ARTHUR STAINMAN - Corporate Board Profile

ARK RESTAURANTS CORP

Filing Date	Source Excerpt
2005-02-15	Arthur Stainman was elected director of the Company in 2004. The Company paid a fee of $15,000 to each director who was not an officer of the Company in fiscal 2004. Mr. Stainman serves on the Compensation and Audit Committees.
2006-01-27	Messrs. Lewin (Chairperson) and Stainman and Ms. Allen currently serve as members of the Audit Committee of the Board of Directors.
2007-01-24	Messrs. Lewin (Chairperson) and Stainman and Ms. Allen currently serve as members of the Audit Committee of the Board of Directors. ... In fiscal 2006 the Company paid a fee of $22,500 to each director who was not an officer of the Company.
2008-01-25	Ms. Allen (Chairperson) and Messrs. Shulman and Stainman currently serve as members of the Compensation Committee of the Board. The Compensation Committee: (i) oversees and sets the compensation and benefits arrangements of our Chief Executive Officer and certain other executives; (ii) provides a general review of, and makes recommendations to, the Board of Directors or to our shareholders with respect to our equity-based compensation plans; and (iii) implements, administers, operates and interprets all equity-based and similar compensation plans to the extent provided under the terms of such plans.. The Board of Directors adopted a written charter under which the Compensation Committee operates. The Compensation Committee held three meetings in 2007. Messrs. Lewin (Chairperson) and Stainman and Ms. Allen currently serve as members of the Audit Committee of the Board of Directors. The Audit Committee is responsible for, among other things, and engaging the independent auditors, receiving and reviewing the recommendations of the independent auditors, reviewing consolidated financial statements of the Company, meeting periodically with the independent auditors and Company personnel with respect to the adequacy of internal accounting controls, resolving potential conflicts of interest and reviewing Companys accounting policies. The Board of Directors has determined that all of the members of the Audit Committee meet the independence criteria for audit committees and have the qualifications set forth in the listing standards of NASDAQ and Rule 10A-3 under the Securities Exchange Act of 1934, as amended (the Exchange Act). The Board of Directors has also designated Ms. Allen as an audit committee financial expert within the meaning of Item 401(h) of Regulation S-K under the Exchange Act and the Board of Directors has determined that she has the financial sophistication required under the listing standards of NASDAQ. The Board of Directors adopted a written charter under which the Audit Committee operates. The Board of Directors reviews and assesses the adequacy of the charter of the Audit Committee on an annual basis. The Audit Committee held five meetings during 2007. The Board has three standing committees: the Compensation Committee, the Audit Committee and the Nominating and Corporate Governance Committee. The Board has appointed only independent directors to such committees. The members of each committee are appointed by the Board and serve one year terms. Committees regularly report on their activities and actions to the full Board of Directors. Each committee has a written charter adopted by the Board of Directors under which it operates. The Board of Directors reviews and assesses the adequacy of the charter of the Audit Committee on an annual basis. The Audit Committee held five meetings during 2007. The Board has three standing committees: the Compensation Committee, the Audit Committee and the Nominating and Corporate Governance Committee. The Board has appointed only independent directors to such committees. The members of each committee are appointed by the Board and serve one year terms. Committees regularly report on their activities and actions to the full Board of Directors. Each committee has a written charter adopted by the Board of Directors under which it operates. The Board has three standing committees: the Compensation Committee, the Audit Committee and the Nominating and Corporate Governance Committee. The Board has appointed only independent directors to such committees. The members of each committee are appointed by the Board and serve one year terms. Committees regularly report on their activities and actions to the full Board of Directors. Each committee has a written charter adopted by the Board of Directors under which it operates. The Board has three standing committees: the Compensation Committee, the Audit Committee and the Nominating and Corporate Governance Committee. The Board has appointed only independent directors to such committees. The members of each committee are appointed by the Board and serve one year terms. Committees regularly report on their activities and actions to the full Board of Directors. Each committee has a written charter adopted by the Board of Directors under which it operates. The Board has three standing committees: the Compensation Committee, the Audit Committee and the Nominating and Corporate Governance Committee. The Board has appointed only independent directors to such committees. The members of each committee are appointed by the Board and serve one year terms. Committees regularly report on their activities and actions to the full Board of Directors. Each committee has a written charter adopted by the Board of Directors under which it operates. The Board has three standing committees: the Compensation Committee, the Audit Committee and the Nominating and Corporate Governance Committee. The Board has appointed only independent directors to such committees. The members of each committee are appointed by the Board and serve one year terms. Committees regularly report on their activities and actions to the full Board of Directors. Each committee has a written charter adopted by the Board of Directors under which it operates. The Board has three standing committees: the Compensation Committee, the Audit Committee and the Nominating and Corporate Governance Committee. The Board has appointed only independent directors to such committees. The members of each committee are appointed by the Board and serve one year terms. Committees regularly report on their activities and actions to the full Board of Directors. Each committee has a written charter adopted by the Board of Directors under which it operates. The Board has three standing committees: the Compensation Committee, the Audit Committee and the Nominating and Corporate Governance Committee. The Board has appointed only independent directors to such committees. The members of each committee are appointed by the Board and serve one year terms. Committees regularly report on their activities and actions to the full Board of Directors. Each committee has a written charter adopted by the Board of Directors under which it operates. The Board has three standing committees: the Compensation Committee, the Audit Committee and the Nominating and Corporate Governance Committee. The Board has appointed only independent directors to such committees. The members of each committee are appointed by the Board and serve one year terms. Committees regularly report on their activities and actions to the full Board of Directors. Each committee has a written charter adopted by the Board of Directors under which it operates. The Board has three standing committees: the Compensation Committee, the Audit Committee and the Nominating and Corporate Governance Committee. The Board has appointed only independent directors to such committees. The members of each committee are appointed by the Board and serve one year terms. Committees regularly report on their activities and actions to the full Board of Directors. Each committee has a written charter adopted by the Board of Directors under which it operates.
2009-01-28	Ms. Allen (Chairperson) and Messrs. Shulman and Stainman currently serve as members of the Compensation Committee of the Board. ... Messrs. Lewin (Chairperson) and Stainman and Ms. Allen currently serve as members of the Audit Committee of the Board of Directors. ... Messrs. Novick (Chairperson), Stainman and Lewin currently serve as members of the Nominating and Corporate Governance Committee of the Board. ... Arthur Stainman 30,974
2010-02-01	Messrs. Lewin (Chairperson) and Stainman and Ms. Allen currently serve as members of the Audit Committee of the Board of Directors. The Audit Committee is responsible for, among other things, engaging the independent auditors, receiving and reviewing the recommendations of the independent auditors, reviewing consolidated financial statements of the Company, meeting periodically with the independent auditors and Company personnel with respect to the adequacy of internal accounting controls, resolving potential conflicts of interest and reviewing Companys accounting policies. The Board has determined that each of the following directors is an independent director as such term is defined in NASDAQ Marketplace Rule 4200(a)(15): Bruce R. Lewin, Marcia Allen, Steven Shulman, Arthur Stainman and Stephen Novick. The Company uses cash compensation and equity-based incentive compensation to attract and retain qualified candidates to serve as directors. In fiscal 2009 the Company paid a fee of $23,625 to each director who was not an officer of the Company. Directors who are also full-time employees of the Company did not receive any director fees. In addition, the independent director who serves as chairman of the Audit Committee of the Board receives an annual retainer fee of $15,000. The independent directors who serve on the Audit, Compensation and Nominating and Corporate Governance Committees, respectively, including the chairman of the Audit Committee, receive $1,050 for each meeting that they attended. Each member of the Board receives an additional $1,050 for each Board meeting that they attended in excess of one per quarter, plus an additional $500 if such additional Board meeting attended exceeds four hours. The Company reimburses directors for out-of-pocket expenses incurred in connection with attending Board of Director and committee meetings. The following table summarizes the compensation earned by or paid to the Companys non-employee directors from the Company for the year ended October 3, 2009. Arthur Stainman: Fees Earned or Paid in Cash: $44,886, Option Awards ($): $12,355, Total: $57,241.
2011-01-31	Ms. Allen (Chairperson) and Messrs. Shulman and Stainman currently serve as members of the Compensation Committee of the Board. ... Messrs. Lewin (Chairperson) and Stainman and Ms. Allen currently serve as members of the Audit Committee of the Board of Directors. ... Messrs. Novick (Chairperson), Stainman and Lewin currently serve as members of the Nominating and Corporate Governance Committee of the Board.
2012-01-30	Arthur Stainman, 69, Senior Managing Director, First Manhattan Co., director since 2004. Serves on Compensation Committee, Audit Committee, and Nominating and Corporate Governance Committee. Director compensation in 2011: $29,924.
2013-01-29	Arthur Stainman 70 Senior Managing Director, First Manhattan Co. 2004
2014-01-27	Mr. Stainman serves on the Compensation Committee, Audit Committee, and Nominating and Corporate Governance Committee. Director compensation table shows Arthur Stainman earned $36,800 in fees.
2015-01-26	Arthur Stainman 72 Senior Managing Director, First Manhattan Co. 2004
2016-02-01	Mr. Stainman serves on the Compensation Committee, Audit Committee and Nominating and Corporate Governance Committee. Director compensation table shows Arthur Stainman earned $34,000 in fees in 2015.
2017-01-27	Mr. Stainman serves on the Compensation Committee, Audit Committee and Nominating and Corporate Governance Committee. Director compensation table shows Arthur Stainman earned $34,000 in fees.
2018-01-29	Arthur Stainman (1) $34,000 Each director has 5,000 currently exercisable options at an exercise price of $22.50 per share. Arthur Stainman 75 Senior Managing Director, First Manhattan Co. 2004
2019-02-07	Arthur Stainman, 76, Director since 2004. Serves on Compensation Committee (Chairperson), Audit Committee, and Nominating and Corporate Governance Committee. Compensation paid in 2018 was $34,000.
2020-02-03	Arthur Stainman was elected a director of the Company in 2004. ... Mr. Stainman currently serves as members of the Compensation Committee, Audit Committee and Nominating and Corporate Governance Committee of the Board. ... In fiscal 2019, the Company paid a fee of $32,500 to each director who was not an officer of the Company. ... Arthur Stainman $40,000 total compensation.
2021-01-29	Arthur Stainman was elected a director of the Company in 2004. As of January 1, 2021, Mr. Stainman is a limited partner of First Manhattan Co. of New York City, a money management firm.
2022-01-28	Arthur Stainman was elected a director of the Company in 2004. As of January 1, 2021, Mr. Stainman is a limited partner of First Manhattan Co. of New York City, a money management firm.