In 2024, Siva Sivaram earned $2.98M in total compensation at QuantumScape, including $773.23K salary and $2.20M in stock. Most recently acquired 21,793 shares in Aug 2024. Currently holds stock worth $104.81M. 1+ years at the helm of QuantumScape.
Compensation History
Annual executive compensation data for Siva Sivaram, including salary, bonuses, and stock awards.
Year
2024
Total Compensation
$2.98M
Salary
$773.23K
Bonus
$0.00
Other
$4.19K
Salary
$773.23KBoard Justification
The compensation committee approved this non-recurring New CEO Grant with the intent to retain and incentivize Dr. Sivaram, as they vest based on continued service and achievement of certain corporate performance milestones over time and their value is directly linked to stock price, therefore rewarding Dr. Sivaram for sustained growth and aligning his interests directly with those of our stockholders.
Bonus
$0.00Board Justification
No bonus was paid out in cash, the bonus was paid out in stock grants
Other Compensation
$4.19KBoard Justification
These amounts include group term life insurance, cell-phone reimbursement and/or financial planning fringe benefits.
Restricted Stock
Board Justification
Includes shares acquired upon vesting of the RSUs granted to our named executive officers, as applicable, in the form of an interim bonus payout on August 5, 2024 in connection with the 2024 Bonus Plan.
Performance Metrics
The PSU awards vest subject to the Company's achievement of four corporate milestones (the “2024 PSU Milestones”), with each 2024 PSU Milestone corresponding to 25% of the PSUs and vesting on the quarterly vesting date immediately following certification by the compensation committee of such milestone achievement, so long as each such milestone is achieved before May 2027 and the NEO continues to be a service provider through such vesting date.
Siva Sivaram
CEO of QuantumScape
Education
Ph.D. and M.S. in Materials Science from Rensselaer Polytechnic Institute.
Field of Expertise
Technology & Engineering - Technology
Sector of Economy
Consumer Cyclical
Born
January 1, 1960 - 65 years ago
CEO of QuantumScape for
1 year 9 months (Feb 2024 - Present)
Previous Experience
President of Technology and Strategy at Western Digital, Executive Vice President of Memory Technology at SanDisk, founded Twin Creek Technologies.
Other QuantumScape CEOs
Holdings
Track Siva Sivaram's stock holdings and portfolio value over time.
Total Stock Sold
$13.09M
$13.09M
155,453 WDC shares
What if they kept their stock?
If Siva Sivaram didn't sell their stock, today they would have:
Extra WDC155,453 shares worth $28.28M.
This is 116.11% and $15.20M more than what they got when they sold the stock.
Insider Trading
Siva Sivaram's recent stock transactions, purchases, and sales filed with the SEC.
21,793 shares
QS
Aug 5, 2024
Received
17,889 shares
QS
Feb 21, 2024
Received
2,440,566 shares
QS
Feb 15, 2024
Received
962,962 shares
QS
Oct 9, 2023
Received
23,865 shares
WDC
Aug 22, 2023
Received
3,286 shares
WDC
Aug 24, 2022
Received
39,332 shares
WDC
Aug 20, 2022
Received
80,080 shares
WDC
Jun 15, 2022
Received
$607.38K
WDC at $53.37/share
Feb 15, 2022
Sale
29,648 shares
WDC
Aug 27, 2021
Received
Rivals
Compare Siva Sivaram with competitor CEOs and industry peers.