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| | | | A-1 | | |
Name
|
| |
Age
|
| |
Position with
the Company |
| |
Director
Since |
| ||||||
Nicholas Kovacevich
|
| | | | 33 | | | |
Chairman and
Chief Executive Officer |
| | | | 2010 | | |
Eric Baum(1)(2)
|
| | | | 41 | | | |
Director
|
| | | | 2016 | | |
Barbara Goodstein(1)(2)(3)
|
| | | | 58 | | | |
Director
|
| | | | 2017 | | |
Donald Hunter(1)(2)(3)
|
| | | | 62 | | | |
Director
|
| | | | 2018 | | |
Dallas Imbimbo
|
| | | | 33 | | | |
Director
|
| | | | 2010 | | |
Name
|
| |
Age
|
| |
Position
|
|
Nicholas Kovacevich | | |
33
|
| | Chairman and Chief Executive Officer | |
Christopher Tedford | | |
45
|
| | Chief Financial Officer | |
Jim McCormick | | |
51
|
| | Chief Operating Officer | |
Jason Vegotsky | | |
32
|
| | President, Kush Supply Co. | |
Name and Principal Position
|
| |
Year
|
| |
Salary
($) |
| |
Bonus
($)(1) |
| |
Stock
Awards ($)(2) |
| |
Option
Awards ($)(3) |
| |
Incentive
Plan Compensation ($) |
| |
Deferred
Compensation Earnings ($) |
| |
Other
Compensation ($) |
| |
Total
($) |
| |||||||||||||||||||||||||||
Nicholas Kovacevich
Chairman and Chief Executive Officer |
| | | | 2018 | | | | | | 157,858 | | | | | | — | | | | | | — | | | | | | 103,118 | | | | | | — | | | | | | — | | | | | | — | | | | | | 260,976 | | |
| | | 2017 | | | | | | 87,042 | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | 87,042 | | | ||
Jim McCormick
Chief Operating Officer(4) |
| | | | 2018 | | | | | | 161,058 | | | | | | 50,000 | | | | | | — | | | | | | 1,948,499 | | | | | | — | | | | | | — | | | | | | — | | | | | | 2,159,557 | | |
| | | 2017 | | | | | | 13,068 | | | | | | — | | | | | | — | | | | | | 483,718 | | | | | | — | | | | | | — | | | | | | — | | | | | | 496,786 | | | ||
Ben Wu
Former President and Chief Operating Officer(5) |
| | | | 2018 | | | | | | 172,619 | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | 667,000 | | | | | | 839,619 | | |
| | | 2017 | | | | | | 135,417 | | | | | | 25,000 | | | | | | — | | | | | | 1,635,288(6) | | | | | | — | | | | | | — | | | | | | — | | | | | | 1,795,705 | | |
Name
|
| |
Number of
Securities Underlying Unexercised Options (#) Exercisable |
| |
Number of
Securities Underlying Unexercised Options (#) Unexercisable |
| |
Option
Exercise Price ($) |
| |
Option
Expiration Date |
| ||||||||||||
Nicholas Kovacevich
|
| | | | — | | | | | | 120,000 | | | | | | 2.39 | | | | | | 11/14/2027(1) | | |
| | | | | — | | | | | | 150,000 | | | | | | 4.53 | | | | | | 7/31/2028(2) | | |
| | | | | — | | | | | | 175,000 | | | | | | 5.21 | | | | | | 10/24/2028(2) | | |
Jim McCormick
|
| | | | 200,000 | | | | | | 400,000 | | | | | | | | | | | | 8/1/2027(2) | | |
| | | | | — | | | | | | 200,000 | | | | | | | | | | | | 11/14/2027(1) | | |
| | | | | — | | | | | | 500,000 | | | | | | | | | | | | 4/5/2028(2) | | |
| | | | | — | | | | | | 150,000 | | | | | | | | | | | | 7/31/2028(2) | | |
Name
|
| |
Fees earned or
paid in cash ($) |
| |
Option awards
($)(1)(2) |
| |
Total
($) |
| |||||||||
Eric Baum
|
| | | $ | 12,000 | | | | | $ | 103,118 | | | | | $ | 115,118 | | |
Barbara Goodstein
|
| | | $ | 12,000 | | | | | $ | 103,118 | | | | | $ | 115,118 | | |
Donald Hunter(3)
|
| | | $ | 8,000 | | | | | $ | 382,700 | | | | | $ | 390,700 | | |
Dallas Imbimbo
|
| | | $ | 12,000 | | | | | $ | 103,118 | | | | | $ | 115,118 | | |
| | |
Common Stock
Beneficially Owned |
| |||||||||
Name of Beneficial Owner(1)
|
| |
Shares
|
| |
Percent(2)
|
| ||||||
5% or Greater Stockholders | | | | | | | | | | | | | |
Jason Manasse(3)
|
| | | | 4,930,480 | | | | | | 6.1% | | |
Theodore Nicols(4)
|
| | | | 4,930,480 | | | | | | 6.1% | | |
Executive Officers and Directors | | | | | | | | | | | | | |
Nicholas Kovacevich(5)
|
| | | | 11,310,000 | | | | | | 14.1% | | |
Christopher Tedford
|
| | | | — | | | | | | * | | |
Jim McCormick(6)
|
| | | | 441,667 | | | | | | * | | |
Jason Vegotsky(7)
|
| | | | 189,870 | | | | | | * | | |
Eric Baum(8)
|
| | | | 860,612 | | | | | | 1.1% | | |
Barbara Goodstein(9)
|
| | | | 105,000 | | | | | | * | | |
Donald Hunter(10)
|
| | | | 90,000 | | | | | | * | | |
Dallas Imbimbo(11)
|
| | | | 10,942,427 | | | | | | 13.6% | | |
All current executive officers and directors as a group (total 8 persons)(12)
|
| | | | 23,939,576 | | | | | | 29.5% | | |
Plan Category
|
| |
Number of
Securities to be Issued Upon Exercise of Outstanding Options, Restricted Stock Units, 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 Column (a)) |
| |||||||||
| | |
(a)
|
| |
(b)
|
| |
(c)
|
| |||||||||
Equity compensation plans approved by security holders(1)
|
| | | | 8,367,693 | | | | | $ | 3.95 | | | | | | 6,632,307 | | |
Equity compensation plans not approved by security holders(2)
|
| | | | 1,000,000 | | | | | $ | 0.05 | | | | | | — | | |
Total
|
| | | | 9,367,693 | | | | | $ | 3.85 | | | | | | 6,632,307 | | |
| | |
2018
|
| |
2017
|
| ||||||
Audit Fees
|
| | | $ | 224,170 | | | | | $ | 75,250 | | |
Audit-Related Fees
|
| | | | 28,500 | | | | | | 33,000 | | |
Tax Fees
|
| | | | — | | | | | | — | | |
All Other Fees
|
| | | | 75,000 | | | | | | — | | |
Total
|
| | | $ | 327,670 | | | | | $ | 108,250 | | |
Name and Position
|
| |
Number of
Shares Underlying Awards |
| |||
Nicholas Kovacevich — Chairman and Chief Executive Officer
|
| | | | 120,000 | | |
Jim McCormick — Chief Operating Officer and Former Chief Financial Officer
|
| | | | 700,000 | | |
Ben Wu — Former President and Chief Operating Officer
|
| | | | — | | |
All executive officers as a group
|
| | | | 820,000 | | |
All directors who are not executive officers, as a group
|
| | | | 480,000 | | |
Employees as a group (excluding executive officers)
|
| | | | 5,877,500 | | |
Totals
|
| | | | 7,177,500 | | |