Matthew H. Klein compensation by year
Spirit Airlines Summary Compensation Table · the one fiscal year held| Component | FY2023 |
|---|---|
| Salary | $422,917 |
| Bonus | $855,000 |
| Stock awards | $999,976 |
| Option awards | $0 |
| Non-equity incentive | $574,571 |
| Pension and deferred compensation | $0 |
| All other | $30,755 |
| Total | $2,883,219 |
Each year as stated in that year's proxy. A dash means the company reported no figure in that column. Source: Spirit Airlines DEF 14A filed April 25, 2024, accession 0001193125-24-114028, and prior-year filings. Open the filing on EDGAR.
Equity holdings
unvested awards at FY2023 year-end| Type | Unvested units | Value at year-end | Exercise price |
|---|---|---|---|
| RSU | 56,882 | $932,296 | — |
| RSU | 25,367 | $415,765 | — |
| RSU | 10,303 | $168,866 | — |
| PSU | 9,659 | $158,311 | — |
| RSU | 7,727 | $126,646 | — |
Per the Outstanding Equity Awards at Fiscal Year-End table in Spirit Airlines's FY2023 proxy; value at the fiscal year-end close, as the company printed it.
Change-in-control & termination
estimated payments Spirit Airlines discloses, by trigger · FY2023| Trigger | Cash severance | Accelerated equity | Benefits continuation | Total as disclosed |
|---|---|---|---|---|
| Voluntary resignation | $0 | $0 | $0 | $0 |
| Involuntary termination without cause | $425,000 | $0 | $17,400 | $1,313,836 |
| Involuntary for cause | $0 | $0 | $0 | $0 |
| Change in control and involuntary termination | $2,048,321 | $1,386,570 | $17,400 | $4,323,727 |
| Disability | $0 | $963,550 | $0 | $1,388,550 |
| Death | $0 | $963,550 | $0 | $1,388,550 |
| Change in control, no termination | $0 | $855,000 | $0 | $855,000 |
Per the Potential Payments Upon Termination or Change in Control table in Spirit Airlines's FY2023 proxy. Estimates as the company printed them; a dash means it printed no figure.
Spirit Airlines’s named executive officers, FY2023
as the company reported each| Named executive officer | Role | FY2023 total |
|---|---|---|
| Edward M. Christie III | President and Chief Executive Officer | $6,601,404 |
| Scott M. Haralson | Executive Vice President and Chief Financial Officer | $3,568,032 |
| John Bendoraitis | Executive Vice President and Chief Operating Officer | $3,099,375 |
| Matthew H. Klein · this page | Executive Vice President and Chief Commercial Officer | $2,883,219 |
| Rocky B. Wiggins | Senior Vice President and Chief Information Officer | $2,206,849 |
The full Spirit Airlines compensation record
free company briefThis page is one person within Spirit Airlines's record. The company brief lists every named executive, each linking to their own page.
Compensation, the day it’s disclosed
The CompBrief Daily Digest lists the newest executive and director compensation disclosures as companies file them. Or order Spirit Airlines's full Executive Compensation Report with peer benchmarking.
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 Spirit Airlines'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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