| | | | By Order of the Board of Directors, | |
| | | |
Erica Borenstein
General Counsel and Secretary |
|
|
Denver, Colorado
March 24, 2021 |
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Year Ended
December 31, 2020 |
| |
Year Ended
December 31, 2019 |
| ||||||
Audit Fees(1)
|
| | | $ | 379,546 | | | | | $ | 484,726 | | |
Audit-Related Fees(2)
|
| | | | 0 | | | | | | 4,750 | | |
Tax Fees
|
| | | | — | | | | | | — | | |
Total
|
| | | $ | 379,546 | | | | | $ | 489,476 | | |
Member
|
| |
Audit
Committee |
| |
Compensation
Committee |
| |
Nominating and
Corporate Governance Committee |
|
Chris A. Downey* | | |
X (chair)
|
| |
X
|
| |
X
|
|
Joseph W. Glauber | | |
X
|
| |
X
|
| |
X(chair)
|
|
John A. Good | | |
X
|
| |
X (chair)
|
| |
X
|
|
Name
|
| |
Fees
Paid in Cash |
| |
Awards(1)
|
| |
Stock
Compensation(2) |
| |
All Other
Total |
| ||||||||||||
Chris A. Downey
|
| | | $ | 50,750 | | | | | $ | 25,000 | | | | | $ | 738.95 | | | | | $ | 76,488.95 | | |
Joseph W. Glauber
|
| | | $ | 38,250 | | | | | $ | 25,000 | | | | | $ | 738.95 | | | | | $ | 63,988.95 | | |
John A. Good
|
| | | $ | 39,750 | | | | | $ | 25,000 | | | | | $ | 972.40 | | | | | $ | 65,722.40 | | |
Thomas P. Heneghan(3)
|
| | | | — | | | | | | — | | | | | | — | | | | | | — | | |
Toby L. O’Rourke(4)
|
| | | | — | | | | | | — | | | | | | — | | | | | | — | | |
Name
|
| |
Age(1)
|
| |
Title
|
|
Paul A. Pittman | | |
58
|
| | Executive Chairman, President and Chief Executive Officer | |
Luca Fabbri | | |
52
|
| | Chief Financial Officer and Treasurer | |
Erica Borenstein | | |
51
|
| | General Counsel and Secretary | |
Name and Principal Position
|
| |
Year
|
| |
Salary
|
| |
Bonus(1)
|
| |
Stock
Awards(2) |
| |
All Other
Compensation(3) |
| |
Total
|
| ||||||||||||||||||
Paul A. Pittman
|
| | | | 2020 | | | | | $ | 525,000 | | | | | $ | 440,000 | | | | | $ | 300,000 | | | | | $ | 34,296 | | | | | $ | 1,299,296 | | |
Executive, President and Chief Executive
Officer |
| | | | 2019 | | | | | $ | 477,000 | | | | | $ | 477,000 | | | | | $ | 809,580 | | | | | $ | 40,314 | | | | | $ | 1,803,894 | | |
Luca Fabbri
|
| | | | 2020 | | | | | $ | 300,000 | | | | | $ | 125,000 | | | | | $ | 285,000 | | | | | $ | 15,791 | | | | | $ | 725,791 | | |
Chief Financial Officer and Treasurer
|
| | | | 2019 | | | | | $ | 275,000 | | | | | $ | 150,000 | | | | | $ | 247,200 | | | | | $ | 13,176 | | | | | $ | 685,376 | | |
Erica Borenstein
|
| | | | 2020 | | | | | $ | 200,000 | | | | | $ | 85,000 | | | | | $ | 110,000 | | | | | $ | 4,557 | | | | | $ | 399,557 | | |
General Counsel and Secretary
|
| | | | 2019 | | | | | $ | 180,000 | | | | | $ | 125,000 | | | | | $ | 41,196 | | | | | $ | 2,775 | | | | | $ | 348,971 | | |
Name
|
| |
Grant Date
|
| |
Market Value
of Shares That Have Not Vested(1) |
| |
Number
of Shares That Have Not Vested |
| |||||||||
Paul A. Pittman
|
| | | | 3/5/2018 | | | | | $ | 224,520.90 | | | | | | 25,807(2) | | |
Executive Chairman and Chief Executive Officer
|
| | | | 3/15/2019 | | | | | $ | 759,805.80 | | | | | | 87,334(2) | | |
| | | | | 3/16/2020 | | | | | $ | 420,288.30 | | | | | | 48,309(2) | | |
Luca Fabbri
|
| | | | 3/5/2018 | | | | | $ | 93,559.80 | | | | | | 10,754(2) | | |
Chief Financial Officer and Treasurer
|
| | | | 3/15/2019 | | | | | $ | 232,002.90 | | | | | | 26,667(2) | | |
| | | | | 3/16/2020 | | | | | $ | 399,269.10 | | | | | | 45,893 | | |
Erica Borenstein
|
| | | | 6/13/2016 | | | | | $ | 15,703.50 | | | | | | 1,805(3) | | |
General Counsel and Secretary
|
| | | | 2/12/2018 | | | | | $ | 11,692.80 | | | | | | 1,344(2) | | |
| | | | | 3/15/2019 | | | | | $ | 38,662.80 | | | | | | 4,444(2) | | |
| | | | | 3/16/2020 | | | | | $ | 154,103.10 | | | | | | 17,713(2) | | |
Plan Category
|
| |
Number of
Securities to be Issued Upon Exercise of Outstanding Options, Warrants and Rights |
| |
Weighted
Average Exercise Price of Outstanding Options, Warrants and Rights |
| |
Number of
Securities Remaining Available for Future Issuance Under Equity Compensation Plans (Excluding Securities Reflected in First Column) |
| |||||||||
Equity compensation plans approved by stockholders
|
| | | | — | | | | | | — | | | | | | 248,466 | | |
Equity compensation plans not approved by stockholders
|
| | | | — | | | | | | — | | | | | | — | | |
Total
|
| | | | — | | | | | | — | | | | | | 248,466 | | |
Name
|
| |
Number of
Shares of Common Stock Beneficially Owned |
| |
% of All
Common Stock Shares(1) |
| |
Number of
shares of 6.00% Series B Participating Preferred Stock Beneficially Owned |
| |
% of All
Shares of 6.00% Series B Participating Preferred Stock(2) |
| ||||||||||||
Paul A. Pittman
|
| | | | 2,474,203(3) | | | | | | 8.1% | | | | | | 800 | | | | | | * | | |
Luca Fabbri
|
| | | | 207,715(4) | | | | | | * | | | | | | 1,400(5) | | | | | | * | | |
Erica Borenstein
|
| | | | 58,815 | | | | | | * | | | | | | — | | | | | | | | |
Chris A. Downey
|
| | | | 76,364(6) | | | | | | * | | | | | | | | | | | | | | |
Joseph W. Glauber
|
| | | | 15,291 | | | | | | * | | | | | | — | | | | | | | | |
John A. Good
|
| | | | 28,265 | | | | | | * | | | | | | — | | | | | | * | | |
Thomas P. Heneghan
|
| | | | 1,318,388(7) | | | | | | 4.3% | | | | | | — | | | | | | * | | |
Toby L. O’Rourke
|
| | | | — | | | | | | * | | | | | | — | | | | | | * | | |
All executive officers, directors and director nominees as
a group (8 people) |
| | | | 4,179,041 | | | | | | 13.6% | | | | | | 5,468 | | | | | | * | | |
More than 5% Beneficial Owners | | | | | | | | | | | | | | | | | | | | | | | | | |
BlackRock, Inc.(8)
55 East 52nd Street New York, NY 10055 |
| | | | 1,961,352 | | | | | | 6.4% | | | | | | — | | | | | | | | |
Global Alpha Capital Management Ltd.(9)
1800 McGill College Avenue Suite 2310 Montreal A8 H3A 3J6 |
| | | | 2,818,732 | | | | | | 9.2% | | | | | | — | | | | | | — | | |
Gerald R. Forsythe(10)
111 Willis Avenue Wheeling, IL 60090 |
| | | | 1,527,368 | | | | | | 5.0% | | | | | | — | | | | | | * | | |
Name and Title
|
| |
Number of
Shares (#) of Restricted Stock Granted |
| |||
Paul A. Pittman
Executive Chairman, President and Chief Executive Officer |
| | | | 480,699 | | |
Luca Fabbri
Chief Financial Officer and Treasurer |
| | | | 200,215 | | |
Erica Borestein
General Counsel and Secretary |
| | | | 38,815 | | |
All current executive officers, as a group (3 persons)
|
| | | | 719,729 | | |
All current directors who are not current executive officers as a group (5 persons)
|
| | | | 37,717 | | |
Each nominee for election as a director
|
| | | | — | | |
Each associate of any such directors, executive officers, or nominees
|
| | | | — | | |
Each other person who received or is to receive 5 percent of such options or awards
|
| | | | — | | |
All employees, including officers who are not current executive officers, as a group
|
| | | | 1,029,075 | | |
| | | | **** | |
| | | |
By Order of the Board of Directors,
|
|
| | | |
Erica Borenstein
General Counsel and Secretary |
|
| Denver, Colorado | | | | |
| March 24, 2021 | | | | |