Bloomberg reports that Gorman, 55, will get 155,207 restricted shares, according to a filing yesterday with the U.S. Securities and Exchange Commission. That’s in addition to his $1.5m salary, which the company almost doubled last year from a previous level of $800,000. The firm will disclose details about his cash bonus and long-term incentives later this year.
Gorman got a $6m award for 2012 that included $2.63m in stock options and $2.58m in deferred cash in addition to his $800,000 salary. He also received a $3.75m long-term incentive dependent on the bank hitting performance targets.
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