SUMMARY COMPENSATION TABLE FOR
20192021
The following table sets forth summary information concerning the total compensation earned by our NEOs for each of the last three completed fiscal years.
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Name and Principal Position | | Year | | Salary ($)(1) | | Stock Awards ($)(2) | | Non-Equity Incentive Plan Compensation ($)(3) | | All Other Compensation ($)(4) | | Total ($) | | |
Lee Roy Mitchell | | 2019 | | 1,000,001 | | | | 1,414,002 | | 24,089 | | 2,438,092 | | |
Chairman of the Board | | 2018 | | 975,000 | | - | | 1,036,426 | | 23,900 | | 2,035,326 | | |
| | 2017 | | 958,645 | | - | | 1,426,464 | | 21,586 | | 2,406,695 | | |
Mark Zoradi | | 2019 | | 1,100,000 | | 3,099,012 | | 1,944,250 | | 165,517 | | 6,308,779 | | |
Chief Executive Officer | | 2018 | | 1,000,000 | | 3,049,518 | | 1,063,000 | | 132,738 | | 5,245,256 | | |
| | 2017 | | 950,000 | | 2,114,475 | | 1,320,500 | | 104,845 | | 4,489,820 | | |
Sean Gamble Chief Operating Officer & Chief FinancialOfficer | | 2019 | | 625,000 | | 1,119,263 | | 837,562 | | 107,773 | | 2,689,598 | | |
| 2018 | | 600,000 | | 1,186,109 | | 617,072 | | 61,796 | | 2,464,977 | | |
| 2017 | | 525,000 | | 779,015 | | 664,020 | | 47,280 | | 2,015,315 | | |
Michael Cavalier | | 2019 | | 540,000 | | 833,712 | | 723,654 | | 108,139 | | 2,205,505 | | |
Executive Vice President – General Counsel & Secretary | | 2018 | | 525,000 | | 918,064 | | 539,938 | | 123,311 | | 2,106,313 | | |
| 2017 | | 500,000 | | 667,666 | | 632,400 | | 96,969 | | 1,897,035 | | |
Valmir Fernandes President – Cinemark International | | 2019 | | 540,000 | | 698,698 | | 615,762 | | 109,796 | | 1,964,256 | | |
| 2018 | | 525,000 | | 795,705 | | 357,000 | | 128,448 | | 1,806,153 | | |
| 2017 | | 508,000 | | 628,178 | | 538,455 | | 103,858 | | 1,778,491 | | |
| Lee Roy Mitchell
Executive Chairman of the Board | | | 2021 | | | 1,020,001 | | | — | | | — | | | 1,275,001 | | | 13,532 | | | 2,308,534 | |
| 2020 | | | 589,394 | | | — | | | 764,998 | | | — | | | 25,688 | | | 1,380,080 | |
| 2019 | | | 1,000,001 | | | — | | | — | | | 1,414,002 | | | 24,089 | | | 2,438,092 | |
| Mark Zoradi
Chief Executive Officer | | | 2021 | | | 1,100,000 | | | — | | | 4,399,998 | | | 1,718,750 | | | 334,524 | | | 7,553,272 | |
| 2020 | | | 740,632 | | | — | | | 5,761,220 | | | — | | | 413,437 | | | 6,915,289 | |
| 2019 | | | 1,100,000 | | | — | | | 3,099,012 | | | 1,944,250 | | | 165,517 | | | 6,308,779 | |
| Sean Gamble(5)
President and Chief Operating Officer; former Executive Vice President-Chief Financial Officer | | | 2021 | | | 687,857 | | | — | | | 1,460,279 | | | 963,000 | | | 24,522 | | | 3,135,657 | |
| 2020 | | | 521,435 | | | — | | | 1,821,528 | | | — | | | 116,007 | | | 2,458,970 | |
| 2019 | | | 625,000 | | | — | | | 1,119,263 | | | 837,562 | | | 107,773 | | | 2,689,598 | |
| Michael Cavalier
Executive Vice President –General Counsel & Business Affairs | | | 2021 | | | 563,578 | | | — | | | 920,112 | | | 672,067 | | | 29,086 | | | 2,184,842 | |
| 2020 | | | 440,923 | | | — | | | 1,323,650 | | | — | | | 107,592 | | | 1,872,165 | |
| 2019 | | | 540,000 | | | — | | | 833,712 | | | 723,654 | | | 108,139 | | | 2,205,505 | |
| Valmir Fernandes
President – Cinemark International | | | 2021 | | | 555,012 | | | — | | | 709,001 | | | 661,852 | | | 31,775 | | | 1,957,640 | |
| 2020 | | | 441,633 | | | — | | | 1,184,878 | | | — | | | 114,810 | | | 1,741,321 | |
| 2019 | | | 540,000 | | | — | | | 698,698 | | | 615,762 | | | 109,796 | | | 1,964,256 | |
| Melissa Thomas Executive Vice President – Chief Financial Officer | | | 2021 | | | 95,833 | | | 500,000 | | | 3,621,972 | | | — | | | — | | | 4,217,805 | |
(1)
| The reported amounts for 2020 are the actual amounts earned during 2020 reflecting the reductions in base salary from April through August 2020. SeeExecutive Compensation Components-Base Salaryfor a discussion ofdiscussions on how base salary is determined. See 2019 Compensation Mix forMs. Thomas was employed as of November 8, 2021. The amount shown reflects the percentagepro-rata amount paid during 2021 based upon an annual salary of 2019 target compensation$575,000. |
(2)
| Ms. Thomas was entitled to a $500,000 sign-on bonus paid on the same date as base salary.the 2021 bonuses are paid. |
(2)(3)
| The reported numbers reflect the aggregate grant date fair market values of the annual restricted stock awards granted in February of each year, the retention equity grant awarded in August 2020, the bonus equity grant awarded in December 2020, the merit increase grants on March 10, 2021 and the restricted stock units at targetspecial grants to Messrs. Gamble and Cavalier on July 28, 2021 as part of the most probable outcome, computedreorganization of the executive leadership team announced in accordanceconnection with FASB ASC Topic 718. The amounts shown excludeMr. Zoradi’s retirement. Ms. Thomas was granted 163,816 shares of Restricted Stock as part of her Employment Agreement which will vest over 4 years. For more information on the impactvesting of estimated forfeitures. See Note 16Ms. Thomas’s grant refer to the Company’s 2019current report on Form 8-K filed with the SEC on October 13, 2021. See 10-KExecutive Compensation Components-Long-term Incentive Compensation Prior to the COVID-19 Pandemic and Changes to Long-Term Incentive Compensation Due to COVID-19 Pandemic for a discussion of the assumptions used in determining the grant date fair values of thesediscussions on how long-term equity incentive awards, including forfeiture assumptionscompensation is set and the period over which the Company will recognize compensation expense for such awards.annual grant awarded in February. |
The grant date fair values were calculated based on the closing price of Common Stock on February 18, 2021 of $21.01, March 9, 2021 of $23.98, July 27, 2021 of $16.08, December 14, 2020 of $15.70, August 18, 2020 of $11.04, February 18, 2020 of $31.71, and February 19, 2019 of $36.77 per share. The grant date fair value of the restricted stock issued to Ms. Thomas were calculated based on the closing price of Common Stock on November 5, 2021 of $22.11. The fair market values of the performance-based performance stock units are based on target achievement as the most probable outcome, computed in accordance with FASB