AI Content Chat (Beta) logo

EXECUTIVECOMPENSATION SummaryCompensationTable Thefollowing table sets forth for the year ended December 31, 2021 the compensation reportable for the named executive officers, as determined by SEC rules. 2021SummaryCompensationTable Stock All Other NameandPrincipalPosition Year Salary Awards(1) Compensation Total (2) (3) AndrewR.Jassy 2021 $175,000 $211,933,520 $ 592,649 $212,701,169 President and Chief Executive Officer 2020 175,000 35,639,068 34,381 35,848,449 2019 175,000 — 173,809 348,809 (4) Jeffrey P. Bezos 2021 81,840 — 1,600,000 1,681,840 Founder and Executive Chair 2020 81,840 — 1,600,000 1,681,840 2019 81,840 — 1,600,000 1,681,840 Brian T. Olsavsky 2021 160,000 — 3,200(5) 163,200 SVPandChiefFinancial Officer 2020 160,000 17,010,985 3,200 17,174,185 2019 160,000 — 3,200 163,200 DavidH.Clark 2021 175,000 55,589,120(6) 310,451(3) 56,074,571 CEOWorldwideConsumer 2020 160,000 46,121,888(6) 6,783 46,288,671 (7) (3) AdamN.Selipsky 2021 109,722 81,294,756 49,045 81,453,523 CEOAmazonWebServices DavidA.Zapolsky 2021 160,000 — 3,200(5) 163,200 SVP, General Counsel, and Secretary 2020 160,000 17,010,985 3,200 17,174,185 (1) Stock awards are reported at aggregate grant date fair value in the year granted, as determined under applicable accounting standards. Grant date fair value for restricted stock units is determined based on the number of shares granted multiplied by the average of the high and the low trading price of common stock of the Company on the grant date, without regard to the fact that the grants vest over anumberofyears.SeeNote1,“DescriptionofBusiness,AccountingPolicies,andSupplementalDisclosures—Stock-BasedCompensation,” in Item 8, “Financial Statements and Supplementary Data,” in our 2021 Annual Report on Form 10-K. (2) Represents a special grant in connection with Mr. Jassy’s promotion to President and CEO. This award vests over 10 years, with more than 80%ofthesharesscheduledtovestbetween5and10yearsaftergrant,andisexpectedtorepresentmostofMr.Jassy’s compensation for the coming years. (3) Reflects the value of cash and/or shares of common stock we contributed to the named executive officer’s account in our 401(k) plan andtheapproximateaggregateincremental cost to Amazon of security arrangements in addition to security arrangements provided at business facilities and for business travel ($589,149, $306,951, and $47,003 for Messrs. Jassy, Clark, and Selipsky, respectively). We believe that all Company-incurred security costs are reasonable and necessary and for the Company’s benefit. (4) Represents the approximate aggregate incremental cost to Amazon of security arrangements for Mr. Bezos in addition to security arrangements provided at business facilities and for business travel. We believe that all Company-incurred security costs are reasonable andnecessary and for the Company’s benefit, and that the amount of the reported security expenses for Mr. Bezos is especially reasonable in light of his low salary and the fact that he has never received any stock-based compensation. (5) Represents the value of cash and/or shares of common stock we contributed to the named executive officer’s account in our 401(k) plan. (6) Mr. Clark’s 2021 stock award and approximately $12.6 million of his 2020 stock awards represent special grants in connection with Mr. Clark’s promotion to CEO Worldwide Consumer, which was effective January 1, 2021. Collectively, these two stock awards vest over 7years following the dates they were granted. (7) Mr. Selipsky’s stock award represents a new-hire grant in connection with Mr. Selipsky joining the Company to become CEO AWS. This awardvests over 5 years following the date of grant. 98

Amazon 2022 Proxy Statement - Page 106 Amazon 2022 Proxy Statement Page 105 Page 107