How Wheatley was paid
$1.1M in total for 2024, as reported in the Summary Compensation Table. Equity awards are valued at grant, not at what they turned out to be worth.
Named executive officers
| Executive | Salary | Bonus | Stock | Options | Other | Total |
|---|---|---|---|---|---|---|
| Desmond WheatleyPresident and Chief Executive Officer | $400,000 | $400,000 | $264,317 | — | — | $1,064,317 |
| Lisa PotokChief Financial Officer | $310,000 | $155,000 | — | — | — | $465,000 |
| Mark MyersChief Operating Officer | $231,369 | $90,000 | — | $235,640 | — | $557,009 |
| Sandra PetersonVP of Sales and Marketing | $195,000 | — | — | $252,290 | $149,355 | $596,645 |
What changed and why
- $1.1M$1,064,317 was the CEO’s 2024 total compensation, compared with $800,000 in 2023.
- $400K$400,000 salary and $400,000 bonus comprised the CEO’s 2024 cash compensation.
- $264K$264,317 of CEO compensation reflected vested restricted stock and restricted stock units.
- 150%150% was the maximum three-year cumulative revenue payout for the CEO’s performance stock units.
- 75%75% was the threshold three-year average gross-margin payout for the CEO’s performance stock units.
- 44,531 additional common shares were issued, bringing total performance stock units granted to 187,031.
About this page
Figures are automated and can be wrong; check the filing for the exact numbers. Totals follow SEC rules, which value stock and option awards at grant. Read the DEF 14A proxy statement for footnotes and the compensation committee's full reasoning.