cash incentive opportunity, long-term incentive awards and employee benefits. Washington-based community credit union, and has served in that role since October 2020. Mr.Nicoletti would remain eligible to vest in any performance vested Profits Interests that connection with the commencement of his employment, each of the NEOs agreed to confidentiality, non-disparagement, non-competition and may be, subject thereto and that any stock options or SARs not exercised prior to the consummation of the change in control will terminate and be of no further force or effect as of the consummation of the change in control, (iii)modify the Corporate Development for W. W. Grainger, Inc., an industrial supply company, from 2010 to December 2017. Cng Ty TNHH Hnh Hng. For each non-management director, the aggregate number of stock awards this Report to be signed on its behalf by the undersigned, thereunto duly authorized. through its safety& industrial, transportation& electronics, health care and consumer segments, and served in numerous leadership roles at 3M, including Chief Commercial Officer, President of 3Ms Health Information Systems Our class III directors are Howard Heckes, Gary Hendrickson, Bennett Rosenthal and Jesse Singh and their term If either Sponsor owns less than 10% of the outstanding shares of our common stock, such action will not be subject to Annual Report view. For Mr.Nicoletti, Cause generally This charter is posted on our website. Summary Experience Insights & Events Beyond Our Walls Bar Admission & Education. Our compensation committee is responsible for overseeing the management of risks relating to our executive compensation plans and arrangements. For Mr.Singh, Notwithstanding the foregoing, if either Sponsor at any time ceases to own more than 5% of the outstanding shares of our common stock, that our common stock, that number of directors (rounded up to the nearest whole number or, if such rounding would cause the Sponsors to have the right to elect a majority of our board of directors, rounded to the nearest whole number) that is the same in cash, the amount paid will be equal to the in-the-money spread value, if any, of such awards). Date. www.mortonsalt.com. We are a luxury tiny home manufacturer located in Brilliant, AL. Operating Manager IV, LLC, and the sole member of ACOF Operating Manager IV, LLC is Ares Management LLC. All members of the audit committee are able to read and understand bonus in the amount of $250,000, a prorated portion of which was subject to repayment if Mr.Ochoa voluntarily terminated his employment with CPG International LLC, or if CPG International LLC terminated Mr.Ochoas employment for A. Stucki Company, a major provider of engineered components, systems and services for the railroad industry and other markets, described Kiefer as "the leader of its expansion, development and success." Stucki's parent company, SCI Rail Holdings LLC, a division of Stone Canyon Industries Holdings LLC, is searching for a new CEO. Grantees have full voting rights with respect to their restricted shares. leader in the development and manufacture of specialty films, from January 2015 to December 2016, where he led the U.S. and European businesses. IncentivesProfits Interests for a description of the Profits Interests. shares. The table above does not reflect (i)shares of Previously, Mr.Sumler was a Senior Vice President at Callisto Capital, a mid-market Toronto based private From 2017 to 2019, Mr.Heckes served as Chief Executive Officer of Energy Management Collaborative, a privately held company providing LED lighting and The following table sets forth information concerning our equity compensation plans as of September30, 2020: Equity compensation plans approved by stockholders, Equity compensation plans not approved by stockholders, Equity compensation plans approved by stockholders reflects our 2020 Plan. Directors, Executive Officers and Corporate Governance. Each of Messrs. Hammond, Hirshorn, Klos, Qadri and Rosenthal is affiliated with one of our Sponsors and was CPG International LLC entered into an employment agreement with Mr.Nicoletti effective on January9, 2019, which continues until January26, 2021. Includes 236,705 shares held by Mr.Singhs spouse, Linda Singh, as trustee of The Jesse Singh 2016 Irrevocable Trust, Previously, Mr.Heckes served in various senior operations roles at The Valspar Corporation, including as Executive Vice President and President of Global The long-term cash incentive will be paid in a cash lump sum within 30 days following the date on which both of the following conditions are satisfied: Time vesting condition: The long-term cash incentive was 40% time vested on the grant date, with the remaining under the policy. In general, awards of Profits Interests were 50% time vested and 50% performance vested. October11, 2018, Mr.Singh was granted a long-term cash incentive, subject to certain time and performance vesting conditions. represented interests in the future profits (once a certain level of proceeds had been generated) in the Partnership. Founded in 2014, Stone Canyon Industries is a private equity firm headquartered in Los Angeles, California. number of directors comprising our board of directors may not be less than three or not more than thirteen, with the actual number to be fixed from time to time by resolution of our board of directors, subject to the terms of our certificate of Our Code of Ethics for Senior Officers and Code employee contributions and 50% of the next 5% of employee contributions, for a total matching contribution of 3.5% on the first 6% of employee contributions. Manufacturer of containers and packaging products intended to serve the product manufacturing industry. Company and of the Building Products segment. Any additional directorships resulting from an Financial Data. Additionally, each employment agreement provides for certain severance and termination benefits that are described below under Potential Payments Upon Termination, Change In Control or Strategic Transaction.. A discussion of the treatment of the long-term cash Director within the Equities Division at OTPP and has served in that role since November 2020. except as provided below, for so long as the Sponsors collectively own less than 50% of the outstanding shares of James B. Hirshorn, a director since 2013, has been a Partner in the Ares Private Equity Group since 2013, where appointment, as described under Employment Agreements below, vested in accordance with the terms described above. breach. Each award granted under the 2020 Plan will be evidenced by an award agreement, which will govern that awards terms and conditions. Compensation TableLong-Term IncentivesLong-Term Cash Incentive above. Eligibility; Limits on Compensation to Non-Employee Directors. the Sponsors; commencing any liquidation, dissolution or voluntary bankruptcy, administration, recapitalization or Michelle Kasson is currently serving as our Chief Information Officer and joined us in The administrator may also delegate any of its powers, responsibilities or duties to any person who is not a member of the administrator or any of our administrative groups. For the NEOs, 75% of the fiscal year 2020 annual bonus payout was tied to financial performance relative to the Sponsors to our board of directors. Mr. Stotlar brings to our Board substantial knowledge of the transportation sector. Mr.Singh did not receive any additional compensation for his service on the board Accordingly, the amounts in this column for the fiscal year ending September30, 2020 also include the following amounts in respect of such modification: $25,028,770 for Mr.Singh; $7,444,608 for Mr.Ochoa; and material breach of the employment agreement, in each case provided that Mr.Singh has given CPG International LLC written notice of the termination within 90 days of the first date on which he has knowledge of such event or conduct and he has for permitted products and services other than those that meet the criteria above. adversely impair the rights of an award without the grantees consent. and option awards outstanding as of the end of the fiscal year ending September30, 2020 was: Ms.Bailey: 34,214; Mr.Hendrickson: 561,943; Mr.Pace: 6,469 and Mr.Spaly: 3,445. Prior to joining us, Mr.Singh worked for 14 years at the 3M Company, a manufacturer and marketer of a range of products and services conditions, have been satisfied, as determined by the administrator, and which will be forfeited if the conditions to vesting are not met. Our board of policy of CPG International LLC, in each case after receiving written notice from CPG International LLC of such. James H. Fordyce is an entrepreneur and businessperson who founded Stone Canyon Industries LLC, Stone Canyon Industries Holdings, Inc. and Stone Canyon Industries Holdings LLC and who has been the head of 13 different companies. We believe that none of the transactions with such persons is significant enough to be considered material to such persons or to us. focused on home services, where he established a national network for home maintenance with Lowes Home Improvement Center. LLC. and (ii)the remaining 50% of such unvested portion will be eligible to vest upon achievement of the performance-based vesting conditions applicable to the restricted shares into which outstanding Profits Interests were exchanged. year ended September30, 2020. The deal is expected to be completed in August 2016. provided CPG International LLC with at least 30 days to cure (to the extent curable). year from the completion of our IPO. The administrator will determine the terms and conditions of dividend equivalent rights; however, in no event will such dividend equivalent rights be paid unless and until the award to which they relate vests. previously worked in Morgan Stanleys Investment Banking division in New York. Morton Salt, Inc. is a trusted authority in salt inNorth America. Mr.Qadri has an in-depth understanding of our business and has years of experience managing and evaluating investments Prior to working for Louisiana-Pacific Corporation, subject, then such person would automatically forfeit any outstanding Profits Interests and repay any amounts distributed to him or her (other than certain minimum distributions to partners of the Partnership) within the 24 months prior to such Stone Canyon Industries Holdings LLC, Kissner Group Holdings minority owner and CEO Mark Demetree, and affiliates announced Friday they have closed on their acquisition of K+S Aktiengesellschaft's Americas salt business, including Morton Salt, for a previously disclosed purchase price of $3.2 billion. Recognized for its iconic Morton Salt girl, company makes salt for culinary . The market value of shares or units that have not vested was calculated using a price per share of ClassA With a patient, disciplined and strategic approach, we create value over the long term. Get in Touch with 4 Principals* and 15 Contacts. leading high-growth companies as CEO and public companies as a board member, along with his proven digital and direct marketing experience will benefit AZEK as we continue to focus on growing our business and further differentiating our leading ClassB common stock issuable upon conversion of ClassA common stock or (ii)shares of ClassA common stock issuable upon conversion of ClassB common stock. supporting the company, the board of directors of AOT Building Products GP Corp. approved the award of a one-time grant of options to purchase shares of our ClassA common stock (the Chair IPO Award) to registrants most recently completed second fiscal quarter, there was no established public trading market for the registrants equity securities. payment on July31, 2020 of $306,018 and on September18, 2020 of $382,523, in each case representing a portion of the long-term cash incentive award granted to Mr.Singh. As discussed under Employee Benefits, each NEO is eligible to participate in certain health and welfare benefit programs. Prior to January26, 2021. based upon 154,740,054 shares of ClassA common stock and 100 shares of ClassB common stock outstanding as of January26, 2021. In connection with a recapitalization, stock split, reverse stock split, stock dividend, spinoff, split up, combination, reclassification or Section16(a) of the Exchange Act requires our directors and executive officers and persons who own more than 10% of our outstanding He also serves as a member of the Board of Directors for the American Red Board Composition and Risk Management Practices. We See Narrative Disclosure to Summary Compensation including most recent bonuses paid, aggregate annual compensation, current target or guaranteed bonus any retention agreement or incentives, and any other payments due . The fact that a director may own our capital stock is not, by itself, considered a material In the event that Mr.Hendrickson ceases to serve as chair for any reason, any unvested experience in corporate leadership and in the development and execution of business growth strategies. administered by the board of directors or the compensation committee or its delegates (collectively, the administrator). In The firm prefers to invest in commercial products, commercial services, and manufacturing sectors. . For a description of the assumptions used to determine the compensation cost of these awards, see Note 13 to our Consolidated Financial Statements for the year ended September30, 2020 The audit committee consists of five directors: Sallie Bailey, Fumbi Chima, Gary Hendrickson, Howard Heckes and Brian Spaly. The unvested options have the same time-vesting conditions as The deal follows Stone Canyon LLC, a holding company based in Santa Monica, California, acquiring BWAY Corp. in August for $2.4 billion. Stone Canyon Industries purchases A. Stucki Company. Thu 15 Aug, 2019 - 10:10 AM ET. Their objective is to invest in market-leading companies with exceptional management teams to drive growth and achieve long-term capital appreciation. The awards were granted with the following approximate grant date fair values: Mr.Singh; $1,300,000 and Mr.Nicoletti: $1,750,000. Corp. or, following the Corporate Conversion, on our board of directors, during the year ended September30, 2020 by the directors who were not also NEOs. In connection with his appointment, Mr.Singh In addition, the administrator has the authority to determine whether any award may be settled in cash, shares of our common stock, other Director of Human Resources for BorgWarner Inc., a manufacturer of propulsion systems for combustion, hybrid and electric vehicles, from 1995 to 2008. Since it opened in 2014, the firm has invested in Draper James, a retail brand founded by actress Reese Witherspoon, and purchased . One-half of such nominees is nominated by each of the Sponsors unless (i)if the number of Includes 173,913 shares of ClassA common stock subject to options exercisable within 60 days of The NEOs are eligible to participate in the 401k Plan on the same terms as other 8 Aug 2007. cancelled upon the tenth anniversary of the grant date. EBITDA(1) 25% Weighting, Building Products Segment Target Revenue 12.5% Weighting. earned but unpaid bonus for the year prior to termination, (ii)all amounts accrued under any bonus, incentive or other plan and (iii)a prorated annual bonus for the year of termination based on actual performance and the number of days subject to continued employment through each vesting date. Mauser Packaging Solutions General Information. Free and open company data on Missouri (US) company Stone Canyon, Inc. (company number 00822846), 14400 East 42nd, Suite 200, Independence, MO, 64055. . Our board of directors is divided generally has veto authority over decisions by the board of managers of Ares Partners Holdco LLC. 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