Velarion · Company Intelligence
Compensation Brief
Fiscal year 2022 · Filings through 2023-04-05

EngageSmart (ESMT)

Fiscal year 2022 executive and director compensation, incentive-plan design, equity activity, and governance — every figure in this brief is traceable to its exact location in the company’s SEC filing — the document, the section, the page, and the table, linked directly.

$4,455,061
Kevin O'Brien total, FY2022
President, Enterprise Solutionshighest-paid officer; CEO Robert Bennett: $958,500
CEO (Robert Bennett) pay percentile vs peers
CEO-to-median pay ratio
Say-on-pay support, latest vote
Companies that benchmark against ESMT
4 companies name ESMT as a compensation peer

Each company listed discloses ESMT in its own benchmarking peer group, as disclosed in each company's most recent proxy statement within the last two proxy seasons. Two companies are therefore absent by design: one that named ESMT in an earlier year and no longer does, and one whose own most recent disclosure is older than the last two seasons.

01

Summary Compensation Table — fiscal year 2022

Named executive officerSalaryBonusStock awardsOption awardsNon-equity incentivePension / NQDCAll otherTotal
Kevin O'Brien$412,500$0$3,836,176$0$201,773$4,613$4,455,061
President, Enterprise Solutions
Scott Semel270,83302,292,7020162,1171,8282,727,480
Chief Legal Officer
Robert Bennett600,000000357,0001,500958,500
Chief Executive Officer

A dash means the company reported no figure in that column; 0 means it reported zero. Figures are as printed in the filing, without adjustment.

Three-year trend — total compensation per named executive

Named executive officerFY2022 totalFY2021 totalFY2020 totalΔ FY20212022
Kevin O'Brien$4,455,061
Scott Semel2,727,480
Robert Bennett958,500

Prior-year totals as disclosed in the corresponding proxy; deltas are computed values with the derivation shown in the register.

02

Equity transactions since the proxy statement was filed

No insider equity transactions reported since the proxy statement.

03

Grants of plan-based awards — fiscal year 2022

ExecutiveAwardGrant dateThresholdTargetGrantedMaximumGrant-date fair value
Kevin O'BrienOTHER$3,836,176
Scott SemelOTHER2,292,702
03b

Vehicle mix — grant-date fair value by award type

Grant-level vehicle detail not disclosed.

% performance-vested = PSU grant-date fair value ÷ (RSU + PSU + Options), a computed value with the derivation shown in the register.

04

Outstanding equity awards at fiscal year-end 2022

ExecutiveAwardShares unvestedExercise priceMarket value unvested
Robert BennettOption337,5005.67
Scott SemelRSU107,2861,888,234
Robert BennettRSU28,846507,690
Kevin O'BrienRSU169,0692,975,614
05

Incentive-plan design — the Compensation Discussion & Analysis

The base salary payable to each named executive officer is intended to provide a fixed component of compensation reflecting the executive's skill set, experience, role and responsibilities.

CEO STI target (% of salary)50%
CEO LTI target (% of salary)
Independent consultantCompensia, Inc.
Clawback policytrue
Anti-hedgingtrue
Anti-pledgingFalse
08

Director compensation — fiscal year 2022

DirectorCash feesStock awardsOption awardsNon-equity incentiveAll otherTotal
Diego RodriguezIndependent · Audit · Nominating and Corporate Governance · Newly elected$62,517$444,519$0$0$0$507,036
David MangumIndependent · Audit (Chair)80,000170,000000250,000
Deborah A. DunnamIndependent · Audit70,418170,000000240,418
Raph OsnossNot independent · Nominating and Corporate Governance000000
Matthew G. HamiltonNot independent · Compensation000000
Preston McKenzieNot independent · Compensation (Chair)000000
Robert P. BennettEmployee director00000
Paul G. StamasNot independent · Board Chair · Compensation · Nominating and Corporate Governance (Chair)000000
09

Board fee structure and ownership guideline

Annual cash retainer$60,000
Annual equity retainer$170,000
Per board meeting fee
Committee chair fees (audit / comp / nom-gov)10,000 / 22,500 / 10,000
Stock ownership guideline
09b

Total cost of the board

ComponentFY2022
Cash retainers and fees$212,935
Equity awards (grant-date value)$784,519
All other compensation$0
Total cost of the board$997,454

Computed as the sum of the director compensation table rows above; inputs and formula shown in the register.

10b

Chief executive pay against the peer group

Most recent fiscal-year chief executive compensation at each disclosed peer, taken from that company's own proxy statement.

RankCompanyFYChief executiveSalaryStock awardsOption awardsNon-equity incentiveTotal
1EngageSmart2022Robert Bennett$600,000$0$0$357,000$958,500

Each peer's compensation is from its most recently filed proxy; fiscal years differ by company. Each peer's figures come from its own filings; the subject company is highlighted. Peers whose chief executive compensation is outside our coverage universe are stated as such, never left blank.

11

Source register

Each figure's location is given both for the eye (section · page · table · row · column) and for a script (table/row/column index and exact character span in the filed document). Any figure can be independently confirmed against the source.

#SupportsDocumentFiledAccessionLocation in document
1Section 01, Kevin O'BrienDEF 14A2023-04-050000950170-23-011925Section “Summary compensation table” · page 23. As printed: 4,455,061. Filing ↗machine: t16 · r4 · c7 · span 474665–474674
2Section 01, Scott SemelDEF 14A2023-04-050000950170-23-011925Section “Summary compensation table” · page 23. As printed: 2,727,480. Filing ↗machine: r6 · c7 · span 482515–482524
3Section 01, Robert BennettDEF 14A2023-04-050000950170-23-011925Section “Summary compensation table” · page 23. As printed: 958,500. Filing ↗machine: r2 · c7 · span 466903–466910
4Section 03, Kevin O'Brien OTHERDEF 14A2023-04-050000950170-23-011925Section “EXECUTIVE AND DIRECTOR COMPENSATION” · grants of plan-based awards table. Filing ↗machine: t16 · r4 · c3 · span 472744–472753
5Section 03, Scott Semel OTHERDEF 14A2023-04-050000950170-23-011925Section “EXECUTIVE AND DIRECTOR COMPENSATION” · grants of plan-based awards table. Filing ↗machine: t16 · r6 · c3 · span 480594–480603
6Section 08, Diego RodriguezDEF 14A2023-04-050000950170-23-011925Section “Director Compensation”. As printed: 507,036. Filing ↗machine: t18 · r8 · c8 · span 609426–609433
7Section 08, David MangumDEF 14A2023-04-050000950170-23-011925Section “Director Compensation”. As printed: 250,000. Filing ↗machine: t18 · r5 · c8 · span 595993–596000
8Section 08, Deborah A. DunnamDEF 14A2023-04-050000950170-23-011925Section “Director Compensation”. As printed: 240,418. Filing ↗machine: t18 · r3 · c8 · span 587039–587046
9Section 08, Raph OsnossDEF 14A2023-04-050000950170-23-011925Section “Director Compensation”. As printed: 0. Filing ↗
10Section 08, Matthew G. HamiltonDEF 14A2023-04-050000950170-23-011925Section “Director Compensation”. As printed: 0. Filing ↗
11Section 08, Preston McKenzieDEF 14A2023-04-050000950170-23-011925Section “Director Compensation”. As printed: 0. Filing ↗
12Section 08, Robert P. BennettDEF 14A2023-04-050000950170-23-011925Section “Director Compensation”. As printed: 0. Filing ↗
13Section 08, Paul G. StamasDEF 14A2023-04-050000950170-23-011925Section “Director Compensation”. As printed: 0. Filing ↗
14Section 09b board cost (computed)ComputedcomputedCash 212,935 + equity 784,519 + all other 0 = 997,454, summed across the director compensation table rows.machine: formula: Σ = 997,454
15EngageSmart (subject), Section 10b CEO totalDEF 14A2023-04-050000950170-23-011925CEO total compensation as printed in EngageSmart's own proxy. As printed: 958,500. Filing ↗machine: r2 · c7 · span 466903–466910