| |
THE BOARD RECOMMENDS THAT YOU VOTE “FOR” EACH OF THE
DIRECTOR NOMINEES. |
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| | |
Year Ended December 31,
|
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2018
|
| |
2017
|
| ||||||
Audit Fees(1)
|
| | | $ | 200,000 | | | | | $ | 159,500 | | |
Audit-Related Fees(2)
|
| | | | 146,527 | | | | | | — | | |
Tax Fees(3)
|
| | | | 37,500 | | | | | | 17,500 | | |
All Other Fees
|
| | | | — | | | | | | — | | |
Total Fees
|
| | | $ | 384,027 | | | | | $ | 177,000 | | |
| |
THE BOARD RECOMMENDS A VOTE “FOR” THE RATIFICATION OF
THE APPOINTMENT OF ROSENFIELD AND COMPANY, PLLC AS THE COMPANY’S INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM |
| |
Name
|
| |
Age
|
| |
Position
|
| |
Audit
Committee |
| |
Compensation
Committee |
| |
Nominating
Committee |
|
William J. Rouhana, Jr.* | | |
67
|
| | Chairman of the Board and Chief Executive Officer |
| | | | ||||||
Scott W. Seaton* | | |
60
|
| | Vice Chairman and Chief Strategy Officer |
| | | | ||||||
Christopher Mitchell* | | |
49
|
| | Chief Financial Officer | | | | | ||||||
Elana B. Sofko | | |
52
|
| | Chief Operating Officer | | | | | ||||||
Amy L. Newmark* | | |
62
|
| | Director | | | | | ||||||
Fred M. Cohen | | |
73
|
| | Director | | |
✓
|
| |
✓
|
| |
✓
|
|
Cosmo DeNicola | | |
64
|
| | Director | | |
✓
|
| | | ||||
Martin Pompadur | | |
84
|
| | Director | | | | | | | |
✓
|
| |
Christina Weiss Lurie | | |
59
|
| | Director | | | | | |
✓
|
| |
✓
|
|
Diana Wilkin | | |
61
|
| | Director | | |
✓
|
| |
✓
|
| | |
| | | |
Qualifications
|
| |
Experience
|
| ||||||||||||||||||||||||||||||||||||
| | | |
Executive
Leadership |
| |
Public
Company Director |
| |
Audit
Committee Financial Expert(1) |
| |
Finance
|
| |
Law
|
| |
M&A
|
| |
Media &
Entertainment Industry Experience |
| |||||||||||||||||||||
|
William J. Rouhana, Jr.
|
| | | | ✓ | | | | | | | | | | | | | | | | | | ✓ | | | | | | ✓ | | | | | | ✓ | | | | | | ✓ | | |
|
Scott W. Seaton
|
| | | | ✓ | | | | | | ✓ | | | | | | | | | | | | ✓ | | | | | | | | | | | | ✓ | | | | | | ✓ | | |
|
Amy L. Newmark
|
| | | | ✓ | | | | | | ✓ | | | | | | | | | | | | ✓ | | | | | | | | | | | | ✓ | | | | | | ✓ | | |
|
Fred M. Cohen
|
| | | | ✓ | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | ✓ | | |
|
Cosmo DeNicola
|
| | | | ✓ | | | | | | | | | | | | ✓ | | | | | | ✓ | | | | | | | | | | | | ✓ | | | | | | ✓ | | |
|
Martin Pompadur
|
| | | | ✓ | | | | | | ✓ | | | | | | | | | | | | | | | | | | ✓ | | | | | | ✓ | | | | | | ✓ | | |
|
Christina Weiss Lurie
|
| | | | ✓ | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | ✓ | | |
|
Diana Wilkin
|
| | | | ✓ | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | ✓ | | |
Name
|
| |
Fees Earned or
Paid in Cash ($)(1) |
| |
Stock Awards ($)(2)
|
| |
Total ($)
|
| |||||||||
Amy L. Newmark
|
| | | | — | | | | | | — | | | | | | — | | |
Peter J. Dekom(3)
|
| | | | 25,000 | | | | | | 24,154 | | | | | | 49,154 | | |
Fred M. Cohen
|
| | | | 25,000 | | | | | | 24,154 | | | | | | 49,154 | | |
Christina Weiss Lurie
|
| | | | 25,000 | | | | | | 24,154 | | | | | | 49,154 | | |
Diana Wilkin
|
| | | | 25,000 | | | | | | 24,154 | | | | | | 49,154 | | |
| | |
Option Awards
|
| |||||||||||||||||||||
Name
|
| |
Number of
Securities Underlying Unexercised Options (#) Exercisable |
| |
Number of
Securities Underlying Unexercised Options (#) Unexercisable |
| |
Option
Exercise Price ($) |
| |
Option
Expiration Date |
| ||||||||||||
Amy L. Newmark
|
| | | | 100,000 | | | | | | 0 | | | | | | 6.50 | | | | | | 12/31/2022 | | |
Peter J. Dekom(1)
|
| | | | — | | | | | | — | | | | | | — | | | | | | — | | |
Fred M. Cohen
|
| | | | — | | | | | | — | | | | | | — | | | | | | — | | |
Christina Weiss Lurie
|
| | | | — | | | | | | — | | | | | | — | | | | | | — | | |
Diana Wilkin
|
| | | | |
Name and Position
|
| |
Year
|
| |
Salary ($)(1)
|
| |
Bonus ($)(2)
|
| |
Stock
Awards ($)(2) |
| |
All Other ($)(2)
|
| |
Total ($)
|
| ||||||||||||||||||
William J. Rouhana, Jr.
Chief Executive Officer |
| | | | 2018 | | | | | | 126,000 | | | | | | — | | | | | | — | | | | | | 9,326 | | | | | | 135,326 | | |
| | | 2017 | | | | | | 126,000 | | | | | | — | | | | | | — | | | | | | 8,376 | | | | | | 134,376 | | | ||
Scott W. Seaton
Vice Chairman |
| | | | 2018 | | | | | | 125,000 | | | | | | — | | | | | | 51,000 | | | | | | 20,628 | | | | | | 196,628 | | |
| | | 2017 | | | | | | 125,000 | | | | | | — | | | | | | 135,500 | | | | | | 18,506 | | | | | | 279,006 | | | ||
Daniel M. Pess
Chief Financial Officer |
| | | | 2018 | | | | | | 147,000 | | | | | | 135,000 | | | | | | 51,000 | | | | | | 17,135 | | | | | | 350,135 | | |
| | | 2017 | | | | | | 147,000 | | | | | | — | | | | | | 135,500 | | | | | | 15,386 | | | | | | 297,886 | | | ||
Elana B. Sofko
Chief Operating Officer |
| | | | 2018 | | | | | | 280,000 | | | | | | — | | | | | | 500 | | | | | | 18,879 | | | | | | 299,379 | | |
| | | 2017 | | | | | | 142,038 | | | | | | 50,000 | | | | | | 62,250 | | | | | | 10,156 | | | | | | 244,444 | | |
| | |
Potential Termination Payments
|
| |||||||||||||||
Name
|
| |
By the Executive ($)
|
| |
By Company for Cause ($)
|
| |
By Company without Cause ($)
|
| |||||||||
Elana B. Sofko
|
| | | | — | | | | | | — | | | | | $ | 140,000 | | |
| | |
Option Awards
|
| |||||||||||||||||||||
Name
|
| |
Number of Securities
Underlying Unexercised Options (#) Exercisable |
| |
Number of Securities
Underlying Unexercised Options (#) Unexercisable |
| |
Option
Exercise Price ($) |
| |
Option
Expiration Date |
| ||||||||||||
William J. Rouhana, Jr.
Chief Executive Officer |
| | | | — | | | | | | — | | | | | | — | | | | | | — | | |
Scott W. Seaton
Vice Chairman |
| | | | 100,000 | | | | | | 100,000 | | | | | | 6.50 | | | | | | 12/31/2022 | | |
Daniel M. Pess*
Chief Financial Officer |
| | | | 100,000 | | | | | | 100,000 | | | | | | 6.50 | | | | | | 12/31/2022 | | |
Elana B. Sofko
Chief Operating Officer |
| | | | 43,750 | | | | | | 31,250 | | | | | | 7.50 | | | | | | 12/31/2022 | | |
| | |
Shares Beneficially Owned
|
| |||||||||||||||||||||||||||
Name and Address of Beneficial Owner(1)
|
| |
Class A
|
| |
%
|
| |
Class B
|
| |
%
|
| |
Percent of
Total Voting Power(2) |
| |||||||||||||||
Current Directors and Officers: | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
William J. Rouhana, Jr.(3)
|
| | | | 157,500(4) | | | | | | 3.57 | | | | | | 7,813,938(5) | | | | | | 99.96 | | | | | | 95.02 | | |
Scott W. Seaton
|
| | | | 119,660(6) | | | | | | 2.73 | | | | | | — | | | | | | 0 | | | | | | * | | |
Christopher Mitchell
|
| | | | 20,916(7) | | | | | | * | | | | | | — | | | | | | 0 | | | | | | * | | |
Elana B. Sofko
|
| | | | 58,333(8) | | | | | | * | | | | | | — | | | | | | 0 | | | | | | * | | |
Amy L. Newmark(3)
|
| | | | 161,464(9) | | | | | | 3.03 | | | | | | — | | | | | | 0 | | | | | | * | | |
Fred M. Cohen
|
| | | | 11,509 | | | | | | * | | | | | | — | | | | | | 0 | | | | | | * | | |
Cosmo DeNicola
|
| | | | 251,790(10) | | | | | | 5.84 | | | | | | — | | | | | | 0 | | | | | | * | | |
Martin Pompadur
|
| | | | — | | | | | | 0 | | | | | | — | | | | | | 0 | | | | | | * | | |
Christina Weiss Lurie
|
| | | | 13,592 | | | | | | * | | | | | | — | | | | | | 0 | | | | | | * | | |
Diana Wilkin
|
| | | | 18,592 | | | | | | * | | | | | | — | | | | | | 0 | | | | | | * | | |
All current directors and executive officers as a
group (ten persons) |
| | | | 800,575(11) | | | | | | 18.39 | | | | | | 7,813,938 | | | | | | 99.96 | | | | | | 95.80 | | |
Five Percent Holders: | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
Chicken Soup for the Soul Productions, LLC
|
| | | | — | | | | | | 0 | | | | | | 7,654,506 | | | | | | 97.96 | | | | | | 92.90 | | |
Trema, LLC
|
| | | | 157,500(4) | | | | | | 3.79 | | | | | | 159,432 | | | | | | 2.04 | | | | | | 2.13 | | |
Royce & Associates, LP(12)
|
| | | | 214,500 | | | | | | 5.04 | | | | | | — | | | | | | 0 | | | | | | * | | |
Greenhaven Road Investment Management,
L.P.(13) |
| | | | 743,351 | | | | | | 17.48 | | | | | | — | | | | | | 0 | | | | | | * | | |
Sony Corporation(14)
|
| | | | 2,380,000 | | | | | | 35.84 | | | | | | — | | | | | | 0 | | | | | | 2.89 | | |