Keith E. Bass, WCI Communities 2014 Salary % Total
% Change Vs. 2013 Breakdown ($) Comp
-75.35%    
Base salary 531,667 23.15%
Bonus 363,033 15.81%
Stock Awards 470,250 20.48%
Options Awards 0 0.00%
Non-Equity Incentive 843,750 36.74%
Change in Pension Value 0 0.00%
All Other Comp 87,900 3.83%
TOTAL COMP 2,296,600  
  • Bass’ salary was a raise from last year’s $440,000. A raise to $550,000 was made in March, reflected in the odd number.
  • The non-equity incentive of $843,750 was achieved based on the company’s EBITDA of $50.8 million—beyond the maximum performance level of $49,887,600, resulting in a 150% payout of the targeted $750,000 bonus.
  • Stock awards amounting to $470,250 under the company’s long-term incentive plan represented a huge drop from last year’s $7,651,022 stock awards, accounting for the lion’s share of 2014’s overall compensation decrease. Bass was awarded 25,000 shares.