Shane O'Kelly's total reported compensation is $9,419,978.
This substantial figure is derived from a combination of different remuneration components, reflecting a comprehensive executive compensation package. His earnings combine a base salary with significant performance-based incentives and equity awards.
Understanding Shane O'Kelly's Compensation Breakdown
Shane O'Kelly's compensation is structured across several categories, each contributing to his overall earnings. This detailed breakdown provides insight into the various elements that constitute his total package, which is typical for high-level executives.
Here's a detailed look at the components of his compensation:
| Compensation Component | Amount |
|---|---|
| Salary | $302,885 |
| Bonus | $1,000,000 |
| Value of Stock Awards | $4,593,593 |
| Value of Option Awards | $3,523,500 |
| Non-Equity Incentive Plan Compensation | $0 |
| Total Compensation | $9,419,978 |
- Salary: This represents his fixed annual base pay for services rendered.
- Bonus: An additional sum paid to an employee as a reward for good performance.
- Value of Stock Awards: This includes the fair value of company shares granted to him, often vesting over time, designed to align his interests with shareholder value.
- Value of Option Awards: These are stock options granted, giving him the right to purchase company shares at a pre-determined price, which become valuable if the stock price increases.
- Non-Equity Incentive Plan Compensation: This refers to performance-based cash payments that are not tied to the company's equity, though for Shane O'Kelly, this component was $0.
For more information on executive compensation reporting, you can explore resources that track executive pay structures and remuneration details.
