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Pay vs Performance Disclosure - USD ($)
 12 Months Ended
Dec. 31, 2024
Dec. 31, 2023
Dec. 31, 2022
Dec. 31, 2021
Dec. 31, 2020
Pay vs Performance Disclosure          
Pay vs Performance Disclosure, Table
PAY VERSUS PERFORMANCE INFORMATION
Our compensation programs are designed to align compensation with business objectives and Company financial performance, and to attract, retain, motivate, focus, and reward executives in order to enhance the long-term growth and profitability of the Company, foster stockholder value creation, and align executives’ interests with those of our stockholders.
To this end, a substantial portion of our executives’ total compensation is variable and dependent on performance. Variable compensation includes our annual and long-term incentives, with incentive plan payouts tied to the Company’s operating income, relative TSR, and individual performance criteria. The compensation program design combined with rigorous absolute and relative incentive goals helps align executive compensation and Company performance over the long-term.
As required by Section 953(a) of the Dodd-Frank Wall Street Reform and Consumer Protection Act, and Item 402(v) of Regulation
S-K,
the Pay vs. Performance disclosure provides an additional snapshot perspective on pay and performance alignment by evaluating the link between “Compensation Actually Paid,” defined by the SEC and referred to below as “CAP,” and various measures of market and financial performance. The following table shows the past five fiscal years’ total compensation for our NEOs (including our principal executive officer (“PEO”), also referred to herein as our “CEO”) as set forth in the Summary Compensation Table (“SCT”), the CAP paid to our NEOs, the Company’s cumulative total shareholder return (“TSR”), the combined TSR of our selected peer group, our net income, and our
pro-forma
operating income, which, in our assessment, represents our most important financial performance measure to link compensation actually paid to our NEOs for the most recently completed fiscal year.
Pay Versus Performance Table
 
                           
Value of initial fixed $100
Investment(2)
              
Year
  
Reported
Summary
Compensation
Table Total
for PEO($)
    
Compensation
Actually Paid to
PEO(5)($)
    
Average
Reported
Summary
Compensation
Table Total for
Non-PEO

NEOs(1)($)
    
Average
Compensation
Actually Paid
Non-PEO

NEOs(1)(5)($)
    
Company
Total
Shareholder
Return($)
    
Peer Group
Total

Shareholder
Return(3)($)
    
Net Income
(in millions)($)
    
PF Op Income
(in millions)(4)($)
  
2024
     7,168,732       (5,130,731 )      2,617,983       (2,369,792 )      383.74       491.01       179.8       261.9  
2023
     8,423,593       30,372,331       3,036,107       11,493,108       495.46       277.14       333.9       251.9  
2022
     7,130,474       19,432,713       3,160,306       5,746,805       260.04       137.05       (14.3 )      256.2  
2021
     5,761,497       13,591,885       1,538,175       1,940,042       213.36       219.49       18.3       210.5  
2020
     5,377,663       6,454,443       2,291,740       2,827,485       126.75       145.23       (40.5 )      181.8  
 
(1)
The NEOs for each applicable year are:
 
  •  
2024: PEO: Luc Seraphin. Other NEOs: Desmond Lynch, Sean Fan, and John Shinn.
 
  •  
2023: PEO: Luc Seraphin. Other NEOs: Desmond Lynch, Sean Fan, and John Shinn.
 
  •  
2022: PEO: Luc Seraphin. Other NEOs: Desmond Lynch, Sean Fan, John Shinn, and Keith Jones. Mr. Jones resigned from his position as Vice President, Finance, and Interim Chief Financial Officer effective as of August 5, 2022.
 
  •  
2021: PEO: Luc Seraphin. Other NEOs: Sean Fan, John Shinn, Keith Jones, Jae Kim, and Rahul Mathur. Mr. Kim resigned from his position as Senior Vice President, General Counsel and Secretary effective as of February 19, 2021. Mr. Mathur resigned from his position of Senior Vice President, Finance and Chief Financial Officer effective as of November 15, 2021.
 
  •  
2020: PEO: Luc Seraphin. Other NEOs: Sean Fan, Jae Kim, and Rahul Mathur.
 
(2)
Cumulative TSR at each fiscal year end is measured as of a base period starting as of December 31, 2019
(3)
The peer group used for relative TSR is the RDG Semiconductor Composite Index, comprising 77 constituent companies, which is the same peer group the Company uses for its Item 201(e) of Regulation
S-K
disclosure
(4)
The Company-selected measure is
pro-forma
operating income, as described in our CD&A section of the proxy.
Pro-forma
operating income is a
non-GAAP
measure that consists of GAAP operating income, adjusted for stock-based compensation expense, amortization
  expense, certain acquisition related expenses, retention bonuses, restructuring expenses, impairment charges,
non-cash
interest expense and certain other
one-time
or extraordinary expenses or credits and, as described in the CD&A section of the proxy, was also adjusted for Customer Licensing Income. Other
one-time
or extraordinary expense or income items may be excluded from
pro-forma
operating income as determined by the Compensation and Human Resources Committee.
(5)
The SEC rules require that certain adjustments be made to the Summary Compensation Table totals to determine CAP, as reported in the Pay versus Performance table above. The following table details the applicable adjustments that were made to determine CAP (a
djustments for pension or dividend payments are not covered, as Rambus does not have supplemental executive retirement plans and does not pay dividends on equity award
s,
and due to rounding, the calculated final value of the numbers shown in the following table may not be the precise values reported above
):
 
             
Equity Awards
  
Year
  
Executives
  
SCT Total($)
    
Deduct SCT
Stock & Option
Awards($)
    
Add Year-End

Value of
Unvested Equity
Granted in Year($)
    
Add Change in
Value of
Unvested
Awards Granted
in Prior Years($)
    
Add Change
in Value of
Vested Equity
Granted in
Year($)
    
Add Change in
Value of Vested
Equity Granted
in Prior Years($)
  
2024
   PEO     7,168,732       5,737,849       4,948,403       (3,587,625 )      0       (7,922,391 ) 
  Other NEO*     2,617,983       1,846,842       1,588,595       (2,333,628 )      0       (2,395,901 ) 
2023
   PEO     8,423,593       7,190,089       11,012,250       10,245,511       0       7,881,066  
  Other NEOs*     3,036,107       2,308,102       3,526,754       5,965,043       0       1,273,305  
2022
   PEO     7,130,474       5,857,203       8,872,767       3,476,967       0       5,809,709  
  Other NEOs*     3,160,306       2,492,078       4,235,555       430,855       0       412,167  
2021
   PEO     5,761,497       4,511,773       6,755,857       3,551,346       0       2,034,959  
  Other NEOs*     1,538,175       1,055,024       774,181       324,841       0       357,869  
2020
   PEO     5,377,663       4,050,500       4,009,500       1,041,477       0       76,303  
  Other NEOs*     2,291,740       1,369,477       1,377,093       507,449       0       20,680  
 
*
Presented on an averaged basis.
       
Company Selected Measure Name pro-forma operating income        
Named Executive Officers, Footnote
(1)
The NEOs for each applicable year are:
 
  •  
2024: PEO: Luc Seraphin. Other NEOs: Desmond Lynch, Sean Fan, and John Shinn.
 
  •  
2023: PEO: Luc Seraphin. Other NEOs: Desmond Lynch, Sean Fan, and John Shinn.
 
  •  
2022: PEO: Luc Seraphin. Other NEOs: Desmond Lynch, Sean Fan, John Shinn, and Keith Jones. Mr. Jones resigned from his position as Vice President, Finance, and Interim Chief Financial Officer effective as of August 5, 2022.
 
  •  
2021: PEO: Luc Seraphin. Other NEOs: Sean Fan, John Shinn, Keith Jones, Jae Kim, and Rahul Mathur. Mr. Kim resigned from his position as Senior Vice President, General Counsel and Secretary effective as of February 19, 2021. Mr. Mathur resigned from his position of Senior Vice President, Finance and Chief Financial Officer effective as of November 15, 2021.
 
  •  
2020: PEO: Luc Seraphin. Other NEOs: Sean Fan, Jae Kim, and Rahul Mathur.
       
Peer Group Issuers, Footnote The peer group used for relative TSR is the RDG Semiconductor Composite Index, comprising 77 constituent companies, which is the same peer group the Company uses for its Item 201(e) of Regulation
S-K
disclosure 		       
PEO Total Compensation Amount $ 7,168,732 $ 8,423,593 $ 7,130,474 $ 5,761,497 $ 5,377,663
PEO Actually Paid Compensation Amount $ (5,130,731) 30,372,331 19,432,713 13,591,885 6,454,443
Adjustment To PEO Compensation, Footnote
(5)
The SEC rules require that certain adjustments be made to the Summary Compensation Table totals to determine CAP, as reported in the Pay versus Performance table above. The following table details the applicable adjustments that were made to determine CAP (a
djustments for pension or dividend payments are not covered, as Rambus does not have supplemental executive retirement plans and does not pay dividends on equity award
s,
and due to rounding, the calculated final value of the numbers shown in the following table may not be the precise values reported above
):
 
             
Equity Awards
  
Year
  
Executives
  
SCT Total($)
    
Deduct SCT
Stock & Option
Awards($)
    
Add Year-End

Value of
Unvested Equity
Granted in Year($)
    
Add Change in
Value of
Unvested
Awards Granted
in Prior Years($)
    
Add Change
in Value of
Vested Equity
Granted in
Year($)
    
Add Change in
Value of Vested
Equity Granted
in Prior Years($)
  
2024
   PEO     7,168,732       5,737,849       4,948,403       (3,587,625 )      0       (7,922,391 ) 
  Other NEO*     2,617,983       1,846,842       1,588,595       (2,333,628 )      0       (2,395,901 ) 
2023
   PEO     8,423,593       7,190,089       11,012,250       10,245,511       0       7,881,066  
  Other NEOs*     3,036,107       2,308,102       3,526,754       5,965,043       0       1,273,305  
2022
   PEO     7,130,474       5,857,203       8,872,767       3,476,967       0       5,809,709  
  Other NEOs*     3,160,306       2,492,078       4,235,555       430,855       0       412,167  
2021
   PEO     5,761,497       4,511,773       6,755,857       3,551,346       0       2,034,959  
  Other NEOs*     1,538,175       1,055,024       774,181       324,841       0       357,869  
2020
   PEO     5,377,663       4,050,500       4,009,500       1,041,477       0       76,303  
  Other NEOs*     2,291,740       1,369,477       1,377,093       507,449       0       20,680  
 
*
Presented on an averaged basis.
       
Non-PEO NEO Average Total Compensation Amount [1] $ 2,617,983 3,036,107 3,160,306 1,538,175 2,291,740
Non-PEO NEO Average Compensation Actually Paid Amount $ (2,369,792) 11,493,108 5,746,805 1,940,042 2,827,485
Adjustment to Non-PEO NEO Compensation Footnote
(5)
The SEC rules require that certain adjustments be made to the Summary Compensation Table totals to determine CAP, as reported in the Pay versus Performance table above. The following table details the applicable adjustments that were made to determine CAP (a
djustments for pension or dividend payments are not covered, as Rambus does not have supplemental executive retirement plans and does not pay dividends on equity award
s,
and due to rounding, the calculated final value of the numbers shown in the following table may not be the precise values reported above
):
 
             
Equity Awards
  
Year
  
Executives
  
SCT Total($)
    
Deduct SCT
Stock & Option
Awards($)
    
Add Year-End

Value of
Unvested Equity
Granted in Year($)
    
Add Change in
Value of
Unvested
Awards Granted
in Prior Years($)
    
Add Change
in Value of
Vested Equity
Granted in
Year($)
    
Add Change in
Value of Vested
Equity Granted
in Prior Years($)
  
2024
   PEO     7,168,732       5,737,849       4,948,403       (3,587,625 )      0       (7,922,391 ) 
  Other NEO*     2,617,983       1,846,842       1,588,595       (2,333,628 )      0       (2,395,901 ) 
2023
   PEO     8,423,593       7,190,089       11,012,250       10,245,511       0       7,881,066  
  Other NEOs*     3,036,107       2,308,102       3,526,754       5,965,043       0       1,273,305  
2022
   PEO     7,130,474       5,857,203       8,872,767       3,476,967       0       5,809,709  
  Other NEOs*     3,160,306       2,492,078       4,235,555       430,855       0       412,167  
2021
   PEO     5,761,497       4,511,773       6,755,857       3,551,346       0       2,034,959  
  Other NEOs*     1,538,175       1,055,024       774,181       324,841       0       357,869  
2020
   PEO     5,377,663       4,050,500       4,009,500       1,041,477       0       76,303  
  Other NEOs*     2,291,740       1,369,477       1,377,093       507,449       0       20,680  
 
*
Presented on an averaged basis.
       
Compensation Actually Paid vs. Total Shareholder Return LOGO        
Compensation Actually Paid vs. Net Income LOGO        
Compensation Actually Paid vs. Company Selected Measure LOGO        
Total Shareholder Return Vs Peer Group LOGO        
Tabular List, Table
Tabular List of Performance Measures
 
 
Pro-forma
Operating Income
 
Relative TSR
 
Product Revenue
        
Total Shareholder Return Amount $ 383.74 495.46 260.04 213.36 126.75
Peer Group Total Shareholder Return Amount 491.01 277.14 137.05 219.49 145.23
Net Income (Loss) $ 179,800,000 $ 333,900,000 $ (14,300,000) $ 18,300,000 $ (40,500,000)
Company Selected Measure Amount 261,900,000 251,900,000 256,200,000 210,500,000 181,800,000
PEO Name Luc Seraphin        
Measure:: 1          
Pay vs Performance Disclosure          
Name Pro-forma Operating Income        
Non-GAAP Measure Description
(4)
The Company-selected measure is
pro-forma
operating income, as described in our CD&A section of the proxy.
Pro-forma
operating income is a
non-GAAP
measure that consists of GAAP operating income, adjusted for stock-based compensation expense, amortization
  expense, certain acquisition related expenses, retention bonuses, restructuring expenses, impairment charges,
non-cash
interest expense and certain other
one-time
or extraordinary expenses or credits and, as described in the CD&A section of the proxy, was also adjusted for Customer Licensing Income. Other
one-time
or extraordinary expense or income items may be excluded from
pro-forma
operating income as determined by the Compensation and Human Resources Committee.
       
Measure:: 2          
Pay vs Performance Disclosure          
Name Relative TSR        
Measure:: 3          
Pay vs Performance Disclosure          
Name Product Revenue        
PEO | Deduct SCT Stock Option Awards [Member]          
Pay vs Performance Disclosure          
Adjustment to Compensation, Amount $ (5,737,849) $ (7,190,089) $ (5,857,203) $ (4,511,773) $ (4,050,500)
PEO | Year End Value of Unvested Equity Granted in Year [Member]          
Pay vs Performance Disclosure          
Adjustment to Compensation, Amount 4,948,403 11,012,250 8,872,767 6,755,857 4,009,500
PEO | Change in Value of Unvested Awards Granted in Prior Years [Member]          
Pay vs Performance Disclosure          
Adjustment to Compensation, Amount (3,587,625) 10,245,511 3,476,967 3,551,346 1,041,477
PEO | Change in Value of Vested Equity Granted in Year [Member]          
Pay vs Performance Disclosure          
Adjustment to Compensation, Amount 0 0 0 0 0
PEO | Change in Value of Vested Equity Granted in Prior Years [Member]          
Pay vs Performance Disclosure          
Adjustment to Compensation, Amount (7,922,391) 7,881,066 5,809,709 2,034,959 76,303
Non-PEO NEO | Deduct SCT Stock Option Awards [Member]          
Pay vs Performance Disclosure          
Adjustment to Compensation, Amount [1] (1,846,842) (2,308,102) (2,492,078) (1,055,024) (1,369,477)
Non-PEO NEO | Year End Value of Unvested Equity Granted in Year [Member]          
Pay vs Performance Disclosure          
Adjustment to Compensation, Amount [1] 1,588,595 3,526,754 4,235,555 774,181 1,377,093
Non-PEO NEO | Change in Value of Unvested Awards Granted in Prior Years [Member]          
Pay vs Performance Disclosure          
Adjustment to Compensation, Amount [1] (2,333,628) 5,965,043 430,855 324,841 507,449
Non-PEO NEO | Change in Value of Vested Equity Granted in Year [Member]          
Pay vs Performance Disclosure          
Adjustment to Compensation, Amount [1] 0 0 0 0 0
Non-PEO NEO | Change in Value of Vested Equity Granted in Prior Years [Member]          
Pay vs Performance Disclosure          
Adjustment to Compensation, Amount [1] $ (2,395,901) $ 1,273,305 $ 412,167 $ 357,869 $ 20,680
[1] Presented on an averaged basis.