other material
confidence high
sentiment neutral
materiality 0.50
MediaAlpha awards CEO and CTO 2021 stock bonuses, raises salaries, switches bonus plan to stock
MediaAlpha, Inc.
- 2021 bonuses: CEO Yi and CTO Nonko each earned $440,000 (80% of $550k target), settled in 32,200 RSUs at $13.67/share.
- 2022 base salaries set at $550,000 each; target bonuses $550,000 each, based on Transaction Value and Adjusted EBITDA.
- 2022 RSU grants: 292,700 RSUs each, vesting quarterly from May 15, 2022 through Feb 15, 2026.
- Employment agreements amended to replace future cash bonuses with performance-vesting RSUs, effective fiscal 2022.