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As Of Filer Filing For·On·As Docs:Size Issuer Filing Agent 12/12/23 Farmer Brothers Co. DEF 14A 1/24/24 11:3.8M Toppan Merrill/FA |
Document/Exhibit Description Pages Size 1: DEF 14A Definitive Proxy Statement HTML 1.67M 6: R1 Cover HTML 16K 7: R2 Pay vs Performance Disclosure HTML 306K 9: XML IDEA XML File -- Filing Summary XML 16K 8: XML XBRL Instance -- tm2332306d3_def14a_htm XML 393K 3: EX-101.DEF XBRL Definitions -- farm-20230630_def XML 21K 4: EX-101.LAB XBRL Labels -- farm-20230630_lab XML 34K 5: EX-101.PRE XBRL Presentations -- farm-20230630_pre XML 18K 2: EX-101.SCH XBRL Schema -- farm-20230630 XSD 24K 10: JSON XBRL Instance as JSON Data -- MetaLinks 124± 155K 11: ZIP XBRL Zipped Folder -- 0001104659-23-125361-xbrl Zip 732K
tm2332306-2_nonfiling - none - 12.562529s |
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| John E. Moore III | | | David Pace1 | |
| Interim Chief Executive Officer | | | Interim Chairman of the Board of Directors | |
| | | | | 1 | | | |
| | | | | 7 | | | |
| | | | | 13 | | | |
| | | | | 17 | | | |
| | | | | 19 | | | |
| | | | | 20 | | | |
| | | | | 51 | | | |
| | | | | 55 | | | |
| | | | | 56 | | | |
| | | | | 57 | | | |
| | | | | 60 | | | |
| | | | | 62 | | |
| |
Board Diversity Matrix
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| | ||||||||||||||||||||||||||||||||
| | | | | |
As of September 1, 2022
|
| | |
As of October 1, 2023
|
| | ||||||||||||||||||||||||
| |
Total Number of Directors
|
| | |
8
|
| | |
7
|
| | ||||||||||||||||||||||||
| | Part I: Gender Identity | | | |
Female
|
| | |
Male
|
| | |
Non-
Binary |
| | |
Did Not
Disclose Gender |
| | |
Female
|
| | |
Male
|
| | |
Non-
Binary |
| | |
Did Not
Disclose Gender |
| |
| | Directors | | | |
2
|
| | |
6
|
| | |
0
|
| | |
0
|
| | |
2
|
| | |
5
|
| | |
0
|
| | |
0
|
| |
| | Part II: Demographic Background | | | ||||||||||||||||||||||||||||||||
| | African American or Black | | | |
0
|
| | |
1
|
| | |
0
|
| | |
0
|
| | |
0
|
| | |
1
|
| | |
0
|
| | |
0
|
| |
| | Alaskan Native or Native American | | | |
0
|
| | |
0
|
| | |
0
|
| | |
0
|
| | |
0
|
| | |
0
|
| | |
0
|
| | |
0
|
| |
| | Asian or South Asian | | | |
0
|
| | |
1
|
| | |
0
|
| | |
0
|
| | |
0
|
| | |
1
|
| | |
0
|
| | |
0
|
| |
| | Hispanic or Latinx | | | |
0
|
| | |
0
|
| | |
0
|
| | |
0
|
| | |
0
|
| | |
0
|
| | |
0
|
| | |
0
|
| |
| | Native Hawaiian or Pacific Islander | | | |
0
|
| | |
0
|
| | |
0
|
| | |
0
|
| | |
0
|
| | |
0
|
| | |
0
|
| | |
0
|
| |
| | White | | | |
2
|
| | |
4
|
| | |
0
|
| | |
0
|
| | |
2
|
| | |
3
|
| | |
0
|
| | |
0
|
| |
| | Two or More Races or Ethnicities | | | |
0
|
| | |
0
|
| | |
0
|
| | |
0
|
| | |
0
|
| | |
0
|
| | |
0
|
| | |
0
|
| |
| | LGBTQ+ | | | |
0
|
| | |
0
|
| | |
0
|
| | |
0
|
| | |
0
|
| | |
0
|
| | |
0
|
| | |
0
|
| |
| | Military Veterans | | | |
0
|
| | |
1
|
| | |
0
|
| | |
0
|
| | |
0
|
| | |
0
|
| | |
0
|
| | |
0
|
| |
| | Directors with disabilities | | | |
0
|
| | |
0
|
| | |
0
|
| | |
0
|
| | |
0
|
| | |
0
|
| | |
0
|
| | |
0
|
| |
| |
Did Not Disclose Demographic Background
|
| | |
0
|
| | |
0
|
| | |
0
|
| | |
0
|
| | |
0
|
| | |
0
|
| | |
0
|
| | |
0
|
| |
| |
Form of Non-Employee Director Compensation
|
| | |
Director Compensation Program
|
| |
| | Annual Board Cash Retainer | | | | $60,000 | | |
| | Committee Chair Cash Retainer | | | |
$10,000 for Nominating and Corporate Governance Committee, Strategy and Capital Allocation Committee, and Technology Committee
$15,000 for Compensation Committee
$20,000 for Audit Committee
|
| |
| | Non-Chair Committee Cash Retainer | | | |
$7,500 for Compensation Committee, Nominating and Corporate Governance Committee, Strategy and Capital Allocation Committee, and Technology Committee
$10,000 for Audit Committee
|
| |
| | Chairman of the Board Cash Retainer | | | |
$50,000, with no additional fees for committee service
|
| |
| | Meeting Fees | | | |
$2,000, only paid for Board or committee meetings in excess of seven in a fiscal year
|
| |
| | Annual Equity Award Value | | | | $95,000 | | |
| | Expense Reimbursement | | | |
Payment or reimbursement of reasonable travel expenses from outside the greater Dallas-Fort Worth area, in accordance with Company policy, incurred in connection with attendance at Board and committee meetings, as well as payment or reimbursement of amounts incurred in connection with director continuing education
|
| |
| | Other | | | |
Ad hoc committee fees are determined from time to time by the Board, as needed
|
| |
| |
Director
|
| | |
Fees Earned
or Paid in Cash ($) |
| | |
Stock
Awards($)(1) |
| | |
Total ($)
|
| | |||||||||
| | Allison M. Boersma | | | | | | 105,375 | | | | | | | 102,913 | | | | | | | 208,288 | | | |
| | Stacy Loretz-Congdon | | | | | | 93,875 | | | | | | | 102,913 | | | | | | | 196,788 | | | |
| | Christopher P. Mottern(2) | | | | | | 128,500 | | | | | | | 55,415 | | | | | | | 183,915 | | | |
| | Alfred Poe | | | | | | 98,555 | | | | | | | 102,913 | | | | | | | 201,468 | | | |
| | John D. Robinson | | | | | | 104,125 | | | | | | | 102,913 | | | | | | | 207,038 | | | |
| | Waheed Zaman | | | | | | 93,875 | | | | | | | 102,913 | | | | | | | 196,788 | | | |
| | Bradley L. Radoff | | | | | | 37,500 | | | | | | | 110,129 | | | | | | | 147,629 | | | |
| | David A. Pace | | | | | | 31,250 | | | | | | | 94,966 | | | | | | | 126,216 | | | |
| | Charles Marcy(3) | | | | | | 70,042 | | | | | | | N/A | | | | | | | 70,042 | | | |
| |
Name
|
| | |
Age
|
| | |
Title
|
| | |
Executive Officer Since
|
| |
| | John E. Moore III(1) | | | |
53
|
| | |
Interim Chief Executive Officer
|
| | |
2023
|
| |
| | Brad Bollner | | | |
51
|
| | |
Interim Chief Financial Officer
|
| | |
2023
|
| |
| | Jared G. Vitemb | | | |
40
|
| | |
Vice President, General Counsel, Chief Compliance Officer and Secretary
|
| | |
2022
|
| |
| | Thomas E. Bauer | | | |
59
|
| | |
Vice President, Head of DSD
|
| | |
2023
|
| |
| |
Name
|
| | |
Title (as of June 30, 2023)
|
| |
| | D. Deverl Maserang II | | | |
Former President and Chief Executive Officer
|
| |
| | Scott R. Drake | | | |
Former Chief Financial Officer
|
| |
| | Amber D. Jefferson | | | |
Former Chief Human Resources Officer
|
| |
| | Jared G. Vitemb | | | |
Vice President, General Counsel, Chief Compliance Officer and Secretary
|
| |
| | Ruben E. Inofuentes | | | |
Former Chief Supply Chain Officer
|
| |
| | Maurice S. J. Moragne | | | |
Former Chief Sales Officer
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| |
| |
Absolute 3-year Cumulative TSR
|
| | |
Modification Factor
|
| |
| | ≤ 25.0% | | | |
0.8x
|
| |
| | -25.0% to +24.9% | | | |
1.0x
|
| |
| | +25.0% to +49.9% | | | |
1.20x
|
| |
| | +50.0% to +99.9% | | | |
1.33x
|
| |
| | ≥ 100% | | | |
1.50x
|
| |
| |
Beyond Meat, Inc.
|
| | |
Bridgford Foods Corporation
|
| |
| |
Calavo Growers, Inc.
|
| | |
Freshpet, Inc.
|
| |
| |
Hostess Brands, Inc.
|
| | |
J&J Snack Foods Corp.
|
| |
| |
John B Sanfilippo & Son, Inc.
|
| | |
MGP Ingredients, Inc.
|
| |
| |
NewAge, Inc.
|
| | |
SunOpta, Inc.
|
| |
| |
The Duckhorn Portfolio, Inc.
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| | |
The Simply Good Foods Company
|
| |
| |
Utz Brands, Inc.
|
| | |
Vital Farms, Inc.
|
| |
| |
Whole Earth Brands, Inc.
|
| | | | | |
| |
What We Pay
|
| | |
Why and How We Pay It
|
| |
| | Base Salary | | | |
•
Base salary comprises fixed cash compensation that is designed to provide a reasonable level of Company-wide and individual performance.
•
Base salaries are reviewed annually and adjusted when appropriate (increases are neither fixed nor guaranteed).
•
Competitive base salaries are a key component of attracting and retaining executive talent.
|
| |
| | Short-Term Cash Incentives | | | |
•
Annual cash incentives constitute variable “at risk” compensation, payable in cash based on Company-wide and individual performance. These awards are designed to reward achievement of annual financial objectives as well as near term strategic objectives that create momentum that is expected to foster the long-term success of the Company’s business.
•
Company-wide metrics and targets are derived from, and intended to promote, our near-term business strategy.
•
Individual targets are consistent with our focus on both quantitative and qualitative priorities and thereby reward both attainment of objective metrics and individual contributions.
|
| |
| | Long-Term Incentives | | | |
•
Stock options, Restricted Stock Units (“RSUs”) and Performance-based Restricted Stock Units (“PBRSUs”) subject to both performance- and time-based vesting conditions are designed to create direct alignment with stockholder objectives, provide a focus on long-term value creation, retain critical talent over extended timeframes and enable key employees to share in value creation.
•
Performance-based award metrics and targets align with long-term business strategy as well as stock price appreciation creating shareholder value.
|
| |
| |
What We Pay
|
| | |
Why and How We Pay It
|
| |
| | Severance Benefits | | | |
•
Severance benefits provide income and health insurance protection to our Named Executive Officers in connection with certain involuntary terminations of employment. These severance benefits are designed to enable the Named Executive Officers to focus on the best interests of the Company and its stockholders, including in circumstances that may jeopardize the individual’s job security.
•
Enhanced severance benefits are available if the termination of employment occurs in connection with a change in control to ensure continued focus on the best alternatives for the Company and its stockholders, free from distractions caused by personal uncertainties associated with the heightened risk to job security that arises for senior executives in the transactional context.
•
Severance benefits are also key to attracting and retaining key talent.
|
| |
| | Retirement and Welfare Benefits | | | |
•
A standard complement of retirement, health, welfare and insurance benefits, offered to our Named Executive Officers on terms generally similar to those available to other employees, provides important protections and stability for our Named Executive Officers and their families that help enable our Named Executive Officers to remain focused on their work responsibilities.
•
These are generally low-cost benefits with a higher perceived value that are intended to help keep our overall compensation package competitive.
|
| |
| | Perquisites | | | |
•
We provide limited perquisites as well as relocation assistance, each intended to facilitate the operation of the Company’s business and to assist the Company in recruiting and retaining key executives.
•
These are also low-cost benefits with a higher perceived value that are intended to help keep our overall compensation package competitive.
|
| |
| |
Named Executive Officers
|
| | |
Fiscal 2023
Annual Base Salary ($)(1) |
| | |
Fiscal 2022
Annual Base Salary ($)(1) |
| | |
Annual Base Salary
Percentage Change |
| | |||||||||
| | D. Deverl Maserang II | | | | | | 714,000 | | | | | | | 680,000 | | | | | | | 5% | | | |
| | Scott R. Drake | | | | | | 463,500 | | | | | | | 450,000 | | | | | | | 3% | | | |
| | Amber D. Jefferson | | | | | | 336,000 | | | | | | | 320,000 | | | | | | | 5% | | | |
| | Jared G. Vitemb | | | | | | 315,000 | | | | | | | 300,000 | | | | | | | 5% | | | |
| | Ruben E. Inofuentes | | | | | | 360,500 | | | | | | | 350,000 | | | | | | | 3% | | | |
| | Maurice S. J. Moragne | | | | | | 372,725 | | | | | | | 355,000 | | | | | | | 5% | | | |
| |
Metric
|
| | |
AEBITDA
Target |
| | |
Threshold
Goal |
| | |
Actual
Achievement |
| | |
Actual
Achievement Compared to Target Performance |
| | |
Payout for Fiscal 2023
Company-wide Performance |
| | |||||||||||||||
| | Adjusted EBITDA | | | | | $ | 22M | | | | | | $ | 16.5M | | | | | | $ | (14.2M) | | | | | | | 0% | | | | | | | 0% | | | |
| |
Named Executive Officers
|
| | |
Fiscal 2023 Target Short Term
Cash Incentive |
| | |
Fiscal 2023 Target Short Term
Earned Cash Incentive |
| | ||||||
| | D. Deverl Maserang II | | | | | $ | 714,000 | | | | | | $ | 0 | | | |
| | Scott R. Drake | | | | | $ | 347,625 | | | | | | $ | 0 | | | |
| | Amber D. Jefferson | | | | | $ | 201,600 | | | | | | $ | 0 | | | |
| | Jared G. Vitemb | | | | | $ | 189,000 | | | | | | $ | 0 | | | |
| | Ruben E. Inofuentes | | | | | $ | 216,300 | | | | | | $ | 0 | | | |
| | Maurice S. J. Moragne | | | | | $ | 223,650 | | | | | | $ | 0 | | | |
| |
Position
|
| | |
Value of Shares Owned
|
| |
| | Chief Executive Officer | | | |
3x base salary
|
| |
| | Other Executive Officers | | | |
1x base salary
|
| |
| | Non-Employee Directors | | | |
4x Annual Cash Retainer
|
| |
| |
Name and Principal Position
|
| | |
Year
|
| | |
Salary ($)
|
| | |
Bonus ($)
|
| | |
Stock
Awards ($) |
| | |
Option
Awards ($) |
| | |
Non-Equity
Incentive Plan Compensation ($) |
| | |
All Other
Compensation ($) |
| | |
Total ($)
|
| | ||||||||||||||||||||||||
| |
(a)
|
| | |
(b)
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| | |
(c)
|
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(d)
|
| | |
(e)
|
| | |
(f)
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| | |
(g)
|
| | |
(i)
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(j)
|
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| |
D. Deverl Maserang II(1)
Former Principal Executive Officer |
| | | | | 2023 | | | | | | | 704,846 | | | | | | | — | | | | | | | 1,499,994 | | | | | | | — | | | | | | | — | | | | | | | 9,900 | | | | | | | 2,214,740 | | | |
| | | | | | | | 2022 | | | | | | | 676,154 | | | | | | | — | | | | | | | 2,006,755 | | | | | | | — | | | | | | | 598,400 | | | | | | | 20,900 | | | | | | | 3,292,209 | | | |
| | | | | | | | 2021 | | | | | | | 615,574 | | | | | | | — | | | | | | | 1,899,995 | | | | | | | — | | | | | | | 660,000 | | | | | | | 11,114 | | | | | | | 3,186,683 | | | |
| |
Scott R. Drake(2)
Former Principal Financial Officer |
| | | | | 2023 | | | | | | | 459,865 | | | | | | | — | | | | | | | 449,997 | | | | | | | — | | | | | | | — | | | | | | | 13,908 | | | | | | | 923,770 | | | |
| | | | | | | | 2022 | | | | | | | 397,500 | | | | | | | — | | | | | | | 712,160 | | | | | | | — | | | | | | | 297,000 | | | | | | | 19,119 | | | | | | | 1,425,779 | | | |
| | | | | | | | 2021 | | | | | | | 349,758 | | | | | | | — | | | | | | | 344,989 | | | | | | | — | | | | | | | 281,250 | | | | | | | 14,226 | | | | | | | 990,223 | | | |
| |
Amber D. Jefferson(3)
Former Chief Human Resources Officer |
| | | | | 2023 | | | | | | | 331,692 | | | | | | | — | | | | | | | 224,998 | | | | | | | — | | | | | | | — | | | | | | | 15,176 | | | | | | | 571,866 | | | |
| | | | | | | | 2022 | | | | | | | 221,538 | | | | | | | — | | | | | | | 249,996 | | | | | | | — | | | | | | | 168,960 | | | | | | | 10,359 | | | | | | | 650,853 | | | |
| |
Jared G. Vitemb(4)
Vice President, General Counsel, Secretary and Chief Compliance Officer |
| | | | | 2023 | | | | | | | 310,961 | | | | | | | — | | | | | | | 224,998 | | | | | | | — | | | | | | | — | | | | | | | 16,759 | | | | | | | 552,718 | | | |
| |
Maurice S.J. Moragne(5)
Former Chief Sales Officer |
| | | | | 2023 | | | | | | | 283,078 | | | | | | | — | | | | | | | 299,994 | | | | | | | — | | | | | | | — | | | | | | | 204,074 | | | | | | | 787,146 | | | |
| | | | | | | | 2022 | | | | | | | 352,115 | | | | | | | — | | | | | | | 267,567 | | | | | | | — | | | | | | | 170,400 | | | | | | | 20,606 | | | | | | | 810,688 | | | |
| | | | | | | | 2021 | | | | | | | 340,000 | | | | | | | — | | | | | | | 289,986 | | | | | | | 74,998 | | | | | | | 204,000 | | | | | | | 10,994 | | | | | | | 844,980 | | | |
| |
Ruben E. Inofuentes(6)
Former Chief Supply Chain Officer |
| | | | | 2023 | | | | | | | 281,795 | | | | | | | — | | | | | | | 274,995 | | | | | | | — | | | | | | | — | | | | | | | 109,242 | | | | | | | 666,032 | | | |
| | | | | | | | 2022 | | | | | | | 348,077 | | | | | | | — | | | | | | | 245,266 | | | | | | | — | | | | | | | 159,600 | | | | | | | 20,675 | | | | | | | 773,618 | | | |
| | | | | | | | 2021 | | | | | | | 317,114 | | | | | | | — | | | | | | | 359,992 | | | | | | | — | | | | | | | 204,000 | | | | | | | 11,248 | | | | | | | 892,354 | | | |
| |
All Other Compensation(1)
|
| | ||||||||||||||||||||||||||||
| |
Name
|
| | |
Year
|
| | |
Company Contributions to
401(k) Plan ($)(2) |
| | |
Relocation
Expense ($)(3) |
| | |
Payments Under
Severance Agreements |
| | ||||||||||||
| |
D. Deverl Maserang II
Former Principal Executive Officer |
| | | | | 2023 | | | | | | | 9,900 | | | | | | | — | | | | | | | — | | | |
| | | | | | | | 2022 | | | | | | | 20,900 | | | | | | | — | | | | | | | — | | | |
| | | | | | | | 2021 | | | | | | | 11,114 | | | | | | | — | | | | | | | — | | | |
| |
Scott R. Drake
Former Principal Financial Officer |
| | | | | 2023 | | | | | | | 13,908 | | | | | | | — | | | | | | | — | | | |
| | | | | | | | 2022 | | | | | | | 19,119 | | | | | | | — | | | | | | | — | | | |
| | | | | | | | 2021 | | | | | | | 14,226 | | | | | | | — | | | | | | | — | | | |
| |
Amber D. Jefferson
Former Chief Human Resources Officer |
| | | | | 2023 | | | | | | | 15,176 | | | | | | | — | | | | | | | — | | | |
| | | | | | | | 2022 | | | | | | | 10,359 | | | | | | | — | | | | | | | — | | | |
| |
Jared G. Vitemb
Vice President, General Counsel, Secretary and Chief Compliance Officer |
| | | | | 2023 | | | | | | | 16,759 | | | | | | | — | | | | | | | — | | | |
| |
Maurice S.J. Moragne
Former Chief Sales Officer |
| | | | | 2023 | | | | | | | 11,922 | | | | | | | 91,796 | | | | | | | 100,356 | | | |
| | | | | | | | 2022 | | | | | | | 20,606 | | | | | | | — | | | | | | | — | | | |
| | | | | | | | 2021 | | | | | | | 10,994 | | | | | | | — | | | | | | | — | | | |
| |
Ruben E. Inofuentes
Former Chief Supply Chain Officer |
| | | | | 2023 | | | | | | | 12,184 | | | | | | | — | | | | | | | 97,058 | | | |
| | | | | | | | 2022 | | | | | | | 20,675 | | | | | | | — | | | | | | | — | | | |
| | | | | | | | 2021 | | | | | | | 11,248 | | | | | | | — | | | | | | | — | | | |
| |
Name
|
| | |
Grant
Date |
| | |
Estimated Future Payouts Under
Non-Equity Incentive Plan Awards |
| | |
Estimated Future Payouts Under
Equity Incentive Plan Awards(1) |
| | |
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) |
| | |||||||||||||||||||||||||||||||||||||||||||||||||
|
Threshold
($)(3) |
| | |
Target
($)(3) |
| | |
Maximum
($)(3) |
| | |
Threshold
(#) |
| | |
Target
(#) |
| | |
Maximum
(#) |
| | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| |
(a)
|
| | |
(b)
|
| | |
(c)
|
| | |
(d)
|
| | |
(e)
|
| | |
(f)
|
| | |
(g)
|
| | |
(h)
|
| | |
(i)
|
| | |
(j)
|
| | |
(k)
|
| | |
(l)
|
| | |||||||||||||||||||||||||||||||||
| |
D. Deverl Maserang II
Former Principal Executive Officer |
| | | | | 11/1/2022 | | | | | | | — | | | | | | | — | | | | | | | — | | | | | | | — | | | | | | | — | | | | | | | — | | | | | | | 117,187 | | | | | | | — | | | | | | | — | | | | | | | 749,997 | | | |
| | | | | | | | 11/1/2022 | | | | | | | — | | | | | | | — | | | | | | | — | | | | | | | 0 | | | | | | | 117,187 | | | | | | | 263,370 | | | | | | | — | | | | | | | — | | | | | | | — | | | | | | | 749,997 | | | |
| |
Scott R. Drake
Former Principal Financial Officer |
| | | | | 11/1/2022 | | | | | | | — | | | | | | | — | | | | | | | — | | | | | | | — | | | | | | | — | | | | | | | — | | | | | | | 35,156 | | | | | | | — | | | | | | | — | | | | | | | 224,998 | | | |
| | | | | | | | 11/1/2022 | | | | | | | — | | | | | | | — | | | | | | | — | | | | | | | 0 | | | | | | | 35,156 | | | | | | | 81,344 | | | | | | | — | | | | | | | — | | | | | | | — | | | | | | | 224,998 | | | |
| |
Amber D. Jefferson
Former Chief Human Resources Officer |
| | | | | 11/1/2022 | | | | | | | — | | | | | | | — | | | | | | | — | | | | | | | — | | | | | | | — | | | | | | | — | | | | | | | 17,578 | | | | | | | — | | | | | | | — | | | | | | | 112,499 | | | |
| | | | | | | | 11/1/2022 | | | | | | | — | | | | | | | — | | | | | | | — | | | | | | | 0 | | | | | | | 17,578 | | | | | | | 39,550 | | | | | | | — | | | | | | | — | | | | | | | — | | | | | | | 112,499 | | | |
| |
Jared G. Vitemb
Vice President, General Counsel, Secretary and Chief Compliance Officer |
| | | | | 11/1/2022 | | | | | | | — | | | | | | | — | | | | | | | — | | | | | | | — | | | | | | | — | | | | | | | — | | | | | | | 17,578 | | | | | | | — | | | | | | | — | | | | | | | 112,499 | | | |
| | | | | | | | 11/1/2022 | | | | | | | — | | | | | | | — | | | | | | | — | | | | | | | — | | | | | | | — | | | | | | | — | | | | | | | 17,578 | | | | | | | — | | | | | | | — | | | | | | | 112,499 | | | |
| |
Maurice S.J. Moragne
Former Chief Sales Officer |
| | | | | 11/1/2022 | | | | | | | — | | | | | | | — | | | | | | | — | | | | | | | — | | | | | | | — | | | | | | | — | | | | | | | 23,437 | | | | | | | — | | | | | | | — | | | | | | | 149,997 | | | |
| | | | | | | | 11/1/2022 | | | | | | | — | | | | | | | — | | | | | | | — | | | | | | | 0 | | | | | | | 23,437 | | | | | | | 52,733 | | | | | | | — | | | | | | | — | | | | | | | — | | | | | | | 149,997 | | | |
| |
Ruben E. Inofuentes
Former Chief Supply Chain Officer |
| | | | | 11/1/2022 | | | | | | | — | | | | | | | — | | | | | | | — | | | | | | | — | | | | | | | — | | | | | | | — | | | | | | | 21,484 | | | | | | | — | | | | | | | — | | | | | | | 137,498 | | | |
| | | | | | | | 11/1/2022 | | | | | | | — | | | | | | | — | | | | | | | — | | | | | | | 0 | | | | | | | 21,484 | | | | | | | 48,338 | | | | | | | — | | | | | | | — | | | | | | | — | | | | | | | 137,498 | | | |
| |
Name
|
| | |
Option Awards
|
| | |
Stock Awards
|
| | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
|
Number of
Securities Underlying Unexercised Options (#) Exercisable(1) |
| | |
Number of
Securities Underlying Unexercised Options (#) Unexercisable(1) |
| | |
Equity
Incentive Plan Awards: Number of Securities Underlying Unexercised Unearned Options (#) |
| | |
Option
Exercise Price ($) |
| | |
Option
Expiration Date |
| | |
Number
of Shares or Units of Stock That Have Not Vested (#)(2) |
| | |
Market
Value of Shares or Units of Stock That Have Not Vested ($)(3) |
| | |
Equity
Incentive Plan Awards: Number of Unearned Shares, Units or Other Rights That Have Not Vested (#)(4) |
| | |
Equity Incentive
Plan Awards: Market or Payout Value of Unearned Shares, Units or Other Rights That Have Not Vested ($)(3) |
| | ||||||||||||||||||||||||||||||||
| |
(a)
|
| | |
(b)
|
| | |
(c)
|
| | |
(d)
|
| | |
(e)
|
| | |
(f)
|
| | |
(g)
|
| | |
(h)
|
| | |
(i)
|
| | |
(j)
|
| | |||||||||||||||||||||||||||
| |
D. Deverl Maserang II
Former Principal Executive Officer |
| | | | | 223,713 | | | | | | | — | | | | | | | — | | | | | | $ | 13.13 | | | | | | | 9/13/2026 | | | | | | | — | | | | | | | — | | | | | | | — | | | | | | | — | | | |
| | | | | | | | — | | | | | | | — | | | | | | | — | | | | | | | — | | | | | | | — | | | | | | | — | | | | | | | — | | | | | | | 231,707 | | | | | | | 641,828 | | | |
| | | | | | | | — | | | | | | | — | | | | | | | — | | | | | | | — | | | | | | | — | | | | | | | — | | | | | | | — | | | | | | | 112,613 | | | | | | | 311,938 | | | |
| | | | | | | | — | | | | | | | — | | | | | | | — | | | | | | | — | | | | | | | — | | | | | | | — | | | | | | | — | | | | | | | 117,187 | | | | | | | 324,608 | | | |
| | | | | | | | — | | | | | | | — | | | | | | | — | | | | | | | — | | | | | | | — | | | | | | | 52,515 | | | | | | | 145,467 | | | | | | | — | | | | | | | — | | | |
| | | | | | | | — | | | | | | | — | | | | | | | — | | | | | | | — | | | | | | | — | | | | | | | 75,075 | | | | | | | 207,958 | | | | | | | — | | | | | | | — | | | |
| | | | | | | | — | | | | | | | — | | | | | | | — | | | | | | | — | | | | | | | — | | | | | | | 117,187 | | | | | | | 324,608 | | | | | | | — | | | | | | | — | | | |
| |
Name
|
| | |
Option Awards
|
| | |
Stock Awards
|
| | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
|
Number of
Securities Underlying Unexercised Options (#) Exercisable(1) |
| | |
Number of
Securities Underlying Unexercised Options (#) Unexercisable(1) |
| | |
Equity
Incentive Plan Awards: Number of Securities Underlying Unexercised Unearned Options (#) |
| | |
Option
Exercise Price ($) |
| | |
Option
Expiration Date |
| | |
Number
of Shares or Units of Stock That Have Not Vested (#)(2) |
| | |
Market
Value of Shares or Units of Stock That Have Not Vested ($)(3) |
| | |
Equity
Incentive Plan Awards: Number of Unearned Shares, Units or Other Rights That Have Not Vested (#)(4) |
| | |
Equity Incentive
Plan Awards: Market or Payout Value of Unearned Shares, Units or Other Rights That Have Not Vested ($)(3) |
| | ||||||||||||||||||||||||||||||||
| |
(a)
|
| | |
(b)
|
| | |
(c)
|
| | |
(d)
|
| | |
(e)
|
| | |
(f)
|
| | |
(g)
|
| | |
(h)
|
| | |
(i)
|
| | |
(j)
|
| | |||||||||||||||||||||||||||
| |
Scott R. Drake
Former Principal Financial Officer |
| | | | | 88,495 | | | | | | | — | | | | | | | — | | | | | | $ | 6.72 | | | | | | | 4/01/2027 | | | | | | | — | | | | | | | — | | | | | | | — | | | | | | | — | | | |
| | | | | | | | — | | | | | | | — | | | | | | | — | | | | | | | — | | | | | | | — | | | | | | | — | | | | | | | — | | | | | | | 21,036 | | | | | | | 58,270 | | | |
| | | | | | | | — | | | | | | | — | | | | | | | — | | | | | | | — | | | | | | | — | | | | | | | — | | | | | | | — | | | | | | | 14,014 | | | | | | | 38,819 | | | |
| | | | | | | | — | | | | | | | — | | | | | | | — | | | | | | | — | | | | | | | — | | | | | | | — | | | | | | | — | | | | | | | 35,156 | | | | | | | 97,382 | | | |
| | | | | | | | — | | | | | | | — | | | | | | | — | | | | | | | — | | | | | | | — | | | | | | | 9,536 | | | | | | | 26,415 | | | | | | | — | | | | | | | — | | | |
| | | | | | | | — | | | | | | | — | | | | | | | — | | | | | | | — | | | | | | | — | | | | | | | 6,671 | | | | | | | 18,479 | | | | | | | — | | | | | | | — | | | |
| | | | | | | | — | | | | | | | — | | | | | | | — | | | | | | | — | | | | | | | — | | | | | | | 14,014 | | | | | | | 38,819 | | | | | | | — | | | | | | | — | | | |
| | | | | | | | — | | | | | | | — | | | | | | | — | | | | | | | — | | | | | | | — | | | | | | | 36,765 | | | | | | | 101,590 | | | | | | | — | | | | | | | — | | | |
| | | | | | | | — | | | | | | | — | | | | | | | — | | | | | | | — | | | | | | | — | | | | | | | 35,156 | | | | | | | 97,382 | | | | | | | — | | | | | | | — | | | |
| |
Amber D. Jefferson
Former Chief Human Resources Officer |
| | | | | — | | | | | | | — | | | | | | | — | | | | | | | — | | | | | | | — | | | | | | | — | | | | | | | — | | | | | | | 17,578 | | | | | | | 48,691 | | | |
| | | | | | | | — | | | | | | | — | | | | | | | — | | | | | | | — | | | | | | | — | | | | | | | 32,581 | | | | | | | 90,249 | | | | | | | — | | | | | | | — | | | |
| | | | | | | | — | | | | | | | — | | | | | | | — | | | | | | | — | | | | | | | — | | | | | | | 17,578 | | | | | | | 48,691 | | | | | | | — | | | | | | | — | | | |
| |
Jared G. Vitemb
Vice President, General Counsel, Secretary and Chief Compliance Officer |
| | | | | — | | | | | | | — | | | | | | | — | | | | | | | — | | | | | | | — | | | | | | | 31,034 | | | | | | | 85,964 | | | | | | | — | | | | | | | — | | | |
| | | | | | | | — | | | | | | | — | | | | | | | — | | | | | | | — | | | | | | | — | | | | | | | 17,578 | | | | | | | 48,691 | | | | | | | — | | | | | | | — | | | |
| | | | | | | | — | | | | | | | — | | | | | | | — | | | | | | | — | | | | | | | — | | | | | | | 17,578 | | | | | | | 48,691 | | | | | | | — | | | | | | | — | | | |
| |
Maurice S.J. Moragne(5)
Former Chief Sales Officer |
| | | | | — | | | | | | | — | | | | | | | — | | | | | | | — | | | | | | | — | | | | | | | — | | | | | | | — | | | | | | | — | | | | | | | — | | | |
| |
Ruben E. Inofuentes(6)
Former Chief Supply Chain Officer |
| | | | | — | | | | | | | — | | | | | | | — | | | | | | | — | | | | | | | — | | | | | | | — | | | | | | | — | | | | | | | — | | | | | | | — | | | |
| |
Name
|
| | |
Option Awards
|
| | |
Stock Awards
|
| | ||||||||||||||||||||
|
Number of Shares
Acquired on Exercise (#) |
| | |
Value Realized on
Exercise ($) |
| | |
Number of Shares
Acquired on Vesting (#) |
| | |
Value Realized on
Vesting ($) |
| | |||||||||||||||||
| |
(a)
|
| | |
(b)
|
| | |
(c)
|
| | |
(d)
|
| | |
(e)
|
| | ||||||||||||
| |
D. Deverl Maserang II
Former Principal Executive Officer |
| | | | | — | | | | | | | — | | | | | | | 213,505 | | | | | | | 642,370 | | | |
| |
Scott R. Drake
Former Principal Financial Officer |
| | | | | — | | | | | | | — | | | | | | | 71,183 | | | | | | | 240,727 | | | |
| |
Amber D. Jefferson
Former Chief Human Resources Officer |
| | | | | — | | | | | | | — | | | | | | | — | | | | | | | — | | | |
| |
Jared G. Vitemb
Vice President, General Counsel, Secretary and Chief Compliance Officer |
| | | | | — | | | | | | | — | | | | | | | — | | | | | | | — | | | |
| |
Maurice S.J. Moragne
Former Chief Sales Officer |
| | | | | — | | | | | | | — | | | | | | | 14,103 | | | | | | | 71,069 | | | |
| |
Ruben E. Inofuentes
Former Chief Supply Chain Officer |
| | | | | — | | | | | | | — | | | | | | | 30,793 | | | | | | | 155,658 | | | |
| |
Name
|
| | |
Termination Without
Cause or Resignation for Good Reason Outside of Change in Control Period(1) |
| | |
Termination Without
Cause or Resignation for Good Reason Within Change in Control Period(2) |
| | |
Termination Without
Cause or Resignation for Good Reason Within Threatened Change in Control Period(3) |
| | |
Termination for Cause
or Resignation Absent Good Reason |
| | ||||||||||||
| |
D. Deverl Maserang II(4)
Former Principal Executive Officer |
| | ||||||||||||||||||||||||||||
| |
Base Salary Continuation(5)
|
| | | | | 1,428,000 | | | | | | | 2,856,000 | | | | | | | 2,856,000 | | | | | | | 714,000 | | | |
| |
Annual Incentive Payments(6)
|
| | | | | 0 | | | | | | | 0 | | | | | | | 0 | | | | | | | 0 | | | |
| |
Value of Accelerated Stock Options
|
| | | | | 0 | | | | | | | 0 | | | | | | | 0 | | | | | | | 0 | | | |
| |
Value of Accelerated Restricted Stock
|
| | | | | 0 | | | | | | | 678,033 | | | | | | | 678,033 | | | | | | | 0 | | | |
| |
Value of Accelerated PBRSUs
|
| | | | | 0 | | | | | | | 1,278,374 | | | | | | | 1,278,374 | | | | | | | 0 | | | |
| |
Health and Dental Insurance
|
| | | | | 16,042 | | | | | | | 32,084 | | | | | | | 32,084 | | | | | | | 0 | | | |
| |
Outplacement Services
|
| | | | | 0 | | | | | | | 25,000 | | | | | | | 25,000 | | | | | | | 0 | | | |
| |
Total Pre-Tax Benefit
|
| | | | | 1,444,042 | | | | | | | 4,869,491 | | | | | | | 4,869,491 | | | | | | | 714,000 | | | |
| |
Scott R. Drake(7)
Former Principal Financial Officer |
| | ||||||||||||||||||||||||||||
| |
Base Salary Continuation(8)
|
| | | | | 463,500 | | | | | | | 927,000 | | | | | | | — | | | | | | | 0 | | | |
| |
Annual Incentive Payments(6)
|
| | | | | 0 | | | | | | | 0 | | | | | | | — | | | | | | | 0 | | | |
| |
Value of Accelerated Stock Options
|
| | | | | 0 | | | | | | | 0 | | | | | | | — | | | | | | | 0 | | | |
| |
Value of Accelerated Restricted Stock
|
| | | | | 0 | | | | | | | 282,685 | | | | | | | — | | | | | | | 0 | | | |
| |
Value of Accelerated PBRSUs
|
| | | | | 0 | | | | | | | 194,471 | | | | | | | — | | | | | | | 0 | | | |
| |
Health and Dental Insurance
|
| | | | | 24,887 | | | | | | | 49,754 | | | | | | | — | | | | | | | 0 | | | |
| |
Outplacement Services
|
| | | | | 0 | | | | | | | 20,000 | | | | | | | — | | | | | | | 0 | | | |
| |
Total Pre-Tax Benefit
|
| | | | | 488,387 | | | | | | | 1,424,156 | | | | | | | — | | | | | | | 0 | | | |
| |
Amber D. Jefferson(9)
Former Chief Human Resources Officer |
| | ||||||||||||||||||||||||||||
| |
Base Salary Continuation(8)
|
| | | | | 336,000 | | | | | | | 672,000 | | | | | | | — | | | | | | | 0 | | | |
| |
Annual Incentive Payments(6)
|
| | | | | 0 | | | | | | | 0 | | | | | | | — | | | | | | | 0 | | | |
| |
Value of Accelerated Stock Options
|
| | | | | 0 | | | | | | | 0 | | | | | | | — | | | | | | | 0 | | | |
| |
Value of Accelerated Restricted Stock
|
| | | | | 0 | | | | | | | 138,940 | | | | | | | — | | | | | | | 0 | | | |
| |
Value of Accelerated PBRSUs
|
| | | | | 0 | | | | | | | 48,691 | | | | | | | — | | | | | | | 0 | | | |
| |
Name
|
| | |
Termination Without
Cause or Resignation for Good Reason Outside of Change in Control Period(1) |
| | |
Termination Without
Cause or Resignation for Good Reason Within Change in Control Period(2) |
| | |
Termination Without
Cause or Resignation for Good Reason Within Threatened Change in Control Period(3) |
| | |
Termination for Cause
or Resignation Absent Good Reason |
| | ||||||||||||
| |
Health and Dental Insurance
|
| | | | | 8,319 | | | | | | | 16,638 | | | | | | | — | | | | | | | 0 | | | |
| |
Outplacement Services
|
| | | | | 0 | | | | | | | 20,000 | | | | | | | — | | | | | | | 0 | | | |
| |
Total Pre-Tax Benefit
|
| | | | | 344,319 | | | | | | | 896,269 | | | | | | | — | | | | | | | 0 | | | |
| |
Jared G. Vitemb
Vice President, General Counsel, Secretary and Chief Compliance Officer |
| | ||||||||||||||||||||||||||||
| |
Base Salary Continuation(8)
|
| | | | | 315,000 | | | | | | | 630,000 | | | | | | | — | | | | | | | 0 | | | |
| |
Annual Incentive Payments(6)
|
| | | | | 0 | | | | | | | 0 | | | | | | | — | | | | | | | 0 | | | |
| |
Value of Accelerated Stock Options
|
| | | | | 0 | | | | | | | 0 | | | | | | | — | | | | | | | 0 | | | |
| |
Value of Accelerated Restricted Stock
|
| | | | | 0 | | | | | | | 183,346 | | | | | | | — | | | | | | | 0 | | | |
| |
Value of Accelerated PBRSUs
|
| | | | | 0 | | | | | | | 0 | | | | | | | — | | | | | | | 0 | | | |
| |
Health and Dental Insurance
|
| | | | | 0 | | | | | | | 0 | | | | | | | — | | | | | | | 0 | | | |
| |
Outplacement Services
|
| | | | | 0 | | | | | | | 20,000 | | | | | | | — | | | | | | | 0 | | | |
| |
Total Pre-Tax Benefit
|
| | | | | 315,000 | | | | | | | 833,346 | | | | | | | — | | | | | | | 0 | | | |
| | Year(1) | | | | Summary Compensation Table Total for PEO ($) | | | | Compensation Actually Paid to PEO(2)(3) ($) | | | |
Average Summary Compensation Table Total for Non-PEO NEOs ($) | | | | Average Compensation Actually Paid to Non-PEO NEOs(2)(3) ($) | | | | Value of Initial Fixed $100 Investment Based on: | | | | Net Income (GAAP)(5) ($) | | | | Company Selected Measure: i Adjusted EBITDA(5)(6) ($) | | | ||||||||||||||||||||||||||||
| Total Shareholder Return ($) | | | | Peer
Group TSR(4) ($) | | | |||||||||||||||||||||||||||||||||||||||||||||||||||||
| | (a) | | | | (b) | | | | (c) | | | | (d) | | | | (e)
| | | | (f) | | | | (g) | | | | (h) | | | | (i) | | | ||||||||||||||||||||||||
| | 2023 | | | | | | i 2,214,740 | | | | | | | i 201,865 | | | | | | | i 700,306 | | | | | | | i 307,900 | | | | | | | i 37.74 | | | | | | | i 115.92 | | | | | | | ( i 79,180) | | | | | | | ( i 16,380) | | | |
| | 2022 | | | | | | i 3,292,209 | | | | | | | ( i 1,451,470) | | | | | | | i 915,235 | | | | | | | i 365,754 | | | | | | | i 63.90 | | | | | | | i 112.95 | | | | | | | ( i 16,255) | | | | | | | i 19,059 | | | |
| | 2021 | | | | | | i 3,186,683 | | | | | | | i 6,428,881 | | | | | | | i 797,159 | | | | | | | i 1,156,355 | | | | | | | i 172.89 | | | | | | | i 146.03 | | | | | | | ( i 42,225) | | | | | | | i 16,611 | | | |
| | | | | | 2023 | | | | 2022 | | | | 2021 | | | ||||||||||||||||||||||||||||||
| | | | | | | | | | | | | Average | | | | | | | | | | | Average | | | | | | | | | | | Average | | | |||||||||
| | | | | | PEO ($) | | | | Non- PEO NEOs ($) | | | | PEO ($) | | | | Non- PEO NEOs ($) | | | | PEO
($) | | | | Non-PEO NEOs ($) | | | ||||||||||||||||||
| | Summary Compensation Table (SCT) Total | | | | | | i 2,214,740 | | | | | | | i 700,306 | | | | | | | i 3,292,209 | | | | | | | i 915,235 | | | | | | | i 3,186,683 | | | | | | | i 797,159 | | | |
| | Less Stock Award Value Reported in SCT for the Covered Year | | | | | | ( i 1,499,994) | | | | | | | ( i 294,996) | | | | | | | ( i 2,006,755) | | | | | | | ( i 368,747) | | | | | | | ( i 1,899,995) | | | | | | | ( i 303,491) | | | |
| | Plus Year End Fair Value of Equity Awards Granted During the Covered Year that Remain Outstanding and Unvested as of Last Day of the Covered Year | | | | | | i 649,216 | | | | | | | i 103,429 | | | | | | | i 1,056,305 | | | | | | | i 233,293 | | | | | | | i 4,939,608 | | | | | | | i 574,404 | | | |
| | Plus Year over Year Change in Fair Value as of the Last Day of the Covered Year of Outstanding and Unvested Equity Awards Granted in Prior Years | | | | | | ( i 461,188) | | | | | | | ( i 37,495) | | | | | | | ( i 3,177,131) | | | | | | | ( i 305,802) | | | | | | | i 202,586 | | | | | | | i 75,339 | | | |
| | Plus Fair Value as of Vesting Date of Equity Awards Granted and Vested in the Covered Year | | | | | | i 0 | | | | | | | i 0 | | | | | | | i 0 | | | | | | | i 0 | | | | | | | i 0 | | | | | | | i 0 | | | |
| | Plus Year over Year Change in Fair Value as of the Vesting Date of Equity Awards Granted in Prior Years that Vested During the Covered Year | | | | | | ( i 700,909) | | | | | | | ( i 52,201) | | | | | | | ( i 132,863) | | | | | | | ( i 81,645) | | | | | | | i 0 | | | | | | | i 24,021 | | | |
| | Less Fair Value at the End of the Prior Year of Equity Awards that Failed to Meet Vesting Conditions in the Covered Year | | | | | | i 0 | | | | | | | ( i 111,143) | | | | | | | ( i 483,235) | | | | | | | ( i 26,579) | | | | | | | i 0 | | | | | | | ( i 11,076) | | | |
| | Compensation Actually Paid | | | | | | i 201,865 | | | | | | | i 307,900 | | | | | | | ( i 1,451,470) | | | | | | | i 365,754 | | | | | | | i 6,428,881 | | | | | | | i 1,156,355 | | | |
| |
Plan Category
|
| | |
Number of Shares to be
Issued Upon Exercise / Vesting of Outstanding Options or Rights(2) |
| | |
Weighted Average
Exercise Price of Outstanding Options(3) |
| | |
Number of Shares
Remaining Available for Future Issuance(4) |
| | |||||||||
| |
Equity compensation plans approved by stockholders(1)
|
| | | | | 1,945,285 | | | | | | | 11.69 | | | | | | | 1,604,715 | | | |
| |
Equity compensation plans not approved
by stockholders(5) |
| | | | | 220,216 | | | | | | | 11.69 | | | | | | | 79,784 | | | |
| |
Total
|
| | | | | 2,165,501 | | | | | | | | | | | | | | 1,684,499 | | | |
| |
Name of Beneficial Owner
|
| | |
Amount and Nature of Beneficial Ownership
|
| | |
Percent of
Class(1) |
| | ||||||
| | Non-Employee Directors and Nominees: | | | | | | | | | | | | | | | | |
| |
Allison M. Boersma(2)
|
| | | | | 68,936 | | | | | | | * | | | |
| |
Stacy Loretz-Congdon(3)
|
| | | | | 68,664 | | | | | | | * | | | |
| |
John E. Moore III
|
| | | | | 0 | | | | | | | * | | | |
| |
David A. Pace(4)
|
| | | | | 41,252 | | | | | | | * | | | |
| |
Alfred Poe(5)
|
| | | | | 56,787 | | | | | | | * | | | |
| |
Bradley L. Radoff(6)
|
| | | | | 429,974 | | | | | | | 2.1% | | | |
| |
John Robinson(7)
|
| | | | | 37,706 | | | | | | | * | | | |
| |
Waheed Zaman(8)
|
| | | | | 40,636 | | | | | | | * | | | |
| | Named Executive Officers: | | | | | | | | | | | | | | | | |
| |
D. Deverl Maserang II(9)
|
| | | | | 618,472 | | | | | | | 3.0% | | | |
| |
Scott R. Drake(10)
|
| | | | | 197,456 | | | | | | | 1.0% | | | |
| |
Jared G. Vitemb(11)
|
| | | | | 12,004 | | | | | | | * | | | |
| |
Ruben E. Inofuentes(12)
|
| | | | | 79,804 | | | | | | | * | | | |
| |
Maurice S.J. Moragne(13)
|
| | | | | 44,983 | | | | | | | * | | | |
| |
Amber D. Jefferson(14)
|
| | | | | 11,318 | | | | | | | * | | | |
| |
All directors, nominees and current executive officers as a
group (12 individuals) |
| | | | | 770,065 | | | | | | | 3.7% | | | |
| | Greater than 5% Stockholders: | | | | | | | | | | | | | | | | |
| |
Mario J. Gabelli, GAMCO Investors, Inc. and Affiliated Parties(15)
|
| | | | | 1,523,457 | | | | | | | 7.3% | | | |
| |
James C. Pappas, Aron R. English, and Affiliated Parties(16)
|
| | | | | 2,958,623 | | | | | | | 14.2% | | | |
| |
Farmer Bros. Co. 401(k) Plan(17)
|
| | | | | 2,432,252 | | | | | | | 11.7% | | | |
| |
Director
|
| | |
Status
|
| |
| | Allison M. Boersma | | | |
Independent
|
| |
| | Stacy Loretz-Congdon | | | |
Independent(1)
|
| |
| | D. Deverl Maserang II | | | |
Not Independent(2)
|
| |
| | Christopher P. Mottern | | | |
Independent
|
| |
| | David A. Pace | | | |
Independent
|
| |
| | Alfred Poe | | | |
Independent
|
| |
| | Bradley L. Radoff | | | |
Independent
|
| |
| | John D. Robinson | | | |
Independent
|
| |
| | Waheed Zaman | | | |
Independent
|
| |
| | Charles Marcy | | | |
Independent
|
| |
| | | | | |
Fiscal 2023
Grant Thornton |
| | |
Fiscal 2022
Grant Thornton |
| | ||||||
| | Audit fees(1) | | | | | $ | 783,836 | | | | | | $ | 626,031 | | | |
| | Audit-related fees(2) | | | | | $ | 0 | | | | | | $ | 0 | | | |
| | Tax fees(3) | | | | | $ | 0 | | | | | | $ | 0 | | | |
| | All other fees(4) | | | | | $ | 0 | | | | | | $ | 0 | | | |
| | Total fees | | | | | $ | 783,836 | | | | | | $ | 626,031 | | | |
This ‘DEF 14A’ Filing | Date | Other Filings | ||
---|---|---|---|---|
6/30/25 | ||||
11/25/24 | ||||
10/26/24 | ||||
9/26/24 | ||||
6/30/24 | ||||
6/29/24 | ||||
For Period end: | 1/24/24 | |||
Filed on: | 12/12/23 | |||
12/4/23 | ||||
12/1/23 | ||||
11/27/23 | ||||
11/9/23 | 10-Q, 8-K, SC 13D/A | |||
11/7/23 | ||||
10/24/23 | ||||
10/19/23 | 4 | |||
10/11/23 | ||||
10/1/23 | 3 | |||
9/30/23 | 10-Q | |||
9/15/23 | 4, 8-K | |||
9/13/23 | 4, 8-K | |||
6/30/23 | 10-K, 10-K/A, 3, 8-K | |||
3/25/23 | ||||
3/23/23 | ||||
2/17/23 | ||||
2/10/23 | 4, 4/A | |||
1/12/23 | 8-K, DEF 14A, PRE 14A | |||
1/1/23 | ||||
11/1/22 | 4 | |||
10/30/22 | 8-K | |||
9/1/22 | 10-K, 8-K | |||
8/31/22 | 8-K | |||
7/1/22 | ||||
3/31/22 | 10-Q, 3, SC 13D/A | |||
12/22/21 | 8-K | |||
12/16/21 | 8-K | |||
10/11/21 | 3 | |||
7/1/20 | 4 | |||
6/8/20 | 3, 8-K | |||
3/23/20 | 3 | |||
11/15/19 | 3, 4 | |||
9/13/19 | 3, 4 | |||
9/6/19 | 3 | |||
List all Filings |