| | | | | 1 | | | |
| | | | | 5 | | | |
| | | | | 8 | | | |
| | | | | 18 | | | |
| | | | | 19 | | | |
| | | | | 38 | | | |
| | | | | 40 | | | |
| | | | | 43 | | | |
| | | | | 45 | | | |
| | | | | 46 | | | |
| | | | | 51 | | | |
| | | | | 51 | | | |
| | | | | 51 | | | |
| | | | | 51 | | | |
| | | | | 51 | | | |
| | | | | 52 | | |
Name
|
| |
Class
|
| |
Age
|
| |
Position
|
| |
Director
or Since |
| |
Term
Expires |
| |
End of
Term for Which Nominated |
| |||||||||||||||
David A. Breach
|
| | | | I | | | | | | 55 | | | |
Director
|
| | | | 2019 | | | | | | 2023 | | | | | | | | |
Michael Fosnaugh
|
| | | | I | | | | | | 43 | | | |
Chairman
|
| | | | 2016 | | | | | | 2023 | | | | | | | | |
Martin Taylor
|
| | | | I | | | | | | 52 | | | |
Director
|
| | | | 2020 | | | | | | 2023 | | | | | | | | |
Rod Aliabadi
|
| | | | II | | | | | | 37 | | | |
Director
|
| | | | 2016 | | | | | | 2024 | | | | | | | | |
Andre Durand
|
| | | | II | | | | | | 54 | | | |
Chief Executive Officer and Director
|
| | | | 2016 | | | | | | 2024 | | | | | | | | |
Diane Gherson
|
| | | | II | | | | | | 65 | | | |
Director
|
| | | | 2021 | | | | | | 2024 | | | | | | | | |
Paul Martin
|
| | | | II | | | | | | 64 | | | |
Director
|
| | | | 2021 | | | | | | 2024 | | | | | | | | |
Lisa Hook(1)
|
| | | | III | | | | | | 64 | | | |
Director
|
| | | | 2019 | | | | | | 2022 | | | | | | | | |
John McCormack
|
| | | | III | | | | | | 62 | | | |
Director
|
| | | | 2016 | | | | | | 2022 | | | | | | 2025 | | |
Yancey L. Spruill
|
| | | | III | | | | | | 54 | | | |
Director
|
| | | | 2019 | | | | | | 2022 | | | | | | 2025 | | |
Name
|
| |
Class
|
| |
Age
|
| |
Position
|
| |
Director
Since |
| |
Current Term
Expires |
| |
Expiration
of Term For Which Nominated |
| ||||||||||||||||||
John McCormack .
|
| | | | III | | | | | | 62 | | | | | | Director | | | | | | 2016 | | | | | | 2022 | | | | | | 2025 | | |
Yancey L. Spruill .
|
| | | | III | | | | | | 54 | | | | | | Director | | | | | | 2019 | | | | | | 2022 | | | | | | 2025 | | |
Board Member
|
| |
Audit Committee
|
| |
Compensation and
Nominating Committee |
|
Rod Aliabadi
|
| | | | | | |
David A. Breach. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
|
| | | | |
X
|
|
Andre Durand | | | | | | | |
Michael Fosnaugh . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
|
| | | | |
X
|
|
| | | | | |
(Chair)
|
|
Diane Gherson . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
|
| | | | |
X
|
|
Lisa Hook(1). . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
|
| |
X
|
| |
X
|
|
Paul Martin . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
|
| |
X
|
| | | |
John McCormack . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
|
| |
X
|
| | | |
Yancey L. Spruill . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
|
| |
X
|
| | | |
| | |
(Chair)
|
| | | |
Martin A. Taylor . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
|
| | | | |
X
|
|
Name
|
| |
Age
|
| |
Position
|
|
Andre Durand | | |
53
|
| | Chief Executive Officer | |
Raj Dani | | |
51
|
| | Chief Financial Officer | |
B. Kristian Nagel | | |
54
|
| | Chief Operating Officer | |
Shalini Sharma | | |
50
|
| | Chief Legal Officer and Secretary | |
Name
|
| |
Position
|
|
Andre Durand | | | Chief Executive Officer | |
Raj Dani | | | Chief Financial Officer | |
B. Kristian Nagel | | | Chief Operating Officer | |
Bernard Harguindeguy | | | SVP of Special Projects; Former Chief Technology Officer | |
Lauren Romer | | | Former Chief Legal Officer and Secretary | |
|
2021 Peer Group
|
| |||||||||
| Proofpoint, Inc. | | | Box, Inc. | | | Okta, Inc. | | | MongoDB, Inc. | |
| Zscaler, Inc. | | | Tenable Holdings, Inc. | | | Rapid7, Inc. | | | Q2 Holdings, Inc. | |
| Qualys, Inc. | | | SailPoint Technology Holdings, Inc. | | | Varonis Systems, Inc. | | | Mandiant, Inc. (f/k/a FireEye, Inc.) | |
| Mimecast Limited | | |
Bottomline
Technologies (de), Inc. |
| | Progress Software Corporation | | | SecureWorks Corp. | |
| OneSpan, Inc. | | |
Alarm.com Holdings, Inc.
|
| |
Commvault Systems, Inc.
|
| | Zix Corporation | |
Named Executive Officer
|
| |
2020 Annual
Base Salary(1) |
| |
2021 Annual
Base Salary(1) |
| ||||||
Andre Durand
|
| | | $ | 435,000 | | | | | $ | 435,000 | | |
Raj Dani
|
| | | $ | 375,000 | | | | | $ | 375,000 | | |
B. Kristian Nagel
|
| | | $ | 375,000 | | | | | $ | 375,000 | | |
Bernard Harguindeguy
|
| | | $ | 300,000 | | | | | $ | 300,000 | | |
Lauren Romer
|
| | | $ | 300,000 | | | | | $ | 320,000 | | |
Named Executive Officer
|
| |
2021 Target
Cash Incentive Award Opportunity |
| |||
Andre Durand
|
| | | | 100% | | |
Raj Dani
|
| | | | 65% | | |
B. Kristian Nagel
|
| | | | 80% | | |
Bernard Harguindeguy
|
| | | | 50% | | |
Lauren Romer
|
| | | | 50% | | |
|
Performance Metric
|
| |
Description
|
| |
Weighting
|
|
| ARR | | | Annualized value of all subscription contracts as of the end of the period | | | 35% | |
| uFCF | | | Net cash flow from operating activities, plus cash paid for interest, less purchases of property and equipment and capitalized software development costs | | | 20% | |
| SaaS ARR | | | The annualized value of all subscription contracts relating to software as a service as of the end of the period | | | 15% | |
| Channel Sourced ARR (Channel ARR) | | | The percentage of ARR sourced by the channel as of the end of the period | | | 15% | |
| Product Deliverables | | | Specified product deliverables | | | 15% | |
Performance Metric
|
| |
Weighting
(at target) |
| |
Threshold Goal
|
| |
Target Goal
|
| |
Maximum Goal
|
| |||
ARR
|
| | | | 35% | | | |
$295.5m
|
| |
$297m
|
| |
$302.3m
|
|
uFCF
|
| | | | 20% | | | |
$7.0m
|
| |
$9.0m
|
| |
$11.0m
|
|
SaaS ARR
|
| | | | 15% | | | |
23% of Total ARR
|
| |
26% of Total ARR
|
| |
N/A
|
|
Channel Sourced ARR
|
| | | | 15% | | | |
$15.5m
|
| |
$17.5m
|
| |
N/A
|
|
Product Deliverables
|
| | | | 15% | | | |
N/A
|
| |
Three product deliverables
|
| |
N/A
|
|
Performance Metric
|
| |
Weighting
(at target) |
| |
Actual
Performance |
| |
Annual Award
Earned |
| |||||||||
ARR
|
| | | | 35% | | | | | | 312.7m | | | | | | 70% | | |
uFCF
|
| | | | 20% | | | | | | 21.0m | | | | | | 35% | | |
SaaS ARR
|
| | | | 15% | | | |
Above Target
|
| | | | 15% | | | |||
Channel ARR
|
| | | | 15% | | | | | | 16.0m | | | | | | 6.3% | | |
Product Deliverables
|
| | | | 15% | | | |
Achieved
|
| | | | 15% | | | |||
TOTAL | | | | | | | | | | | | | | | | | 141.3% | | |
Named Executive Officer
|
| |
2021 Grant Date
Equity Award Value |
| |||
Andre Durand
|
| | | $ | 5,000,000 | | |
Raj Dani
|
| | | $ | 2,400,000 | | |
B. Kristian Nagel
|
| | | $ | 2,400,000 | | |
Bernard Harguindeguy
|
| | | $ | 750,000 | | |
Lauren Romer
|
| | | $ | 1,000,000 | | |
Position
|
| |
Required Stock Ownership
|
|
Chief Executive Officer | | | 5x annual base salary | |
Other Executive Officer | | | 3x annual base salary | |
Covered Director(1) | | | 3x annual cash retainer(2) | |
Name and Position
|
| |
Year
|
| |
Salary ($)
|
| |
Bonus ($)(1)
|
| |
Stock
Awards ($)(2) |
| |
Non-Equity
Incentive Plan Compensation ($)(3) |
| |
All Other
Compensation ($)(4) |
| |
Total($)
|
| |||||||||||||||||||||
Andre Durand(5)
Chief Executive Officer |
| | | | 2021 | | | | | | 435,000 | | | | | | — | | | | | | 4,439,290 | | | | | | 614,655 | | | | | | 8,700 | | | | | | 5,497,645 | | |
| | | 2020 | | | | | | 435,000 | | | | | | — | | | | | | 4,746,342 | | | | | | 163,614 | | | | | | 8,550 | | | | | | 5,353,506 | | | ||
| | | 2019 | | | | | | 414,583 | | | | | | 53,660 | | | | | | — | | | | | | 211,938 | | | | | | 8,400 | | | | | | 688,581 | | | ||
Raj Dani
Chief Financial Officer |
| | | | 2021 | | | | | | 375,000 | | | | | | 1,500 | | | | | | 2,130,850 | | | | | | 344,419 | | | | | | 8,700 | | | | | | 2,860,469 | | |
| | | 2020 | | | | | | 338,250 | | | | | | — | | | | | | 2,278,256 | | | | | | 112,130 | | | | | | 8,550 | | | | | | 2,737,186 | | | ||
| | | 2019 | | | | | | 326,000 | | | | | | 48,383 | | | | | | — | | | | | | 186,675 | | | | | | 8,400 | | | | | | 569,458 | | | ||
B. Kristian Nagel
Chief Operating Officer |
| | | | 2021 | | | | | | 375,000 | | | | | | 1,500 | | | | | | 2,130,850 | | | | | | 423,900 | | | | | | 29,592 | | | | | | 2,960,842 | | |
| | | 2020 | | | | | | 356,250 | | | | | | — | | | | | | 2,278,256 | | | | | | 145,350 | | | | | | 56,609 | | | | | | 2,836,465 | | | ||
| | | 2019 | | | | | | 350,000 | | | | | | 52,657 | | | | | | — | | | | | | 206,985 | | | | | | 47,105 | | | | | | 656,747 | | | ||
Bernard Harguindeguy
SVP of Special Projects; Former Chief Technology Officer |
| | | | 2021 | | | | | | 300,000 | | | | | | 1,500 | | | | | | 665,904 | | | | | | 211,950 | | | | | | 8,700 | | | | | | 1,188,054 | | |
| | | 2020 | | | | | | 300,090 | | | | | | — | | | | | | 711,951 | | | | | | 76,523 | | | | | | 8,550 | | | | | | 1,097,114 | | | ||
| | | 2019 | | | | | | 300,000 | | | | | | 29,850 | | | | | | — | | | | | | 117,450 | | | | | | 8,400 | | | | | | 455,700 | | | ||
Lauren Romer(6)
Former Chief Legal Officer and Secretary |
| | | | 2021 | | | | | | 315,000 | | | | | | — | | | | | | 887,858 | | | | | | 222,547 | | | | | | 8,700 | | | | | | 1,434,105 | | |
| | | 2020 | | | | | | 281,250 | | | | | | — | | | | | | 711,951 | | | | | | 71,719 | | | | | | 8,550 | | | | | | 1,073,470 | | |
| | |
Grant Date
|
| |
Estimated Future Payouts Under
Non-Equity Incentive Plan Awards(1) |
| |
All Other
Stock Awards: Number Of Shares of Stock or Units (#)(3) |
| |
Grant Date
Fair Value of Stock Awards ($)(4) |
| ||||||||||||||||||||||||
Name
|
| |
Threshold
($)(2) |
| |
Target
($) |
| |
Maximum
($) |
| |||||||||||||||||||||||||||
Andre Durand
|
| | | | — | | | | | | 113,100 | | | | | | 435,000 | | | | | | 652,500 | | | | | | — | | | | | | — | | |
| | | 04/01/2021 | | | | | | | | | | | | — | | | | | | — | | | | | | 202,430 | | | | | | 4,439,290 | | | ||
Raj Dani
|
| | | | — | | | | | | 63,375 | | | | | | 243,750 | | | | | | 365,625 | | | | | | — | | | | | | — | | |
| | | 04/01/2021 | | | | | | | | | | | | — | | | | | | — | | | | | | 97,166 | | | | | | 2,130,850 | | | ||
B. Kristian Nagel
|
| | | | — | | | | | | 78,000 | | | | | | 300,000 | | | | | | 450,000 | | | | | | — | | | | | | — | | |
| | | 04/01/2021 | | | | | | | | | | | | — | | | | | | — | | | | | | 97,166 | | | | | | 2,130,850 | | | ||
Bernard Harguindeguy
|
| | | | — | | | | | | 39,000 | | | | | | 150,000 | | | | | | 225,000 | | | | | | — | | | | | | — | | |
| | | 04/01/2021 | | | | | | | | | | | | — | | | | | | — | | | | | | 30,365 | | | | | | 665,904 | | | ||
Lauren Romer
|
| | | | — | | | | | | 40,950 | | | | | | 157,500 | | | | | | 236,250 | | | | | | — | | | | | | — | | |
| | | 04/01/2021 | | | | | | | | | | | | — | | | | | | — | | | | | | 40,486 | | | | | | 887,858 | | |
| | | | | | | | | | | | | | |
Option Awards
|
| |
Stock Awards
|
| ||||||||||||||||||||||||||||||||||||
Named Executive Officer
|
| |
Grant Date
|
| |
Vesting
Commencement Date |
| |
Number of
Securities Underlying Unexercised Options (#) Exercisable(1) |
| |
Number of
Securities Underlying Unexercised Options (#) Unexercisable(1) |
| |
Equity
Incentive Plan Awards: Number of Securities Underlying Unexercised Unearned Options (#)(2) |
| |
Option
Exercise Price ($) |
| |
Option
Expiration Date |
| |
Number of
Shares or Units of Stock That Have Not Vested (#)(3) |
| |
Market
Value of Shares or Units of Stock That Have Not Vested ($)(4) |
| |||||||||||||||||||||||||||
Andre Durand
|
| | | | 06/30/2016 | | | | | | 06/30/2016 | | | | | | 806,610 | | | | | | — | | | | | | 453,390 | | | | | | 7.85 | | | | | | 06/29/2026 | | | | | | — | | | | | | — | | |
| | | 09/25/2017 | | | | | | 09/30/2017 | | | | | | 110,500 | | | | | | — | | | | | | 55,250 | | | | | | 8.48 | | | | | | 09/24/2027 | | | | | | — | | | | | | — | | | ||
| | | 04/01/2020 | | | | | | 04/01/2020 | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | 177,810 | | | | | | 4,068,293 | | | ||
| | | 04/01/2021 | | | | | | 04/01/2021 | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | 202,430 | | | | | | 4,631,598 | | | ||
Raj Dani
|
| | | | 09/13/2016 | | | | | | 09/13/2016 | | | | | | 32,334 | | | | | | — | | | | | | 124,667 | | | | | | 7.85 | | | | | | 09/12/2026 | | | | | | — | | | | | | — | | |
| | | 09/25/2017 | | | | | | 09/30/2017 | | | | | | 28,334 | | | | | | — | | | | | | 14,167 | | | | | | 8.48 | | | | | | 09/24/2027 | | | | | | — | | | | | | — | | | ||
| | | 09/18/2018 | | | | | | 09/18/2018 | | | | | | 50,648 | | | | | | 11,686 | | | | | | 31,167 | | | | | | 11.79 | | | | | | 09/17/2028 | | | | | | — | | | | | | — | | | ||
| | | 04/01/2020 | | | | | | 04/01/2020 | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | 85,350 | | | | | | 1,952,808 | | | ||
| | | 04/01/2021 | | | | | | 04/01/2021 | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | 97,166 | | | | | | 2,223,158 | | | ||
B. Kristian Nagel
|
| | | | 12/28/2018 | | | | | | 12/10/2018 | | | | | | 137,603 | | | | | | 79,502 | | | | | | 159,008 | | | | | | 13.44 | | | | | | 12/27/2028 | | | | | | — | | | | | | — | | |
| | | 04/01/2020 | | | | | | 04/01/2020 | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | 85,350 | | | | | | 1,952,808 | | | ||
| | | 04/01/2021 | | | | | | 04/01/2021 | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | 97,166 | | | | | | 2,223,158 | | | ||
Bernard Harguindeguy
|
| | | | 09/26/2018 | | | | | | 09/26/2018 | | | | | | 108,125 | | | | | | 31,875 | | | | | | 85,000 | | | | | | 11.79 | | | | | | 09/25/2028 | | | | | | — | | | | | | — | | |
| | | 04/01/2020 | | | | | | 04/01/2020 | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | 26,672 | | | | | | 610,255 | | | ||
| | | 04/01/2021 | | | | | | 04/01/2021 | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | 30,365 | | | | | | 694,751 | | | ||
Lauren Romer
|
| | | | 06/30/2016 | | | | | | 06/30/2016 | | | | | | 6,374 | | | | | | — | | | | | | 34,000 | | | | | | 7.85 | | | | | | 06/29/2026 | | | | | | — | | | | | | — | | |
| | | 03/19/2018 | | | | | | 03/19/2018 | | | | | | 8,854 | | | | | | 1,770 | | | | | | 14,167 | | | | | | 8.49 | | | | | | 03/18/2028 | | | | | | — | | | | | | — | | | ||
| | | 09/18/2018 | | | | | | 09/18/2018 | | | | | | 18,688 | | | | | | 9,561 | | | | | | 25,500 | | | | | | 11.79 | | | | | | 09/17/2028 | | | | | | — | | | | | | — | | | ||
| | | 04/01/2020 | | | | | | 04/01/2020 | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | 26,672 | | | | | | 610,255 | | | ||
| | | 04/01/2021 | | | | | | 04/01/2021 | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | 40,486 | | | | | | 926,320 | | |
| | |
Option Awards
|
| |
Stock Awards
|
| ||||||||||||||||||
Name
|
| |
Number of
Shares Acquired on Exercise (#) |
| |
Value
Realized on Exercise ($)(1) |
| |
Number of
Shares Acquired on Vesting (#) |
| |
Value
Realized on Vesting ($)(2) |
| ||||||||||||
Andre Durand
|
| | | | 100,000 | | | | | | 1,752,240 | | | | | | 59,270 | | | | | | 1,299,791 | | |
Raj Dani
|
| | | | 43,000 | | | | | | 984,315 | | | | | | 28,449 | | | | | | 623,887 | | |
B. Kristian Nagel
|
| | | | 9,876 | | | | | | 183,299 | | | | | | 28,449 | | | | | | 623,887 | | |
Bernard Harguindeguy
|
| | | | — | | | | | | — | | | | | | 8,890 | | | | | | 194,958 | | |
Lauren Romer
|
| | | | 37,096 | | | | | | 737,910 | | | | | | 8,890 | | | | | | 194,958 | | |
Name
|
| |
Cash
($) |
| |
Continued
Health Benefits ($) |
| |
Equity
($) |
| |
Total
|
| ||||||||||||
Andre Durand | | | | | | | | | | | | | | | | | | | | | | | | | |
Termination without Cause/Resignation for Good Reason(1)
|
| | | | 435,000 | | | | | | 24,000 | | | | | | — | | | | | | 459,000 | | |
Change in Control(2)
|
| | | | — | | | | | | — | | | | | | 7,610,052 | | | | | | 7,610,052 | | |
Termination without Cause/Resignation for Good Reason within 24 months following Change in Control(1)(3)
|
| | | | 435,000 | | | | | | 24,000 | | | | | | 8,699,891 | | | | | | 9,158,891 | | |
Death/Disability within 24 months following Change in Control(3)
|
| | | | — | | | | | | — | | | | | | 8,699,891 | | | | | | 8,699,891 | | |
Raj Dani | | | | | | | | | | | | | | | | | | | | | | | | | |
Termination without Cause/Resignation for Good
Reason(1) |
| | | | 281,250 | | | | | | — | | | | | | — | | | | | | 281,250 | | |
Change in Control(2)
|
| | | | — | | | | | | — | | | | | | 2,552,990 | | | | | | 2,552,990 | | |
Termination without Cause/Resignation for Good Reason within 24 months following Change in Control(1)(3)
|
| | | | 281,250 | | | | | | — | | | | | | 4,175,966 | | | | | | 4,457,216 | | |
Death/Disability within 24 months following Change in Control(3)
|
| | | | — | | | | | | — | | | | | | 4,175,966 | | | | | | 4,175,966 | | |
B. Kristian Nagel | | | | | | | | | | | | | | | | | | | | | | | | | |
Termination without Cause/Resignation for Good
Reason(1) |
| | | | 187,500 | | | | | | — | | | | | | — | | | | | | 187,500 | | |
Change in Control(2)
|
| | | | — | | | | | | — | | | | | | 2,251,534 | | | | | | 2,251,534 | | |
Termination without Cause/Resignation for Good Reason within 24 months following Change in Control(1)(3)
|
| | | | 187,500 | | | | | | — | | | | | | 4,175,966 | | | | | | 4,363,466 | | |
Death/Disability within 24 months following Change in Control(3)
|
| | | | — | | | | | | — | | | | | | 4,175,966 | | | | | | 4,175,966 | | |
Bernard Harguindeguy | | | | | | | | | | | | | | | | | | | | | | | | | |
Termination without Cause/Resignation for Good Reason (1)
|
| | | | 75,000 | | | | | | — | | | | | | — | | | | | | 75,000 | | |
Change in Control(2)
|
| | | | — | | | | | | — | | | | | | 1,296,144 | | | | | | 1,296,144 | | |
Termination without Cause/Resignation for Good Reason within 24 months following Change in Control(1)(3)
|
| | | | 75,000 | | | | | | — | | | | | | 1,305,007 | | | | | | 1,380,007 | | |
Death/Disability within 24 months following Change in Control(3)
|
| | | | — | | | | | | — | | | | | | 1,305,007 | | | | | | 1,305,007 | | |
Lauren Romer | | | | | | | | | | | | | | | | | | | | | | | | | |
Termination without Cause/Resignation for Good Reason (1)
|
| | | | 106,667 | | | | | | — | | | | | | — | | | | | | 106,677 | | |
Change in Control(2)
|
| | | | — | | | | | | — | | | | | | 1,129,180 | | | | | | 1,129,180 | | |
Termination without Cause/Resignation for Good Reason within 24 months following Change in Control(1)(3)
|
| | | | 106,667 | | | | | | — | | | | | | 1,536,575 | | | | | | 1,643,242 | | |
Death/Disability within 24 months following Change in Control(3)
|
| | | | — | | | | | | — | | | | | | 1,536,575 | | | | | | 1,536,575 | | |
Name
|
| |
Fees Earned
or Paid in Cash ($) |
| |
Stock
Awards ($)(1) |
| |
Total
($) |
| |||||||||
Clifford Chiu(2)
|
| | | | 50,000 | | | | | | — | | | | | | 50,000 | | |
John McCormack
|
| | | | 100,000 | | | | | | 153,123 | | | | | | 253,123 | | |
Lisa Hook
|
| | | | 100,000 | | | | | | 153,123 | | | | | | 253,123 | | |
Yancey L. Spruill
|
| | | | 120,000 | | | | | | 153,123 | | | | | | 273,123 | | |
Diane Gherson(3)
|
| | | | 75,000 | | | | | | 153,123 | | | | | | 228,123 | | |
Paul Martin(4)
|
| | | | 100,000 | | | | | | 153,123 | | | | | | 253,123 | | |
Michael Fosnaugh(5)
|
| | | | — | | | | | | — | | | | | | — | | |
Rod Aliabadi(5)
|
| | | | — | | | | | | — | | | | | | — | | |
David Breach(5)
|
| | | | — | | | | | | — | | | | | | — | | |
Martin Taylor(5)
|
| | | | — | | | | | | — | | | | | | — | | |
Description
|
| |
Amount
|
|
Annual cash compensation
|
| |
$100,000
|
|
Additional annual cash compensation for chair of committee
|
| |
$20,000
|
|
Annual equity compensation
|
| |
$150,000 (RSUs)
|
|
Name of Beneficial Owner
|
| |
Number of
Shares Beneficially Owned |
| |
Percentage of
Shares Outstanding |
| ||||||
Vista Funds . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
|
| | | | 8,335,350(1) | | | | | | 9.94% | | |
Named Executive Officers and Directors | | | | | | | | | | | | | |
Andre Durand(2) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
|
| | | | 1,568,877 | | | | | | 1.84% | | |
B. Kristian Nagel(3). . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
|
| | | | 449,081 | | | | | | * | | |
Raj Dani(4). . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
|
| | | | 361,703 | | | | | | * | | |
Lauren Romer(5) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
|
| | | | 185,088 | | | | | | * | | |
Bernard Harguindeguy(6) . . . . . . . . . . . . . . . . . . . . . . . . .
|
| | | | 247,301 | | | | | | * | | |
Rod Aliabadi . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
|
| | | | — | | | | | | * | | |
David A. Breach . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
|
| | | | — | | | | | | * | | |
Michael Fosnaugh . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
|
| | | | — | | | | | | * | | |
Diane Gherson(7). . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
|
| | | | 7,209 | | | | | | * | | |
Lisa Hook(8). . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
|
| | | | 17,158 | | | | | | * | | |
Paul Martin(9). . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
|
| | | | 8,373 | | | | | | * | | |
John McCormack(10). . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
|
| | | | 52,507 | | | | | | * | | |
Yancey L. Spruill(11). . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
|
| | | | 23,996 | | | | | | * | | |
Martin A. Taylor . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
|
| | | | — | | | | | | * | | |
All executive officers and directors (13 individuals)(12) . . . .
|
| | | | 2,488,904 | | | | | | 2.89% | | |
Plan Category
|
| |
Number of
Shares to be Issued Upon Exercise of Outstanding Options, Warrants and Rights(1)(2) |
| |
Weighted
Average Exercise Price of Outstanding Options, Warrants and Rights(3) |
| |
Number of
Shares Remaining Available for Future Issuance(4) |
| |||||||||
Equity Compensation Plans Approved by Security Holders
|
| | | | 7,893,589 | | | | | | 9.57 | | | | | | 8,047,146 | | |
Equity Compensation Plans Not Approved by Security Holders(1)
|
| | | | — | | | | | | — | | | | | | — | | |
Total
|
| | | | 7,893,589 | | | | | | 9.57 | | | | | | 8,047,146 | | |
| | |
2021
|
| |
2020
|
| ||||||
Audit Fees(1)
|
| | | $ | 2,433,766 | | | | | $ | 2,173,931 | | |
Audit-Related Fees
|
| | | $ | — | | | | | $ | — | | |
Tax Fees(2)
|
| | | $ | 207,948 | | | | | $ | 130,200 | | |
All Other Fees(3)
|
| | | $ | 6,395 | | | | | $ | 900 | | |
Total
|
| | | $ | 2,648,109 | | | | | $ | 2,305,031 | | |
|
This report shall not be deemed soliciting material or to be filed with the SEC, or incorporated by reference in any document so filed, whether made before or after the date hereof, except to the extent we specifically request that it be treated as soliciting material or it is specifically incorporated by reference therein.
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