SALVATORE BATTINELLI - Corporate Board Profile

NextTrip, Inc.

Filing Date	Source Excerpt
2017-08-22	Salvatore Battinelli(1)(2)(3) Member of our Audit Committee Member of our Compensation Committee Member of our Nominating and Corporate Governance Committee Age 74 Board of Directors table and description
2018-01-19	Salvatore Battinelli is listed as a Named Executive Officer and Director
2018-09-07	Salvatore Battinelli is a Director since 2017. He is independent. He serves on Audit, Compensation, and Nominating and Corporate Governance Committees. Compensation includes $6,250 cash and $17,000 stock awards in 2017.
2019-06-18	Salvatore Battinelli Age: 77 Role: Director Committees: Audit Committee, Compensation Committee, Nominating and Corporate Governance Committee Compensation: $91,066 Excerpt: "The following table sets forth certain information concerning the compensation paid to non-employee directors in 2018 for their services as directors of the Company... Salvatore Battinelli: Total $91,066"
2020-03-02	Named Executive Officers and Directors Salvatore Battinelli Number of Shares Beneficially Owned 13,906 *
2020-05-18	Salvatore Battinelli(1)(2)(3) II 78 Director 2017 2022 - (1) Member of our Audit Committee (2) Member of our Compensation Committee (3) Member of our Nominating and Corporate Governance Committee The members of our Audit Committee are Messrs. Duitch, Battinelli and Summers, and Mr. Duitch serves as the chairperson of the committee. The members of our Compensation Committee are Messrs. Duitch, Battinelli and Summers, and Mr. Battinelli serves as the chairperson of the committee. The members of our Nominating and Corporate Governance Committee are Messrs. Duitch, Battinelli and Summers, and Mr. Duitch serves as the interim chairperson of the committee. The following table sets forth certain information concerning the compensation paid to non-employee directors in 2019 for their services as directors of the Company. Salvatore Battinelli 27,000 75,000 — 102,000 The fees shown were paid to Mr. Battinelli for services as a director. In January 2019, the Company issued 5,000 shares of the Company’s common stock to Mr. Battinelli, pursuant to the Company’s 2013 Equity Incentive Plan, in connection with his service as a director, with such shares to vest in four equal, successive quarterly installments. Such shares were valued at $75,000 or $15.00 per share.
2021-04-19	Named Executive Officers and Directors Salvatore Battinelli 53,833 *
2021-06-15	Salvatore Battinelli Age 79 Director Committees: Audit Committee, Compensation Committee, Nominating and Corporate Governance Committee Compensation: $79,591 Excerpt: "The members of our Audit Committee are Messrs. Duitch, Battinelli and Summers... The members of our Compensation Committee are Messrs. Duitch, Battinelli and Summers... The members of our Nominating and Corporate Governance Committee are Messrs. Duitch, Battinelli and Summers... The following table sets forth certain information concerning the compensation paid to non-employee directors in 2020... Salvatore Battinelli... Total ($) 79,591"
2022-07-06	Salvatore Battinelli(1)(2)(3) II 80 Director 2017 2022 2025 (1) Member of our Audit Committee (2) Member of our Compensation Committee (3) Member of our Nominating and Corporate Governance Committee The following table sets forth certain information concerning the compensation paid to non-employee directors in 2021 for their services as directors of the Company. Name Fees Earned or Paid in Cash ($) Option Awards ($) Total ($) Salvatore Battinelli 10,000 134,647 144,647
2023-12-01	Salvatore Battinelli 81 Director The members of our Audit Committee are Messrs. Duitch, Battinelli and Summers, and Mr. Duitch serves as the chairperson of the committee. Our Board of Directors has determined that each of Messrs. Duitch, Battinelli and Summers is an independent director under the applicable Nasdaq rules and under SEC Rule 10A-3. All members of our Audit Committee meet the requirements for financial literacy under the applicable rules and regulations of the SEC and Nasdaq. Our Board of Directors has determined that each member of our Audit Committee is an “audit committee financial expert” as defined by applicable SEC rules and has the requisite financial sophistication as defined under the applicable Nasdaq rules and regulations. The Audit Committee met four times during 2022. The members of our Compensation Committee are Messrs. Duitch, Battinelli and Summers, and Mr. Battinelli serves as the chairperson of the committee. Our Board of Directors has determined that each of Messrs. Duitch, Battinelli and Summers is independent under the applicable Nasdaq rules and regulations and is a “non-employee director” as defined in Rule 16b-3 promulgated under the Exchange Act. The members of our Nominating and Corporate Governance Committee are Messrs. Duitch, Battinelli and Summers, and Mr. Duitch serves as the chairperson of the committee. Our Board of Directors has determined that each of Messrs. Duitch, Battinelli and Summers is independent under the applicable Nasdaq rules and regulations. The following table sets forth certain information concerning the compensation paid to non-employee directors in 2022 for their services as directors of the Company. Name Fees Earned or Paid in Cash ($) Option Awards ($) Total ($) Salvatore Battinelli 30,000 21,721 51,721 The fees shown were paid to Mr. Battinelli for services as a director. On March 31, 2022, the Company granted Mr. Battinelli an option to purchase up to 700 shares of the Company’s common stock in connection with his service as a director. The exercise price of the option is equal to $50.00 per share, is fully vested, and had a grant date fair value of $21,721.
2024-02-09	Salvatore Battinelli Includes (i) 5,105 shares issuable upon the exercise of stock options
2025-02-03	Salvatore Battinelli was appointed to our Board of Directors on August 16, 2017. Mr. Battinelli is currently the President and Chief Executive Officer of Bello e Preciso Co., a manufacturer and wholesaler of Italian-made fashion watches and has served in those roles since early 2017. Prior to joining Bello e Preciso Co., from 2011 to 2013, Mr. Battinelli served as Vice President of Development and Long-Term Strategy of North American Management Corporation, a wealth management firm based in Boston, Massachusetts with over $2 billion in assets under management. From 1987 to 2011, Mr. Battinelli served as Executive Vice President and acting Chief Executive Officer and Chief Operating Officer of Faneuil Hall Associates, Inc., a concierge boutique family office devoted to five interrelated ultra-high net-worth families. Mr. Battinelli’s primary responsibilities while at Faneuil Hall Associates included providing planning and investment advice, the management of approximately 30 asset portfolios and more than 65 individual business entities; and assisting the families in their various business ventures worldwide while working closely with law, accounting and banking functions. During his tenure at Faneuil Hall Associates, Mr. Battinelli served as an executive officer or director for certain of the family-owned entities and successfully managed several portfolio company IPOs, as well as serving as CEO and COO for Designhouse International, a Scandinavian furniture company operating out of Atlanta, Georgia, which was previously listed on NASDAQ in 1983. From 1970 to 1974, Mr. Battinelli served as Audit Manager for Deloitte & Touche (formally Touche Ross), where he specialized in management information systems. From 2002 to 2011, Mr. Battinelli also served as the Chairman of the Board of Directors of HealthLink Europe, BV, a logistics and services company that serves the healthcare industry. Mr. Battinelli is a Certified Public Accountant and received a BS in accounting and an MBA with an emphasis in international economics and accounting, both from Babson College. The members of our Audit Committee are Messrs. Duitch, Battinelli and Summers, and Mr. Duitch serves as the chairperson of the committee. Our Board has determined that each of Messrs. Duitch, Battinelli and Summers is an independent director under the applicable Nasdaq rules and under SEC Rule 10A-3. All members of our Audit Committee meet the requirements for financial literacy under the applicable rules and regulations of the SEC and Nasdaq. Our Board has determined that each member of our Audit Committee is an “audit committee financial expert,” as defined by applicable SEC rules and has the requisite financial sophistication as defined under the applicable Nasdaq rules and regulations. The Audit Committee met four times during fiscal 2024. The fees shown were paid to Mr. Battinelli for services as a director. On January 26, 2023, the Company granted Mr. Battinelli an option to purchase up to 655 shares of the Company’s common stock in connection with his service as a director. The exercise price of the option is equal to $11.60 per share, is fully vested, and had a grant date fair value of $5,797. The total compensation for Mr. Battinelli as a director was $30,797.
2025-03-10	Salvatore Battinelli was appointed to our Board of Directors on August 16, 2017. The fees shown were paid to Mr. Battinelli for services as a director. On January 26, 2023, the Company granted Mr. Battinelli an option to purchase up to 655 shares of the Company’s common stock in connection with his service as a director. The exercise price of the option is equal to $11.60 per share, is fully vested, and had a grant date fair value of $5,797.