3 results
DEF 14A
Sinclair, Inc.
26 Apr 24
Definitive proxy
1:34pm
| Name | Base Salary | % (Decrease) Increase in Base Salary | Maximum Annual Bonus Potential (a) | David D. Smith | $ | 1,000,000 | (23.9) | % | $ | 3,000,000 | (b) | ||||||||
| Christopher S. Ripley | 1,000,000 | (23.9) | % | 3,000,000 | (b) | ||||||||||||||
| Lucy A. Rutishauser | 1,235,000 | (5.0) | % | 650,000 | (c) | ||||||||||||||
| Robert D. Weisbord | 1,504,913 | 5.0 | % | 1,904,913 | (d) | ||||||||||||||
| David B. Gibber | 950,000 | 2.5 | % | 550,000 | (e) | ||||||||||||||
DEF 14A
Sinclair, Inc.
26 Apr 24
Definitive proxy
1:34pm
| Quarterly Cash Bonus | Annual Cash Bonus | |||||||||||||||||||||||||||||||||||||||||
| 1Q 2023 | 2Q 2023 | 3Q 2023 | 4Q 2023 | Recapture Bonus | ||||||||||||||||||||||||||||||||||||||
| Targeted Adjusted EBITDA ($ in millions) (a) | $ | 108.8 | $ | 88.5 | $ | 102.8 | $ | 155.6 | $ | 455.7 | $ | 455.7 | % of Targeted Adjusted EBITDA Achieved (a) | 108.72 | % | 119.63 | % | 137.67 | % | 116.39 | % | 121.86 | % | 121.86 | % | |||||||||||||||||
| Performance-Based Cash Bonus Payments: | David D. Smith | $ | 328,541 | $ | 328,541 | $ | 328,541 | $ | 328,541 | $ | — | $ | 657,082 | Christopher S. Ripley | 328,541 | 328,541 | 328,541 | 328,541 | — | 657,082 | Lucy A. Rutishauser | 100,000 | 100,000 | 100,000 | 100,000 | — | — | Robert D. Weisbord | 358,313 | 358,313 | 358,313 | 358,313 | — | 400,000 | ||||||||
DEF 14A
Sinclair, Inc.
26 Apr 24
Definitive proxy
1:34pm
The following table sets forth certain information regarding compensation for services rendered in all capacities during the years ended December 31, 2023, 2022, and 2021 by the named executive officers.
| Name and Principal Position | Year | Salary | Stock Awards (a) | Bonus (b) | Option Awards (c) | Non-equity Incentive Plan Compensation (d) | Change in Value of Nonqualified Deferred Compensation Earnings (e) | All Other Compensation (f) | Total | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| David D. Smith, | 2023 | $ | 1,314,164 | $ | 2,054,924 | $ | — | $ | 1,837,125 | $ | 1,971,246 | $ | — | $ | 13,297 | $ | 7,190,756 | Executive Chairman | 2022 | 1,379,700 | 3,026,427 | — | 3,144,041 | 2,069,550 | — | 12,297 | 9,632,015 | 2021 | 1,339,515 | 6,042,036 | — | 6,129,451 | 2,009,273 | — | 11,697 | 15,531,972 | Christopher S. Ripley, | 2023 | 1,314,164 | 2,054,924 | — | 1,837,125 | 1,971,246 | 20,564 | 13,297 | 7,211,320 | President and | 2022 | 1,379,700 | 3,026,427 | — | 3,144,041 | 2,069,550 | 5,691 | 12,297 | 9,637,706 | Chief Executive Officer | 2021 | 1,339,515 | 6,042,036 | — | 6,129,451 | 2,009,273 | 46 | 11,697 | 15,532,018 | Lucy A. Rutishauser, | 2023 | 1,300,000 | 623,132 | 2,500,000 | (j) | 918,423 | 400,000 | 156,275 | 47,382 | 5,945,212 | Executive Vice President / | 2022 | 1,250,000 | 1,008,818 | — | 943,214 | 400,000 | — | 47,382 | 3,649,414 | Chief Financial Officer | 2021 | 1,050,600 | 740,584 | 100,000 | 919,419 | 400,000 | 98,901 | 43,522 | 3,353,026 | Robert D. Weisbord | 2023 | 1,433,250 | 958,666 | — | 417,465 | 1,833,250 | 335,843 | 78,416 | 5,056,890 | Chief Operating Officer and | 2022 | 1,369,323 | (h) | 1,008,883 | — | — | 1,775,000 | — | 68,889 | 4,222,095 | President / Local Media | 2021 | 1,300,000 | 755,259 | — | — | 1,100,000 | 175,226 | 56,469 | 3,386,954 | David B. Gibber (g) | 2023 | 927,000 | 527,276 | 400,000 | 333,973 | — | 17,366 | 39,867 | 2,245,482 | Executive Vice President / | 2022 | 927,000 | 453,970 | 289,688 | 524,007 | — | — | 36,660 | 2,231,325 | Chief Legal Officer | 2021 | 830,769 | (i) | 402,813 | 250,000 | 510,789 | — | 16,851 | 33,342 | 2,044,564 | ||||||||||||||||||||||||||||||||||||||||||||||||
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