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