In 2013, Brad Cleveland earned $778.43K in total compensation at Proto Labs, including $270.00K salary and $508.43K bonus. Most recently acquired 798 shares in May 2014. Currently holds stock worth $10.10M. Has donated $19.16M in stock to charitable causes. Led Proto Labs as CEO for 1 years.
Compensation History
Annual executive compensation data for Brad Cleveland, including salary, bonuses, and stock awards.
Year
2013
Total Compensation
$778.43K
Salary
$270.00K
Bonus
$508.43K
Other
$0.00
Salary
$270.00KBoard Justification
The compensation program aims to attract, retain, and motivate a talented senior management team, aligning their interests with those of shareholders and rewarding performance that contributes to company value.
Bonus
$508.43KBoard Justification
The bonus payout for 2013 was based on revenue growth and adjusted operating income margin, with a target bonus payout of 150% of base salary.
Other Compensation
$0.00Board Justification
No additional compensation was reported for 2013.
Restricted Stock
Board Justification
No stock was granted or vested in 2013 as Mr. Cleveland did not receive any equity awards due to his significant holdings of common stock.
Performance Metrics
The performance metrics for 2013 included revenue growth and adjusted operating income margin.
Brad Cleveland
Ex-CEO of Proto Labs
Education
Bachelor's degree in Engineering
Field of Expertise
Technology & Engineering - Engineering
Sector of Economy
Industrials
Born
January 1, 1953 - 72 years ago
CEO of Proto Labs for
1 year 9 months (Jan 2012 - Oct 2013)
Previous Experience
Former CEO of Proto Labs, Inc.
Other Proto Labs CEOs
Holdings
Track Brad Cleveland's stock holdings and portfolio value over time.
Total Stock Sold
$75.68M
$75.68M
1,461,824 PRLB shares
What if they kept their stock?
If Brad Cleveland didn't sell their stock, today they would have:
Extra PRLB1,461,824 shares worth $77.80M.
This is 2.79% and $2.11M more than what they got when they sold the stock.
Charitable Transactions
360,000 shares
PRLB
Recent Charitable Transactions
360,000 shares
PRLB
Dec 31, 2012
Charity
Insider Trading
Brad Cleveland's recent stock transactions, purchases, and sales filed with the SEC.
798 shares
PRLB
May 20, 2014
Received
$4.33M
PRLB at $81.51/share
Nov 8, 2013
Sale
$11.21M
PRLB at $83.33/share
Nov 6, 2013
Sale
$8.03M
PRLB at $86.13/share
Nov 4, 2013
Sale
$7.08M
PRLB at $74.49/share
Sep 9, 2013
Sale
$7.08M
PRLB at $74.49/share
Sep 9, 2013
Sale
948 shares
SPSC
May 15, 2013
Received
$252.60K
PRLB at $50.52/share
Apr 30, 2013
Sale
$252.60K
PRLB at $50.52/share
Apr 30, 2013
Sale
$980.19K
PRLB at $49.01/share
Apr 1, 2013
Sale
Rivals
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