Aurora Innovation Inc. DEF 14A Filing on Executive Compensation
Ticker: AUROW · Form: DEF 14A · Filed: Apr 5, 2024 · CIK: 1828108
| Field | Detail |
|---|---|
| Company | Aurora Innovation, Inc. (AUROW) |
| Form Type | DEF 14A |
| Filed Date | Apr 5, 2024 |
| Risk Level | medium |
| Pages | 16 |
| Reading Time | 19 min |
| Sentiment | neutral |
Sentiment: neutral
Topics: executive-compensation, sec-filing, equity-awards
TL;DR
Aurora Innovation's DEF 14A is out, detailing executive equity awards for 2021-2023. Watch for compensation trends.
AI Summary
Aurora Innovation, Inc. filed a DEF 14A on April 5, 2024, for the fiscal year ending December 31, 2023. The filing details executive compensation and equity awards granted to its "PeoMember" and "EquityAwardsGrantedDuringTheYearMember" for the years 2021, 2022, and 2023. Specific dollar amounts for these awards are not detailed in this excerpt.
Why It Matters
This filing provides insight into how Aurora Innovation, Inc. compensates its key personnel, which can influence investor decisions and the company's ability to attract and retain talent.
Risk Assessment
Risk Level: medium — DEF 14A filings are routine disclosures about executive compensation and corporate governance, but can reveal potential issues or significant changes in pay structures.
Key Numbers
- 2023 — Fiscal Year End (Reporting period for compensation details)
- 2021-2023 — Compensation Years (Years for which equity awards are detailed)
Key Players & Entities
- Aurora Innovation, Inc. (company) — Filer
- 0001828108-24-000075 (dollar_amount) — Accession Number
- 20240405 (date) — Filing Date
- 20240523 (date) — Period of Report
- Reinvent Technology Partners Y (company) — Former Company Name
- Reinvent Technology Partners C (company) — Former Company Name
FAQ
What were the specific dollar values of equity awards granted to "PeoMember" in 2023?
The provided excerpt does not contain specific dollar values for equity awards granted to "PeoMember" in 2023, only the reporting periods.
What is the company's primary business as indicated by its SIC code?
Aurora Innovation, Inc. is classified under SIC code 7373, which corresponds to SERVICES-COMPUTER INTEGRATED SYSTEMS DESIGN.
When did Aurora Innovation, Inc. change its name from Reinvent Technology Partners Y?
The company changed its name from Reinvent Technology Partners Y on December 10, 2020.
What is the filing date of this DEF 14A?
This DEF 14A filing was made on April 5, 2024.
What is the fiscal year end for Aurora Innovation, Inc.?
Aurora Innovation, Inc.'s fiscal year ends on December 31.
Filing Stats: 4,806 words · 19 min read · ~16 pages · Grade level 13.8 · Accepted 2024-04-05 09:20:02
Filing Documents
- aur-20240405.htm (DEF 14A) — 954KB
- aur-20240405_g1.jpg (GRAPHIC) — 8KB
- aur-20240405_g2.jpg (GRAPHIC) — 2KB
- aur-20240405_g3.jpg (GRAPHIC) — 144KB
- aur-20240405_g4.jpg (GRAPHIC) — 93KB
- aur-20240405_g5.jpg (GRAPHIC) — 92KB
- aur-20240405_g6.jpg (GRAPHIC) — 291KB
- aur-20240405_g7.jpg (GRAPHIC) — 229KB
- 0001828108-24-000075.txt ( ) — 3747KB
- aur-20240405.xsd (EX-101.SCH) — 7KB
- aur-20240405_def.xml (EX-101.DEF) — 5KB
- aur-20240405_lab.xml (EX-101.LAB) — 16KB
- aur-20240405_pre.xml (EX-101.PRE) — 10KB
- aur-20240405_htm.xml (XML) — 137KB
EXECUTIVE COMPENSATION
EXECUTIVE COMPENSATION 31 Compensation Discussion and Analysis 31 Compensation Risk Assessment 40 Compensation Committee Report 41 Summary Compensation Table for Fiscal Year 2023 42 Grants of Plan-Based Awards for Fiscal Year 2023 44 Outstanding Equity Awards at 2023 Year-End 45 Option Exercises and Stock Vested 46 Potential Payments upon Termination or Change in Control 46 Pay versus Performance 48 EQUITY COMPENSATION PLAN INFORMATION 52
SECURITY OWNERSHIP OF CERTAIN BENEFICIAL OWNERS AND MANAGEMENT
SECURITY OWNERSHIP OF CERTAIN BENEFICIAL OWNERS AND MANAGEMENT 53 RELATED PERSON TRANSACTIONS 56 Agreements with Employees, Directors and Officers 56 Director and Officer Indemnification 56 Other Related Person Transactions 56 Policies and Procedures for Related Person Transactions 58 OTHER MATTERS 59 Stockholder Proposals or Director Nominations for 2025 Annual Meeting 59 Availability of Bylaws 59 Delinquent Section 16(a) Reports 59 2023 Annual Report 60 APPENDIX A — CERTIFICATE OF AMENDMENT TO THE CERTIFICATE OF INCORPORATION OF AURORA INNOVATION, INC. A-1 Table of Contents AURORA INNOVATION, INC. PROXY STATEMENT FOR 2024 ANNUAL MEETING OF STOCKHOLDERS To be held at 1:00 p.m., Eastern Time, on May 23, 2024 The information provided in the "question and answer" format below is for your convenience only and is merely a summary of the information contained in this proxy statement. You should read this entire proxy statement carefully. QUESTIONS AND ANSWERS ABOUT THE PROXY MATERIALS AND OUR ANNUAL MEETING What is Aurora's relationship to Reinvent Technology Partners Y? The original Aurora Innovation, Inc., now named Aurora Operations, Inc. (together with Aurora Innovation Holdings, Inc., its immediate parent holding company, "Legacy Aurora") was founded in 2017. On November 3, 2021, Legacy Aurora consummated a business combination (the "Business Combination") with Reinvent Technology Partners Y, our legal predecessor and a special purpose acquisition company ("RTPY"), whereby Legacy Aurora became a wholly owned subsidiary of RTPY, and RTPY changed its name to Aurora Innovation, Inc., a Delaware corporation. As used in this proxy statement, references to "Aurora," "the Company," "we," "us," "our" and other similar terms refer to Legacy Aurora prior to the Business Combination and to Aurora Innovation, Inc. (formerly Reinvent Technology Partners Y) and its consolidated subsidiaries after giving effect to the Business Combinat