- $2.2M in salary ($225k base + "stipend" + "parental benefit" + "salary adjustment")
- Bonus of $21k (?)
- $2.5M in stock
- $11.3M in options
- $25k in "other compensation)
All total $16M.
The COO got $26M.
This is all "compensation paid for the year ended Dec 31, 2019".
Doubly so when the core business driver is government connections.
So the $11M is the incremental increase in value of the new options versus the old options.
"The amount reflects the incremental increase in the fair value of the stock option to purchase 12,401,568 shares of our Class B common stock originally granted to Mr. Cohen in August 2015 with an exercise price of $7.05 per share arising from the cancellation of such stock option in exchange for the grant of a new stock option with an exercise price of $6.03 per share on November 6, 2019"
But what's your leverage to get it?
Obviously he had enough leverage to get it.