Delaware | 001-34249 | 95-0725980 | ||
(State or Other Jurisdiction of Incorporation) | (Commission File Number) | (I.R.S. Employer Identification No.) | ||
20333 South Normandie Avenue, Torrance, California | 90502 | |||
(Address of Principal Executive Offices) | (Zip Code) | |||
(310) 787-5200 | ||||
(Registrant’s telephone number, including area code) | ||||
Not Applicable | ||||
(Former Name or Former Address, if Changed Since Last Report) |
Name | Fiscal 2012 Target Award(1) | Fiscal 2012 Target Award as Percentage of Fiscal 2012 Base Salary | Pro Rata Fiscal 2012 Target Award(2) | Corporate Performance Goals (Weight) | Individual Performance Goals (Weight) | Fiscal 2012 Actual Bonus Award | ||||||||||||
Michael H. Keown | $ | 475,000 | 100% | $ | 129,781 | 80% | 20% | $ | 132,247 | |||||||||
Jeffrey A. Wahba | $ | 192,500 | 55% | — | 80% | 20% | $ | 187,880 | ||||||||||
Mark A. Harding | $ | 129,952 | 50% | — | 80% | 20% | $ | 126,621 | ||||||||||
Thomas W. Mortensen | $ | 103,228 | 50% | $ | 74,437 | 80% | 20% | $ | 73,424 | |||||||||
Hortensia R. Gómez | $ | 55,350 | 30% | — | 80% | 20% | $ | 55,725 |
(1) | Fiscal 2012 target award for Mark A. Harding and Thomas W. Mortensen based on average monthly base salary for fiscal 2012. |
(2) | Mr. Keown’s target award under the Incentive Plan is equal to one hundred percent (100%) of his base annual salary, prorated at 27.3% for fiscal 2012 based on the commencement date of his employment. Mr. Mortensen’s fiscal 2012 target award under the Incentive Plan is equal to fifty percent (50%) of his base annual salary, prorated at 12.5% for fiscal 2012 based on the date of his promotion to Senior Vice President of Route Sales. Mr. Mortensen’s pro rata fiscal 2012 target award also includes a prorated target award under a non-executive officer bonus plan in which he participated prior to his promotion. |
Exhibit No. | Description | |
10.1 | Form of Award Letter (Fiscal 2012) under Farmer Bros. Co. 2005 Incentive Compensation Plan* |
FARMER BROS. CO. | |||
By: | /s/ Jeffrey A. Wahba | ||
Jeffrey A. Wahba | |||
Treasurer and Chief Financial Officer | |||
Exhibit No. | Description | |
10.1 | Form of Award Letter (Fiscal 2012) under Farmer Bros. Co. 2005 Incentive Compensation Plan* |