Intel’s stock award to lure Gelsinger as chief was worth $169.5mn
ft.com
ft.com
Usually you get the full amount based on how well the stock does, and Intel's stock has been poor, so I don't know if he really got all of it. The article isn't clear.
Here is the relevant filing:
https://www.sec.gov/Archives/edgar/data/0000050863/000005086...
It says:
> Furthermore, 73% of the awards’ target value requires significant stock price appreciation in order for the awards to be earned.
Going further into the details, it seems that he scored a 0 on that 73%, although the timeline to hit those targets is 3 years, so he could still achieve it.
He got 27% of the amount in RSUs that will vest over 3 years, so he got some compensation out of it.
He got a sign on cash bonus of $1.75M, and his base salary was $1.25M. He got a few other performance bonuses in cash.
So the amount he actually earned in 2021 is not a huge amount. He merely has the potential to hit a huge number if Intel's stock does well. It likely will not hit the targets set forth in the 3 year period, given all the capital investment going on.