Powerfleet Inc
For the period ended Aug 8, 2024. Filed Aug 8, 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.
Aug 8, 2024 · Filed Aug 8, 2024
AIOT$2.69+3.9%Stored close · as of Nov 6, 2026
Contents
Pay Versus Performance Table
The table below provides information for each of the years ended December 31, 2023, 2022 and 2021 with respect to the compensation, as calculated under SEC rules, of our principal executive officers (“PEOs”), which includes both our current and former Chief Executive Officers, the average compensation of our other NEOs, and certain performance measures specified under SEC rules.
| PEOs(1) | ||||||||
|---|---|---|---|---|---|---|---|---|
| Year | Towe Summary Compensation Table Total | Wolfe Summary Compensation Table Total | Towe Compensation Actually Paid(2) | Wolfe Compensation Actually Paid(2) | Average Summary Compensation Table Total for Non-PEO NEOs(3) | Average Compensation Actually Paid to Non-PEO NEOs(2)(3) | Value of Initial Fixed $100 Investment Based On Total Shareholder Return(4) | Net Loss (in thousands)(5) |
| 2023 | $3,034,292 | $— | $4,868,548 | $— | $776,542 | $1,035,592 | $46.03 | $5,675 |
| 2022 | $3,023,067 | $346,700 | $5,151,430 | $(1,150,633) | $741,832 | $1,067,384 | $36.20 | $6,754 |
| 2021 | $— | $1,303,233 | $— | $248,009 | $604,267 | $(6,846) | $63.80 | $12,766 |
| (1) | Chris Wolfe, our former Chief Executive Officer, served as our PEO for the year ended December 31, 2021 and through January 4, 2022. Steve Towe, our current Chief Executive Officer, has served as our PEO since January 5, 2022. |
| (2) | The dollar amounts reported in these columns represent the amount of CAP to our PEOs and non-PEO NEOs, as computed in accordance with Item 402(v) of Regulation S-K. These dollar amounts do not reflect the actual amount of compensation earned by or paid to our PEOs and non-PEO NEOs during the applicable year. |
| (3) | For the 2023 fiscal year, our non-PEO NEOs were David Wilson and Jim Zeitunian. For the 2022 fiscal year, our non-PEO NEOs were Jim Zeitunian and Patrick Maley, our former Chief Revenue Officer. For the 2021 fiscal year, our non-PEO NEOs were Ned Mavrommatis, our former Chief Financial Officer, and Elizabeth Elkins, our former Chief Product Officer. |
| (4) | Total Shareholder Return (“TSR”) assumes $100 was invested in our common stock on December 31, 2020. |
| (5) | Represents the amount of net loss, as reflected in the Company’s audited financial statements for the applicable year and as restated for 2022 and 2021 in accordance with the restatement of certain financial information in the Company’s audited financial statements for the years ended December 31, 2022 and 2021. |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.