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IMPORTANT NOTICE REGARDING THE AVAILABILITY OF PROXY MATERIALS FOR THE SPECIAL MEETING OF STOCKHOLDERS TO BE HELD ON AUGUST 28, 2017
This notice of meeting and the accompanying proxy statement are available at www.proxyvote.com. |
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IMPORTANT NOTICE REGARDING THE AVAILABILITY OF PROXY MATERIALS FOR THE SPECIAL MEETING OF STOCKHOLDERS TO BE HELD ON AUGUST 28, 2017
This proxy statement and our 2016 Annual Report are available at www.proxyvote.com . |
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Name and Address of Beneficial Owner
|
| |
Amount and
Nature of Beneficial Ownership |
| |
Percent of
Class |
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George Hall
|
| | | | 1,466,170 (1) | | | | | | 29.55 % | | |
510 Madison Avenue, 9
th
Floor
New York, NY 10022 |
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Ariel Investments, LLC
|
| | | | 755,589 (2) | | | | | | 15.23 % | | |
200 East Randolph Street,
Suite 2900 Chicago, IL 60601 |
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Wells Fargo Capital Management Incorporated
|
| | | | 523,026 (3) | | | | | | 10.54 % | | |
420 Montgomery Street
San Francisco, CA 94104 |
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Footprints Asset Management & Research, Inc.
|
| | | | 250,816 (4) | | | | | | 5.05 % | | |
11422 Miracle Hills Drive,
Suite 208 Omaha, NE 68154 |
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Name of Beneficial Owner
|
| |
Amount and
Nature of Beneficial Ownership |
| |
Percent of
Class |
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Geoff Barrall
|
| | | | 27,823 (1) | | | | | | * | | |
Joseph A. De Perio
|
| | | | 35,262 | | | | | | * | | |
Robert B. Fernander
|
| | | | 18,190 | | | | | | * | | |
Barry L. Kasoff
|
| | | | 639 | | | | | | * | | |
Tracy McKibben
|
| | | | 9,411 | | | | | | * | | |
Tavis J. Morello
|
| | | | — | | | | | | * | | |
Donald H. Putnam
|
| | | | 8,510 | | | | | | * | | |
Robert Searing
|
| | | | 14,410 (2) | | | | | | * | | |
Alex Spiro
|
| | | | 16,573 | | | | | | * | | |
Daniel A. Strauss
|
| | | | — | | | | | | * | | |
Robert G. Torricelli
|
| | | | 28,724 (3) | | | | | | * | | |
Danny Zheng
|
| | | | 4,432 | | | | | | * | | |
All Directors and Executive Officers as a Group (12 Persons)
|
| | | | 163,974 | | | | | | 3.29 % | | |
Name
|
| |
Fees Earned or
Paid in Cash ($) |
| |
Stock
Awards ($) (1) |
| |
All Other
Compensation ($) (2) |
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Total
($) |
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Joseph A. De Perio
|
| | | | 125,000 | | | | | | 163,800 | | | | | | 0 | | | | | | 288,800 | | |
Barry L. Kasoff
|
| | | | 15,514 | | | | | | 0 | | | | | | 0 | | | | | | 15,514 | | |
Tracy McKibben
|
| | | | 50,000 | | | | | | 75,000 | | | | | | 0 | | | | | | 125,000 | | |
Donald H. Putnam
|
| | | | 52,555 | | | | | | 95,900 | | | | | | 0 | | | | | | 148,455 | | |
Robert Searing
|
| | | | 62,500 | | | | | | 75,000 | | | | | | 0 | | | | | | 137,500 | | |
Alex Spiro
|
| | | | 72,041 | | | | | | 75,000 | | | | | | 70,000 | | | | | | 147,041 | | |
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Fiscal Year
2016 (1) |
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Fiscal Year
2015 |
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Audit Fees: | | | | ||||||||||
GAAP and statutory audits
|
| | | $ | 467,731 | | | | | $ | 2,527,091 | | |
Audit-Related Fees: | | | | ||||||||||
Services related to business transactions
|
| | | $ | 0 | | | | | $ | 0 | | |
Employee benefit plan audits
|
| | | $ | 12,250 | | | | | $ | 6,000 | | |
Attest services and other
|
| | | $ | 57,182 | | | | | $ | 15,239 | | |
Total Audit-Related Fees
|
| | | $ | 69,432 | | | | | $ | 21,239 | | |
Tax Fees (tax preparation, advice and consulting)
|
| | | $ | 58,839 | | | | | $ | 450,438 | | |
All Other Fees: | | | | ||||||||||
Other Business Consulting Fees
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| | | $ | 202,935 | | | | | $ | 0 | | |
Financial training materials
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| | | $ | 1,800 | | | | | $ | 3,600 | | |
Name and Principal Position
|
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Year
|
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Salary
($) |
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Bonus
($) (1) |
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Stock
Awards ($) (2) |
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Options
Awards ($) (3) |
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Non-Equity
Incentive Plan Compensation ($) (4) |
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Non-Qualified
Deferred Compensation Earnings ($) (5) |
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All Other
Compensation ($) (6) |
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Total
($) |
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Danny Zheng
Interim Chief Executive Officer; Chief Financial Officer |
| | | | 2016 | | | | | | 265,469 | | | | | | 240,000 | | | | | | 0 | | | | | | 0 | | | | | | 149,625 | | | | | | 918 | | | | | | 60,613 | | | | | | 716,625 | | |
Tavis J. Morello
General Counsel and Corporate Secretary |
| | | | 2016 | | | | | | 70,769 | | | | | | 0 | | | | | | 53,000 | | | | | | 0 | | | | | | 20,795 | | | | | | 0 | | | | | | 0 | | | | | | 144,564 | | |
Geoff S. Barrall
Former Chief Technology Officer |
| | | | 2016 | | | | | | 602,308 | | | | | | 25,066 | | | | | | 0 | | | | | | 0 | | | | | | 0 | | | | | | 0 | | | | | | 0 | | | | | | 627,374 | | |
Robert B. Fernander
Former Interim Chief Executive Officer |
| | | | 2016 | | | | | | 602,308 | | | | | | 0 | | | | | | 0 | | | | | | 0 | | | | | | 0 | | | | | | 0 | | | | | | 7,998 | | | | | | 610,306 | | |
| | | | | 2015 | | | | | | 129,231 | | | | | | 0 | | | | | | 1,165,220 | | | | | | 0 | | | | | | 0 | | | | | | 0 | | | | | | 6,742 | | | | | | 1,301,193 | | |
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Perks and
Other Personal Benefits ($) (1) |
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Tax
Reimbursements ($) |
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Registrant
Contributions to 401(k) and Non-Qualified Pension Plans ($) |
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Severance
Payment ($) |
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Danny Zheng
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| | | | 60,613 | | | | | | 0 | | | | | | 0 | | | | | | 0 | | |
Tavis J. Morello
|
| | | | 0 | | | | | | 0 | | | | | | 0 | | | | | | 0 | | |
Geoff S. Barrall
|
| | | | 0 | | | | | | 0 | | | | | | 0 | | | | | | 0 | | |
Robert B. Fernander
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| | | | 7,998 | | | | | | 0 | | | | | | 0 | | | | | | 0 | | |
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Option Awards
|
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Stock Awards
|
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Name
|
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Number of
Securities Underlying Unexercised Options (#) Exercisable |
| |
Number of
Securities Underlying Unexercised Options (#) Unexercisable |
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Option
Exercise Price ($) |
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Option
Expiration Date |
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Number of
Shares or Units of Stock Held That Have Not Vested (#) |
| |
Market Value
of Shares or Units of Stock That Have Not Vested ($) (1) |
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Danny Zheng
|
| | | | 335 (2 ) | | | | | | | | | | | | 57.90 | | | | | | 05/01/2022 | | | | | ||||||||||
| | | | | 395 (2 ) | | | | | | | | | | | | 96.50 | | | | | | 05/03/2021 | | | | | ||||||||||
| | | | | 162 (2 ) | | | | | | | | | | | | 106.10 | | | | | | 05/04/2020 | | | | | ||||||||||
| | | | | 106 (2 ) | | | | | | | | | | | | 101.90 | | | | | | 05/05/2019 | | | | | ||||||||||
| | | | | | | | | | | | | | | | | | | | | | | | | | | | | 1,078 (3 ) | | | | | | 8,840 | | |
Tavis Morello
|
| | | | | | | | | | | | | | | | | | | | | | | | | | | | 10,000 (3 ) | | | | | | 82,000 | | |
Geoff Barrall
|
| | | | 10,000 (2 ) | | | | | | 20,000 | | | | | | 14.00 | | | | | | 12/07/2025 | | | | | ||||||||||
| | | | | | | | | | | | | | | | | | | | | | | | | | | | | 710 (3 ) | | | | | | 5,822 | | |
Robert B Fernander
|
| | | | | | | | | | | | | | | | | | | | | | | | | | | | 57,400 (3 ) | | | | | | 470,680 | | |
Name
|
| |
Plan Name
|
| |
Number of Years
Credited Service (1) (#) |
| |
Present Value of
Accumulated Benefit (2) ($) |
| |
Payments During
Last Fiscal Year ($) |
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Danny Zheng
|
| | Pension Plan | | | | | 2 | | | | | | 22,964 | | | | | | 0 | | |
| | |
Non-Qualified Pension Plan
|
| | | | 8 | | | | | | 1,024 | | | | | | 0 | | |
Name
|
| |
Base Salary
($) (1) |
| |
Accrued
Unused PTO ($) |
| |
Annual Bonus
($) (2) |
| |
Total
($) |
| ||||||||||||
Danny Zheng
|
| | | | 130,000 | | | | | | 28,036 | | | | | | 121,500 | | | | | | 279,536 | | |
Tavis Morello
|
| | | | 115,000 | | | | | | 5,443 | | | | | | 20,795 | | | | | | 141,238 | | |
Geoff Barrall
|
| | | | 600,000 | | | | | | 69,235 | | | | | | | | | | | | 600,000 | | |
Robert B Fernander
|
| | | | 600,000 | | | | | | 42,695 | | | | | | | | | | | | 600,000 | | |
Equity Compensation Plans
Approved by Stockholders |
| |
Number of Securities
to be Issued Upon 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) |
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2011 Stock Incentive Plan
|
| | | | 152,140 (1) | | | | | $ | 33.95 | | | | | | 226,136 | | |
2008 Stock Incentive Plan
|
| | | | 115,704 | | | | | $ | 100.24 | | | | | | — (2) | | |
2005 Stock Incentive Plan
|
| | | | 18,864 | | | | | $ | 289.34 | | | | | | — (2) | | |
Total
|
| | | | 286,708 | | | | | $ | 77.51 | | | | | | 226,136 | | |
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| Dated: July 17, 2017 | | |
BY ORDER OF THE BOARD OF DIRECTORS,
/s/ Tavis J. Morello
Tavis J. Morello General Counsel and Corporate Secretary |
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