The payments software company has done well with its initial public offering in December, which raised about $225.5 million after its stock was priced well above initial estimates. A follow-on offering in June raised another $525 million as the number of shares offered and price were higher than initially planned.
Lacerte’s 2020 pay include $11.1 million in stock awards—he had none the prior year while the $3.2 million in option awards for the most recently ended year. His $5.2 million in option awards for fiscal 2020 compares to $4.8 million for fiscal 2019.
CFO John Rettig receive $6.8 million in compensation last year, more than double the $2.7 million the prior year. His fiscal 2020 pay included stock awards valued at $4.2 million with no such awards the prior year. Option awards of $1.9 million were own from $2.2 million in fiscal 2019. Bora Chung, SVP of product, received nearly $3 million in 2020 pay, a 33.2 percent rise from $2.23 million. The pay for the most recent fiscal year included stock awards of $1.7 million. His option awards of $1.7 million were down from nearly $2 million.