In 2021, Kevin Conley earned $543.46K in total compensation at Everspin Technologies, including $400.00K salary and $70.63K in stock. Most recently acquired 15,000 shares in Mar 2020. Currently holds stock worth $765.57K. Led Everspin Technologies as CEO for 3 years.
Compensation History
Annual executive compensation data for Kevin Conley, including salary, bonuses, and stock awards.
Year
2021
Total Compensation
$543.46K
Salary
$400.00K
Bonus
$0.00
Other
$72.83K
Salary
$400.00KBoard Justification
The Company strives to create an environment of mutual respect, encouragement and teamwork that rewards commitment and performance and that is responsive to the needs of our Named Executive Officers and employees.
Bonus
$0.00Board Justification
The bonus goals comprised seven different categories, two of which were financial goals and five of which were technology development goals. Actual 2021 bonus for each executive officer were determined based upon percentage achievement of the established bonus goals multiplied by the executive officer’s target bonus. Mr. Billerbeck’s target bonus was 100% of base annual salary
Other Compensation
$72.83KBoard Justification
Mr. Billerbeck received a monthly housing allowance of $6,000 per month, totaling $72,000, along with $834 in life insurance premiums paid by the Company.
Restricted Stock
Board Justification
RSUs vest at a rate of 6,250 RSUs per month so long as Mr. Billerbeck continued in the role of Interim Chief Executive Officer.
Performance Metrics
The amount payable to each Named Executive Officer was based on the attainment of pre-established corporate performance goals, which is subject to the discretion of the compensation committee, and the full Board of Directors in the case of our Chief Executive Officer.
Kevin Conley
Ex-CEO of Everspin Technologies
Education
Bachelor's of Science in Electrical Engineering and Master's of Science in Computer Engineering from Santa Clara University
Field of Expertise
Technology & Engineering - Engineering
Sector of Economy
Technology
Born
January 1, 1969 - 56 years ago
CEO of Everspin Technologies for
3 years 4 months (Sep 2017 - Jan 2021)
Previous Experience
Member of Everspin's Board of Directors; advisor and consultant with Seven Rocks LLC; SVP & GM Client Storage Solutions at SanDisk Corporation; Chief Technology Officer at SanDisk Corporation; VP Engineering for Corsair Components Inc.; various technology development and management roles at SanDisk Corporation.
Holdings
Track Kevin Conley's stock holdings and portfolio value over time.
Total Stock Sold
$65.17K
$65.17K
13,549 MRAM shares
What if they kept their stock?
If Kevin Conley didn't sell their stock, today they would have:
Extra MRAM13,549 shares worth $131.70K.
This is 102.08% and $66.53K more than what they got when they sold the stock.
Insider Trading
Kevin Conley's recent stock transactions, purchases, and sales filed with the SEC.
15,000 shares
MRAM
Mar 25, 2020
Received
$67.88K
MRAM at $5.01/share
Jan 27, 2020
Sale
34,026 shares
MRAM
Jan 22, 2020
Received
15,000 shares
MRAM
Feb 11, 2019
Received
$100.00K
MRAM at $7.00/share
Feb 12, 2018
Purchase
10,000 shares
MRAM
Sep 1, 2017
Received
Rivals
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