In 2015, Leland J. Hein earned $1.12M in total compensation at Fastenal, including $523.33K salary and $590.83K bonus. Most recently sold 10,000 shares in Aug 2020. Currently holds stock worth $865.58K. Has donated $414.09K in stock to charitable causes.
Compensation History
Annual executive compensation data for Leland J. Hein, including salary, bonuses, and stock awards.
Year
2015
Total Compensation
$1.12M
Salary
$523.33K
Bonus
$590.83K
Other
$4.38K
Salary
$523.33KBoard Justification
The compensation philosophy emphasizes fair and equitable treatment, with a significant portion of compensation tied to performance metrics that align with company goals.
Bonus
$590.83KBoard Justification
Cash bonuses earned based on growth in pre-tax earnings of the company and/or the officer’s area of responsibility, with a payout percentage of 1.25% for the period he served as president and chief executive officer and 0.75% for the period he served as chief operating officer.
Other Compensation
$4.38KBoard Justification
Annual profit-based matching contributions to the 401(k) plan and other benefits.
Restricted Stock
Board Justification
No stock awards were vested in 2015 as the focus was on cash bonuses and stock options.
Performance Metrics
The performance metrics for determining compensation included growth in pre-tax earnings and net earnings.
Leland J. Hein
Ex-CEO of Fastenal
Education
Not specified
Field of Expertise
Sales & Marketing - Sales
Sector of Economy
Industrials
Born
January 1, 1961 - 64 years ago
CEO of Fastenal for
0 years 6 months (Jan 2015 - Jul 2015)
Previous Experience
Executive Vice President - Sales from November 2007 to July 2012.
Holdings
Track Leland J. Hein's stock holdings and portfolio value over time.
Total Stock Sold
$17.72M
$17.72M
747,618 FAST shares
What if they kept their stock?
If Leland J. Hein didn't sell their stock, today they would have:
Extra FAST747,618 shares worth $31.03M.
This is 75.07% and $13.30M more than what they got when they sold the stock.
Charitable Transactions
9,978 shares
FAST
Recent Charitable Transactions
2,647 shares
FAST
Dec 31, 2018
Charity
1,032 shares
FAST
Oct 16, 2017
Charity
1,100 shares
FAST
Apr 19, 2016
Charity
60 shares
FAST
Dec 31, 2014
Charity
150 shares
FAST
Jun 8, 2012
Charity
Insider Trading
Leland J. Hein's recent stock transactions, purchases, and sales filed with the SEC.
$477.72K
FAST at $47.77/share
Aug 3, 2020
Sale
$568.62K
FAST at $46.15/share
May 31, 2020
Sale
$568.62K
FAST at $46.15/share
Jul 23, 2020
Sale
$612.57K
FAST at $44.36/share
Jul 17, 2020
Sale
$612.57K
FAST at $44.36/share
Jul 17, 2020
Sale
$402.24K
FAST at $40.22/share
May 18, 2020
Sale
$195.92K
FAST at $39.18/share
May 11, 2020
Sale
$766.21K
FAST at $38.31/share
May 6, 2020
Sale
$285.68K
FAST at $37.50/share
Apr 28, 2020
Sale
$280.41K
FAST at $35.17/share
Apr 22, 2020
Sale
Rivals
Compare Leland J. Hein with competitor CEOs and industry peers.
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Bonus
$0.00
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Erik Gershwind
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$0.00
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Total Holdings
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