The charts on this page feature a breakdown of the total annual pay for the top executives at NIC INC as reported in their proxy statements.

Total Cash Compensation information is comprised of yearly Base Pay and Bonuses. NIC INC income statements for executive base pay and bonus are filed yearly with the SEC in the edgar filing system. NIC INC annual reports of executive compensation and pay are most commonly found in the Def 14a documents.

Total Equity aggregates grant date fair value of stock and option awards and long term incentives granted during the fiscal year.

Other Compensation covers all compensation-like awards that don't fit in any of these other standard categories. Numbers reported do not include change in pension value and non-qualified deferred compensation earnings.

Name And Title Total Cash Equity Other Total Compensation
Harry H. Herington
Chairman, Chief Executive Officer
Total Cash $1,296,560 Equity $985,744 Other $137,850 Total Compensation $2,420,154
Stephen M. Kovzan
Chief Financial Officer
Total Cash $661,547 Equity $320,371 Other $56,392 Total Compensation $1,038,310
Robert W. Knapp Jr.
Former Chief Operating Officer
Total Cash $52,082 Equity $0 Other $1,530,955 Total Compensation $1,583,037
Jayne Friedland Holland
Chief Security Officer
Total Cash $606,816 Equity $290,697 Other $51,037 Total Compensation $948,550
William A. Van Asselt
General Counsel
Total Cash $384,458 Equity $102,103 Other $20,448 Total Compensation $507,009
Douglas Rogers
SVP, Business Development
Total Cash $470,312 Equity $95,533 Other $12,596 Total Compensation $578,441
For its 2019 fiscal year, NIC INC, listed the following CEO pay ratio data on its annual proxy statement to the SEC.
CEO Name CEO Pay Median Employee Pay CEO Pay Ratio
Harry H. Herington CEO Pay $2,420,154 Median Employee Pay $85,670 CEO Pay Ratio 28:1
For its 2019 fiscal year, NIC INC, listed the following board members on its annual proxy statement to the SEC.
Name Total COMPENSATION
Alexander C. Kemper Total Cash $164,436
Anthony Scott Total Cash $157,798
Art N. Burtscher Total Cash $176,936
C. Brad Henry Total Cash $155,686
Jayaprakash Vijayan Total Cash $159,048
Pete Wilson Total Cash $155,686
Venmal (Raji) Arasu Total Cash $158,186
William M. Lyons Total Cash $161,936

This report is not for commercial use. Thorough reviews have been conducted to assure this data accurately reflects disclosures. However for a complete and definitive understanding of the pay practices of any company, users should refer directly to the actual, complete proxy statement.

The information shown here is a reporting of information included in the company's proxy statement. The proxy statement includes footnotes and explanations of this information plus other information that is pertinent in assessing the overall value and appropriateness of the compensation information. For those interested in conducting a detailed compensation analysis, we recommend that you review the entire proxy statement. You may retrieve the full proxy statement by going to the Securities and Exchange Commission (SEC) website at www.sec.gov and entering the company's name and then looking in the first column for an entry of "Form DEF 14A" (or any similar code). You may also find the annual proxy statement by going directly to the company's website.

A proxy statement (or "proxy") is a form that every publicly traded U.S. company is required to file with the U.S. Securities & Exchange Commission (SEC) within 120 days after the end of its fiscal year. The proxy must be sent to every shareholder in advance of the company's annual shareholders meeting. All proxy statements are public filings made available to the general public by the SEC.

The proxy statement's main purpose is to alert shareholders to the annual meeting and provide them information about the issues that will be voted on during the annual meeting, including decisions such as electing directors, ratifying the selection of auditors, and other shareholder-related decisions, including shareholder-initiated initiatives. Also, proxies must disclose specific detailed information regarding the pay practices for certain executives.