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

Total Cash Compensation information is comprised of yearly Base Pay and Bonuses. UNIT CORP income statements for executive base pay and bonus are filed yearly with the SEC in the edgar filing system. UNIT CORP 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
Larry D. Pinkston
Former CEO and President
Total Cash $256,009 Equity $0 Other $484,864 Total Compensation $740,873
Mark E. Schell
Executive Vice President
Total Cash $458,175 Equity $0 Other $27,426 Total Compensation $485,601
David T. Merrill
Former CEO and President
Total Cash $487,967 Equity $0 Other $105,924 Total Compensation $593,891
Micheal L. Hicks
President, Superior Pipeline Company
Total Cash $449,662 Equity $0 Other $17,400 Total Compensation $467,062
Philip B. Smith
CEO and President, Director
Total Cash $0 Equity $0 Other $0 Total Compensation $0
For its 2020 fiscal year, UNIT CORP, listed the following board members on its annual proxy statement to the SEC.
Alan J. Carr Total Cash $21,667
Andrei Verona Total Cash $25,000
Carla S. Mashinski Total Cash $76,417
G. Bailey Peyton, IV Total Cash $51,250
Gary R. Christopher Total Cash $38,083
J. Michael Adcock Total Cash $89,083
Larry C. Payne Total Cash $67,917
Phil Frohlich Total Cash $25,000
Philip B. Smith Total Cash $26,667
Robert J. Sullivan, Jr. Total Cash $55,083
Robert R. Anderson Total Cash $21,667
Steven B. Hildebrand Total Cash $105,917
William B. Morgan Total Cash $80,250

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 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.