The company’s CEO was paid a $1.8 million bonus and the rest of the board received $7.8million in stock options, according to the filing.
The board also got a $4.6 million payment from the company’s board of directors, and a $2.9 million bonus for the first quarter of 2018.
The stock option payments were made after the board announced that CEO Marc Benioff would step down after 20 years in the job, and the board voted to accept the resignations.
It’s a rare stock buyback in recent years, but the buyback was done without an incentive.
The bonus is not subject to an annual limit of $1 million, and is fully taxable, according a person familiar with the matter.
The compensation for the CEO was also $7 million less than the amount of stock options he received in 2018, the person said.