Velarion · Company Intelligence
Compensation Brief
Fiscal year 2024 · Filings through 2025-09-25

Sonder Holdings (SOND)

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.

$477,865
Dominique Bourgault total, FY2024
Former Chief Financial Officerhighest-paid officer; CEO Francis Davidson: $362,469
CEO (Francis Davidson) pay percentile vs peers
CEO-to-median pay ratio
Say-on-pay support, latest vote
Companies that benchmark against SOND
No companies currently name SOND as a compensation peer in their most recent disclosure.

This is the complete answer, not a partial one — the list is never padded.

01

Summary Compensation Table — fiscal year 2024

Named executive officerSalaryBonusStock awardsOption awardsNon-equity incentivePension / NQDCAll otherTotal
Dominique Bourgault$477,865$0$0$0$0$0$0$477,865
Former Chief Financial Officer
Katherine Potter450,86500000717451,582
Former Chief Legal and Administrative Officer
Martin Picard378,708000003,083381,791
Former Chief Real Estate Officer
Francis Davidson360,000000002,469362,469
Former 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 officerFY2024 totalFY2023 totalFY2022 totalΔ FY20232024
Dominique Bourgault$477,865$1,730,978−1,253,113
Katherine Potter451,582121,154+330,428
Martin Picard381,791861,425−479,634
Francis Davidson362,4691,559,990−1,197,521

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 2024

ExecutiveAwardGrant dateThresholdTargetGrantedMaximumGrant-date fair value
Francis DavidsonPSU2025-03-012,243,747
Francis DavidsonRSU2025-03-01560,937
Martin PicardRSU2025-03-01469,811
Martin PicardPSU2025-03-011,096,227
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 2024

ExecutiveAwardShares unvestedExercise priceMarket value unvested
Francis DavidsonPSU464,999$1,478,697
Francis DavidsonOption70,40018.09
Martin PicardPSU999,9963,179,988
Francis DavidsonRSU74,942238,316
Francis DavidsonOption236,43134.8
Martin PicardOption52534.8
Martin PicardOption21734.8
Martin PicardOption21,88634.8
Martin PicardOption28,15918
Martin PicardOption4,3007.4
05

Incentive-plan design — the Compensation Discussion & Analysis

Sonder's executive compensation program is designed to attract, retain, and motivate talented leaders by providing market-competitive opportunities and aligning executive interests with stockholder value through a significant portion of compensation tied to performance. The program aims to encourage appropriate risk-taking and drive collaboration towards long-term business goals.

CEO STI target (% of salary)
CEO LTI target (% of salary)
Independent consultantFerguson Partners Consulting L.P.
Clawback policytrue
Anti-hedgingtrue
Anti-pledgingtrue
08

Director compensation — fiscal year 2024

DirectorCash feesStock awardsOption awardsNon-equity incentiveAll otherTotal
Janice SearsEmployee director · Board Chair · Compensation$82,230$0$0$82,230
Michelle FrymireIndependent · Audit (Chair) · Investment (Chair) · Nominating73,7650073,765
Prashant (Sean) AggarwalIndependent · Compensation · Nominating · Departed during FY51,2300051,230
Frits Dirk van PaasschenIndependent · Audit · Investment48,7380048,738
Simon TurnerIndependent · Compensation (Chair) · Investment45,1310045,131
Sanjay BankerNot independent35,0000035,000
Nabeel HyattIndependent · Departed during FY0000
Erin WallaceIndependent · Audit · Compensation · Nominating (Chair) · Newly elected
Paul AronzonIndependent · Newly elected
Jeffrey SteinIndependent · Newly elected
09

Board fee structure and ownership guideline

Annual cash retainer$65,000
Annual equity retainer$125,000
Per board meeting fee$1,500
Committee chair fees (audit / comp / nom-gov)25,000 / 20,000 / 15,000
Stock ownership guideline$4
09b

Total cost of the board

ComponentFY2024
Cash retainers and fees$336,094
Equity awards (grant-date value)$0
All other compensation$0
Total cost of the board$336,094

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
1Sonder Holdings2024Francis Davidson$360,000$0$0$0$362,469

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, Dominique BourgaultDEF 14A2025-09-250001819395-25-000120Section “Executive Compensation”. As printed: 477,865. Filing ↗machine: span 461952–461959
2Section 01, Katherine PotterDEF 14A2025-09-250001819395-25-000120Section “Executive Compensation”. As printed: 451,582. Filing ↗machine: span 474332–474339
3Section 01, Martin PicardDEF 14A2025-09-250001819395-25-000120Section “Executive Compensation”. As printed: 381,791. Filing ↗machine: span 468921–468928
4Section 01, Francis DavidsonDEF 14A2025-09-250001819395-25-000120Section “Executive Compensation”. As printed: 362,469. Filing ↗machine: span 457905–457912
5Section 03, Francis Davidson PSUDEF 14A2025-09-250001819395-25-000120Section “Executive Compensation” · grants of plan-based awards table. Filing ↗machine: span 488818–488827
6Section 03, Francis Davidson RSUDEF 14A2025-09-250001819395-25-000120Section “Executive Compensation” · grants of plan-based awards table. Filing ↗machine: span 488849–488856
7Section 03, Martin Picard RSUDEF 14A2025-09-250001819395-25-000120Section “Executive Compensation” · grants of plan-based awards table. Filing ↗machine: span 488913–488920
8Section 03, Martin Picard PSUDEF 14A2025-09-250001819395-25-000120Section “Executive Compensation” · grants of plan-based awards table. Filing ↗machine: span 488882–488891
9Section 08, Janice SearsDEF 14A2025-09-250001819395-25-000120Section “Director Compensation”. As printed: 82,230. Filing ↗machine: span 310321–310446
10Section 08, Michelle FrymireDEF 14A2025-09-250001819395-25-000120Section “Director Compensation”. As printed: 73,765. Filing ↗machine: span 311594–311719
11Section 08, Prashant (Sean) AggarwalDEF 14A2025-09-250001819395-25-000120Section “Director Compensation”. As printed: 51,230. Filing ↗machine: span 313087–313212
12Section 08, Frits Dirk van PaasschenDEF 14A2025-09-250001819395-25-000120Section “Director Compensation”. As printed: 48,738. Filing ↗machine: span 309052–309177
13Section 08, Simon TurnerDEF 14A2025-09-250001819395-25-000120Section “Director Compensation”. As printed: 45,131. Filing ↗machine: span 315614–315739
14Section 08, Sanjay BankerDEF 14A2025-09-250001819395-25-000120Section “Director Compensation”. As printed: 35,000. Filing ↗machine: span 314357–314482
15Section 08, Nabeel HyattDEF 14A2025-09-250001819395-25-000120Section “Director Compensation”. As printed: 0. Filing ↗
16Section 08, Erin WallaceDEF 14A2025-09-250001819395-25-000120Section “Director Compensation”. As printed: —. Filing ↗
17Section 08, Paul AronzonDEF 14A2025-09-250001819395-25-000120Section “Director Compensation”. As printed: —. Filing ↗
18Section 08, Jeffrey SteinDEF 14A2025-09-250001819395-25-000120Section “Director Compensation”. As printed: —. Filing ↗
19Section 01 trend, Δ column (computed)ComputedcomputedΔ = current-FY total − prior-FY total per named officer.machine: formula: Δ = FY(n) − FY(n−1)
20Section 09b board cost (computed)ComputedcomputedCash 336,094 + equity 0 + all other 0 = 336,094, summed across the director compensation table rows.machine: formula: Σ = 336,094
21Sonder Holdings (subject), Section 10b CEO totalDEF 14A2025-09-250001819395-25-000120CEO total compensation as printed in Sonder Holdings's own proxy. As printed: 362,469. Filing ↗machine: span 457905–457912