In 2012, David L. Messenger earned $2.58M in total compensation at UDR, including $125.00K salary and $2.43M in stock. Most recently sold 3,030 shares in May 2012. Led UDR as CEO for 3 years.
Compensation History
Annual executive compensation data for David L. Messenger, including salary, bonuses, and stock awards.
Year
2012
Total Compensation
$2.58M
Salary
$125.00K
Bonus
$0.00
Other
$17.08K
Salary
$125.00KBoard Justification
The compensation philosophy aims to attract and retain executive talent while aligning the interests of executive officers with those of stockholders through market competitive compensation tied to performance.
Bonus
$0.00Board Justification
No bonus was awarded for the year 2012 as Mr. Messenger resigned effective May 31, 2012.
Other Compensation
$17.08KBoard Justification
Includes $12,077 for Company paid health insurance and $5,000 for Company paid life insurance and disability insurance.
Restricted Stock
Board Justification
76,190 shares of restricted stock vested in 2012 under the 2010-2012 Long-Term Incentive Program upon meeting specified performance targets.
Performance Metrics
The performance metrics for 2012 included funds from operations, same-store net operating income, and net financial capabilities.
David L. Messenger
Ex-CEO of UDR
Education
Not specified
Field of Expertise
Finance & Banking - Finance
Sector of Economy
Real Estate
Born
January 1, 1970 - 55 years ago
CEO of UDR for
3 years 11 months (Jun 2008 - May 2012)
Previous Experience
Joined UDR in August 2002 as Vice President and Controller, promoted to Senior Vice President
Holdings
Track David L. Messenger's stock holdings and portfolio value over time.
Total Stock Sold
$1.39M
$1.39M
52,836 UDR shares
What if they kept their stock?
If David L. Messenger didn't sell their stock, today they would have:
Extra UDR52,836 shares worth $1.86M.
This is 33.45% and $466.40K more than what they got when they sold the stock.
Insider Trading
David L. Messenger's recent stock transactions, purchases, and sales filed with the SEC.
Rivals
Compare David L. Messenger with competitor CEOs and industry peers.
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