3 results
DEF 14A
FREYR Battery, Inc.
29 Apr 24
Definitive proxy
7:23am
The following table sets forth the total compensation awarded to, earned by and paid during the fiscal years indicated for each of our NEOs:
Name and Title | Year | Salary ($)(1) | Stock Awards ($)(2) | Option Awards ($)(2) | Non-Equity Incentive Plan ($)(1) | All Other Compensation ($)(3) | Total ($) | ||||||||
Birger Steen(4) | 2023 | 276,500 | — | 1,502,503 | — | 69,755 | 1,848,758 | ||||||||
Chief Executive Officer | |||||||||||||||
Oscar K. Brown(5) | 2023 | 600,000 | 600,003 | 1,061,022 | — | 92,050 | 2,353,075 | ||||||||
Chief Financial Officer | 2022 | 450,000 | 449,999 | 1,569,025 | 337,500 | — | 2,806,524 | ||||||||
Jeremy Bezdek(6) | 2023 | 500,000 | 250,002 | 1,125,772 | — | 35,166 | 1,910,940 | ||||||||
EVP Corporate Development | |||||||||||||||
Andreas Bentzen(7) | 2023 | 299,189 | — | 193,714 | — | 11,962 | 504,865 | ||||||||
Chief Technology Officer | |||||||||||||||
Are L. Brautaset | 2023 | 228,620 | — | 148,023 | — | 12,075 | 388,718 | ||||||||
Chief Legal Officer | |||||||||||||||
Tom Einar Jensen(8) | 2023 | 398,363 | — | 1,373,626 | — | 178,229 | 1,950,218 | ||||||||
Former Chief Executive Officer | 2022 | 653,962 | — | 350,387 | — | — | 1,004,349 | ||||||||
2021 | 600,719 | — | — | (9) | 4,467,802 | — | 5,068,521 | ||||||||
Jan Arve Haugan(10) | 2023 | 520,589 | — | 337,062 | — | 797,258 | 1,654,909 | ||||||||
Former Chief Operating Officer | 2022 | 544,968 | — | 319,598 | 388,290 | — | 1,252,856 | ||||||||
2021 | 581,843 | — | 2,072,953 | 350,561 | — | 3,005,357 | |||||||||
Tove Nilsen Ljungquist(11) | 2023 | 311,755 | — | 201,849 | — | 581,437 | 1,095,041 | ||||||||
Former EVP Operations |
DEF 14A
FREYR Battery, Inc.
29 Apr 24
Definitive proxy
7:23am
The following table sets forth information concerning the grants of plan-based awards to the Company’s NEOs during the year ended December 31, 2023.
Name | Grant Date(1) | Estimated future payouts under non-equity incentive plan awards(2) | Estimated future payouts under equity incentive plan awards(2) | All other stock awards: number of shares of stock or units (#)(3) | All other option awards: number of shares of securities underlying options (#)(4) | Exercise or base price of option awards ($/sh)(5) | Grant date fair value of stock and option awards ($)(6) | ||||||||||||
Threshold ($) | Target ($) | Maximum ($) | Target (#) | ||||||||||||||||
Birger Steen | 138,250 | 276,500 | 345,625 | ||||||||||||||||
08/21/2023 | 468,630 | 6.77 | 1,502,503 | ||||||||||||||||
Oscar K. Brown | 300,000 | 600,000 | 750,000 | ||||||||||||||||
05/22/2023 | 300,000 | 7.55 | 1,061,022 | ||||||||||||||||
05/09/2023 | 80,863 | 600,003 | |||||||||||||||||
Jeremy Bezdek | 187,500 | 375,000 | 468,750 | ||||||||||||||||
03/20/2023 | 200,000 | 7.35 | 643,298 | ||||||||||||||||
03/20/2023 | 150,000 | 7.06 | 482,474 | ||||||||||||||||
03/20/2023 | 35,411 | 250,002 | |||||||||||||||||
Andreas Bentzen | 74,797 | 149,594 | 186,993 | ||||||||||||||||
05/22/2023 | 54,772 | 7.55 | 193,714 | ||||||||||||||||
Are L. Brautaset | 57,155 | 114,310 | 142,888 | ||||||||||||||||
05/22/2023 | 41,853 | 7.55 | 148,023 | ||||||||||||||||
Tom Einar Jensen(7) | 199,182 | 398,363 | 497,954 | ||||||||||||||||
564,060 | 564,060 | 564,060 | |||||||||||||||||
08/10/2023 | 250,000 | 10.00 | 362,125 | ||||||||||||||||
08/10/2023 | 567,000 | 10.00 | 1,011,501 | (8) | |||||||||||||||
Jan Arve Haugen | 195,221 | 390,441 | 488,052 | ||||||||||||||||
05/22/2023 | 95,303 | 7.55 | 337,062 | ||||||||||||||||
Tove Nilsen Ljungquist | 77,939 | 155,877 | 194,847 | ||||||||||||||||
05/22/2023 | 57,072 | 7.55 | 201,849 |
DEF 14A
FREYR Battery, Inc.
29 Apr 24
Definitive proxy
7:23am
The following table provides information on the holdings of stock and option awards by our NEOs as of December 31, 2023. There were no other stock or option awards held by our NEOs as of December 31, 2023. For additional information about the awards, see the description of equity incentive compensation in the CD&A.
Option awards | Stock awards | ||||||||||||||||
Name | Number of Securities Underlying Unexercised Options Exercisable (#) | Number of Securities Underlying Unexercised Options Un-exercisable (#)(1) | Equity incentive plan awards: number of securities underlying unexercised unearned options (#) | Option Exercise Price ($) | Option Expiration Date | Number of shares or units of stock that have not vested (#)(2) | Market value of shares or units of stock that have not vested ($) | ||||||||||
Birger Steen | — | 468,630 | — | 6.77 | 08/21/2028 | — | — | ||||||||||
Oscar K. Brown | 83,333 | 166,667 | — | 7.39 | 05/09/2027 | 121,459 | 227,128 | ||||||||||
Oscar K. Brown | 75,000 | 150,000 | — | 8.47 | 06/09/2027 | — | — | ||||||||||
Oscar K. Brown | — | 300,000 | — | 7.55 | 05/22/2028 | — | — | ||||||||||
Jeremy Bezdek | 33,333 | 16,667 | — | 10.00 | 07/09/2026 | 35,411 | 66,219 | ||||||||||
Jeremy Bezdek | 16,666 | 33,334 | — | 11.83 | 08/18/2027 | — | — | ||||||||||
Jeremy Bezdek | — | 200,000 | — | 7.35 | 03/20/2028 | — | — | ||||||||||
Jeremy Bezdek | — | 150,000 | — | 7.06 | 03/20/2028 | — | — | ||||||||||
Andreas Bentzen | 33,592 | 67,185 | — | 12.95 | 09/07/2027 | — | — | ||||||||||
Andreas Bentzen | — | 54,772 | — | 7.55 | 05/22/2028 | — | — | ||||||||||
Are L. Brautaset | 44,759 | — | — | 3.51 | 12/31/2025 | — | — | ||||||||||
Are L. Brautaset | 790 | 395 | — | 10.00 | 07/09/2026 | — | — | ||||||||||
Are L. Brautaset | 66,667 | 33,333 | — | 10.00 | 09/01/2026 | — | — | ||||||||||
Are L. Brautaset | 50,000 | — | — | 11.50 | 07/09/2026 | — | — | ||||||||||
Are L. Brautaset | 13,731 | 27,462 | — | 8.47 | 06/09/2027 | — | — | ||||||||||
Are L. Brautaset | 359 | 719 | — | 12.95 | 09/07/2027 | — | — | ||||||||||
Are L. Brautaset | — | 41,853 | — | 7.55 | 05/22/2028 | — | — | ||||||||||
Tom Einar Jensen | 744,431 | (3) | — | — | 0.95 | 05/15/2024 | — | — | |||||||||
Tom Einar Jensen | 687,220 | (3) | — | — | 1.22 | 09/20/2025 | — | — | |||||||||
Tom Einar Jensen | 346,296 | (4) | 314,815 | (4) | — | 10.00 | 07/13/2026 | — | — | ||||||||
Tom Einar Jensen | — | — | 250,000 | (5) | 10.00 | 08/10/2028 | — | — | |||||||||
Jan Arve Haugan | 149,197 | (6) | — | — | 3.22 | 05/31/2024 | — | — | |||||||||
Jan Arve Haugan | 790 | (6) | 395 | — | 10.00 | 05/31/2024 | — | — | |||||||||
Jan Arve Haugan | 133,333 | (6) | 66,667 | — | 10.00 | 05/31/2024 | — | — | |||||||||
Jan Arve Haugan | 50,000 | — | — | 11.50 | 07/09/2026 | — | — | ||||||||||
Jan Arve Haugan | 31,207 | (6) | 62,414 | — | 8.47 | 05/31/2024 | — | — | |||||||||
Jan Arve Haugan | 855 | (6) | 1,712 | — | 12.95 | 05/31/2024 | — | — | |||||||||
Jan Arve Haugan | — | (6) | 95,303 | — | 7.55 | 05/31/2024 | — | — | |||||||||
Tove Nilsen Ljungquist | 67,139 | (6) | — | — | 1.14 | 03/31/2024 | — | — | |||||||||
Tove Nilsen Ljungquist | 1,185 | (6) | — | — | 10.00 | 03/31/2024 | — | — | |||||||||
Tove Nilsen Ljungquist | 100,000 | (6) | — | — | 10.00 | 03/31/2024 | — | — | |||||||||
Tove Nilsen Ljungquist | 50,000 | — | — | 11.50 | 07/09/2026 | — | — | ||||||||||
Tove Nilsen Ljungquist | 56,173 | (6) | — | — | 8.47 | 03/31/2024 | — | — | |||||||||
Tove Nilsen Ljungquist | 1,470 | (6) | — | — | 12.95 | 03/31/2024 | — | — | |||||||||
Tove Nilsen Ljungquist | 57,072 | (6) | — | — | 7.55 | 03/31/2024 | — | — |
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