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  "documentTitle": "Box, Inc. (BOX)",
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  "authorName": "Starboard Value",
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  "presentationDate": "2021-08-06 00:00:00",
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  "notes": "The slide uses a bar chart to contrast the number of peers disclosing more than 3 NEOs versus those disclosing 3 or fewer.",
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      "text": "Box's limited disclosure regarding executive compensation is out-of-line with peers",
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      "text": "Of Box's 3 NEOs, the Company's CEO requests the Board reallocate his equity grant to other employees that are not disclosed, meaning that Box is only fully disclosing compensation information for 2 NEOs.",
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      "text": "One of the companies with only 3 NEOs in 2020 has already hired and named a fourth NEO.",
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      "text": "Box only identifies three named executive officers, the minimum number required under SEC disclosure requirements. This is fewer than 15 of the 17 companies in its Peer Group for 2020.",
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      "text": "The minimally required level of disclosure with regard to the NEOs makes it difficult to determine if key decision makers at the Company are properly incentivized to create stockholder value.",
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      "text": "Number of NEOs Disclosed: 3",
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      "text": "It is important for public companies to disclose adequate information regarding compensation of key executives in order for stockholders to be able to assess whether they are being properly incentivized.",
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      "text": "Source: Company filings. Note: Peers listed above include all peers listed on page 12 of the Company's FY2021 amended 10-K.",
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