In 2015, Hakan S. Edstrom earned $1.81M in total compensation at Mannkind, including $887.58K salary, $647.00K bonus and $245.13K in stock. Most recently acquired 86,000 shares in Aug 2015. Currently holds stock worth $6.33M.
Compensation History
Annual executive compensation data for Hakan S. Edstrom, including salary, bonuses, and stock awards.
Year
2015
Total Compensation
$1.81M
Salary
$887.58K
Bonus
$647.00K
Other
$27.20K
Salary
$887.58KBoard Justification
The compensation philosophy is designed to attract and retain high-caliber executives while aligning their interests with those of the stockholders, focusing on performance-based compensation.
Bonus
$647.00KBoard Justification
The bonus for 2015 was based on the achievement of corporate performance goals, but no performance bonuses were paid due to the recommendation from the CEO that no bonuses be awarded given the circumstances surrounding the company's performance.
Other Compensation
$27.20KBoard Justification
Other compensation includes medical benefits and an automobile allowance.
Restricted Stock
Board Justification
The stock that vested in 2015 was part of the restricted stock units granted previously, which were fully vested upon the completion of the required service period.
Performance Metrics
Performance metrics for 2015 included operational goals related to the launch of the company's first product.
Hakan S. Edstrom
Ex-CEO of Mannkind
Education
Master's degree in Business Administration from the Stockholm School of Economics
Field of Expertise
Business & Management
Sector of Economy
Healthcare
Born
January 1, 1951 - 74 years ago
CEO of Mannkind for
0 years 10 months (Jan 2015 - Nov 2015)
Previous Experience
President and COO of MannKind Corporation
Holdings
Track Hakan S. Edstrom's stock holdings and portfolio value over time.
Total Stock Sold
$2.19M
$2.19M
73,701.6 MNKD shares
What if they kept their stock?
If Hakan S. Edstrom didn't sell their stock, today they would have:
Extra MNKD73,701.6 shares worth $418.63K.
This is -80.91% and $1.77M less than what they got when they sold the stock.
Insider Trading
Hakan S. Edstrom's recent stock transactions, purchases, and sales filed with the SEC.
86,000 shares
MNKD
Aug 27, 2015
Received
$354.77K
MNKD at $4.83/share
Apr 24, 2015
Sale
$382.83K
MNKD at $5.21/share
Mar 27, 2015
Sale
11,000 shares
MNKD
Feb 18, 2015
Received
$569.32K
MNKD at $7.75/share
Feb 10, 2015
Sale
$466.02K
MNKD at $6.34/share
Jan 30, 2015
Sale
$440.07K
MNKD at $5.89/share
Dec 1, 2014
Sale
440,000 shares
MNKD
Aug 11, 2014
Received
$7.48K
MNKD at $4.42/share
Jun 30, 2014
Purchase
395,000 shares
MNKD
Oct 14, 2013
Received
Rivals
Compare Hakan S. Edstrom with competitor CEOs and industry peers.