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Phi additional 3%





Phi additional 3%  

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Author: The SIC is doing well as well!   Date: 1/30/2024 11:13:35 PM  +0/-0   Show Orig. Msg (this window) Or  In New Window

He gets $400 grand a year plus up to a $400 grand a year bonus through 2025. In 2022, he got a bonus of $390k. In 2023, he got a bonus of $217k.


In 2022, he also got a $400k signing bonus, making his compensation in 2022 a cool $1,175,000.


Pitchforks!


 


"James Hinch. Mr. Hinch’s employment agreement was initially for a term ending on December 31, 2022, provided that the term automatically renewed, and continues to renew annually thereafter, for successive one-year periods unless either party provides the other with at least 60 days’ prior notice of an intent not to renew. Mr. Hinch and the Company also entered into a compensation agreement in 2022, pursuant to which Mr. Hinch is entitled to an annual base salary of $400,000 and annual incentive compensation targeted at 100% of his base salary through May 1, 2025 (each increased $70,000 compared to the amounts previously in effect). In connection with entry into the compensation agreement, Mr. Hinch also received a signing bonus equal to $400,000 and certain of the vesting targets related to Mr. Hinch’s performance-based RSUs were adjusted."

 
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Phi additional 3% +0/-0 Complaining now 1/30/2024 3:08:01 PM