Actually, no salary or bonuses for Larry beginning fiscal year ending 5/31/01, just stock options..
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Excerpt from the proxy:
SECURITY OWNERSHIP OF CERTAIN BENEFICIAL OWNERS AND MANAGEMENT
The following table sets forth certain information, as of August 20, 2001(unless otherwise indicated below), with respect to the beneficial ownership of the Company's Common Stock by: (i) each stockholder known by the Company to be the beneficial owner of more than 5% of the Company's Common Stock; (ii) each director or nominee; (iii) each executive officer named in the Summary Compensation Table; and (iv) all current executive officers and directors as a group.
Amount and
Nature of Percent
Beneficial of
Name and Address of Beneficial Owner Ownership(1) Class
------------------------------------ ------------- -------
Lawrence J. Ellison(2)................................... 1,378,171,324 24.29%
500 Oracle Parkway, Redwood City, CA 94065
Safra Catz(3)............................................ 2,000,000 *
Sergio Giacoletto(4)..................................... 435,174 *
Jeffrey O. Henley(5)..................................... 15,778,054 *
Jay Nussbaum(6).......................................... 1,588,542 *
George Roberts(7)........................................ 2,118,490 *
Edward Sanderson(8)...................................... 996,498 *
Derek Williams(9)........................................ 464,066 *
Donald L. Lucas(10)...................................... 804,630 *
Michael J. Boskin(11).................................... 921,120 *
Jack Kemp(12)............................................ 230,202 *
Jeffrey Berg(13)......................................... 372,000 *
Richard A. McGinn(14).................................... 220,500 *
Kay Koplovitz(15)........................................ 314,600 *
Hector-Garcia Molina..................................... -- *
Joseph Grundfest......................................... -- *
All current executive officers, directorsand nominees as
a group
(20 persons)(16)........................................ 1,416,977,734 24.98%
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* Less than 1%
(1) Unless otherwise indicated below, each stockholder listed had sole voting and sole investment power with respect to all shares beneficially owned, subject to community property laws, if applicable.
(2) Includes 59,375,000 shares subject to currently exercisable options or options exercisable within 60 days.
(3) Includes 2,000,000 shares subject to currently exercisable options or options exercisable within 60 days.
(4) Includes 432,752 shares subject to currently exercisable options or options exercisable within 60 days.
(5) Includes 15,576,272 shares subject to currently exercisable options or options exercisable within 60 days.
(6) Includes 1,561,940 shares subject to currently exercisable options or options exercisable within 60 days.
(7) Includes 2,110,512 shares subject to currently exercisable options or options exercisable within 60 days.
(8) Includes 992,500 shares subject to currently exercisable options or options exercisable within 60 days.
(9) Includes 435,000 shares subject to currently exercisable options or options exercisable within 60 days.
(10) Includes 13,062 shares held in trust. Includes 791,568 shares subject to currently exercisable options or options exercisable within 60 days.
(11) Includes 917,120 shares subject to currently exercisable options or options exercisable within 60 days.
(12) Includes 221,550 shares subject to currently exercisable options or options exercisable within 60 days.
(13) Includes 372,000 shares subject to currently exercisable options or options exercisable within 60 days.
(14) Includes 220,500 shares subject to currently exercisable options or options exercisable within 60 days.
(15) Includes 306,000 shares subject to currently exercisable options or options exercisable within 60 days.
(16) Includes all shares described in notes (2) through (15) above, 270,000 additional shares held in trust and 9,786,244 additional shares subject to currently exercisable options or options exercisable within 60 days.
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EXECUTIVE COMPENSATION
Summary of Cash and Certain Other Compensation
The following table provides certain summary information concerning compensation paid by the Company to the Company's Chief Executive Officer and each of the six other most highly compensated executive officers of the Company (determined as of May 31, 2001) (hereinafter referred to as the "named executive officers") for the fiscal years ended May 31, 2001, 2000 and 1999.
Summary Compensation Table
Long-Term
Compensation
Annual Compensation Awards
--------------------- ------------
Securities
Underlying
Fiscal Options/SARs
Name and Principal Position Year Salary ($) Bonus ($) (#)(1)
--------------------------- ------ ---------- ---------- ------------
Lawrence J. Ellison................ 2001 $ -- $ -- --
Chairman and 2000 $ 208,000 $ -- 40,000,000(2)
Chief Executive Officer 1999 $1,000,000 $2,752,000 6,000,000
Sergio Giacoletto.................. 2001 $ 441,293 $2,925,368 --
Executive Vice President 2000 $ 285,197 $ 529,117 1,300,000
1999 $ 253,504 $ 206,931 240,000
Jeffrey O. Henley.................. 2001 $ 825,000 $ 104,933 --
Executive Vice President and 2000 $ 806,250 $1,361,250 2,000,000
Chief Financial Officer 1999 $ 727,500 $1,334,609 2,400,000
Jay Nussbaum....................... 2001 $ 800,000 $ 598,748 --
Executive Vice President 2000 $ 742,897 $1,657,677 1,600,000
1999 $ 525,000 $1,151,730 3,000,000
George Roberts..................... 2001 $ 800,000 $1,190,018 --
Executive Vice President 2000 $ 643,182 $4,020,158 1,600,000
1999 $ 421,200 $ 357,967 1,750,000
Edward Sanderson................... 2001 $ 787,500 $1,996,576 --
Executive Vice President 2000 $ 658,523 $ 980,499 1,800,000
1999 $ 527,400 $ 350,000 2,700,000
Derek Williams..................... 2001 $ 437,319 $1,162,573 --
Executive Vice President 2000 $ 400,000 $1,785,438 800,000
1999 $ 351,415 $ 392,871 420,000
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