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| TIME | | | | |
| PLACE | | | http://web.lumiagm.com/271307858 | |
| RECORD DATE | | | You are entitled to vote only if you were a stockholder of record at the close of business on March | |
| | Proposal | | Board Recommendation | | See Page | | | Proposal | | Board Recommendation | | See Page | | ||||||
(1) | | To elect four Class I directors for three-year terms expiring at the 2024 annual meeting of stockholders once their respective successors have been duly elected and qualified or until their earlier resignation or removal. | | FOR each Nominee | | 8 | | | To elect eleven directors for a one-year term expiring at the 2025 Annual Meeting of stockholders once their respective successors have been duly elected and qualified or until their earlier resignation or removal. | | FOR each Nominee | | | |||||||
(2) | | To ratify the appointment of Ernst & Young LLP as independent auditors for our 2021 fiscal year. | | FOR | | 20 | | | To ratify the appointment of Ernst & Young LLP as independent auditors for our 2024 fiscal year. | | FOR | | | |||||||
(3) | | To approve, by non-binding vote, the compensation paid to our named executive officers for the fiscal year ended December 31, 2020, as disclosed in these proxy materials (commonly known as a “say-on-pay” proposal). | | FOR | | 49 | | | To approve, by non-binding vote, the compensation paid to our named executive officers for the fiscal year ended December 28, 2023, as disclosed in these proxy materials (commonly known as a “say-on-pay” proposal). | | FOR | | | |||||||
(4) | | To approve amendments to our Restated Certificate of Incorporation (the “Charter”) to declassify our Board of Directors. | | FOR | | 54 | | | To recommend, by non-binding vote, the frequency of future advisory votes on executive compensation (commonly known as a “say-on-frequency” proposal). | | 1 year | | | |||||||
(5) | | To approve amendments to our Charter to eliminate supermajority voting requirements and other obsolete provisions, including the elimination of Class B Common Stock and Class C Common Stock. | | FOR | | 56 | | | To transact such other business as may properly be brought before the Annual Meeting or any adjournment or postponement thereof. | | | | | |||||||
(6) | | To transact such other business as may properly be brought before the Annual Meeting or any adjournment or postponement thereof. | | FOR | | 58 | |
Name | | | Age | | | Director Since | | | Principal Occupation | | | Committees | |
Norman Axelrod | | | 71 | | | November 2010 | | | Former CEO, Linens ‘n Things | | | Compensation Committee | |
William Giles | | | 64 | | | April 2021 | | | Former CFO, AutoZone | | | Audit Committee | |
Dwight James | | | 50 | | | September 2021 | | | Senior Vice President, Delta Air Lines, Inc. | | | Nominating and Corporate Governance Committee | |
Melissa Kersey | | | 49 | | | May 2023 | | | EVP & CHRO, Tractor Supply Company | | | Compensation Committee | |
Ryan Marshall | | | 49 | | | January 2021 | | | CEO, PulteGroup, Inc. | | | Audit Committee | |
Peter Starrett | | | 76 | | | November 2010 | | | Former President, Warner Bros. Studio Stores Worldwide | | | Compensation Committee | |
Richard Sullivan | | | 67 | | | April 2017 | | | CEO, PGA TOUR Superstore | | | Audit Committee | |
Thomas Taylor | | | 58 | | | December 2012 | | | CEO of Floor & Decor Holdings, Inc. | | | None | |
Felicia Thornton | | | 60 | | | April 2017 | | | Former Interim CEO, 99 Cents Only Stores LLC | | | Nominating and Corporate Governance Committee | |
George Vincent West | | | 69 | | | 2000 | | | Founder, Floor & Decor | | | None | |
Charles Young | | | 55 | | | January 2021 | | | President and Chief Operating Officer of Invitation Homes Inc. | | | Nominating and Corporate Governance Committee | |
| | | Proposal | | | Vote Required | |
1 | | | The election of | | | A “FOR” vote by a majority of votes cast | |
2 | | | The ratification of EY as independent auditors for our | | | A “FOR” vote by a majority of votes cast | |
3 | | | The Say-On-Pay Proposal | | | A “FOR” vote by a majority of votes cast | |
4 | | | The | | | A “FOR” vote by a | |
|
Skills & Experience | | Norman A. Axelrod | | Ryan Marshall | | Richard L. Sullivan | | Felicia D. Thornton | | Charles Young | | Thomas V. Taylor | | Kamy Scarlett | | David B. Kaplan | | Peter M. Starrett | | George Vincent West | | | Norman Axelrod | | William Giles | | Dwight James | | Melissa Kersey | | Ryan Marshall | | Richard Sullivan | | Peter M. Starrett | | Thomas Taylor | | Felicia Thornton | | George Vincent West | | Charles Young | | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Audit & Financial Expertise | | | | | | | | | X | | | | | X | | | | | X | | | | | | | | | | | | | | | | | | | | X | | | | | X | | | | | X | | | | | | | | | | | X | | | | | X | | | | | | | | | | X | | | | | X | | | | | X | | | | | | | | | | X | | | | | X | | | | | | | | |||||||||||||||||||||
Corporate Strategy & Business Development | | | | X | | | | | X | | | | | X | | | | | X | | | | | X | | | | | X | | | | | X | | | | | X | | | | | X | | | | | X | | | | | | X | | | | | X | | | | | X | | | | | X | | | | | X | | | | | X | | | | | X | | | | | X | | | | | X | | | | | X | | | | | X | | | |||||||||||||||||||||
Corporate Governance | | | | | | | | | X | | | | | | | | | | X | | | | | | | | | | | | | | | | | | | | X | | | | | X | | | | | | | | | | | | | | | | | | | | | X | | | | | X | | | | | X | | | | | | | | | | X | | | | | | | | | | X | | | | | | | | | | X | | | |||||||||||||||||||||
Ethics/Social Responsibility Oversight | | | | | | | | | X | | | | | | | | | | X | | | | | | | | | | | | | | | X | | | | | | | | | | | | | | | | | | | | | | | | | | X | | | | | | | | | | X | | | | | X | | | | | | | | | | | | | | | | | | | | X | | | | | | | | | | | | | |||||||||||||||||||||
Consumer Goods | | | | X | | | | | | | | | | X | | | | | X | | | | | | | | | | X | | | | | X | | | | | X | | | | | | | | | | X | | | | | | X | | | | | X | | | | | X | | | | | X | | | | | | | | | | X | | | | | X | | | | | X | | | | | X | | | | | X | | | | | | | | |||||||||||||||||||||
Retail Chains | | | | X | | | | | | | | | | X | | | | | X | | | | | | | | | | X | | | | | X | | | | | X | | | | | X | | | | | X | | | | | | X | | | | | X | | | | | X | | | | | X | | | | | | | | | | X | | | | | X | | | | | X | | | | | X | | | | | X | | | | | | | | |||||||||||||||||||||
CEO | | | | X | | | | | X | | | | | X | | | | | X | | | | | | | | | | X | | | | | | | | | | X | | | | | X | | | | | X | | | | | | X | | | | | | | | | | X | | | | | | | | | | X | | | | | X | | | | | X | | | | | X | | | | | X | | | | | X | | | | | | | | |||||||||||||||||||||
Mergers & Acquisitions | | | | | | | | | X | | | | | | | | | | X | | | | | X | | | | | | | | | | X | | | | | X | | | | | X | | | | | | | | | | | | | | | | X | | | | | X | | | | | | | | | | X | | | | | | | | | | | | | | | | | | | | X | | | | | | | | | | X | | | |||||||||||||||||||||
Risk Oversight | | | | | | | | | X | | | | | | | | | | X | | | | | | | | | | | | | | | | | | | | X | | | | | | | | | | | | | | | | | | | | | X | | | | | | | | | | | | | | | X | | | | | | | | | | | | | | | | | | | | X | | | | | | | | | | | | | |||||||||||||||||||||
Company Founder | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | X | | | | | | | | | | X | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | X | | | | | | | | |||||||||||||||||||||
Real Estate | | | | | | | | | X | | | | | X | | | | | X | | | | | X | | | | | X | | | | | X | | | | | X | | | | | X | | | | | X | | | | | | X | | | | | X | | | | | | | | | | | | | | | X | | | | | | | | | | X | | | | | X | | | | | X | | | | | X | | | | | X | | | |||||||||||||||||||||
Home Improvement | | | | X | | | | | | | | | | X | | | | | | | | | | | | | | | X | | | | | | | | | | | | | | | | | | | | X | | | | | | | | | | | | | | | | X | | | | | | | | | | | | | | | X | | | | | | | | | | X | | | | | | | | | | X | | | | | | | | |||||||||||||||||||||
High Growth | | | | | | | | | | | | | | X | | | | | X | | | | | X | | | | | X | | | | | X | | | | | X | | | | | X | | | | | X | | | | | | X | | | | | | | | | | X | | | | | X | | | | | | | | | | X | | | | | X | | | | | X | | | | | | | | | | X | | | | | X | | | |||||||||||||||||||||
Digital/Omni-Channel | | | | | | | | | | | | | | X | | | | | X | | | | | | | | | | | | | | | X | | | | | X | | | | | X | | | | | | | | | | | | | | | | X | | | | | X | | | | | | | | | | | | | | | X | | | | | X | | | | | | | | | | X | | | | | | | | | | | | | |||||||||||||||||||||
Human Capital/Compensation Oversight | | | | X | | | | | X | | | | | X | | | | | X | | | | | X | | | | | X | | | | | X | | | | | X | | | | | X | | | | | X | | | | | | X | | | | | | | | | | X | | | | | X | | | | | X | | | | | X | | | | | X | | | | | X | | | | | X | | | | | X | | | | | X | | | |||||||||||||||||||||
International | | | | | | | | | | | | | | | | | | | X | | | | | | | | | | X | | | | | X | | | | | X | | | | | X | | | | | | | | | | | | | | | | X | | | | | X | | | | | X | | | | | | | | | | | | | | | X | | | | | X | | | | | X | | | | | | | | | | | | | |||||||||||||||||||||
Commercial or B-to-B | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | X | | | | | | | | | | X | | | | | | | | | | | X | | | | | | | | | | | | | | | X | | | | | | | | | | | | | | | X | | | | | X | | | | | X | | | | | X | | | |||||||||||||||||||||
Years on Board | | | | 13 | | | | | 3 | | | | | 3 | | | | | 1 | | | | | 3 | | | | | 7 | | | | | 13 | | | | | 11 | | | | | 7 | | | | | 24 | | | | | 3 | | | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Demographic Background | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |||||||||||||||||||
Years on Board | | | | 9.1 | | | | | Less than1 | | | | | 3.8 | | | | | 3.8 | | | | | Less than1 | | | | | 8.1 | | | | | Less than1 | | | | | 10.3 | | | | | 10.2 | | | | | 21 | | | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Gender | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |||||||||||||||||||||
Male | | | | X | | | | | X | | | | | X | | | | | | | | | | X | | | | | X | | | | | | | | | | X | | | | | X | | | | | X | | | | | | X | | | | | X | | | | | X | | | | | | | | | | X | | | | | X | | | | | X | | | | | X | | | | | | | | | | X | | | | | X | | | |||||||||||||||||||||
Female | | | | | | | | | | | | | | | | | | | X | | | | | | | | | | | | | | | X | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | X | | | | | | | | | | | | | | | | | | | | | | | | | X | | | | | | | | | | | | | |||||||||||||||||||||
Age | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | 71 | | | | | 64 | | | | | 50 | | | | | 49 | | | | | 49 | | | | | 67 | | | | | 76 | | | | | 58 | | | | | 60 | | | | | 69 | | | | | 55 | | | |||||||||||||||||||||
| | | | 68 | | | | | 46 | | | | | 64 | | | | | 57 | | | | | 52 | | | | | 55 | | | | | 57 | | | | | 53 | | | | | 73 | | | | | 66 | | | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Race/Ethnicity | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |||||||||||||||||||||
African American/Black | | | | | | | | | | | | | | | | | | | | | | | | X | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | X | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | X | | | |||||||||||||||||||||
Asian, Hawaiian, or Pacific Islander | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |||||||||||||||||||||
White/Caucasian | | | | X | | | | | X | | | | | X | | | | | | | | | | | | | | | X | | | | | X | | | | | X | | | | | X | | | | | X | | | | | | X | | | | | X | | | | | | | | | | X | | | | | X | | | | | X | | | | | X | | | | | X | | | | | | | | | | X | | | | | | | | |||||||||||||||||||||
Hispanic/Latino | | | | | | | | | | | | | | | | | | | X | ��� | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Number of Public Boards | | | | 1 | | | | | 2 | | | | | 1 | | | | | 3 | | | | | 2 | | | | | 2 | | | | | 1 | | | | | 2 | | | | | 2 | | | | | 1 | | |
Skills & Experience | | | Norman Axelrod | | | William Giles | | | Dwight James | | | Melissa Kersey | | | Ryan Marshall | | | Richard Sullivan | | | Peter M. Starrett | | | Thomas Taylor | | | Felicia Thornton | | | George Vincent West | | | Charles Young | | |||||||||||||||||||||||||||||||||
Hispanic/Latino | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | X | | | | | | | | | | | | | | |
Number of Public Boards | | | | | 2 | | | | | | 2 | | | | | | 2 | | | | | | 1 | | | | | | 2 | | | | | | 1 | | | | | | 2 | | | | | | 2 | | | | | | 2 | | | | | | 1 | | | | | | 1 | | |
| | Fiscal 2020 | | Fiscal 2019 | | | Fiscal 2023 | | Fiscal 2022 | | ||||||||||||||||
Audit Fees | | | $ | 1,907,928(1) | | | | $ | 2,423,577(1) | | | | | $ | 2,388,290 (1) | | | | $ | 2,057,083(1) | | | ||||
Audit-Related Fees | | | | — | | | | | — | | | |||||||||||||||
Audit-related Fees | | | | — | | | | | 30,038(2) | | | |||||||||||||||
Tax Fees | | | | 448,687(2) | | | | | 155,000(2) | | | | | | 338,786(3) | | | | | 224,978(3) | | | ||||
All Other Fees | | | | — | | | | | — | | | | | | — | | | | | — | | | ||||
| | | $ | 2,356,615 | | | | $ | 2,578,577 | | | | | $ | 2,727,076 | | | | $ | 2,312,099 | | |
Name | | | Age | | | Position | |
Thomas V. Taylor | | | | | Chief Executive Officer and a Director | | |
Bryan H. Langley | | | 38 | | | Executive Vice President, Chief Financial Officer | |
Trevor S. Lang | | | | | |||
| |||||||
David V. Christopherson | | | | | Executive Vice President, | | |
Steven A. Denny | | | | | Executive Vice President, Store Operations | | |
Ersan Sayman | | | 51 | | | Executive Vice President, Merchandising | |
| Core Principles | | |||
| Simplicity and Transparency | | | Base salary, incentive compensation and equity awards should be easy for executives and for our shareholders to understand. | |
| Linked to our Strategy | | | Our pay design should create a direct bridge to our strategy, and clearly reflect our key short- and long-term business objectives. | |
| Attractive Compensation for Top Talent | | | Pay quantums and design should be compelling enough to attract the best talent we can to support the successful execution of our strategies. | |
| Pay for Performance | | | Compensation should be paid only when financial performance levels | |
| Appropriate Risk Orientation | | | The more senior a role, the more the total mix of that role’s compensation should be “at risk.” However, our compensation programs | |
| What We Do | | | What We Don’t Do | |
| ✓ Pay-for-Performance: Majority of fiscal year pay is performance-based and not guaranteed ✓ Annual Compensation Risk Review: Our Compensation Committee annually assesses risk in compensation programs associated with regulatory, stockholder and market changes ✓ Share Ownership Guidelines: We maintain meaningful share ownership guidelines ✓ Annual Assessment of Compensation Program: Our Compensation Committee annually assesses the design and alignment of our incentive plans in relation to performance goals, business strategy, organizational priorities and shareholder interests ✓ Maximum Payouts: We limit both short-term and long-term incentive payouts as a percentage of target awards ✓ Clawback Policies: All cash-based incentive or performance-based equity compensation granted to our NEOs is subject to our Clawback Policies | | | X No Excise Tax Gross-ups: The Company does not provide any excise tax gross-up payments in connection with a change in control | |
X | No Tax Gross-ups for Perquisites: The Company does not provide tax gross-ups to NEOs for the | ||||
X | No Hedging or Pledging: NEOs are prohibited from engaging in hedging transactions, pledging Company stock as collateral and similar arrangements with respect to the Company’s securities X No Problematic Option Practices: The Company does not have a practice of granting discounted stock options, extending the original option term, or repricing or exchanging underwater options | |
Name | | Fiscal 2019 Base Salary | | Fiscal 2020 Base Salary | | | Fiscal 2022 Base Salary | | Fiscal 2023 Base Salary | | ||||||||||||||||
Thomas V. Taylor | | | $ | 950,000 | | | | $ | 1,000,000 | | | | | $ | 1,030,000 | | | | $ | 1,060,000 | | | ||||
Bryan H. Langley | | | $ | 375,000 | | | | $ | 400,000 | | | |||||||||||||||
Trevor S. Lang | | | $ | 435,000 | | | | $ | 460,000 | | | | | $ | 575,000 | | | | $ | 625,000 | | | ||||
Lisa G. Laube | | | $ | 505,000 | | | | $ | 555,000 | | | |||||||||||||||
David V. Christopherson | | | $ | 450,000 | | | | $ | 475,000 | | | |||||||||||||||
Brian K. Robbins | | | $ | 400,000 | | | | $ | 420,000 | | | | | $ | 450,600 | | | | $ | 465,000 | | | ||||
David V. Christopherson | | | $ | 345,000 | | | | $ | 375,000 | | |
Name | | | Percentage of Base Salary Waived | | | Amount of Fiscal 2020 Base Salary Waived | | ||||||
Thomas V. Taylor | | | | | 100% | | | | | $ | 277,459 | | |
Trevor S. Lang | | | | | 50% | | | | | $ | 53,077 | | |
Lisa G. Laube | | | | | 50% | | | | | $ | 64,038 | | |
Brian K. Robbins | | | | | 30% | | | | | $ | 19,385 | | |
David V. Christopherson | | | | | 30% | | | | | $ | 17,308 | | |
Name | | | Target 2023 Bonus as a % of Base Salary | | | Target 2023 Bonus ($) | | ||||||
Thomas V. Taylor | | | | | 125% | | | | | $ | 1,325,000 | | |
Bryan H. Langley | | | | | 60% | | | | | $ | 240,000 | | |
Trevor S. Lang | | | | | 70% | | | | | $ | 437,500 | | |
David V. Christopherson | | | | | 65% | | | | | $ | 308,750 | | |
Brian K. Robbins | | | | | 65% | | | | | $ | 302,250 | | |
Performance Metric | | | Threshold ($ in millions) | | | Target ($ in millions) | | | Maximum ($ in millions) | | | Weighting (%) | | ||||||||||||
Net Sales | | | | $ | 4,420.7 | | | | | $ | 4,778.1 | | | | | $ | 5,016.0 | | | | | | 20% | | |
Operating Income | | | | $ | 346.6 | | | | | $ | 431.0 | | | | | $ | 479.4 | | | | | | 80% | | |
Performance Metric | | | Target ($s in millions) | | | Actual ($s in millions) | | | Percentage of Target (%) | | | Weighting (%) | | | Payout (%) | | |||||||||||||||
Net Sales | | | | $ | 2,512.7 | | | | | $ | 2,425.8 | | | | | | 96.5% | | | | | | 20% | | | | | | 40.3% | | |
Operating Income* | | | | $ | 197.1 | | | | | $ | 218.2 | | | | | | 110.7% | | | | | | 80% | | | | | | 154.4% | | |
Name | | | Target Annual Incentive | | | Target Annual Incentive % | | | Annual Incentive Payout | | | Actual Payout Percentage | | ||||||||||||
Thomas V. Taylor | | | | $ | 990,385 | | | | | | 100% | | | | | $ | 1,303,143 | | | | | | 131.6% | | |
Trevor S. Lang | | | | $ | 295,875 | | | | | | 65% | | | | | $ | 389,311 | | | | | | 131.6% | | |
Lisa G. Laube | | | | $ | 381,769 | | | | | | 70% | | | | | $ | 502,330 | | | | | | 131.6% | | |
Brian K. Robbins | | | | $ | 249,692 | | | | | | 60% | | | | | $ | 328,544 | | | | | | 131.6% | | |
David V. Christopherson | | | | $ | 221,539 | | | | | | 60% | | | | | $ | 291,499 | | | | | | 131.6% | | |
Performance Metric | | | Target ($s in millions) | | | Actual ($s in millions) | | | Percentage of Target (%) | | | Weighting (%) | | | Payout (%) | | |||||||||||||||
Net Sales | | | | $ | 4,778.1 | | | | | $ | 4,413.9 | | | | | | 92.4% | | | | | | 20% | | | | | | 0.0% | | |
Operating Income* | | | | $ | 431.0 | | | | | $ | 327.1 | | | | | | 75.9% | | | | | | 80% | | | | | | 0.0% | | |
Name | | | RSUs Granted (#) | | | PSUs Granted (#)* | | ||||||
Thomas V. Taylor | | | | | 20,525 | | | | | | 20,525 | | |
Bryan H. Langley | | | | | 2,767 | | | | | | 2,767 | | |
Trevor S. Lang | | | | | 4,426 | | | | | | 4,426 | | |
David V. Christopherson | | | | | 3,873 | | | | | | 3,873 | | |
Brian K. Robbins | | | | | 3,043 | | | | | | 3,043 | | |
Name | | | Stock Options Granted (#) | | | Restricted Shares Granted (#) | | ||||||
Thomas V. Taylor | | | | | 56,500 | | | | | | 7,150 | | |
Trevor S. Lang | | | | | 16,265 | | | | | | 2,059 | | |
Lisa G. Laube | | | | | 17,978 | | | | | | 2,275 | | |
Brian K. Robbins | | | | | 10,342 | | | | | | 1,309 | | |
David V. Christopherson | | | | | 10,342 | | | | | | 1,309 | | |
Three-Year Average ROIC | | | Adjusted EBIT | | | Percent of PSUs Vested | | |
Equal to or greater than 13.0% | | | Equal to or greater than but less than $620,600,000 (Represents CAGR of 12%) | | | 50% | | |
| Equal to or greater than $620,600,000but less than $695,200,000 (Represents CAGR of 16%) | | | 100% | | |||
| Equal to or greater than $695,200,000 but less than $765,800,000 (Represents CAGR of 20%) | | | 150% | | |||
| Equal or greater than $765,800,000 (Represents CAGR of 24%) | | | 200% | |
Equity Vehicle | | | Percentage of Total Special PSUs Granted | | |||
Performance- and service-based Special PSUs | | | | | 67% | | |
Service-based Special PSUs | | | | | 33% | | |
Performance Goal | | | Percentage of Total Special PSUs Granted | | |||
Adjusted EBIT/Average Adjusted EBIT ROIC Special PSUs | | | | | 45% | | |
Relative Total Shareholder Return (rTSR) Special PSUs | | | | | 22% | | |
NEO | | | Continued Service Through Date | | | Percent Vesting | |
Mr. Taylor | | | First Anniversary of Grant Date | | | 0% | |
| Second Anniversary of Grant Date | | | 33% | | ||
| Third Anniversary of Grant Date | | | 67% | | ||
Other NEOs | | | First Anniversary of Grant Date | | | 0% | |
| Second Anniversary of Grant Date | | | 25% | | ||
| Third Anniversary of Grant Date | | | 25% | | ||
| Fourth Anniversary of Grant Date | | | 50% | |
Three-Year Average Adjusted EBIT ROIC | | | Adjusted EBIT | | | Percent of PSUs Vested | |
Equal to or greater than 13.0% | | | Equal to or greater than $610,300,000 but less than $693,000,000 (Represents CAGR of 15%) | | | 50% (Threshold) | |
| Equal to or greater than $693,000,000 but less than $783,200,000 (Represents CAGR of 20%) | | | 100% (Target) | | ||
| Equal to or greater than $783,200,000 (Represents CAGR of 25%) | | | 150% (Maximum) | |
| Average Three-year TSR | | | Percent of rTSR PSUs Vested | |
| 35th Percentile | | | 50% (Threshold) | |
| 55th Percentile | | | 100% (Target) | |
| 75th Percentile | | | 150% (Maximum) | |
| Williams-Sonoma, Inc. Ulta Beauty, Inc. Tractor Supply Company Haverty Furniture Companies, Inc. Ethan Allen Interiors Inc. The Home Depot, Inc. Interface, Inc. Trex Company, Inc. The Sherwin-Williams Company | | | Five Below, Inc. Sleep Number Corporation Lowe’s Companies, Inc. Mohawk Industries ,inc. LL Flooring Holdings, Inc. Tile Shop Holdings, Inc. The Aaron’s Company, Inc. Ferguson plc | |
| | | | | | | | | Vesting Criteria Applicable to PRSs | | |||||||||||||||
Name | | | PRSs Granted (#) | | | Adjusted EBIT / Average Adjusted EBIT ROIC PRSs (#)(1) | | | rTSR PRSs (#)(2) | | | Service PRSs (#)(3) | | ||||||||||||
Thomas V. Taylor | | | | | 186,445 | | | | | | 86,656 | | | | | | 56,461 | | | | | | 43,328 | | |
Trevor S. Lang | | | | | 55,935 | | | | | | 25,997 | | | | | | 16,939 | | | | | | 12,999 | | |
Lisa G. Laube | | | | | 55,935 | | | | | | 25,997 | | | | | | 16,939 | | | | | | 12,999 | | |
Brian K. Robbins | | | | | 27,969 | | | | | | 12,999 | | | | | | 8,470 | | | | | | 6,500 | | |
David V. Christopherson | | | | | 18,646 | | | | | | 8,666 | | | | | | 5,647 | | | | | | 4,333 | | |
Name | | | Special PSUs Granted (#)* | | | Adjusted EBIT / Average Adjusted EBIT ROIC PSUs (#)* | | | rTSR PSUs (#)* | | | Service PSUs (#)* | | ||||||||||||
Thomas V. Taylor | | | | | 107,322 | | | | | | 49,790 | | | | | | 21,019 | | | | | | 36,513 | | |
Bryan H. Langley | | | | | 10,733 | | | | | | 4,979 | | | | | | 2,102 | | | | | | 3,652 | | |
Trevor S. Lang | | | | | 85,857 | | | | | | 39,832 | | | | | | 16,815 | | | | | | 29,210 | | |
David V. Christopherson | | | | | 32,197 | | | | | | 14,937 | | | | | | 6,306 | | | | | | 10,954 | | |
Brian K. Robbins | | | | | 21,465 | | | | | | 9,958 | | | | | | 4,204 | | | | | | 7,303 | | |
| Williams-Sonoma, Inc. Ulta Beauty, Inc. Lululemon Athletica Inc. Pool Corporation Tempur Sealy International, Inc. RH | | | Deckers Outdoor Corporation Five Below, Inc. Sleep Number Corporation Ollie’s Bargain Outlet Holdings, Inc. Etsy, Inc. | |
| Group | | | Required ownership | |
| Chief Executive Officer | | | 5 times annual base salary | |
| President / Executive Vice Presidents | | | 3 times annual base salary | |
| Senior Vice Presidents | | | 2 times annual base salary | |
| Non-employee directors | | | 5 times annual cash retainer | |
Name and Principal Position | | Fiscal Year | | Salary ($)(1) | | Bonus ($)(2) | | Stock Awards ($)(3) | | Option awards ($)(3) | | Non-equity incentive plan compensation ($) | | All other compensation ($)(4) | | Total($) | | | Fiscal Year | | Salary ($) | | Bonus ($) | | Stock Awards ($)(4) | | Option awards ($)(4) | | Non-equity incentive plan Compensation ($) | | All other Compensation ($)(5) | | Total ($) | | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Thomas V. Taylor – Chief Executive Officer | | | | | 2020 | | | | | 762,925 | | | | | — | | | | | 10,412,500 | | | | | 1,237,500 | | | | | 1,303,143 | | | | | 213,447 | | | | | 13,929,515 | | | | | | | 2023 | | | | | 1,054,231 | | | | | — | | | | | 13,710,223 | | | | | — | | | | | 0 | | | | | 752,380 | | | | | 15,516,834 | | | ||||||||||||||
| | | 2019 | | | | | 950,000 | | | | | — | | | | | — | | | | | — | | | | | 1,164,274 | | | | | 308,569 | | | | | 2,422,843 | | | | | | 2022 | | | | | 1,025,385 | | | | | — | | | | | 3,605,000 | | | | | — | | | | | 1,007,880 | | | | | 644,049 | | | | | 6,282,314 | | | |||||||||||||||||
| | | 2018 | | | | | 927,885 | | | | | — | | | | | — | | | | | 1,980,000 | | | | | 716,485 | | | | | 98,938 | | | | | 3,723,308 | | | | | | 2021 | | | | | 1,000,000 | | | | | — | | | | | 825,049 | | | | | 824,938 | | | | | 2,000,000 | | | | | 493,674 | | | | | 5,143,661 | | | |||||||||||||||||
Trevor S. Lang – Executive Vice President and Chief Financial Officer | | | | | 2020 | | | | | 402,115 | | | | | — | | | | | 3,118,750 | | | | | 356,250 | | | | | 389,311 | | | | | 6,763 | | | | | 4,273,189 | | | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| | | 2019 | | | | | 435,000 | | | | | — | | | | | — | | | | | — | | | | | 346,525 | | | | | 6,293 | | | | | 787,818 | | | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| | | 2018 | | | | | 432,558 | | | | | — | | | | | — | | | | | 570,000 | | | | | 217,105 | | | | | 6,187 | | | | | 1,225,850 | | | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Lisa G. Laube – President(3)(5) | | | | | 2020 | | | | | 481,346 | | | | | — | | | | | 3,131,250 | | | | | 393,750 | | | | | 502,330 | | | | | 8,022 | | | | | 4,516,698 | | | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| | | 2019 | | | | | 505,000 | | | | | — | | | | | — | | | | | — | | | | | 402,287 | | | | | 7,922 | | | | | 915,209 | | | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| | | 2018 | | | | | 502,116 | | | | | — | | | | | — | | | | | 630,000 | | | | | 252,017 | | | | | 7,808 | | | | | 1,391,941 | | | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Brian K. Robbins – Executive Vice President, Business Development Strategy | | | | | 2020 | | | | | 396,769 | | | | | 40,000 | | | | | 1,575,500 | | | | | 226,500 | | | | | 328,544 | | | | | 8,472 | | | | | 2,575,785 | | | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| | | 2019 | | | | | 400,000 | | | | | — | | | | | — | | | | | — | | | | | 294,132 | | | | | 8,372 | | | | | 702,504 | | | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| | | 2018 | | | | | 392,368 | | | | | — | | | | | — | | | | | 362,400 | | | | | 181,785 | | | | | 8,187 | | | | | 944,740 | | | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
David V. Christopherson – Executive Vice President, Secretary and General Counsel | | | | | 2020 | | | | | 351,923 | | | | | 40,000 | | | | | 1,075,500 | | | | | 226,500 | | | | | 291,499 | | | | | 6,231 | | | | | 1,991,653 | | | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| | | 2019 | | | | | 345,000 | | | | | 100,000 | | | | | 1,000,000 | | | | | — | | | | | 232,548 | | | | | 6,131 | | | | | 1,683,679 | | | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| | | 2018 | | | | | 340,454 | | | | | — | | | | | — | | | | | 692,600 | | | | | 142,203 | | | | | 5,846 | | | | | 1,181,103 | | | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Bryan H. Langley – Executive Vice President and Chief Financial Officer (1) | | | | | 2023 | | | | | 395,192 | | | | | — | | | | | 1,500,249 | | | | | — | | | | | 0 | | | | | 5,481 | | | | | 1,900,922 | | | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| | | 2022 | | | | | 302,039 | | | | | — | | | | | 871,720 | | | | | — | | | | | 116,373 | | | | | 5,700 | | | | | 1,295,832 | | | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| | | 2021 | | | | | — | | | | | — | | | | | — | | | | | — | | | | | — | | | | | — | | | | | — | | | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Trevor S. Lang – President(2) | | | | | 2023 | | | | | 615,385 | | | | | — | | | | | 8,800,086 | | | | | — | | | | | 0 | | | | | 8,667 | | | | | 9,424,138 | | | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| | | 2022 | | | | | 536,808 | | | | | — | | | | | 800,000 | | | | | — | | | | | 295,481 | | | | | 8,058 | | | | | 1,640,347 | | | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| | | 2021 | | | | | 479,462 | | | | | — | | | | | 237,573 | | | | | 237,474 | | | | | 623,300 | | | | | 8,475 | | | | | 1,586,284 | | | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
David V. Christopherson – Executive Vice President, Chief Administrative Officer & Chief Legal Officer (3) | | | | | 2023 | | | | | 470,193 | | | | | — | | | | | 3,700,161 | | | | | — | | | | | 0 | | | | | 6,951 | | | | | 4,177,305 | | | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| | | 2022 | | | | | 442,308 | | | | | — | | | | | 600,000 | | | | | — | | | | | 226,074 | | | | | 6,307 | | | | | 1,274,689 | | | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| | | 2021 | | | | | 396,154 | | | | | — | | | | | 151,079 | | | | | 151,010 | | | | | 475,385 | | | | | 6,385 | | | | | 1,180,013 | | | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Brian K. Robbins – Executive Vice President, Business Development Strategy (6) | | | | | 2023 | | | | | 462,116 | | | | | — | | | | | 2,550,135 | | | | | — | | | | | 0 | | | | | 11,121 | | | | | 3,023,372 | | | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| | | 2022 | | | | | 447,323 | | | | | — | | | | | 550,000 | | | | | — | | | | | 228,637 | | | | | 12,700 | | | | | 1,238,660 | | | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| | | 2021 | | | | | 430,662 | | | | | — | | | | | 151,079 | | | | | 151,010 | | | | | 516,794 | | | | | 9,136 | | | | | 1,258,681 | | |
Name | | Type of Award | | Grant Date or Performance Period | | | Estimated Possible Payouts Under Non-Equity Incentive Plan Awards(1) | | Estimated Possible Payouts Under Equity Incentive Plan Awards(2) | | | 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 Restricted Stock Awards and Option Awards ($)(5) | | | Type of Award | | Grant Date or Performance Period | | | Estimated Possible Payouts Under Non-Equity Incentive Plan Awards(1) | | Estimated Possible Payouts Under Equity Incentive Plan Awards(2) | | | All Other Stock Awards: Number of Shares of Stock or Units (#)(3) | | Grant Date Fair Value of Restricted Stock Awards ($)(4) | | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Threshold ($) | | Target ($) | | Maximum ($) | | Threshold (#) | | Target (#) | | Maximum (#) | | | Threshold ($) | | Target ($) | | Maximum ($) | | Threshold (#) | | Target (#) | | Maximum (#) | | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Thomas V. Taylor | | Annual Cash Incentive Bonus | | | | 2/24/2020 | | | | | — | | | | | 990,385 | | | | | 1,980,769 | | | | | — | | | | | — | | | | | — | | | | | — | | | | | — | | | | | — | | | | | — | | | | Annual Cash Incentive Bonus | | | | 2/27/2023 | | | | | — | | | | | 1,325,000 | | | | | 2,650,000 | | | | | — | | | | | — | | | | | — | | | | | — | | | | | — | | | ||||||||||||||||||||||
| | RSU | | | | 2/27/2023 | | | | | — | | | | | — | | | | | — | | | | | — | | | | | — | | | | | — | | | | | 20,525 | | | | | 1,855,050 | | | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| | PSU | | | | 2/27/2023 | | | | | — | | | | | — | | | | | — | | | | | 10,263 | | | | | 20,525 | | | | | 41,050 | | | | | — | | | | | 1,855,050 | | | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| | Special PSU | | | | 2/27/2023 | | | | | — | | | | | — | | | | | — | | | | | 71,918 | | | | | 107,322 | | | | | 142,727 | | | | | — | | | | | 10,000,123 | | | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Bryan H. Langley | | Annual Cash Incentive Bonus | | | | 2/27/2023 | | | | | — | | | | | 240,000 | | | | | 480,000 | | | | | — | | | | | — | | | | | — | | | | | — | | | | | — | | | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| | PRS | | | | 2/24/2020 | | | | | — | | | | | — | | | | | — | | | | | — | | | | | 143,117 | | | | | 143,117 | | | | | 43,328(3) | | | | | — | | | | | — | | | | | 10,000,000 | | | | RSU | | | | 2/27/2023 | | | | | — | | | | | — | | | | | — | | | | | — | | | | | — | | | | | — | | | | | 2,767 | | | | | 250,081 | | | ||||||||||||||||||||||
| | Restricted Stock | | | | 2/24/2020 | | | | | — | | | | | — | | | | | — | | | | | — | | | | | — | | | | | — | | | | | 7,150(4) | | | | | — | | | | | — | | | | | 412,500 | | | | PSU | | | | 2/27/2023 | | | | | — | | | | | — | | | | | — | | | | | 1,384 | | | | | 2,767 | | | | | 5,534 | | | | | — | | | | | 250,081 | | | ||||||||||||||||||||||
| | Stock Options | | | | 2/24/2020 | | | | | — | | | | | — | | | | | — | | | | | — | | | | | — | | | | | — | | | | | — | | | | | 56,500 | | | | | 57.70 | | | | | 1,237,500 | | | | Special PSU | | | | 2/27/2023 | | | | | — | | | | | — | | | | | — | | | | | 7,193 | | | | | 10,733 | | | | | 14,274 | | | | | — | | | | | 1,000,087 | | | ||||||||||||||||||||||
Trevor S. Lang | | Annual Cash Incentive Bonus | | | | 2/24/2020 | | | | | — | | | | | 295,875 | | | | | 591,750 | | | | | — | | | | | — | | | | | — | | | | | — | | | | | — | | | | | — | | | | | — | | | | Annual Cash Incentive Bonus | | | | 2/27/2023 | | | | | — | | | | | 437,500 | | | | | 875,000 | | | | | — | | | | | — | | | | | — | | | | | — | | | | | — | | | ||||||||||||||||||||||
| | PRS | | | | 2/24/2020 | | | | | — | | | | | — | | | | | — | | | | | — | | | | | 42,936 | | | | | 42,936 | | | | | 12,999(3) | | | | | — | | | | | — | | | | | 3,000,000 | | | | RSU | | | | 2/27/2023 | | | | | — | | | | | — | | | | | — | | | | | — | | | | | — | | | | | — | | | | | 4,426 | | | | | 400,022 | | | ||||||||||||||||||||||
| | Restricted Stock | | | | 2/24/2020 | | | | | — | | | | | — | | | | | — | | | | | — | | | | | — | | | | | — | | | | | 2,059(4) | | | | | — | | | | | — | | | | | 118,750 | | | | PSU | | | | 2/27/2023 | | | | | — | | | | | — | | | | | — | | | | | 2,213 | | | | | 4,426 | | | | | 8,852 | | | | | — | | | | | 400,022 | | | ||||||||||||||||||||||
| | Stock Options | | | | 2/24/2020 | | | | | — | | | | | — | | | | | — | | | | | — | | | | | — | | | | | — | | | | | — | | | | | 16,265 | | | | | 57.70 | | | | | 356,250 | | | | Special PSU | | | | 2/27/2023 | | | | | — | | | | | — | | | | | — | | | | | 57,534 | | | | | 85,857 | | | | | 114,181 | | | | | — | | | | | 8,000,042 | | | ||||||||||||||||||||||
Lisa G. Laube | | Annual Cash Incentive Bonus | | | | 2/24/2020 | | | | | — | | | | | 381,769 | | | | | 763,539 | | | | | — | | | | | — | | | | | — | | | | | — | | | | | — | | | | | — | | | | | — | | | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
David V. Christopherson | | Annual Cash Incentive Bonus | | | | 2/27/2023 | | | | | — | | | | | 308,750 | | | | | 617,500 | | | | | — | | | | | — | | | | | — | | | | | — | | | | | — | | | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| | PRS | | | | 2/24/2020 | | | | | — | | | | | — | | | | | — | | | | | — | | | | | 42,936 | | | | | 42,936 | | | | | 12,999(3) | | | | | — | | | | | — | | | | | 3,000,000 | | | | RSU | | | | 2/27/2023 | | | | | — | | | | | — | | | | | — | | | | | — | | | | | — | | | | | — | | | | | 3,873 | | | | | 350,042 | | | ||||||||||||||||||||||
| | Restricted Stock | | | | 2/24/2020 | | | | | — | | | | | — | | | | | — | | | | | — | | | | | — | | | | | | | | | | 2,275(4) | | | | | — | | | | | — | | | | | 131,250 | | | | PSU | | | | 2/27/2023 | | | | | — | | | | | — | | | | | — | | | | | 1,937 | | | | | 3,873 | | | | | 7,746 | | | | | — | | | | | 350,042 | | | ||||||||||||||||||||||
| | Stock Options | | | | 2/24/2020 | | | | | — | | | | | — | | | | | — | | | | | — | | | | | — | | | | | — | | | | | — | | ��� | | | | 17,978 | | | | | 57.70 | | | | | 393,750 | | | | Special PSU | | | | 2/27/2023 | | | | | | | | | | | | | | | | | | | | 21,576 | | | | | 32,197 | | | | | 42,819 | | | | | — | | | | | 3,000,077 | | | |||||||||||||||||||||
Brian K. Robbins | | Annual Cash Incentive Bonus | | | | 2/24/2020 | | | | | — | | | | | 249,692 | | | | | 499,385 | | | | | — | | | | | — | | | | | — | | | | | — | | | | | — | | | | | — | | | | | — | | | | Annual Cash Incentive Bonus | | | | 2/27/2023 | | | | | — | | | | | 302,250 | | | | | 604,500 | | | | | — | | | | | — | | | | | — | | | | | — | | | | | — | | | ||||||||||||||||||||||
| | PRS | | | | 2/24/2020 | | | | | — | | | | | — | | | | | — | | | | | — | | | | | 21,469 | | | | | 21,469 | | | | | 6,500(3) | | | | | — | | | | | — | | | | | 1,500,000 | | | | RSU | | | | 2/27/2023 | | | | | — | | | | | — | | | | | — | | | | | — | | | | | — | | | | | — | | | | | 3,043 | | | | | 275,026 | | | ||||||||||||||||||||||
| | Restricted Stock | | | | 2/24/2020 | | | | | — | | | | | — | | | | | — | | | | | — | | | | | — | | | | | — | | | | | 1,309(4) | | | | | — | | | | | — | | | | | 75,500 | | | | PSU | | | | 2/27/2023 | | | | | — | | | | | — | | | | | — | | | | | 1,522 | | | | | 3,043 | | | | | 6,086 | | | | | — | | | | | 275,026 | | | ||||||||||||||||||||||
| | Stock Options | | | | 2/24/2020 | | | | | — | | | | | — | | | | | — | | | | | — | | | | | — | | | | | — | | | | | — | | | | | 10,342 | | | | | 57.70 | | | | | 226,500 | | | | Special PSU | | | | 2/27/2023 | | | | | | | | | | | | | | | | | | | | 14,384 | | | | | 21,465 | | | | | 28,546 | | | | | — | | | | | 2,000,083 | | | ||||||||||||||||||||||
David V. Christopherson | | Annual Cash Incentive Bonus | | | | 2/24/2020 | | | | | — | | | | | 221,539 | | | | | 443,077 | | | | | — | | | | | — | | | | | — | | | | | — | | | | | — | | | | | — | | | | | — | | | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| | PRS | | | | 2/24/2020 | | | | | — | | | | | — | | | | | — | | | | | — | | | | | 14,313 | | | | | 14,313 | | | | | 4,333(3) | | | | | — | | | | | — | | | | | 1,000,000 | | | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| | Restricted Stock | | | | 2/24/2020 | | | | | — | | | | | — | | | | | — | | | | | — | | | | | — | | | | | — | | | | | 1,309(4) | | | | | — | | | | | — | | | | | 75,500 | | | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| | Stock Options | | | | 2/24/2020 | | | | | — | | | | | — | | | | | — | | | | | — | | | | | — | | | | | — | | | | | — | | | | | 10,342 | | | | | 57.70 | | | | | 226,500 | | |
| | Option Awards | | Stock Awards | | | Option Awards | | Stock Awards | | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Name | | Grant Date | | Number of Securities Underlying Unexercised Options (#) Exercisable | | Number of Securities Underlying Unexercised Options (#) Unexercisable | | Option Exercise Price ($/Sh) | | Option Expiration Date | | Number of shares or units of stock that have not yet vested (#) | | Market value of shares or units of stock that have not yet vested ($) | | Equity Incentive Plan Awards: Number Of Unearned Shares, Units Or Other Rights That Have Not Vested (#) | | Equity Incentive Plan Awards: Market Or Payout Value Of Unearned Shares, Units Or Other Rights That Have Not Vested ($) | | | Grant Date | | Number of Securities Underlying Unexercised Options (#) Exercisable | | Number of Securities Underlying Unexercised Options (#) Unexercisable(1) | | Option Exercise Price ($) | | Option Expiration Date | | Number of shares or units of stock that have not yet vested (#)(2) | | Market value of shares or units of stock that have not yet vested ($)(2) | | Equity Incentive Plan Awards: Number Of Unearned Shares, Units Or Other Rights That Have Not Vested (#)(3) | | Equity Incentive Plan Awards: Market Or Payout Value Of Unearned Shares, Units Or Other Rights That Have Not Vested ($)(3) | | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Thomas V. Taylor (1) | | | | 12/13/2012 | | | | | 300,000 | | | | | — | | | | | 4.85 | | | | | 12/13/2022 | | | | | — | | | | | — | | | | | — | | | | | — | | | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| | | | 9/30/2016 | | | | | 214,717 | | | | | 53,680 | | | | | 9.99 | | | | | 9/30/2026 | | | | | — | | | | | — | | | | | — | | | | | — | | | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| | | | 4/26/2017 | | | | | 44,923 | | | | | 179,695 | | | | | 21.00 | | | | | 4/26/2027 | | | | | — | | | | | — | | | | | — | | | | | — | | | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| | | | 11/2/2018 | | | | | 67,650 | | | | | 67,651 | | | | | 31.98 | | | | | 11/2/2028 | | | | | — | | | | | — | | | | | — | | | | | — | | | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| | | | 2/24/2020 | | | | | — | | | | | 56,500 | | | | | 57.70 | | | | | 2/24/2030 | | | | | — | | | | | — | | | | | — | | | | | — | | | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| | | | 2/24/2020 | | | | | — | | | | | — | | | | | — | | | | | — | | | | | 7,150 | | | | | 663,878 | | | | | — | | | | | — | | | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| | | | 2/24/2020 | | | | | — | | | | | — | | | | | — | | | | | — | | | | | 43,328 | | | | | 4,023,005 | | | | | 143,117 | | | | | 13,288,413 | | | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Trevor S. Lang(2) | | | | 9/30/2016 | | | | | 17,968 | | | | | 16,992 | | | | | 9.99 | | | | | 9/30/2026 | | | | | — | | | | | — | | | | | — | | | | | — | | | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| | | | 4/26/2017 | | | | | 12,804 | | | | | 44,812 | | | | | 21.00 | | | | | 4/26/2027 | | | | | — | | | | | — | | | | | — | | | | | — | | | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| | | | 11/2/2018 | | | | | 19,475 | | | | | 19,476 | | | | | 31.98 | | | | | 11/2/2028 | | | | | — | | | | | — | | | | | — | | | | | — | | | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| | | | 2/24/2020 | | | | | — | | | | | 16,265 | | | | | 57.70 | | | | | 2/24/2030 | | | | | — | | | | | — | | | | | — | | | | | — | | | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| | | | 2/24/2020 | | | | | — | | | | | — | | | | | — | | | | | — | | | | | 2,059 | | | | | 191,178 | | | | | — | | | | | — | | | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| | | | 2/24/2020 | | | | | — | | | | | — | | | | | — | | | | | — | | | | | 12,999 | | | | | 1,206,957 | | | | | 42,936 | | | | | 3,986,608 | | | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Lisa G. Laube(3) | | | | 2/23/2012 | | | | | 62,033 | | | | | — | | | | | 2.85 | | | | | 2/23/2022 | | | | | — | | | | | — | | | | | — | | | | | — | | | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Thomas Taylor | | | | 9/30/2016 | | | | | 68,397 | | | | | — | | | | | 9.99 | | | | | 9/30/2026 | | | | | | | | | | | | | | | | | | | | | | | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| | | | 2/23/2012 | | | | | 13,093 | | | | | — | | | | | 4.33 | | | | | 2/23/2022 | | | | | — | | | | | — | | | | | — | | | | | — | | | | | | 4/26/2017 | | | | | 224,618 | | | | | — | | | | | 21.00 | | | | | 4/26/2027 | | | | | | | | | | | | | | | | | | | | | | | ||||||||||||||||||
| | | | 9/30/2016 | | | | | 57,176 | | | | | 18,795 | | | | | 9.99 | | | | | 9/30/2026 | | | | | — | | | | | — | | | | | — | | | | | — | | | | | | 11/2/2018 | | | | | 135,301 | | | | | — | | | | | 31.98 | | | | | 11/2/2028 | | | | | | | | | | | | | | | | | | | | | | | ||||||||||||||||||
| | | | 4/26/2017 | | | | | 21,225 | | | | | 49,529 | | | | | 21.00 | | | | | 4/26/2027 | | | | | — | | | | | — | | | | | — | | | | | — | | | | | | 2/24/2020 | | | | | 42,375 | | | | | 14,125 | | | | | 57.70 | | | | | 2/24/2030 | | | | | 1,788 | | | | | 203,635 | | | | | | | | | | | | | ||||||||||||||||||
| | | | 11/2/2018 | | | | | 21,525 | | | | | 21,526 | | | | | 31.98 | | | | | 11/2/2028 | | | | | — | | | | | — | | | | | — | ��� | | | | — | | | | | | 3/1/2021 | | | | | 9,880 | | | | | 9,879 | | | | | 95.68 | | | | | 3/1/2031 | | | | | 4,311 | | | | | 490,980 | | | | | | | | | | | | | ||||||||||||||||||
| | | | 2/24/2020 | | | | | — | | | | | 17,978 | | | | | 57.70 | | | | | 2/24/2030 | | | | | — | | | | | — | | | | | — | | | | | — | | | | | | 2/28/2022 | | | | | | | | | | | | | | | | | | | | | | | | | 12,568 | | | | | 1,431,370 | | | | | | | | | | | | | ||||||||||||||||||
| | | | 2/24/2020 | | | | | — | | | | | — | | | | | — | | | | | — | | | | | 2,275 | | | | | 211,234 | | | | | — | | | | | — | | | | | | 2/27/2023 | | | | | | | | | | | | | | | | | | | | | | | | | 20,525 | | | | | 2,337,592 | | | | | | | | | | | | | ||||||||||||||||||
| | | | 2/24/2020 | | | | | — | | | | | — | | | | | — | | | | | — | | | | | 12,999 | | | | | 1,206,957 | | | | | 42,936 | | | | | 3,986,608 | | | | | | 2/27/2023 | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | 10,263 | | | | | 1,168,853 | | | ||||||||||||||||||
Brian K. Robbins(4) | | | | 9/30/2016 | | | | | — | | | | | 10,813 | | | | | 9.99 | | | | | 9/30/2026 | | | | | — | | | | | — | | | | | — | | | | | — | | | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| | | | 4/26/2017 | | | | | — | | | | | 16,281 | | | | | 21.00 | | | | | 4/26/2027 | | | | | — | | | | | — | | | | | — | | | | | — | | | | | | 2/27/2023 | | | | | | | | | | | | | | | | | | | | | | | | | 36,513 | | | | | 4,158,466 | | | | | 56,424 | | | | | 6,426,129 | | | ||||||||||||||||||
| | | | 11/2/2018 | | | | | — | | | | | 12,383 | | | | | 31.98 | | | | | 11/2/2028 | | | | | — | | | | | — | | | | | — | | | | | — | | | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| | | | 2/24/2020 | | | | | — | | | | | 10,342 | | | | | 57.70 | | | | | 2/24/2030 | | | | | — | | | | | — | | | | | — | | | | | — | | | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| | | | 2/24/2020 | | | | | — | | | | | — | | | | | — | | | | | — | | | | | 1,309 | | | | | 121,541 | | | | | — | | | | | — | | | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| | | | 2/24/2020 | | | | | — | | | | | — | | | | | — | | | | | — | | | | | 6,500 | | | | | 603,525 | | | | | 21,469 | | | | | 1,993,397 | | | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
David V. Christopherson(5) | | | | 9/30/2016 | | | | | — | | | | | 7,853 | | | | | 9.99 | | | | | 9/30/2026 | | | | | — | | | | | — | | | | | — | | | | | — | | | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Bryan Langley | | | | 5/20/2014 | | | | | 2,575 | | | | | — | | | | | 5.26 | | | | | 5/20/2024 | | | | | | | | | | | | | | | | | | | | | | | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| | | | 4/26/2017 | | | | | — | | | | | 11,860 | | | | | 21.00 | | | | | 4/26/2027 | | | | | — | | | | | — | | | | | — | | | | | — | | | | | | 7/13/2016 | | | | | 3,110 | | | | | — | | | | | 7.59 | | | | | 7/13/2026 | | | | | | | | | | | | | | | | | | | | | | | ||||||||||||||||||
| | | | 3/2/2018 | | | | | — | | | | | 9,693 | | | | | 44.21 | | | | | 3/2/2028 | | | | | — | | | | | — | | | | | — | | | | | — | | | | | | 9/30/2016 | | | | | 1,159 | | | | | — | | | | | 9.99 | | | | | 9/30/2026 | | | | | | | | | | | | | | | | | | | | | | | ||||||||||||||||||
| | | | 11/2/2018 | | | | | — | | | | | 12,383 | | | | | 31.98 | | | | | 11/2/2028 | | | | | — | | | | | — | | | | | — | | | | | — | | | | | | 4/26/2017 | | | | | 2,830 | | | | | — | | | | | 21.00 | | | | | 4/26/2027 | | | | | | | | | | | | | | | | | | | | | | | ||||||||||||||||||
| | | | 5/16/2019 | | | | | — | | | | | — | | | | | — | | | | | — | | | | | 24,207 | | | | | 2,247,620 | | | | | — | | | | | — | | | | | | 11/6/2017 | | | | | 2,512 | | | | | — | | | | | 40.48 | | | | | 11/6/2027 | | | | | | | | | | | | | | | | | | | | | | | ||||||||||||||||||
| | | | 2/24/2020 | | | | | — | | | | | 10,342 | | | | | 57.70 | | | | | 2/24/2030 | | | | | — | | | | | — | | | | | — | | | | | — | | | | | | 11/2/2018 | | | | | 4,101 | | | | | — | | | | | 31.98 | | | | | 11/2/2028 | | | | | | | | | | | | | | | | | | | | | | | ||||||||||||||||||
| | | | 2/24/2020 | | | | | — | | | | | — | | | | | — | | | | | — | | | | | 1,309 | | | | | 121,541 | | | | | — | | | | | — | | | | | | 5/6/2019 | | | | | 4,592 | | | | | — | | | | | 44.05 | | | | | 5/6/2029 | | | | | | | | | | | | | | | | | | | | | | | ||||||||||||||||||
| | | | 2/24/2020 | | | | | — | | | | | — | | | | | — | | | | | — | | | | | 4,333 | | | | | 402,319 | | | | | 14,313 | | | | | 1,328,962 | | | | | | 2/24/2020 | | | | | 1,815 | | | | | 605 | | | | | 57.70 | | | | | 2/24/2030 | | | | | 230 | | | | | 26,195 | | | | | | | | | | | | | ||||||||||||||||||
| | | | 3/1/2021 | | | | | 429 | | | | | 428 | | | | | 95.68 | | | | | 3/1/2031 | | | | | 561 | | | | | 63,892 | | | | | | | | | | | | | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| | | | 2/28/2022 | | | | | | | | | | | | | | | | | | | | | | | | | 899 | | | | | 102,387 | | | | | | | | | | | | | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| | | | 11/29/2022 | | | | | | | | | | | | | | | | | | | | | | | | | 7,363 | | | | | 838,572 | | | | | | | | | | | | | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| | | | 2/27/2023 | | | | | | | | | | | | | | | | | | | | | | | | | 2,767 | | | | | 315,134 | | | | | | | | | | | | | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| | | | 2/27/2023 | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | 1,384 | | | | | 157,624 | | | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| | | | 2/27/2023 | | | | | | | | | | | | | | | | | | | | | | | | | 3,652 | | | | | 415,926 | | | | | 5,643 | | | | | 642,681 | | | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Trevor Lang | | | | 9/30/2016 | | | | | 13,000 | | | | | — | | | | | 9.99 | | | | | 9/30/2026 | | | | | | | | | | | | | | | | | | | | | | | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| | | | 4/26/2017 | | | | | 44,116 | | | | | — | | | | | 21.00 | | | | | 4/26/2027 | | | | | | | | | | | | | | | | | | | | | | | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| | | | 11/2/2018 | | | | | 38,951 | | | | | — | | | | | 31.98 | | | | | 11/2/2028 | | | | | | | | | | | | | | | | | | | | | | | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| | | | 2/24/2020 | | | | | 12,198 | | | | | 4,067 | | | | | 57.70 | | | | | 2/24/2030 | | | | | 515 | | | | | 58,653 | | | | | | | | | | | | | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| | | | 2/24/2020(4) | | | | | | | | | | | | | | | | | | | | | | | | | 12,999 | | | | | 1,480,456 | | | | | 42,936 | | | | | 4,889,981 | | | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| | | | 3/1/2021 | | | | | 2,844 | | | | | 2,844 | | | | | 95.68 | | | | | 3/1/2031 | | | | | 1,241 | | | | | 141,337 | | | | | | | | | | | | | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| | | | 2/28/2022 | | | | | | | | | | | | | | | | | | | | | | | | | 2,441 | | | | | 278,005 | | | | | | | | | | | | | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| | | | 8/8/2022 | | | | | | | | | | | | | | | | | | | | | | | | | 724 | | | | | 82,456 | | | | | | | | | | | | | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| | | | 2/27/2023 | | | | | | | | | | | | | | | | | | | | | | | | | 4,426 | | | | | 504,077 | | | | | | | | | | | | | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| | | | 2/27/2023 | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | 2,213 | | | | | 252,039 | | | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| | | | 2/27/2023 | | | | | | | | | | | | | | | | | | | | | | | | | 29,210 | | | | | 3,326,727 | | | | | 45,139 | | | | | 5,140,881 | | | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
David Christopherson | | | | 2/24/2020 | | | | | — | | | | | 2,586 | | | | | 57.70 | | | | | 2/24/2030 | | | | | 328 | | | | | 37,356 | | | | | | | | | | | | | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| | | | 2/24/2020(4) | | | | | | | | | | | | | | | | | | | | | | | | | 4,333 | | | | | 493,485 | | | | | 14,313 | | | | | 1,630,108 | | | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| | | | 3/1/2021 | | | | | — | | | | | 1,808 | | | | | 95.68 | | | | | 3/1/2031 | | | | | 789 | | | | | 89,859 | | | | | | | | | | | | | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| | | | 2/28/2022 | | | | | | | | | | | | | | | | | | | | | | | | | 2,093 | | | | | 238,372 | | | | | | | | | | | | | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| | | | 2/27/2023 | | | | | | | | | | | | | | | | | | | | | | | | | 3,873 | | | | | 441,096 | | | | | | | | | | | | | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| | | | 2/27/2023 | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | 1,937 | | | | | 220,605 | | |
| | | Option Awards | | | Stock Awards | | ||||||||||||||||||||||||||||||||||||||||||||||||
Name | | | Grant Date | | | Number of Securities Underlying Unexercised Options (#) Exercisable | | | Number of Securities Underlying Unexercised Options (#) Unexercisable(1) | | | Option Exercise Price ($) | | | Option Expiration Date | | | Number of shares or units of stock that have not yet vested (#)(2) | | | Market value of shares or units of stock that have not yet vested ($)(2) | | | Equity Incentive Plan Awards: Number Of Unearned Shares, Units Or Other Rights That Have Not Vested (#)(3) | | | Equity Incentive Plan Awards: Market Or Payout Value Of Unearned Shares, Units Or Other Rights That Have Not Vested ($)(3) | | |||||||||||||||||||||||||||
| | | | | 2/27/2023 | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | 10,954 | | | | | | 1,247,551 | | | | | | 16,928 | | | | | | 1,927,930 | | |
Brian Robbins | | | | | 2/24/2020 | | | | | | — | | | | | | 2,586 | | | | | | 57.70 | | | | | | 2/24/2030 | | | | | | 328 | | | | | | 37,356 | | | | | | | | | | | | | | |
| | | | | 2/24/2020(4) | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | 6,500 | | | | | | 740,285 | | | | | | 21,469 | | | | | | 2,445,104 | | |
| | | | | 3/1/2021 | | | | | | 1,809 | | | | | | 1,808 | | | | | | 95.68 | | | | | | 3/1/2031 | | | | | | 789 | | | | | | 89,859 | | | | | | | | | | | | | | |
| | | | | 2/28/2022 | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | 1,918 | | | | | | 218,441 | | | | | | | | | | | | | | |
| | | | | 2/27/2023 | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | 3,043 | | | | | | 346,567 | | | | | | | | | | | | | | |
| | | | | 2/27/2023 | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | 1,522 | | | | | | 173,341 | | |
| | | | | 2/27/2023 | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | 7,303 | | | | | | 831,739 | | | | | | 11,285 | | | | | | 1,285,249 | | |
Vesting Date | | | T. Taylor | | | B. Langley | | | T. Lang | | | D. Christopherson | | | B. Robbins | | |||||||||||||||
2/24/2024 | | | | | 14,125 | | | | | | 605 | | | | | | 4,067 | | | | | | 2,586 | | | | | | 2,586 | | |
3/1/2024 | | | | | 4,939 | | | | | | 214 | | | | | | 1,422 | | | | | | 904 | | | | | | 904 | | |
3/1/2025 | | | | | 4,940 | | | | | | 214 | | | | | | 1,422 | | | | | | 904 | | | | | | 904 | | |
Total | | | | | 24,004 | | | | | | 1,033 | | | | | | 6,911 | | | | | | 4,394 | | | | | | 4,394 | | |
Vesting Date | | | T. Taylor | | | B. Langley | | | T. Lang | | | D. Christopherson | | | B. Robbins | | |||||||||||||||
2/24/2024 | | | | | 1,788 | | | | | | 230 | | | | | | 13,514 | | | | | | 4,661 | | | | | | 6,828 | | |
2/27/2024 | | | | | 6,841 | | | | | | 922 | | | | | | 1,475 | | | | | | 1,290 | | | | | | 1,014 | | |
2/28/2024 | | | | | 6,284 | | | | | | 449 | | | | | | 1,220 | | | | | | 1,046 | | | | | | 959 | | |
3/1/2024 | | | | | 2,155 | | | | | | 281 | | | | | | 620 | | | | | | 394 | | | | | | 394 | | |
8/8/2024 | | | | | | | | | | | | | | | | | 362 | | | | | | | | | | | | | | |
11/29/2024 | | | | | | | | | | | 2,454 | | | | | | | | | | | | | | | | | | | | |
2/27/2025 | | | | | 18,891 | | | | | | 1,835 | | | | | | 8,778 | | | | | | 4,030 | | | | | | 2,840 | | |
2/28/2025 | | | | | 6,284 | | | | | | 450 | | | | | | 1,221 | | | | | | 1,047 | | | | | | 959 | | |
3/1/2025 | | | | | 2,156 | | | | | | 280 | | | | | | 621 | | | | | | 395 | | | | | | 395 | | |
8/8/2025 | | | | | | | | | | | | | | | | | 362 | | | | | | | | | | | | | | |
11/29/2025 | | | | | | | | | | | 2,455 | | | | | | | | | | | | | | | | | | | | |
2/27/2026 | | | | | 31,306 | | | | | | 1,836 | | | | | | 8,778 | | | | | | 4,030 | | | | | | 2,841 | | |
11/29/2026 | | | | | | | | | | | 2,454 | | | | | | | | | | | | | | | | | | | | |
2/27/2027 | | | | | | | | | | | 1,826 | | | | | | 14,605 | | | | | | 5,477 | | | | | | 3,651 | | |
Total | | | | | 75,705 | | | | | | 15,472 | | | | | | 51,556 | | | | | | 22,370 | | | | | | 19,881 | | |
| | Option Awards | | | Option Awards | | Stock Awards | | ||||||||||||||||||||||||||||||
Name | | Number of Shares Acquired on Exercise (#) | | Value Realized on Exercise ($)(1) | | | Number of Shares Acquired on Exercise (#) | | Value Realized on Exercise ($)(1) | | Number of Shares Acquired on Vesting (#) | | Value Realized on Vesting ($)(2) | | ||||||||||||||||||||||||
Thomas V. Taylor | | | | 504,871 | | | | | 30,573,544 | | | | | | 100,000 | | | | | 10,051,000 | | | | | 196,671 | | | | | 17,896,696 | | | ||||||
Bryan H. Langley | | | | — | | | | | — | | | | | 4,015 | | | | | 364,305 | | | |||||||||||||||||
Trevor S. Lang | | | | 401,391 | | | | | 20,114,539 | | | | | | — | | | | | — | | | | | 2,717 | | | | | 251,895 | | | ||||||
Lisa G. Laube | | | | 221,000 | | | | | 12,141,050 | | | |||||||||||||||||||||||||||
David V. Christopherson | | | | 25,565 | | | | | 1,807,747 | | | | | 19,923 | | | | | 1,777,799 | | | |||||||||||||||||
Brian K. Robbins | | | | 42,148 | | | | | 2,185,992 | | | | | | 19,504 | | | | | 1,123,490 | | | | | 1,680 | | | | | 152,657 | | | ||||||
David V. Christopherson | | | | 54,310 | | | | | 2,610,063 | | |
Name | | | Cash Payments ($) | | | Continuation of Welfare Plans ($) | | | Equity Vesting ($) | | |||||||||
Thomas V. Taylor | | | | | | | | | | | | | | | | | | | |
Termination Without Cause | | | | | | | | | | | | | | | | | |||
Company Non-Renewal/Resignation for Good Reason | | | | | | | | | | | | | | | | | | ||
Death/Disability | | | | | | | | | | | | | | | | 1,494,806(6) | | | |
Termination Without Cause Within One Year Following a Change in Control | | | | | 6,273,940(4) | | | | | | 25,856(2) | | | | | | 2,337,592(7) | | |
Resignation for Good Reason Within One Year Following a Change in Control | | | | | 6,273,940(4) | | | | | | 25,856(2) | | | | | | 2,337,592(7) | | |
Bryan H. Langley | | | | | | | | | | | | | | | | | | | |
Termination Without for Good Reason | | | | | | | | | | | |||||||||
| | | | | | | | ||||||||||||
Death/Disability | | | | | | | | | | | | | | | | | 214,341(6) | | |
Termination Without Cause Within One Year Following a Change in Control | | | | | | | | | | | | | | | | | | | |
Trevor S. Lang | | | | | | | | | | | | | | | | | | | |
Termination Without Cause | | | | | |||||||||||||||
| | | | | | | | | | | | | | ||||||
Company Non-Renewal/Resignation for Good Reason | | | | | 625,000(5) | | | | | | | | | | | | | | |
Death/Disability | | | | | | | | | | | | | | | | | 306,934(6) | | |
Termination Without Cause Within One Year Following a Change in Control | | | | | | | | | | | | | | | | | | | |
| | | | | | | | | | | | | | | | | | | |
Termination Without | |||||||||||||||||||
Cause/Company Non-Renewal/Resignation for Good Reason | | | | | | | | | | | | | | | | | | | |
Death/Disability | | | | | | | | | | | | | | | | | 266,047(6) | | |
Termination Without Cause Within One Year Following a Change in Control | | | | | | | | | | | | | | | | | | | |
Brian K. Robbins | |||||||||||||||||||
| | | | | | | | | | | | | | | | | | | |
Termination Without Cause/Company Non-Renewal/ | | | | | | | | | | | | | | | | | | | |
Death/Disability | | | | | | | | | | | | | | | | | 224,705(6) | | |
Termination Without Cause Within One Year Following a Change in Control | | | | | | | | | | | | | | | | | 346,567(7) | | |
Year | | | Summary Compensation Table Total for PEO(1) | | | Compensation Actually Paid to PEO(1)(2) | | | Average Summary Compensation Table Total for Non-PEO NEOs(3) | | | Average Compensation Actually Paid to Non-PEO NEOs(2)(3) | | | Value of Initial Fixed $100 Investment Based On(4): | | | Net Income (in millions)(5) | | | Net Sales (in millions)(6) | | |||||||||||||||||||||||||||
| Total Shareholder Return(4) | | | Peer Group Total Shareholder Return(4) | | ||||||||||||||||||||||||||||||||||||||||||||
| | | (a) | | | (b) | | | (c) | | | (d) | | | (e) | | | (f) | | | | | | | | | | | | | | ||||||||||||||||||
2023 | | | | $ | 15,516,834 | | | | | $ | 23,458,383 | | | | | $ | 4,631,434 | | | | | $ | 7,186,862 | | | | | $ | 226.42 | | | | | $ | 180.77 | | | | | $ | 246.0 | | | | | $ | 4,413.9 | | |
2022 | | | | $ | 6,282,314 | | | | | $ | (14,905,219) | | | | | $ | 1,362,382 | | | | | $ | (1,990,516) | | | | | $ | 141.13 | | | | | $ | 161.70 | | | | | $ | 298.2 | | | | | $ | 4,264.5 | | |
2021 | | | | $ | 5,143,661 | | | | | $ | 23,822,167 | | | | | $ | 1,477,609 | | | | | $ | 5,718,110 | | | | | $ | 258.41 | | | | | $ | 201.50 | | | | | $ | 283.2 | | | | | $ | 3,433.5 | | |
2020 | | | | $ | 13,929,515 | | | | | $ | 36,101,391 | | | | | $ | 3,339,331 | | | | | $ | 8,352,669 | | | | | $ | 184.59 | | | | | $ | 126.85 | | | | | $ | 195.0 | | | | | $ | 2,425.8 | | |
PEO SCT Total to CAP Reconciliation: | | | 2023 | | | 2022 | | | 2021 | | | 2020 | | ||||||||||||
SCT Total | | | | $ | 15,516,834 | | | | | $ | 6,282,314 | | | | | $ | 5,143,661 | | | | | $ | 13,929,515 | | |
Grant Date Fair Value of Option Awards and Stock Awards Granted in Fiscal Year | | | | $ | (13,710,223) | | | | | $ | (3,605,000) | | | | | $ | (1,649,987) | | | | | $ | (11,650,000) | | |
Fair Value at Fiscal Year-End of Outstanding and Unvested Option Awards and Stock Awards Granted in Fiscal Year | | | | $ | 17,412,632 | | | | | $ | 2,676,465 | | | | | $ | 2,518,820 | | | | | $ | 20,518,754 | | |
Change in Fair Value of Outstanding and Unvested Option Awards and Stock Awards Granted in Prior Fiscal Years | | | | $ | 1,419,609 | | | | | $ | (13,222,876) | | | | | $ | 12,974,839 | | | | | $ | 11,883,343 | | |
Change in Fair Value as of Vesting Date of Option Awards and Stock Awards Granted in Prior Fiscal Years For Which Applicable Vesting Conditions Were Satisfied During Fiscal Year | | | | $ | 4,157,763 | | | | | $ | (7,036,122) | | | | | $ | 4,834,834 | | | | | $ | 1,419,779 | | |
PEO SCT Total to CAP Reconciliation: | | | 2023 | | | 2022 | | | 2021 | | | 2020 | | ||||||||||||
Fair Value as of Prior Fiscal Year-End of Option Awards and Stock Awards Granted in Prior Fiscal Years That Failed to Meet Applicable Vesting Conditions During Fiscal Year | | | | $ | (1,338,232) | | | | | $ | — | | | | | $ | — | | | | | $ | — | | |
Compensation Actually Paid | | | | $ | 23,458,383 | | | | | $ | (14,905,219) | | | | | $ | 23,822,167 | | | | | $ | 36,101,391 | | |
|
Average Non-PEO NEOs SCT Total to CAP Reconciliation: | | | 2023 | | | 2022 | | | 2021 | | | 2020 | | ||||||||||||
SCT Total Compensation | | | | $ | 4,631,434 | | | | | $ | 1,362,382 | | | | | $ | 1,477,609 | | | | | $ | 3,339,331 | | |
Grant Date Fair Value of Option Awards and Stock Awards Granted in Fiscal Year | | | | $ | (4,137,658) | | | | | $ | (562,500) | | | | | $ | (401,063) | | | | | $ | (2,526,000) | | |
Fair Value at Fiscal Year-End of Outstanding and Unvested Option Awards and Stock Awards Granted in Fiscal Year | | | | $ | 5,261,580 | | | | | $ | 568,790 | | | | | $ | 565,023 | | | | | $ | 4,420,337 | | |
Change in Fair Value of Outstanding and Unvested Option Awards and Stock Awards Granted in Prior Fiscal Years | | | | $ | 1,424,528 | | | | | $ | (2,263,801) | | | | | $ | 3,041,857 | | | | | $ | 2,760,419 | | |
Change in Fair Value as of Vesting Date of Option Awards and Stock Awards Granted in Prior Fiscal Years For Which Applicable Vesting Conditions Were Satisfied During Fiscal Year | | | | $ | 186,654 | | | | | $ | (1,095,387) | | | | | $ | 1,034,684 | | | | | $ | 358,582 | | |
Fair Value as of Prior Fiscal Year-End of Option Awards and Stock Awards Granted in Prior Fiscal Years That Failed to Meet Applicable Vesting Conditions During Fiscal Year | | | | $ | (179,676) | | | | | $ | — | | | | | $ | — | | | | | $ | — | | |
Compensation Actually Paid | | | | $ | 7,186,862 | | | | | $ | (1,990,516) | | | | | $ | 5,718,110 | | | | | $ | 8,352,669 | | |
Name | | | Fees Earned or Paid in Cash ($) | | | Stock Awards ($) | | | All Other Compensation ($) | | | Totals ($) | | ||||||||||||
Norman Axelrod (Chairman) | | | | $ | 132,500 | | | | | $ | 100,052 | | | | | $ | — | | | | | $ | 232,552 | | |
Peter Starrett | | | | $ | 59,375 | | | | | $ | 100,052 | | | | | $ | — | | | | | $ | 159,427 | | |
Vincent West(4) | | | | $ | — | | | | | $ | — | | | | | $ | 75,000 | | | | | $ | 75,000 | | |
John Roth(5) | | | | $ | — | | | | | $ | — | | | | | $ | — | | | | | $ | — | | |
Brad Brutocao(6) | | | | $ | — | | | | | $ | — | | | | | $ | — | | | | | $ | — | | |
David Kaplan | | | | $ | — | | | | | $ | — | | | | | $ | — | | | | | $ | — | | |
Rachel Lee(7) | | | | $ | — | | | | | $ | — | | | | | $ | — | | | | | $ | — | | |
Michael Fung(8) | | | | $ | 71,250 | | | | | $ | 100,052 | | | | | $ | — | | | | | $ | 171,302 | | |
Richard L. Sullivan | | | | $ | 59,375 | | | | | $ | 100,052 | | | | | $ | — | | | | | $ | 159,427 | | |
Felicia D. Thornton | | | | $ | 63,750 | | | | | $ | 100,052 | | | | | $ | — | | | | | $ | 163,802 | | |
Name | | | Fees Earned or Paid in Cash ($) | | | Stock Awards ($) | | | All Other Compensation ($) | | | Totals ($) | | ||||||||||||
Norman Axelrod (Chairman) | | | | $ | 222,500 | | | | | $ | 140,089 | | | | | $ | — | | | | | $ | 362,589 | | |
Peter Starrett | | | | $ | 90,000 | | | | | $ | 140,089 | | | | | $ | — | | | | | $ | 230,089 | | |
George Vincent West(3) | | | | $ | — | | | | | $ | — | | | | | $ | 100,000 | | | | | $ | 100,000 | | |
Melissa Kersey | | | | $ | 60,000 | | | | | $ | 91,193 | | | | | $ | — | | | | | $ | 151,193 | | |
Charles Young | | | | $ | 87,500 | | | | | $ | 140,089 | | | | | $ | — | | | | | $ | 227,589 | | |
Felicia Thornton | | | | $ | — | | | | | $ | 240,049 | | | | | $ | — | | | | | $ | 240,049 | | |
Richard Sullivan | | | | $ | 90,000 | | | | | $ | 140,089 | | | | | $ | — | | | | | $ | 230,089 | | |
Ryan Marshall | | | | $ | 90,000 | | | | | $ | 140,089 | | | | | $ | — | | | | | $ | 230,089 | | |
Dwight James | | | | $ | 87,500 | | | | | $ | 140,089 | | | | | $ | — | | | | | $ | 227,589 | | |
William Giles | | | | $ | 105,000 | | | | | $ | 140,089 | | | | | $ | — | | | | | $ | 245,089 | | |
Name | | | Restricted Stock Units Outstanding | | |||||||||
Axelrod, Norman | | | | | |||||||||
| | ||||||||||||
Starrett, Peter | | | | | | | |||||||
Kersey, Melissa | | | | | 1,009 | | |||||||
Young, Charles | | | | | 1,550 | | | ||||||
Thornton, Felicia | | | | | 2,656 | | | ||||||
Sullivan, Richard | | | | | | | |||||||
Marshall, Ryan | | | | | | | |||||||
| | | | | | ||||||||
Giles, William | | | | | | |
Plan Category(1) | | Number of securities to be issued upon exercise of outstanding options(2) | | Weighted-average exercise price of outstanding options(3) | | Number of securities remaining available for future issuance under the equity compensation plans(4) | | | Number of securities to be issued upon exercise of outstanding options(2) | | Weighted-average exercise price of outstanding options(3) | | Number of securities remaining available for future issuance under the equity compensation plans(4) | | | ||||||||||||||||||||||||||
Equity compensation plans approved by security holders | | | | 3,740,604 | | | | $ | 20.72 | | | | | 3,460,087 | | | | | | 1,607,341 | | | | $ | 28.51 | | | | | 6,333,338 | | | | | |||||||
Equity compensation plans not approved by security holders | | | | — | | | | | — | | | | | — | | | | | | — | | | | | — | | | | | — | | | | |
Name of Beneficial Owner | | | Total Shares Beneficially Owned(1) | | | Total Percentage Beneficially Owned(1) | | ||||||
Named Executive Officers and Directors: | | | | | | | | | | | | | |
Thomas V. Taylor | | | | | 623,592(2) | | | | | | * | | |
Trevor S. Lang | | | | | 234,734(3) | | | | | | * | | |
Bryan H. Langley | | | | | 24,319(4) | | | | | | * | | |
David V. Christopherson | | | | | 4,544(5) | | | | | | * | | |
Brian K. Robbins(6) | | | | | 2,947(7) | | | | | | | | |
Steven A. Denny | | | | | 1,641(8) | | | | | | * | | |
Ersan Sayman | | | | | 130,032(9) | | | | | | * | | |
Norman H. Axelrod | | | | | 456,102(10) | | | | | | * | | |
George Vincent West | | | | | 586,568(11) | | | | | | * | | |
Peter M. Starrett | | | | | 133,189(12) | | | | | | * | | |
Richard L. Sullivan | | | | | 9,189(13) | | | | | | * | | |
Felicia D. Thornton | | | | | 17,401(14) | | | | | | * | | |
Ryan R. Marshall | | | | | 4,334(15) | | | | | | * | | |
Melissa Kersey(16) | | | | | 1,009(17) | | | | | | * | | |
Charles D. Young | | | | | 4,963(18) | | | | | | * | | |
William T. Giles | | | | | 7,449(19) | | | | | | * | | |
Dwight L. James | | | | | 4,256(20) | | | | | | * | | |
All directors and executive officers as a group (16 persons) | | | | | 2,248,942 | | | | | | 2.1% | | |
5% Stockholders: | | | | | | | | | | | | | |
BlackRock, Inc.(21) | | | | | 16,150,124(22) | | | | | | 15.1% | | |
Capital World Investors(23) | | | | | 11,908,550(24) | | | | | | 11.1% | | |
The Vanguard Group, Inc.(25) | | | | | 9,658,747(26) | | | | | | 9.0% | | |
Capital Research Global Investors(27) | | | | | 6,537,191(28) | | | | | | 6.1% | | |
T. Rowe Price Associates, Inc.(29) | | | | | 6,293,331(30) | | | | | | 5.9% | | |