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/s/ Micah Goodman
Micah Goodman
Secretary |
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Other Transactions
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Name
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Age
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Position
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Richard J. Byrne | | |
60
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| | Chairman of the Board of Directors, Chief Executive Officer and President | |
Jamie Handwerker | | |
60
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| | Director | |
Peter J. McDonough | | |
62
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| | Director, Nominating and Corporate Governance Committee Chair | |
Buford H. Ortale | | |
59
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| | Director, Audit Committee Chair | |
Elizabeth K. Tuppeny | | |
60
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| | Lead Independent Director | |
Name
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Age
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Position(s)
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|
Richard J. Byrne | | |
60
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Chairman of the Board of Directors, Chief Executive Officer and
President |
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Jerome S. Baglien | | |
44
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| | Chief Financial Officer and Treasurer | |
Name
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Fees Paid
in Cash |
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Stock Awards
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Total
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Elizabeth K. Tuppeny
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| | | $ | 140,000 | | | | | $ | 50,000 | | | | | $ | 190,000 | | |
Buford H. Ortale
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| | | | 135,000 | | | | | | 50,000 | | | | | | 185,000 | | |
Peter J. McDonough
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| | | | 135,000 | | | | | | 50,000 | | | | | | 185,000 | | |
Jamie Handwerker
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| | | | 130,000 | | | | | | 50,000 | | | | | | 180,000 | | |
Name
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Fees Earned or Paid in Cash ($)
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Restricted Shares
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Independent Directors | | | A yearly retainer of $110,000 for each independent director; $20,000 for the Lead Independent Director and the chairs of the audit committee and nominating and corporate governance committee; $10,000 supplemental fee to Ms. Handwerker; and $5,000 for each member of a committee who is not serving as a chair. | | | On the date of the annual meeting of stockholders, each independent director receives an annual grant of $50,000 in restricted shares of Common Stock based on the lower of the most recent GAAP book value or net asset value per share. The restricted shares vest on the anniversary of the grant date. | |
Plan Category
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Number of
Securities to be Issued Upon Exercise of Outstanding Options, Warrants and Rights |
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Weighted-Average
Exercise Price of Outstanding Options, Warrants and Rights |
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Number of
Securities Remaining Available for Future Issuance Under Equity Compensation Plans |
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Equity compensation plans approved by security holders:
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| | | | — | | | | | | — | | | | | | — | | |
Equity compensation plans not approved by security holders:
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| | | | — | | | | | | — | | | | | | 3,977,510 | | |
Total
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| | | | — | | | | | | — | | | | | | 3,977,510 | | |
Beneficial Owner
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Number of
Shares of Common Stock Beneficially Owned |
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Percent of Class
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Number of
Shares of Preferred Stock Beneficially Owned |
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Percent of Class
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Security Benefit Life Insurance Company(1)
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| | | | — | | | | | | — | | | | | | 17,949 | | | | | | 40.0% | | |
Delaware Life Insurance Company(2)
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| | | | — | | | | | | — | | | | | | 3,989 | | | | | | 8.9% | | |
Newport Global Equity Fund(3)
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| | | | — | | | | | | — | | | | | | 3,378 | | | | | | 7.5% | | |
Penn Mutual Life Insurance Company(4)
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| | | | — | | | | | | — | | | | | | 2,997 | | | | | | 6.7% | | |
Textron Inc. Master Trust(5)
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| | | | — | | | | | | — | | | | | | 2,992 | | | | | | 6.7% | | |
Selective Insurance Company of America(6)
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| | | | — | | | | | | — | | | | | | 2,992 | | | | | | 6.7% | | |
Beneficial Owner(1)
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Number of
Shares of Common Stock Beneficially Owned |
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Percent of
Class |
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Richard J. Byrne
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| | | | 130,855 | | | | | | * | | |
Jerome S. Baglien
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| | | | 2,784 | | | | | | * | | |
Elizabeth K. Tuppeny
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| | | | 18,537(2) | | | | | | * | | |
Buford H. Ortale
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| | | | 15,751(3) | | | | | | * | | |
Peter J. McDonough
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| | | | 15,790(4) | | | | | | * | | |
Jamie Handwerker
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| | | | 15,766(5) | | | | | | * | | |
All directors and executive officers as a group (6 persons)
|
| | | | 199,483 | | | | | | * | | |
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2020
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2019
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Audit Fees(1)
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| | | $ | 1,357,600 | | | | | $ | 1,469,646 | | |
Audit-Related Fees(2)
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| | | $ | 20,000 | | | | | $ | 290,000 | | |
Tax Fees(3)
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| | | $ | 408,328 | | | | | $ | 276,600 | | |
All Other Fees
|
| | | $ | 0 | | | | | $ | 0 | | |
Total
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| | | $ | 1,785,928 | | | | | $ | 2,036,246 | | |
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/s/ Micah Goodman
Micah Goodman
Secretary |
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