Eric Lipar, CEO LGI Homes
Eric Lipar, LGI Homes 2014 Salary % Total
% Change Vs. 2013 Breakdown ($) Comp
128.53%    
Base salary 500,770 34.06%
Bonus 440,668 29.97%
Stock Awards 496,903 33.80%
Options Awards 0 0.00%
Non-Equity Incentive 0 0.00%
Change in Pension Value 0 0.00%
All Other Comp 31,998 2.18%
TOTAL COMP 1,470,339  
  • Lipar’s base salary was slightly higher than 2013’s $500,755.
  • Lipar’s bonus of $440,668 was based on two financial measures including home closings and pre-tax earnings targets. Since home closings were up more than 45%, to 2,356 homes; and pre-tax earnings were $43.1 million, up 87.9%, both goals were exceeded, and he achieved the maximum bonus     
  • The stock awards amounting to $496,903 were issued in two installments. First, performance-based RSUs of 20,480, equaling $350,003 in value, were awarded based on a cumulative three-year earnings per share target (from 2014-2016); another 10,000 RSUs in bonuses were awarded, for $146,900, vesting in equal installments started in 2016.