Good for him. Stock bonuses is basically a bonus based on performance. Parker's team indirectly saved the rear ends of thousands of US Airways Group employees, so far successfully merged a low cost carrier with a red ink tank, and has one of the few large airlines with a "buy" stock.
Before I get slammed on this, I agree that Wolf, Gangwal, Seagal raped the airline and ran away with the bank. Parker turned down a one time $770K in hard money check, appears to get paid about 1.8 million in hard money over a undisclosed "long term" plan. The majority is coming from the airlines stock holdings. The stock has been doing well so you'd expect his holdings to be worth more? Again, good for him, his team took the risk on US Airways despite the experts saying he was crazy and so far is winning.