| By Order of the Board of Directors, | |
|
/s/ Mark D. Ein
Mark D. Ein
Chairman of the Board |
|
| | | | | 1 | | | |
| | | | | 5 | | | |
| | | | | 6 | | | |
| | | | | 7 | | | |
| | | | | 11 | | | |
| | | | | 14 | | | |
| | | | | 15 | | | |
| | | | | 28 | | | |
| | | | | 29 | | | |
| | | | | 30 | | | |
| | | | | 30 | | | |
| | | | | 31 | | | |
| | | | | 31 | | | |
| | | | | 32 | | |
Name of Beneficial Owner
|
| |
Number of
Shares Beneficially Owned |
| |
Percentage
Beneficially Owned (1) |
| ||||||
Management and Directors: | | | | | | | | | | | | | |
Sven-Olof Lindblad
(2)
|
| | | | 12,488,270 | | | | | | 27.3 % | | |
Craig Felenstein
(3)
|
| | | | 126,977 | | | | | | * | | |
Philip Auerbach
(4)
|
| | | | 63,856 | | | | | | * | | |
Dean (Trey) Byus III
(5)
|
| | | | 292,395 | | | | | | * | | |
Benjamin L. Bressler
|
| | | | 132,106 | | | | | | * | | |
Mark D. Ein
(6)
|
| | | | 7,412,126 | | | | | | 16.2 % | | |
L. Dyson Dryden
(7)
|
| | | | 2,376,354 | | | | | | 5.2 % | | |
Bernard W. Aronson
(8)
|
| | | | 14,462 | | | | | | * | | |
Catherine Reynolds
(8)
|
| | | | 9,666 | | | | | | * | | |
Elliott Bisnow
(
9
)
|
| | | | 1,807 | | | | | | * | | |
John M. Fahey
(
10
)
|
| | | | 50,462 | | | | | | * | | |
Daniel J. Hanrahan
(8)
|
| | | | 13,650 | | | | | | * | | |
All directors and executive officers as a group (12 persons)
|
| | | | 22,982,141 | | | | | | 50.2 % | | |
5% Owners: | | | | | | | | | | | | | |
Capitol Acquisition Management 2 LLC
(6)
|
| | | | 7,412,136 | | | | | | 16.2 % | | |
Wellington Management Group LLP
(
11
)
|
| | | | 3,380,273 | | | | | | 7.4 % | | |
T. Rowe Price Associates, Inc.
(
12
)
|
| | | | 4,236,677 | | | | | | 9.3 % | | |
VA Partners I, LLC
(1
3
)
|
| | | | 2,890,831 | | | | | | 6.3 % | | |
Highbridge Capital Management, LLC
(14)
|
| | | | 2,500,000 | | | | | | 5.5 % | | |
Name
|
| |
Fees Earned or
Paid in Cash |
| |
Option
Awards |
| |
Stock
Awards (1) |
| |
All Other
Compensation |
| |
Total
|
| |||||||||||||||
Mark D. Ein
|
| | | $ | 50,000 | | | | | $ | — | | | | | $ | 74,989 | | | | | $ | — | | | | | $ | 124,989 | | |
Bernard W. Aronson
|
| | | $ | 50,000 | | | | | $ | — | | | | | $ | 74,989 | | | | | $ | — | | | | | $ | 124,989 | | |
Elliott Bisnow
(2)
|
| | | $ | 50,000 | | | | | $ | — | | | | | $ | 124,989 | | | | | $ | — | | | | | $ | 174,989 | | |
Daniel J. Hanrahan
|
| | | $ | 50,000 | | | | | $ | — | | | | | $ | 74,989 | | | | | $ | — | | | | | $ | 124,989 | | |
L. Dyson Dryden
|
| | | $ | 50,000 | | | | | $ | — | | | | | $ | 74,989 | | | | | $ | — | | | | | $ | 124,989 | | |
John M. Fahey
(3)
|
| | | $ | — | | | | | $ | — | | | | | $ | 124,964 | | | | | $ | — | | | | | $ | 124,964 | | |
Catherine B. Reynolds
|
| | | $ | 50,000 | | | | | $ | — | | | | | $ | 74,989 | | | | | $ | — | | | | | $ | 124,989 | | |
Name
|
| |
Age
|
| |
Position
|
|
Sven-Olof Lindblad
|
| |
68
|
| | Chief Executive Officer, President and Director | |
Craig I. Felenstein
|
| |
46
|
| | Chief Financial Officer | |
Philip J. Auerbach
|
| |
39
|
| | Chief Commercial Officer | |
Dean (Trey) Byus III
|
| |
50
|
| | Chief Expedition Officer | |
Benjamin L. Bressler
|
| |
56
|
| | President, Natural Habitat, Inc. | |
Name
|
| |
Fiscal 2019
Base Salary |
| |
Percentage Increase
Over Fiscal 2018 Base Salary |
| ||||||
Sven-Olof Lindblad
|
| | | $ | 515,000 | | | | | | 3 % | | |
Craig I. Felenstein
|
| | | $ | 412,000 | | | | | | 3 % | | |
Philip J. Auerbach
|
| | | $ | 412,000 | | | | | | 3 % | | |
Dean (Trey) Byus III
|
| | | $ | 283,250 | | | | | | 3 % | | |
Benjamin L. Bressler
|
| | | $ | 200,000 | | | | | | 0 % | | |
Name
|
| |
2018 Short-Term
Annual Cash-Based Incentive Bonus Amount |
| |||
Mr. Lindblad
|
| | | $ | 378,750 | | |
Mr. Felenstein
|
| | | $ | 303,000 * | | |
Mr. Auerbach
|
| | | $ | 303,000 | | |
Mr. Byus III
|
| | | $ | 208,313 | | |
Name and Principal Position
|
| |
Year
|
| |
Salary
|
| |
Bonus
|
| |
Stock
(1)
|
| |
Option
(1)
|
| |
All Other
(2)
|
| |
Total
|
| |||||||||||||||||||||
Sven-Olof Lindblad
President and Chief Executive Officer |
| | | | 2018 | | | | | $ | 500,000 | | | | | $ | 378,750 | | | | | $ | 749,998 | | | | | $ | — | | | | | $ | 29,110 | | | | | $ | 1,657,858 | | |
| | | 2017 | | | | | $ | 543,726 | | | | | $ | 242,368 | | | | | $ | 751,680 | | | | | $ | — | | | | | $ | 29,110 | | | | | $ | 1,556,884 | | | ||
| | | 2016 | | | | | $ | 674,918 | | | | | $ | 500,000 | | | | | $ | — | | | | | $ | — | | | | | $ | 91,042 | | | | | $ | 1,265,960 | | | ||
Craig I. Felenstein
Chief Financial Officer |
| | | | 2018 | | | | | $ | 400,000 | | | | | $ | 353,000 | | | | | $ | 399,996 | | | | | $ | — | | | | | $ | 29,719 | | | | | $ | 1,182,718 | | |
| | | 2017 | | | | | $ | 400,000 | | | | | $ | 196,693 | | | | | $ | 400,885 | | | | | $ | — | | | | | $ | 29,719 | | | | | $ | 1,027,297 | | | ||
| | | 2016 | | | | | $ | 128,975 | | | | | $ | 200,000 | | | | | $ | 378,800 (3) | | | | | $ | 978,000 (4) | | | | | $ | 4,251 | | | | | $ | 1,690,026 | | | ||
Philip J. Auerbach
Chief Commercial Officer |
| | | | 2018 | | | | | $ | 400,000 | | | | | $ | 303,000 | | | | | $ | 399,996 | | | | | $ | — | | | | | $ | 29,719 | | | | | $ | 1,132,193 | | |
| | | 2017 | | | | | $ | 400,000 | | | | | $ | 196,693 | | | | | $ | 400,885 | | | | | $ | — | | | | | $ | 29,197 | | | | | $ | 1,026,775 | | | ||
| | | 2016 | | | | | $ | 239,488 | | | | | $ | 325,000 | | | | | $ | 909,000 (3) | | | | | $ | — | | | | | $ | 10,417 | | | | | $ | 1,483,905 | | | ||
Dean (Trey) Byus III
Chief Expedition Officer |
| | | | 2018 | | | | | $ | 275,000 | | | | | $ | 208,557 | | | | | $ | 275,010 | | | | | $ | — | | | | | $ | 29,719 | | | | | $ | 788,286 | | |
| | | 2017 | | | | | $ | 261,245 | | | | | $ | 128,463 | | | | | $ | 275,614 | | | | | $ | — | | | | | $ | 29,719 | | | | | $ | 695,042 | | | ||
| | | 2016 | | | | | $ | 227,841 | | | | | $ | 256,321 | | | | | $ | — | | | | | $ | — | | | | | $ | 27,030 | | | | | $ | 511,195 | | | ||
Benjamin L. Bressler
President, Natural Habitat, Inc. |
| | | | 2018 | | | | | $ | 200,000 | | | | | $ | 650,367 | | | | | $ | — | | | | | $ | — | | | | | $ | 37,597 | | | | | $ | 887,964 | | |
| | | 2017 | | | | | $ | 200,000 | | | | | $ | 429,845 | | | | | $ | — | | | | | $ | — | | | | | $ | 37,579 | | | | | $ | 667,444 | | | ||
| | | 2016 | | | | | $ | 200,000 | | | | | $ | 674,919 | | | | | $ | — | | | | | $ | — | | | | | $ | 25,086 | | | | | $ | 900,005 | | |
Name
|
| |
401(k) Match
|
| |
Health
Insurance Premiums |
| |
Life, Accidental,
Death and Dismemberment and Long Term Disability Premiums |
| |
Other
|
| ||||||||||||
Mr. Lindblad
|
| | | $ | 2,100 | | | | | $ | 25,129 | | | | | $ | 1,881 | | | | | $ | — | | |
Mr. Felenstein
|
| | | $ | 2,100 | | | | | $ | 25,129 | | | | | $ | 2,490 | | | | | $ | — | | |
Mr. Auerbach
|
| | | $ | 2,100 | | | | | $ | 25,129 | | | | | $ | 1,968 | | | | | $ | — | | |
Mr. Byus
|
| | | $ | 2,100 | | | | | $ | 25,129 | | | | | $ | 2,490 | | | | | $ | — | | |
Mr. Bressler
|
| | | $ | 2,100 | | | | | $ | 25,129 | | | | | $ | 1,968 | | | | | $ | 8,400 (a) | | |
Name
|
| |
Grant
Date of Equity Incentive Plan Awards |
| |
Estimated Possible Payouts
Under Non-Equity Incentive Plan Awards (1) |
| |
Estimated Future Payouts Under
Equity Incentive Plan Awards (2) |
| |
All Other
Stock Awards: Number of Shares of Stock or Units (#) (3) |
| |
Grant Date
Fair Value of Stock and Option Awards (4) ($) |
| |||||||||||||||||||||||||||||||||||||||
|
Threshold
($) |
| |
Target
($) |
| |
Maximum
($) |
| |
Threshold
(#) |
| |
Target
(#) |
| |
Maximum
(#) |
| ||||||||||||||||||||||||||||||||||||||
Mr. Lindblad
|
| | | | | | | | | $ | 327,750 | | | | | $ | 375,000 | | | | | $ | 562,500 | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
| | | | | 3/30/2018 | | | | | | | | | | | | | | | | | | | | | | | | — | | | | | | 36,514 | | | | | | 73,028 | | | | | | | | | | | $ | 374,999 | | |
| | | | | 3/30/2018 | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | 36,514 | | | | | $ | 374,999 | | |
Mr. Felenstein
|
| | | | | | | | | $ | 262,200 | | | | | $ | 300,000 | | | | | $ | 450,000 | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
| | | | | 3/30/2018 | | | | | | | | | | | | | | | | | | | | | | | | — | | | | | | 19,474 | | | | | | 38,948 | | | | | | | | | | | $ | 199,998 | | |
| | | | | 3/30/2018 | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | 19,474 | | | | | $ | 199,998 | | |
Mr. Auerbach
|
| | | | | | | | | $ | 262,200 | | | | | $ | 300,000 | | | | | $ | 450,000 | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
| | | | | 3/30/2018 | | | | | | | | | | | | | | | | | | | | | | | | — | | | | | | 19,474 | | | | | | 38,948 | | | | | | | | | | | $ | 199,998 | | |
| | | | | 3/30/2018 | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | 19,474 | | | | | $ | 199,998 | | |
Mr. Byus
|
| | | | | | | | | $ | 180,263 | | | | | $ | 206,250 | | | | | $ | 309,375 | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
| | | | | 3/30/2018 | | | | | | | | | | | | | | | | | | | | | | | | — | | | | | | 13,389 | | | | | | 26,778 | | | | | | | | | | | $ | 137,505 | | |
| | | | | 3/30/2018 | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | 13,389 | | | | | $ | 137,505 | | |
| | |
Option Awards
|
| |
Stock Awards
|
| ||||||||||||||||||||||||||||||||||||||||||
Name
|
| |
Number of
Securities Underlying Unexercised Options Exercisable (#) |
| |
Number of
Securities Underlying Unexercised Options Unexercisable (#) |
| |
Option
Exercise Price ($) |
| |
Option
Expiration Date |
| |
Number
of Shares or Units of Stock That Have Not Vested (#) (2) |
| |
Market
Value of Shares or Units of Stock That Have Not Vested ($) (1) |
| |
Equity
Incentive Plan Awards: Number of Unearned Shares, Units or Other Rights That Have Not Vested (#) |
| |
Equity
Incentive Plan Awards: Market or Payout Value of Unearned Shares, Units or Other Rights That Have Not Vested ($) (1) |
| ||||||||||||||||||||||||
Mr. Lindblad
|
| | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | 64,416 | | | | | $ | 867,039 | | | | | | 32,461 (3) | | | | | $ | 436,925 | | |
| | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | 36,514 (4) | | | | | $ | 491,478 | | |
Mr. Felenstein
|
| | | | 100,000 | | | | | | 100,000 | | | | | $ | 9.47 | | | | | | 9/6/26 | | | | | | 54,355 | | | | | $ | 731,618 | | | | | | 17,312 (3) | | | | | $ | 233,020 | | |
| | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | 19,474 (4) | | | | | $ | 262,120 | | |
Mr. Auerbach
|
| | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | 79,355 | | | | | $ | 1,068,118 | | | | | | 17,312 (3) | | | | | $ | 233,020 | | |
| | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | 19,474 (4) | | | | | $ | 262,120 | | |
Mr. Byus
|
| | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | 23,620 | | | | | $ | 317,925 | | | | | | 11,903 (3) | | | | | $ | 160,214 | | |
| | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | 13,389 (4) | | | | | $ | 180,216 | | |
| | |
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) |
| ||||||||||||
Sven-Olof Lindblad
|
| | | | — | | | | | $ | — | | | | | | 13,951 | | | | | $ | 145,509 | | |
Craig I. Felenstein
|
| | | | — | | | | | $ | — | | | | | | 17,440 | | | | | $ | 226,599 | | |
Philip J. Auerbach
|
| | | | — | | | | | $ | — | | | | | | 29,940 | | | | | $ | 358,849 | | |
Dean (Trey) Byus III
|
| | | | 238,856 | | | | | $ | 1,918,014 | | | | | | 5,115 | | | | | $ | 53,349 | | |
Name
|
| |
Cash
|
| |
Equity
|
| |
Perquisites/
Benefits |
| |
Total
|
| ||||||||||||
Mr. Lindblad
|
| | | $ | — | | | | | $ | — | | | | | $ | — | | | | | $ | — | | |
Mr. Felenstein
|
| | | $ | 653,000 (1) | | | | | $ | 521,611 (3) | | | | | $ | 26,926 (5 ) | | | | | $ | 1,201,537 | | |
Mr. Auerbach
|
| | | $ | 603,000 (1) | | | | | $ | 675,821 (4) | | | | | $ | 26,926 (5 ) | | | | | $ | 1,305,747 | | |
Mr. Byus
|
| | | $ | 681,337 (2) | | | | | $ | — | | | | | $ | 35,902 (6 ) | | | | | $ | 717,239 | | |
Mr. Bressler
|
| | | $ | 5,154,988 (11) | | | | | $ | — | | | | | $ | 53,853 (1 2 ) | | | | | $ | 5,208,841 | | |
Name
|
| |
Cash
|
| |
Equity
|
| |
Perquisites/
Benefits |
| |
Total
|
| ||||||||||||
Mr. Lindblad
|
| | | $ | — | | | | | $ | — | | | | | $ | — | | | | | $ | — | | |
Mr. Felenstein
|
| | | $ | 653,000 (1) | | | | | $ | 1,130,618 (8) | | | | | $ | 26,926 (5) | | | | | $ | 1,810,544 | | |
Mr. Auerbach
|
| | | $ | 603,000 (1) | | | | | $ | 1,068,118 (9) | | | | | $ | 26,926 (5) | | | | | $ | 1,698,044 | | |
Mr. Byus
|
| | | $ | 1,171,057 (7) | | | | | $ | — | | | | | $ | 71,804 (10) | | | | | $ | 1,242,861 | | |
Mr. Bressler
|
| | | $ | 5,154,988 (11) | | | | | $ | — | | | | | $ | 53,853 (12) | | | | | $ | 5,208,841 | | |
| | |
2018
|
| |
2017
|
| ||||||
Audit fees
(1)
|
| | | $ | 536,763 | | | | | $ | 369,231 | | |
Audit-related fees
|
| | | $ | — | | | | | $ | — | | |
Tax fees
|
| | | $ | — | | | | | $ | — | | |
All other fees
|
| | | $ | — | | | | | $ | — | | |