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| | | Fiscal 2019 | | | Fiscal 2018 | | ||||||
Audit Fees(1) | | | | $ | 1,618,100 | | | | | $ | 669,900 | | |
All Other Fees(2) | | | | | 1,780 | | | | | | 1,780 | | |
Total Fees | | | | $ | 1,619,880 | | | | | $ | 671,680 | | |
|
| | | Fiscal 2021 | | | Fiscal 2020 | | ||||||
Audit Fees(1) | | | | $ | 1,402,380 | | | | | $ | 1,696,610 | | |
All Other Fees(2) | | | | | 81,435 | | | | | | 36,498 | | |
Total Fees | | | | $ | 1,483,815 | | | | | $ | 1,733,108 | | |
| Shares Subject to Stock Options | | | | | 1,685,130 | | |
| Stock Option Weighted Average Exercise Price | | | | $ | 46.11 | | |
| Stock Option Weighted Average Remaining Term (years) | | | | | 4.94 | | |
| Restricted Shares and Stock Units | | | | | 2,432,483 | | |
| Common Shares Outstanding | | | | | 52,751,228 | | |
| Unissued Shares Available for Future Grant | | | | | 2,809,014 | | |
Name and Position | | | Stock Options (#) | | | Restricted Shares (#)(1) | | ||||||
Named Executive Officers: | | | | | | | | | | | | | |
David Overton | | | | | 336,900 | | | | | | 282,750 | | |
David M. Gordon | | | | | 76,300 | | | | | | 69,380 | | |
Name and Position | | | Stock Options (#) | | | Restricted Shares (#)(1) | | ||||||
Matthew E. Clark | | | | | 68,900 | | | | | | 65,350 | | |
Scarlett May | | | | | 18,800 | | | | | | 35,230 | | |
Keith T. Carango | | | | | 30,000 | | | | | | 25,750 | | |
All current executive officers, as a group | | | | | 530,900 | | | | | | 478,460 | | |
All current non-employee directors, as a group: | | | | | | | | | | | | | |
Current director nominees: | | | | | | | | | | | | | |
Edie A. Ames | | | | | — | | | | | | — | | |
Alexander L. Cappello | | | | | — | | | | | | — | | |
Khanh Collins | | | | | — | | | | | | 1,168 | | |
Paul D. Ginsberg | | | | | — | | | | | | — | | |
Jerome I. Kransdorf | | | | | — | | | | | | — | | |
Janice L. Meyer | | | | | — | | | | | | 7,241 | | |
Laurence B. Mindel | | | | | — | | | | | | — | | |
David B. Pittaway | | | | | — | | | | | | 979 | | |
Herbert Simon | | | | | — | | | | | | — | | |
All non-employee directors, as a group | | | | | — | | | | | | 9,388 | | |
Each associate of any such directors, executive officers or nominees | | | | | — | | | | | | — | | |
Each other person who received or is to receive 5% of such options or rights | | | | | — | | | | | | — | | |
All employees, including all current officers who are not executive officers, as a group | | | | | 130,300 | | | | | | 1,642,541 | | |
| | Board Member | | | | Audit Committee | | | | Compensation Committee | | | | Corporate Governance and Nominating Committee | | |
| | David Overton, Chairman of the Board | | | | — | | | | — | | | | — | | |
| | Edie A. Ames | | | | — | | | | — | | | | Member | | |
| | Alexander L. Cappello | | | | Member* | | | | Chair | | | | — | | |
| | Jerome I. Kransdorf, Lead Director | | | | Member | | | | Member | | | | Chair | | |
| | Janice L. Meyer | | | | Member | | | | — | | | | — | | |
| | Laurence B. Mindel | | | | — | | | | Member | | | | Member | | |
| | David B. Pittaway | | | | Chair* | | | | — | | | | — | | |
| | Herbert Simon | | | | — | | | | Member | | | | Member | | |
| | Number of Meetings in 2019 | | | | 10 | | | | 6 | | | | 3 | | |
| | Board Member | | | | Audit Committee | | | | Compensation Committee | | | | Corporate Governance and Nominating Committee | | |
| | David Overton, Chairman of the Board | | | | — | | | | — | | | | — | | |
| | Edie A. Ames | | | | — | | | | Member | | | | Member** | | |
| | Alexander L. Cappello | | | | Member* | | | | Chair | | | | — | | |
| | Khanh Collins | | | | — | | | | — | | | | Member*** | | |
| | Jerome I. Kransdorf, Lead Director | | | | — | | | | Member | | | | Chair | | |
| | Paul D. Ginsberg | | | | — | | | | — | | | | — | | |
| | Janice L. Meyer | | | | Member | | | | — | | | | — | | |
| | Laurence B. Mindel | | | | — | | | | Member | | | | Member | | |
| | David B. Pittaway | | | | Chair* | | | | — | | | | — | | |
| | Board Member | | | | Audit Committee | | | | Compensation Committee | | | | Corporate Governance and Nominating Committee | | |
| | Herbert Simon | | | | — | | | | Member | | | | Member | | |
| | Number of Meetings in 2021 | | | | 10 | | | | 5 | | | | 4 | | |
| | Board of Directors Fees(1) | | | | Fiscal 2019 | | | |||
| | Annual fee(2) | | | | | $ | 90,000 | | | |
| | Annual cash payment in lieu of equity grant in 2019(2) | | | | | $ | 115,000 | | | |
| | Lead Director annual fee | | | | | $ | 25,000 | | | |
| | Audit Committee Chair annual fee | | | | | $ | 15,000 | | | |
| | Compensation Committee Chair annual fee | | | | | $ | 12,500 | | | |
| | Governance Committee Chair annual fee | | | | | $ | 7,500 | | | |
| | Name | | | | Fees earned or paid in cash ($) | | | | Total ($) | | | ||||||
| | Edie A. Ames(1) | | | | | $ | 205,000 | | | | | | $ | 205,000 | | | |
| | Alexander L. Cappello | | | | | $ | 217,500 | | | | | | $ | 217,500 | | | |
| | Jerome I. Kransdorf(1) | | | | | $ | 237,500 | | | | | | $ | 237,500 | | | |
| | Laurence B. Mindel | | | | | $ | 205,000 | | | | | | $ | 205,000 | | | |
| | David B. Pittaway | | | | | $ | 220,000 | | | | | | $ | 220,000 | | | |
| | Herbert Simon | | | | | $ | 205,000 | | | | | | $ | 205,000 | | | |
| | Board Member | | | | Audit Committee | | | | Compensation Committee | | | | Corporate Governance and Nominating Committee | | |
| | David Overton, Chairman of the Board | | | | — | | | | — | | | | — | | |
| | Edie A. Ames | | | | — | | | | Member | | | | Member** | | |
| | Alexander L. Cappello | | | | Member* | | | | Chair | | | | — | | |
| | Khanh Collins | | | | — | | | | — | | | | Member*** | | |
| | Jerome I. Kransdorf, Lead Director | | | | — | | | | Member | | | | Chair | | |
| | Paul D. Ginsberg | | | | — | | | | — | | | | — | | |
| | Janice L. Meyer | | | | Member | | | | — | | | | — | | |
| | Laurence B. Mindel | | | | — | | | | Member | | | | Member | | |
| | David B. Pittaway | | | | Chair* | | | | — | | | | — | | |
| | Board Member | | | | Audit Committee | | | | Compensation Committee | | | | Corporate Governance and Nominating Committee | | |
| | Herbert Simon | | | | — | | | | Member | | | | Member | | |
| | Number of Meetings in 2021 | | | | 10 | | | | 5 | | | | 4 | | |
| | Board Member | | | | Audit Committee | | | | Compensation Committee | | | | Corporate Governance and Nominating Committee | | |
| | David Overton, Chairman of the Board | | | | — | | | | — | | | | — | | |
| | Edie A. Ames | | | | — | | | | Member | | | | Member** | | |
| | Alexander L. Cappello | | | | Member* | | | | Chair | | | | — | | |
| | Khanh Collins | | | | — | | | | — | | | | Member*** | | |
| | Jerome I. Kransdorf, Lead Director | | | | — | | | | Member | | | | Chair | | |
| | Paul D. Ginsberg | | | | — | | | | — | | | | — | | |
| | Janice L. Meyer | | | | Member | | | | — | | | | — | | |
| | Laurence B. Mindel | | | | — | | | | Member | | | | Member | | |
| | David B. Pittaway | | | | Chair* | | | | — | | | | — | | |
| | Board Member | | | | Audit Committee | | | | Compensation Committee | | | | Corporate Governance and Nominating Committee | | |
| | Herbert Simon | | | | — | | | | Member | | | | Member | | |
| | Number of Meetings in 2021 | | | | 10 | | | | 5 | | | | 4 | | |
| | Board of Directors Fees(1) | | | | Fiscal 2021 | | | |||
| | Annual fee | | | | | $ | 90,000 | | | |
| | Annual equity grant or cash payment in lieu of equity grant(2) | | | | | $ | 115,000 | | | |
| | Lead Director annual fee | | | | | $ | 25,000 | | | |
| | Audit Committee Chair annual fee | | | | | $ | 15,000 | | | |
| | Compensation Committee Chair annual fee | | | | | $ | 12,500 | | | |
| | Governance Committee Chair annual fee | | | | | $ | 7,500 | | | |
| | Name | | | | Fees earned or paid in cash ($) | | | | Stock Awards ($)(1) | | | | Total ($) | | | |||||||||
| | Edie A. Ames(2) | | | | | $ | 205,000 | | | | | | | — | | | | | | $ | 205,000 | | | |
| | Alexander L. Cappello | | | | | $ | 217,500 | | | | | | | — | | | | | | $ | 217,500 | | | |
| | Khanh Collins | | | | | $ | 43,011 | | | | | | $ | 48,000 | | | | | | $ | 91,011 | | | |
| | Paul D. Ginsberg(3) | | | | | $ | 205,000 | | | | | | | — | | | | | | $ | 205,000 | | | |
| | Jerome I. Kransdorf(2) | | | | | $ | 237,500 | | | | | | | — | | | | | | $ | 237,500 | | | |
| | Janice L. Meyer | | | | | $ | 90,000 | | | | | | $ | 115,000 | | | | | | $ | 205,000 | | | |
| | Laurence B. Mindel | | | | | $ | 205,000 | | | | | | | — | | | | | | $ | 205,000 | | | |
| | David B. Pittaway | | | | | $ | 162,500 | | | | | | $ | 57,500 | | | | | | $ | 220,000 | | | |
| | Herbert Simon | | | | | $ | 205,000 | | | | | | | — | | | | | | $ | 205,000 | | | |
| | Pay Element | | | | | | | Individual Pay Adjustments | | | |
| | Base Salary | | | | • n/a | | | | • Base salary increases ranged from 0% | | |
| | Performance Incentive Plan —75% —25% Strategic Goals | | | | • • Additionally, maximum payouts for the adjusted EBITDAR component were reduced from 200% of target to 150% of target, with the entire payout scale reduced accordingly. As a result, the maximum annual bonus payout, including the financial and strategic components, was reduced from 175% to 137.5% of target. | | | | • • All other target bonus opportunities |
| | |||||||||||
| | Long-Term Stock Incentive Plan —50% performance shares tied to — | | | | • • We changed the earnings per share metric to total annual revenue growth, which better aligned with our strategic | | | | • Long-term grant value increases ranged from | | |
| | What We Do | | | | What We Don’t Do | | |
| | Pay for Performance—A significant portion of executive compensation is performance-based, tied to pre-established performance goals aligned with our short- and long-term objectives and stockholder value creation | | | | No Payment of Dividends on Unvested Awards—Any dividends or dividend equivalents related to equity awards are subject to the same vesting restrictions as the underlying awards | | |
| | Focus on Retention and Long-Term Value Creation—We use longer equity vesting periods than our peers (generally ratably over five years for stock options and over three to five years for restricted stock/units, versus three to four years for our peer group) | | | | No Single Trigger Benefits—Except where awards are not assumed by the surviving or acquiring entity, any payments or benefits in the event of a change in control require a qualifying termination of employment (“double trigger”) | | |
| | Stock Ownership Guidelines—We maintain stock ownership guidelines to encourage executives to think like our long-term stockholders | | | | No Automatic Retirement Payments—We do not provide automatic acceleration of equity awards upon retirement | | |
| | Compensation Recoupment Policy—We maintain | | | | No Excessive Perquisites—We generally only provide perquisites to Named Executive Officers that are available to other members of senior management | | |
| | Effectively Manage Dilution— | | | | No Tax Gross-Ups Upon Change in Control—We do not gross-up executive perquisite taxes or excise taxes in connection with a change in control | | |
| | Regularly Consider Stockholder Feedback—We conduct an annual stockholder say-on-pay vote and we engage with interested stockholders and receive their feedback on our executive compensation program | | | | No Hedging and Pledging—We prohibit all employees and directors from engaging in hedging, pledging and speculative transactions in derivatives of Company securities | | |
| | Assess and Mitigate Risk—We conduct an annual risk assessment to identify any significant risks in our incentive compensation programs | | | | No “Repricing”—We prohibit repricing of stock options without stockholder approval | | |
| | Independent Compensation Consultant—Our Compensation Committee engages an independent consultant for objective advice regarding executive pay | | | | No Multi-Year Guarantees—We do not provide multi-year guarantees for salary increases, bonus or equity compensation | | |
| | Element | | | | Description | | | | Performance Considerations | | | | Primary Objectives | | |
| | Base Salary | | | | • Fixed cash payment | | | | • Based on level of responsibility, experience, tenure in role, individual performance and expected future value/contribution | | | | • Attract and retain talent • Provide competitive compensation • Recognize career experience • Reward individual performance | | |
| | Performance Incentive Plan | | | | • Variable performance-based annual cash incentive, tied to achieving pre-established financial and strategic goals | | | | • Target bonus is a percentage of base salary, based on management position • Bonus based 75% on achievement of adjusted EBITDAR and 25% on achievement of strategic goals • Adjusted EBITDAR portion can pay out from 25%—150% of target based on two sixth-month performance periods; strategic portion capped at 100% of target based on annual goals • The actual amount of the bonus payable will be determined by the Compensation Committee and paid after the end of the fiscal year | | | | • Promote and reward high performance • Motivate achievement of Company, divisional and/or individual financial and/or strategic objectives over the year | | |
| | Element | | | | Description | | | | Performance Considerations | | | | Primary Objectives | | |
| | |||||||||||||||
Long-term Stock Incentive Plan | | | | • Performance-based restricted stock • Time-based restricted stock vests 60% after year three, 20% after year four and 20% after year five • Stock options vest 20% per year over five years | | | | • Value of • Performance restricted stock earned awards based on | | | | • Build executive equity ownership to increase alignment of executive and stockholder interests • Attract and retain talent • Correlate our financial performance and stock price and executive compensation | | | ||
| | Retirement and Welfare Benefits | | | | • Medical, dental, vision, life and long-term disability insurance • Nonqualified deferred compensation plan • Defined benefit retirement agreement (for Chief Executive Officer only) | | | | • Not applicable | | | | • Attract and retain talent • Provide competitive compensation • Provide reasonable security to allow executives to perform at their best level | | |
| | Executive Perquisites | | | | • Company-leased vehicle or car allowance • Biennial health physical for executives at Senior Vice President level and above • Relocation benefits on a case-by-case basis • Sabbatical leave program (reinstated during the fourth quarter of 2021 following its suspension due to the COVID-19 pandemic) | | | | • Not applicable | | | | • Attract and retain talent • Provide competitive benefits • Promote health and wellbeing of senior executives | | |
| | BJ’s Restaurants, Inc. | | | | Dave & Buster’s Entertainment, Inc. | | | | Red Robin Gourmet Burgers, Inc. | | |
| | Bloomin’ Brands, Inc. | | | | Denny’s Corporation | | | | Texas Roadhouse, Inc. | | |
| | Brinker International, Inc. | | | | Dine Brands Global, Inc. | | | | The Wendy’s Company | | |
| | Chipotle Mexican Grill, Inc. | | | | Domino’s Pizza, Inc. | | | | Wyndham Hotels & Resorts, Inc. | | |
| | Cracker Barrel Old Country Store, Inc. | | | | Hyatt Hotels Corporation | | | | | | |
| | Darden Restaurants, Inc.(1) | | | | Jack in the Box Inc. | | | | | | |
| | | | | | FY19 Base Salary | | | | % Change | | | ||||||
| | David Overton, Chairman of the Board and Chief Executive Officer | | | | | $ | 995,000 | | | | | | | 0% | | | |
| | David M. Gordon, President, The Cheesecake Factory Incorporated | | | | | $ | 650,000 | | | | | | | 4.0% | | | |
| | Matthew E. Clark, Executive Vice President and Chief Financial Officer | | | | | $ | 510,000 | | | | | | | 4.1% | | | |
| | Scarlett May, Executive Vice President, General Counsel and Secretary | | | | | $ | 490,000 | | | | | | | 3.2% | | | |
| | Keith T. Carango, President, The Cheesecake Factory Bakery Incorporated | | | | | $ | 403,000 | | | | | | | 3.3% | | | |
| | | | | | FY21 Base Salary | | | | % Change | | | ||||||
| | David Overton, Chairman of the Board and Chief Executive Officer | | | | | $ | 995,000 | | | | | | | 0% | | | |
| | David M. Gordon, President, The Cheesecake Factory Incorporated | | | | | $ | 695,000 | | | | | | | 3.0% | | | |
| | Matthew E. Clark, Executive Vice President and Chief Financial Officer | | | | | $ | 551,000 | | | | | | | 3.0% | | | |
| | Scarlett May, Executive Vice President, General Counsel and Secretary | | | | | $ | 525,000 | | | | | | | 2.9% | | | |
| | Keith T. Carango, President, The Cheesecake Factory Bakery Incorporated | | | | | $ | 430,000 | | | | | | | 3.6% | | | |
| | | | | | Performance Incentive Plan Bonus as % of Salary(1) | | | | | | | | Performance Incentive Plan Bonus as % of Salary(1) | | | ||||||||||||||||||||||||||||||||||
| | | | | | Threshold(2) | | | | Target(3) | | | | Maximum(4) | | | | | | | | Threshold(2) | | | | Target(3) | | | | Maximum(4) | | | ||||||||||||||||||
| | David Overton | | | | | | 20.6% | | | | | | | 110% | | | | | | | 192.5% | | | | | David Overton | | | | | | 20.6% | | | | | | | 110% | | | | | | | 151.3% | | | |
| | David M. Gordon | | | | | | 15.0% | | | | | | | 80% | | | | | | | 140.0% | | | | | David M. Gordon | | | | | | 15.0% | | | | | | | 80% | | | | | | | 110.0% | | | |
| | Matthew E. Clark | | | | | | 13.1% | | | | | | | 70% | | | | | | | 122.5% | | | | | Matthew E. Clark | | | | | | 14.1% | | | | | | | 75% | | | | | | | 103.1% | | | |
| | Scarlett May | | | | | | 12.2% | | | | | | | 65% | | | | | | | 113.8% | | | | | Scarlett May | | | | | | 12.2% | | | | | | | 65% | | | | | | | 89.4% | | | |
| | Keith T. Carango | | | | | | 12.2% | | | | | | | 65% | | | | | | | 113.8% | | | | | Keith T. Carango | | | | | | 12.2% | | | | | | | 65% | | | | | | | 89.4% | | | |
| | | | | | | | | Actual | | | | Performance vs. Target | | | |||||||||||||
| | Company-wide adjusted EBITDAR | | | | $ | | | | $ | | | | | | |||||||||||||
| | Company-wide adjusted EBITDAR target—Second half of year (37.5% of award) | | | | $185.4/$247.2M/$284.3M | | | | $228.1M | | | | Below Target | | | ||||||||||||
| | Strategic initiatives (25% of award) | | | ||||||||||||||||||||||||
| | • | | | |
| | | | | | | 100% Completed | | | |||||||
| | • | | | | | | | | | | | 90% Completed | | | |
| | • Technology Infrastructure | | | | Website upgrade, select new ERP solution and | | | | | | | | 100% | ||
Completed | | |
| | | | | | | | | Actual | | | | Performance vs. Target | | | ||
| | Company-wide adjusted EBITDAR | | | | $ | | | | $ | | | | | | ||
| | Company-wide adjusted EBITDAR target—Second half of year (25% of award) | | | | $185.4/$247.2M/$284.3M | | | | $228.1M | | | | Below Target | | | |
| | Bakery division adjusted EBITDAR | | | | $ | | | | $ | | | | | | ||
| | Bakery division adjusted EBITDAR target—Second half of the year (12.5% of award) | | | | $7.358M/$9.811M/$11.283 | | | | $7.374M | | | | Below Target | | | |
| | Bakery strategic objectives (25% of award) | | | |||||||||||||
| | • East Coast Bakery People Strategy | | | | Reduce attrition, Implement new training and compensation strategies. | | | | | | | | | | ||
| | • | |||||||||||||||
| | | | | | | | | | | 100% Completed | | | ||||
| | • | | | | | | | | | | | 100% | ||||
Completed | | |
| | | | | | Target Award | | | | 2019 Bonus Payout | | | | Payout Compared to Target | | | | | | | | Target Award | | | | 2021 Actual Bonus Payout | | | | Actual Payout Compared to Target | | | ||||||||||||||||||
| | David Overton | | | | | $ | 1,094,500 | | | | | | $ | 1,094,500 | | | | | | | 100% | | | | | David Overton | | | | | $ | 1,094,500 | | | | | | $ | 1,234,049 | | | | | | | 112.75% | | | |
| | David Gordon | | | | | $ | 516,923 | | | | | | $ | 516,923 | | | | | | | 100% | | | | | David M. Gordon | | | | | $ | 556,000 | | | | | | $ | 626,890 | | | | | | | 112.75% | | | |
| | Matthew E. Clark | | | | | $ | 354,846 | | | | | | $ | 354,846 | | | | | | | 100% | | | | | Matthew E. Clark | | | | | $ | 413,250 | | | | | | $ | 465,939 | | | | | | | 112.75% | | | |
| | Scarlett May | | | | | $ | 317,000 | | | | | | $ | 317,000 | | | | | | | 100% | | | | | Scarlett May | | | | | $ | 341,250 | | | | | | $ | 384,759 | | | | | | | 112.75% | | | |
| | Keith T. Carango | | | | | $ | 260,650 | | | | | | $ | 254,134 | | | | | | | 97.5% | | | | | Keith T. Carango | | | | | $ | 279,500 | | | | | | $ | 265,888 | | | | | | | 95.13% | | | |
| | Name | | | | Number of Shares Subject to Nonqualified Stock Options(1) | | | | Number of Restricted Stock Awards-Performance Targets(2) | | | | Number of Restricted Stock Awards-Time Based Vesting(3) | | | | Value of Combined Grants (thousands) | | | | Name | | | | Number of Restricted Stock Awards-Performance Targets(1) | | | | Number of Restricted Stock Awards-Time Based Vesting(2) | | | | Value of Combined Grants (thousands) | | | |||||||||||||||||||||
| | David Overton | | | | | | 104,000 | | | | | | | 47,400 | | | | | | | 23,700 | | | | | | $ | 4,363 | | | | | David Overton | | | | | | 43,150 | | | | | | | 50,150 | | | | | | $ | 5,100 | | | |
| | David M. Gordon | | | | | | 23,400 | | | | | | | 10,800 | | | | | | | 5,300 | | | | | | $ | 986 | | | | | David M. Gordon | | | | | | 10,800 | | | | | | | 12,550 | | | | | | $ | 1,276 | | | |
| | Matthew E. Clark | | | | | | 42,900 | | | | | | | 9,800 | | | | | | | — | | | | | | $ | 901 | | | | | Matthew E. Clark | | | | | | 9,800 | | | | | | | 11,400 | | | | | | $ | 1,159 | | | |
| | Scarlett May | | | | | | 11,600 | | | | | | | 5,300 | | | | | | | 2,600 | | | | | | $ | 485 | | | | | Scarlett May | | | | | | 4,850 | | | | | | | 5,650 | | | | | | $ | 574 | | | |
| | Keith Carango | | | | | | 9,200 | | | | | | | 4,300 | | | | | | | 2,100 | | | | | | $ | 391 | | | | | Keith T. Carango | | | | | | 3,950 | | | | | | | 4,600 | | | | | | $ | 467 | | | |
| | Position with Company | | | | Multiple of Salary | | | |||
| | Chief Executive Officer of the Company | | | | | | 6x | | | |
| | President of the Company or of our wholly owned subsidiaries, The Cheesecake Factory Restaurants, Inc. or The Cheesecake Factory Bakery Incorporated | | | | | | 2x | | | |
| | Executive Vice President of the Company | | | | | | 2x | | | |
| Dated: | | | Respectfully submitted, | |
| | | | Alexander L. Cappello, Chairman Edie A. Ames Jerome I. Kransdorf Laurence B. Mindel Herbert Simon | |
| |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Name | | Automobile Program ($)(a) | | ESP Company Match ($)(b) | | Dividends Paid or Accrued on Unvested Restricted Stock ($)(c) | | Life Insurance ($)(d) | | Executive Physical Exam ($)(e) | | Total ($) | | | Automobile Program ($)(a) | | ESP Company Match ($)(b) | | Life Insurance ($)(c) | | Executive Physical Exam ($)(d) | | Total ($) | | ||||||||||||||||||||||||||||||||||||||||||||
Mr. Overton | | | | 20,000 | | | | | — | | | | | 235,116 | | | | | 8,034 | | | | | — | | | | | 263,150 | | | | | | 22,882 | | | | | — | | | | | 8,034 | | | | | — | | | | | 30,916 | | | |||||||||||
Mr. Gordon | | | | 20,000 | | | | | 11,781 | | | | | 53,831 | | | | | 2,967 | | | | | 2,450 | | | | | 91,029 | | | | | | 20,035 | | | | | 6,989 | | | | | 3,225 | | | | | 3,100 | | | | | 33,349 | | | |||||||||||
Mr. Clark | | | | 12,000 | | | | | — | | | | | 40,479 | | | | | 1,214 | | | | | — | | | | | 53,693 | | | | | | 9,010 | | | | | — | | | | | 1,338 | | | | | — | | | | | 10,348 | | | |||||||||||
Ms. May | | | | 12,000 | | | | | 4,877 | | | | | 26,109 | | | | | 1,173 | | | | | — | | | | | 44,159 | | | | | | 13,900 | | | | | 392 | | | | | 2,374 | | | | | — | | | | | 16,666 | | | |||||||||||
Mr. Carango | | | | 14,400 | | | | | — | | | | | 19,113 | | | | | 1,754 | | | | | — | | | | | 35,267 | | | | | | 14,400 | | | | | — | | | | | 2,891 | | | | | — | | | | | 17,291 | | |
| | | | | | | | | | | | | Estimated Future Payouts Under Non-Equity Incentive Plan Awards(1) | | | | Estimated Future Payouts Under Equity Incentive Plan Awards(4) | | | | All Other Stock Awards: Number of Shares of Stock or Units (#)(5) | | | | All Other Option Awards: Number of Securities Underlying Options (#)(6) | | | | Exercise or Base Price of Option Awards ($/Sh) | | | | Grant Date Fair Value of Stock and Option Awards ($)(7) | | | | | | | | | | | | | | | Estimated Future Payouts Under Non-Equity Incentive Plan Awards(1) | | | | Estimated Future Payouts Under Equity Incentive Plan Awards(3) | | | | All Other Stock Awards: Number of Shares of Stock or Units (#)(4) | | | | Grant Date Fair Value of Stock Awards ($)(5) | | | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| | Name | | | | Grant Date | | | | Threshold ($)(2) | | | | Target ($)(3) | | | | Maximum ($) | | | | Threshold (#) | | | | Target (#) | | | | Maximum (#) | | | | Name | | | | Grant Date | | | | Threshold ($) | | | | Target ($)(2) | | | | Maximum ($) | | | | Threshold (#) | | | | Target (#) | | | | Maximum (#) | | | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| | David Overton | | | | | | n/a | | | | | | $ | 205,269 | | | | | | $ | 1,094,500 | | | | | | $ | 1,915,375 | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | David Overton | | | | | | n/a | | | | | | $ | 205,219 | | | | | | $ | 1,094,500 | | | | | | $ | 1,504,938 | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | ||||||
| | | 2/13/2019 | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | 104,000 | | | | | | $ | 46.03 | | | | | | $ | 1,090,506 | | | | | | | 2/10/2021 | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | 50,150 | | | | | | $ | 2,550,629 | | | | |||||||||
| | | 2/13/2019 | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | 23,700 | | | | | | | | | | | | | | | | | | | | $ | 1,090,911 | | | | | | | 4/01/2021 | | | | | | | | | | | | | | | | | | | | | | | | | | | | 25,890 | | | | | | | 43,150 | | | | | | | 64,725 | | | | | | | | | | | | | $ | 2,549,302 | | | | |||||||||
| | | 2/13/2019 | | | | | | | | | | | | | | | | | | | | | | | | | | | | 28,440 | | | | | | | 47,400 | | | | | | | 71,100 | | | | | | | | | | | | | | | | | | | | | | | | | | | $ | 2,181,822 | | | | | David M. Gordon | | | | | | n/a | | | | | | $ | 104,250 | | | | | | $ | 556,000 | | | | | | $ | 764,500 | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |||||
| | David M. Gordon | | | | | | n/a | | | | | | $ | 96,923 | | | | | | $ | 516,923 | | | | | | $ | 904,616 | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | 2/10/2021 | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | 12,550 | | | | | | $ | 638,293 | | | | ||||||||||
| | | 2/13/2019 | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | 23,400 | | | | | | $ | 46.03 | | | | | | $ | 245,364 | | | | | | | 4/01/2021 | | | | | | | | | | | | | | | | | | | | | | | | | | | | 6,480 | | | | | | | 10,800 | | | | | | | 16,200 | | | | | | | | | | | | | $ | 638,064 | | | | |||||||||
| | | 2/13/2019 | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | 5,300 | | | | | | | | | | | | | | | | | | | | $ | 243,959 | | | | | Matthew E. Clark | | | | | | n/a | | | | | | $ | 77,484 | | | | | | $ | 413,250 | | | | | | $ | 568,219 | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |||||
| | | 2/13/2019 | | | | | | | | | | | | | | | | | | | | | | | | | | | | 6,480 | | | | | | | 10,800 | | | | | | | 16,200 | | | | | | | | | | | | | | | | | | | | | | | | | | | $ | 497,124 | | | | | | | 2/10/2021 | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | 11,400 | | | | | | $ | 579,804 | | | | |||||||||
| | Matthew E. Clark | | | | | | n/a | | | | | | $ | 66,559 | | | | | | $ | 354,846 | | | | | | $ | 620,981 | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | 4/01/2021 | | | | | | | | | | | | | | | | | | | | | | | | | | | | 5,880 | | | | | | | 9,800 | | | | | | | 14,700 | | | | | | | | | | | | | $ | 578,984 | | | | ||||||||||
| | | 2/13/2019 | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | 42,900 | | | | | | $ | 46.03 | | | | | | $ | 449,834 | | | | | Scarlett May | | | | | | n/a | | | | | | $ | 63,984 | | | | | | $ | 341,250 | | | | | | $ | 469,219 | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |||||
| | | 2/13/2019 | | | | | | | | | | | | | | | | | | | | | | | | | | | | 5,880 | | | | | | | 9,800 | | | | | | | 14,700 | | | | | | | | | | | | | | | | | | | | | | | | | | | $ | 451,094 | | | | | | | 2/10/2021 | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | 5,650 | | | | | | $ | 287,359 | | | | |||||||||
| | Scarlett May | | | | | | n/a | | | | | | $ | 59,450 | | | | | | $ | 317,000 | | | | | | $ | 554,750 | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | 4/01/2021 | | | | | | | | | | | | | | | | | | | | | | | | | | | | 2,910 | | | | | | | 4,850 | | | | | | | 7,275 | | | | | | | | | | | | | $ | 286,538 | | | | ||||||||||
| | | 2/13/2019 | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | 11,600 | | | | | | $ | 46.03 | | | | | | $ | 121,633 | | | | | Keith T. Carango | | | | | | n/a | | | | | | $ | 52,406 | | | | | | $ | 279,500 | | | | | | $ | 384,313 | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |||||
| | | 2/13/2019 | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | 2,600 | | | | | | | | | | | | | | | | | | | | $ | 119,678 | | | | | | | 2/10/2021 | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | 4,600 | | | | | | $ | 233,956 | | | | |||||||||
| | | 2/13/2019 | | | | | | | | | | | | | | | | | | | | | | | | | | | | 3,180 | | | | | | | 5,300 | | | | | | | 7,950 | | | | | | | | | | | | | | | | | | | | | | | | | | | $ | 243,959 | | | | | | | 4/01/2021 | | | | | | | | | | | | | | | | | | | | | | | | | | | | 2,370 | | | | | | | 3,950 | | | | | | | 5,925 | | | | | | | | | | | | | $ | 233,366 | | | | |||||||||
| | Keith T. Carango | | | | | | n/a | | | | | | $ | 48,882 | | | | | | $ | 260,650 | | | | | | $ | 456,138 | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| | | 2/13/2019 | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | 9,200 | | | | | | $ | 46.03 | | | | | | $ | 96,468 | | | | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| | | 2/13/2019 | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | 2,100 | | | | | | | | | | | | | | | | | | | | $ | 96,663 | | | | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| | | 2/13/2019 | | | | | | | | | | | | | | | | | | | | | | | | | | | | 2,580 | | | | | | | 4,300 | | | | | | | 6,450 | | | | | | | | | | | | | | | | | | | | | | | | | | | $ | 197,929 | | | |
| | | | | | Option Awards | | | | Stock Awards | | | | | | | | Option Awards | | | | Stock Awards | | | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | Restricted Stock | | | | PSU/PSA Awards | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | Restricted Stock | | | | PSU/PSA Awards | | | ||||||||||||||||||||||||||||||||||||||||
| | Name | | | | Number of Securities Underlying Unexercised Options (#) Exercisable | | | | Number of Securities Underlying Unexercised Options (#) Unexercisable(1) | | | | Option Exercise Price ($) | | | | Option Expiration Date | | | | Number of Shares or Units of Stock That Have Not Vested (#)(2) | | | | Market Value of Shares or Units of Stock That have Not Vested ($)(3) | | | | Number of Unearned Shares, Units or Other Rights That Have Not Vested (#)(2) | | | | Market or Payout Value of Unearned Shares, Units or Other Rights That Have Not Vested ($)(3) | | | | Name | | | | Number of Securities Underlying Unexercised Options (#) Exercisable | | | | Number of Securities Underlying Unexercised Options (#) Unexercisable(1) | | | | Option Exercise Price ($) | | | | 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 ($)(3) | | | | Number of Unearned Shares, Units or Other Rights That Have Not Vested (#)(2) | | | | Market or Payout Value of Unearned Shares, Units or Other Rights That Have Not Vested ($)(3) | | | ||||||||||||||||||||||||||||||||||||||||||||||||
| | David Overton(4) | | | | | | 175,000 | | | | | | | — | | | | | | | 35.62 | | | | | | | 3/7/21 | | | | | | | — | | | | | | | — | | | | | | | — | | | | | | | — | | | | | David Overton(4) | | | | | | 135,000 | | | | | | | — | | | | | | | 48.01 | | | | | | | 3/5/23 | | | | | | | — | | | | | | | — | | | | | | | — | | | | | | | — | | | |
| | | 145,000 | | | | | | | — | | | | | | | 48.19 | | | | | | | 3/6/22 | | | | | | | — | | | | | | | — | | | | | | | — | | | | | | | — | | | | | | | 82,000 | | | | | | | — | | | | | | | 50.26 | | | | | | | 3/3/24 | | | | | | | — | | | | | | | — | | | | | | | — | | | | | | | — | | | | |||||||||
| | | 108,000 | | | | | | | 27,000(4a) | | | | | | | 48.01 | | | | | | | 3/5/23 | | | | | | | — | | | | | | | — | | | | | | | — | | | | | | | — | | | | | | | 58,800 | | | | | | | 14,700(4a) | | | | | | | 61.59 | | | | | | | 3/2/25 | | | | | | | — | | | | | | | — | | | | | | | — | | | | | | | — | | | | |||||||||
| | | 49,200 | | | | | | | 32,800(4b) | | | | | | | 50.26 | | | | | | | 3/3/24 | | | | | | | — | | | | | | | — | | | | | | | — | | | | | | | — | | | | | | | 107,580 | | | | | | | 71,720(4b) | | | | | | | 47.06 | | | | | | | 2/15/26 | | | | | | | — | | | | | | | — | | | | | | | — | | | | | | | — | | | | |||||||||
| | | 29,400 | | | | | | | 44,100(4c) | | | | | | | 61.59 | | | | | | | 3/2/25 | | | | | | | — | | | | | | | — | | | | | | | — | | | | | | | — | | | | | | | 41,600 | | | | | | | 62,400(4c) | | | | | | | 46.03 | | | | | | | 2/13/27 | | | | | | | — | | | | | | | — | | | | | | | — | | | | | | | — | | | | |||||||||
| | | 35,860 | | | | | | | 143,440(4d) | | | | | | | 47.06 | | | | | | | 2/15/26 | | | | | | | — | | | | | | | — | | | | | | | — | | | | | | | — | | | | | | | 67,380 | | | | | | | 269,520(4d) | | | | | | | 40.16 | | | | | | | 2/18/30 | | | | | | | — | | | | | | | — | | | | | | | — | | | | | | | — | | | | |||||||||
| | | — | | | | | | | 104,000(4e) | | | | | | | 46.03 | | | | | | | 2/13/27 | | | | | | | — | | | | | | | — | | | | | | | — | | | | | | | — | | | | | | | — | | | | | | | — | | | | | | | — | | | | | | | — | | | | | | | 23,700(9a) | | | | | | $ | 939,942 | | | | | | | — | | | | | | | — | | | | |||||||||
| | | — | | | | | | | — | | | | | | | — | | | | | | | — | | | | | | | 7,000(9a) | | | | | | $ | 272,020 | | | | | | | — | | | | | | | — | | | | | | | — | | | | | | | — | | | | | | | — | | | | | | | — | | | | | | | 47,400(9a) | | | | | | $ | 1,879,884 | | | | | | | — | | | | | | | — | | | | |||||||||
| | | — | | | | | | | — | | | | | | | — | | | | | | | — | | | | | | | 17,500(9b) | | | | | | $ | 680,050 | | | | | | | — | | | | | | | — | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | 56,050(9b) | | | | | | $ | 2,222,943 | | | | |||||||||
| | | — | | | | | | | — | | | | | | | — | | | | | | | — | | | | | | | 43,400(9c) | | | | | | $ | 1,686,524 | | | | | | | — | | | | | | | — | | | | | | | — | | | | | | | — | | | | | | | — | | | | | | | — | | | | | | | 50,150(9c) | | | | | | $ | 1,988,949 | | | | | | | — | | | | | | | — | | | | |||||||||
| | | — | | | | | | | — | | | | | | | — | | | | | | | — | | | | | | | 23,700(9d) | | | | | | $ | 920,982 | | | | | | | 47,400(9d) | | | | | | $ | 1,841,964 | | | | | | | — | | | | | | | — | | | | | | | — | | | | | | | — | | | | | | | — | | | | | | | — | | | | | | | 43,150(9d) | | | | | | $ | 1,711,329 | | | | |||||||||
| | | — | | | | | | | — | | | | | | | — | | | | | | | — | | | | | | | — | | | | | | | — | | | | | | | 44,600(9e) | | | | | | $ | 1,733,156 | | | | | | | — | | | | | | | — | | | | | | | — | | | | | | | — | | | | | | | — | | | | | | | — | | | | | | | — | | | | | | | — | | | | |||||||||
| | David M. Gordon(5) | | | | | | 25,000 | | | | | | | — | | | | | | | 35.62 | | | | | | | 3/7/21 | | | | | | | — | | | | | | | — | | | | | | | — | | | | | | | — | | | | | David M. Gordon(5) | | | | | | 25,500 | | | | | | | — | | | | | | | 48.19 | | | | | | | 3/6/22 | | | | | | | — | | | | | | | — | | | | | | | — | | | | | | | — | | | |
| | | 25,000 | | | | | | | — | | | | | | | 48.19 | | | | | | | 3/6/22 | | | | | | | — | | | | | | | — | | | | | | | — | | | | | | | — | | | | | | | 19,300 | | | | | | | — | | | | | | | 50.26 | | | | | | | 3/3/24 | | | | | | | — | | | | | | | — | | | | | | | — | | | | | | | — | | | | |||||||||
| | | 20,400 | | | | | | | 5,100(5a) | | | | | | | 48.01 | | | | | | | 3/5/23 | | | | | | | — | | | | | | | — | | | | | | | — | | | | | | | — | | | | | | | 13,320 | | | | | | | 3,330(5a) | | | | | | | 61.59 | | | | | | | 3/2/25 | | | | | | | — | | | | | | | — | | | | | | | — | | | | | | | — | | | | |||||||||
| | | 11,580 | | | | | | | 7,720(5b) | | | | | | | 50.26 | | | | | | | 3/3/24 | | | | | | | — | | | | | | | — | | | | | | | — | | | | | | | — | | | | | | | — | | | | | | | 16,600(5b) | | | | | | | 47.06 | | | | | | | 2/15/26 | | | | | | | — | | | | | | | — | | | | | | | — | | | | | | | — | | | | |||||||||
| | | 6,660 | | | | | | | 9,990(5c) | | | | | | | 61.59 | | | | | | | 3/2/25 | | | | | | | — | | | | | | | — | | | | | | | — | | | | | | | — | | | | | | | 9,360 | | | | | | | 14,040(5c) | | | | | | | 46.03 | | | | | | | 2/13/27 | | | | | | | — | | | | | | | — | | | | | | | — | | | | | | | — | | | | |||||||||
| | | 8,300 | | | | | | | 33,200(5d) | | | | | | | 47.06 | | | | | | | 2/15/26 | | | | | | | — | | | | | | | — | | | | | | | — | | | | | | | — | | | | | | | — | | | | | | | 61,040(5d) | | | | | | | 40.16 | | | | | | | 2/18/30 | | | | | | | — | | | | | | | — | | | | | | | — | | | | | | | — | | | | |||||||||
| | | — | | | | | | | 23,400(5e) | | | | | | | 46.03 | | | | | | | 2/13/27 | | | | | | | — | | | | | | | — | | | | | | | — | | | | | | | — | | | | | | | — | | | | | | | — | | | | | | | — | | | | | | | — | | | | | | | 5,300(10a) | | | | | | $ | 210,198 | | | | | | | — | | | | | | | — | | | | |||||||||
| | | — | | | | | | | — | | | | | | | — | | | | | | | — | | | | | | | 1,540(10a) | | | | | | $ | 59,844 | | | | | | | — | | | | | | | — | | | | | | | — | | | | | | | — | | | | | | | — | | | | | | | — | | | | | | | 10,800(10a) | | | | | | $ | 428,328 | | | | | | | — | | | | | | | — | | | | |||||||||
| | | — | | | | | | | — | | | | | | | — | | | | | | | — | | | | | | | 4,026(10b) | | | | | | $ | 156,450 | | | | | | | — | | | | | | | — | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | 12,730(10b) | | | | | | $ | 504,872 | | | | |||||||||
| | | — | | | | | | | — | | | | | | | — | | | | | | | — | | | | | | | 9,800(10c) | | | | | | $ | 380,828 | | | | | | | — | | | | | | | — | | | | | | | — | | | | | | | — | | | | | | | — | | | | | | | — | | | | | | | 12,550(10c) | | | | | | $ | 497,733 | | | | | | | — | | | | | | | — | | | | |||||||||
| | | — | | | | | | | — | | | | | | | — | | | | | | | — | | | | | | | 5,300(10d) | | | | | | $ | 205,958 | | | | | | | 10,800(10d) | | | | | | $ | 419,688 | | | | | | | — | | | | | | | — | | | | | | | — | | | | | | | — | | | | | | | — | | | | | | | — | | | | | | | 10,800(10d) | | | | | | $ | 428,328 | | | | |||||||||
| | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | — | | | | | | | — | | | | | | | 10,400(10e) | | | | | | $ | 404,144 | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | — | | | | | | | — | | | | | | | — | | | | | | | — | | | | |||||||||
| | Matthew E. Clark(6) | | | | | | 5,200 | | | | | | | — | | | | | | | 35.62 | | | | | | | 3/7/21 | | | | | | | — | | | | | | | — | | | | | | | — | | | | | | | — | | | | | Matthew E. Clark(6) | | | | | | 10,000 | | | | | | | — | | | | | | | 48.01 | | | | | | | 3/5/23 | | | | | | | — | | | | | | | — | | | | | | | — | | | | | | | — | | | |
| | | 11,500 | | | | | | | — | | | | | | | 48.19 | | | | | | | 3/6/22 | | | | | | | — | | | | | | | — | | | | | | | — | | | | | | | — | | | | | | | 9,600 | | | | | | | — | | | | | | | 50.26 | | | | | | | 3/3/24 | | | | | | | — | | | | | | | — | | | | | | | — | | | | | | | — | | | | |||||||||
| | | 8,000 | | | | | | | 2,000(6a) | | | | | | | 48.01 | | | | | | | 3/5/23 | | | | | | | — | | | | | | | — | | | | | | | — | | | | | | | — | | | | | | | 6,400 | | | | | | | 1,600(6a) | | | | | | | 61.59 | | | | | | | 3/2/25 | | | | | | | — | | | | | | | — | | | | | | | — | | | | | | | — | | | | |||||||||
| | | 5,760 | | | | | | | 3,840(6b) | | | | | | | 50.26 | | | | | | | 3/3/24 | | | | | | | — | | | | | | | — | | | | | | | — | | | | | | | — | | | | | | | 3,856 | | | | | | | 964(6b) | | | | | | | 57.30 | | | | | | | 6/7/25 | | | | | | | — | | | | | | | — | | | | | | | — | | | | | | | — | | | | |||||||||
| | | 3,200 | | | | | | | 4,800(6c) | | | | | | | 61.59 | | | | | | | 3/2/25 | | | | | | | — | | | | | | | — | | | | | | | — | | | | | | | — | | | | | | | 22,800 | | | | | | | 15,200(6c) | | | | | | | 47.06 | | | | | | | 2/15/26 | | | | | | | — | | | | | | | — | | | | | | | — | | | | | | | — | | | | |||||||||
| | | 1,928 | | | | | | | 2,892(6d) | | | | | | | 57.30 | | | | | | | 6/7/25 | | | | | | | — | | | | | | | — | | | | | | | — | | | | | | | — | | | | | | | 17,160 | | | | | | | 25,740(6d) | | | | | | | 46.03 | | | | | | | 2/13/27 | | | | | | | — | | | | | | | — | | | | | | | — | | | | | | | — | | | | |||||||||
| | | 7,600 | | | | | | | 30,400(6e) | | | | | | | 47.06 | | | | | | | 2/15/26 | | | | | | | — | | | | | | | — | | | | | | | — | | | | | | | — | | | | | | | 13,780 | | | | | | | 55,120(6e) | | | | | | | 40.16 | | | | | | | 2/18/30 | | | | | | | — | | | | | | | — | | | | | | | — | | | | | | | — | | | | |||||||||
| | | — | | | | | | | 42,900(6f) | | | | | | | 46.03 | | | | | | | 2/13/27 | | | | | | | — | | | | | | | — | | | | | | | — | | | | | | | — | | | | | | | — | | | | | | | — | | | | | | | — | | | | | | | — | | | | | | | 890(11a) | | | | | | $ | 35,297 | | | | | | | — | | | | | | | — | | | | |||||||||
| | | — | | | | | | | — | | | | | | | — | | | | | | | — | | | | | | | 1,100(11a) | | | | | | $ | 42,746 | | | | | | | — | | | | | | | — | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | 9,800(11b) | | | | | | $ | 388,668 | | | | | | | | | | | | | | | | | | |||||||||
| | | — | | | | | | | — | | | | | | | — | | | | | | | — | | | | | | | 2,120(11b) | | | | | | $ | 82,383 | | | | | | | — | | | | | | | — | | | | | | | — | | | | | | | — | | | | | | | — | | | | | | | — | | | | | | | 2,490(11c) | | | | | | $ | 98,753 | | | | | | | — | | | | | | | — | | | | |||||||||
| | | — | | | | | | | — | | | | | | | — | | | | | | | — | | | | | | | 4,450(11c) | | | | | | $ | 172,927 | | | | | | | — | | | | | | | — | | | | | | | — | | | | | | | — | | | | | | | — | | | | | | | — | | | | | | | — | | | | | | | — | | | | | | | 11,460(11c) | | | | | | $ | 454,504 | | | | |||||||||
| | | — | | | | | | | — | | | | | | | — | | | | | | | — | | | | | | | 2,850(11d) | | | | | | $ | 110,751 | | | | | | | — | | | | | | | — | | | | | | | — | | | | | | | — | | | | | | | — | | | | | | | — | | | | | | | 11,400(11d) | | | | | | $ | 452,124 | | | | | | | — | | | | | | | — | | | | |||||||||
| | | — | | | | | | | — | | | | | | | — | | | | | | | — | | | | | | | — | | | | | | | — | | | | | | | 9,500(11e) | | | | | | $ | 369,170 | | | | | | | — | | | | | | | — | | | | | | | — | | | | | | | — | | | | | | | — | | | | | | | — | | | | | | | 9,800(11e) | | | | | | $ | 388,668 | | | | |||||||||
| | | — | | | | | | | — | | | | | | | — | | | | | | | — | | | | | | | — | | | | | | | — | | | | | | | 9,800(11f) | | | | | | $ | 380,828 | | | |
| | | | | | Option Awards | | | | Stock Awards | | | | | | | | Option Awards | | | | Stock Awards | | | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | Restricted Stock | | | | PSU/PSA Awards | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | Restricted Stock | | | | PSU/PSA Awards | | | ||||||||||||||||||||||||||||||||||||||||
| | Name | | | | Number of Securities Underlying Unexercised Options (#) Exercisable | | | | Number of Securities Underlying Unexercised Options (#) Unexercisable(1) | | | | Option Exercise Price ($) | | | | Option Expiration Date | | | | Number of Shares or Units of Stock That Have Not Vested (#)(2) | | | | Market Value of Shares or Units of Stock That have Not Vested ($)(3) | | | | Number of Unearned Shares, Units or Other Rights That Have Not Vested (#)(2) | | | | Market or Payout Value of Unearned Shares, Units or Other Rights That Have Not Vested ($)(3) | | | | Name | | | | Number of Securities Underlying Unexercised Options (#) Exercisable | | | | Number of Securities Underlying Unexercised Options (#) Unexercisable(1) | | | | Option Exercise Price ($) | | | | 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 ($)(3) | | | | Number of Unearned Shares, Units or Other Rights That Have Not Vested (#)(2) | | | | Market or Payout Value of Unearned Shares, Units or Other Rights That Have Not Vested ($)(3) | | | ||||||||||||||||||||||||||||||||||||||||||||||||
| | Scarlett May(7) | | | | | | 1,840 | | | | | | | 7,360(7a) | | | | | | | 52.14 | | | | | | | 5/30/26 | | | | | | | — | | | | | | | — | | | | | | | — | | | | | | | — | | | | | Scarlett May(7) | | | | | | 5,520 | | | | | | | 3,680(7a) | | | | | | | 52.14 | | | | | | | 5/30/26 | | | | | | | — | | | | | | | — | | | | | | | — | | | | | | | — | | | |
| | | — | | | | | | | 11,600(7b) | | | | | | | 46.03 | | | | | | | 2/13/27 | | | | | | | — | | | | | | | — | | | | | | | — | | | | | | | — | | | | | | | 4,640 | | | | | | | 6,960(7b) | | | | | | | 46.03 | | | | | | | 2/13/27 | | | | | | | — | | | | | | | — | | | | | | | — | | | | | | | — | | | | |||||||||
| | | — | | | | | | | — | | | | | | | — | | | | | | | — | | | | | | | 2,300(12a) | | | | | | $ | 89,378 | | | | | | | 4,600(12a) | | | | | | $ | 178,756 | | | | | | | 3,760 | | | | | | | 15,040(7c) | | | | | | | 40.16 | | | | | | | 2/18/30 | | | | | | | — | | | | | | | — | | | | | | | — | | | | | | | — | | | | |||||||||
| | | — | | | | | | | — | | | | | | | — | | | | | | | — | | | | | | | 2,600(12b) | | | | | | $ | 101,036 | | | | | | | 5,300(12b) | | | | | | $ | 205,958 | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | 920(12a) | | | | | | | 36,487 | | | | | | | — | | | | | | | — | | | | |||||||||
| | Keith T. Carango(8) | | | | | | 2,000 | | | | | | | — | | | | | | | 35.62 | | | | | | | 3/7/21 | | | | | | | — | | | | | | | — | | | | | | | — | | | | | | | — | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | 2,600(12b) | | | | | | $ | 103,116 | | | | | | | — | | | | | | | — | | | | ||||
| | | 3,200 | | | | | | | — | | | | | | | 48.19 | | | | | | | 3/6/22 | | | | | | | — | | | | | | | — | | | | | | | — | | | | | | | — | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | 5,300(12b) | | | | | | $ | 210,198 | | | | | | | — | | | | | | | — | | | | |||||||||
| | | 2,800 | | | | | | | 1,400(8a) | | | | | | | 48.01 | | | | | | | 3/5/23 | | | | | | | — | | | | | | | — | | | | | | | — | | | | | | | — | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | 3,100(12c) | | | | | | $ | 122,946 | | | | | | | — | | | | | | | — | | | | |||||||||
| | | 2,520 | | | | | | | 2,520(8b) | | | | | | | 50.26 | | | | | | | 3/3/24 | | | | | | | — | | | | | | | — | | | | | | | — | | | | | | | — | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | — | | | | | | | — | | | | | | | 6,230(12c) | | | | | | $ | 247,082 | | | | |||||||||
| | | 2,080 | | | | | | | 3,120(8c) | | | | | | | 61.59 | | | | | | | 3/2/25 | | | | | | | — | | | | | | | — | | | | | | | — | | | | | | | — | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | 5,650(12d) | | | | | | $ | 224,079 | | | | | | | — | | | | | | | — | | | | |||||||||
| | | 1,660 | | | | | | | 6,640(8d) | | | | | | | 47.06 | | | | | | | 2/15/26 | | | | | | | — | | | | | | | — | | | | | | | — | | | | | | | — | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | — | | | | | | | — | | | | | | | 4,850(12e) | | | | | | $ | 192,351 | | | | |||||||||
| | | 600 | | | | | | | 2,400(8e) | | | | | | | 51.74 | | | | | | | 4/5/26 | | | | | | | — | | | | | | | — | | | | | | | — | | | | | | | — | | | | | Keith T. Carango(8) | | | | | | 5,040 | | | | | | | — | | | | | | | 50.26 | | | | | | | 3/3/24 | | | | | | | — | | | | | | | — | | | | | | | — | | | | | | | — | | | | |||||
| | | — | | | | | | | 9,200(8f) | | | | | | | 46.03 | | | | | | | 2/13/27 | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | 4,160 | | | | | | | 1,040(8a) | | | | | | | 61.59 | | | | | | | 3/2/25 | | | | | | | — | | | | | | | — | | | | | | | — | | | | | | | — | | | | |||||||||
| | | — | | | | | | | — | | | | | | | — | | | | | | | — | | | | | | | 4,000(13a) | | | | | | $ | 155,440 | | | | | | | — | | | | | | | — | | | | | | | 4,980 | | | | | | | 3,320(8b) | | | | | | | 47.06 | | | | | | | 2/15/26 | | | | | | | — | | | | | | | — | | | | | | | — | | | | | | | — | | | | |||||||||
| | | — | | | | | | | — | | | | | | | — | | | | | | | — | | | | | | | 1,300(13b) | | | | | | $ | 50,518 | | | | | | | — | | | | | | | — | | | | | | | 1,800 | | | | | | | 1,200(8c) | | | | | | | 51.74 | | | | | | | 4/5/26 | | | | | | | — | | | | | | | — | | | | | | | — | | | | | | | — | | | | |||||||||
| | | — | | | | | | | — | | | | | | | — | | | | | | | — | | | | | | | 2,100(13c) | | | | | | $ | 81,606 | | | | | | | 4,300(13c) | | | | | | $ | 167,098 | | | | | | | 3,680 | | | | | | | 5,520(8d) | | | | | | | 46.03 | | | | | | | 2/13/27 | | | | | | | — | | | | | | | — | | | | | | | — | | | | | | | — | | | | |||||||||
| | | — | | | | | | | — | | | | | | | — | | | | | | | — | | | | | | | 700(13d) | | | | | | $ | 27,202 | | | | | | | — | | | | | | | — | | | | | | | 6,000 | | | | | | | 24,000(8f) | | | | | | | 40.16 | | | | | | | 2/18/30 | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |||||||||
| | | — | | | | | | | — | | | | | | | — | | | | | | | — | | | | | | | 1,400(13e) | | | | | | $ | 54,404 | | | | | | | — | | | | | | | — | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | 590(13a) | | | | | | $ | 23,399 | | | | | | | | | | | | | | | | | | |||||||||
| | | — | | | | | | | — | | | | | | | — | | | | | | | — | | | | | | | 2,950(13f) | | | | | | $ | 114,637 | | | | | | | — | | | | | | | — | | | | | | | — | | | | | | | — | | | | | | | — | | | | | | | — | | | | | | | 1,600(13b) | | | | | | $ | 63,456 | | | | | | | — | | | | | | | — | | | | |||||||||
| | | | — | | | | | | | — | | | | | | | — | | | | | | | — | | | | | | | 520(13c) | | | | | | $ | 20,623 | | | | | | | — | | | | | | | — | | | | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| | | — | | | | | | | — | | | | | | | — | | | | | | | — | | | | | | | 2,100(13d) | | | | | | $ | 83,286 | | | | | | | — | | | | | | | — | | | | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| | | — | | | | | | | — | | | | | | | — | | | | | | | — | | | | | | | 4,300(13d) | | | | | | $ | 170,538 | | | | | | | — | | | | | | | — | | | | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | 5,100(13e) | | | | | | $ | 202,266 | | | | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| | | — | | | | | | | — | | | | | | | — | | | | | | | — | | | | | | | 4,600(13f) | | | | | | $ | 182,436 | | | | | | | — | | | | | | | — | | | | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| | | — | | | | | | | — | | | | | | | — | | | | | | | — | | | | | | | — | | | | | | | — | | | | | | | 3,950(13g) | | | | | | $ | 156,657 | | | | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| | | — | | | | | | | — | | | | | | | — | | | | | | | — | | | | | | | — | | | | | | | — | | | | | | | — | | | | | | | — | | | |
| | | | | | Nonqualified Stock Option Awards | | | | Restricted Stock Awards | | | | | | | | Nonqualified Stock Option Awards | | | | Restricted Stock Awards | | | ||||||||||||||||||||||||||||||||||||||||
| | Name | | | | Number of Shares Acquired on Exercise (#) | | | | Value Realized Upon Exercise ($)(1) | | | | Number of Shares Acquired on Vesting (#) | | | | Value Realized on Vesting ($)(2) | | | | Name | | | | Number of Shares Acquired on Exercise (#) | | | | Value Realized Upon Exercise ($)(1) | | | | Number of Shares Acquired on Vesting (#) | | | | Value Realized on Vesting ($)(2) | | | ||||||||||||||||||||||||
| | David Overton | | | | | | 170,000 | | | | | | $ | 3,118,476 | | | | | | | 40,650 | | | | | | $ | 1,901,635 | | | | | David Overton | | | | | | 320,000 | | | | | | $ | 3,921,462 | | | | | | | 8,750 | | | | | | $ | 508,463 | | | |
| | David M. Gordon | | | | | | 3,700 | | | | | | $ | 50,648 | | | | | | | 9,178 | | | | | | $ | 429,376 | | | | | David M. Gordon | | | | | | 90,660 | | | | | | $ | 1,535,201 | | | | | | | 2,013 | | | | | | $ | 116,975 | | | |
| | Matthew E. Clark | | | | | | — | | | | | | | — | | | | | | | 9,380 | | | | | | $ | 439,024 | | | | | Matthew E. Clark | | | | | | 16,700 | | | | | | $ | 231,903 | | | | | | | 1,950 | | | | | | $ | 111,828 | | | |
| | Scarlett May | | | | | | — | | | | | | | — | | | | | | | — | | | | | | | — | | | | | Scarlett May | | | | | | — | | | | | | | — | | | | | | | 1,380 | | | | | | $ | 81,834 | | | |
| | Keith T. Carango | | | | | | — | | | | | | | — | | | | | | | 3,500 | | | | | | $ | 163,702 | | | | | Keith T. Carango | | | | | | 9,400 | | | | | | $ | 72,929 | | | | | | | 4,470 | | | | | | $ | 239,670 | | | |
| | Name | | | | Plan Name | | | | Number of years of Credited Service (#) | | | | Present Value of Accumulated Benefit ($) | | | | Payments During Last Fiscal Year ($) | | | |||||||||
| | David Overton | | | | Founder’s Retirement Benefit(1) | | | | | | — | | | | | | $ | | | | | | | — | | | |
| | Name | | | | Executive Contributions in Fiscal 2019 $(1) | | | | Company Contributions in Fiscal 2019 $(2) | | | | Aggregate Earnings/(Losses) in Fiscal 2019 $ | | | | Aggregate Withdrawals or Distributions in Fiscal 2019 $ | | | | Aggregate Balance at December 31, 2019 $(3) | | | | Name | | | | Executive Contributions in Fiscal 2021 $(1) | | | | Company Contributions in Fiscal 2021 $(2) | | | | Aggregate Earnings/(Losses) in Fiscal 2021 $ | | | | Aggregate Withdrawals or Distributions in Fiscal 2021 $ | | | | Aggregate Balance at December 31, 2021 $(3) | | | ||||||||||||||||||||||||||||||
| | David Overton | | | | | | — | | | | | | | — | | | | | | | 56,896 | | | | | | | — | | | | | | | 249,718 | | | | | David Overton | | | | | | — | | | | | | | — | | | | | | | 71,333 | | | | | | | — | | | | | | | 360,961 | | | |
| | David M. Gordon | | | | | | 109,090 | | | | | | | 11,781 | | | | | | | 157,125 | | | | | | | — | | | | | | | 1,188,707 | | | | | David M. Gordon | | | | | | 48,863 | | | | | | | 6,980 | | | | | | | 167,497 | | | | | | | — | | | | | | | 1,585,905 | | | |
| | Matthew E. Clark | | | | | | — | | | | | | | — | | | | | | | 48 | | | | | | | — | | | | | | | 2,665 | | | | | Matthew E. Clark | | | | | | — | | | | | | | — | | | | | | | — | | | | | | | — | | | | | | | 2,671 | | | |
| | Scarlett May | | | | | | 19,485 | | | | | | | 4,877 | | | | | | | 3,372 | | | | | | | — | | | | | | | 38,105 | | | | | Scarlett May | | | | | | — | | | | | | | — | | | | | | | 3,043 | | | | | | | 24,451 | | | | | | | 37,831 | | | |
| | Keith T. Carango | | | | | | — | | | | | | | — | | | | | | | — | | | | | | | — | | | | | | | — | | | | | Keith T. Carango | | | | | | — | | | | | | | — | | | | | | | — | | | | | | | — | | | | | | | — | | | |
| | | | | | Change In Control | | | | Qualifying Termination of Employment without Change In Control | | | ||||||||||||||||||||||||||||||||||
| | David Overton | | | | Payout with assumption or continuation of awards(1) ($) | | | | Payout without assumption or continuation of awards ($) | | | | Payout upon termination by Company without Cause, or by Executive due to Constructive Termination ($) | | | | Payout upon Death or Permanent Disability ($) | | | | Payout upon termination by Company without Cause, or by Executive due to Constructive Termination ($) | | | | Payout upon termination with Cause or voluntary termination, including retirement ($) | | | ||||||||||||||||||
| | Cash Severance(6) | | | | | | 0 | | | | | | | 0 | | | | | | | 252,577 | | | | | | | 0 | | | | | | | 252,577 | | | | | | | 0 | | | |
| | Pro-Rata Bonus(7) | | | | | | 0 | | | | | | | 0 | | | | | | | 1,234,049 | | | | | | | 0 | | | | | | | 1,234,049 | | | | | | | 0 | | | |
| | Intrinsic Value of Equity Acceleration | | | | | | 0 | | | | | | | 8,743,047(2) | | | | | | | 7,289,905(3) | | | | | | | 7,289,905(4) | | | | | | | 3,589,627(5) | | | | | | | 0 | | | |
| | Benefits and Other Perquisites(8) | | | | | | 0 | | | | | | | 0 | | | | | | | 5,721 | | | | | | | 0 | | | | | | | 5,721 | | | | | | | 0 | | | |
| | Health & Welfare Benefits(8) | | | | | | 0 | | | | | | | 0 | | | | | | | 6,563 | | | | | | | 0 | | | | | | | 6,563 | | | | | | | 0 | | | |
| | Gross-up on Excise Tax | | | | | | 0 | | | | | | | 0 | | | | | | | 0 | | | | | | | 0 | | | | | | | 0 | | | | | | | 0 | | | |
| | Founder’s Retirement Benefit(9) | | | | | | 0 | | | | | | | 0 | | | | | | | 5,902,000 | | | | | | | 5,902,000 | | | | | | | 5,902,000 | | | | | | | 5,902,000 | | | |
| | Total CEO Benefit | | | | | | 0 | | | | | | | 8,743,047 | | | | | | | 14,690,815 | | | | | | | 13,191,905 | | | | | | | 10,990,537 | | | | | | | 5,902,000 | | | |
| | | | | | Change In Control | | | | Qualifying Termination of Employment without Change In Control | | | ||||||||||||||||||||||||||||||||||
| | David Overton | | | | Payout with assumption or continuation of awards(1) ($) | | | | Payout without assumption or continuation of awards(2) ($) | | | | Payout upon termination due to Constructive Termination(3) ($) | | | | Payout upon Death or Permanent Disability(4) ($) | | | | Payout upon termination by Company without Cause, or by Executive due to Constructive Termination ($) | | | | Payout upon termination with Cause or voluntary termination, including retirement ($) | | | ||||||||||||||||||
| | Cash Severance(5) | | | | | | 0 | | | | | | | 0 | | | | | | | 256,404 | | | | | | | 0 | | | | | | | 256,404 | | | | | | | 0 | | | |
| | Pro-Rata Bonus(6) | | | | | | 0 | | | | | | | 0 | | | | | | | 1,094,500 | | | | | | | 0 | | | | | | | 1,094,500 | | | | | | | 0 | | | |
| | Intrinsic Value of Equity Acceleration(7) | | | | | | 0 | | | | | | | 5,292,732 | | | | | | | 3,341,183 | | | | | | | 3,341,183 | | | | | | | 3,341,183 | | | | | | | 0 | | | |
| | Benefits and Other Perquisites(8) | | | | | | 0 | | | | | | | 0 | | | | | | | 5,000 | | | | | | | 0 | | | | | | | 5,000 | | | | | | | 0 | | | |
| | Health & Welfare Benefits(8) | | | | | | 0 | | | | | | | 0 | | | | | | | 4,379 | | | | | | | 0 | | | | | | | 4,379 | | | | | | | 0 | | | |
| | Gross-up on Excise Tax | | | | | | 0 | | | | | | | 0 | | | | | | | 0 | | | | | | | 0 | | | | | | | 0 | | | | | | | 0 | | | |
| | Founder’s Retirement Benefit(9) | | | | | | 0 | | | | | | | 0 | | | | | | | 6,252,000 | | | | | | | 6,252,000 | | | | | | | 6,252,000 | | | | | | | 6,252,000 | | | |
| | Total CEO Benefit | | | | | | 0 | | | | | | | 5,292,732 | | | | | | | 10,953,466 | | | | | | | 9,593,183 | | | | | | | 10,953,466 | | | | | | | 6,252,000 | | | |
| | | | | | Change In Control | | | | Termination without Change In Control | | | | | | | | Change In Control | | | | Termination without Change In Control | | | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| | | | | | Payout with assumption or continuation of awards(1) ($) | | | | Payout without assumption or continuation of awards(2) ($) | | | | Payout upon Constructive Termination by Executive within 18 months(3) ($) | | | | Payout upon permanent disability ($) | | | | Payout upon death ($) | | | | Payout upon termination by Company without Cause, or by Executive as a result of Constructive Termination ($) | | | | Payout upon termination with Cause or voluntary termination, including retirement ($) | | | | | | | | Payout with assumption or continuation of awards(1) ($) | | | | Payout without assumption or continuation of awards(2) ($) | | | | Payout upon termination by Company without Cause, or Constructive Termination by Executive within 18 months ($) | | | | Payout upon permanent disability ($) | | | | Payout upon death ($) | | | | Payout upon termination by Company without Cause, or by Executive as a result of Constructive Termination ($) | | | | Payout upon termination with Cause or voluntary termination, including retirement ($) | | | ||||||||||||||||||||||||||||||||||||||||||
| | David M. Gordon | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | David M. Gordon | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
| | Cash Severance(5) | | | | | | 0 | | | | | | | 0 | | | | | | | 650,000 | | | | | | | 650,000 | | | | | | | 650,000 | | | | | | | 650,000 | | | | | | | 0 | | | | | Cash Severance(5) | | | | | | 0 | | | | | | | 0 | | | | | | | 695,000 | | | | | | | 695,000 | | | | | | | 695,000 | | | | | | | 695,000 | | | | | | | 0 | | | |
| | Pro-Rata Bonus(6) | | | | | | 0 | | | | | | | 0 | | | | | | | 516,923 | | | | | | | 516,923 | | | | | | | 516,923 | | | | | | | 516,923 | | | | | | | 0 | | | | | Pro-Rata Bonus(6) | | | | | | 0 | | | | | | | 0 | | | | | | | 626,890 | | | | | | | 626,890 | | | | | | | 626,890 | | | | | | | 626,890 | | | | | | | 0 | | | |
| | Intrinsic Value of Equity Acceleration(7) | | | | | | 0 | | | | | | | 1,436,499 | | | | | | | 611,112 | | | | | | | 611,112(4) | | | | | | | 611,112(4) | | | | | | | 611,112 | | | | | | | 0 | | | | | Intrinsic Value of Equity Acceleration(7) | | | | | | 0 | | | | | | | 2,069,459 | | | | | | | 1,739,805(3) | | | | | | | 1,739,805(4) | | | | | | | 1,739,805(4) | | | | | | | 813,744(4) | | | | | | | 0 | | | |
| | Health & Welfare Benefits(8) | | | | | | 0 | | | | | | | 0 | | | | | | | 33,877 | | | | | | | 33,877 | | | | | | | 33,877 | | | | | | | 33,877 | | | | | | | 0 | | | | | Health & Welfare Benefits(8) | | | | | | 0 | | | | | | | 0 | | | | | | | 17,827 | | | | | | | 17,827 | | | | | | | 17,827 | | | | | | | 17,827 | | | | | | | 0 | | | |
| | Gross-up on Excise Tax | | | | | | 0 | | | | | | | 0 | | | | | | | 0 | | | | | | | 0 | | | | | | | 0 | | | | | | | 0 | | | | | | | 0 | | | | | Gross-up on Excise Tax | | | | | | 0 | | | | | | | 0 | | | | | | | 0 | | | | | | | 0 | | | | | | | 0 | | | | | | | 0 | | | | | | | 0 | | | |
| | David M. Gordon Total | | | | | | 0 | | | | | | | 1,436,499 | | | | | | | 1,811,912 | | | | | | | 1,811,912 | | | | | | | 1,811,912 | | | | | | | 1,811,912 | | | | | | | 0 | | | | | David M. Gordon Total | | | | | | 0 | | | | | | | 2,069,459 | | | | | | | 3,079,522 | | | | | | | 3,079,522 | | | | | | | 3,079,522 | | | | | | | 2,153,461 | | | | | | | 0 | | | |
| | Matthew E. Clark | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | Matthew E. Clark | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
| | Cash Severance(5) | | | | | | 0 | | | | | | | 0 | | | | | | | 510,000 | | | | | | | 510,000 | | | | | | | 510,000 | | | | | | | 510,000 | | | | | | | 0 | | | | | Cash Severance(5) | | | | | | 0 | | | | | | | 0 | | | | | | | 551,000 | | | | | | | 551,000 | | | | | | | 551,000 | | | | | | | 551,000 | | | | | | | 0 | | | |
| | Pro-Rata Bonus(6) | | | | | | 0 | | | | | | | 0 | | | | | | | 354,846 | | | | | | | 354,846 | | | | | | | 354,846 | | | | | | | 354,846 | | | | | | | 0 | | | | | Pro-Rata Bonus(6) | | | | | | 0 | | | | | | | 0 | | | | | | | 465,939 | | | | | | | 465,939 | | | | | | | 465,939 | | | | | | | 465,939 | | | | | | | 0 | | | |
| | Intrinsic Value of Equity Acceleration(7) | | | | | | 0 | | | | | | | 1,103,430 | | | | | | | 529,273 | | | | | | | 529,273(4) | | | | | | | 529,273(4) | | | | | | | 529,273 | | | | | | | 0 | | | | | Intrinsic Value of Equity Acceleration(7) | | | | | | 0 | | | | | | | 1,818,014 | | | | | | | 1,518,978(3) | | | | | | | 1,518,978(4) | | | | | | | 1,518,978(4) | | | | | | | 678,186(4) | | | | | | | 0 | | | |
| | Health & Welfare Benefits(8) | | | | | | 0 | | | | | | | 0 | | | | | | | 15,815 | | | | | | | 15,815 | | | | | | | 15,815 | | | | | | | 15,815 | | | | | | | 0 | | | | | Health & Welfare Benefits(8) | | | | | | 0 | | | | | | | 0 | | | | | | | 17,827 | | | | | | | 17,827 | | | | | | | 17,827 | | | | | | | 17,827 | | | | | | | 0 | | | |
| | Gross-up on Excise Tax | | | | | | 0 | | | | | | | 0 | | | | | | | 0 | | | | | | | 0 | | | | | | | 0 | | | | | | | 0 | | | | | | | 0 | | | | | Gross-up on Excise Tax | | | | | | 0 | | | | | | | 0 | | | | | | | 0 | | | | | | | 0 | | | | | | | 0 | | | | | | | 0 | | | | | | | 0 | | | |
| | Matthew E. Clark Total | | | | | | 0 | | | | | | | 1,103,430 | | | | | | | 1,409,934 | | | | | | | 1,409,934 | | | | | | | 1,409,934 | | | | | | | 1,409,934 | | | | | | | 0 | | | | | Matthew E. Clark Total | | | | | | 0 | | | | | | | 1,818,014 | | | | | | | 2,553,744 | | | | | | | 2,553,744 | | | | | | | 2,553,744 | | | | | | | 1,712,952 | | | | | | | 0 | | | |
| | Scarlett May | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | Scarlett May | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
| | Cash Severance(5) | | | | | | 0 | | | | | | | 0 | | | | | | | 490,000 | | | | | | | 490,000 | | | | | | | 490,000 | | | | | | | 490,000 | | | | | | | 0 | | | | | Cash Severance(5) | | | | | | 0 | | | | | | | 0 | | | | | | | 525,000 | | | | | | | 525,000 | | | | | | | 525,000 | | | | | | | 525,000 | | | | | | | 0 | | | |
| | Pro-Rata Bonus(6) | | | | | | 0 | | | | | | | 0 | | | | | | | 317,000 | | | | | | | 317,000 | | | | | | | 317,000 | | | | | | | 317,000 | | | | | | | 0 | | | | | Pro-Rata Bonus(6) | | | | | | 0 | | | | | | | 0 | | | | | | | 384,759 | | | | | | | 384,759 | | | | | | | 384,759 | | | | | | | 384,759 | | | | | | | 0 | | | |
| | Intrinsic Value of Equity Acceleration(7) | | | | | | 0 | | | | | | | 575,128 | | | | | | | 160,880 | | | | | | | 160,880(4) | | | | | | | 160,880(4) | | | | | | | 160,880 | | | | | | | 0 | | | | | Intrinsic Value of Equity Acceleration(7) | | | | | | 0 | | | | | | | 1,136,259 | | | | | | | 925,585(3) | | | | | | | 925,585(4) | | | | | | | 925,585(4) | | | | | | | 509,155(4) | | | | | | | 0 | | | |
| | Health & Welfare Benefits(8) | | | | | | 0 | | | | | | | 0 | | | | | | | 21,537 | | | | | | | 21,537 | | | | | | | 21,537 | | | | | | | 21,537 | | | | | | | 0 | | | | | Health & Welfare Benefits(8) | | | | | | 0 | | | | | | | 0 | | | | | | | 27,250 | | | | | | | 27,250 | | | | | | | 27,250 | | | | | | | 27,250 | | | | | | | 0 | | | |
| | Gross-up on Excise Tax | | | | | | 0 | | | | | | | 0 | | | | | | | 0 | | | | | | | 0 | | | | | | | 0 | | | | | | | 0 | | | | | | | 0 | | | | | Gross-up on Excise Tax | | | | | | 0 | | | | | | | 0 | | | | | | | 0 | | | | | | | 0 | | | | | | | 0 | | | | | | | 0 | | | | | | | 0 | | | |
| | Scarlett May Total | | | | | | 0 | | | | | | | 575,128 | | | | | | | 989,417 | | | | | | | 989,417 | | | | | | | 989,417 | | | | | | | 989,417 | | | | | | | 0 | | | | | Scarlett May Total | | | | | | 0 | | | | | | | 1,136,259 | | | | | | | 1,862,594 | | | | | | | 1,862,594 | | | | | | | 1,862,594 | | | | | | | 1,446,164 | | | | | | | 0 | | | |
| | Keith T. Carango | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | Keith T. Carango | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
| | Cash Severance(5) | | | | | | 0 | | | | | | | 0 | | | | | | | 403,000 | | | | | | | 403,000 | | | | | | | 403,000 | | | | | | | 403,000 | | | | | | | 0 | | | | | Cash Severance(5) | | | | | | 0 | | | | | | | 0 | | | | | | | 430,000 | | | | | | | 430,000 | | | | | | | 430,000 | | | | | | | 430,000 | | | | | | | 0 | | | |
| | Pro-Rata Bonus(6) | | | | | | 0 | | | | | | | 0 | | | | | | | 254,134 | | | | | | | 254,134 | | | | | | | 254,134 | | | | | | | 254,134 | | | | | | | 0 | | | | | Pro-Rata Bonus(6) | | | | | | 0 | | | | | | | 0 | | | | | | | 265,888 | | | | | | | 265,888 | | | | | | | 265,888 | | | | | | | 265,888 | | | | | | | 0 | | | |
| | Intrinsic Value of Equity Acceleration(7) | | | | | | 0 | | | | | | | 650,905 | | | | | | | 296,890 | | | | | | | 296,890(4) | | | | | | | 296,890(4) | | | | | | | 296,890 | | | | | | | 0 | | | | | Intrinsic Value of Equity Acceleration(7) | | | | | | 0 | | | | | | | 902,662 | | | | | | | 770,990(3) | | | | | | | 770,990(4) | | | | | | | 770,990(4) | | | | | | | 431,897(4) | | | | | | | 0 | | | |
| | Health & Welfare Benefits(8) | | | | | | 0 | | | | | | | 0 | | | | | | | 34,950 | | | | | | | 34,950 | | | | | | | 34,950 | | | | | | | 34,950 | | | | | | | 0 | | | | | Health & Welfare Benefits(8) | | | | | | 0 | | | | | | | 0 | | | | | | | 52,406 | | | | | | | 52,406 | | | | | | | 52,406 | | | | | | | 52,406 | | | | | | | 0 | | | |
| | Gross-up on Excise Tax | | | | | | 0 | | | | | | | 0 | | | | | | | 0 | | | | | | | 0 | | | | | | | 0 | | | | | | | 0 | | | | | | | 0 | | | | | Gross-up on Excise Tax | | | | | | 0 | | | | | | | 0 | | | | | | | 0 | | | | | | | 0 | | | | | | | 0 | | | | | | | 0 | | | | | | | 0 | | | |
| | Keith T. Carango Total | | | | | | 0 | | | | | | | 650,905 | | | | | | | 988,974 | | | | | | | 988,974 | | | | | | | 988,974 | | | | | | | 988,974 | | | | | | | 0 | | | | | Keith T. Carango Total | | | | | | 0 | | | | | | | 902,662 | | | | | | | 1,519,284 | | | | | | | 1,519,284 | | | | | | | 1,519,284 | | | | | | | 1,180,191 | | | | | | | 0 | | | |
| | Total Payments (including those for Mr. Overton (see CEO Table above)) | | | | | | 0 | | | | | | | 9,058,694 | | | | | | | 16,153,703 | | | | | | | 14,793,420 | | | | | | | 14,793,420 | | | | | | | 16,153,703 | | | | | | | 6,252,000 | | | | | Total Payments (including those for Mr. Overton (see CEO Table above)) | | | | | | 0 | | | | | | | 14,669,441 | | | | | | | 23,705,959 | | | | | | | 22,207,049 | | | | | | | 22,207,049 | | | | | | | 17,483,305 | | | | | | | 5,902,000 | | | |
| Dated: | | | Respectfully submitted, | |
| | | | David B. Pittaway, Chair Alexander L. Cappello | |
Name and Address of Beneficial Owner(1) | | | Amount and Nature of Beneficial Ownership(2) | | | Percentage of Total Outstanding(3) | | ||||||
BlackRock, Inc.(4) | | | | | 4,916,780 | | | | | | 10.8% | | |
Wellington Management Group LLP(5) | | | | | 4,016,804 | | | | | | 8.8% | | |
The Vanguard Group, Inc.(6) | | | | | 3,993,102 | | | | | | 8.8% | | |
Macquarie Group Limited(7) | | | | | 2,545,990 | | | | | | 5.6% | | |
Kayne Anderson Rudnick Investment Management, LLC(8) | | | | | 2,365,151 | | | | | | 5.2% | | |
Named Executive Officers, Directors and Director nominees: | | | | | | | | | | | | | |
David Overton(9) | | | | | 3,562,016 | | | | | | 7.7% | | |
Edie A. Ames(10) | | | | | 5,940 | | | | | | * | | |
Alexander L. Cappello(11) | | | | | 5,094 | | | | | | * | | |
Jerome I. Kransdorf(12) | | | | | 13,750 | | | | | | * | | |
Laurence B. Mindel(13) | | | | | 12,500 | | | | | | * | | |
Janice L. Meyer(14) | | | | | — | | | | | | * | | |
David B. Pittaway(15) | | | | | 13,122 | | | | | | * | | |
Herbert Simon(16) | | | | | 195,000 | | | | | | * | | |
David M. Gordon(17) | | | | | 151,949 | | | | | | * | | |
Matthew E. Clark(18) | | | | | 80,473 | | | | | | * | | |
Scarlett May(19) | | | | | 14,000 | | | | | | * | | |
Keith T. Carango(20) | | | | | 47,555 | | | | | | * | | |
All executive officers and directors as a group (12 persons)(21) | | | | | 4,101,399 | | | | | | 8.9% | | |
Name and Address of Beneficial Owner(1) | | | Amount and Nature of Beneficial Ownership(2) | | | Percentage of Total Outstanding(3) | | ||||||
BlackRock, Inc.(4) | | | | | 8,023,313 | | | | | | 15.2% | | |
The Vanguard Group, Inc.(5) | | | | | 5,280,503 | | | | | | 10.0% | | |
Kayne Anderson Rudnick Investment Management, LLC(6) | | | | | 4,277,829 | | | | | | 8.1% | | |
Named Executive Officers, Directors and Director nominees: | | | | | | | | | | | | | |
David Overton(7) | | | | | 3,648,269 | | | | | | 6.9% | | |
Edie A. Ames(8) | | | | | 8,500 | | | | | | * | | |
Alexander L. Cappello(9) | | | | | 5,894 | | | | | | * | | |
Paul D. Ginsberg(10) | | | | | — | | | | | | — | | |
Jerome I. Kransdorf(11) | | | | | 13,750 | | | | | | * | | |
Laurence B. Mindel(12) | | | | | 12,500 | | | | | | * | | |
Janice L. Meyer(13) | | | | | 7,241 | | | | | | * | | |
David B. Pittaway(14) | | | | | 15,101 | | | | | | * | | |
Herbert Simon(15) | | | | | 195,000 | | | | | | * | | |
Khanh Collins(16) | | | | | 1,168 | | | | | | * | | |
David M. Gordon(17) | | | | | 118,860 | | | | | | * | | |
Matthew E. Clark(18) | | | | | 162,822 | | | | | | * | | |
Scarlett May(19) | | | | | 44,126 | | | | | | * | | |
Keith T. Carango(20) | | | | | 73,197 | | | | | | * | | |
All executive officers and directors as a group (14 persons)(21) | | | | | 4,306,428 | | | | | | 8.2% | | |
| | Number of Securities to be Issued Upon Exercise of Outstanding Options, Warrants and Rights | | Weighted Average Exercise Price of Outstanding Options ($) | | Number of Securities Remaining Available for Future Issuance Under Equity Compensation Plans(1) | | | Number of Securities to be Issued Upon Exercise of Outstanding Options, Warrants and Rights | | Weighted Average Exercise Price of Outstanding Options ($) | | Number of Securities Remaining Available for Future Issuance Under Equity Compensation Plans(1) | | ||||||||||||||||||||||||
Equity compensation plans approved by stockholders | | | | 2,298,083(2) | | | | | 47.32(3) | | | | | 6,540,969 | | | | | | 1,021,705(2) | | | | | 46.14 | | | | | 4,027,232 | | | ||||||
Equity compensation plans not approved by stockholders | | | | — | | | | | — | | | | | — | | | | | | — | | | | | — | | | | | — | | | ||||||
Total | | | | 2,298,083 | | | | | 47.32 | | | | | 6,540,969 | | | | | | 1,021,705 | | | | | 46.14 | | | | | 4,027,232 | | |
| | YOUR VOTE IS VERY IMPORTANT | | | |||
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| | Voting online or by telephone is fast, convenient and your vote is immediately confirmed and posted. To vote online or by telephone, first read the accompanying Proxy Statement and then follow the instructions below: | | | |||
| | VOTE ONLINE | | | VOTE BY TELEPHONE | | |
| | 1. Go to www.proxyvote.com. | | | 1. Using a touch-tone telephone, call 1-800-690-6903. | | |
| | 2. Follow the step-by-step instructions provided. | | | 2. Follow the step-by-step instructions provided. | | |
| | IF YOU PLAN TO ATTEND THE | | | |||
| | We will be hosting our Annual Meeting via live webcast only. Any stockholder can attend the Annual Meeting live online at www.virtualshareholdermeeting.com/ | | |
| | | Fiscal Year 2019 | | |||
Income from operations | | | | $ | 103,598 | | |
Impairment of assets and lease terminations | | | | | 18,247 | | |
Acquisition-related costs | | | | | 5,270 | | |
Acquisition-related contingent consideration, compensation and amortization expenses | | | | | 1,033 | | |
Adjusted income from operations | | | | $ | 128,148 | | |
Income from operations | | | | $ | 103,598 | | |
Depreciation and amortization expenses | | | | | 88,133 | | |
Rent | | | | | 179,105 | | |
EBITDAR | | | | | 370,836 | | |
Impairment of assets and lease terminations | | | | | 18,247 | | |
Equity compensation expenses | | | | | 19,373 | | |
Other | | | | | (1,508) | | |
Adjusted EBITDAR | | | | $ | 406,948 | | |
|
| | | Fiscal Year | | |||||||||||||||
| | | 2019 | | | 2018 | | | 2017 | | |||||||||
Net income | | | | $ | 127,293 | | | | | $ | 99,035 | | | | | $ | 157,392 | | |
Impairment of assets and lease terminations | | | | | 18,247 | | | | | | 17,861 | | | | | | 10,343 | | |
Loss on investment in unconsolidated affiliates | | | | | 13,439 | | | | | | 4,754 | | | | | | 479 | | |
Gain on investment in unconsolidated affiliates | | | | | (52,672) | | | | | | — | | | | | | — | | |
Acquisition-related costs | | | | | 5,270 | | | | | | — | | | | | | — | | |
Acquisition-related contingent consideration, compensation and amortization expenses | | | | | 1,033 | | | | | | — | | | | | | — | | |
Tax effect of adjustments | | | | | 3,818 | | | | | | (5,880) | | | | | | (4,329) | | |
One-time tax benefit items | | | | | — | | | | | | — | | | | | | (38,525) | | |
Adjusted net income | | | | $ | 116,428 | | | | | $ | 115,770 | | | | | $ | 125,360 | | |
Diluted net income per share | | | | $ | 2.86 | | | | | $ | 2.14 | | | | | $ | 3.27 | | |
Impairment of assets and lease terminations | | | | | 0.41 | | | | | | 0.39 | | | | | | 0.21 | | |
Loss on investment in unconsolidated affiliates | | | | | 0.30 | | | | | | 0.10 | | | | | | 0.01 | | |
Gain on investment in unconsolidated affiliates | | | | | (1.18) | | | | | | — | | | | | | — | | |
Acquisition-related costs | | | | | 0.12 | | | | | | — | | | | | | — | | |
Acquisition-related contingent consideration, compensation and amortization expenses | | | | | 0.02 | | | | | | — | | | | | | — | | |
Tax effect of adjustments | | | | | 0.09 | | | | | | (0.13) | | | | | | (0.09) | | |
One-time tax benefit items | | | | | — | | | | | | — | | | | | | (0.80) | | |
Adjusted diluted net income per share(1) | | | | $ | 2.61 | | | | | $ | 2.51 | | | | | $ | 2.60 | | |
| | | Fiscal Year 2021 | | |||
Income from operations | | | | $ | 82,318 | | |
Depreciation and amortization expenses | | | | | 89,654 | | |
Rent | | | | | 206,026 | | |
EBITDAR | | | | | 377,998 | | |
COVID-19 related costs | | | | | 3,961 | | |
Impairment of assets and lease terminations | | | | | 18,139 | | |
Equity compensation expenses | | | | | 22,987 | | |
Other | | | | | 27,264 | | |
Adjusted EBITDAR | | | | $ | 450,349 | | |
| | | Fiscal Year | | |||||||||||||||
| | | 2021 | | | 2020 | | | 2019 | | |||||||||
Net income/(loss) available to common stockholders | | | | $ | 49,131 | | | | | $ | (277,107) | | | | | $ | 127,293 | | |
Dividends on Series A preferred stock | | | | | 18,661 | | | | | | 13,485 | | | | | | — | | |
Direct and incremental Series A preferred stock issuance costs | | | | | — | | | | | | 10,257 | | | | | | — | | |
Net income attributed to Series A preferred stock to apply if-converted method | | | | | 4,581 | | | | | | — | | | | | | — | | |
COVID-19 related costs | | | | | 4,917 | | | | | | 22,963 | | | | | | — | | |
Impairment of assets and lease termination expenses | | | | | 18,139 | | | | | | 219,333 | | | | | | 18,247 | | |
Acquisition-related costs | | | | | — | | | | | | 2,699 | | | | | | 5,270 | | |
Acquisition-related contingent consideration, compensation and amortization expense/(benefit) | | | | | 19,510 | | | | | | (3,872) | | | | | | 1,033 | | |
Termination of interest rate swap | | | | | 2,354 | | | | | | — | | | | | | — | | |
Uncertain tax positions | | | | | 7,139 | | | | | | — | | | | | | — | | |
Gain on investments in unconsolidated affiliates | | | | | — | | | | | | — | | | | | | (39,233) | | |
Tax effect of adjustments | | | | | (11,679) | | | | | | (62,692) | | | | | | 3,818 | | |
Adjusted net income/(loss) | | | | $ | 112,753 | | | | | $ | (74,934) | | | | | $ | 116,428 | | |
Diluted net income/(loss) per common share | | | | $ | 1.01 | | | | | $ | (6.32) | | | | | $ | 2.86 | | |
Dividends on Series A preferred stock | | | | | 0.35 | | | | | | 0.27 | | | | | | — | | |
Direct and incremental Series A preferred stock issuance costs | | | | | — | | | | | | 0.20 | | | | | | — | | |
Net income attributable to Series A preferred stock to apply if-converted method | | | | | 0.09 | | | | | | — | | | | | | — | | |
Assumed impact of potential conversion of Series A preferred stock into common stock(1) | | | | | (0.08) | | | | | | 0.80 | | | | | | — | | |
COVID-19 related costs | | | | | 0.09 | | | | | | 0.46 | | | | | | — | | |
Impairment of assets and lease termination expenses | | | | | 0.34 | | | | | | 4.36 | | | | | | 0.41 | | |
Acquisition-related costs | | | | | — | | | | | | 0.05 | | | | | | 0.12 | | |
Acquisition-related contingent consideration, compensation and amortization expense/(benefit) | | | | | 0.37 | | | | | | (0.08) | | | | | | 0.02 | | |
Termination of interest rate swap | | | | | 0.04 | | | | | | — | | | | | | — | | |
Uncertain tax positions | | | | | 0.13 | | | | | | — | | | | | | — | | |
Gain on investments in unconsolidated affiliates | | | | | — | | | | | | — | | | | | | (0.88) | | |
Tax effect of adjustments | | | | | (0.22) | | | | | | (1.25) | | | | | | 0.09 | | �� |
Adjusted net income/(loss) per share(2) | | | | $ | 2.13 | | | | | $ | (1.49) | | | | | $ | 2.61 | | |
| Executed on this day of , 2022. | | | The Cheesecake Factory Incorporated | |