SpringOwl Activist Presentation Deck
Mayer's Executive Compensation Package:
Components of Mayer's Expected 5 Year Compensation assuming stock price at $40.34/share:
▪ Base Salary: $1M annually = $5M
▪ Incentive Compensation: $4M for first year and $2M thereafter = $12M
▪ Annual Equity Awards:
●
½ in the form of RSUS = $77.2M
12 in the form of stock options = $26.1M already sold + $68.7M still held + $63.2M still to be granted =
$148M
▪ Make Whole RSUS: $36M
▪ One-Time Retention Equity Award: $77.2M
■ Other Perks:
$25K for Mayer's lawyers negotiating against Yahoo's Compensation Committee
$50K annually for personal security
Grand Total for 5 years: $365M
Source:
1. http://www.forbes.com/sites/ericjackson/2014/08/17/marissa-mayers-compensation-and-stock-selling-not-linked-to-performance/
2.
http://www.sec.gov/Archives/edgar/data/1011006/000119312512307595/d384719dex101.htm
3. Company filings (10K, DEFA14, and Employment Contract)
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