GODADDY INC., DEF 14A filed on 4/24/2025
Proxy Statement (definitive)
v3.25.1
Cover
 12 Months Ended
Dec. 31, 2024
Document Information [Line Items]  
Document Type DEF 14A
Amendment Flag false
Entity Information [Line Items]  
Entity Registrant Name GoDaddy Inc.
Entity Central Index Key 0001609711
v3.25.1
Pay vs Performance Disclosure
number in Millions
 12 Months Ended
Dec. 31, 2024
USD ($)
Dec. 31, 2023
USD ($)
Dec. 31, 2022
USD ($)
Dec. 31, 2021
USD ($)
Dec. 31, 2020
USD ($)
Pay vs Performance Disclosure          
Pay vs Performance Disclosure, Table
Fiscal Year (a)
Summary Compensation Table Total for PEO(1) ($) (b)
Compensation Actually Paid to PEO(2) ($) (c)
Average Summary Compensation Table Total for non-PEO NEOs(1) ($) (d)
Average Compensation Actually Paid to non-PEO NEOs(2) ($) (e)
Value of Initial Fixed $100 Investment Based On:
Net Income(4) (millions) ($) (h)
Unlevered Free Cash Flow(5) (millions) ($) (i)
GoDaddy TSR(3) ($) (f)
Peer Group TSR(3) ($) (g)
202419,465,233 72,751,381 7,518,446 20,579,956 290.59 165.08 937 1,506 
202315,877,217 30,853,433 4,146,301 5,208,078 156.30 127.53 1,376 1,254 
202218,645,890 12,378,070 4,954,336 4,347,627 110.16 79.37 353 1,096 
202115,290,590 14,914,733 4,191,579 2,520,364 124.94 152.38 243 960 
20203,670,928 7,773,317 5,719,740 3,546,026 122.13 161.36 (494)825 
        
Company Selected Measure Name Unlevered free cash flow        
Named Executive Officers, Footnote Compensation for our PEO, Mr. Bhutani, reflects the amounts reported in the “Summary Compensation Table” for the respective years. Average compensation for non-PEO NEOs includes the following NEOs: (i) in 2024, Roger Chen, Nick Daddario, Mark McCaffrey and Jared Sine; (ii) in 2023 and 2022, Mr. Chen, Mr. Daddario, Michele Lau and Mr. McCaffrey; (iii) in 2021, Mr. Daddario, Nima Kelly, Ms. Lau, Mr. McCaffrey and Raymond Winborne; and (iv) in 2020, James Carroll, Mr. Daddario, Ms. Kelly, Andrew Low Ah Kee and Mr. Winborne.        
Peer Group Issuers, Footnote TSR is cumulative for the measurement periods beginning on December 31, 2019 and ending on December 31 of each of 2024, 2023, 2022, 2021 and 2020, calculated in accordance with Item 201(e) of Regulation S-K. The peer group for purposes of this table is the same as the NASDAQ Internet Index, which is the peer group used for purposes of the performance graph as shown in our 2024 Annual Report on Form 10-K.        
PEO Total Compensation Amount $ 19,465,233 $ 15,877,217 $ 18,645,890 $ 15,290,590 $ 3,670,928
PEO Actually Paid Compensation Amount $ 72,751,381 30,853,433 12,378,070 14,914,733 7,773,317
Adjustment To PEO Compensation, Footnote In 2024, the compensation “actually paid” for the PEO and average compensation “actually paid” for our non-PEO NEOs reflects the respective amounts set forth in columns (b) and (d), adjusted in accordance with SEC rules as set forth in the table below. These dollar amounts do not reflect the actual amount of compensation earned by or paid to the PEO and our non-PEO NEOs during the applicable year. For information regarding the decisions made by our Compensation Committee with respect to the our NEOs’ compensation for fiscal year 2024, see the Compensation Discussion and Analysis beginning on page 39. Fair values set forth in the table below are computed in accordance with ASC 718 as of the end of the respective fiscal year, other than fair values of awards that vest in the covered year, which are valued as of the applicable vesting year.
PEONon-PEO NEOs
Prior FYE12/31/202312/31/2023
Current FYE12/31/202412/31/2024
Fiscal Year2024 ($)2024 ($)
Summary Compensation Table Total19,465,233 7,518,446 
 - Grant Date Fair Value of Option Awards and Stock Awards Granted in FY(17,146,808)(6,640,360)
 + Fair Value at FYE of Outstanding and Unvested Option Awards and Stock Awards Granted in FY30,999,321 11,800,388 
 + Change in Fair Value of Outstanding and Unvested Option Awards and Stock Awards Granted in Prior FYs (from prior FYE to current FYE)32,117,899 6,639,035 
 + Fair Value at Vesting of Option Awards and Stock Awards Granted in FY That Vested During FY2,481,532 542,421 
 + Change in Fair Value as of Vesting Date of Option Awards and Stock Awards Granted in Prior FYs For Which Applicable Vesting Conditions Were Satisfied During FY4,834,203 720,026 
 - Fair Value as of Prior FYE of Option Awards and Stock Awards Granted in Prior FYs That Failed to Meet Applicable Vesting Conditions During FY— — 
Compensation Actually Paid72,751,381 20,579,956 
        
Non-PEO NEO Average Total Compensation Amount $ 7,518,446 4,146,301 4,954,336 4,191,579 5,719,740
Non-PEO NEO Average Compensation Actually Paid Amount $ 20,579,956 5,208,078 4,347,627 2,520,364 3,546,026
Adjustment to Non-PEO NEO Compensation Footnote In 2024, the compensation “actually paid” for the PEO and average compensation “actually paid” for our non-PEO NEOs reflects the respective amounts set forth in columns (b) and (d), adjusted in accordance with SEC rules as set forth in the table below. These dollar amounts do not reflect the actual amount of compensation earned by or paid to the PEO and our non-PEO NEOs during the applicable year. For information regarding the decisions made by our Compensation Committee with respect to the our NEOs’ compensation for fiscal year 2024, see the Compensation Discussion and Analysis beginning on page 39. Fair values set forth in the table below are computed in accordance with ASC 718 as of the end of the respective fiscal year, other than fair values of awards that vest in the covered year, which are valued as of the applicable vesting year.
PEONon-PEO NEOs
Prior FYE12/31/202312/31/2023
Current FYE12/31/202412/31/2024
Fiscal Year2024 ($)2024 ($)
Summary Compensation Table Total19,465,233 7,518,446 
 - Grant Date Fair Value of Option Awards and Stock Awards Granted in FY(17,146,808)(6,640,360)
 + Fair Value at FYE of Outstanding and Unvested Option Awards and Stock Awards Granted in FY30,999,321 11,800,388 
 + Change in Fair Value of Outstanding and Unvested Option Awards and Stock Awards Granted in Prior FYs (from prior FYE to current FYE)32,117,899 6,639,035 
 + Fair Value at Vesting of Option Awards and Stock Awards Granted in FY That Vested During FY2,481,532 542,421 
 + Change in Fair Value as of Vesting Date of Option Awards and Stock Awards Granted in Prior FYs For Which Applicable Vesting Conditions Were Satisfied During FY4,834,203 720,026 
 - Fair Value as of Prior FYE of Option Awards and Stock Awards Granted in Prior FYs That Failed to Meet Applicable Vesting Conditions During FY— — 
Compensation Actually Paid72,751,381 20,579,956 
        
Compensation Actually Paid vs. Total Shareholder Return
TSR.jpg
Relationship 		       
Compensation Actually Paid vs. Net Income
NI.jpg
        
Compensation Actually Paid vs. Company Selected Measure
NI.jpg
        
Total Shareholder Return Vs Peer Group
TSR.jpg
Relationship 		       
Tabular List, Table
Performance Measure*
Total bookings
Revenue
NEBITDA
Unlevered free cash flow
Relative TSR
        
Total Shareholder Return Amount $ 290.59 156.30 110.16 124.94 122.13
Peer Group Total Shareholder Return Amount 165.08 127.53 79.37 152.38 161.36
Net Income (Loss) $ 937,000,000 $ 1,376,000,000 $ 353,000,000 $ 243,000,000 $ (494,000,000)
Company Selected Measure Amount 1,506 1,254 1,096 960 825
PEO Name Mr. Bhutani        
Additional 402(v) Disclosure Reflects “Net Income” in the Company’s Consolidated Statements of Operations included in the Company’s Annual Reports on Form 10-K for each of the years ended December 31, 2024, 2023, 2022, 2021 and 2020. Net income for the year ended December 31, 2023 included (i) $90.8 million in restructuring and other charges and (ii) a $971.8 million benefit for income taxes primarily due to a $1,014.0 million release of the majority of our domestic valuation allowance. For the year ended December 31, 2020, the Company recorded a one-time charge of $674.7 million to our statement of operations to adjust the liability under certain tax receivable agreements.Total Bookings is an operating metric and NEBITDA and unlevered free cash flow are not financial measures prepared in accordance with GAAP. For information on how we compute total bookings and for a reconciliation between each non-GAAP financial measure and its most directly comparable GAAP financial measure, please refer to “Appendix A—Operating and Business Metrics, Non-GAAP Financial Information and Reconciliations” in this Proxy Statement.        
Restructuring And Other Charges $ 90,800,000        
Benefit For Income Taxes 971,800,000        
Valuation Allowance Release $ 1,014,000,000        
Tax Receivable Agreement Liability, Adjustment       $ 674,700,000  
Measure:: 1          
Pay vs Performance Disclosure          
Name Total bookings        
Measure:: 2          
Pay vs Performance Disclosure          
Name Revenue        
Measure:: 3          
Pay vs Performance Disclosure          
Name NEBITDA        
Measure:: 4          
Pay vs Performance Disclosure          
Name Unlevered free cash flow        
Non-GAAP Measure Description Unlevered free cash flow is not a financial measure prepared in accordance with GAAP. For a reconciliation of uFCF to net cash provided by operating activities, its most directly comparable GAAP financial measure, please refer to “Appendix A—Operating and Business Metrics, Non-GAAP Financial Information and Reconciliations” in this Proxy Statement.        
Measure:: 5          
Pay vs Performance Disclosure          
Name Relative TSR        
PEO | Aggregate Grant Date Fair Value of Equity Award Amounts Reported in Summary Compensation Table          
Pay vs Performance Disclosure          
Adjustment to Compensation, Amount $ (17,146,808)        
PEO | Year-end Fair Value of Equity Awards Granted in Covered Year that are Outstanding and Unvested          
Pay vs Performance Disclosure          
Adjustment to Compensation, Amount 30,999,321        
PEO | Year-over-Year Change in Fair Value of Equity Awards Granted in Prior Years That are Outstanding and Unvested          
Pay vs Performance Disclosure          
Adjustment to Compensation, Amount 32,117,899        
PEO | Vesting Date Fair Value of Equity Awards Granted and Vested in Covered Year          
Pay vs Performance Disclosure          
Adjustment to Compensation, Amount 2,481,532        
PEO | Change in Fair Value as of Vesting Date of Prior Year Equity Awards Vested in Covered Year          
Pay vs Performance Disclosure          
Adjustment to Compensation, Amount 4,834,203        
PEO | Prior Year End Fair Value of Equity Awards Granted in Any Prior Year that Fail to Meet Applicable Vesting Conditions During Covered Year          
Pay vs Performance Disclosure          
Adjustment to Compensation, Amount 0        
Non-PEO NEO | Aggregate Grant Date Fair Value of Equity Award Amounts Reported in Summary Compensation Table          
Pay vs Performance Disclosure          
Adjustment to Compensation, Amount (6,640,360)        
Non-PEO NEO | Year-end Fair Value of Equity Awards Granted in Covered Year that are Outstanding and Unvested          
Pay vs Performance Disclosure          
Adjustment to Compensation, Amount 11,800,388        
Non-PEO NEO | Year-over-Year Change in Fair Value of Equity Awards Granted in Prior Years That are Outstanding and Unvested          
Pay vs Performance Disclosure          
Adjustment to Compensation, Amount 6,639,035        
Non-PEO NEO | Vesting Date Fair Value of Equity Awards Granted and Vested in Covered Year          
Pay vs Performance Disclosure          
Adjustment to Compensation, Amount 542,421        
Non-PEO NEO | Change in Fair Value as of Vesting Date of Prior Year Equity Awards Vested in Covered Year          
Pay vs Performance Disclosure          
Adjustment to Compensation, Amount 720,026        
Non-PEO NEO | Prior Year End Fair Value of Equity Awards Granted in Any Prior Year that Fail to Meet Applicable Vesting Conditions During Covered Year          
Pay vs Performance Disclosure          
Adjustment to Compensation, Amount $ 0        
v3.25.1
Award Timing Disclosure
 12 Months Ended
Dec. 31, 2024
Award Timing Disclosures [Line Items]  
Award Timing MNPI Disclosure
Item 402(x) of Regulation S-K requires us to discuss our policies and practices on timing of awards of options in relation to the disclosure by us of material non-public information by us. Equity awards are discretionary and are generally granted to our named executive officers at the end of February after the Compensation Committee’s annual performance review. In certain circumstances, including the hiring, promotion or in connection with achievement of an exceptional performance of an officer, the Compensation Committee may approve grants at other times throughout the year. The Compensation Committee does not grant stock options (or similar awards with “option-like” features) to its employees. Eligible employees, including our NEOs, may voluntarily enroll in the ESPP and may purchase shares at a discount using payroll deductions accumulated during the prior six-month period. Purchase dates under the ESPP are generally the 15th day of May and November. The Compensation Committee does not take material non-public information into account when determining the timing and terms of equity awards, and we do not time the disclosure of material non-public information for the purpose of affecting the value of executive compensation.
Award Timing MNPI Considered false
Award Timing, How MNPI Considered The Compensation Committee does not take material non-public information into account when determining the timing and terms of equity awards, and we do not time the disclosure of material non-public information for the purpose of affecting the value of executive compensation.
MNPI Disclosure Timed for Compensation Value false
v3.25.1
Insider Trading Policies and Procedures
 12 Months Ended
Dec. 31, 2024
Insider Trading Policies and Procedures [Line Items]  
Insider Trading Policies and Procedures Adopted true