As the CEO of SIGA Technologies, Thomas N. Konatich held a notable stake in the company through stock options granted to him. In 2007, he received 150,000 stock options, which were tied to meeting specific performance metrics, showing that his...
As the CEO of SIGA Technologies, Thomas N. Konatich held a notable stake in the company through stock options granted to him. In 2007, he received 150,000 stock options, which were tied to meeting specific performance metrics, showing that his compensation was aligned directly with the company's success. However, during his tenure, the actual wealth he accumulated through these positions fluctuated based on the company's stock performance, and he did not exercise any options during 2006 or 2007. This indicates that while he had potential wealth through his options, the realized value was heavily dependent on the company’s performance at that time. Overall, his holdings remained theoretical during those two years as the options were not vested or exercised, reflecting a performance-driven approach to his potential compensation.