Throughout his time at Addus HomeCare, Mark Heaney accumulated significant equity holdings in the company. As of the end of 2015, he had 179,863 options that were already exercisable and an additional unexercised pool of 49,000 options that were set...
Throughout his time at Addus HomeCare, Mark Heaney accumulated significant equity holdings in the company. As of the end of 2015, he had 179,863 options that were already exercisable and an additional unexercised pool of 49,000 options that were set to vest in the coming years. His most significant equity value came from the 50,000 shares of restricted stock granted in 2013, which contributed to an impressive unvested stock value of about $793,336 at the end of 2015. His holdings saw notable fluctuation over his career, particularly as he transitioned out of the CEO role, leading to a reevaluation of his stock options and entitlements. While he made substantial gains on his vested stock awards, notably receiving $267,875 in value for vested stock in 2015, his departure in January 2016 marked a turning point, as many options became forfeited thereafter.