Atul Bali serves as Independent Director of the Company. Mr. Bali will be compensated for his Board service consistent with the compensation arrangements provided to the Board’s other independent, non-management directors. Under the Company’s non-management director compensation program adopted by the Compensation Committee of the Board on March 7, 2018, each independent, non-management director receives an annual grant of restricted stock units valued at $130,000, with the number of units granted determined by dividing $130,000 by the closing price of the Company’s common stock as of the date of grant (to be pro-rated for any partial year of service). The units will vest over three years in equal, annual installments and will be settled on a deferred basis on the earliest to occur of (i) ten years following the date of grant, (ii) a director’s death, (iii) the occurrence of a Change in Control (as defined in the Everi Holdings Inc. 2014 Equity Incentive Plan, as amended), provided the transaction also constitutes a “change in control event” as defined in Treasury Regulation 1.409A- 3(i)(5)(v) or (vii), or, (iv) the date that is six (6) months following a director’s “separation from service” (as defined in the Income Tax Regulations under Code Section 409A). In general, a “separation from service” will occur when a director ceases to serve as a member of the Board for any reason not covered by clauses (ii) and (iii) above, unless the director continues to provide consulting services to the Company. At the time of a deferred settlement, one share of the Company’s common stock will be issued for each vested restricted stock unit. Mr. Bali will also receive an annual fee of $75,000 for serving on the Board and an additional annual fee of $12,500, $10,000 and $9,375 for serving on the Audit Committee, the Compensation Committee and the Nominating and Corporate Governance.
As the Independent Director of Everi Inc, the total compensation of Atul Bali at Everi Inc is $93,647. There are 17 executives at Everi Inc getting paid more, with Michael Rumbolz having the highest compensation of $5,158,220.
Atul Bali is 48, he's been the Independent Director of Everi Inc since 2019. There are 18 older and 4 younger executives at Everi Inc. The oldest executive at Everi Holdings Inc is Ronald Congemi, 73, who is the Independent Director.
Atul's mailing address filed with the SEC is 7250 S. TENAYA WAY, SUITE 100, LAS VEGAS, NV, 89113.
Over the last 11 years, insiders at Everi Inc have traded over $10,318,851 worth of Everi Inc stock and bought 3,514,757 units worth $16,423,278 . The most active insiders traders include Capital Management, Llc Ste..., Michael D Rumbolz, and David Lucchese. On average, Everi Inc executives and independent directors trade stock every 12 days with the average trade being worth of $481,635. The most recent stock trade was executed by Darren Simmons on 10 September 2024, trading 75,000 units of EVRI stock currently worth $580,500.
everi was born when two companies that have served the casino industry for decades — global cash access and multimedia games — became one with the mission of becoming a transformative force on the casino floor. upon its launch in 2015, everi is committed to expanding its innovative and creative reach, building a culture based on the tenets of respect and transparency, and continuously striving to see how the company can help patrons and operators alike have transcendent experiences on the casino floor. follow us: twitter: @everitalent instagram: everitalent facebook: everitalent
Everi Inc executives and other stock owners filed with the SEC include: