How Kellenberger was paid
$3.6M 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 | Stock | Options | Incentive | Other | Total |
|---|---|---|---|---|---|---|
| Paul KellenbergerChief Executive Officer and Director | $400,000 | — | $2,994,351 | $162,311 | $2,900 | $3,559,562 |
| Erick DeOliveiraChief Financial Officer | $300,000 | — | $94,497 | — | $2,900 | $397,397 |
| Mike HarperChief Product, Engineering and Marketing Officer | $325,000 | $674,831 | — | $131,878 | $2,900 | $1,134,609 |
| Ron RheinheimerFormer Chief Sales Officer | $250,000 | $485,535 | — | $274,696 | $2,900 | $1,013,131 |
What changed and why
- $3.56M$3.56M CEO total compensation in 2024, compared with $402,900 in 2023.
- $2.99M$2.99M CEO option awards represented the largest component of 2024 compensation.
- $162K$162,311 CEO non-equity sales incentive compensation was reported for 2024.
- $304K$303,500 aggregate 2023 bonuses were approved for Kellenberger, Harper and Rheinheimer.
- $162K$162,292 aggregate 2024 bonuses were approved for four executives but had not been paid as of the proxy date.
- December 2024 adoption of the 2024 Stock Plan authorized 2,708,175 shares for future awards.
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.