| | | |
On Behalf of the Board of Directors
|
|
|
Milwaukee, Wisconsin
March 25, 2021 |
| |
Thomas F. Kissinger
Senior Executive Vice President, General Counsel and Secretary |
|
| | |
Name
|
| |
Current Principal Occupation
|
| |
Age
|
| |
Director
Since |
|
|
| |
Stephen H. Marcus
|
| |
Our chairman of the board. In January 2009, he retired as our chief executive officer, a position he had held since 1988. Mr. Marcus’ long-time service as our chief executive officer and chairman of the board led to our conclusion that he should serve as a director of the Company, including as our chairman of the board.(1)(2)
|
| |
85
|
| |
1969
|
|
|
| |
Gregory S. Marcus
|
| |
Our chief executive officer since January 2009 and our president since January 2008. Prior thereto, he was our senior vice president — corporate development. Mr. Marcus’ experience with our Company since 1999 in various positions, including his current role as our chief executive officer, led to our conclusion that he should serve as a director of the Company.(1)(2)(3)
|
| |
56
|
| |
2005
|
|
|
| |
Diane Marcus Gershowitz
|
| |
Real estate management and investments. Ms. Gershowitz’s long-standing service on our board and her expertise in real estate matters led to our conclusion that she should serve as a director of the Company.(1)(2)
|
| |
82
|
| |
1985
|
|
| | |
Name
|
| |
Current Principal Occupation
|
| |
Age
|
| |
Director
Since |
|
|
| |
Allan H. Selig
|
| |
Chief executive officer of Selig Leasing Co., Inc. (automobile leasing agency) and Commissioner Emeritus of Major League Baseball. Mr. Selig’s long-standing service on our board and his experience as commissioner of Major League Baseball has led to our conclusion that he should serve as a director of the Company.(4)
|
| |
86
|
| |
1995
|
|
|
| |
Timothy E. Hoeksema
|
| |
Retired chairman of the board, president and chief executive officer of Midwest Air Group, Inc. (commercial airline carrier). Mr. Hoeksema’s long-standing service on our board and his experience as the chief executive officer for many years at one of the nation’s most recognized service-oriented national travel carriers and his experience in the travel industry led to our conclusion that he should serve as a director of the Company.
|
| |
74
|
| |
1995
|
|
|
| |
Bruce J. Olson
|
| |
Our retired senior vice president and retired president of Marcus Theatres Corporation. Mr. Olson’s long-standing service on our board and extensive experience gained while leading our theatre division led to our conclusion that he should serve as a director of the Company.
|
| |
71
|
| |
1996
|
|
|
| |
Philip L. Milstein
|
| |
Principal of Ogden CAP Properties, LLC (real estate and investments) and former co-chairman of Emigrant Savings Bank (savings bank). Mr. Milstein’s long-standing service on our board of directors and his financial expertise and experience led to our conclusion that he should serve as a director of the Company.
|
| |
71
|
| |
1996
|
|
|
| |
Brian J. Stark
|
| |
Founding principal, chief executive officer and chief investment officer of Stark Investments (global alternative investment firm). Mr. Stark’s extensive executive level experience in the investment industry and financial markets led to our conclusion that he should serve as a director of the Company.(5)
|
| |
66
|
| |
2012
|
|
| | |
Name
|
| |
Current Principal Occupation
|
| |
Age
|
| |
Director
Since |
|
|
| |
Katherine M. Gehl
|
| |
President of Gehl Foods, Inc. from September 2011 to March 2015, and chairman of Gehl Foods, Inc. from 2007 to September 2011. Ms. Gehl’s extensive executive-level experience in the food service and hospitality industries and board of directors experience led to our conclusion that she should serve as a director of the Company.
|
| |
54
|
| |
2015
|
|
|
| |
David M. Baum
|
| |
Managing Member of Baum Media Group, LLC since February 2005. Special Advisor to The Golf Channel from August 2017 to February 2020. President of Maven Marketing, LLC (d/b/a Revolution Golf) from April 2013 to July 2017 and Partner with Goldman, Sachs & Co. from 1998 to 2003. Mr. Baum’s expertise in matters relating to corporate finance, mergers and acquisitions, corporate governance, leisure travel and digital media led to our conclusion that he should serve as a director of the Company.(6)
|
| |
56
|
| |
2016
|
|
Name of Individual or
Group/Class of Stock |
| |
Sole Voting
and Investment Power(1) |
| |
Shared Voting
and Investment Power(1) |
| |
Total Share
Ownership and Percentage of Class(1) |
| |
Percentage of
Aggregate Voting Power(1) |
| ||||||||||||
Directors and Named Executive Officers
|
| ||||||||||||||||||||||||
Stephen H. Marcus(2) | | | | | | | | | | | | | | | | | | | | | | | | | |
Common Shares
|
| | | | 21,895 | | | | | | 6,003 | | | | | | 27,898 | | | | | | | | |
| | | | | | | | | | | | | | | | | * | | | | | | 45.5% | | |
Class B Shares
|
| | | | 4,576,347 | | | | | | 52,070 | | | | | | 4,628,417 | | | | | | | | |
| | | | | | | | | | | | | | | | | 59.1% | | | | | | | | |
Diane Marcus Gershowitz(2) | | | | | | | | | | | | | | | | | | | | | | | | | |
Common Shares
|
| | | | 212,929(3) | | | | | | 0 | | | | | | 212,929(3) | | | | | | | | |
| | | | | | | | | | | | | | | | | * | | | | | | 26.0% | | |
Class B Shares
|
| | | | 2,439,613 | | | | | | 182,351 | | | | | | 2,621,964 | | | | | | | | |
| | | | | | | | | | | | | | | | | 33.5% | | | | | | | | |
Gregory S. Marcus | | | | | | | | | | | | | | | | | | | | | | | | | |
Common Shares
|
| | | | 513,145(4)(5) | | | | | | 75 | | | | | | 513,220(4)(5) | | | | | | | | |
| | | | | | | | | | | | | | | | | 2.2% | | | | | | 2.7% | | |
Class B Shares
|
| | | | 210,230 | | | | | | 18,233 | | | | | | 228,463 | | | | | | | | |
| | | | | | | | | | | | | | | | | 2.9% | | | | | | | | |
Allan H. Selig | | | | | | | | | | | | | | | | | | | | | | | | | |
Common Shares
|
| | | | 42,265(3) | | | | | | 0 | | | | | | 42,265(3) | | | | | | | | |
| | | | | | | | | | | | | | | | | * | | | | | | * | | |
Timothy E. Hoeksema | | | | | | | | | | | | | | | | | | | | | | | | | |
Common Shares
|
| | | | 28,006(3) | | | | | | 15,002 | | | | | | 43,008(3) | | | | | | | | |
| | | | | | | | | | | | | | | | | * | | | | | | * | | |
Philip L. Milstein | | | | | | | | | | | | | | | | | | | | | | | | | |
Common Shares
|
| | | | 56,099(3)(6) | | | | | | 0 | | | | | | 56,099(3)(6) | | | | | | | | |
| | | | | | | | | | | | | | | | | * | | | | | | * | | |
Brian J. Stark | | | | | | | | | | | | | | | | | | | | | | | | | |
Common Shares
|
| | | | 24,156(3) | | | | | | 0 | | | | | | 24,156(3) | | | | | | | | |
| | | | | | | | | | | | | | | | | * | | | | | | * | | |
Bruce J. Olson | | | | | | | | | | | | | | | | | | | | | | | | | |
Common Shares
|
| | | | 11,437(3) | | | | | | 8,731 | | | | | | 20,168(3) | | | | | | | | |
| | | | | | | | | | | | | | | | | * | | | | | | * | | |
Katherine M. Gehl | | | | | | | | | | | | | | | | | | | | | | | | | |
Common Shares
|
| | | | 16,206(3) | | | | | | 0 | | | | | | 16,206(3) | | | | | | | | |
| | | | | | | | | | | | | | | | | * | | | | | | * | | |
David M. Baum | | | | | | | | | | | | | | | | | | | | | | | | | |
Common Shares
|
| | | | 15,983(3) | | | | | | 0 | | | | | | 15,983(3) | | | | | | | | |
| | | | | | | | | | | | | | | | | * | | | | | | * | | |
Name of Individual or
Group/Class of Stock |
| |
Sole Voting
and Investment Power(1) |
| |
Shared Voting
and Investment Power(1) |
| |
Total Share
Ownership and Percentage of Class(1) |
| |
Percentage of
Aggregate Voting Power(1) |
| ||||||||||||
Directors and Named Executive Officers
|
| ||||||||||||||||||||||||
Thomas F. Kissinger | | | | | | | | | | | | | | | | | | | | | | | | | |
Common Shares
|
| | | | 165,332(5) | | | | | | 0 | | | | | | 165,332(5) | | | | | | | | |
| | | | | | | | | | | | | | | | | * | | | | | | * | | |
Douglas A. Neis | | | | | | | | | | | | | | | | | | | | | | | | | |
Common Shares
|
| | | | 151,295(5) | | | | | | 60,958 | | | | | | 212,253(5) | | | | | | | | |
| | | | | | | | | | | | | | | | | * | | | | | | * | | |
Rolando B. Rodriguez | | | | | | | | | | | | | | | | | | | | | | | | | |
Common Shares
|
| | | | 106,180(4)(5) | | | | | | 17,713 | | | | | | 123,893(4)(5) | | | | | | | | |
| | | | | | | | | | | | | | | | | * | | | | | | * | | |
All directors and executive officers as a group
(13 persons) |
| | | | | | | | | | | | | | | | | | | | | | | | |
Common Shares(7)
|
| | | | 1,364,928(7) | | | | | | 108,482 | | | | | | 1,473,410(7) | | | | | | | | |
| | | | | | | | | | | | | | | | | 6.1% | | | | | | 74.4% | | |
Class B Shares
|
| | | | 7,226,190 | | | | | | 252,654 | | | | | | 7,478,844 | | | | | | | | |
| | | | | | | | | | | | | | | | | 95.6% | | | | | | | | |
Other Five Percent Shareholders
|
| ||||||||||||||||||||||||
BlackRock, Inc.(8) | | | | | | | | | | | | | | | | | | | | | | | | | |
Common Shares(9)
|
| | | | 3,515,080 | | | | | | 0 | | | | | | 3,515,080 | | | | | | | | |
| | | | | | | | | | | | | | | | | 15.0% | | | | | | 3.5% | | |
FMR LLC(10) | | | | | | | | | | | | | | | | | | | | | | | | | |
Common Shares(11)
|
| | | | 2,905,553 | | | | | | 0 | | | | | | 2,905,553 | | | | | | | | |
| | | | | | | | | | | | | | | | | 12.4% | | | | | | 2.9% | | |
Dimensional Fund Advisors LP(12) | | | | | | | | | | | | | | | | | | | | | | | | | |
Common Shares(13)
|
| | | | 1,422,977 | | | | | | 0 | | | | | | 1,422,977 | | | | | | | | |
| | | | | | | | | | | | | | | | | 6.1% | | | | | | 1.4% | | |
Lazard Asset Management LLC(14) | | | | | | | | | | | | | | | | | | | | | | | | | |
Common Shares(15)
|
| | | | 1,248,740 | | | | | | 0 | | | | | | 1,248,740 | | | | | | | | |
| | | | | | | | | | | | | | | | | 5.3% | | | | | | 1.2% | | |
The Vanguard Group(16) | | | | | | | | | | | | | | | | | | | | | | | | | |
Common Shares(17)
|
| | | | 1,150,448 | | | | | | 22,696 | | | | | | 1,173,144 | | | | | | | | |
| | | | | | | | | | | | | | | | | 5.0% | | | | | | 1.2% | | |
Name
|
| |
Total Dollar Value
of Long-Term Incentive Award (100%) |
| |
Dollar Value/
Shares(1) of Option Component (36 – 44%) |
| |
Dollar Value/
Shares(2) of Restricted Stock Component (19 – 25%) |
| |
Dollar Value of
Performance Cash Component Target Award (37 – 39%) |
| |||||||||
Mr. G. Marcus
|
| | | $ | 2,755,010 | | | | | $ | 1,200,700 / 201,000 | | | |
$534,310 / 17,000
|
| | | $ | 1,020,000 | | |
Mr. D. Neis
|
| | | $ | 811,133 | | | | | $ | 343,800 / 56,400 | | | |
$160,293 / 5,100
|
| | | $ | 307,000 | | |
Mr. T. Kissinger
|
| | | $ | 865,165 | | | | | $ | 362,300 / 59,000 | | | |
$172,865 / 5,500
|
| | | $ | 330,000 | | |
Mr. R. Rodriguez
|
| | | $ | 1,234,700 | | | | | $ | 440,400 / 70,000 | | | |
$314,300 / 10,000
|
| | | $ | 480,000 | | |
Name
|
| |
Total Dollar Value
of Long-Term Incentive Award (100%) |
| |
Dollar Value/
Shares(1) of Option Component (34 – 41%) |
| |
Dollar Value/
Shares(2) of Restricted Stock Component (26 – 35%) |
| |
Dollar Value of
Performance Cash Component Target Award (31 – 33%) |
| ||||||
Mr. G. Marcus
|
| | | $ | 3,276,292 | | | |
$1,320,826 / 137,300
|
| |
$905,466 / 45,800
|
| | | $ | 1,050,000 | | |
Mr. D. Neis
|
| | | $ | 1,061,558 | | | |
$ 434,824 / 45,200
|
| |
$280,734 / 14,200
|
| | | $ | 346,000 | | |
Mr. T. Kissinger
|
| | | $ | 1,103,721 | | | |
$ 453,102 / 47,100
|
| |
$290,619 / 14,700
|
| | | $ | 360,000 | | |
Mr. R. Rodriguez
|
| | | $ | 1,595,044 | | | |
$ 543,530 / 56,500
|
| |
$557,514 / 28,200
|
| | | $ | 494,000 | | |
| | | | | |
Estimated Annual Pension Plan Benefits
for Representative Years of Service |
| |||||||||||||||||||||
Final Five-Year
Average Compensation |
| | | | |
15
|
| |
20
|
| |
25
|
| |
30
|
| ||||||||||||
$100,000 | | | | $ | 25,000 | | | | | $ | 33,300 | | | | | $ | 41,667 | | | | | $ | 50,000 | | | |||
200,000 | | | | | 50,000 | | | | | | 66,600 | | | | | | 83,334 | | | | | | 100,000 | | | |||
350,000 | | | | | 87,500 | | | | | | 116,550 | | | | | | 145,834 | | | | | | 175,000 | | | |||
500,000 | | | | | 125,000 | | | | | | 166,500 | | | | | | 208,335 | | | | | | 250,000 | | | |||
650,000 | | | | | 162,500 | | | | | | 216,450 | | | | | | 270,835 | | | | | | 325,000 | | | |||
800,000 | | | | | 200,000 | | | | | | 266,400 | | | | | | 333,333 | | | | | | 400,000 | | | |||
950,000 | | | | | 237,500 | | | | | | 316,350 | | | | | | 395,836 | | | | | | 475,000 | | |
|
Points
|
| |
Group One Percentage of
Compensation |
| |
Group Two Percentage of
Compensation |
| ||||||
|
<60
|
| | | | 2.0% | | | | | | 1.00% | | |
|
60 – 69
|
| | | | 2.5% | | | | | | 1.25% | | |
|
70 – 79
|
| | | | 3.0% | | | | | | 1.50% | | |
|
80+
|
| | | | 3.5% | | | | | | 1.75% | | |
Name and Current
Principal Position |
| |
Fiscal
Year |
| |
Salary
|
| |
Bonus
|
| |
Restricted
Stock Awards(1) |
| |
Option
Awards(2) |
| |
Non-Equity
Incentive Plan Compensation(3) |
| |
Change in
Pension Value and Non-Qualified Deferred Compensation Earnings(4) |
| |
All Other
Compensation(5)(6) |
| |
Total
|
| |||||||||||||||||||||||||||
Stephen H. Marcus
Chairman of the Board |
| | | | 2020 | | | | | $ | 425,923 | | | | | $ | — | | | | | $ | — | | | | | $ | — | | | | | $ | — | | | | | $ | 50,079 | | | | | $ | 324,175 | | | | | $ | 800,177 | | |
| | | 2019 | | | | | | 564,423 | | | | | | — | | | | | | — | | | | | | — | | | | | | 140,083 | | | | | | 147,981 | | | | | | 311,945 | | | | | | 1,164,432 | | | ||
| | | 2018 | | | | | | 508,269 | | | | | | — | | | | | | — | | | | | | — | | | | | | 193,788 | | | | | | 1,151 | | | | | | 311,945 | | | | | | 1,015,153 | | | ||
Gregory S. Marcus
President and CEO |
| | | | 2020 | | | | | $ | 465,769 | | | | | $ | — | | | | | $ | 534,310 | | | | | $ | 1,200,700 | | | | | $ | 469,900 | | | | | $ | 1,917,912 | | | | | $ | 19,419 | | | | | $ | 4,608,010 | | |
| | | 2019 | | | | | | 834,135 | | | | | | 100,000 | | | | | | 472,468 | | | | | | 954,720 | | | | | | 753,608 | | | | | | 2,185,347 | | | | | | 41,779 | | | | | | 5,342,057 | | | ||
| | | 2018 | | | | | | 745,577 | | | | | | — | | | | | | 443,700 | | | | | | 653,250 | | | | | | 987,378 | | | | | | 64,095 | | | | | | 36,386 | | | | | | 2,930,386 | | | ||
Douglas A. Neis
Executive Vice President, CFO and Treasurer |
| | | | 2020 | | | | | $ | 443,539 | | | | | $ | — | | | | | $ | 160,293 | | | | | $ | 343,840 | | | | | $ | 187,960 | | | | | $ | 446,000 | | | | | $ | 24,589 | | | | | $ | 1,606,221 | | |
| | | 2019 | | | | | | 459,712 | | | | | | 40,000 | | | | | | 146,628 | | | | | | 297,840 | | | | | | 246,135 | | | | | | 637,000 | | | | | | 32,958 | | | | | | 1,860,273 | | | ||
| | | 2018 | | | | | | 424,677 | | | | | | — | | | | | | 137,025 | | | | | | 204,685 | | | | | | 299,214 | | | | | | — | | | | | | 32,076 | | | | | | 1,097,677 | | | ||
Thomas F. Kissinger
Senior Executive Vice President, General Counsel and Secretary |
| | | | 2020 | | | | | $ | 462,154 | | | | | $ | — | | | | | $ | 172,865 | | | | | $ | 362,300 | | | | | $ | 202,280 | | | | | $ | 497,452 | | | | | $ | 24,396 | | | | | $ | 1,727,447 | | |
| | | 2019 | | | | | | 481,615 | | | | | | 40,000 | | | | | | 158,847 | | | | | | 318,240 | | | | | | 257,745 | | | | | | 677,113 | | | | | | 32,898 | | | | | | 1,966,458 | | | ||
| | | 2018 | | | | | | 455,592 | | | | | | — | | | | | | 143,550 | | | | | | 212,524 | | | | | | 303,768 | | | | | | 201,330 | | | | | | 36,621 | | | | | | 1,353,385 | | | ||
Rolando B. Rodriguez
Executive Vice President, Chairman, President and CEO of Marcus Theatres Corporation |
| | | | 2020 | | | | | $ | 557,077 | | | | | $ | — | | | | | $ | 314,300 | | | | | $ | 440,400 | | | | | $ | 237,490 | | | | | $ | 432,580 | | | | | $ | 29,611 | | | | | $ | 2,011,458 | | |
| | | 2019 | | | | | | 591,961 | | | | | | 60,000 | | | | | | 285,110 | | | | | | 401,200 | | | | | | 198,202 | | | | | | 465,444 | | | | | | 43,603 | | | | | | 2,045,520 | | | ||
| | | 2018 | | | | | | 544,969 | | | | | | — | | | | | | 287,100 | | | | | | 296,140 | | | | | | 648,980 | | | | | | 182,919 | | | | | | 42,116 | | | | | | 2,002,224 | | |
| | |
Grant
Date(1) |
| |
Estimated Future Payouts
Under Non-Equity Incentive Plan Awards(2) |
| |
Estimated Future Payouts
Under Equity Incentive Plan Awards |
| |
All Other
Stock Awards: No. of Shares of Stock or Units |
| |
All Other
Option Awards: No. of Securities Underlying Options |
| |
Exercise
or Base Price of Option Awards |
| |
Grant Date
Fair Value of Stock and Option Awards(3) |
| |||||||||||||||||||||||||||||||||||||||||||||
Name
|
| |
Threshold
|
| |
Target
|
| |
Maximum
|
| |
Threshold
|
| |
Target
|
| |
Maximum
|
| ||||||||||||||||||||||||||||||||||||||||||||||||
Mr. S. Marcus
|
| | | | N/A | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | |
| | | | | | | | | 0 | | | | | $ | 210,778 | | | | | $ | 543,590 | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | ||
Mr. G. Marcus
|
| | | | 02/19/20 | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | 17,000 | | | | | | — | | | | | | — | | | | | $ | 534,310 | | |
| | | 02/25/20 | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | 121,000 | | | | | $ | 28.88 | | | | | | 859,100 | | | ||
| | | 05/08/20 | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | 80,000 | | | | | $ | 12.71 | | | | | | 341,600 | | | ||
| | | | | | | | | 0 | | | | | | 1,756,422 | | | | | | 3,597,800 | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | ||
Mr. Neis
|
| | | | 02/19/20 | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | 5,100 | | | | | | — | | | | | | — | | | | | | 160,293 | | |
| | | 02/25/20 | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | 36,400 | | | | | $ | 28.88 | | | | | | 258,440 | | | ||
| | | 05/08/20 | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | 20,000 | | | | | $ | 12.71 | | | | | | 85,400 | | | ||
| | | | | | | | | 0 | | | | | | 503,804 | | | | | | 931,873 | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | ||
Mr. Kissinger
|
| | | | 02/19/20 | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | 5,500 | | | | | | — | | | | | | — | | | | | | 172,865 | | |
| | | 02/25/20 | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | 39,000 | | | | | $ | 28.88 | | | | | | 276,900 | | | ||
| | | 05/08/20 | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | 20,000 | | | | | $ | 12.71 | | | | | | 85,400 | | | ||
| | | | | | | | | 0 | | | | | | 529,804 | | | | | | 969,373 | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | ||
Mr. Rodriguez
|
| | | | 02/19/20 | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | 10,000 | | | | | | — | | | | | | — | | | | | | 314,300 | | |
| | | 02/25/20 | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | 50,000 | | | | | $ | 28.88 | | | | | | 355,000 | | | ||
| | | 05/08/20 | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | 20,000 | | | | | $ | 12.71 | | | | | | 85,400 | | | ||
| | | | | | | | | 0 | | | | | | 790,719 | | | | | | 1,714,301 | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | |
| | |
Option Awards
|
| |
Restricted Stock Awards
|
| | |||||||||||||||||||||||||||||||||||||||||||||||
Name
|
| |
No. of
Common Shares Underlying Unexercised Options (#Exercisable) |
| |
No. of
Common Shares Underlying Unexercised Options (#Unexercisable) |
| |
Equity
Incentive Plan Awards: No. of Common Shares Underlying Unexercised Unearned Options |
| |
Option
Exercise Price |
| |
Option
Expiration Date |
| |
No. of
Common Shares That Have Not Vested |
| |
Market
Value of Common Shares That Have Not Vested(1) |
| |
Equity
Incentive Plan Awards: No. of Unearned Common Shares That Have Not Vested |
| |
Equity
Incentive Plan Awards: Market or Payout Value of Unearned Shares That Have Not Vested |
| |||||||||||||||||||||||||||
Mr. S. Marcus
|
| | | | N/A | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | |
Mr. G. Marcus
|
| | | | 60,000 | | | | | | — | | | | | | — | | | | | | 10.00 | | | | | | 07/26/2021 | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | |
| | | 52,000 | | | | | | — | | | | | | — | | | | | | 13.12 | | | | | | 07/31/2022 | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | ||
| | | 57,500 | | | | | | — | | | | | | — | | | | | | 13.04 | | | | | | 07/30/2023 | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | ||
| | | 49,500 | | | | | | — | | | | | | — | | | | | | 18.34 | | | | | | 07/29/2024 | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | ||
| | | 44,100 | | | | | | — | | | | | | — | | | | | | 20.26 | | | | | | 07/28/2025 | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | ||
| | | 22,800 | | | | | | 5,700(2) | | | | | | — | | | | | | 18.68 | | | | | | 03/01/2026 | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | ||
| | | 24,000 | | | | | | 16,000(3) | | | | | | — | | | | | | 31.20 | | | | | | 02/28/2027 | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | ||
| | | 37,500 | | | | | | 37,500(4) | | | | | | — | | | | | | 27.00 | | | | | | 02/27/2028 | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | ||
| | | — | | | | | | 70,200(5) | | | | | | — | | | | | | 41.90 | | | | | | 02/26/2029 | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | ||
| | | — | | | | | | 121,000(6) | | | | | | — | | | | | | 28.88 | | | | | | 02/25/2030 | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | ||
| | | — | | | | | | 80,000(7) | | | | | | — | | | | | | 12.71 | | | | | | 05/08/2030 | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | ||
| | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | 1,875(8) | | | | | $ | 25,275 | | | | | | — | | | | | | — | | | ||
| | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | 788(9) | | | | | | 10,622 | | | | | | — | | | | | | — | | | ||
| | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | 788(9) | | | | | | 10,622 | | | | | | — | | | | | | — | | | ||
| | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | 3,150(10) | | | | | | 42,462 | | | | | | — | | | | | | — | | | ||
| | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | 4,000(11) | | | | | | 53,920 | | | | | | — | | | | | | — | | | ||
| | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | 8,500(12) | | | | | | 114,580 | | | | | | — | | | | | | — | | | ||
| | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | 11,600(13) | | | | | | 156,368 | | | | | | — | | | | | | — | | | ||
| | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | 17,000(14) | | | | | | 229,160 | | | | | | — | | | | | | — | | |
| | |
Option Awards
|
| |
Restricted Stock Awards
|
| | |||||||||||||||||||||||||||||||||||||||||||||||
Name
|
| |
No. of
Common Shares Underlying Unexercised Options (#Exercisable) |
| |
No. of
Common Shares Underlying Unexercised Options (#Unexercisable) |
| |
Equity
Incentive Plan Awards: No. of Common Shares Underlying Unexercised Unearned Options |
| |
Option
Exercise Price |
| |
Option
Expiration Date |
| |
No. of
Common Shares That Have Not Vested |
| |
Market
Value of Common Shares That Have Not Vested(1) |
| |
Equity
Incentive Plan Awards: No. of Unearned Common Shares That Have Not Vested |
| |
Equity
Incentive Plan Awards: Market or Payout Value of Unearned Shares That Have Not Vested |
| |||||||||||||||||||||||||||
Mr. Neis
|
| | | | 13,500 | | | | | | — | | | | | | — | | | | | | 10.00 | | | | | | 07/26/2021 | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | |
| | | 19,500 | | | | | | — | | | | | | — | | | | | | 13.12 | | | | | | 07/31/2022 | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | ||
| | | 21,000 | | | | | | — | | | | | | — | | | | | | 13.04 | | | | | | 07/30/2023 | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | ||
| | | 16,400 | | | | | | — | | | | | | — | | | | | | 18.34 | | | | | | 07/29/2024 | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | ||
| | | 17,400 | | | | | | — | | | | | | — | | | | | | 20.26 | | | | | | 07/28/2025 | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | ||
| | | 8,920 | | | | | | 2,230(15) | | | | | | — | | | | | | 18.68 | | | | | | 03/01/2026 | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | ||
| | | 9,900 | | | | | | 6,600(16) | | | | | | — | | | | | | 31.20 | | | | | | 02/28/2027 | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | ||
| | | 11,750 | | | | | | 11,750(17) | | | | | | — | | | | | | 27.00 | | | | | | 02/27/2028 | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | ||
| | | — | | | | | | 21,900(18) | | | | | | — | | | | | | 41.90 | | | | | | 02/26/2029 | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | ||
| | | — | | | | | | 36,400(19) | | | | | | — | | | | | | 28.88 | | | | | | 02/25/2030 | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | ||
| | | — | | | | | | 20,000(20) | | | | | | — | | | | | | 12.71 | | | | | | 05/08/2030 | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | ||
| | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | 1,250(21) | | | | | | 16,850 | | | | | | — | | | | | | — | | | ||
| | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | 314(22) | | | | | | 4,233 | | | | | | — | | | | | | — | | | ||
| | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | 314(22) | | | | | | 4,233 | | | | | | — | | | | | | — | | | ||
| | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | 1,225(23) | | | | | | 16,513 | | | | | | — | | | | | | — | | | ||
| | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | 1,850(24) | | | | | | 24,938 | | | | | | — | | | | | | — | | | ||
| | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | 2,625(25) | | | | | | 35,385 | | | | | | — | | | | | | — | | | ||
| | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | 3,600(26) | | | | | | 48,528 | | | | | | | | | | | | | | | ||
| | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | 5,100(27) | | | | | | 68,748 | | | | | | | | | | | | | | | ||
Mr. Kissinger
|
| | | | 15,683 | | | | | | — | | | | | | — | | | | | | 18.34 | | | | | | 07/29/2024 | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | |
| | | 19,300 | | | | | | — | | | | | | — | | | | | | 20.26 | | | | | | 07/28/2025 | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | ||
| | | 9,840 | | | | | | 2,460(28) | | | | | | — | | | | | | 18.68 | | | | | | 03/01/2026 | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | ||
| | | 10,200 | | | | | | 6,800(29) | | | | | | — | | | | | | 31.20 | | | | | | 02/28/2027 | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | ||
| | | 12,200 | | | | | | 12,200(30) | | | | | | — | | | | | | 27.00 | | | | | | 02/27/2028 | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | ||
| | | — | | | | | | 23,400(31) | | | | | | — | | | | | | 41.90 | | | | | | 02/26/2029 | | | | | | | | | | | | | | | | | | | | | | | | | | | ||
| | | — | | | | | | 39,000(32) | | | | | | — | | | | | | 28.88 | | | | | | 02/25/2030 | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | ||
| | | — | | | | | | 20,000(33) | | | | | | — | | | | | | 12.71 | | | | | | 05/08/2030 | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | ||
| | | — | | | | | | | | | | | | — | | | | | | — | | | | | | — | | | | | | 1,250(21) | | | | | | 16,850 | | | | | | — | | | | | | — | | | ||
| | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | 464(34) | | | | | | 6,255 | | | | | | — | | | | | | — | | | ||
| | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | 464(34) | | | | | | 6,255 | | | | | | — | | | | | | — | | | ||
| | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | 1,350(35) | | | | | | 18,198 | | | | | | — | | | | | | — | | | ||
| | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | 1,900(36) | | | | | | 25,612 | | | | | | — | | | | | | — | | | ||
| | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | 2,750(37) | | | | | | 37,070 | | | | | | — | | | | | | — | | | ||
| | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | 3,900(38) | | | | | | 52,572 | | | | | | — | | | | | | — | | | ||
| | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | 5,500(39) | | | | | | 74,140 | | | | | | | | | | | | | | |
| | |
Option Awards
|
| |
Restricted Stock Awards
|
| | |||||||||||||||||||||||||||||||||||||||||||||||
Name
|
| |
No. of
Common Shares Underlying Unexercised Options (#Exercisable) |
| |
No. of
Common Shares Underlying Unexercised Options (#Unexercisable) |
| |
Equity
Incentive Plan Awards: No. of Common Shares Underlying Unexercised Unearned Options |
| |
Option
Exercise Price |
| |
Option
Expiration Date |
| |
No. of
Common Shares That Have Not Vested |
| |
Market
Value of Common Shares That Have Not Vested(1) |
| |
Equity
Incentive Plan Awards: No. of Unearned Common Shares That Have Not Vested |
| |
Equity
Incentive Plan Awards: Market or Payout Value of Unearned Shares That Have Not Vested |
| |||||||||||||||||||||||||||
Mr. Rodriguez
|
| | | | 3,170 | | | | | | — | | | | | | — | | | | | | 18.34 | | | | | | 07/29/2024 | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | |
| | | 17,546 | | | | | | — | | | | | | — | | | | | | 20.26 | | | | | | 07/28/2025 | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | ||
| | | 10,000 | | | | | | 2,500(40) | | | | | | — | | | | | | 18.68 | | | | | | 03/01/2026 | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | ||
| | | 12,000 | | | | | | 8,000(41) | | | | | | — | | | | | | 31.20 | | | | | | 02/28/2027 | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | ||
| | | 17,000 | | | | | | 17,000(42) | | | | | | — | | | | | | 27.00 | | | | | | 02/27/2028 | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | ||
| | | — | | | | | | 29,500(43) | | | | | | — | | | | | | 41.90 | | | | | | 02/26/2029 | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | ||
| | | — | | | | | | 50,000(44) | | | | | | — | | | | | | 28.88 | | | | | | 02/25/2030 | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | ||
| | | — | | | | | | 20,000(45) | | | | | | — | | | | | | 12.71 | | | | | | 05/08/2030 | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | ||
| | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | 1,975(46) | | | | | | 26,623 | | | | | | — | | | | | | — | | | ||
| | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | 3,000(47) | | | | | | 40,440 | | | | | | — | | | | | | — | | | ||
| | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | 5,500(48) | | | | | | 74,140 | | | | | | — | | | | | | — | | | ||
| | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | 7,000(49) | | | | | | 94,360 | | | | | | — | | | | | | — | | | ||
| | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | 10,000(50) | | | | | | 134,800 | | | | | | | | | | | | | | |
Name
|
| |
Number of
Shares Acquired on Option Exercise |
| |
Value
Realized on Option Exercise(1) |
| |
Number of
Shares Acquired on Vesting of Restricted Shares |
| |
Value Realized
on Vesting of Restricted Shares(2) |
| ||||||||||||
Mr. S. Marcus
|
| | | | N/A | | | | | | — | | | | | | N/A | | | | | | — | | |
Mr. G. Marcus
|
| | | | 5,000 | | | | | $ | 10,600 | | | | | | 17,150 | | | | | $ | 470,640 | | |
Mr. Neis
|
| | | | 14,077 | | | | | | 31,955 | | | | | | 6,325 | | | | | | 171,274 | | |
Mr. Kissinger
|
| | | | — | | | | | | — | | | | | | 6,700 | | | | | | 179,891 | | |
Mr. Rodriguez
|
| | | | — | | | | | | — | | | | | | 11,450 | | | | | | 316,849 | | |
Name
|
| |
Plan Name
|
| |
Number
of Years Credited Service |
| |
Present
Value of Accumulated Benefits |
| |
Payments
During Last Fiscal Year |
| |||||||||
Mr. S. Marcus
|
| |
Supplemental Plan
|
| | | | 30(1) | | | | | $ | 3,369,000 | | | | | $ | 311,670 | | |
Mr. G. Marcus
|
| |
Supplemental Plan
|
| | | | 28 | | | | | | 8,147,000 | | | | | | — | | |
Mr. Neis
|
| |
Supplemental Plan
|
| | | | 30(2) | | | | | | 3,403,000 | | | | | | — | | |
Mr. Kissinger
|
| |
Supplemental Plan
|
| | | | 27 | | | | | | 3,220,000 | | | | | | — | | |
Mr. Rodriguez
|
| |
Supplemental Plan
|
| | | | 7 | | | | | | 1,637,000 | | | | | | — | | |
Name
|
| |
Executive
Contributions in Fiscal 2020(1) |
| |
Company
Contributions in Fiscal 2020 |
| |
Aggregate
Earnings in Fiscal 2020(2) |
| |
Aggregate
Withdrawals/ Distributions in Fiscal 2020 |
| |
Aggregate
Balance at December 31, 2020(3) |
| |||||||||||||||
Mr. S. Marcus
|
| | | $ | — | | | | | $ | — | | | | | $ | 122 | | | | | $ | 42,360 | | | | | $ | — | | |
Mr. G. Marcus
|
| | | | — | | | | | | — | | | | | | 17,173 | | | | | | — | | | | | | 476,099 | | |
Mr. Neis
|
| | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | |
Mr. Kissinger
|
| | | | 153,191 | | | | | | — | | | | | | 41,215 | | | | | | 156,871 | | | | | | 1,215,010 | | |
Mr. Rodriguez
|
| | | | — | | | | | | — | | | | | | 22,314 | | | | | | — | | | | | | 618,621 | | |
Name
|
| |
Fees
Earned or Paid in Cash |
| |
Stock
Awards(1) |
| |
Restricted
Stock Awards |
| |
Option
Awards |
| |
Non-Equity
Incentive Plan Compensation |
| |
Change in
Pension Value and Non-Qualified Deferred Compensation Earnings |
| |
All Other
Compensation(2) |
| |
Total
|
| ||||||||||||||||||||||||
Diane Marcus Gershowitz
|
| | | $ | 5,500 | | | | | $ | 9,006 | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | $ | 158,261 | | | | | $ | 172,767 | | |
Allan H. Selig
|
| | | | 7,500 | | | | | | 9,006 | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | 1,061 | | | | | | 17,567 | | |
Timothy E. Hoeksema
|
| | | | 7,250 | | | | | | 9,006 | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | 1,061 | | | | | | 17,317 | | |
Philip L. Milstein
|
| | | | 9,250 | | | | | | 9,006 | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | 1,061 | | | | | | 19,317 | | |
Brian J. Stark
|
| | | | 9,750 | | | | | | 9,006 | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | 1,061 | | | | | | 19,817 | | |
Bruce J. Olson
|
| | | | 5,500 | | | | | | 9,006 | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | 1,061 | | | | | | 15,567 | | |
Katherine M. Gehl
|
| | | | 9,250 | | | | | | 9,006 | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | 1,061 | | | | | | 19,317 | | |
David M. Baum
|
| | | | 9,250 | | | | | | 9,006 | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | 985 | | | | | | 19,241 | | |
Name and Position
|
| |
Stock Options
|
|
Stephen H. Marcus
Chairman of the Board |
| |
—
|
|
Gregory S. Marcus
President and CEO |
| |
217,300
|
|
Douglas A. Neis
Executive Vice President, CFO and Treasurer |
| |
65,200
|
|
Thomas F. Kissinger
Senior Executive Vice President, General Counsel and Secretary |
| |
67,100
|
|
Rolando B. Rodriguez
Executive Vice President, Chairman, President and CEO of Marcus Theatres Corporation |
| |
76,500
|
|
Executive Group | | |
426,100
|
|
Non-Executive Director Group | | |
—
|
|
Non-Executive Officer Employee Group | | |
337,600
|
|
|
Number of securities
to be issued upon the 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 the first column) |
|
|
2,234,000
|
| |
$24.87
|
| |
216,000
|
|
| | |
2020
|
| |
2019
|
| ||||||
Audit Fees(1)
|
| | | $ | 894,000 | | | | | $ | 844,000 | | |
Audit-Related Fees(2)
|
| | | | 110,000 | | | | | | 124,000 | | |
Tax Fees(3)
|
| | |
|
—
|
| | | |
|
—
|
| |
All Other Fees
|
| | |
|
—
|
| | | |
|
—
|
| |
Total Fees
|
| | | $ | 1,004,000 | | | | | $ | 968,000 | | |
| | | |
On Behalf of the Board of Directors
|
|
| | | |
Thomas F. Kissinger
Senior Executive Vice President, General Counsel and Secretary |
|