Silicon Laboratories (SLAB) Proxy filing summary
Event summary combining transcript, slides, and related documents.
Proxy filing summary
25 Mar, 2026Executive compensation and say-on-pay
Corrected potential payments upon change in control for NEOs, increasing totals for each executive as of January 3, 2026, with Mr. Johnson's total rising to $22,222,609, Mr. Butler's to $8,571,226, Mr. Tolany's to $9,518,753, and Mr. Conrad's to $7,430,358.
Severance agreements provide lump sum payments of 100% of annual base salary (200% for CEO), 100% of target variable compensation (200% for CEO), pro-rated bonuses, accelerated equity vesting, and COBRA coverage (24 months for CEO, 12 months for others) upon change in control termination.
Non-change in control terminations provide lump sum payments of 100% of base salary and target variable compensation, pro-rated bonuses, partial equity vesting, and 12 months COBRA coverage.
Equity awards may accelerate automatically or at the Compensation Committee's discretion in a change in control, with full vesting if not assumed by a successor.
Detailed tables show the breakdown of severance, bonus, equity, and COBRA payments for each NEO under both change in control and non-change in control scenarios, based on 2025 compensation and a share price of $131.93.
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