| |
Investments
|
| | |
Top-Line Growth
|
| | |
Bottom-Line Results
|
| | |
Per Share Results
|
| |
| |
$2.3B of capital
committed, a 16% increase from 2021(1) |
| | |
$276.4M in total revenues, a 35% increase from 2021
|
| | |
$153.0M in net income attributable to common stockholders, a 36% increase from 2021
$233.7M in adjusted funds from operations (“AFFO”), a 34% increase from 2021(2)
|
| | |
$5.52 in net income attributable to common stockholders per share – diluted, a 21% increase from 2021
$8.45 in AFFO per share – diluted, a 27% increase from 2021(2)
|
| |
| |
Total Stockholder
Return Since Inception(1) |
| | |
Common Stock Dividends
|
| |
| |
530% Company TSR
32% MSCI US REIT Index TSR(4)(5)
95% S&P 500 TSR(5)
|
| | |
$7.10 in 2022 Dividends, a 24% increase from 2021(2)
$1.80 Q4 2022 Dividend(3)
|
| |
|
Corporate Governance Highlights
|
| |||||||||
| ✓ | | | Six directors, including four independent directors, one female director and one Mexican-American director. | | | ✓ | | | Our directors conduct annual self-evaluations and participate in orientation and continuing education programs. | |
| ✓ | | | All directors subject to annual election. | | | ✓ | | | We annually submit our executive compensation to a “say-on-pay” advisory vote by our stockholders. | |
| ✓ | | | All Board committee members are independent. | | | ✓ | | | We amended our bylaws to allow stockholders to propose amendments to our bylaws. | |
| ✓ | | | Our directors, officers, and other employees are subject to a Code of Business Conduct and Ethics. | | | ✓ | | | The restricted stock and restricted stock unit awards for our named executive officers have “double-trigger” acceleration provisions. | |
| ✓ | | | Our directors, officers, and employees are subject to anti-hedging and anti-pledging policies. | | | ✓ | | | Our Board conducts regular executive sessions of independent directors. | |
| ✓ | | | Cash and equity incentive compensation is subject to a formal clawback policy. | | | ✓ | | | All directors attended at least 93% of Board and Board committee meetings in 2022, including ten Board meetings. | |
| ✓ | | | Adopted Vendor Code of Conduct. | | | ✓ | | | Adopted Human Rights Policy. | |
| ✓ | | | Adopted Diversity, Equality and Inclusion Policy Statement. | | | ✓ | | | Independent vice chairman of the Board. | |
| ✓ | | | No stockholder rights plan is in effect. | | | ✓ | | | No tax gross-up provisions. | |
| | | | | 2 | | | |
| | | | | 4 | | | |
| | | | | 4 | | | |
| | | | | 4 | | | |
| | | | | 6 | | | |
| | | | | 13 | | | |
| | | | | 13 | | | |
| | | | | 14 | | | |
| | | | | 15 | | | |
| | | | | 15 | | | |
| | | | | 16 | | | |
| | | | | 17 | | | |
| | | | | 17 | | | |
| | | | | 17 | | | |
| | | | | 20 | | | |
| | | | | 22 | | | |
| | | | | 25 | | | |
| | | | | 26 | | | |
| | | | | 27 | | | |
| | | | | 27 | | | |
| | | | | 28 | | | |
| | | | | 28 | | | |
| | | | | 29 | | | |
| | | | | 29 | | | |
| | | | | 30 | | | |
| | | | | 31 | | | |
| | | | | 33 | | | |
| | | | | 35 | | | |
| | | | | 36 | | | |
| | | | | 37 | | | |
| | | | | 38 | | | |
| | | | | 40 | | | |
| | | | | 41 | | | |
| | | | | 41 | | | |
| | | | | 41 | | | |
| | | | | 41 | | | |
| | | | | 42 | | |
| | | | | |
Alan
Gold |
| | |
Mary
Curran |
| | |
Gary
Kreitzer |
| | |
Scott
Shoemaker |
| | |
Paul
Smithers |
| | |
David
Stecher |
| | ||||||||||||||||||
| | Extensive commercial real estate experience | | | | | | X | | | | | | | | | | | | | | X | | | | | | | | | | | | | | | | | | | | | | | | |
| | Relevant executive experience | | | | | | X | | | | | | | X | | | | | | | X | | | | | | | | | | | | | | X | | | | | | | | | | |
| |
High level of financial and capital markets experience
|
| | | | | X | | | | | | | X | | | | | | | X | | | | | | | | | | | | | | | | | | | | | X | | | |
| |
Deep understanding of potential medical applications for cannabis
|
| | | | | X | | | | | | | | | | | | | | | | | | | | | X | | | | | | | | | | | | | | | | | |
| | Strong regulatory and legal knowledge | | | | | | | | | | | | | | | | | | | | X | | | | | | | | | | | | | | X | | | | | | | | | | |
| | Risk oversight experience | | | | | | X | | | | | | | X | | | | | | | X | | | | | | | X | | | | | | | X | | | | | | | X | | | |
|
Name
|
| |
Position
|
| |
Age
|
| |||
| Alan Gold | | | Executive Chairman | | | | | 62 | | |
| Gary Kreitzer | | | Vice Chairman | | | | | 68 | | |
| Mary Curran | | | Director | | | | | 66 | | |
| Scott Shoemaker | | | Director | | | | | 56 | | |
| Paul Smithers | | | President, Chief Executive Officer and Director | | | | | 66 | | |
| David Stecher | | | Director | | | | | 62 | | |
|
Name(1)
|
| |
Fees Earned or
Paid in Cash(2) |
| |
Stock Awards(3)
|
| |
Total
|
| |||||||||
| Gary Kreitzer | | | | $ | 155,000 | | | | | $ | 200,108 | | | | | $ | 355,108 | | |
| Mary Curran | | | | | 75,000 | | | | | | 160,009 | | | | | | 235,009 | | |
| Scott Shoemaker, M.D. | | | | | 80,000 | | | | | | 160,009 | | | | | | 240,009 | | |
| David Stecher | | | | | 85,000 | | | | | | 160,009 | | | | | | 245,009 | | |
| | | |
Audit Committee
|
| |
Compensation
Committee |
| |
Nominating and Corporate
Governance Committee |
|
| Gary Kreitzer | | |
X
|
| |
Chair
|
| |
X
|
|
| Mary Curran | | |
X
|
| | | | |
X
|
|
| Scott Shoemaker, M.D. | | | | | |
X
|
| |
Chair
|
|
| David Stecher | | |
Chair
|
| |
X
|
| | | |
| Number of Meetings in 2022 | | |
5
|
| |
3
|
| |
2
|
|
| | | |
2022
|
| |
2021
|
|
| Audit Fees(1) | | |
$921
|
| |
$581
|
|
| Audit Related Fees | | |
—
|
| |
—
|
|
| Tax Fees | | |
109
|
| |
105
|
|
| All Other Fees | | |
—
|
| |
—
|
|
| Total | | |
$1,030
|
| |
$686
|
|
|
Name
|
| |
Position
|
|
| Alan Gold | | | Executive Chairman | |
| Paul Smithers | | | President and Chief Executive Officer | |
| David Smith | | | Chief Financial Officer and Treasurer | |
| Brian Wolfe | | | Vice President, General Counsel and Secretary | |
|
Name
|
| |
Position
|
|
| Alan Gold | | | Executive Chairman | |
| Paul Smithers | | | President and Chief Executive Officer | |
| Catherine Hastings | | | Chief Financial Officer and Treasurer | |
| Brian Wolfe | | | Vice President, General Counsel and Secretary | |
|
![]() |
| |
![]() |
|
|
Executive
|
| |
2021 Annual
Base Salary |
| |
2022 Annual
Base Salary |
| |
Percentage Change
from 2021 to 2022 |
| |||||||||
| Alan Gold | | | | $ | 1,023,750 | | | | | $ | 1,126,000 | | | | | | 10.0% | | |
| Paul Smithers | | | | | 840,000 | | | | | | 924,000 | | | | | | 10.0% | | |
| Catherine Hastings | | | | | 308,500 | | | | | | 400,000 | | | | | | 29.7% | | |
| Brian Wolfe | | | | | 295,000 | | | | | | 350,000 | | | | | | 18.6% | | |
|
Executive
|
| |
2022
Restricted Stock(1) |
| |
2022
RSUs(1) |
| ||||||
| Alan Gold | | | | | — | | | | | | 16,218 | | |
| Paul Smithers | | | | | 11,583 | | | | | | — | | |
| Catherine Hastings | | | | | — | | | | | | 4,635 | | |
| Brian Wolfe | | | | | 4,170 | | | | | | — | | |
|
The Company’s TSR Ranking within the Two Comparator Groups
|
| |
The Company’s TSR Ranking within the
Two Comparator Groups |
|
|
At or above 80th percentile TSR
|
| |
150%
|
|
|
Between the 80th percentile TSR and 55th percentile TSR
|
| |
Determined by linear interpolation(1)
|
|
|
At the 55th percentile TSR
|
| |
100%
|
|
|
Between the 25th percentile TSR and 55th percentile TSR
|
| |
Determined by linear interpolation(2)
|
|
|
At or below the 25th percentile TSR
|
| |
0%
|
|
|
Executive
|
| |
2022 Target PSUs
|
| |||
| Alan Gold | | | | | 46,188 | | |
| Paul Smithers | | | | | 30,792 | | |
| Catherine Hastings | | | | | 12,317 | | |
| Brian Wolfe | | | | | 10,264 | | |
|
Name and Principal Position
|
| |
Year
|
| |
Salary
|
| |
Bonus
|
| |
Stock
Awards |
| |
All Other
Compensation(1) |
| |
Total
|
| ||||||||||||||||||
|
Alan Gold
Executive Chairman |
| | |
|
2022
|
| | | |
$
|
1,126,000
|
| | | |
$
|
2,133,501
|
| | | |
$
|
12,500,687(2)
|
| | | |
$
|
9,150
|
| | | |
$
|
15,769,338
|
| |
| |
|
2021
|
| | | |
|
1,023,750
|
| | | |
|
2,303,438
|
| | | |
|
7,788,919(3)
|
| | | |
|
8,700
|
| | | |
|
11,124,807
|
| | |||
| |
|
2020
|
| | | |
|
682,500
|
| | | |
|
1,535,625
|
| | | |
|
1,200,108(4)
|
| | | |
|
8,550
|
| | | |
|
3,426,783
|
| | |||
|
Paul Smithers
President and Chief Executive Officer |
| | |
|
2022
|
| | | |
|
924,000
|
| | | |
|
1,386,000
|
| | | |
|
8,500,204(2)
|
| | | |
|
9,150
|
| | | |
|
10,819,354
|
| |
| |
|
2021
|
| | | |
|
840,000
|
| | | |
|
1,260,000
|
| | | |
|
4,860,388(3)
|
| | | |
|
8,700
|
| | | |
|
6,969,088
|
| | |||
| |
|
2020
|
| | | |
|
420,000
|
| | | |
|
630,000
|
| | | |
|
800,147(4)
|
| | | |
|
8,550
|
| | | |
|
1,858,697
|
| | |||
|
Catherine Hastings
Chief Operating Officer, Former Chief Financial Officer andTreasurer(5) |
| | |
|
2022
|
| | | |
|
400,000
|
| | | |
|
600,000
|
| | | |
|
3,400,509(2)
|
| | | |
|
9,150
|
| | | |
|
4,409,659
|
| |
| |
|
2021
|
| | | |
|
308,500
|
| | | |
|
462,750
|
| | | |
|
1,933,949(3)
|
| | | |
|
8,700
|
| | | |
|
2,713,899
|
| | |||
| |
|
2020
|
| | | |
|
246,750
|
| | | |
|
370,125
|
| | | |
|
550,031(4)
|
| | | |
|
8,550
|
| | | |
|
1,175,456
|
| | |||
|
Brian Wolfe
Vice President, General Counsel and Secretary |
| | |
|
2022
|
| | | |
|
350,000
|
| | | |
|
525,000
|
| | | |
|
2,900,096(2)
|
| | | |
|
9,150
|
| | | |
|
3,784,246
|
| |
| |
|
2021
|
| | | |
|
295,000
|
| | | |
|
442,500
|
| | | |
|
1,683,695(3)
|
| | | |
|
8,700
|
| | | |
|
2,429,895
|
| | |||
| |
|
2020
|
| | | |
|
241,500
|
| | | |
|
362,250
|
| | | |
|
500,007(4)
|
| | | |
|
8,550
|
| | | |
|
1,112,307
|
| |
| | | | | | | | | | | | | | | |
Estimated Future Payouts Under Equity
Incentive Plan Awards(1) |
| |
All Other Stock
Awards: Number of Shares of Stock or Units(2) |
| |
Grant Date
Fair Value of Stock Awards(3) |
| |||||||||||||||||||||
|
Name
|
| |
Grant Type
|
| |
Grant Date
|
| |
Threshold
|
| |
Target
|
| |
Maximum
|
| |||||||||||||||||||||||||||
|
Alan Gold
|
| | | | RSUs | | | | | | 1/11/22 | | | | | | | | | | | | | | | | | | | | | | | | 16,218 | | | | | $ | 3,500,493 | | |
| | | PSUs | | | | | | 1/11/22 | | | | | | — | | | | | | 46,188 | | | | | | 69,282 | | | | | | | | | | | | 9,000,194 | | | |||
|
Paul Smithers
|
| | | | Restricted stock | | | | | | 1/11/22 | | | | | | | | | | | | | | | | | | | | | | | | 11,583 | | | | | | 2,500,075 | | |
| | | PSUs | | | | | | 1/11/22 | | | | | | — | | | | | | 30,792 | | | | | | 46,188 | | | | | | | | | | | | 6,000,129 | | | |||
|
Catherine Hastings
|
| | | | RSUs | | | | | | 1/11/22 | | | | | | | | | | | | | | | | | | | | | | | | 4,635 | | | | | | 1,000,418 | | |
| | | PSUs | | | | | | 1/11/22 | | | | | | — | | | | | | 12,317 | | | | | | 18,475 | | | | | | | | | | | | 2,400,091 | | | |||
|
Brian Wolfe
|
| | | | Restricted stock | | | | | | 1/11/22 | | | | | | | | | | | | | | | | | | | | | | | | 4,170 | | | | | | 900,053 | | |
| | | PSUs | | | | | | 1/11/22 | | | | | | — | | | | | | 10,264 | | | | | | 15,396 | | | | | | | | | | | | 2,000,043 | | |
| | | |
Stock Awards
|
| |||||||||||||||||||||
|
Name
|
| |
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(2) |
| |
Equity Incentive Plan
Awards: Market or Payout Value of Unearned Shares, Units or Other Rights That Have Not Vested(3) |
| ||||||||||||
| Alan Gold | | | | | 29,952(4) | | | | | $ | 3,035,635 | | | | | | 78,045 | | | | | $ | 7,909,861 | | |
| Paul Smithers | | | | | 19,570(5) | | | | | | 1,983,420 | | | | | | 52,030 | | | | | | 5,273,241 | | |
| Catherine Hastings | | | | | 8,814(6) | | | | | | 893,299 | | | | | | 20,813 | | | | | | 2,109,398 | | |
| Brian Wolfe | | | | | 8,091(7) | | | | | | 820,023 | | | | | | 17,344 | | | | | | 1,757,814 | | |
| | | |
Stock Awards
|
| |||||||||
|
Name
|
| |
Number of Shares or
Units Acquired on Vesting (#)(1) |
| |
Value Realized on
Vesting ($)(2) |
| ||||||
| Alan Gold | | | | | 15,208 | | | | | $ | 3,998,335 | | |
| Paul Smithers | | | | | 9,555 | | | | | | 2,512,105 | | |
| Catherine Hastings | | | | | 5,834 | | | | | | 1,533,817 | | |
| Brian Wolfe | | | | | 5,594 | | | | | | 1,470,719 | | |
|
Name
|
| |
Executive
Contributions in Last Fiscal Year($)(1) |
| |
Registrant
Contributions in Last Fiscal Year($) |
| |
Aggregate
Earnings (Losses) in Last Fiscal Year($)(2) |
| |
Aggregate
Withdrawals / Distributions($)(3) |
| |
Aggregate Balance
at Last Fiscal Year End($)(4) |
| |||||||||||||||
| Alan Gold | | | | $ | 2,505,532 | | | | | $ | — | | | | | $ | (2,119,767) | | | | | $ | (280,367) | | | | | $ | 1,505,656 | | |
| Paul Smithers | | | | | 1,516,728 | | | | | | — | | | | | | (1,388,052) | | | | | | (117,688) | | | | | | 944,582 | | |
|
Catherine Hastings
|
| | | | 870,232 | | | | | | — | | | | | | (837,041) | | | | | | (92,090) | | | | | | 582,864 | | |
| Brian Wolfe | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | |
|
Named Executive Officer and Trigger
|
| |
Severance
Payments(1) |
| |
Medical
Benefits(2) |
| |
Value of
Accelerated or Continued Vesting of Restricted Stock or RSUs(3) |
| |
Value of
Accelerated or Continued Vesting of PSUs(4) |
| |
Total
|
| |||||||||||||||
| Alan Gold | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
|
Qualifying Termination (other than within two years of a “change of control”)
|
| | | $ | 9,350,564 | | | | | $ | 21,670 | | | | | $ | 2,241,463 | | | | | $ | 2,899,617 | | | | | $ | 14,513,314 | | |
|
Qualifying Termination (within two years
of a “change of control”) |
| | | | 9,350,564 | | | | | | 21,670 | | | | | | 3,035,635 | | | | | | 2,899,617 | | | | | | 15,307,486 | | |
| Qualifying Retirement | | | | | — | | | | | | — | | | | | | 3,035,635 | | | | | | 2,899,617 | | | | | | 5,935,252 | | |
| Death | | | | | — | | | | | | — | | | | | | 3,035,635 | | | | | | 2,899,617 | | | | | | 5,935,252 | | |
| Disability | | | | | — | | | | | | — | | | | | | 3,035,635 | | | | | | 2,899,617 | | | | | | 5,935,252 | | |
| Paul Smithers | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
|
Qualifying Termination (other than within two years of a “change of control”)
|
| | | $ | 6,048,000 | | | | | $ | 51,161 | | | | | $ | 1,443,172 | | | | | $ | 1,933,078 | | | | | $ | 9,475,411 | | |
|
Qualifying Termination (within two years
of a “change of control”) |
| | | | 6,048,000 | | | | | | 51,161 | | | | | | 1,983,420 | | | | | | 1,933,078 | | | | | | 10,015,659 | | |
| Qualifying Retirement | | | | | — | | | | | | — | | | | | | 1,983,420 | | | | | | 1,933,078 | | | | | | 3,916,498 | | |
| Death | | | | | — | | | | | | — | | | | | | 1,983,420 | | | | | | 1,933,078 | | | | | | 3,916,498 | | |
| Disability | | | | | — | | | | | | — | | | | | | 1,983,420 | | | | | | 1,933,078 | | | | | | 3,916,498 | | |
| Catherine Hastings | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
|
Qualifying Termination (other than within two years of a “change of control”)
|
| | | $ | 1,755,250 | | | | | $ | 53,017 | | | | | $ | 677,658 | | | | | $ | 773,257 | | | | | $ | 3,259,182 | | |
|
Qualifying Termination (within two years
of a “change of control”) |
| | | | 1,755,250 | | | | | | 53,017 | | | | | | 893,299 | | | | | | 773,257 | | | | | | 3,474,823 | | |
| Qualifying Retirement | | | | | — | | | | | | — | | | | | | 893,299 | | | | | | 773,257 | | | | | | 1,666,556 | | |
| Death | | | | | — | | | | | | — | | | | | | 893,299 | | | | | | 773,257 | | | | | | 1,666,556 | | |
| Disability | | | | | — | | | | | | — | | | | | | 893,299 | | | | | | 773,257 | | | | | | 1,666,556 | | |
| Brian Wolfe | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
|
Qualifying Termination (other than within two years of a “change of control”)
|
| | | $ | 1,586,500 | | | | | $ | 53,017 | | | | | $ | 623,639 | | | | | $ | 644,372 | | | | | $ | 2,907,528 | | |
|
Qualifying Termination (within two years
of a “change of control”) |
| | | | 1,586,500 | | | | | | 53,017 | | | | | | 820,023 | | | | | | 644,372 | | | | | | 3,103,912 | | |
| Qualifying Retirement | | | | | — | | | | | | — | | | | | | 820,023 | | | | | | 644,372 | | | | | | 1,464,395 | | |
| Death | | | | | — | | | | | | — | | | | | | 820,023 | | | | | | 644,372 | | | | | | 1,464,395 | | |
| Disability | | | | | — | | | | | | — | | | | | | 820,023 | | | | | | 644,372 | | | | | | 1,464,395 | | |
| | | | Summary Compensation Table Total for CEO | | | Compensation Actually Paid to CEO(2) | | | Average Summary Compensation Table Total for Non-CEO NEOs | | | Average Compensation Actually Paid to Non-CEO NEOs(2) | | | Value of Initial Fixed $100 Investment Based on:(3) | | | Net Income | | | Investment Commitment | | |||||||||||||||||||||||||||
| Year(1) | | | Total Stockholder Return | | | Peer Group Total Stockholder Return | | ||||||||||||||||||||||||||||||||||||||||||
| 2022(5) | | | | $ | | | | | $ | ( | | | | | $ | | | | | $ | ( | | | | | $ | | | | | $ | | | | | $ | | | | | $ | | | ||||||
| 2021(6) | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | ||||||||
| 2020(7) | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
| 2022 | | | CEO | | | Average of Non-CEO NEOs | | ||||||
| CEO and Average of Non-CEO NEOs Total Reported in 2022 SCT | | | | $ | | | | | $ | | | ||
| Less, Value of Stock Awards Reported in SCT | | | | | ( | | | | | | ( | | |
| Plus, Year-End Value of Stock Awards Granted in Fiscal Year that are Unvested and Outstanding | | | | | | | | | | | | ||
| Plus, Change in Fair Value of Prior Year Stock Awards that are Unvested and Outstanding | | | | | ( | | | | | | ( | | |
| Plus, Dividends and Dividend Equivalents Paid this Year on Unvested Stock Awards | | | | | | | | | | | | ||
| Less, Prior Year Fair Value of Prior Year Stock Awards that Failed to Vest this Year | | | | | — | | | | | | — | | |
| Total Adjustments | | | | | ( | | | | | | ( | | |
| “Compensation Actually Paid” for Fiscal Year 2022 | | | | $ | ( | | | | | $ | ( | | |
| 2021 | | | CEO | | | Average of Non-CEO NEOs | | ||||||
| CEO and Average of Non-CEO NEOs Total Reported in 2021 SCT | | | | $ | | | | | $ | | | ||
| Less, Value of Stock Awards Reported in SCT | | | | | ( | | | | | | ( | | |
| Plus, Year-End Value of Stock Awards Granted in Fiscal Year that are Unvested and Outstanding | | | | | | | | | | | | ||
| Plus, Change in Fair Value of Prior Year Stock Awards that are Unvested and Outstanding | | | | | | | | | | | | ||
| Plus, Dividends and Dividend Equivalents Paid this Year on Unvested Stock Awards | | | | | | | | | | | | ||
| Less, Prior Year Fair Value of Prior Year Stock Awards that Failed to Vest this Year | | | | | — | | | | | | — | | |
| Total Adjustments | | | | | ( | | | | | | ( | | |
| “Compensation Actually Paid” for Fiscal Year 2021 | | | | $ | | | | | $ | | |
| 2020 | | | CEO | | | Average of Non-CEO NEOs | | ||||||
| CEO and Average of Non-CEO NEOs Total Reported in 2020 SCT | | | | $ | | | | | $ | | | ||
| Less, Value of Stock Awards Reported in SCT | | | | | ( | | | | | | ( | | |
| Plus, Year-End Value of Stock Awards Granted in Fiscal Year that are Unvested and Outstanding | | | | | | | | | | | | ||
| Plus, Change in Fair Value of Prior Year Stock Awards that are Unvested and Outstanding | | | | | | | | | | | | ||
| Plus, Dividends and Dividend Equivalents Paid this Year on Unvested Stock Awards | | | | | | | | | | | | ||
| Less, Prior Year Fair Value of Prior Year Stock Awards that Failed to Vest this Year | | | | | — | | | | | | — | | |
| Total Adjustments | | | | | | | | | | | | ||
| “Compensation Actually Paid” for Fiscal Year 2020 | | | | $ | | | | | $ | | |
| Most Important Performance Measures | |
| | |
| | |
| | |
| | |
|
Plan Category
|
| |
Number of Securities
to be Issued Upon Exercise of Outstanding Options, 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 First Column) |
|
|
Equity compensation plans approved by stockholders(1)
|
| |
257,113
|
| |
—
|
| |
754,266
|
|
|
Equity compensation plans not approved by stockholders
|
| |
—
|
| |
—
|
| |
—
|
|
|
Total
|
| |
257,113
|
| |
—
|
| |
754,266
|
|
|
Name of Beneficial Owner
|
| |
Number of Shares
Beneficially Owned |
| |
Percent of
All Shares(1) |
| ||||||
| Alan Gold(2) | | | | | 269,808 | | | | | | 1.0% | | |
| Paul Smithers(3) | | | | | 59,146 | | | | | | * | | |
| Gary Kreitzer(4) | | | | | 39,380 | | | | | | * | | |
| Catherine Hastings(5) | | | | | 10,599 | | | | | | * | | |
| Brian Wolfe(6) | | | | | 9,813 | | | | | | * | | |
| David Smith(7) | | | | | — | | | | | | * | | |
| David Stecher(8) | | | | | 7,852 | | | | | | * | | |
| Mary Curran(9) | | | | | 2,429 | | | | | | * | | |
| Scott Shoemaker(9) | | | | | 1,700 | | | | | | * | | |
| All directors and officers as a group (nine persons) | | | | | 400,727 | | | | | | 1.4% | | |
| BlackRock, Inc.(10) | | | | | 4,929,725 | | | | | | 17.6% | | |
| Vanguard Group, Inc.(11) | | | | | 4,480,896 | | | | | | 16.0% | | |
| Zimmer Partners, LP(12) | | | | | 2,444,683 | | | | | | 8.7% | | |
| State Street Corporation(13) | | | | | 1,566,053 | | | | | | 5.6% | | |