AgEagle Aerial Systems Inc
For the period ended Apr 26, 2024. Filed Apr 26, 2024.
View on SEC.govAbout this filing
What shareholders are asked to vote on at a company's meeting. It is where to find what directors and top executives are paid, and who owns the most shares.
Apr 26, 2024 · Filed Apr 26, 2024
UAVS$0.32+2.6%Stored close · as of Nov 6, 2026
Contents
Pay Versus Performance Table
In accordance with the SEC’s new PVP rules, the table below shows for 2023 and 2022 executive compensation actually paid to Mr. Barrett Mooney, our principal executive officer (our “PEO”); Mark DiSiena, Nicole Fernandez-McGovern and Michael O’Sullivan, the Company’s other named executive officers (our “non-PEO NEOs”):
| Year | Summary Compensation Table Total for PEO - Mooney ($) (1) | Compensation Actually Paid to PEO - Mooney ($) (1) (2) (3) | Average Summary Compensation Table Total for Non-PEO NEOs ($) (1) | Average Compensation Actually Paid to Non-PEO NEOs ($) (1) (2) (3) | Value of Initial Fixed $100 Investment Based on Total Shareholder Return ($) (4) | Net Loss ($) |
|---|---|---|---|---|---|---|
| 2023 | 799,972 | 514,788 | 635,695 | 282,143 | 6.36 | (42,421,737) |
| 2022 | 414,470 | 382,745 | 585,265 | 262,750 | 22.29 | (58,253,723) |
| Year | Summary Compensation Table Total for PEO – DiSiena ($) (1) | Compensation Actually Paid to PEO – DiSiena ($) (1) (2) (3) | Average Summary Compensation Table Total for Non-PEO NEOs ($) (1) | Average Compensation Actually Paid to Non-PEO NEOs ($) (1) (2) (3) | Value of Initial Fixed $100 Investment Based on Total Shareholder Return ($) (4) | Net Loss ($) |
|---|---|---|---|---|---|---|
| 2023 | 97,167 | 97,167 | 635,695 | 282,143 | 6.36 | (42,421,737) |
| 2022 | - | - | 585,265 | 262,750 | 22.29 | (58,253,723) |
| Year | Summary Compensation Table Total for PEO – Fernandez-McGovern ($) (2) | Compensation Actually Paid to PEO –Fernandez-McGovern ($) (1) (2) (3) | Average Summary Compensation Table Total for Non-PEO NEOs ($) (1) | Average Compensation Actually Paid to Non-PEO NEOs ($) (1) (2) (3) | Value of Initial Fixed $100 Investment Based on Total Shareholder Return ($) (4) | Net Loss ($) |
|---|---|---|---|---|---|---|
| 2023 | 627,885 | 335,777 | 635,695 | 282,143 | 6.36 | (42,421,737) |
| 2022 | 700,194 | 442,719 | 585,265 | 262,750 | 22.29 | (58,253,723) |
| Year | Summary Compensation Table Total for PEO – O’Sullivan ($) (2) | Compensation Actually Paid to PEO –O’Sullivan ($) (1) (2) (3) | Average Summary Compensation Table Total for Non-PEO NEOs ($) (1) | Average Compensation Actually Paid to Non-PEO NEOs ($) (1) (2) (3) | Value of Initial Fixed $100 Investment Based on Total Shareholder Return ($) (4) | Net Loss ($) |
|---|---|---|---|---|---|---|
| 2023 | 546,337 | 393,485 | 635,695 | 282,143 | 6.36 | (42,421,737) |
| 2022 | 470,336 | 369,605 | 585,265 | 262,750 | 22.29 | (58,253,723) |
| (1) | The PEO (CEO) in the 2023 and 2022 reporting years is Mr. Mooney. The non-PEO NEOs in the 2023 reporting year are Mr. DiSiena, Ms. Fernandez-McGovern and Mr. O’Sullivan and in the 2022 reporting year are Ms. Fernandez-McGovern and Mr. O’Sullivan. |
| (2) | The amounts shown for CAP have been calculated in accordance with Item 402(v) of Regulation S-K and do not reflect compensation actually earned, realized or received by the Company’s NEOs. These amounts reflect the SCT Total with certain adjustments noted in the below table and described in footnote 5. |
| (3) | Compensation Actually Paid reflects the exclusions and inclusions of certain amounts for the PEOs and the Non-PEO NEOs as set forth below. Equity values are calculated in accordance with ASC 718, Compensation – Stock Compensation. Amounts in the Exclusion of Stock Awards column are the totals from the Stock Awards columns set forth in the Summary Compensation Table, which reflect the fair market values of equity awards as of each grant date. |
| (4) | The total shareholder return (“TSR”) is calculated by taking the difference of the Company’s stock price from the beginning of the measurement period, December 31, 2021 at $31.40, and the ending of the measurement periods of December 31, 2022 and 2023 at $7.00 and $2.00, respectively; then dividing by the respective measurement period’s initial stock price. |
| 2023 - PEO - Mooney ($) | 2022 - PEO - Mooney ($) | 2023 - Non-PEO NEOs ($) | 2022 - Non-PEO NEOs ($) | |
|---|---|---|---|---|
| Summary Compensation Table (“SCT”) Total Compensation | $799,972 | $414,470 | $1,271,389 | $585,265 |
| Less: Equity awards reported in SCT | (285,184) | (31,725) | (520,593) | (179,103) |
| Change in Fair Value of Outstanding and Unvested Stock Awards Granted in Prior and Fiscal Years | - | - | - | (111,687) |
| Fair Value of Equity Compensation Granted in Current Year at Year-End | - | - | - | 124,949 |
| Change in Fair Value from End of Prior Fiscal Year to Vesting Date for Awards Made in Prior Fiscal Years that Vested During Current Fiscal Year | - | - | - | 205,875 |
| Change in Fair Value as of the Current Fiscal Year (From the End of Prior Fiscal Year) of Awards Granted in Prior Fiscal Years that remain Outstanding and Unvested as of the End of the Current Fiscal Year | - | - | - | (362,550) |
| Compensation Actually Paid | $514,788 | $382,745 | $750,796 | $262,750 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.