CARY LUSKIN - Corporate Board Profile

UNIVERSAL SECURITY INSTRUMENTS INC

Filing Date	Source Excerpt
2003-07-24	Effective June 28, 2002, the Board of Directors created an Audit Committee consisting of Mr. Luskin and Dr. Silverman ... the Company paid to each of Mr. Luskin, Dr. Silverman, and Dr. Seff a $10,000 fee for annual service as a director.
2004-07-29	During the Company's fiscal year ended March 31, 2004, the Company paid to each of Mr. Luskin, Dr. Silverman, and Dr. Seff a $10,000 fee for annual service as a director, payable in cash or Shares (computed at the closing price as reported by the Amex on the date of the payment). The members of the Audit Committee are Mr. Luskin (Chairman), Dr. Seff and Dr. Silverman. The Compensation Committee membership consists of Mr. Luskin (Chairman), Dr. Seff and Dr. Silverman.
2005-07-29	The members of the Audit Committee are Mr. Luskin (Chairman), Dr. Seff and Dr. Silverman, none of whom is an employee of the Company and each of whom is independent under existing Amex and Securities and Exchange Commission (SEC) requirements. During the Company's fiscal year ended March 31, 2005, the Company paid to each of Mr. Luskin, Dr. Silverman, and Dr. Seff a $10,000 fee for annual service as a director, payable in cash or Shares (computed at the closing price as reported by the Amex on the date of the payment).
2006-07-26	The members of the Audit Committee are Mr. Luskin (Chairman), Dr. Seff and Dr. Silverman, none of whom is an employee of the Company and each of whom is independent under existing Amex and Securities and Exchange Commission (SEC) requirements. During the Company's fiscal year ended March 31, 2006, the Company paid to each of Mr. Luskin, Dr. Silverman, and Dr. Seff a $10,000 fee for annual service as a director.
2007-07-30	Cary Luskin has been in the retail electronic business since 1978. The members of the Audit Committee are Mr. Luskin (Chairman), Dr. Seff and Dr. Silverman. The Board’s Compensation Committee consists of Mr. Luskin (Chairman), Dr. Seff and Dr. Silverman. During the Company’s fiscal year ended March 31, 2007, the Company paid to Mr. Luskin a $10,000 fee for annual service as a director.
2008-07-29	The members of the Audit Committee during the fiscal year ended March 31, 2008 were Mr. Luskin (Chairman), Dr. Seff and Dr. Silverman. The Board’s Compensation Committee consists of Mr. Luskin (Chairman), Dr. Seff and Mr. Bormel, none of whom is an employee of the Company and each of whom is independent under existing Amex and SEC requirements. During the Company’s fiscal year ended March 31, 2008, the Company paid to Mr. Luskin a $10,000 fee for annual service as a director.
2009-07-21	The members of the Audit Committee during the fiscal year ended March 31, 2009 were Mr. Bormel (Chairman), Dr. Seff and Mr. Luskin. None of the Audit Committee members is an employee of the Company and each is independent under existing NYSE Amex and SEC requirements. The Board has examined the SEC’s definition of “audit committee financial expert” and determined that Mr. Bormel satisfies this definition. Accordingly, Mr. Bormel has been designated by the Board as the Company’s audit committee financial expert. During the fiscal year ended March 31, 2009, the Audit Committee met four times. The Board has adopted a written charter for the Audit Committee, which is attached to this Proxy Statement as Appendix A. The Board’s Compensation Committee consists of Mr. Luskin (Chairman), Dr. Seff and Mr. Bormel, none of whom is an employee of the Company and each of whom is independent under existing NYSE Amex and SEC requirements. The Compensation Committee is charged with reviewing and determining the compensation of the Chief Executive Officer and the other executive officers of the Company. The Board has not adopted a charter with respect to the Compensation Committee. The Compensation Committee met one time during the fiscal year ended March 31, 2009. For the Company’s fiscal year ended March 31, 2009, each outside director was entitled to a $10,000 annual fee for annual service as a director. The following table summarizes the compensation paid to directors for the fiscal year ended March 31, 2009: Cary Luskin $10,000 total.
2010-07-28	The Board has nominated Mr. Cary Luskin and Mr. Ira F. Bormel for election as directors at the 2010 Annual Meeting to serve for a term of three years and until their successors are elected and qualify. ... The members of the Audit Committee during the fiscal year ended March 31, 2010 were Mr. Bormel (Chairman), Dr. Seff and Mr. Luskin. ... The Compensation Committee consists of Mr. Luskin (Chairman), Dr. Seff and Mr. Bormel. ... For the Company’s fiscal year ended March 31, 2010, each outside director was entitled to a $10,000 annual fee for annual service as a director. ... The following table summarizes the compensation paid to directors for the fiscal year ended March 31, 2010: Cary Luskin $10,000 total.
2011-07-26	The Board has the following committees... The members of the Audit Committee during the fiscal year ended March 31, 2011 were Mr. Bormel (Chairman), Dr. Seff and Mr. Luskin... The Compensation Committee consists of Mr. Luskin (Chairman), Dr. Seff and Mr. Bormel... For the Company’s fiscal year ended March 31, 2011, each outside director was entitled to a $10,000 annual fee... Cary Luskin $10,000 total compensation.
2012-07-24	The members of the Audit Committee during the fiscal year ended March 31, 2012 were Mr. Bormel (Chairman), Dr. Seff and Mr. Luskin. ... The Board’s Compensation Committee consists of Mr. Luskin (Chairman), Dr. Seff and Mr. Bormel, none of whom is an employee of the Company and each of whom is independent under existing NYSE Amex and SEC requirements. ... During the Company’s fiscal year ended March 31, 2012, Mr. Grossblatt, the Company’s president and chief executive officer, received no additional compensation for serving as a director. For the Company’s fiscal year ended March 31, 2012, each outside director was entitled to a $10,000 annual fee for annual service as a director. Directors’ compensation is payable in cash or Shares (computed at the closing price as reported by the NYSE Amex on the date of the payment). The following table summarizes the compensation paid to directors for the fiscal year ended March 31, 2012: ... Cary Luskin, $18,786 total compensation.
2013-07-24	The members of the Audit Committee during the fiscal year ended March 31, 2013 were Mr. Bormel (Chairman), Dr. Seff and Mr. Luskin. ... The Board's Compensation Committee consists of Mr. Luskin (Chairman), Dr. Seff and Mr. Bormel. ... For the Company’s fiscal year ended March 31, 2013, each outside director was entitled to a $10,000 annual fee for annual service as a director. ... Cary Luskin $10,000 total compensation.
2014-07-29	The members of the Audit Committee during the fiscal year ended March 31, 2014 were Mr. Bormel (Chairman), Dr. Seff and Mr. Luskin. The Board’s Compensation Committee consists of Mr. Luskin (Chairman), Dr. Seff and Mr. Bormel. The following table summarizes the compensation paid to directors for the fiscal year ended March 31, 2014: Cary Luskin received $10,000.
2015-07-28	The following table summarizes the compensation paid to directors for the fiscal year ended March 31, 2015: Cary Luskin $10,000 total. The Audit Committee members during the fiscal year ended March 31, 2015 were Mr. Bormel (Chairman), Dr. Seff and Mr. Luskin. The Compensation Committee consists of Mr. Luskin (Chairman), Dr. Seff and Mr. Bormel.
2016-07-25	The members of the Audit Committee during the fiscal year ended March 31, 2016 were Mr. Bormel (Chairman), Dr. Seff and Mr. Luskin. None of the Audit Committee members is an employee of the Company and each is independent under existing NYSE MKT and SEC requirements. The Board’s Compensation Committee consists of Mr. Luskin (Chairman), Dr. Seff and Mr. Bormel, none of whom is an employee of the Company and each of whom is independent under existing NYSE MKT and SEC requirements. During the Company’s fiscal year ended March 31, 2016, each outside director was entitled to a $10,000 annual fee for annual service as a director. The following table summarizes the compensation paid to directors for the fiscal year ended March 31, 2016: Cary Luskin $10,000 total.
2017-07-26	The members of the Audit Committee during the fiscal year ended March 31, 2017 were Mr. Bormel (Chairman), Dr. Seff and Mr. Luskin. The Board’s Compensation Committee consists of Mr. Luskin (Chairman), Dr. Seff and Mr. Bormel. The following table summarizes the compensation paid to directors for the fiscal year ended March 31, 2017: Cary Luskin $10,000 total compensation.
2018-07-25	The following table summarizes the compensation paid to directors for the fiscal year ended March 31, 2018: Cary Luskin $10,000 total. Cary Luskin has been in the retail electronic business since 1978. Since 1998, Mr. Luskin has been President of The Big Screen Store, Inc., a chain of large-screen television retail stores. Mr. Luskin is well qualified to serve as a member of the Board due to his extensive experience in the retail electronics business and senior executive of a public company.
2019-07-23	The members of the Audit Committee during the fiscal year ended March 31, 2019 were Mr. Bormel (Chairman), Dr. Seff and Mr. Luskin. ... The Board's Compensation Committee consists of Mr. Luskin (Chairman), Dr. Seff and Mr. Bormel... During the Company’s fiscal year ended March 31, 2019, each outside director was entitled to a $10,000 annual fee for annual service as a director. ... The following table summarizes the compensation paid to directors for the fiscal year ended March 31, 2019: Cary Luskin $10,000 total.
2020-07-24	The members of the Audit Committee during the fiscal year ended March 31, 2020 were Mr. Bormel (Chairman), Dr. Seff and Mr. Luskin. The Board’s Compensation Committee consists of Mr. Luskin (Chairman), Dr. Seff and Mr. Bormel. During the Company’s fiscal year ended March 31, 2020, each outside director was entitled to a $10,000 annual fee for annual service as a director. The following table summarizes the compensation paid to directors for the fiscal year ended March 31, 2020: Cary Luskin, Total compensation $10,000.
2021-07-22	The following table summarizes the compensation paid to directors for the fiscal year ended March 31, 2021: Name: Cary Luskin Fees Earned or Paid in Cash: $10,000 Option Awards: $0 Total: $10,000 Mr. Luskin is well qualified to serve as a member of the Board due to his extensive experience in the retail electronics business and senior executive of a public company. The members of the Audit Committee during the fiscal year ended March 31, 2021 were Mr. Bormel (Chairman), Dr. Seff and Mr. Luskin. The Board’s Compensation Committee consists of Mr. Luskin (Chairman), Dr. Seff and Mr. Bormel.
2023-07-20	The members of the Audit Committee during the fiscal year ended March 31, 2023 were Mr. Bormel (Chairman), Dr. Seff and Mr. Luskin. The Compensation Committee consists of Mr. Luskin (Chairman), Dr. Seff and Mr. Bormel. For the Company’s fiscal year ended March 31, 2023, each outside director was entitled to a $10,000 annual fee for annual service as a director. The following table summarizes the compensation paid to directors for the fiscal year ended March 31, 2023: Cary Luskin $10,000 total.
2024-07-29	Cary Luskin has been in the retail electronics business since 1978. Since 1998, Mr. Luskin has been President of The Big Screen Store, Inc., a chain of large-screen television retail stores.