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Summary Compensation Table
|
| |||||||||||||||||||||||||||||||||||||||||||||||||||
Name and Principal Position
|
| |
Year
|
| |
Salary
($) |
| |
Bonus
($) |
| |
Stock
Awards ($)(1) |
| |
Option
Awards ($) |
| |
Non-Equity
Incentive Plan Compensation ($) |
| |
Non-Qualified
Deferred Compensation Earnings ($) |
| |
All Other
Compensation ($)(2) |
| |
Total
($) |
| |||||||||||||||||||||||||||
Lester R. Brafman
|
| | | | 2020 | | | | | | 630,000 | | | | | | 2,120,000 | | | | | | 3,995,530(6) | | | | | | — | | | | | | — | | | | | | 1,124,000 | | | | | | 1,994,559(12) | | | | | | 9,864,089 | | |
Chief Executive Officer(3)
|
| | | | 2019 | | | | | | 630,000 | | | | | | — | | | | | | 220,000(7) | | | | | | — | | | | | | — | | | | | | — | | | | | | 27,464 | | | | | | 877,464 | | |
Daniel G. Cohen
|
| | | | 2020 | | | | | | 630,000 | | | | | | 1,520,000 | | | | | | 3,995,530(8) | | | | | | — | | | | | | — | | | | | | 1,967,000 | | | | | | 1,996,798(12) | | | | | | 10,109,328 | | |
Chairman(4)
|
| | | | 2019 | | | | | | 630,000 | | | | | | — | | | | | | 220,000(9) | | | | | | — | | | | | | — | | | | | | — | | | | | | 27,464 | | | | | | 877,464 | | |
Joseph W. Pooler, Jr.
|
| | | | 2020 | | | | | | 441,000 | | | | | | 775,860 | | | | | | 185,400(10) | | | | | | — | | | | | | — | | | | | | — | | | | | | 320,889 | | | | | | 1,723,149 | | |
Executive Vice President,
|
| | | | 2019 | | | | | | 441,000 | | | | | | — | | | | | | 75,000(11) | | | | | | — | | | | | | 170,000 | | | | | | — | | | | | | 27,273 | | | | | | 713,273 | | |
Chief Financial Officer & Treasurer(5)
|
| | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
| | |
Option Awards
|
| |
Stock Awards
|
| ||||||||||||||||||||||||||||||||||||||||||||||||
Name
|
| |
Number of
Securities Underlying Unexercised Options (#) Exercisable |
| |
Number of
Securities Underlying Unexercised Options (#) Unexercisable |
| |
Equity
Incentive Plan Awards; Number of Securities Underlying Unexercised Unearned Options (#) |
| |
Option
Exercise Price ($) |
| |
Option
Expiration Date |
| |
Number of
Shares or Units of Stock That Have Not Vested (#) |
| |
Market
Value of Shares or Units of Stock That Have Not Vested ($)(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 ($) |
| |||||||||||||||||||||||||||
Lester R. Brafman
|
| | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | 264,558(2) | | | | | | 4,322,878 | | | | | | — | | | | | | — | | |
Joseph W. Pooler, Jr.
|
| | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | 22,008(2) | | | | | | 359,611 | | | | | | — | | | | | | — | | |
Daniel G. Cohen
|
| | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | 2,783,080(3) | | | | | | 4,547,553(3) | | | | | | — | | | | | | — | | |
| | |
(a)
|
| |
(b)
|
| |
(c)
|
| |||||||||
Plan Category
|
| |
Number of
securities to be issued upon the exercise of outstanding options, warrants and rights(1) |
| |
Weighted-
average exercise price of outstanding options, warrants and rights |
| |
Number of securities
remaining available for future issuance under equity compensation plans (excluding securities reflected in column (a)) |
| |||||||||
Equity compensation plans approved by security holders
|
| | | | — | | | | | | — | | | | | | 200,000 | | |
Equity compensation plans not approved by security holders
|
| | | | — | | | | | | — | | | | | | — | | |
Total
|
| | | | | | | | | | | | | | | | 200,000 | | |
Name
|
| |
Fees
Earned or Paid in Cash ($)(1) |
| |
Stock
Awards ($) |
| |
Option
Awards ($) |
| |
Non-Equity
Incentive Plan Compensation ($) |
| |
Nonqualified
Deferred Compensation Earnings ($) |
| |
All Other
Compensation ($) |
| |
Total
($) |
| |||||||||||||||||||||
G. Steven Dawson
|
| | | | 95,000 | | | | | | 18,540 | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | 113,500 | | |
Jack DiMaio
|
| | | | 75,000 | | | | | | 18,540 | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | 93,540 | | |
Jack Haraburda
|
| | | | 78,750 | | | | | | 18,540 | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | 97,290 | | |
Diana Louise Liberto
|
| | | | 78,750 | | | | | | 18,540 | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | 97,290 | | |
| | |
Year Ended
December 31, 2020 |
| |
Year Ended
December 31, 2019 |
| ||||||
Audit Fees(1)
|
| | | $ | 553,416 | | | | | $ | 602,249 | | |
Audit-Related Fees(2)
|
| | | | 19,950 | | | | | | 19,294 | | |
Tax Fees
|
| | | | — | | | | | | — | | |
All Other Fees
|
| | | | 59,000 | | | | | | — | | |
Total Principal Accounting Firm Fees
|
| | | $ | 632,366 | | | | | $ | 621,543 | | |
Name
|
| |
Series E
Preferred Stock Beneficially Owned |
| |
Percent of
Class(1) |
| |
Series F
Preferred Stock Beneficially Owned |
| |
Percent of
Class(2) |
| |
Common
Stock Beneficially Owned |
| |
Percent of
Class(3) |
| ||||||||||||||||||
Greater than 5% owners: | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
Betsy Zubrow Cohen(4)
|
| | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | 83,595 | | | | | | 6.3% | | |
Edward E. Cohen(5)
|
| | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | 105,484 | | | | | | 8.0% | | |
EBC 2013 Family Trust(6)
|
| | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | 80,000 | | | | | | 6.0% | | |
Directors and Named Executive Officers:
|
| | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
Lester R. Brafman(7)
|
| | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | 70,798 | | | | | | 5.3% | | |
Daniel G. Cohen(8)
|
| | | | 4,983,557 | | | | | | 100% | | | | | | 22,429,541(9) | | | | | | 100% | | | | | | 3,046,314 | | | | | | 73.0% | | |
G. Steven Dawson(10)
|
| | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | 25,970 | | | | | | 2.0% | | |
Jack J. DiMaio, Jr.
|
| | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | 16,633 | | | | | | 1.3% | | |
Jack Haraburda
|
| | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | 7,284 | | | | | | * | | |
Diana Louise Liberto
|
| | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | 11,338 | | | | | | * | | |
Joseph W. Pooler, Jr.(11)
|
| | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | 57,495 | | | | | | 4.3% | | |
All current executive officers and directors as a group (7 persons)(12)
|
| | | | 4,983,557 | | | | | | 100% | | | | | | 22,429,541 | | | | | | 100% | | | | | | 3,504,911 | | | | | | 80.9% | | |
Name
|
| |
Percent of
Class of Dioptra II Interests |
| |||
Directors and Named Executive Officers: | | | | | | | |
Daniel G. Cohen(1)
|
| | | | 3.97% | | |
Lester R. Brafman(2)
|
| | | | 3.97% | | |
Joseph W. Pooler, Jr.(3)
|
| | | | * | | |
All current executive officers and directors as a group (7 persons)
|
| | | | 8.54% | | |
Name
|
| |
Percent of
Class of IAS II Interests |
| |||
Directors and Named Executive Officers: | | | | | | | |
G. Steven Dawson(1)
|
| | | | 1.55% | | |
Diana Louise Liberto(2)
|
| | | | 1.16% | | |
All current executive officers and directors as a group (7 persons)
|
| | | | 2.71% | | |
Name
|
| |
Percent of
Class of Dioptra III Interests |
| |||
Directors and Named Executive Officers: | | | | | | | |
Daniel G. Cohen(1)
|
| | | | 3.41% | | |
Lester R. Brafman(2)
|
| | | | 3.41% | | |
Joseph W. Pooler, Jr.(3)
|
| | | | * | | |
All current executive officers and directors as a group (7 persons)
|
| | | | 7.33% | | |
Name
|
| |
Age
|
| |
Position
|
|
Lester R. Brafman | | | 58 | | | Chief Executive Officer | |
Daniel G. Cohen | | | 51 | | | President and Chief Executive, European Business | |
Joseph W. Pooler, Jr. | | | 55 | | | Executive Vice President, Chief Financial Officer and Treasurer | |