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  "documentTitle": "Mellanox Technologies, Ltd. (MLNX)",
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  "authorName": "Peter A. Feld",
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  "presentationDate": "2018-02-05 00:00:00",
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  "notes": "The slide uses a scatter plot to show poor correlation between SBC and TSR, and a bar chart to highlight a 70% decline in insider ownership.",
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      "kind": "callout",
      "text": "70% DECLINE IN PERCENTAGE OWNERSHIP!",
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      "text": "Scatter plot showing LTM SBC % of Revenue vs 3-Year TSR",
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      "text": "insider ownership: 70%",
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      "kind": "paragraph",
      "text": "It would be one thing if, at the very least, management and the Board held on to the vast majority of their equity grants... In fact, as you can see in the chart below, stock ownership among executives and the Board has steadily and rapidly declined.",
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      "text": "Source: Capital IQ, Company filings. Source: Bloomberg, Company filings.",
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      "text": "LTM Stock-Based Compensation vs 3-Year TSR Prior to Starboard's 13D",
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