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Ted Sarandos Netflix awards SEC and Ted Sarandos

Netflix Sets Reed Hastings, Ted Sarandos’ 2022 Pay – $34M And $40M

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deadline.com
deadline.comdeadline.com:

Netflix said the compensation committee of its board of directors has set the annual salaries and stock option allocations for 2022 for co-CEOs Reed Hastings and Ted Sarandos.

They amount to, respectively, $34 million and $40 million.Netflix is one of the few companies that pre-announces anticipated compensation for the their top executives.Salaries of publicly traded companies’ top five highest-paid execs are disclosed in annual SEC proxy statements that have not yet been filed for 2021 for companies like Netflix that operate on a regular calendar year.

They come out in the spring. But Netflix is one of the few that pre-announces option grants. The stock options are awarded fully vested on a monthly basis throughout the year.

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