STEC » Topics » Summary Compensation Table

This excerpt taken from the STEC DEF 14A filed Apr 25, 2006.

Summary Compensation Table

 

                      Long Term
Compensation
Awards
      
      Year    Annual Compensation    Other Annual
Compensation ($)
    Securities
Underlying
Options (#)
   All Other
Compensation ($)
 

Name and Principal Position

      Salary ($)    Bonus ($)        

Manouch Moshayedi

Chief Executive Officer and Chairman of the Board of Directors

   2005
2004
2003
   489,600
250,000
250,000
   —  
—  
—  
   18,300
18,300
18,300
(1)
(1)
(1)
  300,000
—  
250,000
   27,400
26,900
26,100
(2)
(2)
(2)

Mike Moshayedi

President and Director

   2005
2004
2003
   369,800
250,000
250,000
   —  
—  
—  
   20,400
20,400
20,400
(1)
(1)
(1)
  100,000
—  
250,000
   27,400
26,900
24,000
(2)
(2)
(2)

Mark Moshayedi

Chief Operating Officer, Chief Technical Officer, Secretary and Director

   2005
2004
2003
   432,100
250,000
250,000
   —  
—  
—  
   15,100
15,100
14,900
(1)
(1)
(1)
  250,000
—  
250,000
   27,400
26,900
24,000
(2)
(2)
(2)

Dan Moses

Chief Financial Officer and Director

   2005
2004
2003
   297,500
240,000
192,500
   —  
—  
—  
   22,600
22,600
11,600
(1)
(1)
(4)
  100,000
200,000
200,000
   —  
6,300
6,000
 
(3)
(3)

(1) Consists of income imputed to the named executive officer for personal use of our automobiles.
(2) For the amounts shown (a) $20,400 represents income imputed to the named executive officer for premiums paid by us for life insurance policies owned by the named executive officer and (b) the balance represents 401(k) matching contributions made by us.
(3) Consists of 401(k) matching contributions made by us.
(4) Consists of income imputed to the named executive officer for personal use of our automobiles and an automobile allowance.

 

28


This excerpt taken from the STEC DEF 14A filed Apr 25, 2005.

Summary Compensation Table

 

                     Long Term
Compensation
Awards


       

Name and Principal Position


   Year

   Annual Compensation

   Other Annual
Compensation ($)


    Securities
Underlying
Options (#)


    All Other
Compensation ($)


 
      Salary ($)

   Bonus ($)

      

Manouch Moshayedi
Chief Executive Officer and
Chairman of the Board of Directors

   2004
2003
2002
   250,000
250,000
278,300
   —  
—  
—  
   18,300
18,300
—  
(1)
(1)
 
  —  
250,000
—  
 
 
 
  26,900
26,100
23,200
(2)
(2)
(2)

Mike Moshayedi
President and Director

   2004
2003
2002
   250,000
250,000
278,300
   —  
—  
—  
   20,400
20,400
—  
(1)
(1)
 
  —  
250,000
—  
 
 
 
  26,900
24,000
24,600
(2)
(2)
(2)

Mark Moshayedi
Chief Operating Officer, Chief Technical Officer,
Secretary and Director

   2004
2003
2002
   250,000
250,000
278,300
   —  
—  
—  
   15,100
14,900
—  
(1)
(1)
 
  —  
250,000
—  
 
 
 
  26,900
24,000
24,600
(2)
(2)
(2)

Dan Moses
Chief Financial Officer and Director

   2004
2003
2002
   240,000
192,500
168,100
   —  
—  
36,700
   22,600
11,600
9,000
(1)
(4)
(5)
  200,000
200,000
100,000
 
 
+
  6,300
6,000
5,500
(3)
(3)
(3)

+ These options were issued on June 24, 2002 in connection with our option exchange program.
(1) Consists of income imputed to the named executive officer for personal use of our automobiles.
(2) For the amounts shown (a) $20,400 represents income imputed to the named executive officer for premiums paid by us for life insurance policies owned by the named executive officer and (b) the balance represents 401(k) matching contributions made by us.
(3) Represents contribution to our 401(k) plan made on behalf of the named executive officer to match a portion of his elective deferral contributions to such plan.
(4) Consists of income imputed to the named executive officer for personal use of our automobiles and an automobile allowance.
(5) Consists of an automobile allowance for the named executive officer.

 

14


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