Alexander KarpAlexander Karp earned $1B in 2024

In 2005, Dale R. Olseth earned $1.73M in total compensation at Surmodics, Inc., including $213.22K salary, $43.88K bonus and $1.47M in stock. Most recently acquired 6,302 shares in Dec 2023. Currently holds stock worth $1.46M.

Compensation History

Annual executive compensation data for Dale R. Olseth, including salary, bonuses, and stock awards.

Year

2005

Total Compensation

$1.73M

Salary

$213.22K

Bonus

$43.88K

Other

$4.26K

Salary

$213.22K

Board Justification

The compensation philosophy is designed to align the financial interests of executive officers with those of shareholders, focusing on performance-based incentives and retention strategies.

Bonus

$43.88K

Board Justification

The bonus is based on the achievement of certain financial and operational goals set for the fiscal year 2005, with a maximum bonus potential of 26.67% of base salary.

Other Compensation

$4.26K

Board Justification

This includes contributions made by the Company under its 401(k) plan and other benefits.

Restricted Stock

$1.47M50K Common Stock

Board Justification

The stock options granted to Dale R. Olseth that vested in 2005, allowing him to exercise these options.

Performance Metrics

The performance metrics for determining the compensation in 2005 included revenue and operating income goals.

S

Dale R. Olseth

Ex-CEO of Surmodics, Inc.

Education

Unknown

Field of Expertise

Business & Management

Sector of Economy

Healthcare

CEO of Surmodics, Inc. for

Until July 2005

Previous Experience

Unknown

Holdings

Track Dale R. Olseth's stock holdings and portfolio value over time.

Total Stock Sold

$3.19M

SRDX

$3.19M

82,307 SRDX shares

What if they kept their stock?

If Dale R. Olseth didn't sell their stock, today they would have:
Extra SRDX82,307 shares worth $2.33M.
This is -26.89% and $857.13K less than what they got when they sold the stock.

Insider Trading

Dale R. Olseth's recent stock transactions, purchases, and sales filed with the SEC.

SRDX

6,302 shares

SRDX

Dec 4, 2023

Received

SRDX

5,535 shares

SRDX

Nov 30, 2022

Received

SRDX

4,552 shares

SRDX

Nov 30, 2021

Received

SRDX

$77.20K

SRDX at $59.75/share

Aug 31, 2021

Sale

SRDX

$90.10K

SRDX at $59.75/share

Apr 28, 2021

Sale

SRDX

$38.72K

SRDX at $59.75/share

Apr 16, 2021

Sale

SRDX

$270.07K

SRDX at $56.75/share

Mar 31, 2021

Sale

SRDX

4,273 shares

SRDX

Nov 30, 2020

Received

SRDX

10,947 shares

SRDX

Nov 25, 2019

Received

SRDX

11,006 shares

SRDX

Nov 27, 2018

Received

Rivals

Compare Dale R. Olseth with competitor CEOs and industry peers.