Chief Services Officer · MODEL N, INC. (MODN)

Mark Anderson

For fiscal year 2023, Mark Anderson, Chief Services Officer at Model N, Inc., received total compensation of $2,498,491. This included a base salary of $357,000, a cash bonus of $173,594, and stock-based compensation of $1,966,794.

A named executive officer of MODEL N in every fiscal year CompBrief holds from FY2022 to FY2023. Every figure below is printed as the company filed it and cited to the filing it came from.

Total disclosed compensation, FY2023

$2,498,491

FY2022: $2,544,998

Compensation figures as of the proxy filed January 5, 2024 (DEF 14A).

Mark Anderson compensation by year

MODEL N Summary Compensation Table · all 2 fiscal years held
In US dollars, as MODEL N reports it. Most recent year shaded. Totals are the company’s disclosed totals.
ComponentFY2022FY2023
Salary$340,000$357,000
Bonus$0$0
Stock awards$1,906,446$1,966,794
Option awards$0$0
Non-equity incentive$298,552$173,594
Pension and deferred compensation$0$0
All other$0$1,103
Total$2,544,998$2,498,491

Each year as stated in that year's proxy. A dash means the company reported no figure in that column. Source: MODEL N, INC. DEF 14A filed January 5, 2024, accession 0001118417-24-000010, and prior-year filings. Open the filing on EDGAR.

$2.5M
$2.5M
FY22
FY23
SalaryNon-equity incentiveStock awardsAll other

Equity holdings

unvested awards at FY2023 year-end
TypeUnvested unitsValue at year-endExercise price
RSU23,068$563,090—
PSU15,889$387,850—
RSU13,403$327,167—
RSU12,222$298,339—
PSU4,786$116,826—
RSU4,485$109,479—
RSU1,008$24,605—

Per the Outstanding Equity Awards at Fiscal Year-End table in MODEL N, INC.'s FY2023 proxy; value at the fiscal year-end close, as the company printed it.

Change-in-control & termination

estimated payments MODEL N discloses, by trigger · FY2023
TriggerCash severanceAccelerated equityBenefits continuationTotal as disclosed
Change in control and involuntary termination$589,050$2,327,982$20,035$2,937,067
Involuntary termination without cause$410,550$0$10,018$420,568

Per the Potential Payments Upon Termination or Change in Control table in MODEL N, INC.'s FY2023 proxy. Estimates as the company printed them; a dash means it printed no figure.

MODEL N’s named executive officers, FY2023

as the company reported each
Named executive officerRoleFY2023 total
Jason BlessingChief Executive Officer and Board member$6,877,671
John EdererChief Financial Officer$3,064,239
Chris LyonChief Revenue Officer$2,962,826
Suresh KannanChief Product Officer$2,505,504
Mark Anderson · this pageChief Services Officer$2,498,491

The full MODEL N compensation record

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How this record is built

Every figure on this page is one figure from a public SEC filing, printed as the filing states it and cited to the document. Compensation totals are MODEL N's own disclosed totals, not summed by Velarion. Insider transactions are read from Form 4 filings and cover every line filed since the most recent proxy. Nothing is estimated by Velarion; where the company does not disclose a value the cell reads "—", and a section appears only where the company discloses the data. Corrections: records@velarion.ai.

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