5. Donald J. Tomnitz, DR Horton 2014 Salary % Total
% Change Vs. 2013 Breakdown ($) Comp
-10.79%    
     
Base salary 900,000 9.67%
Bonus 0 0.00%
Stock Awards 2,946,000 31.65%
Options Awards 373,663 4.01%
Non-Equity Incentive 4,885,110 52.49%
Non-Qualified Deferred 101,170 1.09%
All Other Comp               100,805 1.08%
TOTAL COMP 9,306,748 100.00%


  • Tomnitz’s base salary was unchanged from 2013.
  • For 2014,Tomnitz was eligible to earn annual short-term incentive bonuses up to a maximum 0.6% of pre-tax income, which resulted in $2,349,338 paid for the semi-annual period ended March 31, 2014 and $2,535,772 paid for the semi-annual period ended September 30, 2014, for a total annual cash bonus of $4,885,110.
  • The company’s awarding of performance-based stock is contingent on how it measures up against the S&P 500 Index on relative total shareholder return, as well as against the ROI, SG&A and GP of its peer group. The company achieved second-place on the first two counts, and fifth place on relative GP. As a result, Tomnitz achieved 150,000 restricted stock units based on performance, and at $19.64 a share, that equaled to $2,946,000