Executive Vice President and Chief Commercial Officer · Spirit Airlines (SAVE)

Matthew H. Klein

FY2023 is the first fiscal year CompBrief holds for Matthew H. Klein as a named executive officer of Spirit Airlines; the record below is that year, complete. Every figure below is printed as the company filed it and cited to the filing it came from.

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Total disclosed compensation, FY2023

$2,883,219

4th of 5 named executive officers at Spirit Airlines by FY2023 total.

5 named officers on file for Spirit Airlines, FY2023

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Compensation figures as of the proxy filed April 25, 2024 (DEF 14A).

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Matthew H. Klein compensation by year

Spirit Airlines Summary Compensation Table · the one fiscal year held
In US dollars, as Spirit Airlines reports it. Most recent year shaded. Totals are the company’s disclosed totals.
ComponentFY2023
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.

How this page was built: the Spirit Airlines filed document, accession 0001193125-24-114028. Every figure is read from that document and cited to the page and table it appears in. Filed April 25, 2024.

Equity holdings

unvested awards at FY2023 year-end
TypeUnvested unitsValue at year-endExercise price
RSU56,882$932,296—
RSU25,367$415,765—
RSU10,303$168,866—
PSU9,659$158,311—
RSU7,727$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
TriggerCash severanceAccelerated equityBenefits continuationTotal 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 officerRoleFY2023 total
Edward M. Christie IIIPresident and Chief Executive Officer$6,601,404
Scott M. HaralsonExecutive Vice President and Chief Financial Officer$3,568,032
John BendoraitisExecutive Vice President and Chief Operating Officer$3,099,375
Matthew H. Klein · this pageExecutive Vice President and Chief Commercial Officer$2,883,219
Rocky B. WigginsSenior Vice President and Chief Information Officer$2,206,849

Matthew H. Klein's compensation dossier, Spirit Airlines

You have read Matthew H. Klein's totals and holdings. The dossier adds each equity grant Spirit Airlines disclosed for Matthew H. Klein and Spirit Airlines's own disclosed peer group, where the company discloses them, with every row in a PDF and a CSV cited to its filing.

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The full Spirit Airlines compensation record

free company brief

This page is one person within Spirit Airlines's record. The company brief lists every named executive, each linking to their own page.

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Compensation, the day it’s disclosed

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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 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.

Matthew H. Klein's compensation dossier