Blink Charging Co. Definitive proxy statements

Definitive proxy statements

Pay vs Performance Disclosure

Pay vs Performance Disclosure - USD ($)

12 Months Ended

Dec. 31, 2023

Dec. 31, 2022

Dec. 31, 2021

Dec. 31, 2020

Pay vs Performance Disclosure [Table]

Disclosure - Pay vs Performance Disclosure

Year	Summary Compensation Table Total for PEO – Michael D. Farkas¹		Summary Compensation Table Total for PEO – Brendan S. Jones²		Compensation Actually Paid to PEO – Michael D. Farkas³		Compensation Actually Paid to PEO – Brendan S. Jones³		Average Summary Compensation Table Total for Non-PEO NEOs⁴		Average Compen- sation Actually Paid to Non-PEO NEOs⁵		Total Share- holder Return⁶		Peer Group Total Share- holder Return⁷		Net Loss (in thous-ands)⁸			Revenue (in thou-sands)⁹
													Value of Initial Fixed $100 Investment Based On:
Year	Summary Compensation Table Total for PEO – Michael D. Farkas¹		Summary Compensation Table Total for PEO – Brendan S. Jones²		Compensation Actually Paid to PEO – Michael D. Farkas³		Compensation Actually Paid to PEO – Brendan S. Jones³		Average Summary Compensation Table Total for Non-PEO NEOs⁴		Average Compen- sation Actually Paid to Non-PEO NEOs⁵		Total Share- holder Return⁶		Peer Group Total Share- holder Return⁷		Net Loss (in thous-ands)⁸			Revenue (in thou-sands)⁹
2023	$	11,137,081	$	1,513,341	$	8,317,523	$	1,022,033	$	2,150,570	$	1,998,564	$	182.26	$	148.09	$	(203,693	)	$	140,598
2022	$	15,877,812	$	-	$	4,187,889	$	-	$	1,585,440	$	614,106	$	589.78	$	119.57	$	(91,560	)	$	61,139
2021	$	18,003,751	$	-	$	9,729,230	$	-	$	1,595,865.25	$	563,947	$	1,425.27	$	155.03	$	(55,119	)	$	20,940
2020	$	943,757	$	-	$	5,402,379	$	-	$	622,999	$	4,749,775	$	2,298.39	$	135.68	$	(17,846	)	$	6,231

Company Selected Measure Name

Revenue

Named Executive Officers, Footnote [Text Block]

(1)

During fiscal year 2020, 2021, 2022 and part of fiscal year 2023, Mr. Farkas served as our Principal Executive Officer (“PEO”). The dollar amounts reported in this column are the amounts of total compensation reported for each corresponding year in the Total column of the Summary Compensation Table.

(2)	During part of fiscal year 2023, Mr. Jones served as our PEO. The dollar amounts reported in this column are the amounts of total compensation reported for each corresponding year in the Total column of the Summary Compensation Table.

Peer Group Issuers, Footnote [Text Block]

(7)

Represents the weighted peer group total shareholder return, weighted according to the respective companies’ respective stock market capitalization at the beginning of each period for which a return is indicated. The peer group used for this purpose is the following published index: MSCI ACWI: Electrical Equipment. The 2022 proxy statement misidentified the MSCI ACWI: Electrical Equipment as the S&P 500 index.

Adjustment To PEO Compensation, Footnote [Text Block]

The dollar amounts reported in this column represent the amount of “compensation actually paid” to Messrs. Farkas and Jones as computed in accordance with Item 402(v) of Regulation S-K. The amounts do not reflect the actual amount of compensation earned by or paid to Messrs. Farkas and Jones during the applicable year. In accordance with the requirements of Item 402(v) of Regulation S-K, the following adjustments were made to Messrs. Farkas’ and Jones’ total compensation for each year to determine the compensation actually paid:

	Mr. Farkas			Mr. Jones
Summary Compensation Table Total	$	11,137,081		$	1,513,341
PEO Total Compensation Amount	$	11,137,081		$	1,513,341
Less, Grant Date Fair Value of Option Awards and Stock Awards Granted in Fiscal Year	$	(4,690,000	)	$	(258,875	)
Plus, Fair Value at Fiscal Year-End of Outstanding and Unvested Option Awards and Stock Awards Granted in Fiscal Year	$	0		$	56,620
Plus, Change in Fair Value of Outstanding and Unvested Option Awards and Stock Awards Granted in Prior Fiscal Years	$	0		$	(346,651	)
Plus, Fair Value at Vesting of Option Awards and Stock Awards Granted in Fiscal Year that Vested During Fiscal Year	$	4,594,523		$	129,441
Plus, Change in Fair Value as of Vesting Date of Option Awards and Stock Awards Granted in Prior Fiscal Years for which Applicable Vesting Conditions Were Satisfied During Fiscal Year	$	(1,343,538	)	$	(71,842	)
Less, Fair Value as of Prior Fiscal Year-End of Option Awards and Stock Awards Granted in Prior Fiscal Years that Failed to Meet Applicable Vesting Conditions During Fiscal Year	$	(1,380,543	)	$	0
Compensation Actually Paid	$	8,317,523		$	1,022,033

Non-PEO NEO Average Total Compensation Amount

$ 2,150,570

$ 1,585,440

$ 1,595,865.25

$ 622,999

Compensation Actually Paid to Non-PEO NEOs

$ 1,998,564

614,106

563,947

4,749,775

Adjustment to Non-PEO NEO Compensation Footnote [Text Block]

(5)

The dollar amounts reported in this column represent the average amount of “compensation actually paid” to the Non-PEO NEOs as a group as identified in footnote 4 above, as computed in accordance with Item 402(v) of Regulation S-K. The dollar amounts do not reflect the actual average of compensation earned by or paid to these NEOs as a group during the applicable year. In accordance with the requirements of Item 402(v) of Regulation S-K, the following adjustments were made to the average total compensation for these NEOs as a group for each year to determine the compensation actually paid.

Average Non-PEO NEOs	2023
Summary Compensation Table Total	$	2,150,570
Non-PEO NEO Average Total Compensation Amount	$	2,150,570
Less, Grant Date Fair Value of Option Awards and Stock Awards Granted in Fiscal Year	$	(157,073	)
Plus, Fair Value at Fiscal Year-End of Outstanding and Unvested Option Awards and Stock Awards Granted in Fiscal Year	$	40,316
Plus, Change in Fair Value of Outstanding and Unvested Option Awards and Stock Awards Granted in Prior Fiscal Years	$	(153,842	)
Plus, Fair Value at Vesting of Option Awards and Stock Awards Granted in Fiscal Year that Vested During Fiscal Year	$	154,168
Plus, Change in Fair Value as of Vesting Date of Option Awards and Stock Awards Granted in Prior Fiscal Years for which Applicable Vesting Conditions Were Satisfied During Fiscal Year	$	(35,575	)
Less, Fair Value as of Prior Fiscal Year-End of Option Awards and Stock Awards Granted in Prior Fiscal Years that Failed to Meet Applicable Vesting Conditions During Fiscal Year	$	0
Adjustment to Compensation Amount	$	0
Compensation Actually Paid to Non-PEO NEOs	$	1,998,564

Compensation Actually Paid vs. Total Shareholder Return [Text Block]

Description of Relationship Between PEO and Non-PEO NEO Compensation Actually Paid and Total Shareholder Return

The following chart sets forth the relationship between (i) our company’s cumulative total shareholder return over the four most recently completed fiscal years and the MSCI ACWI: Electrical Equipment index’s cumulative total shareholder return over the same period, and (ii) the compensation actually paid to our PEO and the average compensation actually paid to our Non-PEO NEOs.

Compensation Actually Paid vs. Net Income [Text Block]

Description of Relationship Between PEO and Non-PEO NEO Compensation Actually Paid and Net Income

The following chart sets forth the relationship between compensation actually paid to our PEO, the average of compensation actually paid to our Non-PEO NEOs and our net income during the four most recently completed fiscal years.

Compensation Actually Paid vs. Company Selected Measure [Text Block]

Description of Relationship Between PEO and Non-PEO NEO Compensation Actually Paid and Revenue

The following chart sets forth the relationship between compensation actually paid to our PEO, the average of compensation actually paid to our Non-PEO NEOs and our revenue during the four most recently completed fiscal years.