SAM CHESNUTT - Corporate Board Profile

AIR T INC

Filing Date	Source Excerpt
2004-08-19	Sam Chesnutt, age 70, was elected a director of the Company in August 1994. ... The Audit Committee consists of Messrs. Abernethy, Chesnutt and Moore. ... The Compensation Committee consists of Messrs. Abernethy, Chesnutt and Prill. ... The Nominating Committee consists of Messrs. Abernethy, Chesnutt and Moore. ... The Executive Committee consists of Messrs. Walter Clark, Abernethy, Chesnutt and Prill. ... During the fiscal year ended March 31, 2004, each director received a director's fee of $500 per month and an attendance fee of $500 is paid to outside directors for each meeting of the board of directors or a committee thereof. Commencing in June 2004, each non-employee director receives a director's fee of $1,000 per month and an attendance fee of $500 for each meeting of the Board of Directors or a committee thereof.
2005-08-12	The Audit Committee consists of Messrs. Abernethy, Chesnutt and Prill, with Mr. Abernethy serving as chairman. The Compensation Committee consists of Messrs. Abernethy, Chesnutt and Prill, with Mr. Chesnutt serving as chairman. The Nominating Committee consists of Messrs. Abernethy, Chesnutt and Wicker, with Mr. Wicker serving as chairman. The Executive Committee consists of Messrs. Walter Clark, Abernethy, Chesnutt and Prill, with Mr. Clark serving as chairman.
2006-08-14	Sam Chesnutt, age 72, was elected a director of the Company in August 1994. ... The Audit Committee consists of Messrs. Abernethy, Chesnutt and Prill, with Mr. Abernethy serving as chairman. ... The Compensation Committee consists of Messrs. Abernethy, Chesnutt and Prill, with Mr. Chesnutt serving as chairman. ... The Nominating Committee consists of Messrs. Abernethy, Chesnutt and Wicker, with Mr. Wicker serving as chairman. ... The Executive Committee consists of Messrs. Walter Clark, Abernethy, Chesnutt and Prill, with Mr. Clark serving as chairman. ... During the fiscal year ended March 31, 2006, each director received a director’s fee of $1,000 per month and an attendance fee of $500 was paid to outside directors for each meeting of the board of directors or a committee thereof.
2007-08-13	Sam Chesnutt, age 73, was first elected a director of the Company in August 1994. Mr. Chesnutt serves as President of Sam Chesnutt and Associates, an agribusiness consulting firm.
2008-08-14	Sam Chesnutt, age 73, was first elected a director of the Company in August 1994. ... The Audit Committee consists of Messrs. Abernethy, Chesnutt and Prill. ... The Compensation Committee consists of Messrs. Abernethy, Chesnutt and Prill, with Mr. Chesnutt serving as chairman. ... The Nominating Committee consists of Messrs. Abernethy, Chesnutt and Wicker. ... The Executive Committee consists of Messrs. Walter Clark, Abernethy, Chesnutt and Prill.
2009-07-15	Sam Chesnutt, age 74, was first elected a director of the Company in August 1994. Mr. Chesnutt serves as President of Sam Chesnutt and Associates, an agribusiness consulting firm. From November 1988 to December 1994, Mr. Chesnutt served as Executive Vice President of AgriGeneral Company, L.P., an agribusiness firm.
2010-07-15	Sam Chesnutt, age 75, was first elected a director of the Company in August 1994. The Audit Committee consists of Messrs. Gioffre, Chesnutt and Prill. The Compensation Committee consists of Messrs. Chesnutt, Prill and Wicker. The Executive Committee consists of Messrs. Walter Clark, Chesnutt and Prill. The following table sets forth the compensation paid to each of the Company’s non-employee directors in the fiscal year ended March 31, 2010. Sam Chesnutt total compensation was $22,600.
2011-07-15	Sam Chesnutt, age 76, was first elected a director of the Company in August 1994. Mr. Chesnutt’s long service on the Company’s Board of Directors and on its audit and other committees provides a long-term perspective and developed knowledge of the Company and its business. The Audit Committee consists of Messrs. Gioffre, Chesnutt and Prill, with Mr. Gioffre serving as chairman. The Compensation Committee consists of Messrs. Chesnutt, Prill and Wicker, with Mr. Chesnutt serving as chairman. The Nominating Committee consists of Messrs. Wicker, Chesnutt and Gioffre, with Mr. Wicker serving as chairman. The Executive Committee consists of Messrs. Walter Clark, Chesnutt and Prill, with Mr. Clark serving as chairman. During the fiscal year ended March 31, 2011, each outside director received a director’s fee of $1,000 per month and an attendance fee of $500 paid to outside directors for each meeting of the Board of Directors or a committee thereof. The following table sets forth the compensation paid to each of the Company’s non-employee directors in the fiscal year ended March 31, 2011.
2012-07-20	Sam Chesnutt, age 77, was first elected a director of the Company in August 1994. ... The Audit Committee consists of Messrs. Gioffre, Chesnutt and Prill ... The Compensation Committee consists of Messrs. Chesnutt, Prill and Wicker ... The Executive Committee consists of Messrs. Walter Clark, Chesnutt and Prill ... The following table sets forth the compensation paid to each of the Company’s non-employee directors in the fiscal year ended March 31, 2012. ... Sam Chesnutt $22,500