance
of the CEO award, as described below, and (vi) the filing and effectiveness
of our amended and restated certificate
of incorporation which will be in effect on the completion
of this offering.
The pro forma consolidated balance sheet data gives effect to (i) the automatic conversion
of all
of our outstanding
shares of convertible preferred stock other than Series FP preferred stock into
shares of Class B common stock and the conversion
of Series FP preferred stock into
shares of Class C common stock in connection with our initial public offering, (ii) stock - based
compensation expense
of approximately $ 1.1 billion associated with outstanding RSUs subject to a performance condition for which the service - based vesting condition was satisfied as
of December 31, 2016 and which we will recognize on the effectiveness
of our registration statement in connection with this offering, as further described in Note 1 to our consolidated financial statements included elsewhere in this prospectus, (iii) the increase in accrued expenses and other current liabilities and an equivalent decrease in additional paid - in capital
of $ 187.2
million in connection with the withholding tax obligations, based on $ 16.33 per
share, which is the fair value
of our common stock as
of December 31, 2016, as we intend to issue
shares of Class A common stock and Class B common stock on a net basis to satisfy the associated withholding tax obligations, (iv) the net issuance
of 7.6
million shares of Class A common stock and 5.5
million shares of Class B common stock that will vest and be issued from the settlement
of such RSUs, (v) the issuance
of the CEO award, as described below, and (vi) the filing and effectiveness
of our amended and restated certificate
of incorporation which will be in effect on the completion
of this offering.
Today more than 25
million American workers are part
of some form
of employee - ownership program, including an option to buy stock at a discount or receive part
of their
compensation in
shares, says Corey Rosen, co-founder
of the National Center for Employee Ownership.
Tillerson was paid $ 27.3
million in salary, bonus, stock awards and other
compensation in 2015; his 2.6
million shares of Exxon common stock had a value
of about $ 228
million as
of early December.
As
of November 11, 2013, a total
of 20.873
million shares of the Company's common stock were subject to all outstanding awards granted under the Company's equity
compensation plans (including the
shares then subject to outstanding awards under the 2003 Plan and the Director Plan, as well as outstanding awards assumed by the Company in connection with acquisitions, but exclusive
of shares that employees may purchase under the Employee Stock Purchase Plan),
of which 17.265
million shares were then subject to outstanding restricted stock unit awards and 3.608
million shares were then subject to outstanding stock options.
The tender offer closed in September 2011, and at the close
of the transaction, the Company recorded $ 34.7
million as
compensation expense related to the excess
of the selling price per
share of common stock paid to the Company's employees and consultants over the fair value
of the tendered
share, and $ 35.8
million as deemed dividends in relation to excess
of the selling price per
share of common and preferred stock paid to existing investors in excess
of the fair value
of the
shares tendered.
The decrease primarily resulted from a $ 175.2
million decrease in
share - based
compensation expense, primarily related to $ 183.4
million recognized as a result
of the Merger, an $ 11.1
million decrease in Merger - related costs and a $ 2.3
million decrease in travel and corporate functions costs, partially offset by a $ 3.5
million increase in executive severance costs, a $ 2.8
million increase in sponsor - related consulting fees for interim executive and international consulting services, a $ 2.6
million increase in legal and accounting fees, a $ 1.9
million increase in sponsor - related management fees and a $ 1.0
million increase in contract negotiation services.
The
Compensation Committee reduced the aggregate number
of shares subject to the stock option grants to each
of Ms. Catz and Mr. Hurd from a stock option for 5
million shares in fiscal 2014 to a stock option for 2.75
million shares in fiscal 2015 (which includes a special one - time stock option award for 500,000
shares each in connection with their appointment to CEO).
The net loss for 2005 includes
compensation expense related to
share options
of $ 2.7
million.
Moreover, $ 1.1 billion for 56
million shares only equaled about 2 / 3rds
of the
shares that Dell issued for
compensation (in other words, Dell didn't completely offset the dilution).
• As
compensation for making the loan, Mill Road would be allowed to buy 2
million newly issued
shares of Kona at $ 1.50 per
share, and Mill Road would be given one seat on the Board
of Directors.
Compensation can range from kudos and personal intellectual satisfaction to a
share of the proceeds or savings, or even a massive prize, like the Netflix $ 1
million dollar prize.
Excluding
share - based
compensation and related payroll tax expenses, non-GAAP income from operations for the second quarter was $ 515
million, compared to $ 477
million for the second quarter
of 2011.»