Lightwave Logic CEO Michael Lebby's 2021 pay jumps 850% to $3.1M
Lightwave Logic reports 2021 executive compensation
By ExecPay News
Published: April 29, 2022
Lightwave Logic reported fiscal year 2021 executive compensation information on April 29, 2022.
In 2021, two executives at Lightwave Logic received on average a compensation package of $3.1M, a 869% increase compared to previous year.
Average pay of disclosed executives at Lightwave Logic
Michael S. Lebby, Chief Executive Officer, received $3.1M in total, which increased by 850% compared to 2020. 86% of Lebby's compensation, or $2.6M, was in bonus. Lebby also received $154K in option awards, $285K in salary, as well as $5.1K in other compensation.
James S. Marcelli, Chief Operating Officer, received a compensation package of $3M, which increased by 889% compared to previous year. 86% of the compensation package, or $2.6M, was in bonus.
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Source: SEC filing on April 29, 2022.