Sphere 3D Corp. (ANY)

[Hugodrax]

You will be happy to know that Kelly, Tassipooulos, Kalbfleisch, and Yeh were granted "performance bonuses for the last two quarters of 2016:

"For the last two quarters of 2016, bonuses were paid at 75% of target bonuses as follows:

Mr. Kelly, $150,000; Mr. Tassiopoulos, $91,752; Mr. Kalbfleisch, $67,500; and Ms. Yeh, $22,500."

Source: November Proxy Circular

Of course, the total return on the stock for 2016 was -80.2%, so I guess those bonuses were well-earned as they were able to salvage 19.8% of the market cap.

If there's a change of control Kelly also gets USD $1.3M, Peter T gets $234K and Kurt gets $373K.


With the stock now at 9.2 cents pre-split I'm sure everyone's feeling great about the bonuses.