Coyne's compensation more than doubled over the previous year. When he retired in January 2013, all of his Western Digital(WDC) stock options granted to him prior to 2012 became fully vested. Hence the giant pay haul: His stock awards jumped to $6.3 million from $0 in the previous year.
Total compensation is calculated as the sum of base salary, discretionary and performance-based cash bonuses, the grant-date fair value of stock and option awards during the fiscal year, and other compensation like benefits and perks. Equilar, an executive compensation research firm, prepared the data by looking at CEOs of technology companies that filed proxies by June 3, 2013. See more on John Coyne from Equilar.