| | | | | 1 | | | |
| | | | | 5 | | | |
| | | | | 11 | | | |
| | | | | 21 | | | |
| | | | | 22 | | | |
| | | | | 23 | | | |
| | | | | 25 | | | |
| | | | | 26 | | | |
| | | | | 45 | | | |
| | | | | 50 | | | |
| | | | | 51 | | | |
| | | | | 51 | | | |
| | | | | 51 | | |
Director Nominees
|
| |
Class
|
| |
Age
|
| |
Position
|
| |
Year
Elected to Current Term |
| |
Current
Term Expiration |
| |
Expiration
of Term for which Nominated |
| ||||||||||||
Randy Garutti | | |
II
|
| | | | 48 | | | |
Chief Executive Officer
and Director |
| | | | 2020 | | | | | | 2023 | | | | | | 2026 | | |
Joshua Silverman(1)
|
| |
II
|
| | | | 54 | | | |
Director
|
| | | | 2020 | | | | | | 2023 | | | | | | 2026 | | |
Jonathan D. Sokoloff(2)
|
| |
II
|
| | | | 65 | | | |
Director
|
| | | | 2020 | | | | | | 2023 | | | | | | 2026 | | |
Tristan Walker(3)
|
| |
II
|
| | | | 38 | | | |
Director
|
| | | | 2020 | | | | | | 2023 | | | | | | 2026 | | |
Continuing Directors | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
Sumaiya Balbale(4)
|
| |
III
|
| | | | 42 | | | |
Director
|
| | | | 2021 | | | | | | 2024 | | | | | | - | | |
Jeffrey Lawrence(5)
|
| |
III
|
| | | | 49 | | | |
Director
|
| | | | | | | | | | 2024 | | | | | | - | | |
Jenna Lyons(6)
|
| |
III
|
| | | | 54 | | | |
Director
|
| | | | 2021 | | | | | | 2024 | | | | | | - | | |
Robert Vivian(7)
|
| |
III
|
| | | | 65 | | | |
Lead Director
|
| | | | 2021 | | | | | | 2024 | | | | | | - | | |
Daniel Meyer | | |
I
|
| | | | 65 | | | |
Chairman of the Board
of Directors |
| | | | 2022 | | | | | | 2025 | | | | | | - | | |
Anna Fieler(2)
|
| |
I
|
| | | | 51 | | | |
Director
|
| | | | 2022 | | | | | | 2025 | | | | | | - | | |
Jeff Flug(8)
|
| |
I
|
| | | | 60 | | | |
Director
|
| | | | 2022 | | | | | | 2025 | | | | | | - | | |
Lori George Billingsley(3)
|
| |
I
|
| | | | 59 | | | |
Director
|
| | | | 2022 | | | | | | 2025 | | | | | | - | | |
| |
The Board of Directors recommends a vote FOR the election of each of the nominated directors.
|
| |
Total Number of Directors
|
| |
12
|
| |||||||||
| | |
Female
|
| |
Male
|
| ||||||
Directors | | | | | 4 | | | | | | 8 | | |
Number of Directors Who Identify in Any of the Categories Below: | | | | | | | | | | | | | |
Race/Ethnicity
|
| | | | | | | | | | | | |
African American/Black
|
| | | | 1 | | | | | | 1 | | |
Asian/South Asian American
|
| | | | 2 | | | | | | - | | |
White/Caucasian
|
| | | | 1 | | | | | | 7 | | |
LGBTQ+
|
| | | | 1 | | | | | | - | | |
Name
|
| |
Fees paid in cash ($)(2)
|
| |
Restricted Stock Units ($)(3)(4)
|
| |
Total ($)
|
| |||||||||
Daniel Meyer | | | | | 18,750 | | | | | | 125,012 | | | | | | 143,762 | | |
Sumaiya Balbale | | | | | 21,250 | | | | | | 140,026 | | | | | | 161,276 | | |
Lori George Billingsley | | | | | 7,813 | | | | | | 46,914 | | | | | | 54,727 | | |
Anna Fieler | | | | | 18,750 | | | | | | 125,012 | | | | | | 143,762 | | |
Jeff Flug | | | | | 71,875 | | | | | | 67,504 | | | | | | 139,379 | | |
Jenna Lyons | | | | | 65,625 | | | | | | 62,526 | | | | | | 128,151 | | |
Joshua Silverman | | | | | 18,750 | | | | | | 125,012 | | | | | | 143,762 | | |
Jonathan D. Sokoloff | | | | | 65,625 | | | | | | 62,526 | | | | | | 128,151 | | |
Robert Vivian | | | | | 75,625 | | | | | | 72,522 | | | | | | 148,147 | | |
Tristan Walker | | | | | 65,625 | | | | | | 62,526 | | | | | | 128,151 | | |
| | |
2022
|
| |
2021
|
| ||||||
Audit Fees(1) | | | | $ | 1,613,454 | | | | | $ | 1,473,169 | | |
Audit Related Fees(2) | | | | | - | | | | | | 24,000 | | |
Tax Fees(3) | | | | | - | | | | | | 27,500 | | |
All Other Fees(4) | | | | | - | | | | | | 126,000 | | |
Total Fees | | | | $ | 1,613,454 | | | | | $ | 1,650,669 | | |
| |
The Board of Directors recommends a vote FOR the ratification of the appointment of
Ernst & Young LLP. |
| |
| |
The Board of Directors recommends a vote FOR the approval, on an advisory basis, of the compensation of the Named Executive Officers as disclosed in this Proxy Statement.
|
| |
| | |
Shares of Class A Common
Stock Beneficially Owned |
| |
Shares of Class B Common
Stock Beneficially Owned |
| |
Combined
Voting Power(1) |
| |||||||||||||||||||||
| | |
Number
|
| |
Percentage
|
| |
Number
|
| |
Percentage
|
| ||||||||||||||||||
Named Executive Officers and Directors | | | | | | | |||||||||||||||||||||||||
Daniel Meyer(2)
|
| | | | 1,895,997 | | | | | | 4.8% | | | | | | 1,861,057 | | | | | | 65.4% | | | | | | 8.9% | | |
Randy Garutti(3)
|
| | | | 63,060 | | | | | | * | | | | | | 310,023 | | | | | | 10.9% | | | | | | * | | |
Katherine Fogertey
|
| | | | 4,260 | | | | | | * | | | | | | — | | | | | | —% | | | | | | * | | |
Zachary Koff(4)
|
| | | | 26,615 | | | | | | * | | | | | | — | | | | | | —% | | | | | | * | | |
Sumaiya Balbale(5)
|
| | | | 6,106 | | | | | | * | | | | | | — | | | | | | —% | | | | | | * | | |
Lori George Billingsley
|
| | | | — | | | | | | — | | | | | | — | | | | | | —% | | | | | | — | | |
Anna Fieler(6)
|
| | | | 6,501 | | | | | | * | | | | | | — | | | | | | —% | | | | | | * | | |
Jeff Flug(7)
|
| | | | 7,628 | | | | | | * | | | | | | — | | | | | | —% | | | | | | * | | |
Jenna Lyons(8)
|
| | | | 11,157 | | | | | | * | | | | | | — | | | | | | —% | | | | | | * | | |
Joshua Silverman(9)
|
| | | | 8,168 | | | | | | * | | | | | | — | | | | | | —% | | | | | | * | | |
Jonathan D. Sokoloff(10)
|
| | | | 15,065 | | | | | | * | | | | | | — | | | | | | —% | | | | | | * | | |
Robert Vivian(11)
|
| | | | 32,553 | | | | | | * | | | | | | — | | | | | | —% | | | | | | * | | |
Tristan Walker(12)
|
| | | | 3,277 | | | | | | * | | | | | | — | | | | | | —% | | | | | | * | | |
All directors and executive officers as
a group (thirteen persons) |
| | | | 2,080,387 | | | | | | 5.3% | | | | | | 2,171,080 | | | | | | 76.3% | | | | | | 10.1% | | |
Other 5% Stockholders | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
BlackRock, Inc.(13)
|
| | | | 6,193,007 | | | | | | 15.7% | | | | | | — | | | | | | —% | | | | | | 14.7% | | |
The Vanguard Group(14)
|
| | | | 4,114,443 | | | | | | 10.4% | | | | | | — | | | | | | —% | | | | | | 9.7% | | |
Name
|
| |
Age
|
| |
Position
|
|
Randy Garutti | | | 48 | | | Chief Executive Officer and Director | |
Katherine Fogertey | | | 39 | | | Chief Financial Officer | |
Zachary Koff | | | 43 | | | Chief Operating Officer | |
NEO
|
| |
Title
|
|
Randy Garutti | | | Chief Executive Officer | |
Katherine Fogertey | | | Chief Financial Officer | |
Zachary Koff | | | Chief Operating Officer | |
| |
Element
|
| | |
How It’s Paid
|
| | |
Purpose
|
| |
| | Base Salary | | | |
Cash
(Fixed) |
| | |
Provides a competitive fixed rate of pay relative to similar positions in the market, and enables the Company to attract and retain critical executive talent
|
| |
| |
Short-Term Cash Incentive
|
| | |
Cash
(Variable) |
| | |
Focuses executives on achieving short-term financial and annual goals that drive long-term stockholder value
|
| |
| | Long-Term Incentives | | | |
Mix of Equity
(Variable) |
| | |
Provides incentives for executives to execute on longer-term financial/strategic growth goals that drive stockholder value creation and support the Company’s leadership retention objectives
|
| |
| |
2022 Peer Group
|
| | ||||
| | Canada Goose Holdings Inc. | | | | Texas Roadhouse, Inc. | | |
| | Churchill Downs Incorporated | | | | The Cheesecake Factory Incorporated | | |
| | Etsy, Inc. | | | | Vail Resorts, Inc. | | |
| | Floor & Décor Holdings, Inc. | | | | Wingstop Inc. | | |
| | Planet Fitness, Inc. | | | | YETI Holdings, Inc. | | |
| | Ruth’s Hospitality Group, Inc. | | | | | | |
| |
Peer Data ($M)(1)
|
| | |||||||||||||||||||||
| | | | | |
Total Revenue
|
| | |
Enterprise
Value |
| | |
Market
Cap |
| | |||||||||
| |
Median
|
| | | | $ | 1,809 | | | | | | $ | 6,680 | | | | | | $ | 6,090 | | | |
| |
SHAK
|
| | | | $ | 900 | | | | | | $ | 2,010 | | | | | | $ | 1,630 | | | |
| |
Estimated Percentile Rank of SHAK within Peer Group
|
| | | | | 25th | | | | | | | 17th | | | | | | | 17th | | | |
| |
2023 Peer Group
|
| | ||||
| | Bloomin Brands, Inc. | | | | Ruth’s Hospitality Group, Inc. | | |
| | Brinker International | | | | Sweetgreen | | |
| | Chipotle Mexican Grill, Inc. | | | | Texas Roadhouse | | |
| | Dave & Buster’s Entertainment | | | | The Cheesecake Factory Inc. | | |
| | Planet Fitness, Inc. | | | | Vail Resorts, Inc. | | |
| | Portillo’s | | | | Wingstop Inc. | | |
NEO
|
| |
2021 Base Pay
|
| |
2022 Base Pay
|
| |
% Change
|
| |||||||||
Randy Garutti | | | | $ | 630,250 | | | | | $ | 750,000 | | | | | | 19% | | |
Katherine Fogertey | | | | $ | 450,000 | | | | | $ | 472,500 | | | | | | 5% | | |
Zachary Koff | | | | $ | 330,750 | | | | | $ | 375,000 | | | | | | 13% | | |
| | | | | | | | |
Target Cash Award Opportunity (as % of Base Salary)
|
| |||||||||||||||||||||
| | | | | | | | |
2021
|
| |
2022
|
| ||||||||||||||||||
NEO
|
| |
Threshold
|
| |
Target
|
| |
Maximum
|
| |
Target
|
| |
Maximum
|
| |||||||||||||||
Randy Garutti | | | | | 0% | | | | | | 75% | | | | | | 150% | | | | | | 100% | | | | | | 200% | | |
Katherine Fogertey | | | | | 0% | | | | | | 50% | | | | | | 100% | | | | | | 50% | | | | | | 100% | | |
Zachary Koff | | | | | 0% | | | | | | 35% | | | | | | 58.5% | | | | | | 40% | | | | | | 66.8% | | |
| | |
2022 Weighting
|
| |||
Performance Metrics
|
| |
All NEOs
|
| |||
Quarter Total Revenue vs Budget* | | | | | 50% | | |
Quarter Adjusted EBITDA vs Budget** | | | | | 50% | | |
|
Financial Performance Metric
|
| |
Range of Performance Achievement
|
| |||||||||||||||
|
Threshold
|
| |
Target
|
| |
Maximum
|
| ||||||||||||
| Total Revenue | | | | | 90% | | | | | | 100% | | | | | | 105% | | |
| Adjusted EBITDA | | | | | 90% | | | | | | 100% | | | | | | 115% | | |
| | |
Q1(1)
|
| |
Q2(2)
|
| |
Q3(3)
|
| |
Q4(4)
|
| ||||||||||||||||||||||||||||||||||||
Financial
Performance Metric |
| |
Target
Performance Goal |
| |
Actual
Achievement |
| |
Target
Performance Goal |
| |
Actual
Achievement |
| |
Target
Performance Goal |
| |
Actual
Achievement |
| |
Target
Performance Goal |
| |
Actual
Achievement |
| ||||||||||||||||||||||||
Total Revenue | | | | $ | 208,669,439 | | | | | | 96.9% | | | | | $ | 238,294,220 | | | | | | 96.8% | | | | | $ | 234,487,120 | | | | | | 97.2% | | | | | $ | 240,271,648 | | | | | | 99.3% | | |
Adjusted EBITDA | | | | $ | 9,677,443 | | | | | | 128.9% | | | | | $ | 19,020,039 | | | | | | 131.7% | | | | | $ | 20,285,695 | | | | | | 113.1% | | | | | $ | 17,254,725 | | | | | | 136.2% | | |
|
NEO
|
| |
Target
Annual Award (% of Base Salary) |
| |
Target
Annual Incentive Value ($) |
| |
Total Payout
Based on Financial Performance Actual Achievement |
| |
Total Award
Payout Value |
| ||||||||||||
| Randy Garutti | | | | | 100% | | | | | $ | 731,577 | | | | | | 136.1% | | | | | $ | 996,013 | | |
| Katherine Fogertey | | | | | 50% | | | | | $ | 234,519 | | | | | | 136.1% | | | | | $ | 319,213 | | |
| Zachary Koff | | | | | 40% | | | | | $ | 147,277 | | | | | | 120.2% | | | | | $ | 176,960 | | |
|
Named Executive
Officer and Principal Position |
| |
Year
|
| |
Salary
($)(1) |
| |
Bonus
($)(2) |
| |
Stock
Awards ($)(3) |
| |
Option
Awards ($) |
| |
Non-Equity
Incentive Plan Compensation ($)(1) |
| |
Nonqualified
Deferred Compensation Earnings ($) |
| |
All Other
Compensation ($)(4) |
| |
Total
($) |
| |||||||||||||||||||||||||||
|
Randy Garutti
Chief Executive Officer |
| | | | 2022 | | | | | | 731,577 | | | | | | — | | | | | | 1,500,022 | | | | | | — | | | | | | 996,013 | | | | | | — | | | | | | 118,224 | | | | | | 3,345,836 | | |
| | | 2021 | | | | | | 630,250 | | | | | | — | | | | | | 3,549,992 | | | | | | — | | | | | | 623,103 | | | | | | — | | | | | | 663,217 | | | | | | 5,466,562 | | | |||
| | | 2020 | | | | | | 611,552 | | | | | | 30,000 | | | | | | 1,500,013 | | | | | | — | | | | | | 94,538 | | | | | | — | | | | | | 494,684 | | | | | | 2,730,786 | | | |||
|
Katherine Fogertey
Chief Financial Officer |
| | | | 2022 | | | | | | 469,038 | | | | | | — | | | | | | 750,048 | | | | | | — | | | | | | 319,213 | | | | | | — | | | | | | 6,265 | | | | | | 1,544,564 | | |
| | | 2021 | | | | | | 238,846 | | | | | | — | | | | | | 2,650,010 | | | | | | — | | | | | | 165,824 | | | | | | — | | | | | | 1,015 | | | | | | 3,055,695 | | | |||
|
Zachary Koff
Chief Operating Officer |
| | | | 2022 | | | | | | 368,192 | | | | | | — | | | | | | 750,048 | | | | | | — | | | | | | 176,960 | | | | | | — | | | | | | 3,106 | | | | | | 1,298,306 | | |
| | | 2021 | | | | | | 328,024 | | | | | | — | | | | | | 1,350,071 | | | | | | — | | | | | | 130,503 | | | | | | — | | | | | | 1,977 | | | | | | 1,810,575 | | | |||
| | | 2020 | | | | | | 305,655 | | | | | | 15,000 | | | | | | 400,056 | | | | | | — | | | | | | 22,050 | | | | | | — | | | | | | 1,631 | | | | | | 744,392 | | |
| | | | | | | | | | | | | | |
Estimated Future Payouts
Under Non-Equity Incentive Plan Awards |
| |
Estimated Future Payouts
Under Equity Incentive Plan Awards |
| |
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 |
| |
Grant
Date Fair Value of Stock and Option Awards |
| ||||||||||||||||||||||||||||||||||||||||||
Named
Executive Officer |
| | | | | | | | | | | | | |
Threshold
|
| |
Target
|
| |
Maximum
|
| |
Threshold
|
| |
Target
|
| |
Maximum
|
| ||||||||||||||||||||||||||||||||||||||||||
|
Type
|
| |
Grant Date
|
| |
($)
|
| |
($)
|
| |
($)
|
| |
(#)
|
| |
(#)
|
| |
(#)
|
| |
(#)(1)
|
| |
(#)
|
| |
($/Sh)
|
| |
($)(2)
|
| ||||||||||||||||||||||||||||||||||||||
Randy Garutti
|
| | | |
Cash Incentive |
| | | | | 12/30/2021 | | | | | | — | | | | | | 731,577 | | | | | | 1,463,154 | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | |
| | | | | RSUs | | | | | | 3/1/2022 | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | 19,971 | | | | | | — | | | | | | — | | | | | | 1,500,022 | | |
Katherine
Fogertey |
| | | |
Cash Incentive |
| | | | | 12/30/2021 | | | | | | — | | | | | | 234,519 | | | | | | 469,038 | | | | | | — | | | | | | — | | | | | | — | | | | | | | | | | | | — | | | | | | — | | | | | | — | | |
| | | | | RSUs | | | | | | 3/1/2022 | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | 9,986 | | | | | | — | | | | | | — | | | | | | 750,048 | | |
Zachary Koff
|
| | | |
Cash Incentive |
| | | | | 12/30/2021 | | | | | | — | | | | | | 147,277 | | | | | | 245,952 | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | |
| | | | | RSUs | | | | | | 3/1/2022 | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | 9,986 | | | | | | — | | | | | | — | | | | | | 750,048 | | |
| | |
Option Awards
|
| |
Stock Awards
|
| ||||||||||||||||||||||||||||||||||||||||||
Named Executive
Officer |
| |
Number of
Securities Underlying Unexercised Options (#) Exercisable |
| |
Number of
Securities Underlying Unexercised Options (#) Unexercisable |
| |
Option
Exercise Price ($) |
| |
Option
Expiration Date |
| |
Number
of Shares or Units of Stock That Have Not Vested (#) |
| |
Market
Value of Shares or Units of Stock That Have Not Vested ($)(1) |
| |
Equity
incentive plan awards: Number of unearned shares, units or other rights that have not vested (#) |
| |
Equity
incentive plan awards: Market or payout value of unearned shares, units or other rights that have not vested ($)(1) |
| ||||||||||||||||||||||||
Randy Garutti | | | | | | | | | | | | | | | | | | | | | | | | | | | | | 44,515 | | | | | | 1,894,113(2) | | | | | | 17,701 | | | | | | 753,178(3) | | |
Katherine Fogertey | | | | | | | | | | | | | | | | | | | | | | | | | | | | | 27,184 | | | | | | 1,156,679(4) | | | | | | 8,851 | | | | | | 376,610(5) | | |
Zachary Koff | | | | | 15,100 | | | | | | — | | | | | | 21.00 | | | | | | 1/29/2025 | | | | | | 18,159 | | | | | | 772,666(6) | | | | | | 8,851 | | | | | | 376,610(7) | | |
| | |
Option Awards
|
| |
Stock Awards
|
| ||||||||||||||||||
Named Executive Officer
|
| |
Number of
Shares Acquired on Exercise (#) |
| |
Value
Realized on Exercise ($) |
| |
Number of
Shares Acquired on Vesting (#) |
| |
Value Realized
on Vesting ($) |
| ||||||||||||
Randy Garutti | | | | | — | | | | | | — | | | | | | 11,810 | | | | | | 822,931 | | |
Katherine Fogertey | | | | | — | | | | | | — | | | | | | 4,299 | | | | | | 199,732 | | |
Zachary Koff | | | | | 8,900 | | | | | | 161,330 | | | | | | 4,371 | | | | | | 308,654 | | |
Named Executive Officer
|
| |
Named
Executive Officer Contributions in Fiscal 2022 ($) |
| |
Registrant
Contributions in Fiscal 2022 ($) |
| |
Aggregate
Earnings in Fiscal 2022 ($) |
| |
Aggregate
Withdrawals/ Distributions ($) |
| |
Aggregate
Balance at December 28, 2022 ($) |
| |||||||||||||||
Randy Garutti | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | |
Katherine Fogertey | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | |
Zachary Koff | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | |
| |
Potential Payments Upon Termination without Cause or Resignation with Good Reason(1)
|
| | |||||||||||||||||||||
| |
Compensation Element
|
| | |
Mr. Garutti(2)
|
| | |
Ms. Fogertey
|
| | |
Mr. Koff
|
| | |||||||||
| | Accrued and Unpaid Salary and Other Benefits ($) | | | | | | 44,733 | | | | | | | 17,628 | | | | | | | 34,607 | | | |
| | Short-term Bonus ($) | | | | | | 187,500 | | | | | | | 59,063 | | | | | | | 37,500 | | | |
| | Salary through Employment Term ($) | | | | | | 1,125,000 | | | | | | | 118,125 | | | | | | | 375,000 | | | |
| |
Total Cash Payments ($)
|
| | | | | 1,357,233 | | | | | | | 194,816 | | | | | | | 447,107 | | | |
| |
Acceleration of Unvested Equity Awards ($)(3)
|
| | | | | 1,268,118 | | | | | | | — | | | | | | | 219,079 | | | |
| |
COBRA ($)
|
| | | | | 25,863 | | | | | | | — | | | | | | | 26,135 | | | |
| |
TOTAL
|
| | | | | 2,651,214 | | | | | | | 194,816 | | | | | | | 692,321 | | | |
| |
Potential Payments Upon Termination Due to Death or Disability(4)
|
| | |||||||||||||||||||||
| | Compensation Element | | | |
Mr. Garutti
|
| | |
Ms. Fogertey
|
| | |
Mr. Koff
|
| | |||||||||
| | Acceleration of Unvested Equity Awards ($)(3) | | | | | | 251,059 | | | | | | | 125,537 | | | | | | | 125,537 | | | |
| |
TOTAL ($)
|
| | | | | 2,902,273 | | | | | | | 320,353 | | | | | | | 817,858 | | | |
| | |
Number of securities to be issued
upon exercise of outstanding options, warrants and rights (a) |
| |
Weighted-average exercise price
of outstanding options, warrants and rights (b) |
| |
Number of securities remaining
available for future issuance under equity compensation plans (excluding securities reflected in column (a) (c)(2) |
| |||||||||
Equity compensation plans approved by security holders(1)
|
| | | | 134,031 | | | | | $ | 21.88 | | | | | | 2,758,726 | | |
Equity compensation plans not approved by security holders
|
| | | | — | | | | | | — | | | | | | — | | |
Total | | | | | 134,031 | | | | | $ | 21.88 | | | | | | 2,758,726 | | |
| | | | | | | | | | | | | | | | | | | | | | | | | | | Value of Initial Fixed $100 | | | | | | | | | | | | | | |||||||||
Fiscal Year | | | Summary Compensation Table for CEO | | | Compensation Actually Paid to CEO(1) | | | Average Summary Compensation Table Total for other NEOs(2) | | | Average Compensation Actually Paid to Other NEOs(2) | | | Total Shareholder Return(3) | | | Peer Group Total Shareholder Return(3) | | | Net Income (in millions) | | | Adjusted EBITDA (in millions)(4) | | ||||||||||||||||||||||||
2022 | | | | $ | | | | | $ | | | | | $ | | | | | $ | | | | | $ | | | | | $ | | | | | $ | ( | | | | | $ | | | |||||||
2021 | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | ( | | | | | | | | |||||||
2020 | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | ( | | | | | | | |
Fiscal Year | | | Named Executive Officers | | | Summary Compensation Table Total | | | Grant Date Value of New Awards | | | Year End Value of New Awards | | | Change in Value of Unvested Awards | | | Change in Value of Vested Awards | | | Total Equity Compensation Actually Paid | | | Compensation Actually Paid | | |||||||||||||||||||||
2022 | | | CEO | | | | $ | | | | | $ | ( | | | | | $ | | | | | $ | ( | | | | | $ | ( | | | | | $ | ( | | | | | $ | | | |||
| | | Other NEOs | | | | | | | | | | ( | | | | | | | | | | | ( | | | | | | ( | | | | | | ( | | | | | | | | |||
2021 | | | CEO | | | | | | | | | | ( | | | | | | | | | | | ( | | | | | | | | | | | | | | | | | | |||||
| | | Other NEOs | | | | | | | | | | ( | | | | | | | | | | | ( | | | | | | | | | | | | | | | | | | |||||
2020 | | | CEO | | | | | | | | | | ( | | | | | | | | | | | | | | | | | | | | | | | | | | | | ||||||
| | | Other NEOs | | | | | | | | | | ( | | | | | | | | | | | | | | | | | | | | | | | | | | | |
| |
Redeeming Owners of SSE Holdings
|
| | |
Effective Dates of Redemption
|
| | |
Shares of Class A Common Stock Issued upon Redemption
|
| |
| | David A. Swinghamer | | | |
February 25, 2022
|
| | |
5,000
|
| |
| | David A. Swinghamer | | | |
March 29, 2022
|
| | |
5,000
|
| |
| | David A. Swinghamer | | | |
April 25, 2022
|
| | |
5,000
|
| |
| | Laura Sloate | | | |
June 25, 2022
|
| | |
20,074
|
| |
| | Richard Coraine | | | |
June 25, 2022
|
| | |
5,000
|
| |
| | Richard Coraine 2012 Family Trust | | | |
June 25, 2022
|
| | |
10,000
|
| |
| | Beth Stephens | | | |
September 25, 2022
|
| | |
2,000
|
| |