| Sincerely, | | |||
| | | | ||
| Mikel H. Williams Chairman of the Board | | | President and Chief Executive Officer | |
| Time and Date: | | | 10:00 a.m., Eastern Daylight Time, | |
| Place: | | | Online via live webcast. Stockholders may only participate online by logging in at www.virtualshareholdermeeting.com/ | |
| Record Date: | | | April | |
| Voting: | | | Holders of our Class A common stock as of the record date are entitled to vote. Each share of Class A common stock is entitled to one vote for each director nominee and one vote for each of the other proposals to be voted on. | |
| | | | Board Vote Recommendation | |
| Election of seven directors | | | For | |
all the director nominees | | ||||
| Management proposals | | | | |
| |||||
| Advisory vote to approve the Company’s executive compensation | | | For | |
| |||||
Ratification of Deloitte & Touche LLP as auditor for | | | For | | |
| Transact other business that properly comes before the meeting | | | | |
Name | | Age | | Director Since | | Principal Occupation | | Independent | | EC | | AFC(1) | | CNGC | | TCRC | | | Age | | Director Since | | Principal Occupation | | Independent | | EC | | AFC | | CNGC | | TCRC | | ||||||||||||||||
Mikel H. Williams | | 66 | | 2013 | | Chief Executive Officer, Targus International LLC | | X | | X | | X | | | | | | | 67 | | 2013 | | Chief Executive Officer, Targus International LLC | | X | | X | | X | | | | | | ||||||||||||||||
Kirkland H. Donald | | 69 | | 2021 | | Chairman, HII, Inc. | | X | | | | X | | | | X | | | 70 | | 2021 | | Chairman, HII, Inc. | | X | | | | X | | X | | X | | ||||||||||||||||
Tina W. Jonas | | 63 | | 2020 | | Private Investor | | X | | X | | X | | X | | | | | 64 | | 2020 | | Private Investor | | X | | X | | X | | X | | | | ||||||||||||||||
William J. Madia | | 75 | | 2008 | | Vice President emeritus, Stanford University | | | | X | | | | | | X | | | 76 | | 2008 | | Vice President emeritus, Stanford University | | | | X | | | | | | X | | ||||||||||||||||
Daniel B. Poneman | | 67 | | 2015 | | President and Chief Executive Officer | | | | X | | | | | | | | |||||||||||||||||||||||||||||||||
Amir V. Vexler | | 51 | | 2024 | | President and Chief Executive Officer, Centrus | | | | X | | | | | | | | |||||||||||||||||||||||||||||||||
Bradley J. Sawatzke | | 64 | | 2021 | | Retired Chief Executive Officer, Energy Northwest | | X | | | | | | X | | X | | | 65 | | 2021 | | Retired Chief Executive Officer, Energy Northwest | | X | | | | | | X | | X | | ||||||||||||||||
Neil S. Subin | | 59 | | 2017 | | Chief Investment Officer, MILFAM | | X | | | | | | X | | | | |||||||||||||||||||||||||||||||||
Ray A. Rothrock | | 69 | | Nominee | | Professional Venture Investor and Director | | X | | | | | | | | | |
| EC: | | | Executive Committee | |
| AFC: | | | Audit and Finance Committee | |
| CNGC: | | | Compensation, Nominating and Governance Committee | |
| TCRC: | | | Technology, Competition and Regulatory Committee | |
| | | | | 2 | | | |
| | | | | | | ||
| | | | | | | ||
| | | | | | | ||
| | | | | | | ||
| | | | | | | ||
| | | | | | | ||
| | | | | | | ||
| | | | | | | ||
| | | | | | | ||
| | | | | | | ||
| | | | | | | ||
| | | | | | | ||
| | | | | | | ||
| | | | | | | ||
| | | | | | | ||
| | | | | | | ||
| | | | | | | ||
| | | | | | | ||
| | | | | | | ||
| | | | | | | ||
| | | | | | | ||
| | | | | | | ||
| | | | | | | ||
| | | | | | | ||
| | | | | | | ||
| | | | | | | ||
| | | | | | | ||
| | | | | | | ||
| | | | | | | ||
| | | | | | | ||
| | | | | | | ||
| | | | | | | ||
| | | | | 28 | | | |
| | | | | 29 | | | |
| | | | | 34 | | | |
| | | | | | | ||
| | | | | 36 | | | |
| | | | | 36 | | | |
| | | | | | | ||
| | | | | | |
| | | | | | | ||
| | | | | | | ||
| | | | | | | ||
| | | | | | | ||
| | | | | | | ||
| | | | | | | ||
| | | | | | | ||
| | | | | | | ||
| | | | | | | ||
| ||||||||
| | | | | | |||
| ||||||||
| | | | | | |||
| | | | | | | ||
| | | | | | | ||
| | | | | | | ||
| | | | | | | ||
| | | | | | | ||
| | | | | | | ||
| | | | | ||||
| |
| | | Mikel H. Williams | | | Director since 2013 Age | | |
| Mr. Williams has served since 2016 as the CEO and a director of Targus International LLC, a leading global supplier of tech accessories and carrying cases for the mobile working lifestyle. Mr. Williams formerly served as the In recommending the election of Mr. Williams, the Board considered the following key competencies: Centrus leadership as current Chairman; CEO and CFO experience; advanced technology and manufacturing experience; and public company experience. Mr. Williams has served as Centrus’ Chairman since September 2014. | |
| | | Kirkland H. Donald | | | Director since 2021 Age 70 | | |
| Admiral Donald served as a nuclear trained submarine officer for 37 years, achieving the rank of Admiral. Adm. Donald’s last assignment in the Navy was an eight-year term as the Director, Naval Nuclear Propulsion Program. This is a dual agency program responsible to the United States Departments of Defense and Energy for the safe and effective operation of all nuclear-powered warships and supporting infrastructure and staffing and is recognized worldwide for excellence in reactor safety and reliability. Following retirement in 2013, he was the President and Chief Executive Officer of Systems Planning and Analysis, Inc., until 2015. His public board service includes Entergy Corporation (nuclear utility) — Finance Committee and Chairman of the Nuclear Committee. Supports the Audit Committee on matters pertaining to cybersecurity. Huntington Ingalls Industries, Inc. (naval shipbuilding) Chairman of the Board, Personnel Committee and Cybersecurity Committee. Additionally, Admiral Donald serves on the following private/non-profit boards: • Battelle (technology research and development) — Chairman and Audit Committee. • CyberCore Technologies (supply chain security solutions). He is an Outside Director for Rolls-Royce North America and for Sauer Compressors USA. In recommending the election of Adm. Donald, the Board considered the following key competencies: nuclear and defense experience; energy and utility experience; government and contracting experience; public company experience; and executive and management experience. | |
| | | William J. Madia | | | Director since 2008 Age | | |
| Dr. Madia is In recommending the election of Dr. Madia, the Board considered the following key competencies: science and technology experience, including a Ph.D. in nuclear chemistry; nuclear experience; DOE experience, including the management of six DOE laboratories; and executive and management experience. | |
Age 67 | ||||||||
| Age 59 | |||||||
| | Tina W. Jonas | | | Director since 2020 Age | | ||
| Ms. Jonas is an executive with a distinguished career in government and in the private sector. Ms. Jonas is currently an independent consultant and serves on several boards in the defense and aerospace sectors. Prior to becoming an independent consultant, Ms. Jonas served as an executive with UnitedHealth Group, as President of UnitedHealthcare, Military and Veterans, and as Senior Vice President, Operations for Optum, from 2012 to 2014. A recognized expert in military and defense issues, she served more than two decades in government including as Undersecretary of Defense (Chief Financial Officer/Comptroller) for the Department of Defense, from 2004 to 2008. Her corporate experience Ms. Jonas has over a decade of board experience with both private and public companies. In addition to Centrus Energy, she currently serves on the board of Virgin Galactic (SPCE), Serco, North America, and Arete. In recommending the election of Ms. Jonas, the Board considered the following key competencies: financial experience, energy experience; government and contracting experience; and nuclear and defense experience. | |
| Age 69 | |||||||
| | Bradley J. Sawatzke | | | Director since 2021 Age | | ||
| Mr. Sawatzke was appointed CEO of Energy Northwest in April 2018 and retired in June 2021. He previously served as Chief Operating Officer/Chief Nuclear Officer from December 2014 through March 2018, with responsibility for all Energy Northwest generating units. He joined Energy Northwest as Vice President of Nuclear Generation/Chief Nuclear Officer in December 2010. Mr. Sawatzke also serves on the In recommending the election of Mr. Sawatzke, the Board considered the following key competencies: nuclear industry experience; energy and utility experience; public company experience; and executive and management experience. | |
| | | Amir V. Vexler | | | Director since 2024 Age 51 | | |
| Mr. Vexler joined Centrus on December 4, 2023 as a Special Advisor to the Board. On January 1, 2024, Mr. Vexler assumed the role of President and Chief Executive Officer and became a member of the Company’s board of directors. Mr. Vexler has extensive experience in the nuclear fuel industry and a strong background in manufacturing, engineering services, commercial operations, and business development. Prior to joining Centrus, he served as President and CEO of Orano USA, overseeing Orano’s U.S. sales of nuclear fuel, decommissioning services, used nuclear fuel management, and medical isotopes as well as engineering and technology services for the federal government. Previously, Mr. Vexler spent 20 years at General Electric Company, where he served in a number of leadership positions, including CEO, Chairman of the Board, and Chief Operating Officer of Global Nuclear Fuels (GNF), a joint venture of GE and Hitachi. GNF is a global provider of nuclear fuel and related services. Mr. Vexler earned a BASc in Mechanical Engineering from the University of Toronto and a Master of Business Administration from Wilfrid Laurier University. In recommending the election of Mr. Vexler, the Board considered the following key competencies: current service as Centrus CEO; energy experience; government and contracting experience; and nuclear experience. | |
| | | Ray A. Rothrock | | | Age 69 | | |
| Mr. Rothrock is founder of FiftySix Investments a seed/early stage venture investment firm based in Silicon Valley. From 2014 to 2020, he served as the Chairman and Chief Executive Officer at RedSeal Inc. which provides cyber and business insights via its cyber risk modeling platform and currently serves on its board. Prior to RedSeal, he served as a partner and management committee member at the venture capital firm of Venrock Associates. For 25 years he was early venture investor in cyber security, energy, and other technology startups. Mr. Rothrock serves on the board of directors of several organizations including Check Point Software Technology, Roku Inc., CTERA Networks, Shine Technologies and several non-governmental organizations. Mr. Rothrock is the author of the critically acclaimed book Digital Resilience: Is Your Company Ready for the Next Cyber Threat? (Harper Collins, Apr. 2018) and a frequent speaker and author of several articles on cybersecurity, energy and venture capital. Mr. Rothrock’s education includes a Bachelor of Science degree in Nuclear Engineering from Texas A&M, a Master of Science degree in nuclear engineering from the Massachusetts Institute of Technology and a Master of Business Administration degree from the Harvard Business School. In recommending the election of Mr. Rothrock, the Board considered the following key competencies: CEO and board member experience; nuclear experience including a BS and MS in nuclear engineering; financial and investment experience; cybersecurity experience. | |
| | | Tetsuo Iguchi | | | Director since 2017 Age | | |
| Mr. Iguchi is Senior Vice President of Government Mr. Iguchi previously was assigned to the Overseas Sales and Marketing Department for Studies (CSIS). | |
Director | | | Executive Committee | | | Audit and Finance Committee | | | Compensation, Nominating and Governance Committee | | | Technology, Competition and Regulatory Committee | |
Kirkland H. Donald | | | | | | | | | | | | X | |
W. Thomas Jagodinski | | | X | | | Chair | | | | | | | |
Tina W. Jonas | | | X | | | X | | | Chair | | | | |
William J. Madia | | | X | | | | | | | | | Chair | |
Daniel B. Poneman | | | X | | | | | | | | | | |
Bradley J. Sawatzke | | | | | | | | | X | | | X | |
Neil S. Subin | | | | | | | | | X | | | | |
Mikel H. Williams | | | Chair | | | X | | | | | | | |
Number of Meetings in 2022 | | | 1 | | | 5 | | | 9 | | | 4 | |
Director | | | Executive Committee | | | Audit and Finance Committee | | | Compensation, Nominating and Governance Committee | | | Technology, Competition and Regulatory Committee | |
Kirkland H. Donald | | | | | | X | | | X | | | X | |
Tina W. Jonas | | | X | | | X | | | Chair | | | | |
William J. Madia | | | X | | | | | | | | | Chair | |
Amir. V. Vexler | | | X | | | | | | | | | | |
Bradley J. Sawatzke | | | | | | | | | X | | | X | |
Mikel H. Williams | | | Chair | | | Chair | | | | | | | |
Form of Compensation | | Amount | | | Amount | | ||||||||
Board annual cash retainer(1) | | | $ | 72,000 | | | | | $ | 72,000 | | | ||
Restricted stock unit grant(2) | | | $ | 100,000(5) | | | | | $ | 100,000(5) | | | ||
Chairman fees(3) | | | | | | | | | | | | | ||
Board | | | $ | 100,000 | | | | | $ | 100,000 | | | ||
Audit and Finance Committee | | | $ | 15,000 | | | | | $ | 15,000 | | | ||
CN&G Committee | | | $ | 15,000 | | | | | $ | 15,000 | | | ||
Technology, Competition and Regulatory Committee | | | $ | 50,000 | | | | | $ | 50,000 | | | ||
Committee annual cash retainer(4) | | | $ | 10,000 | | | ||||||||
Each committee or subsidiary’s board membership annual cash retainer(4) | | | $ | 10,000 | | |
Name(1) | | Fees Earned or Paid in Cash ($) | | Stock Awards(2) ($) | | All Other Compensation(3) ($) | | Total ($) | | | Fees Earned or Paid in Cash ($) | | Stock Awards(2) ($) | | All Other Compensation ($) | | Total ($) | | ||||||||||||||||||||||||||||||||
Kirkland H. Donald | | | $ | 92,000 | | | | $ | 99,987.60 | | | | | — | | | | $ | 191,987.60 | | | | | $ | 99,500 | | | | $ | 99,976.95 | | | | | — | | | | $ | 199,476.95 | | | ||||||||
W. Thomas Jagodinski | | | $ | 97,000 | | | | $ | 99,987.60 | | | | | — | | | | $ | 196,987.60 | | | | | $ | 24,250 | | | | | — | | | | | — | | | | $ | 24,250.00 | | | ||||||||
Tina W. Jonas | | | $ | 107,000 | | | | $ | 99,987.60 | | | | | — | | | | $ | 206,987.60 | | | | | $ | 107,000 | | | | $ | 99,976.95 | | | | | — | | | | $ | 206,976.95 | | | ||||||||
William J. Madia | | | $ | 142,000 | | | | $ | 99,987.60 | | | | $ | 388,000.00 | | | | $ | 629,987.60 | | | | | $ | 142,000 | | | | $ | 99,976.95 | | | | | | | | | $ | 241,976.95 | | | ||||||||
Bradley J. Sawatzke | | | $ | 92,000 | | | | $ | 99,987.60 | | | | | — | | | | $ | 191,987.60 | | | | | $ | 92,000 | | | | $ | 99,976.95 | | | | | — | | | | $ | 191,976.95 | | | ||||||||
Neil S. Subin | | | $ | 82,000 | | | | $ | 99,987.60 | | | | | — | | | | $ | 181,987.60 | | | | | $ | 82,000 | | | | $ | 99,976.95 | | | | | — | | | | $ | 181,976.95 | | | ||||||||
Mikel H. Williams | | | $ | 182,000 | | | | $ | 99,987.60 | | | | | — | | | | $ | 281,987.60 | | | | | $ | 193,250 | | | | $ | 99,976.95 | | | | | — | | | | $ | 293,226.95 | | |
Name | | Grant Date | | Number of Restricted Stock Units | | Grant Date Fair Value ($) | | | Grant Date | | Number of Restricted Stock Units | | Grant Date Fair Value ($) | | ||||||||||||||||||||||||
Kirkland H. Donald | | | | 08/05/22 | | | | | 2,577 | | | | | 99,987.60 | | | | | | 06/20/23 | | | | | 2,781 | | | | | 99,976.95 | | | ||||||
W. Thomas Jagodinski | | | | 08/05/22 | | | | | 2,577 | | | | | 99,987.60 | | | ||||||||||||||||||||||
Tina W. Jonas | | | | 08/05/22 | | | | | 2,577 | | | | | 99,987.60 | | | | | | 06/20/23 | | | | | 2,781 | | | | | 99,976.95 | | | ||||||
William J. Madia | | | | 08/05/22 | | | | | 2,577 | | | | | 99,987.60 | | | | | | 06/20/23 | | | | | 2,781 | | | | | 99,976.95 | | | ||||||
Bradley J. Sawatzke | | | | 08/05/22 | | | | | 2,577 | | | | | 99,987.60 | | | | | | 06/20/23 | | | | | 2,781 | | | | | 99,976.95 | | | ||||||
Neil S. Subin | | | | 08/05/22 | | | | | 2,577 | | | | | 99,987.60 | | | ||||||||||||||||||||||
Neil S. Subin(2) | | | | 06/20/23 | | | | | 2,781 | | | | | 99,976.95 | | | ||||||||||||||||||||||
Mikel H. Williams | | | | 08/05/22 | | | | | 2,577 | | | | | 99,987.60 | | | | | | 06/20/23 | | | | | 2,781 | | | | | 99,976.95 | | |
Name | | | Age | | | Position | |
| | | | President and Chief Executive Officer | | ||
| | | | Senior Vice President, | | ||
| | ||||||
| | Senior Vice President, General Counsel, Chief Compliance Officer and Corporate Secretary | | ||||
| | | | Senior Vice President, Field Operations | | ||
John M. A. Donelson | | | 59 | | | Senior Vice President and Chief | |
Name of Beneficial Owners(1) | | Beneficial Ownership(2) | | Percentage of Class A Owned | | | Beneficial Ownership(2) | | Percentage of Class A Owned | | ||||||||||||||||
Directors and Nominees | | | | | | | | | | | | |||||||||||||||
Current Directors and Nominees | | | | | | | | | | | | |||||||||||||||
Mikel H. Williams | | | | 50,022 | | | | | * | | | | | | 51,324 | | | | | * | | | ||||
Kirkland H. Donald | | | | 5,363 | | | | | * | | | | | | 7,023 | | | | | * | | | ||||
Tetsuo Iguchi | | | | — | | | | | — | | | | | | — | | | | | — | | | ||||
W. Thomas Jagodinski | | | | 50,022 | | | | | * | | | |||||||||||||||
Tina W. Jonas | | | | 12,097 | | | | | * | | | | | | 13,776 | | | | | * | | | ||||
William J. Madia | | | | 60,022 | | | | | * | | | | | | 56,309 | | | | | * | | | ||||
Bradley J. Sawatzke | | | | 5,363 | | | | | * | | | | | | 6,937 | | | | | * | | | ||||
Neil S. Subin(3) | | | | 634,667 | | | | | 4.3% | | | |||||||||||||||
Daniel B. Poneman | | | | 97,310 | | | | | * | | | |||||||||||||||
Named Executive Officers (excluding Mr. Poneman) | | | | | | | | | | | | |||||||||||||||
Philip O. Strawbridge | | | | — | | | | | * | | | |||||||||||||||
Ray R. Rothrock | | | | — | | | | | — | | | |||||||||||||||
Amir V. Vexler | | | | — | | | | | — | | | |||||||||||||||
Named Executive Officers | | | | | | | | | | | | |||||||||||||||
Kevin J. Harrill | | | | — | | | | | — | | | |||||||||||||||
Shahram Ghasemian | | | | — | | | | | — | | | |||||||||||||||
John M.A. Donelson | | | | 16,073 | | | | | * | | | | | | 1,800 | | | | | * | | | ||||
Dennis J. Scott | | | | 1,778 | | | | | * | | | |||||||||||||||
Larry B. Cutlip | | | | 14,615 | | | | | * | | | | | | 16,402 | | | | | * | | | ||||
Directors and all executive officers as a group (16 persons) | | | | 947,332 | | | | | 6.4% | | | |||||||||||||||
Daniel Poneman (former employee)(3) | | | | 7,418 | | | | | * | | | |||||||||||||||
Dennis Scott (former employee)(4) | | | | 3,823 | | | | | * | | | |||||||||||||||
Philip Strawbridge (former employee)(5) | | | | — | | | | | — | | | |||||||||||||||
Directors and all executive officers as a group (12 persons) | | | | 164,812 | | | | | 1% | | |
Name and Address of Beneficial Owner | | | Amount and Nature of Beneficial Ownership | | | Percent of Class Owned(1) | | ||||||
Morris Bawabeh 15 Ocean Avenue Brooklyn, NY 11225 | | | | | | | | | | | | ||
Blackrock, Inc. 50 Hudson Yards New York, NY 10001 | | | | | 954,108(3) | | | | | | 6.2% | | |
Global X Management Co. LLC 605 Third Avenue, 43rd Floor New York, NY 10158 | | | | | 916,391(4) | | | | | | 6.0% | | |
| | Objective | | | | How We Implement Our Objectives | | |
| | Compensation should be aligned with stockholders’ interests. | | | | • Strong incentives to maximize long-term value for our stakeholders. • Long-term stock ownership by executives and performance incentives provides ongoing alignment. | | |
| | Compensation should support our business strategy and objectives. | | | | • Reward successful execution of our business plan by linking performance goals directly to our business plan. • Stretch performance goals encourage innovation by executives while not encouraging excessive risk-taking. | | |
| | Compensation should be structured to pay for performance. | | | | • A substantial portion of the total compensation opportunity is variable and dependent upon the individual’s and the Company’s performance. • | | |
| | Objective | | | | How We Implement Our Objectives | | |
| | Compensation opportunities should be market competitive. | | | | • Compensation and benefits programs are designed to provide competitive compensation relative to the labor markets for our executives while maintaining fiscal responsibility for our stockholders. • Target total direct opportunity compensation is intended to approximate the 50th percentile of the market. • | | |
| | Compensation and benefits programs should encourage short-term and long-term retention. | | | | • Our compensation and benefits programs are intended to encourage retention and reward continuity of service, which is particularly important due to the unique skill sets of our executives. | | |
Company | | Most Recently Reported 12-Month Revenues ($M) | | Current Balance Sheet Assets ($M) | | Capital Intensity (Assets divided by Revenues) | | 6/28/2021 Market Capitalization ($M) | | | Most Recently Reported 12-Month Revenues as of 8/2023 ($M) | | Total Assets ($M) | | Net Income ($M) | | 7/10/2023 Market Capitalization ($M) | | ||||||||||||||||||||||||||||||||
AAR Corp. | | | $ | 1,631 | | | | $ | 1,643 | | | | | 1.0 | | | | $ | 1,346 | | | |||||||||||||||||||||||||||||
AAR Corp | | | $ | 1,820 | | | | $ | 1,007 | | | | $ | 79 | | | | $ | 1,959 | | | |||||||||||||||||||||||||||||
Aerojet Rocketdyne Holdings, Inc. | | | $ | 2,093 | | | | $ | 2,364 | | | | | 1.1 | | | | $ | 3,787 | | | | | $ | 2,238 | | | | $ | 1,069 | | | | $ | 74 | | | | $ | 4,446 | | | ||||||||
AeroVironment, Inc. | | | $ | 395 | | | | $ | 929 | | | | | 2.4 | | | | $ | 2,710 | | | | | $ | 541 | | | | $ | 477 | | | | $ | -176 | | | | $ | 2,505 | | | ||||||||
AerSale Corporation | | | $ | 210 | | | | $ | 400 | | | | | 1.9 | | | | $ | 519 | | | | | $ | 409 | | | | $ | 334 | | | | $ | 44 | | | | $ | 715 | | | ||||||||
Air Industries Group | | | $ | 50 | | | | $ | 57 | | | | | 1.1 | | | | $ | 40 | | | |||||||||||||||||||||||||||||
Astronics Corporation | | | $ | 451 | | | | $ | 606 | | | | | 1.3 | | | | $ | 525 | | | | | $ | 535 | | | | $ | 365 | | | | $ | -36 | | | | $ | 612 | | | ||||||||
BWX Technologies, Inc. | | | $ | 2,110 | | | | $ | 2,352 | | | | | 1.1 | | | | $ | 5,551 | | | | | $ | 2,233 | | | | $ | 772 | | | | $ | 238 | | | | $ | 6,487 | | | ||||||||
Byrna Technologies Inc. | | | $ | 38 | | | | $ | 22 | | | | | 0.6 | | | | $ | 465 | | | | | $ | 48 | | | | $ | 43 | | | | $ | -8 | | | | $ | 107 | | | ||||||||
CPI Aerostructures, Inc. | | | $ | 88 | | | | $ | 50 | | | | | 0.6 | | | | $ | 40 | | | | | $ | 83 | | | | $ | 43 | | | | $ | 9 | | | | $ | 48 | | | ||||||||
Curtiss-Wright Corporation | | | $ | 2,387 | | | | $ | 3,981 | | | | | 1.7 | | | | $ | 4,894 | | | | | $ | 2,557 | | | | $ | 1,517 | | | | $ | 294 | | | | $ | 7,088 | | | ||||||||
Ducommun Incorporated | | | $ | 613 | | | | $ | 826 | | | | | 1.3 | | | | $ | 637 | | | | | $ | 713 | | | | $ | 527 | | | | $ | 29 | | | | $ | 657 | | | ||||||||
Fission Uranium Corp. | | | $ | 0 | | | | $ | 281 | | | | | — | | | | $ | 298 | | | |||||||||||||||||||||||||||||
Fluor Corporation | | | $ | 14,909 | | | | $ | 7,021 | | | | | 0.5 | | | | $ | 2,551 | | | | | $ | 13,744 | | | | $ | 5,044 | | | | $ | 145 | | | | $ | 4,215 | | | ||||||||
HEICO Corporation | | | $ | 1,697 | | | | $ | 3,595 | | | | | 2.1 | | | | $ | 17,929 | | | | | $ | 2,208 | | | | $ | 1,153 | | | | $ | 352 | | | | $ | 20,894 | | | ||||||||
Hexcel Corporation | | | $ | 1,272 | | | | $ | 2,894 | | | | | 2.3 | | | | $ | 5,190 | | | | | $ | 1,578 | | | | $ | 734 | | | | $ | 126 | | | | $ | 6,481 | | | ||||||||
Kratos Defense & Security Solutions, Inc. | | | $ | 773 | | | | $ | 1,565 | | | | | 2.0 | | | | $ | 3,381 | | | | | $ | 898 | | | | $ | 583 | | | | $ | -37 | | | | $ | 1,715 | | | ||||||||
Lightbridge Corporation | | | $ | 0 | | | | $ | 16 | | | | | — | | | | $ | 45 | | | | | $ | 0 | | | | $ | 29 | | | | $ | -7 | | | | $ | 67 | | | ||||||||
Moog Inc. | | | $ | 2,785 | | | | $ | 3,406 | | | | | 1.2 | | | | $ | 2,738 | | | | | $ | 3,036 | | | | $ | 1,758 | | | | $ | 155 | | | | $ | 3,474 | | | ||||||||
NV5 Global, Inc. | | | $ | 647 | | | | $ | 896 | | | | | 1.4 | | | | $ | 1,418 | | | | | $ | 787 | | | | $ | 291 | | | | $ | 50 | | | | $ | 1,660 | | | ||||||||
PAE Incorporated | | | $ | 2,846 | | | | $ | 1,828 | | | | | 0.6 | | | | $ | 823 | | | |||||||||||||||||||||||||||||
Parsons Corporation | | | $ | 3,823 | | | | $ | 3,865 | | | | | 1.0 | | | | $ | 4,085 | | | | | $ | 4,195 | | | | $ | 1,720 | | | | $ | 97 | | | | $ | 4,961 | | | ||||||||
RADA Electronic Industries Ltd. | | | $ | 86 | | | | $ | 170 | | | | | 2.0 | | | | $ | 592 | | | |||||||||||||||||||||||||||||
TAT Technologies Ltd. | | | $ | 69 | | | | $ | 115 | | | | | 1.7 | | | | $ | 53 | | | |||||||||||||||||||||||||||||
Uranium Energy Corp. | | | $ | 0 | | | | $ | 164 | | | | | — | | | | $ | 609 | | | |||||||||||||||||||||||||||||
Oriental Non-Ferrous Resources Development Inc. | | | $ | 0 | | | | $ | 16 | | | | | — | | | | $ | 50 | | | |||||||||||||||||||||||||||||
Williams Industrial Services Group Inc. | | | $ | 264 | | | | $ | 108 | | | | | 0.4 | | | | $ | 145 | | | |||||||||||||||||||||||||||||
Ur-Energy Inc. | | | $ | 0 | | | | $ | 44 | | | | $ | -17 | | | | $ | 339 | | | |||||||||||||||||||||||||||||
Williams Industrial Services | | | $ | 238 | | | | $ | 51 | | | | $ | -14 | | | | $ | 8 | | |
| | Compensation Element | | | | Objective | | | | Key Features | | |
| | Base Salary | | | | • Provides a stable annual income at a level consistent with individual contributions. | | | | • Reflects individual performance, level of pay relative to the market, internal pay equity and retention considerations. • Adjustments are considered annually (or in the event of change in responsibilities). | | |
| | Compensation Element | | | | Objective | | | | Key Features | | |
| | Annual Cash Inventive Award | | | | • Rewards the achievement of critical annual performance goals aligned with corporate strategic objectives. | | | | • Performance-based reward tied to achievement of short-term corporate and individual performance. | | |
| | | | | • Annual incentives can vary from 0% to 150% of the target amount. • Annual performance goals are |
| | |||||||||||
| | Long Term Incentive Award | | | | • Aligns NEO’s interests with long-term stockholder interests by linking part of each NEO’s compensation to long-term corporate stock performance, as well as rewarding total stockholder return performance. • Provides opportunities for investment in and ownership of the Company, which is designed to promote retention and enable us to attract and motivate our NEOs. • Retains NEOs through multi-year vesting. | | | | • Links value to stock price. • Comprised of 100% performance-based • Vesting subject to achievement of cumulative net income performance threshold. | | |
| | Goal | | | | Targets | | | | Achievement Versus Target | | | | Score for Goal Category | | |
| | 1. Expand market position as an established enrichment supplier: build customer base and increase market share. (Weight = 35%) | | | | Achieve | | | | Exceeded Target: • Achieved • Achieved total gross profit of | | | | Overall Goal 1 performance: (weighted | | |
| New Business: Originate | | | | • Originated • With an average projected cash margin that | | | |||||||||
| | 2. Expand business offerings and diversify revenue (Weight | | | | Centrus Technical (CTS) — | | | | Achieved Target: • | | | | Overall Goal 2 performance: 100% of target (weighted | ||
| |
| | Goal | | | | Targets | | | | Achievement Versus Target | | | | Score for Goal Category | | |
| | | | | | RFP or make an award, take demonstrable steps to win an award under such an RFP. | | | | | | | | | | |
| | 3. Achieve financial goals and maintain corporate structure (Weight | | | | Achieve revenue of | | | | • Achieved revenue of • Achieved end of year cash balance of | | | | Overall Goal | | |
| Meet the | | | | Exceeded Target: • Achieved | | | |||||||||
| Achieve | | | | • | | |
Name and Principal Position | | Fiscal Year | | Salary(1)(6) | | Bonus | | Stock Awards(2) | | Option Awards | | Non-Equity Incentive Plan Compensation(3) | | Change in Pension Value and Non- Qualified Deferred Compensation Earnings(4) | | All Other Compensation(5) | | Total | | | Fiscal Year | | Salary(1) | | Bonus | | Stock Awards(2) | | Option Awards | | Non-Equity Incentive Plan Compensation(3) | | Change in Pension Value and Non- Qualified Deferred Compensation Earnings(4) | | All Other Compensation (5)(6)(7)(8)(9)(10) | | Total | | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Daniel B. Poneman President and CEO | | | | | 2022 | | | | $ | 750,000 | | | | | — | | | | $ | 249,987 | | | | | — | | | | $ | 957,375 | | | | | — | | | | $ | 96,514 | | | | $ | 2,053,876 | | | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| | | 2021 | | | | $ | 750,000 | | | | | — | | | | $ | 250,017 | | | | | — | | | | $ | 1,019,938 | | | | | — | | | | $ | 77,334 | | | | $ | 2,097,289 | | | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| | | 2020 | | | | $ | 750,000 | | | | | — | | | | $ | 285,941 | | | | | — | | | | $ | 1,027,575 | | | | | — | | | | $ | 76,001 | | | | $ | 2,139,517 | | | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Philip O. Strawbridge Senior Vice President, Chief Financial Officer, Chief Administrative Officer and Treasurer | | | | | 2022 | | | | $ | 607,192 | | | | | — | | | | | — | | | | | — | | | | $ | 980,685 | | | | | — | | | | $ | 58,523 | | | | $ | 1,646,400 | | | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| | | 2021 | | | | $ | 575,000 | | | | | — | | | | | — | | | | | — | | | | $ | 727,950 | | | | | — | | | | $ | 42,256 | | | | $ | 1,345,206 | | | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| | | 2020 | | | | $ | 575,000 | | | | | — | | | | | — | | | | | — | | | | $ | 524,239 | | | | | — | | | | $ | 39,949 | | | | $ | 1,139,188 | | | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Daniel B. Poneman Former President and CEO | | | | | 2023 | | | | $ | 750,000 | | | | | — | | | | $ | 249,923 | | | | | — | | | | $ | 810,000 | | | | | — | | | | $ | 3,796,567 | | | | $ | 5,606,490 | | | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| | | 2022 | | | | $ | 750,000 | | | | | — | | | | $ | 249,987 | | | | | — | | | | $ | 957,375 | | | | | — | | | | $ | 96,514 | | | | $ | 2,053,876 | | | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| | | 2021 | | | | $ | 750,000 | | | | | — | | | | $ | 250,017 | | | | | — | | | | $ | 1,019,938 | | | | | — | | | | $ | 77,334 | | | | $ | 2,097,289 | | | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Kevin J. Harrill Senior Vice President, Chief Financial Officer, and Treasurer | | | | | 2023 | | | | $ | 264,616 | | | | | — | | | | $ | 83,308 | | | | | — | | | | $ | 215,888 | | | | | — | | | | $ | 19,326 | | | | $ | 583,138 | | | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Philip O. Strawbridge Former Senior Vice President, Chief Financial Officer, Chief Administrative Officer and Treasurer | | | | | 2023 | | | | $ | 620,000 | | | | | — | | | | | — | | | | | — | | | | $ | 636,120 | | | | | — | | | | $ | 77,846 | | | | $ | 1,333,966 | | | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| | | 2022 | | | | $ | 607,192 | | | | | — | | | | | — | | | | | — | | | | $ | 980,685 | | | | | — | | | | $ | 58,523 | | | | $ | 1,646,400 | | | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| | | 2021 | | | | $ | 575,000 | | | | | — | | | | | — | | | | | — | | | | $ | 727,950 | | | | | — | | | | $ | 42,256 | | | | $ | 1,345,206 | | | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
John M.A. Donelson Senior Vice President, Sales & Chief Marketing Officer | | | | | 2022 | | | | $ | 355,865 | | | | | — | | | | $ | 118,624 | | | | | — | | | | $ | 272,557 | | | | | — | | | | $ | 39,411 | | | | $ | 786,457 | | | | | | | 2023 | | | | $ | 355,865 | | | | | — | | | | $ | 118,578 | | | | | — | | | | $ | 230,601 | | | | | — | | | | $ | 45,342 | | | | $ | 750,386 | | | ||||||||||||||||
| | | 2021 | | | | $ | 355,865 | | | | | — | | | | $ | 118,636 | | | | | — | | | | $ | 311,246 | | | | | — | | | | $ | 27,194 | | | | $ | 812,941 | | | | | | 2022 | | | | $ | 355,865 | | | | | — | | | | $ | 118,624 | | | | | — | | | | $ | 272,557 | | | | | — | | | | $ | 39,411 | | | | $ | 786,457 | | | |||||||||||||||||||
| | | 2020 | | | | $ | 355,865 | | | | | — | | | | $ | 135,674 | | | | | — | | | | $ | 322,399 | | | | $ | 323,804 | | | | $ | 26,240 | | | | $ | 1,163,982 | | | | | | 2021 | | | | $ | 355,865 | | | | | — | | | | $ | 118,636 | | | | | — | | | | $ | 311,246 | | | | | — | | | | $ | 27,194 | | | | $ | 812,941 | | | |||||||||||||||||||
Dennis J. Scott Senior Vice President, Chief Compliance Officer and Corporate Secretary | | | | 2022 | | | | $ | 290,000 | | | | | — | | | | $ | 96,652 | | | | | — | | | | $ | 257,520 | | | | | — | | | | $ | 41,266 | | | | $ | 685,438 | | | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Shahram Ghasemian Senior Vice President, General Counsel, Chief Compliance Officer and Corporate Secretary | | | | | 2023 | | | | $ | 251,320 | | | | | — | | | | | — | | | | | — | | | | $ | 105,777 | | | | | — | | | | $ | 18,288 | | | | $ | 375,385 | | | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Dennis J. Scott Former Senior Vice President, Chief Compliance Officer and Corporate Secretary | | | | | 2023 | | | | $ | 189,615 | | | | | — | | | | $ | 96,630 | | | | | — | | | | $ | 153,092 | | | | | — | | | | $ | 27,397 | | | | $ | 466,734 | | | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| | | 2022 | | | | $ | 290,000 | | | | | — | | | | $ | 96,652 | | | | | — | | | | $ | 257,520 | | | | | — | | | | $ | 41,266 | | | | $ | 685,438 | | | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Larry B. Cutlip Senior Vice President, Field Operations | | | | 2022 | | | | $ | 320,000 | | | | | — | | | | $ | 106,661 | | | | | — | | | | $ | 326,784 | | | | | — | | | | $ | 42,409 | | | | $ | 795,854 | | | | | | | 2023 | | | | $ | 320,000 | | | | | — | | | | $ | 106,622 | | | | | — | | | | $ | 276,480 | | | | $ | 19,253 | | | | $ | 41,667 | | | | $ | 764,022 | | | |||||||||||||||||
Larry B. Cutlip Senior Vice President, Field Operations | | | | 2022 | | | | $ | 320,000 | | | | | — | | | | $ | 106,661 | | | | | — | | | | $ | 326,784 | | | | | — | | | | $ | 42,409 | | | | $ | 795,854 | | |
| | | | | | | Estimated future payouts under non-equity incentive plan awards | | Estimated future payouts under equity incentive plan awards | | | All other stock awards: Number of shares of stock or units (#) | | All other option awards: Number of securities underlying options (#) | | Exercise or base price of option awards ($/Sh) | | Grant date fair value of stock and option awards(1) | | | | | | | | Estimated future payouts under non-equity incentive plan awards(1) | | Estimated future payments under equity inventive plan awards | | | All other stock awards: Number of shares of stock or units (#) | | All other option awards: Number of securities underlying options (#) | | Exercise or base price of option awards ($/Sh) | | Grant date fair value of stock and option awards(2) | | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Name and Principle Position | | Grant Dates | | Threshold ($) | | Target ($) | | Maximum ($) | | Threshold ($) | | Target ($) | | Maximum ($)(2) | | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Daniel B. Poneman President and CEO | | | | | 02/16/22 | | | | | N/A | | | | | N/A | | | | | N/A | | | | | N/A | | | | $ | 249,987 | | | | | — | | | | | 7,418 | | | | | — | | | | | — | | | | $ | 249,987 | | | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| | | 03/31/23 | | | | | | | | | | | | | | | | | | | | | | | | $ | 249,982 | | | | | | | | | | 5,853 | | | | | | | | | | | | | | $ | 249,982 | | | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Philip O. Strawbridge Senior Vice President, Chief Financial Officer, Chief Administrative Officer and Treasurer | | | | | — | | | | | — | | | | | — | | | | | — | | | | | — | | | | | — | | | | | — | | | | | — | | | | | — | | | | | — | | | | | — | | | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Name and Principal Position | | Grant Dates | | Threshold ($) | | Target ($) | | Maximum ($) | | Threshold ($) | | Target ($) | | Maximum ($) | | | All other stock awards: Number of shares of stock or units (#) | | All other option awards: Number of securities underlying options (#) | | Exercise or base price of option awards ($/Sh) | | Grant date fair value of stock and option awards(2) | | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Daniel B. Poneman Former President and CEO | | | | | 3/2/23 | | | | | — | | | — | | | | — | | | | | N/A | | | | $ | 249,923 | | | | | — | | | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| | | | | | | | | | | | $ | 750,000 | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Kevin J. Harrill Senior Vice President, Chief Financial Officer, and Treasurer | | | | | 3/2/23 | | | | | — | | | — | | | | — | | | | | — | | | | $ | 83,308 | | | | | — | | | | | 1,951 | | | | | — | | | | | — | | | | $ | 83,308 | | | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| | | | | | | | | | | | $ | 178,200 | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Philip O. Strawbridge Former Senior Vice President, Chief Financial Officer, Chief Administrative Officer, and Treasurer | | | | | — | | | | | — | | | | $ | 589,000 | | | | | — | | | | | — | | | | | — | | | | | — | | | | | — | | | | | — | | | | | — | | | | | — | | | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
John M.A. Donelson Senior Vice President, Sales & Chief Marketing Officer | | | | | 02/16/22 | | | | | N/A | | | | | N/A | | | | | N/A | | | | | N/A | | | | $ | 118,624 | | | | | — | | | | | 3,520 | | | | | — | | | | | — | | | | $ | 118,624 | | | | | | | 3/2/23 | | | | | — | | | — | | | | — | | | | | — | | | | $ | 118,578 | | | | | — | | | | | 2,777 | | | | | — | | | | | — | | | | $ | 118,578 | | | |||||||||||||||||||||||
| | | 03/31/23 | | | | | | | | | | | | | | | | | | | | | | | | $ | 118,606 | | | | | | | | | | 2,777 | | | | | | | | | | | | | | $ | 118,606 | | | | | | | | | | | | | | | $ | 213,000 | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |||||||||||||||||||||||
Dennis J. Scott Senior Vice President, Chief Compliance Officer and Corporate Secretary | | | | | 02/16/22 | | | | | N/A | | | | | N/A | | | | | N/A | | | | | N/A | | | | $ | 96,652 | | | | | — | | | | | 2,868 | | | | | — | | | | | — | | | | $ | 96,652 | | | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| | | 03/31/23 | | | | | | | | | | | | | | | | | | | | | | | | $ | 96,653 | | | | | | | | | | 2,263 | | | | | | | | | | | | | | $ | 96,653 | | | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Shahram Ghasemian Senior Vice President, General Counsel, Chief Compliance Officer and Corporate Secretary | | | | | — | | | | | — | | | — | | | | — | | | | | — | | | | | — | | | | | — | | | | | — | | | | | — | | | | | — | | | | | — | | | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| | | | | | | | | | | | $ | 97,000 | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Dennis Scott Former Senior Vice President, General Counsel, Chief Compliance Officer and Corporate Secretary | | | | | 3/2/23 | | | | | — | | | — | | | | — | | | | | — | | | | $ | 96,630 | | | | | — | | | | | 2,263 | | | | | — | | | | | — | | | | $ | 96,630 | | | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| | | | | | | | | | | | $ | 232,000 | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Larry B. Cutlip Senior Vice President, Field Operations | | | | | 02/16/22 | | | | | N/A | | | | | N/A | | | | | N/A | | | | | N/A | | | | $ | 106,661 | | | | | — | | | | | 3,165 | | | | | — | | | | | — | | | | $ | 106,661 | | | | | | | 3/2/23 | | | | | — | | | — | | | | — | | | | | — | | | | $ | 106,622 | | | | | — | | | | | 2,497 | | | | | — | | | | | — | | | | $ | 106,622 | | | |||||||||||||||||||||||
| | | 03/31/23 | | | | | | | | | | | | | | | | | | | | | | | | $ | 106,647 | | | | | | | | | | 2,497 | | | | | | | | | | | | | | $ | 106,647 | | | | | | | | | | | | | | | $ | 256,000 | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
| | | | | | | | | | | | | | | Options | | | Stock Awards | | ||||||||||||||||||||||||||||||
Name | | | Number of Securities Underlying Unexercised Options (#) Exercisable | | | Number of Securities Underlying Unexercised Options (#) Unexercisable | | | Exercise Price ($) | | | Options Expiration Date | | | Number of Shares, Units of Other Rights That Have Not Vested (#) | | | Market Value of Shares or Units of Stock That Have Not Vested ($) | | | Equity Incentive Plan Awards: Number of Unearned Shares, Units of Other Rights That Have Not Vested | | | Equity Incentive Plan Market Value of Unearned Shares, Units of Other Rights That Have Not Vested ($)(1) | | ||||||||||||||||||||||||
Daniel B. Poneman | | | | | 96,000 | | | | | | — | | | | | $ | 4.37 | | | | | | 03/26/26 | | | | | | — | | | | | | — | | | | | | 73,519 | | | | | $ | 2,140,413 | | |
Philip O. Strawbridge | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | |
John M.A. Donelson | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | 34,884 | | | | | $ | 1,015,605 | | |
Dennis J. Scott | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | 28,426 | | | | | $ | 827,589 | | |
Larry B. Cutlip | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | 29,107 | | | | | $ | 844,740 | | |
| | | | | | | | | | | | | | | Options | | | Stock Awards | | ||||||||||||||||||||||||||||||
Name | | | Number of Securities Underlying Unexercised Options (#) Exercisable | | | Number of Securities Underlying Unexercised Options (#) Unexercisable | | | Exercise Price ($) | | | Options Expiration Date | | | Number of Shares, Units of Other Rights That Have Not Vested (#) | | | Market Value of Shares or Units of Stock That Have Not Vested ($) | | | Equity Incentive Plan Awards: Number of Unearned Shares, Units of Other Rights That Have Not Vested | | | Equity Incentive Plan Market Value of Unearned Shares, Units of Other Rights That Have Not Vested ($)(1) | | ||||||||||||||||||||||||
Daniel B. Poneman | | | | | 96,000 | | | | | | — | | | | | $ | 4.37 | | | | | | 03/31/24 | | | | | | — | | | | | | — | | | | | | 20,824 | | | | | $ | 910,981 | | |
Philip O. Strawbridge | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | |
John M.A. Donelson | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | 10,848 | | | | | $ | 474,027 | | |
Dennis J. Scott | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | 4,451 | | | | | $ | 170,909 | | |
Larry B. Cutlip | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | 9,754 | | | | | $ | 426,234 | | |
Kevin J. Harrill | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | 4,424 | | | | | $ | 240,710 | | |
Shahram Ghasemian | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | |
| | Option Awards | | Stock Awards | | | Option Awards | | Stock Awards | | ||||||||||||||||||||||||||||||||||||||||
Name and Principle Position | | Number of shares acquired on exercise (#) | | Value realized on exercise ($) | | Number of shares acquired on vesting (#) | | Value realized on vesting ($) | | |||||||||||||||||||||||||||||||||||||||||
Name and Principal Position | | Number of shares acquired on exercise (#) | | Value realized on exercise ($) | | Number of shares acquired on vesting (#) | | Value realized on vesting ($) | | |||||||||||||||||||||||||||||||||||||||||
Daniel B. Poneman President and CEO | | | | 48,000 | | | | $ | 1,523,515 | | | | | 39,557 | | | | $ | 1,333,071 | | | | | | — | | | | | — | | | | | 57,925 | | | | $ | 1,859,393 | | | ||||||||
Philip O. Strawbridge Senior Vice President, Chief Financial Officer, Chief Administrative Officer and Treasurer | | | | — | | | | | — | | | | | — | | | | | — | | | |||||||||||||||||||||||||||||
Kevin J. Harrill Senior Vice President, Chief Financial Officer, and Treasurer | | | | — | | | | | — | | | | | — | | | | | — | | | |||||||||||||||||||||||||||||
Philip O. Strawbridge Former Senior Vice President, Chief Financial Officer, Chief Administrative Officer, and Treasurer | | | | — | | | | | — | | | | | — | | | | | — | | | |||||||||||||||||||||||||||||
John M.A. Donelson Senior Vice President, Sales & Chief Marketing Officer | | | | — | | | | | — | | | | | 18,769 | | | | $ | 632,515 | | | | | | — | | | | | — | | | | | 27,484 | | | | $ | 882,236 | | | ||||||||
Dennis J. Scott Senior Vice President, Chief Compliance Officer and Corporate Secretary | | | | — | | | | | — | | | | | 15,295 | | | | $ | 515,442 | | | |||||||||||||||||||||||||||||
Shahram Ghasemian Senior Vice President, General Counsel, Chief Compliance Officer and Corporate Secretary | | | | — | | | | | — | | | | | — | | | | | — | | | |||||||||||||||||||||||||||||
Dennis J. Scott Former Senior Vice President, General Counsel, Chief Compliance Officer and Corporate Secretary | | | | — | | | | | — | | | | | 22,396 | | | | $ | 718,912 | | | |||||||||||||||||||||||||||||
Larry B. Cutlip Senior Vice President, Field Operations | | | | — | | | | | — | | | | | 15,295 | | | | $ | 515,442 | | | | | | — | | | | | — | | | | | 22,396 | | | | $ | 718,912 | | |
Name and Principle Position | | | Plan name | | | Number of years credited service (#) | | | Present value of accumulated benefit ($) | | | Payments during last fiscal year ($) | | |||||||||
Daniel B. Poneman President and CEO | | | N/A | | | | | N/A | | | | | | N/A | | | | | | N/A | | |
Philip O. Strawbridge Senior Vice President, Chief Financial Officer, Chief Administrative Officer and Treasurer | | | N/A | | | | | N/A | | | | | | N/A | | | | | | N/A | | |
John M.A. Donelson Senior Vice President, Sales & Chief Marketing Officer | | | Centrus Pension Plan | | | | | 27.3 | | | | | $ | 652,788 | | | | | | — | | |
| Pension Restoration Plan | | | | | 27.3 | | | | | $ | 1,096,304 | | | | | | — | | | ||
Dennis J. Scott Senior Vice President, Chief Compliance Officer and Corporate Secretary | | | Centrus Pension Plan | | | | | 28.9 | | | | | $ | 847,343 | | | | | | — | | |
Larry B. Cutlip Senior Vice President, Field Operations | | | Centrus Pension Plan | | | | | 41.6 | | | | | $ | 586,456 | | | | | | — | | |
| Enrichment Plan | | | | | 41.6 | | | | | $ | 792,518 | | | | | | — | | |
Name and Principal Position | | | Plan name | | | Number of years credited service (#) | | | Present value of accumulated benefit ($) | | | Payments during last fiscal year ($) | | |||||||||
Daniel B. Poneman President and CEO | | | N/A | | | | | N/A | | | | | | N/A | | | | | | N/A | | |
Kevin J. Harrill Senior Vice President, Chief Financial Officer, and Treasurer | | | N/A | | | | | N/A | | | | | | N/A | | | | | | N/A | | |
Philip O. Strawbridge Senior Vice President, Chief Financial Officer, Chief Administrative Officer and Treasurer | | | N/A | | | | | N/A | | | | | | N/A | | | | | | N/A | | |
John M.A. Donelson Senior Vice President, Sales & Chief Marketing Officer | | | Centrus Pension Plan | | | | | 28.3 | | | | | $ | 688,703 | | | | | | — | | |
| Pension Restoration Plan | | | | | 28.3 | | | | | $ | 980,660 | | | | | | — | | | ||
Shahram Ghasemian Senior Vice President, General Counsel, Chief Compliance Officer and Corporate Secretary | | | N/A | | | | | N/A | | | | | | N/A | | | | | | N/A | | |
Dennis J. Scott Senior Vice President, Chief Compliance Officer and Corporate Secretary | | | Centrus Pension Plan | | | | | 29.6 | | | | | $ | 857,791 | | | | | | 20,347 | | |
Larry B. Cutlip Senior Vice President, Field Operations | | | Centrus Pension Plan | | | | | 42.6 | | | | | $ | 594,759 | | | | | | — | | |
| Enrichment Plan | | | | | 42.6 | | | | | $ | 803,468 | | | | | | — | | |
Name and Principle Position | | Executive contributions in last fiscal year ($) | | Registrant contributions in last fiscal year ($) | | Aggregate earnings in last fiscal year ($) | | Aggregate withdrawals/ distributions ($) | | Aggregate balance at last fiscal year end ($) | | |||||||||||||||||||||||||||||||||||||||||||||||||||
Name and Principal Position | | Executive contributions in last fiscal year ($) | | Registrant contributions in last fiscal year ($) | | Aggregate earnings in last fiscal year ($) | | Aggregate withdrawals/ distributions ($) | | Aggregate balance at last fiscal year end ($) | | |||||||||||||||||||||||||||||||||||||||||||||||||||
Daniel B. Poneman President and CEO | | | $ | 37,500.06 | | | | $ | 31,150.00 | | | | $ | (771,642) | | | | $ | — | | | | $ | 2,699,179 | | | | | $ | 30,000 | | | | $ | 29,400 | | | | $ | 798,101 | | | | | — | | | | $ | 2,853,688 | | | ||||||||||
Philip O. Strawbridge Senior Vice President, Chief Financial Officer, Chief Administrative Officer and Treasurer | | | | N/A | | | | | N/A | | | | | N/A | | | | | N/A | | | | | N/A | | | ||||||||||||||||||||||||||||||||||||
Kevin J. Harrill Senior Vice President, Chief Financial Officer, and Treasurer | | | | N/A | | | | | N/A | | | | | N/A | | | | | N/A | | | | | N/A | | | ||||||||||||||||||||||||||||||||||||
Philip O. Strawbridge Former Senior Vice President, Chief Financial Officer, Chief Administrative Officer, and Treasurer | | | | N/A | | | | | N/A | | | | | N/A | | | | | N/A | | | | | N/A | | | ||||||||||||||||||||||||||||||||||||
John M.A. Donelson Senior Vice President, Sales & Chief Marketing Officer | | | | N/A | | | | | N/A | | | | | N/A | | | | | N/A | | | | | N/A | | | | | | N/A | | | | | N/A | | | | | N/A | | | | | N/A | | | | | N/A | | | ||||||||||
Dennis J. Scott Senior Vice President, Chief Compliance Officer and Corporate Secretary | | | | N/A | | | | | N/A | | | | | N/A | | | | | N/A | | | | | N/A | | | ||||||||||||||||||||||||||||||||||||
Shahram Ghasemian Senior Vice President, General Counsel, Chief Compliance Officer and Corporate Secretary | | | | N/A | | | | | N/A | | | | | N/A | | | | | N/A | | | | | N/A | | | ||||||||||||||||||||||||||||||||||||
Dennis J. Scott Former Senior Vice President, General Counsel, Chief Compliance Officer and Corporate Secretary | | | | N/A | | | | | N/A | | | | | N/A | | | | | N/A | | | | | N/A | | | ||||||||||||||||||||||||||||||||||||
Larry B. Cutlip Senior Vice President, Field Operations | | | | N/A | | | | | N/A | | | | | N/A | | | | | N/A | | | | | N/A | | | | | | N/A | | | | | N/A | | | | | N/A | | | | | N/A | | | | | N/A | | |
Name and Principle Position | | | Voluntary Termination | | | Retirement(1) | | | Involuntary Not for Cause Termination | | | Involuntary For Cause Termination | | | Involuntary or Good Reason Termination (Change in Control) | | | Death or Disability | | ||||||||||||||||||
Daniel B. Poneman | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
Severance Payments(2) | | | | $ | 1,735,954 | | | | | $ | 1,735,954 | | | | | $ | 4,735,954 | | | | | | — | | | | | $ | 4,735,954 | | | | | $ | 1,735,954 | | |
Equity Awards | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
Retirement Plans | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
280G Gross-up | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
Continuing Benefits(3) | | | | | — | | | | | | — | | | | | $ | 69,032 | | | | | | — | | | | | $ | 69,032 | | | | | | — | | |
Philip O. Strawbridge | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
Severance Payments(2) | | | | $ | 589,000 | | | | | $ | 589,000 | | | | | $ | 1,808,960 | | | | | | — | | | | | $ | 3,617,920 | | | | | $ | 589,000 | | |
Equity Awards | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
Retirement Plans | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
280G Gross-up | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
Continuing Benefits(3) | | | | | — | | | | | | — | | | | | $ | 39,227 | | | | | | — | | | | | $ | 78,454 | | | | | | — | | |
John M.A. Donelson | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
Severance Payments(2) | | | | $ | 560,396 | | | | | $ | 560,396 | | | | | $ | 1,129,780 | | | | | | — | | | | | $ | 1,699,164 | | | | | $ | 560,396 | | |
Equity Awards | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
Retirement Plans | | | | $ | 1,901,842 | | | | | $ | 1,901,842 | | | | | $ | 1,901,842 | | | | | $ | 1,901,842 | | | | | $ | 1,901,842 | | | | | $ | 1,048,504 | | |
280G Gross-up | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
Continuing Benefits(3) | | | | | — | | | | | | — | | | | | $ | 35,322 | | | | | | — | | | | | $ | 70,644 | | | | | | — | | |
Dennis J. Scott | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
Severance Payments(2) | | | | $ | 504,085 | | | | | $ | 504,085 | | | | | $ | 1,026,085 | | | | | | — | | | | | $ | 1,548,085 | | | | | $ | 504,396 | | |
Equity Awards | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
Retirement Plans | | | | $ | 847,343 | | | | | $ | 847,343 | | | | | $ | 847,343 | | | | | $ | 847,343 | | | | | $ | 847,343 | | | | | $ | 422,702 | | |
280G Gross-up | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
Continuing Benefits(3) | | | | | — | | | | | | — | | | | | $ | 41,238 | | | | | | — | | | | | $ | 82,477 | | | | | | — | | |
Larry B. Cutlip | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
Severance Payments(2) | | | | $ | 551,279 | | | | | $ | 551,279 | | | | | $ | 1,127,279 | | | | | | — | | | | | $ | 1,703,279 | | | | | $ | 551,279 | | |
Equity Awards | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
Retirement Plans | | | | $ | 1,378,974 | | | | | $ | 1,378,974 | | | | | $ | 1,378,974 | | | | | $ | 1,378,974 | | | | | $ | 1,378,974 | | | | | $ | 716,424 | | |
280G Gross-up | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
Continuing Benefits(3) | | | | | — | | | | | | — | | | | | $ | 32,591 | | | | | | — | | | | | $ | 65,182 | | | | | | — | | |
Name and Principal Position | | | Voluntary Termination | | | Retirement(1) | | | Involuntary Not for Cause Termination | | | Involuntary For Cause Termination | | | Involuntary or Good Reason Termination (Change in Control) | | | Death | | | Disability | | |||||||||||||||||||||
Kevin J. Harrill | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
Severance Payments(2) | | | | | — | | | | | | — | | | | | $ | 540,000 | | | | | | — | | | | | $ | 1,080,000 | | | | | | — | | | | | | — | | |
Equity Awards | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
Retirement Plans | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
280G Gross-up | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
Continuing Benefits(3) | | | | | — | | | | | | — | | | | | $ | 20,100 | | | | | | — | | | | | $ | 40,201 | | | | | | — | | | | | | — | | |
John M.A. Donelson | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
Severance Payments(2) | | | | | — | | | | | | — | | | | | $ | 609,935 | | | | | | — | | | | | $ | 1,219,870 | | | | | | — | | | | | | — | | |
Equity Awards | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
Retirement Plans | | | | $ | 1,809,874 | | | | | $ | 1,809,874 | | | | | $ | 1,809,874 | | | | | $ | 1,809,874 | | | | | $ | 1,809,874 | | | | | $ | 987,792 | | | | | $ | 1,809,874 | | |
280G Gross-up | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
Continuing Benefits(3) | | | | | — | | | | | | — | | | | | $ | 52,429 | | | | | | — | | | | | $ | 104,859 | | | | | | — | | | | | | — | | |
Shahram Ghasemian | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
Severance Payments(2) | | | | | — | | | | | | — | | | | | $ | 468,000 | | | | | | — | | | | | $ | 936,000 | | | | | | — | | | | | | — | | |
Equity Awards | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
Retirement Plans | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
280G Gross-up | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
Continuing Benefits(3) | | | | | — | | | | | | — | | | | | $ | 45,659 | | | | | | — | | | | | $ | 91,318 | | | | | | — | | | | | | — | | |
Larry B. Cutlip | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
Severance Payments(2) | | | | | — | | | | | | — | | | | | $ | 642,015 | | | | | | — | | | | | $ | 1,284,030 | | | | | | — | | | | | | — | | |
Equity Awards | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
Retirement Plans | | | | $ | 1,398,227 | | | | | $ | 1,398,227 | | | | | $ | 1,398,227 | | | | | $ | 1,398,227 | | | | | $ | 1,398,227 | | | | | $ | 729,984 | | | | | $ | 1,398,227 | | |
280G Gross-up | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
Continuing Benefits(3) | | | | | — | | | | | | — | | | | | $ | 48,421 | | | | | | — | | | | | $ | 96,843 | | | | | | — | | | | | | — | | |
Plan Category | | Column (a) Number of Securities to be Issued Upon Exercise of Outstanding Options, Warrants and Rights | | Column (b) for Weighted Average Exercise Price of Outstanding Options, Warrants and Rights ($) | | Column (c) Number of Securities Remaining Available for Future Issuance under Equity Compensation Plans (Excluding Securities Reflected in Column (a)) | | | Number of Securities to be Issued Upon Exercise of Outstanding Options, Warrants and Rights | | Weighted Average Exercise Price of Outstanding Options, Warrants and Rights ($) | | Number of Securities Remaining Available for Future Issuance under Equity Compensation Plans (Excluding those Outstanding) | | ||||||||||||||||||||||||
Equity compensation plans approved by security holders | | | | 161,519 (1) | | | | | 7.94 | | | | | 522,608(2) | | | | | | 112,541(1) | | | | $ | 6.13 | | | | | 561,704(2) | | | ||||||
Equity compensation plans not approved by security holders | | | | N/A | | | | | N/A | | | | | N/A | | | | | | N/A | | | | | N/A | | | | | N/A | | | ||||||
Total | | | | 161,519 | | | | | 7.94 | | | | | 522,608 | | | | | | 112,541 | | | | $ | 6.13 | | | | | 561,704 | | |
Year | | Summary Compensation Table Total for PEO ($) | | Compensation Actually Paid to PEO ($)(1) | | Average Summary Compensation Total from Non-PEO NEOs ($) | | Average Compensation Actually Paid to Non-PEO NEOs ($) | | | Value of Initial Fixed td00 Investment Based on: | | | Net Income ($) | | Company- Selected Measure(4) | | | Summary Compensation Table Total for PEO ($) | | Compensation Actually Paid to PEO ($)(2) | | Compensation Total from Non-PEO NEOs ($) | | Compensation Actually Paid to Non-PEO NEOs ($) | | | Value of Initial Fixed td00 Investment Based on: | | | Net Income ($) | | Company- Selected Measure(5) | | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Total Stockholder Return ($)(2) | | Peer Group Total Stockholder Return ($)(3) | | | Total Stockholder Return ($)(3) | | Peer Group Total Stockholder Return ($)(4) | | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
2023 | | | $ | 1,929,231 | | | | $ | 2,018,108 | | | | $ | 712,272 | | | | $ | 763,342 | | | | $ | 791 | | | | $ | 129 | | | | $ | 84 | | | | $ | 320 | | | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||
2022 | | | $ | 2,053,876 | | | | $ | 267,187 | | | | $ | 978,537 | | | | $ | 354,454 | | | | $ | 472 | | | | $ | 104 | | | | $ | 52 | | | | $ | 294 | | | | | $ | 2,053,876 | | | | $ | 267,187 | | | | $ | 978,537 | | | | $ | 354,454 | | | | $ | 472 | | | | $ | 104 | | | | $ | 52 | | | | $ | 294 | | | ||||||||||||||||
2021 | | | $ | 2,097,289 | | | | $ | 4,604,349 | | | | $ | 1,079,074 | | | | $ | 2,812,351 | | | | $ | 725 | | | | $ | 109 | | | | $ | 175 | | | | $ | 298 | | | | | $ | 2,097,289 | | | | $ | 4,604,349 | | | | $ | 1,079,074 | | | | $ | 2,812,351 | | | | $ | 725 | | | | $ | 109 | | | | $ | 175 | | | | $ | 298 | | | ||||||||||||||||
2020 | | | $ | 2,139,517 | | | | $ | 4,991,181 | | | | $ | 1,151,585 | | | | $ | 2,430,721 | | | | $ | 336 | | | | $ | 106 | | | | $ | 54 | | | | $ | 247 | | | | | $ | 2,139,517 | | | | $ | 4,991,181 | | | | $ | 1,151,585 | | | | $ | 2,430,721 | | | | $ | 336 | | | | $ | 106 | | | | $ | 54 | | | | $ | 247 | | |
| | | 2020 | | | 2021 | | | 2022 | | |||||||||||||||||||||||||||
Adjustments | | | PEO | | | Avg. Other NEOs | | | PEO | | | Avg. Other NEOs | | | PEO | | | Avg. Other NEOs | | ||||||||||||||||||
Deduction for amounts reported in the “Stock Awards” and “Option Awards” columns in the SCT for applicable FY | | | | $ | (285,941) | | | | | $ | (67,837) | | | | | $ | (250,017) | | | | | $ | (59,318) | | | | | $ | (249,987) | | | | | $ | (80,484) | | |
Increase in fair value of awards granted during applicable FY that remain unvested as of applicable FY end, determined as of applicable FY end | | | | $ | 1,209,201 | | | | | $ | 286,873 | | | | | $ | 338,449 | | | | | $ | 80,299 | | | | | $ | 240,937 | | | | | $ | 77,570 | | |
Change in fair value of awards granted during prior FY that were outstanding and unvested as of applicable FY end, determined based on change in fair value from prior FY end to applicable FY end | | | | $ | 1,928,404 | | | | | $ | 1,222,003 | | | | | $ | 2,547,584 | | | | | $ | 1,267,891 | | | | | $ | (1,136,420) | | | | | $ | (356,017) | | |
Change in fair value of awards granted during prior FY that vested during applicable FY, determined based on change in fair value from prior FY end to vesting date | | | | $ | — | | | | | $ | — | | | | | $ | (128,956) | | | | | $ | 444,406 | | | | | $ | (641,219) | | | | | $ | (265,152) | | |
Reduction for values reported in the “Change in Pension Value and Nonqualified Deferred Compensation Earnings” column of the SCT for applicable FY | | | | | N/A | | | | | $ | (161,902) | | | | | | N/A | | | | | | N/A | | | | | | N/A | | | | | | N/A | | |
Increase for Service Cost and, if applicable, Prior Service Cost for pension plans | | | | | N/A | | | | | $ | — | | | | | | N/A | | | | | | N/A | | | | | | N/A | | | | | | N/A | | |
Total adjustments | | | | $ | 2,851,664 | | | | | $ | 1,279,136 | | | | | $ | 2,507,060 | | | | | $ | 1,733,277 | | | | | $ | (1,786,689) | | | | | $ | (624,083) | | |
Year | | | Deduction for amounts reported in the “Stock Awards” and “Option Awards” columns in the SCT for applicable FY | | | Increase in fair value of awards granted during applicable FY, determined as of applicable FY end | | | Change in fair value of awards granted during prior FY that were outstanding and unvested as of applicable FY end, determined based on change in fair value from prior FY end to applicable FY end | | | Change in fair value of awards granted during prior FY that vested during prior FY, determined based on change in fair value from prior FY end to vesting date | | | Reduction for values reported in the “Change in Pension Value and Nonqualified Deferred Compensation Earnings” column of the SCT for applicable FY | | | Increase for Service Cost and, if applicable, Prior Service Cost for pension plans | | | Total adjustments | | |||||||||||||||||||||
PEO | | | | | | | | | |||||||||||||||||||||||||||||||||||
2023 | | | | $ | (249,923) | | | | | $ | 318,462 | | | | | $ | 178,310 | | | | | $ | (43,965) | | | | | $ | (114,007) | | | | | | — | | | | | $ | 88,877 | | |
2022 | | | | $ | (249,987) | | | | | $ | 240,937 | | | | | $ | (1,136,420) | | | | | $ | (641,219) | | | | | | — | | | | | | — | | | | | $ | (1,786,689) | | |
2021 | | | | $ | (250,017) | | | | | $ | 338,449 | | | | | $ | 2,547,584 | | | | | $ | (128,956) | | | | | | — | | | | | | — | | | | | $ | 2,507,060 | | |
2020 | | | | $ | (285,941) | | | | | $ | 1,209,201 | | | | | $ | 1,928,404 | | | | | | — | | | | | | — | | | | | | — | | | | | $ | 2,851,664 | | |
Avg. Other NEOs | | | |||||||||||||||||||||||||||||||||||||||||
2023 | | | | $ | (67,523) | | | | | $ | 86,040 | | | | | $ | 56,164 | | | | | $ | (9,143) | | | | | $ | (11,259) | | | | | $ | (3,209) | | | | | $ | 51,070 | | |
2022 | | | | $ | (80,484) | | | | | $ | 77,570 | | | | | $ | (356,017) | | | | | $ | (265,152) | | | | | | — | | | | | | — | | | | | $ | (624,083) | | |
2021 | | | | $ | (59,318) | | | | | $ | 80,299 | | | | | $ | 1,267,891 | | | | | $ | 444,406 | | | | | | — | | | | | | — | | | | | $ | 1,733,277 | | |
2020 | | | | $ | (67,837) | | | | | $ | 286,873 | | | | | $ | 1,222,003 | | | | | | — | | | | | | — | | | | | $ | (161,902) | | | | | $ | 1,279,136 | | |
Type of Fee | | Amount Billed For Year Ended December 31, 2022 | | Amount Billed For Year Ended December 31, 2021 | | | Amount Billed For Year Ended December 31, 2023 | | Amount Billed For Year Ended December 31, 2022 | | ||||||||||||||||
| | (In thousands) | | (In thousands) | | | (In thousands) | | (In thousands) | | ||||||||||||||||
Audit Fees(1) | | | $ | 1,571 | | | | $ | 1,465 | | | | | $ | 1,066 | | | | $ | 1,571 | | | ||||
Audit-Related Fees | | | | — | | | | | — | | | | | | — | | | | | — | | | ||||
Tax Fees(2) | | | $ | 67 | | | | $ | 74 | | | | | $ | 138 | | | | $ | 67 | | | ||||
All Other Fees(3) | | | $ | 4 | | | | $ | 3 | | | | | $ | 7 | | | | $ | 4 | | | ||||
Total | | | $ | 1,643 | | | | $ | 1,542 | | | | | $ | 1,211 | | | | $ | 1,643 | | |