According to the SEC filings, our CEO closed the deal by executing 605,540 shares, which gave him $14.5 million dollars, not a bad payday on our backs. The source of this information is NextGen's SEC filings (form-4) dated 11/13/2023.
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Ki-ler of culture. The most selfish executive I ever knew. The true definition of ‘fail forward’
In various filings and I believe in the proxy, it showed him with a total payout of 22 million dollars which included stocks, bonuses and salary.
I believe Sides and other board members received money in addition to their stock conversion profit.
If you were a stock holder and signed the proxy, there were yes/no checkboxes and one of them specifically mentioned extra bonus for board members and/or ELT. I apologize though, I don't remember the exact wording.
This was not a bonus payout to him and the other execs. This was the money received from the sell of their stock since NextGen is private again and yes, Donna Greene got money too if she held any stock.
https://histalk2.com/2023/11/18/monday-morning-update-11-20-23/
Donna Greene did not accept a bonus, she told management that she was thrilled to inform people of the lay off and that it would be a professional career milestone for her.
$14.5 million? Now maybe he can get a decent looking haircut and do a make over where he doesn’t look like an entitled frat boy with pending s*xual as--ult charges.
David Sides, you can count on him for taking the side that will cut you out.
Just went to review those filings, looks like the CFO, James Arnold got $12.5 million. Anyone know what Donna Greene hauled in?