Greg Capelli--$7.3M, Sean Martin--$5.6M, J. Mitchell Bowling--$3.3M, Tim Slottow--$2.7M, Greg Iverson--$2.6M. P. 116 from..................................... https://www.sec.gov/Archives/edgar/data/929887/000119312516495780/d147071dprem14a.htm#toc147071_48
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UOP executives are just a pack of thieves - stealing our tax dollars to pad their pockets and take expensive trips while destroying the lives of students and employees. Shame and a sham! Run! Run!
How many Enrollment Advisors is mgt trying to fire or get them to quit? I take it they are trying to do this before August...is that correct? I get that impression...it is very obvious to me. Share your thoughts everyone or what you know asap.....thanks
Did anyone here get to go to Lowes Ventana Canyon Resort and Spa?
Read the 364 page filing folks. It was released a few days after the announcement of the sale. Of course the board and Greg are taking care of the circle.
Not sure why idiots are upset with the OP for telling the truth. I suggest you be pissed at your leadership folks for making a bunch of money and you make a little more than minimum wage.
WOW! It's good to be a boss. I thought the parachute was designed to land at the jail's roof top aiming for the bull's eye target marking.
@ Sorry Camden. This may seem obvious, but we all wish we could make that kind of money "running" a company into the ground.
Point missed; this is a posting from SEC and there is actually a section labeled GOLDEN PARACHUTE COMPENSATION. These are the amounts these people are taking as compensation (part of buy-out) for poor management and the lives of all the people that are now being laid off. It is astounding the rewards handed out for bad behavior/bad results 60 Million loss and they still get paid...these guys should be sharing cells with Bernie Madoff. Sad, Sad.
What it says:
ADVISORY VOTE ON MERGER-RELATED COMPENSATION FOR
THE COMPANY’S NAMED EXECUTIVE OFFICERS
Golden Parachute Compensation
This section sets forth the information required by Item 402(t) of Regulation S-K regarding the compensation for each named executive officer of the Company that is based on or otherwise relates to the merger. This compensation is referred to as “golden parachute” compensation by the applicable SEC disclosure rules, and in this section we use such term to describe the merger-related compensation payable to our named executive officers. The “golden parachute” compensation payable to these individuals is subject to a non-binding advisory vote of the Company’s shareholders, as described below in this section.
The estimated value of the payments and benefits that the Company’s named executive officers will receive in connection with the merger are quantified below in accordance with Item 402(t) of Regulation S-K. The estimated values are based on (i) per share merger consideration of $9.50, (ii) salary, target bonus levels and equity award holdings as of the date of this proxy statement, (iii) a merger closing assumed to occur on March 4, 2016 (the last practicable date determined in accordance with Item 402(t) of Regulation S-K) and (iv) a termination of each named executive officer by the Company without “cause” or by the executive for “good reason” on the closing date. Depending on when the merger occurs, certain equity awards that are now unvested and included in the table below may vest pursuant to the terms of the equity awards based on the completion of continued service with the Company, independent of the merger. In addition, the amounts indicated below are estimates based on multiple assumptions that may or may not actually occur, including assumptions described in this proxy statement, and do not reflect certain compensation actions that may occur before completion of the merger. As a result, the actual amounts, if any, to be received by a named executive officer may materially differ from the amounts set forth below. All dollar amounts have been rounded to the nearest whole dollar.
Name Cash ($)(1) Equity ($)(2) Perquisites/
Benefits ($)(3) Total ($)
Gregory W. Cappelli $4,208,188 $3,124,598 $3,969 $7,336,755
Gregory J. Iverson $ 981,776 $ 1,718,341 $3,969 $2,704,086
Joseph L. D’Amico(4) — — — —
J. Mitchell Bowling $1,456,489 $1,820,419 $3,969 $3,280,877
Sean B. Martin $ 1,431,757 $4,236,905 $3,969 $5,672,631
Timothy P. Slottow $1,993,745 $716,661 $3,969 $2,714,375
Brian L. Swartz(5) — — — —
All on this website: https://www.sec.gov/Archives/edgar/data/929887/000119312516495780/d147071dprem14a.htm#toc147071_48
Sorry Camden, you clearly don't make this kind of money. Possibly you should stop trolling layoff boards and go to work running a company.