Attached files
file | filename |
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EX-10.15 - EX-10.15 - Seagen Inc. | d823767dex1015.htm |
EX-10.42 - EX-10.42 - Seagen Inc. | d823767dex1042.htm |
EX-10.41 - EX-10.41 - Seagen Inc. | d823767dex1041.htm |
EXCEL - IDEA: XBRL DOCUMENT - Seagen Inc. | Financial_Report.xls |
EX-32.1 - EX-32.1 - Seagen Inc. | d823767dex321.htm |
EX-23.1 - EX-23.1 - Seagen Inc. | d823767dex231.htm |
EX-32.2 - EX-32.2 - Seagen Inc. | d823767dex322.htm |
EX-31.2 - EX-31.2 - Seagen Inc. | d823767dex312.htm |
10-K - 10-K - Seagen Inc. | d823767d10k.htm |
EX-31.1 - EX-31.1 - Seagen Inc. | d823767dex311.htm |
Exhibit 10.45
Executive Officer Compensation Information
The following table sets forth the annual base salaries for 2014 and 2015 for the executive officers of Seattle Genetics, Inc. (the Company). The table below also sets forth the bonuses awarded to the Companys executive officers for the 2014 fiscal year under the Companys 2014 Senior Executive Annual Bonus Plan. The 2015 target bonuses (based on a percentage of base salary) for the Companys executive officers under the Companys 2015 Senior Executive Annual Bonus Plan are also set forth in the table below.
Name and Title |
2014 Base Salary | 2014 Bonus | 2015 Base Salary | 2015 Target Bonus Percentage |
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Clay B. Siegall, Ph.D. |
$ | 784,000 | $ | 646,800 | $ | 815,000 | 100 | % | ||||||||
President & Chief Executive Officer |
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Todd E. Simpson |
$ | 443,000 | $ | 215,298 | $ | 458,550 | 50 | % | ||||||||
Chief Financial Officer |
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Eric L. Dobmeier |
$ | 473,600 | $ | 260,480 | $ | 492,550 | 50 | % | ||||||||
Chief Operating Officer |
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Jonathan Drachman |
$ | 469,000 | $ | 240,597 | $ | 487,800 | 50 | % | ||||||||
Chief Medical Officer and Executive Vice President, Research and Development |
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Vaughn Himes |
$ | 392,900 | $ | 179,162 | $ | 408,650 | 45 | % | ||||||||
Executive Vice President, Process Sciences and Technical Operations |
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Chris Boerner, Ph.D. |
$ | 435,000 | $ | 807 | $ | 435,000 | N/A | 1 | ||||||||
Executive Vice President, Commercial |
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Jean Liu |
$ | 390,000 | $ | 46,508 | $ | 393,450 | 45 | % | ||||||||
Executive Vice President, Legal Affairs & General Counsel |
1 | Dr. Boerner left the Company prior to establishment of the 2015 target bonus percentage. |
Director Compensation Information
The following table sets forth the compensation components for non-employee members of the Companys Board of Directors for 2014 and 2015, including equity awards.
Compensation Element |
2014 | 2015 | ||||||
General Board Service Cash Retainer |
$ | 50,000 | $ | 50,000 | ||||
General Board Service Equity |
||||||||
Initial Grant Number of Options |
$ | 12,500 | $ | 13,275 | ||||
Initial Grant Number of Restricted Stock Units |
$ | 5,000 | $ | 5,310 | ||||
Annual Grant Number of Shares |
$ | 8,750 | $ | 9,260 | ||||
Annual Grant Number of Restricted Stock Units |
$ | 3,500 | $ | 3,700 | ||||
Chair Service Annual Retainer |
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Lead Director |
$ | 12,000 | $ | 25,000 | ||||
Audit |
$ | 20,000 | $ | 20,000 | ||||
Compensation |
$ | 15,000 | $ | 15,000 | ||||
Nominating & Governance |
$ | 10,000 | $ | 10,000 | ||||
Committee Member Service Annual Retainer |
||||||||
Audit |
$ | 10,000 | $ | 10,000 | ||||
Compensation |
$ | 8,000 | $ | 8,000 | ||||
Nominating & Governance |
$ | 5,000 | $ | 5,000 |