Jeff Singer
Douglas F. Bauer, Tri Pointe Homes 2014 Salary % Total
% Change Vs. 2013 Breakdown ($) Comp
7.95%    
Base salary 500,000 23.97%
Bonus 150,000 7.19%
Stock Awards 499,993 23.97%
Options Awards 499,999 23.97%
Non-Equity Incentive 415,500 19.92%
Change in Pension Value 0 0.00%
All Other Comp 20,220 0.97%
TOTAL COMP 2,085,712  
  • Bauer’s base salary was increased from the $410,000 earned in 2013.  
  • Bauer’s cash bonus of $150,000 was in recognition of the completion of the company’s merger with Weyerhaeuser Real Estate Company.
  • Bauer’s long-term incentive stock awards, a 50-50 combination of options and restricted stock units, equaling $499,999, and $499,994 respectively,  were granted in April 2014, following the Compensation Committee’s approval, based on Bauer’s “ … responsibilities, skills, experience and contributions."
  • Bauer’s non-equity incentive of $415,500 was achieved by hitting a goal on EBITDA (out of a maximum $500,000). For fiscal year 2014, the EBITDA goal was $324.2 million. Actual EBITDA was approximately $269.4 million, or 83.1% of the EBITDA goal.