6. Larry T. Nicholson, The Ryland Group | 2014 Salary | % Total |
% Change Vs. 2013 | Breakdown ($) | Comp |
17.48% | ||
Base salary | 900,000 | 10.49% |
Bonus | 0 | 0.00% |
Stock Awards | 4,384,990 | 51.10% |
Options Awards | 0 | 0.00% |
Non-Equity Incentive | 3,072,929 | 35.81% |
Change in Pension Value | 32,150 | 0.37% |
All Other Comp | 190,407 | 2.22% |
TOTAL COMP | 8,580,476 |
- Nicholson’s salary was unchanged over 2013
- Nicholson’s targeted annual bonus incentive opportunity was $1.2 million, and he earned 181% of that based on adjusted consolidated pretax earnings being a profit of $290.3 million, well above the target of $250 million, accounting for 2,172,000 of his $3,072,929 in non-equity incentive.
- Nicholson earned restricted stock awards of 32,196 units, good for $1,500,012—these were not subject to the satisfaction of a performance target.
- Nicholson also earned long-term performance shares numbering 136,956, which amounted to $2,884,978—the combination of this and the restricted stock awards equals $4,384,990.