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Name
|
| |
Fees Earned
or Paid in Cash ($) |
| |
Stock
Awards ($)(1) |
| |
Total
($) |
| |||||||||
Jason T. Bear
|
| | | $ | 60,000 | | | | | $ | 25,000 | | | | | $ | 85,000 | | |
Edward C. Cosgrove
|
| | | $ | 60,000 | | | | | $ | 25,000 | | | | | $ | 85,000 | | |
Lucion P. Gygax
|
| | | $ | 60,000 | | | | | $ | 25,000 | | | | | $ | 85,000 | | |
Christopher M. Marks
|
| | | $ | 60,000 | | | | | $ | 25,000 | | | | | $ | 85,000 | | |
Name and Principal Position
|
| |
Year
|
| |
Salary
|
| |
Bonus
|
| |
All Other
Compensation(1) |
| |
Total
|
| |||||||||||||||
Lisa F. Bencel
Chief Financial Officer |
| | | | 2021 | | | | | $ | 245,960 | | | | | | — | | | | | $ | 47,684 | | | | | $ | 293,644 | | |
| | | 2020 | | | | | $ | 245,960 | | | | | $ | 40,000 | | | | | $ | 47,128 | | | | | $ | 333,088 | | | ||
James C. Takacs
Chief Operating Officer |
| | | | 2021 | | | | | $ | 220,740 | | | | | | — | | | | | $ | 38,313 | | | | | $ | 259,053 | | |
| | | 2020 | | | | | $ | 220,740 | | | | | $ | 25,000 | | | | | $ | 65,688 | | | | | $ | 311,428 | | | ||
Kenneth D. Trbovich
Former Chief Executive Officer |
| | | | 2021 | | | | | $ | 632,289 | | | | | | — | | | | | $ | 221,211 | | | | | $ | 853,500 | | |
| | | 2020 | | | | | $ | 639,496 | | | | | $ | 100,000 | | | | | $ | 376,022 | | | | | $ | 1,115,518 | | |
Name and Address of Beneficial Owner
|
| |
Amount of Common
Stock Beneficially Owned |
| |
Percent of
Common Stock(1) |
| ||||||
Servotronics, Inc. Employee Stock Ownership Trust
1110 Maple Street Elma, NY 14059 |
| | | | 440,649(2) | | | | | | 17.6% | | |
Estate of Dr. Nicholas D. Trbovich
960 Porterville Road East Aurora, NY 14052 |
| | | | 393,818(3) | | | | | | 15.8% | | |
Brent D. Baird
25 Melbourne Place Buffalo, NY 14222 |
| | | | 239,000(4) | | | | | | 9.6% | | |
Wax Asset Management, LLC
44 Cherry Lane Madison, CT 06443 |
| | | | 158,615(5) | | | | | | 6.3% | | |
FMR LLC
245 Summer Street Boston, MA 02210 |
| | | | 138,330(6) | | | | | | 5.5% | | |
Name of Beneficial Owner
|
| |
Amount of Common
Stock Beneficially Owned |
| |
Percent of
Common Stock(1) |
| ||||||
Lisa F. Bencel
|
| | | | 8,549(2) | | | | | | * | | |
Edward C. Cosgrove, Esq.
|
| | | | 9,153 | | | | | | * | | |
William F. Farrell, Jr.
|
| | | | 6,794 | | | | | | * | | |
Lucion P. Gygax
|
| | | | 9,153 | | | | | | * | | |
Karen L. Howard
|
| | | | 118 | | | | | | * | | |
Christopher M. Marks
|
| | | | 9,153 | | | | | | * | | |
James C. Takacs
|
| | | | 37,721(3) | | | | | | 1.5% | | |
Kenneth D. Trbovich
|
| | | | 502,598(4) | | | | | | 20.1% | | |
Evan H. Wax
|
| | | | 158,733(5) | | | | | | 6.4% | | |
All directors, nominees and executive officers as a group
|
| | | | 741,972 | | | | | | 29.7% | | |
| | | | Submitted by: | |
| | | | THE AUDIT COMMITTEE | |
| | | |
Christopher M. Marks, Chairman
Lucion P. Gygax |
|
| | |
2021
|
| |
2020
|
| ||||||
Audit Fees(1)
|
| | | $ | 261,460 | | | | | $ | 218,964 | | |
Tax Fees(2)
|
| | | $ | 75,520 | | | | | $ | 66,225 | | |
Total
|
| | | $ | 336,980 | | | | | $ | 285,189 | | |
| | | | BY ORDER OF THE BOARD OF DIRECTORS | |
| | | |
BERNADINE E. KUCINSKI
Secretary |
|