Fiscal year 2024 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.
Each company listed discloses LAZR 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 LAZR in an earlier year and no longer does, and one whose own most recent disclosure is older than the last two seasons.
| Named executive officer | Salary | Bonus | Stock awards | Option awards | Non-equity incentive | Pension / NQDC | All other | Total |
|---|---|---|---|---|---|---|---|---|
| Thomas Fennimore | $300,000 | $3,125,100 | $1,499,996 | $0 | $0 | $0 | $0 | $4,925,096 |
| Chief Financial Officer | ||||||||
| Alan Prescott | 300,000 | 1,850,000 | 1,754,098 | 0 | 0 | 0 | 0 | 3,904,098 |
| Former Chief Legal Officer and Secretary | ||||||||
| Austin Russell | 0 | 0 | 0 | 0 | 0 | 0 | 497,253 | 497,253 |
| Former President and 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.
| Named executive officer | FY2024 total | FY2023 total | FY2022 total | Δ FY2023→2024 |
|---|---|---|---|---|
| Thomas Fennimore | $4,925,096 | $2,843,142 | — | +2,081,954 |
| Alan Prescott | 3,904,098 | 2,131,097 | — | +1,773,001 |
| Austin Russell | 497,253 | 734,499 | — | −237,246 |
Prior-year totals as disclosed in the corresponding proxy; deltas are computed values with the derivation shown in the register.
No insider equity transactions reported since the proxy statement.
| Executive | Award | Shares unvested | Exercise price | Market value unvested |
|---|---|---|---|---|
| Alan Prescott | RSU | 55,000 | — | $295,900 |
| Austin Russell | RSU | 720,000 | — | 3,873,600 |
| Thomas Fennimore | RSU | 33,333 | — | 179,332 |
| Thomas Fennimore | Option | 0 | 25.05 | — |
| Thomas Fennimore | RSU | 15,180 | — | 81,668 |
Executive compensation program designed to attract and retain qualified executives while aligning their interests with stockholders through pay-for-performance approach.
| CEO STI target (% of salary) | — |
|---|---|
| CEO LTI target (% of salary) | — |
| Independent consultant | not disclosed |
| Clawback policy | true |
| Anti-hedging | true |
| Anti-pledging | true |
| Meeting year | Meeting date | For | Against | Abstain | Support | Outcome |
|---|---|---|---|---|---|---|
| 2025 | 2025-07-03 | 3,544,018 | 51,497,754 | 135,767 | 6.44% | Failed |
| 2023 | 2023-06-07 | 997,218,441 | 30,002,221 | 484,352 | 97.03% | Passed |
| 2022 | 2022-06-07 | 1,010,271,695 | 3,152,237 | 343,087 | 99.69% | Passed |
Rows are labeled by annual-meeting year, with the meeting date beside each; the vote held in a given year acts on the prior fiscal year's compensation.
| Meeting year | Meeting date | Approval — company's computation |
|---|---|---|
| 2025 | 2025-07-03 | 6.44%a |
| 2023 | 2023-06-07 | 97.03%b |
| 2022 | 2022-06-07 | 99.69%c |
a. Approved under the standard stated in the filing — “Abstentions have no effect on Proposals One, Two, Three, Four or Five.”.
b. Approved under the standard stated in the filing — “Abstentions have no effect on Proposal One, Two or Three.”.
c. Approved under the standard stated in the filing — “Abstentions have no effect on Proposal One, Two, Three, Four or Five.”.
Approval percentages are the company's own reported computations under its own stated standard, not recomputed by Velarion. Where a company does not state a standard, none is assumed.
| Director | Cash fees | Stock awards | Option awards | Non-equity incentive | All other | Total |
|---|---|---|---|---|---|---|
| Dominick SchianoIndependent · Audit · Newly elected | $12,500 | $486,887 | $0 | $0 | $0 | $499,387 |
| Matthew J. SimonciniIndependent · Lead Independent Director · Audit · Compensation & Human Capital Management | 87,785 | 192,245 | 0 | 0 | 0 | 280,030 |
| Katharine A. MartinIndependent · Compensation & Human Capital Management (Chair) · Nominating & ESG | 76,393 | 192,245 | 0 | 0 | 0 | 268,638 |
| Jun Hong HengIndependent · Audit · Departed during FY | 72,500 | 192,245 | 0 | 0 | 0 | 264,745 |
| Mary Lou JepsenIndependent · Compensation & Human Capital Management · Nominating & ESG (Chair) | 71,393 | 192,245 | 0 | 0 | 0 | 263,638 |
| Daniel D. TempestaIndependent · Audit (Chair) | 65,285 | 192,245 | 0 | 0 | 0 | 257,530 |
| Shaun MaguireIndependent · Nominating & ESG | 55,000 | 192,245 | 0 | 0 | 0 | 247,245 |
| Alec E. GoresIndependent · Audit · Compensation · Capital · Human Capital · Investment | 51,393 | 192,245 | 0 | 0 | 0 | 243,638 |
| Austin RussellEmployee director | 0 | 0 | 0 | 0 | 0 | 0 |
| Paul RicciEmployee director · Newly elected | 0 | 0 | 0 | 0 | 0 | 0 |
| Annual cash retainer | $50,000 |
|---|---|
| Annual equity retainer | $200,000 |
| Per board meeting fee | — |
| Committee chair fees (audit / comp / nom-gov) | 25,000 / 20,000 / 10,000 |
| Stock ownership guideline | — |
| Component | FY2024 |
|---|---|
| Cash retainers and fees | $492,249 |
| Equity awards (grant-date value) | $1,832,602 |
| All other compensation | $0 |
| Total cost of the board | $2,324,851 |
Computed as the sum of the director compensation table rows above; inputs and formula shown in the register.
Most recent fiscal-year chief executive compensation at each disclosed peer, taken from that company's own proxy statement.
| Rank | Company | FY | Chief executive | Salary | Stock awards | Option awards | Non-equity incentive | Total |
|---|---|---|---|---|---|---|---|---|
| 1 | Luminar Technologies | 2024 | Austin Russell | $0 | $0 | $0 | $0 | $497,253 |
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.
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.
| # | Supports | Document | Filed | Accession | Location in document |
|---|---|---|---|---|---|
| 1 | Section 01, Thomas Fennimore | DEF 14A | 2025-06-06 | 0001628280-25-029810 | Section “2024 Summary Compensation Table”. As printed: 4,925,096. Filing ↗machine: r7 · c42 · span 378254–378263 |
| 2 | Section 01, Alan Prescott | DEF 14A | 2025-06-06 | 0001628280-25-029810 | Section “2024 Summary Compensation Table”. As printed: 3,904,098. Filing ↗machine: r11 · c42 · span 385862–385871 |
| 3 | Section 01, Austin Russell | DEF 14A | 2025-06-06 | 0001628280-25-029810 | Section “2024 Summary Compensation Table”. As printed: 497,253. Filing ↗machine: span 369914–369921 |
| 4 | Section 08, Dominick Schiano | DEF 14A | 2025-06-06 | 0001628280-25-029810 | Section “Director Compensation”. As printed: 499,387. Filing ↗machine: t14 · r8 · c10 · span 262115–262122 |
| 5 | Section 08, Matthew J. Simoncini | DEF 14A | 2025-06-06 | 0001628280-25-029810 | Section “Director Compensation”. As printed: 280,030. Filing ↗machine: t14 · r3 · c10 · span 253150–253157 |
| 6 | Section 08, Katharine A. Martin | DEF 14A | 2025-06-06 | 0001628280-25-029810 | Section “Director Compensation”. As printed: 268,638. Filing ↗machine: t14 · r5 · c10 · span 256679–256686 |
| 7 | Section 08, Jun Hong Heng | DEF 14A | 2025-06-06 | 0001628280-25-029810 | Section “Director Compensation”. As printed: 264,745. Filing ↗machine: t14 · r6 · c10 · span 258441–258448 |
| 8 | Section 08, Mary Lou Jepsen | DEF 14A | 2025-06-06 | 0001628280-25-029810 | Section “Director Compensation”. As printed: 263,638. Filing ↗ |
| 9 | Section 08, Daniel D. Tempesta | DEF 14A | 2025-06-06 | 0001628280-25-029810 | Section “Director Compensation”. As printed: 257,530. Filing ↗machine: t14 · r9 · c10 · span 263878–263885 |
| 10 | Section 08, Shaun Maguire | DEF 14A | 2025-06-06 | 0001628280-25-029810 | Section “Director Compensation”. As printed: 247,245. Filing ↗ |
| 11 | Section 08, Alec E. Gores | DEF 14A | 2025-06-06 | 0001628280-25-029810 | Section “Director Compensation”. As printed: 243,638. Filing ↗machine: t14 · r2 · c13 · span 251359–251366 |
| 12 | Section 08, Austin Russell | DEF 14A | 2025-06-06 | 0001628280-25-029810 | Section “Director Compensation”. As printed: 0. Filing ↗ |
| 13 | Section 08, Paul Ricci | DEF 14A | 2025-06-06 | 0001628280-25-029810 | Section “Director Compensation”. As printed: 0. Filing ↗ |
| 14 | Section 06, 2025 vote | Form 8-K | 2025-07-08 | 0001628280-25-034521 | Item 5.07 · say-on-pay result. As reported: 6.44% (votes for as printed: 3,544,018). Filing ↗ |
| 15 | Section 06, 2023 vote | Form 8-K | 2023-06-09 | 0001628280-23-021717 | Item 5.07 · say-on-pay result. As reported: 97.03% (votes for as printed: 997,218,441). Filing ↗ |
| 16 | Section 06, 2022 vote | Form 8-K | 2022-06-08 | 0001628280-22-016598 | Item 5.07 · say-on-pay result. As reported: 99.69%. Filing ↗ |
| 17 | Section 01 trend, Δ column (computed) | Computed | — | computed | Δ = current-FY total − prior-FY total per named officer.machine: formula: Δ = FY(n) − FY(n−1) |
| 18 | Section 09b board cost (computed) | Computed | — | computed | Cash 492,249 + equity 1,832,602 + all other 0 = 2,324,851, summed across the director compensation table rows.machine: formula: Σ = 2,324,851 |
| 19 | Luminar Technologies (subject), Section 10b CEO total | DEF 14A | 2025-06-06 | 0001628280-25-029810 | CEO total compensation as printed in Luminar Technologies's own proxy. As printed: 497,253. Filing ↗machine: span 369914–369921 |