Company: LIDRW
Filing Date: 2025-02-24
Form Type: 10-K
Source: 0001437749-25-004906
Chunk: 247

Company: AEye, Inc.
Filing Date: 2025-02-24
Form: 10-K
Item: Item 9A
Chunk 247
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 $
     330,000
      
      ​ 
      
     $
     164,372
      
      ​ 
      
     $
     -
      
      ​ 
      
     $
     46,922
      
      ​ 
      
     $
     347,586
      
      ​ 
      
     $
     888,880

      Chief Financial Officer and Treasurer 
      ​ 
      2023 
      ​ 
      
     $
     318,472
      
      ​ 
      
     $
     609,200
      
      ​ 
      
     $
     -
      
      ​ 
      
     $
     142,393
      
      ​ 
      
     $
     15,250
      
      ​ 
      
     $
     1,085,315

      (1) 
      Represents the aggregate grant date fair value of stock awards granted, computed in accordance with Financial Accounting Standards Board Accounting Standards Codification Topic 718, Compensation—Stock Compensation (“FASB Topic 718”). Each of the stock awards consist of grants of RSUs granted pursuant to the 2021 Equity Plan. Terms of the 2024 RSUs are summarized in “Equity Awards For Fiscal Year 2024,” below. The fair value of each RSU is measured based on the closing price of our common stock on the date of grant. Pursuant to SEC rules, the amounts shown exclude the impact of estimated forfeitures related to service-based vesting conditions. 

      (2) 
      Represents amounts earned under our annual cash bonus program for the year indicated (see “Elements of Executive Compensation – Annual Cash Bonus,” below). 

      (3) 
      Represents the Company’s contribution to each NEO’s account in the Company’s 401(k) plan, the payment of previously disclosed retention bonuses that were earned as of December 31, 2024, in the amount of $500,000 for Mr. Fisch, $385,000 for Mr. Hughes, and $330,000 for Mr. Tierney, and in the case of Mr. Fisch and Mr. Tierney, a $342 and $336 reimbursement for gym membership, respectively. 

ELEMENTS OF EXECUTIVE COMPENSATION

Base Salary

Base salaries are intended to provide a level of compensation sufficient to attract and retain an effective executive team, when considered in combination with the other components of our executive compensation program. The relative